Drops DAO Newsletter

Dec 16, 2022

Drops DAO was featured this week in an article by CoinGecko on the rise of NFT lending:

#NFT renting and lending platforms are on the rise 🌅 Here's a newbie-friendly guide on what NFT lending is, how it works, and a comparison of lending platforms like @NFTfi, @arcade_xyz, and @dropsnft ⬇️ coingecko.com/learn/what-is-…

coingecko.comWhat is NFT Lending? | CoinGeckoThe NFT landscape keeps evolving. Now, you don’t have to sell your NFTs to access liquidity. Keep reading to learn more about NFT lending.

We’ve also got a rough list of products we will be building next:

- Ape staking

- adding more collections

- adding floor multiplier for traits

- NFT refinancing

- NFT borrowing / shorting

- offering loans to peer-to-peer platforms from pools

- launch on other EVM chains

-updates planned for token rewards vesting & referral program

Drops Team Updates:

Next week

- working on ape staking

- UI improvements

- work on lootboxes rewards

- designing new lending pool view page

- working on yield integration on DeFiLlama

- adding support for Hounds on Cartel Pool

Dropsmanship - Poker Tournament

Our next poker tournament is this Sunday the 18th at

1pm EST / 6pm UTC

Please stay tuned around that time on the Discord/Telegram channels for the link of the game.

NFT News - Highlights of the Week

A bunch of NFTs Were Just Sent to the International Space Station

On Thursday, Solana NFT project Infinity Labs will see a collection of NFTs from numerous Web3 projects breamed into orbit via the International Space Station.

Dreambound Orbital, a company that "launches blockchain experiments into orbit," is the result. Designed by Nanoracks, The Bishop Airlock is an addition to the International Space Station (ISS) infrastructure that enables commercial utilization of the ISS

Donald Trump Now Has an NFT Collection

Trump shared the Collect Trump Cards campaign through his official Truth Social account on Thursday. The post says that the digital trading cards which are minted on Polygon, an Ethereum sidechain network will sell for $99 apiece and enter buyers into sweepstakes to win certain perks.

Each card features an illustration of Trump, in some cases reimagined as a superhero, cowboy, or astronaut.

Apple Plans to Allow External iOS Apps in Potential Boon for Crypto, NFTs

Bloomberg reports that Apple plans to enable the installation of apps from external sources outside of its own App Store on iPhones and iPads, according to sources familiar with the plans. The changes are being made in response to the European Union’s Digital Markets Act, which requires tech companies to fully comply with restrictions by 2024.

According to the report, the rollout of support for external apps from third-party sources and marketplaces will initially begin only in Europe to comply with the new law. However, the functionality could be expanded to other territories depending on whether those countries adopt similar regulations.