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  • January 29 - February 2: This week in NFTs, recapped in one letter

January 29 - February 2: 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.️

Gm,

We’re closing another week of heated debates in the web3 space—this time it’s $JUP, one of the largest token airdrops in the history of crypto.

Over 1 billion tokens were distributed (worth $700 million as of yesterday) and half a million wallets claimed the new Solana’s DEX token. Needless to say, January was an EPIC month for Solana, registering an all-time high in monthly new addresses, which amplified the hype around the drop (and vice versa).

Notably, right after the airdrop commenced, the $JUP team sold 250 million $JUP, which has caused controversy. Let us know what you think about that:

What do you think about the Jupiter team selling 250m?

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On a totally unrelated note, remember Kevin? One of the NFT culture’s best memes was revived this week after Pixelmon raised $8 million in a seed round ahead of its MON token launch. Btw, gamers, rejoice: Pixelmon also announced they’re launching… not a keyboard, so that’s good news. To be more specific, a new mobile game will reportedly come out in Q2, built by Playember and backed by Animoca Brands.

The project has truly come a long way since the 2022 hilariously ugly artwork release. But while things turned out positively for Pixelmon, rugs are out there and you often have to fight (or tweet) for justice!

Aside from all this, there's so much to be inspired about in this space! We just announced the winners of the Rarible x Forbes Art Contest. What a time to be an artist in web3 😌

Kevin is back! Don’t you love it when projects get revamped and rise from the ashes? We all saw it happen with Pudgy Penguins. Is it Pixelmon’s time to shine? Time will tell.

RARI Chain is live, empowering creators already 🫡 💛

Ten by RARI drops continue until Feb 9, and Week 2 of RARI Chain's Galxe Quest is live. Go get those points!

It’s never too late to start.