May 6 - 10: This week in NFTs, recapped in one letter

Gm,

NFTs made it to mainstream TV again, fam! Sure, Jimmy Kimmel was throwing shade at Trump NFT holders, but there’s no such thing as bad publicity, right?

US politicians are taking their stands on crypto (for better or worse), and web3 keeps building anticipation for a strong Onchain Summer.

Meanwhile, FantasyTop gold rush and its $1.25M rev share became the talk of the week—which probably explains the red week in some portfolios. Calm down, WAGMI!

💛 We bring you good news, too! The RaribleX-powered Celosphere has an out-of-this-world drop by Empress Trash, which is live now. ‘Art for Aliens’ is almost minted out, so check it out soon.

Better late than never. Right?

We’re all just fighting for our lives bags here

• Mastercard joins forces with US banking titans like Visa and J. P. Morgan for tokenized settlement trials.

• Investment manager Franklin Templeton expects Base to lead Ethereum Layer 2s and capture a material share of SocialFi activity.

•  SocialFi Summer? FriendTech bounced back after last week’s disappointing debut.

Calmer week for ETH NFTs. This week’s top NFT sale goes to Crypto Punk #4926.

Sold for 109 ETH (around $329,250), another loss-making sale after 3 years in its owner’s wallet.

Stop staring at your portfolio and go touch some grass.