HOW THE SAUSAGE WAS MADE | NFToyz Podcast Episode 6: Gas wars and the many costs of creating NFTs

Halloween Horror Nights Universal Studios One of the biggest problems people are trying to solve in the NFT space is onboarding - how do you get normal people to start buying and using NFTs? Universal Studios is partnering with MoonPay, which is a crypto payments service, for a massive NFT scavenger hunt experience in their California and Florida parks, as part of their Halloween Horror Nights event throughout the month of October. Seven different QR codes will be hidden in the theme park, and when scanned, each will mint an NFT with Halloween Horror Nights-themed art. Parkgoers who find and scan all seven will receive a special gold medal NFT, which will allegedly unlock special perks. Universal Studios and MoonPay are anticipating somewhere around 7 million NFTs will be minted, which will make this the biggest IRL onboarding event in NFT history. https://nftnow.com/features/exclusive-moonpay-ceo-talks-universal-partnership-and-the-future-of-nfts/ https://fortune.com/crypto/2022/09/21/universal-studios-planning-halloween-themed-nft-scavenger-hunts/ https://attractionsmagazine.com/universal-introduces-halloween-horror-nights-nft-experience/ Funko Funko has been really interested in the NFT space for the past year. In August 2021 they started releasing monthly drops of their Digital Pop! NFTs, which are digital trading card collectibles. In a few days they’ll be launching another project, in which they’re partnering with Warner Brothers and Walmart to release a “phygital” product, where you get both a physical copy of DC’s “The Brave and The Bold” comic book cover, and can claim it as an NFT online. Funko x Warner Brothers: https://www.coindesk.com/business/2022/09/21/funko-teams-up-with-warner-brothers-for-dc-comics-nft-release/ Disney NFTs Disney is trying to hire a transaction lawyer to explore emerging technology opportunities, including NFTs. No other information on their plans at the moment, but Disney has dipped their toes into the NFT space last year with the release of their Golden Moments Partners Statue NFT on the VeVe app. https://www.theblock.co/post/172654/disney-hiring-transaction-lawyer-for-aggressive-nft-and-defi-plans-linkedin-post Robinhood Polygon Wallet https://techcrunch.com/2022/09/27/robinhood-polygon-crypto-web3-noncustodial-wallet/ "Notably, Robinhood says it won’t charge Robinhood Wallet users network or gas fees for transactions, differentiating its non-custodial offering from other popular non-custodial wallets such as Metamask and Coinbase Wallet." Christie’s 3.0 On-chain curated NFT marketplace https://nft.christies.com/ https://decrypt.co/110659/christies-goes-fully-on-chain-with-new-ethereum-nft-marketplace Sotheby’s also launched their own NFT marketplace last year https://metaverse.sothebys.com/ Verifiable Credentials Bill https://twitter.com/techgirl1908/status/1575545635306377217 https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220SB786

Unintentionally, just about all our news this week has to do with OpenSea, which is currently the most popular secondary marketplace to buy and sell NFTs! (#notsponsored) OpenSea's OpenRarity OpenSea is introducing this rarity protocol as a way to standardize rarity calculations, in a way that is transparent and open source: https://twitter.com/openrarity/status/1570175357961084930 https://github.com/OpenRarity/open-rarity https://mirror.xyz/openrarity.eth/LUoJnybWuNYedIQHD6RRdX1SS9MiowdI6a69X-lefGM https://twitter.com/opensea/status/1572648422674669568 Solana Collections are now autoindexed by OpenSea https://twitter.com/opensea/status/1573067266220236800 Arbitrum L2 NFTs will be on OpenSea soon https://twitter.com/arbitrum/status/1572251210765291523 And lastly we discussed the state of the NFT industry OpenSea lost 99% of its trading volume (as measured in USD) since May: https://fortune.com/2022/08/29/nfts-opensea-crypto-winter-bubble-blockchain-web3/ There's very little speculation happening, BUT a lot of funding is happening behind the scenes. There's a lot of focus on utility in upcoming projects https://mirror.xyz/arpeggi.eth/jkpMgDfGdKZGyM_PX0CNy5xmIqLOIwCkE5IIwOS8GnE https://decrypt.co/109278/web3-investor-animoca-brands-raises-10m-metaverse We're also seeing a lot of big brands getting into the NFT space - Old Navy, Starbucks, Nike, and Lamborghini, to name a few https://nftnow.com/news/lamborghinis-second-epic-road-trip-nfts-take-utility-to-new-levels/

Welcome back to the NFToyz Podcast! In this episode, we discuss: International NFT Day (is today!!!): https://www.internationalnftday.org/ Starbucks is launching their own NFTs: https://waitlist.starbucks.com/ The Merge happened successfully, and now Ethereum's power usage is down 99.95%! https://ethereum.org/en/upgrades/merge/

We just started streaming NFT office hours on Twitch, every Saturday at 1pm PST! https://www.twitch.tv/nftoyz The video version of our podcast (and much more!) is on our YouTube channel: https://www.youtube.com/channel/UCAEcsNtVULAF0S756r_ZP7A You can find show notes and articles about NFT concepts on our blog: https://blog.nftoyz.com/ A thread from the OpenSea CTO on the phishing hack: https://twitter.com/NadavAHollander/status/1495509511179755530 Check to see if you've given permission to transfer your NFTs, and revoke access here: https://revoke.cash/ A wallet that uses social logins: https://sequence.build/ An NFT strategy card game (that we'll probably do a video about soon!): https://www.skyweaver.net/ If you want to see the NFTs we have minted and are working on, check out: • CryptoOx: https://cryptoox.co/ • Sausage Party Club: https://sausageparty.club/

The video version of this episode can be found on our YouTube channel: https://youtu.be/vsBmJugNiNA For full show notes, check out https://blog.nftoyz.com/ If you want to see the NFTs we have minted and are working on, check out: • CryptoOx: https://cryptoox.co/ • Sausage Party Club: https://sausageparty.club/

The video version of this episode can be found on our YouTube channel: https://www.youtube.com/watch?v=RWaucGhB5aA For full show notes, check out https://blog.nftoyz.com/ Some links that were mentioned in today's episode: Txstreet - https://txstreet.com/ Etherscan deploy transaction for Sausage Party Club - https://etherscan.io/tx/0x35e5317ce77... Etherscan mint transaction for Sausage Party Club - https://etherscan.io/tx/0x9bfb29c598e... Open sea contract - https://etherscan.io/address/0x495f94... Sausage Party Club on OpenSea - https://opensea.io/collection/sausage... Coinbase staking - https://www.coinbase.com/staking Lido staking - https://lido.fi/ Eth proof of stake docs - https://ethereum.org/en/eth2/staking/ GasNow - https://www.gasnow.org/

View the video version on our YouTube channel! https://youtu.be/CfhhgUEGEaw Show notes are on our website: https://blog.nftoyz.com/

View the video version on our YouTube channel! https://youtu.be/CfhhgUEGEaw Show notes are on our website: https://blog.nftoyz.com/

View the video version on our YouTube channel! https://youtu.be/CfhhgUEGEaw Show notes are on our website: https://blog.nftoyz.com/

View the video version on our YouTube channel! https://youtu.be/CfhhgUEGEaw Show notes are on our website: https://blog.nftoyz.com/