The Airdrop


Web3

Saying Goodbye to The Airdrop

But CoinDesk is not abandoning Web3 content.

Hot air balloon at sunset

Web3

Base Is Here, But Some of Its Projects Raise Red Flags

This week, Coinbase launched its new Base blockchain while DeGods NFTs are way up after the project announced its upcoming Season III series. Plus, Microsoft and Aptos are teaming up to launch new blockchain AI tools.

DeGods Season III art preview. (DeGods)

Web3

NFT Trading Is Ice Cold But Developers Are Still Hot for Web3

This week, new reports were released that point to a major slowdown in NFT trading. Plus, Etihad Airways will soon let its community of frequent fliers stake NFTs for miles.

3D planes from the EY-ZERO1 NFT collection. (OpenSea)

Web3

Reddit Returns With New NFTs and Crypto Twitter Leaves Threads on Read

Reddit launched Gen 4 of its NFT Collectible Avatars while Amazon expanded its blockchain tools. Also, crypto influencers shared thoughts on Threads and indicated that they aren’t ready to leave Twitter just yet.

Reddit avatars (Reddit.com)

Web3

OpenSea’s New Deal, McNuggets Land in the Metaverse

The NFT marketplace is letting collectors trade directly with one another, McDonald’s launches a virtual experience and more Web3 news of the week.

McNuggets Land in The Sandbox

Web3

Google Plays Nice With NFTs, Starbucks Puts Ex-MLB Star’s NFT Project on Deck

Google is allowing NFTs in games in its play store, while Starbucks recruits Micah Johnson’s Aku character for its next at-bat with NFTs.

Google play on a laptop (Getty Images)

Web3

Collectors Are Bored of Apes and Don’t Want to Pay Royalties

The floor price for Bored Ape Yacht Club NFTs has sunk and creator royalty payments shrunk to their lowest in two years. Plus, Tom Brady’s sports collectibles site Autograph is reportedly moving away from crypto.

Bored Ape Yacht Club #3001 (OpenSea, modified by CoinDesk)

Web3

Azuki Is Rebuilding After Its Elementals Mint Mishap

Azuki’s latest expansion of its NFT ecosystem missed the mark, while Candy Digital and Palm NFT are merging together to create a superpowered NFT production studio. Also, Warner Music Group and Polygon are launching a blockchain music accelerator program.

Azuki Elementals (OpenSea)

Web3

How Gaming, Loyalty and Entertainment Are Adapting to the Rise of NFTs and Web3

The gaming, entertainment and loyalty industries are poised for big changes, thanks to Web3 tech such as NFTs and DAOs. We talk to the experts on how. Plus, Nike and Puma announced new digital partnerships that show Web3 is still kicking.

"Airphoria" (Nike/Epic Games)

Web3

The $11M NFT Auction and Snoop Dogg’s Evolving Collection

Rapper Snoop Dogg's new NFTs will change as he tours this summer, while Sotheby’s concluded a successful second 3AC NFT auction.

Sotheby's Grailed NFT auction on June 15, 2023. (Sam Ewen/CoinDesk)

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