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- Chimpers New Year's AMA, VeeFriends Children’s Book, Bitcoin ETF Approval, & More!
Chimpers New Year's AMA, VeeFriends Children’s Book, Bitcoin ETF Approval, & More!
This Week's Topics:
Chimpers New Year’s AMA
The Chimpers team recently held their first AMA session of the year in their Discord channel. This session provided valuable insights into the team's business strategy, project updates, and future plans, alongside offering holders a platform for feedback and questions.
A Year in Review: Celebrating 2023's Successes
Despite the challenges faced in 2023, including limited revenue opportunities, the Chimpers team focused on community building and brand development. Major achievements include:
The Adventuring Experience: A significant focus of the year, these adventures were instrumental in community engagement, leading to the creation of a game and the 'Ancient Chronicles' book.
Growth and Recognition: Chimpers partnered with the Pleywell licensing and strategy team. The brand saw tremendous growth on social media platforms like Instagram and TikTok, amassing 860k followers and achieving 134 million GIPHY views.
Movies & Toys: Chimpers were featured in the Nouns Movie and preorders for the collectible Chimpers figurine launched with 3 different versions!
Community Engagement: Over 30 global meetups and the launch of multiple mini-game arcade games! Launched alongside contests, and planned be integrated into the Reboot protocol in 2024, allowing the community to play and win $GG.
Innovative Initiatives: Projects like the Creator Academy and Chimpreneurship series garnered widespread recognition and sponsorship.
Chimpvolutions launched to evolve the art, reward holders, and bring some fun! GIFs for Chimpvolutions are planned to be available in January.
Navigating Challenges and Building Resilience
The team addressed the setback with the Paramount/TMNT partnership due to issues with Recur and market downturns. Despite these challenges, their focus remains on forward momentum and maintaining communication with the web3 department of their partners.
Vision for 2024: Expansion and Innovation
Strengthen Web 3 presence: Solidify and grow our position in the Web 3 through partnerships and collaborations with prominent Web 3 projects to expand Chimpers IP through engaging products, such as games, collectibles, merchandise, and interactive experiences that also generate revenue.
Grow and expand the brand's presence in Web 2: Increased content to grow presence on Instagram, TikTok, GIPHY and app stickers. IP collaborations.
Licensing Agreements: Pursue licensing agreements to extend the Chimpers brand into merchandise, digital collectibles, toys, games, and consumer
What Can Holders Look Forward To?
Chimpers Collectible Platform: Bridging Digital and Physical
Chimpers is launching a comprehensive collectibles platform, featuring both digital and physical trading cards, among other products. This platform aims to scale the Chimpers IP significantly. Key features include:
Hybrid Collectibles: Offering digital items with an option to redeem their physical counterparts.
Collaborative and Exclusive Drops: Including mash-ups with prominent Web3 brands and special releases from guest artists.
Community Spotlight: The platform will uniquely showcase community artists and builders.
Innovative Payment Options: Accepting FIAT, Crypto, Token, and an in-platform XP system.
Chimpers Amulets Trading Cards: These cards, emphasizing rarity and power levels, integrate the community further by offering holders the chance to be featured in future drops.
Strategic Brand Building and Licensing
In partnership with the Pleywell licensing and franchise team, Chimpers is set to elevate its brand to new heights:
Expanding Product Categories: Focusing on collectibles, publishing, gaming, and apparel.
Strategic Marketing and Collaborations: Developing a comprehensive strategy for partnerships, events, and marketing for the next two years.
Bridging Web2 and Web3: Pleywell's involvement is crucial in integrating Chimpers products across both digital and physical domains.
Innovative Gaming Ventures
Chimpers is diving deep into gaming with several exciting initiatives:
Reboot Partnership: Integration of Chimpers mini-games, allowing the community to play and earn in-game currency.
New Gaming Experiences: Launching a new arcade mini-game and exploring Play-to-Earn models on platforms like Nifty Island and potentially Roblox.
Community-Centric Initiatives
Community remains at the heart of Chimpers' ethos:
Exclusive Merchandise: The release of the 'Straight From The Dojo Bundle' and collectible figurines.
Chimpreneurship Series 2: A continuation of their popular series with new guests and sponsors.
Engaging Community Meetups: Ongoing support for gatherings in diverse global locations.
A Bright Future Ahead
The Chimpers team's AMA sets a positive tone for 2024. Followers of the Chimpers brand can look forward to innovative developments in gaming, collectibles, and brand expansion, all while being assured of the project's financial runway and commitment to holder satisfaction.
VeeFriends Children’s Book
VeeFriends has announced an exciting venture into children's literature with the release of “Meet Me in the Middle,” authored by Gary Vaynerchuk, a five-time New York Times Best-Selling author and VeeFriends founder.
This debut children's book, published by HarperCollins Children's Books, a revered name in children's literature for over two centuries, represents a significant crossover between the worlds of NFTs and traditional publishing.
Innovative Storytelling with a Web3 Twist
Set to officially release on July 26th, 2024, “Meet Me in the Middle” introduces young readers to two characters from the VeeFriends universe – Patient Pig and Eager Eagle. The book is now available for pre-order, offering a glimpse into the imaginative world of VeeFriends.
What sets this book apart is its inventive format. The story is told from two perspectives: start reading from the front cover to follow Patient Pig’s story, then flip the book over to see the world through Eager Eagle’s eyes. This dual narrative approach is designed to spark curiosity and discovery among young readers.
Exclusive Perks for NFT Holders
In a move that bridges the gap between NFT ownership and traditional media, VeeFriends has announced special benefits for S1 & S2 Patient Pig & Eager Eagle token holders.
These holders can claim a copy of the book, with S1 holders receiving a signed edition. Additionally, an exclusive reading session with Gary Vaynerchuk is scheduled on the Meet.VeeFriends platform.
Blending Web3 with Traditional Publishing
“Meet Me in the Middle” is more than just a children's book; it's an educational tool that delves into empathy, problem-solving, and compromise. These themes are woven into the narrative, providing parents and educators with a resource to discuss these essential life skills with children. Pre-order your copy here!
Bitcoin ETF Approval 💸
In a landmark decision that marks a pivotal moment in the history of cryptocurrency, the first Bitcoin Exchange-Traded Fund (ETF) has been officially approved. This groundbreaking development comes just 24 hours after the SEC’s X account was compromised, releasing a fake announcement.
The Significance of the Bitcoin ETF Approval
The approval of a Bitcoin ETF is more than just a regulatory green light; it's a symbol of the maturing crypto market and its increasing integration with traditional financial systems. This ETF allows investors to gain exposure to Bitcoin without the complexities of direct cryptocurrency ownership, such as managing wallets and keys.
Impacts and Implications
1. Increased Accessibility: The ETF democratizes access to Bitcoin, allowing a broader range of investors, including those less tech-savvy or wary of direct crypto investment, to participate in the Bitcoin market.
2. Market Legitimacy: The ETF serves as a stamp of legitimacy, potentially assuaging some of the skepticism and uncertainty surrounding cryptocurrencies.
3. Institutional Interest: With the ETF, institutional investors may be more inclined to invest in Bitcoin, given the regulated and familiar ETF structure.
4. Potential Market Growth: The ETF could lead to an influx of capital into Bitcoin, potentially impacting its price and the overall cryptocurrency market.
A New Chapter Begins
The approval of the first Bitcoin ETF is a watershed moment for the crypto industry, heralding a new chapter in the journey of Bitcoin and possibly paving the way for other cryptocurrencies to gain similar recognition.
OpenSea Introduces Email Wallets 📥
OpenSea has introduced a new feature that allows users to create a self-custodied crypto wallet using just their email address. This innovative move, designed to streamline the onboarding process for new users, marks a pivotal shift in the accessibility of NFTs and the broader Web3 space.
Breaking Down Barriers in the NFT World
Traditionally, entering the NFT space involved several complex steps: downloading a wallet extension, setting up the wallet, navigating seed phrases, and acquiring cryptocurrency. These hurdles often deterred potential enthusiasts from exploring the world of NFTs. OpenSea’s latest update aims to eliminate these barriers, offering a more straightforward entry point for newcomers.
The New Onboarding Experience Powered by Privy
OpenSea's collaboration with Privy has led to an enhanced onboarding experience. Users can now set up an OpenSea account and a self-custodied crypto wallet using just their email address. This wallet, fully integrated with OpenSea, offers a range of functionalities:
Ease of Use: Users can buy, sell, add, send, and receive crypto and NFTs directly through OpenSea.
Comprehensive Management: The wallet allows for managing funds and viewing transactions on the blockchain without requiring a separate wallet extension.
Wide Compatibility: The wallet supports all nine EVM-based chains that are compatible with OpenSea.
A Leap Towards Mainstream Adoption
This update is a game-changer in terms of user-friendliness. The ability to create a wallet with an email address and the support for credit and debit card purchases substantially lowers the entry threshold for NFT trading and creation.
Future Plans and Continued Innovation
OpenSea is not stopping here. The company is committed to further improving the user experience, with plans to introduce simpler checkout flows, expanded wallet functionality, and other enhancements. This ongoing effort underlines OpenSea's dedication to making Web3 more accessible to a broader audience.
By simplifying the process of engaging with NFTs, OpenSea is not only expanding its user base but also contributing to the overall growth and adoption of Web3 technologies. This move could potentially attract a new wave of users, further embedding NFTs into the mainstream digital landscape.
X Removes NFT Profile Picture Support 🚫
In a surprising turn of events, X, the platform formerly known as Twitter, has decided to remove support for Non-Fungible Token (NFT) profile pictures. This move marks a significant shift from their earlier embrace of blockchain technology and has sent ripples through the Web3 community.
The End of an Era for NFTs on X
X's initial integration of NFT profile pictures was seen as a major endorsement of the burgeoning NFT space. It allowed users to showcase their NFT ownership directly on their profiles, linking their digital identity with their blockchain-based assets. This feature, celebrated by NFT enthusiasts, symbolized a mainstream platform's acknowledgment of the value and legitimacy of NFTs.
Implications of the Rollback
The decision to roll back NFT profile picture support has raised questions and concerns within the Web3 and NFT communities. Key implications include:
Shift in Platform Strategy: This move indicates a potential change in X's approach to integrating blockchain and NFT technologies, hinting at a strategic realignment under new ownership or management.
Community Reaction: The Web3 community, particularly those heavily invested in NFTs, may view this as a step back in the acceptance and mainstream adoption of NFTs.
Market Impact: While the direct impact on the NFT market remains to be seen, X's decision could influence perceptions of NFTs among broader audiences.
Possible Reasons Behind the Decision
While X has not provided a detailed explanation for this decision, speculation abounds:
User Experience Concerns: The integration of NFTs might have complicated the user interface or experience for a broader set of users, leading to reconsideration of the feature.
Changing Corporate Priorities: With changes in leadership or business strategy, X might be refocusing its resources and priorities away from NFT integration.
Technical and Security Considerations: Managing NFT profile pictures involves certain technical and security challenges, which might have contributed to this decision.
Looking Ahead: The Future of NFTs on Social Platforms
X's rollback of NFT profile picture support does not necessarily spell the end of NFT integration on social media platforms. The landscape of digital identity and asset representation is continuously evolving, with other platforms potentially stepping in to fill the gap left by X.
X's decision serves as a moment of reflection for the Web3 community. It underscores the dynamic and unpredictable nature of technological integration in mainstream platforms and highlights the need for the Web3 community to continuously adapt and innovate.
Thank you for reading! Please contact us if you are interested in being featured in our next newsletter. Have a wonderful weekend & ALWAYS be looking Beyond The Chain!
With Love,
@_SVVVG3
Beyond The Chain ⛓️🚀
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