Sell The Bottom by Mladek - Market Recap

Nov 18, 2022

Cristiano Ronaldo partners with Binance to launch his first NFT collection

In a tweet, Tuesday morning (nov 1tth) Binance & Ronaldo confirm the NFT project to launch on November 18th

My NFT collection is coming on November 18, exclusively on @binance. This is your chance to join my Web3 community and own iconic moments from my career. Sign up now with code RONALDO to prepare, and receive a surprise when the collection drops.

Trouble At Genesis Lending

“The lending division of crypto asset manager Genesis has put a halt to customer redemptions and new loan originations, a move that’s already disrupting crypto services across the ecosystem.”

The Wall Street Journal @WSJ

Cryptocurrency lender Genesis told clients it is suspending redemptions and new loan originations following the collapse of crypto exchange FTX

on.wsj.comCrypto Lender Genesis Suspends Withdrawals After FTX CollapseThe swift demise of FTX created unprecedented turmoil for Genesis, causing the company’s lending arm to be unable to meet all withdrawal requests, the company told clients.

Nike to Launch .SWOOSH Web3 Platform

“Through the new .SWOOSH destination, Nike aims to provide an access platform for all its Web3 linked products, including the distribution of Metaverse wearables, NFT-backed clothing and token-gated experiences. All with a mind to expand deeper into the realm of the blockchain as we all hurtle into the mysterious territory of 2023.” - NFT plazas

Mihailo Bjelic @MihailoBjelic

We promised you to not stop, even when it's hard. To keep pushing, no matter the hurdles. We promised to JUST DO IT! 🔥 We are excited to announce that @Nike is building their Web3 experience EXCLUSIVELY on @0xPolygon! Onwards. 🦄💫 decrypt.co/114494/nike-sw…

decrypt.coNike Launches .Swoosh Web3 Platform, With Polygon NFTs Due in 2023 - DecryptAfter CryptoKicks comes .Swoosh, a destination for virtual apparel and other NFT-based products, with the first drop due in January.

Threads By Mladek - The Future of NFTs

Chris | Mladek.eth @mladek_eth

1/ PFPs make up the majority of the #NFT marketcap... for now. But that will change over the next 2 years as art, metaverses, and utility pass become more popular. Major events like #FTX force maturity across all sectors of #crypto 🧵 👇🏻

Trouble at Twitter

Lots of rumors were flying on the social media platform regarding mass layoffs and a large portion of employees quitting after Elon Musk the new CEO set strict working guidelines

Kylie Robison @kyliebytes

What I’m hearing from Twitter employees; It looks like roughly 75% of the remaining 3,700ish Twitter employees have not opted to stay after the “hardcore” email. Even though the deadline has passed, everyone still has access to their systems.

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