October 30 - November 2: This week in NFTs, recapped in one letter

Gm,

This has been a truly euphoric week as we see crypto (and quite a few NFT projects) firmly in the green. Consequently, a lot of people are talking about what the next bull market will look like.

While we can’t speak for all of Web3, we do know our NFTs—and we have a scenario we believe will happen in the foreseeable future:

Imagine that the ownership and exchange of NFTs is as commonplace as sending an email. The majority of internet users mint NFTs and engage with their digital wallets daily. NFTs are the preferred method for distributing digital goods and services.

We’ve been building for this scenario for the past two years. And this week, we presented what we see as the ultimate product for it—RaribleX, the turnkey marketplace solution for web3 market leaders and Fortune 500 companies alike.

• Hot Wheels x Lamborghini NFTs are now available on RaribleX-powered Mattel Creations marketplace

• SafeMoon executives arrested
  

• Adidas x Bugatti release limited edition football boots via ETH auction

• Elon Musk criticizes NFTs that are not stored on-chain

Remember that most things are driven by emotions—web3 included.