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Upshot Update: HackMoney Prizes and NFT Round-Up

Welcome to the third edition of the Upshot Update 👋

In this newsletter we’ll round-up the latest news, updates and insights from the team, and take a look at what’s happening across the NFT space.

If you haven’t already, make sure you subscribe to our bi-weekly newsletter so that you don’t miss a beat. Let’s dive in 👇

🌟 What’s New

HackMoney x Upshot: $4k in prizes up for grabs 💰

We’re stoked to sponsor ETHGlobal’s HackMoney! We will be awarding $4k 💰 in prizes. Submit your hack for a chance to win one of two Upshot bounties that will be up for grabs:

🏆 Prize #1: For the best NFT subgraph or aggregation of NFT data
🏆 Prize #2: For the best NFT pricing model

📅 June 18 – July 9
Register here 👉 https://defi.ethglobal.co/

 

📆 Upcoming Virtual NFT Lounge: It seems the latest NFT trend is “NFT production studios,” as they’re being called. Fox Corporation has set aside $100 million for investment in new products that include NFTs at their core, and NFT Genius has raised $4 million from investors like Ashton Kutcher and Mark Cuban. Join the Upshot team on Thursday, June 17 at 9:00PM ET to chat about it on Discord.

💡 Insights

Searching for Truth: Blockchain Technology as a Remedy for the Post-Truth Era

Upshot founder Nick Emmons writes on the growing mistrust in society and how blockchain technology can help provide a remedy for the post-truth era.

“Blockchain technology is reshaping how people are paid for their niche areas of expertise.”

🖼 NFT Round-Up

What’s Happening ⚡️

+ Bored Apes are now one of the top 3 NFT collections traded over the past month

+ A rare “Alien” CryptoPunk (#7523) sold for $11.8 million at Sotheby’s – setting the auction record for an individual CryptoPunk

+ You can now show off your NFT collection directly within the latest version of the Rainbow wallet app with Showcase 🏆

Top NFT Sales (Last 7 Days)* 💎

1. CryptoPunk #8805 | 138 ETH ($334k)

2. Alight Here for Dystopia | 67 ETH ($175k)

3. CryptoPunk #9214 | 57 ETH ($144k)

Top NFT Collections (Last 7 Days)* 🖼

1. Axie Infinity | Vol: $22.9 (-2%) | Sales: 82k (+18%)

2. NBA Top Shots | Vol: $14.08M (+92%) | Sales: 604k (+130%)

3. Bored Ape Yacht Club | Vol: $6.9M (-30%) | Sales: 948 (-47%)

* Data from DappRadar

👥 Come Work With Us

Upshot is hiring across multiple roles!

We are a team of crypto-natives with deep experience working on some of the leading projects in the space – backed by the foremost funds and angels in crypto. At Upshot, we are committed to finding top talent looking to make an impact at the forefront of this burgeoning space.

Interested in working at Upshot? Check out our open positions 👥

Join the 🆙🏀 Community

Hop in the Upshot Discord to chat about all things NFTs with the team and fellow collectors! We’re building a collector-centric community and would love to have you be a part of it. 

 

Stay in the loop!

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