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- 📝 Abstract Chain now live - but has it lived up to the hype?
📝 Abstract Chain now live - but has it lived up to the hype?
PLUS: Burnt Toast becomes Doodles CEO, R0AR NFTs take off and more!
Nifty Notes Team
January 31, 2025
GM. This is Nifty Notes, the weekly newsletter that fills you in on all the top stories across NFTs, web3 and the metaverse.
Here’s what we’ve got for you today:
R0AR NFTs take off ahead of token airdrop 🚀
Abstract now live, sees mixed reaction 😕
Burnt Toast becomes Doodles CEO 🔼
INSIGHTS: MetaWinners grew as they distributed over $165,000 USD in rewards, CryptoDickbutts flew as meme culture hit the community, and Bit Bears rose as they revealed Boyco. Moonbirds collapsed amid community turmoil, Pudgy Penguins fell despite a PEZ partnership and an NYSE appearance, and Kaito Genesis declined as the first Yapper Launchpad project was decided.
Most Read ⬆️
R0AR NFTs take off ahead of token airdrop 🚀
Just a few weeks after launch, the Executive R0AR Society NFT collection has racked up over 3,400 mints on OpenSea – with the $R0AR token presale raising over $4 million USD too.
On top of receiving a hot new NFT collectible, holders of Executive R0AR Society NFTs are guaranteed an airdrop of the upcoming $R0AR token, and will become an integral part of the R0AR ecosystem.
Holders will benefit from long-term benefits that are designed to provide real value. This has helped to propel both seasoned NFT enthusiasts and newcomers to get involved with the collection, ahead of the launch of the $R0AR token.
Abstract now live, sees mixed reaction 😕
Abstract, the Ethereum Layer-2 blockchain developed by the team behind Pudgy Penguins, has held its long-awaited mainnet launch – though reactions are mixed.
Ahead of the launch on January 27, there was huge excitement and anticipation within the community, with Luca Netz, CEO of Pudgy Penguins, stating that he believed Abstract would “change the dynamic of how users interact with blockchain technology and easily merge both the real and digital worlds.”
Upon launch, some have praised the improvements brought by Abstract – particularly on the mobile side – whilst others have encountered a myriad of issues.
With this mainnet launch, Abstract users can now earn XP – a form of airdrop point that will count towards a planned token airdrop, set to arrive in the coming months.
Burnt Toast becomes Doodles CEO 🔼
Burnt Toast, the founder and artist behind Doodles, has stepped in to the role of CEO, replacing the outgoing Julian Holguin.
This news came as a shock, as Holguin had been in the role since May 2022, and Doodles were coming off the back of a very strong 2024. This included the release of animated film Dullsville and the Doodleverse, major partnerships with both McDonald’s and PlayStation, and a teaser for an upcoming Doodles token.
Reactions from the community has been mixed. Some are excited to see the man behind the project once again take a leading role, whilst others question the move following Doodles recent success.
In his statement announcing the change, Burnt Toast said that “the extractive corpo era of doodles is over” – which many have considered to be a parting shot towards Holguin’s vision for Doodles.
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and always do your own research.