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The Andy Milonakis NFT Show, EP. 5 – Sponsorships, Degen’s, And Cheeth

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Tonight, on The Andy Milonakis NFT Show: insults, shade, intrigue. Also, NSFW content straight from the mouth of Andy Milonakis, in a video-heavy episode. It even contains a video-guest appearance by fellow NFT celebrity Gary Vee. Plus, Andy fights with a sector of the NFT community and ends up vindicated. All of this and more in the action-packed fifth episode of your favorite internet show.

LFG!

Related Reading | The Andy Milonakis NFT Show, EP. 1 – Our Hero Falls Down The Rabbit Hole

Sponsorships, Milonakis, and an NFT Ft. Gary Vee

The show starts with a bang! A rare video appearance by this show’s leading man, asking the community about the proper etiquette for sponsorships in the NFT space:

I really want to do this the right way, because I feel like I’m going to be in this space for a while,” an earnest Andy says. The community basically responds that it’s ok to do it as long as he discloses that it’s a sponsorship or that he’s receiving NFTs for free. BEAT. Andy takes a shot at Gary Vee.

When Milonakis says “my new NFT series is going to be at Christie’s!!!!!!!!!,” he’s referencing the Veefriends Christie’s auction. BEAT. A few minutes later, Andy Milonakis gets his first sponsored NFT: A Butthead. How appropriate!

BEAT. An hour and change later, Milonakis takes a second shot at Gary Vee. This time a NSFW one. Let’s say Andy wants a Veefriend tattoo and leave it at that. BEAT. An hour and change later, Gary Vee replies with his own NSFW video. Even though he doesn’t say a bad word in it, the video is as dirty as they come.

And that concludes the crossover of the century… for now.

ETHUSD price chart for 09/24/2021 - TradingView

BTC price chart for 09/24/2021 on Binance US | Source: BTC/USD on TradingView.com

Andy Vs. The Cyber Mall Cops

In this hilarious video, Andy Milonakis goes directly at the people monitoring NFT transactions. Some people caught him selling a Lazy Lion for way less than its value and called him “paper hands” and questioned his existence in the NFT space. Well, they messed with the wrong man. 

Then, the so-called Degen’s doubled down on their claim, and Andy slammed them again. Here, we find out that Andy has over 300 NFTs and that he sold two “a bit under floor because I wanted to make a movie quick on something.” What was that something that Milonakis wanted so desperately?

Here comes the reveal. Andy tells us, “I sold a couple things below floor to quickly snap some of these up because they are innovative and cool for the space.” Milonakis found out about the Anonymice project before the general public, from what seems like a bare-bones whitepaper. 

Then this civilian NFT enthusiast defends him, calling his buying of the Anonymice “a giga-galaxy brain move.” Andy Milonakis was cool enough to jump in on Yerma’s replies and talk to the people, even clearing things up about the Anonymice project. 

Days later, Anonymice was at #1 in the trending NFT collections list.

And this is Andy’s victory lap tweet, “I got 5 mice staking, grinding Cheeth.

To clear things up, the Anonymice explain, “CHEETH is the utility token that powers the Anonymice world. It’s not an investment, has no economic value and has infinite supply. Please don’t speculate with it. You’ll need it to breed your mice!

XXX Epilogue

Related Reading | The Andy Milonakis NFT Show, EP. 4 – Interacting With The NFT Community

To close this week’s episode, Andy Milonakis has an indecent NSFW proposal for you.

Don’t look at us, Bored Ape Yacht Club holder. This is between you and Andy.

Featured Image: The Andy Milonakis NFT Show logo, featuring art by Andy Milonakis | Charts by TradingView

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Source: https://bitcoinist.com/the-andy-milonakis-nft-show-ep-5-sponsorships-degens-and-cheeth/?utm_source=rss&utm_medium=rss&utm_campaign=the-andy-milonakis-nft-show-ep-5-sponsorships-degens-and-cheeth

Blockchain

DraftKings Doubles Down, Partners With Polygon

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Yes, it was just a few short months ago that DraftKings launched the ‘DraftKings Marketplace‘ in partnership with Autograph.io. In that short time, we’ve seen the sports gambling powerhouse churn out some successful NFT releases with the likes of Tiger Woods, Simone Biles, Tom Brady, and more.

Now, DraftKings is doubling down on crypto, this time pairing up with Polygon for some versatility and support in secondary-market transactions.

DraftKings & Polygon: A Prime Pair

Scalability and sustainability are two traits that Paul Liberman, co-founder and president of global product and technology at DraftKings, cited as “critical challenges of blockchain technology” that Polygon was able to address to meet DraftKings’ needs. According to the press release, the company will also have an option to potentially contribute to Polygon’s governance protocol and keep the network secure as a validator node with its own stake pool.

Polygon will hone in on custom NFT drops and secondary-market transactions.

The marketplace is available for millions of DraftKings’ users, and the platform is currently working towards transferability of NFTs to decentralized wallets via Ethereum mainnet. Meanwhile, Polygon has continued to show investment in NFTs, gaming, and corresponding areas. Existing partners for Polygon include the likes of Atari, ZED RUN, Decentraland, The Sandbox, and more.

“Although DraftKings Marketplace is still in it’s nascency, we are bullish on the possibilities that blockchain, NFTs, cryptocurrency and more will present as we prepare for Web 3.0 alongside Polygon and the new innovations ahead for digital collectibles,” added Liberman. A refreshing take from brand executives that shows the immense potential ahead for crypto in online gaming and gambling.

Polygon continues to solidify partners to build further investment in gaming and NFTs. | Source: $MATIC on TradingView.com

Related Reading | Crypto Scammers Take Over Dating Apps Users’ iPhones

Gaming, Gambling & Crypto

The emergence of young industries stateside, such as sports gambling and cannabis, are prime contenders for crypto integration – and this move for DraftKings is a prime example. They are also industries that are on the rise throughout the US in particular.

Reports emerged this week that New Jersey was the first state to hit a $1B month of bets last month. The first online sports betting entrant in the state was none other than DraftKings, who partnered with Resorts Digital; that partnership yielded nearly $42M last month, leading the online-only handle in the state.

All that to say that DraftKings is one of the largest players in the game, publicly traded with a valuation north of $20B.

Many platforms are targeting the crossover of gambling, gaming and crypto. Polymarket, for example, describes itself as an “information markets platform” that runs on Ethereum, where users can place bets on sports and current events.

Related Reading | Who Funds Bitcoin Core Developers? Here Are The Facts

Featured image from Pexels, Charts from TradingView.com

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Source: https://bitcoinist.com/draftkings-doubles-down-partners-with-polygon/?utm_source=rss&utm_medium=rss&utm_campaign=draftkings-doubles-down-partners-with-polygon

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Blockchain

Anthony Scaramucci Sees Bright Future as First US Bitcoin Futures ETF Makes NYSE Debut Following Positive Nod from S.E.C.

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In Tuesday morning trading, the ProShares Bitcoin Strategy ETF (NYSE: BITO) made its debut, marking a monumental occasion in the developing story of cryptocurrency regulation. The fund, which tracks CME bitcoin futures, or contracts speculating on the future prices of bitcoin, rose by roughly 3% early in the session and continues to hold those gains at time of publishing.

The crypto sector as a whole has pursued a bitcoin-focused ETF for years now, with asset managers submitting proposals for spot bitcoin ETFs as early as 2017. To date, however, the U.S. Securities and Exchange Commission had consistently rejected these proposals, maintaining the stance that none of the applications were able to prove market resistance to manipulation.

While the ProShares Bitcoin Strategy ETF falls short of the spot bitcoin ETF that many in the industry hope is on the horizon, experts agree that Tuesday’s opening stands as a turning point in the regulatory approach of the SEC.

“Remember, there’s a difference between the cash ETF, obviously, and the ETF that everybody’s talking about right now. I have a preference for the cash ETF, but I love the fact that the SEC is allowing for the futures ETF,” Anthony Scaramucci, founder and managing partner of SkyBridge Capital, told CryptoCurrencyWire in an exclusive. “It’s just a sign that they’ve decided that they know the blockchain is going to be a very big component of the future of the financial services industry. I take this as a monumental decision…to allow the United States to stay the leader in financial services globally. I think it’s a very positive sign.”

To stay up to date on the latest cryptocurrency news, signup for the CryptoCurrencyWire newsletter at www.CryptoCurrencyWire.com and for more on SkyBridge Capital & First Trust Skybridge Bitcoin Fund L.P. visit www.SkyBridgeBitcoin.com.

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Blockchain

Traders Start Longing Cardano ($ADA) Over Other Altcoins, Here’s Why

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Cardano ($ADA), the fourth-largest cryptocurrency by market cap seems to have lost market momentum post its Alonzo upgrade in September. The smart contract integration was seen as a key catalyst to its price as $ADA rose to a new all-time high of $3.10 in the run-up to the upgrade. Even though the upgrade made Cardano a Defi and NFT hub, its price hasn’t made much progress since then.

$ADA is currently trading at $2.13 with a 1% loss over the last 24-hours, the altcoin price has fluctuated in the range of $2.10-$2.70 since September. At present Bitcoin is leading the market rally with eyes set of new ATH, while altcoins seem to be in a consolidation phase.  Historically, the real altcoin bull run begins when the $BTC market tops as seen in April-May when the majority of the altcoins hit new ATH.

Cardano
Source: TradingView

The market sentiment towards altcoins looks stable at present, but recent data from Santiment indicate an unusual rise in interest of traders for $ADA, something that was seen during the Alonzo hardfork.

Can Cardano Make a Turn-Around?

Cardano’s social media mentions went through the roof during the Alonzo upgrade, but the hype died down with the successful completion of the upgrade. Many critics believe the September high was the top for the altcoin, however, new data shows traders on Binance is longing $ADA more than other altcoins showing a bullish sentiment in the making.

Cardano
Source: Santiment

The sharp rise in long position is often followed by a bullish price rally for the altcoin and if the trader’s interest continues to mount, it could build a bullish momentum strong enough to help it record new ATHs.

The altcoin had quite a phenomenal year until now having broken into top-3 crypto rankings and currently sitting at third. $ADA with its new decentralized ecosystem is expected to become the go-to option for Defi and NFTs due to the scalability and security that Cardano offers.

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Source: https://coingape.com/traders-start-longing-cardano-ada-over-other-altcoins-heres-why/

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