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February 19 - 23: This week in NFTs, recapped in one letter

February 19 - 23: This week in NFTs, recapped in one letter

Right Click, Recap is a weekly newsletter that helps you stay in the loop of the ever-changing NFT market and its community.️

February 23, 2024

Gm,

Here we go again, folks! Can we claim it’s up-only season already? It doesn’t look like we’re hitting the brakes anytime soon. Ethereum hit $3k this week (for the first time in 2 years)! Wen ETH ETF? In May (most likely). But till then, DYOR and brace yourselves.

It was a big week: Yuga Labs went shopping and acquired PROOF. Now, Moonbirds, Grails et al. are part of the Yuga family. Call it alpha, call it insider trading, but Moonbirds sales spiked right before the big reveal. And in a plot twist, Yuga's bringing back their old CEO, Greg Solano, who’s all in on Otherside, web3 gaming, and making BAYC great again a separate company with its own focus.

Meanwhile, Pudgy Penguins renewed their deal with Walmart - new batch of toys is now available in 3,100+ stores across the US. CT went wild when Walmart hyped it up on their X. Looks like it’s chess, not checkers for the big players in web3 now.

Now to the Rarible-specific news of the week:

👋 Hey, we’re in Paris too. Swing by and say hi to the Rarible team. And guess what? We’re hiring. If you’ve got what it takes, check out our job postings and jump on board.

💜 Let’s not forget, Women’s History Month is around the corner. We’re kicking things off with RARI Chain and Hug’s OE drop for International Women’s Day – womenx creators, this one's for you. Submissions close Feb 28, so apply fast.

💎 Today’s your chance to mint your own Finding Balance by Sierra Nawabi edition—the winning artwork of Rarible x ForbesWeb3 Art Contest!

🙌 Raise your hands if you claimed your FREE Rarible OG NFTs ✨exclusively on Farcaster! 5.2K items were minted in Rarible's first Warcast campaign.