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- August 22: This week in web3, recapped in one letter
August 22: This week in web3, recapped in one letter
Right Click, Recap is a weekly newsletter that helps you stay in the loop of the ever-changing web3 market and its community.️

Gm gm,
Kanye finally launched his meme coin.

It pumped to $3B, before crashing spectacularly (of course).
The vibes are not quite as high as last week (*cough* ETH falling, NFT market cap dropping cough) but we are eternal optimists. And so is JP Morgan.
The Headlines:
Rarible acquired Flipp – the mobile first trading app. Big announcments coming.
CreatorDAO launched a 50 ETH creator fund.
Polymarket added a “Breaking News” tab, allowing you to track the top markets.
Big week for Rekt: Their Base collab sold out in 1 minute, a Rekt Guy sold for $45K, and $REKT went live for spot trading on Hyperliquid.
Meebits launched a digital upcycling program.
Story Protocol’s founder stepped down, causing backlash and speculation.
A biotech firm pivoted to become an ETH treasury firm called ETHZilla.
Bo Hines, leader of the white house Crypto Council now works at Tether.
ERC-8004 on Ethereum: a new trustless standard for AI agents.
Elon Musk changed his mind about forming his own political party.
A Japanese 3D-printed housing company is using NFTs and Bitcoin in their business model.
Monad cards took over the timeline, and no I’m not jealous that I didn’t get one.
From the timeline:
holy shit it's powered by technology
— Zack Voell (@zackvoell)
11:14 PM • Aug 21, 2025
Minting Now:
We’ve got the first ZKcandy mints live on Rarible. The Super Misfits are a league of 4,000 oddballs…and then there’s this cute little kitty. Minting now.

PS:
Something’s coming... 👁️
Where does the portal connect to?
— Rarible (@rarible)
1:20 PM • Aug 22, 2025