Surf & Turf
Dear Future Whales,
In today’s note, I highlight a new product offering from the Bored Ape community. There's also exciting news related to the AI-focused project Altered State Machine. Additionally, I've included an important resource for those planning to play Futureverse’s "The Third Kingdom" game. Let’s dive in!
Summary:
The Surf: Ape Water
The Turf: ASM’s Gen II Brains to be Intelligent Land+
Recommend Pod: Building Trust in Data
🏄♂️ Water Made for Apes: The Surf
As I continue to explore the potential of RWAs (Real-World Assets), I have to commend the BAYC community for continually finding innovative ways to leverage their brand through merchandise. The latest product is Ape Water!
Purchasing this water with ApeCoin provides yet another potentially useful sink for the cryptocurrency. In my view, for web3 projects looking to expand beyond gaming, offering branded items that can be bought in the real world represents a massive opportunity.
🌎 ASM Protocol Update: The Turf
For my friends and readers who own NFT assets from the Altered State Machine Project, there is some big news!
Just this past week, ASM unveiled a new whitepaper and upgrade to the protocol. This means major changes to the use of ASTO token and ecosystem assets. If you want to read the cliff notes, then I suggest checking out the Post by @Bloxx
The Alpha: Gen 2 ASM Brains were minted by those who redeemed ASTO Energy after staking ASTO. This led to a massive influx of Gen 2 Brains on the market, far exceeding demand. The big news is that, at some point in the future, the team will allow Gen 2 Brain holders to transform their assets into Intelligent Land via SurrealScapes in the upcoming "The Third Kingdom" game. Extractor resources or mining activities will enable players to harvest additional ASTO tokens. This is a fantastic idea as it provides utility to the Gen 2 Brains and an additional faucet for the token, with the rate of claiming the token based on gameplay.
Even better, to provide additional utility to the AIFA All-Stars, you will be able to use these NFTs to help mine or extract the ASTO token. If you want to learn more about "The Third Kingdom" game, check out the unofficial game manual made by yours truly.
Lastly, staying on the theme of land, ASM also delivered the long-awaited AIFA Arenas. These assets are designed to support the AI League Football game and may also be used in the Open Metaverse as game-ready assets. More information will be provided soon. Currently, there is only one AIFA Arena listed for sale.
🎧 Recommended Podcast: Real Talk NFT
I recommend listening to this episode of Real Talk NFT. It's only 34 minutes but very informative on building out an attestation protocol focused on trusted data.
Background on the 'Trust Protocol' starts at minute 5.
How do attestations work? Find out at minute 9:30.
Authored by Matt Bartlett, CAIA. Follow Matt on x.com @MattBartlettVE
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