a blog about the NFT space
WoW, WoW, WoW
This past week was historic in the World of Women NFT project and community. Remarkable things happen at such a rapid pace in the current NFT world that using the word historic can feel parabolic, but it’s not so in this case.
By the way, nothing in this post is financial advice.
First, WoW announced that they decided to give full IP (intellectual property) rights to their holders. That means there’s not only no limit to what you can use your WoW image for commercially, it means you’ll receive 100% of the potential financial benefit from said use. Want to incorporate your WoW(s) into your new custom clothing line? Go for it. Now, one could make the argument that this doesn’t make financial sense for WoW, but I suspect we’ll see it play out positively over the long run for them, in terms of exposure and good karma. I may never use my WoW outside of my profile picture, Twitter banner, or a brief appearance in a video, but having IP rights gifted fully to me gives me even more good will toward WoW than I already had. I think yet again they are setting a high mark for how a project can give to their community and foster positive ideas of what it means to be part of an NFT project as a holder.
Arguably, the biggest public news that dropped next was the fact that Wow signed with veteran manager Guy Oseary. “The signing will see WoW explore opportunities in film, television, music, gaming and consumer products, among other categories, as well as licensing pacts,” reports Variety. Oseary reps the Bored Ape Yacht Club, as well as Madonna, U2, and Red Hot Chili Peppers. Big deal, anyone?
It was shortly after this news that we started to see the WoW floor finally make significant jumps. Floor simply refers to the price of the entry-point for buying an NFT on the secondary marketplace. As I mentioned last week, WoW hit a 4ETH floor before all this news, dipping back into the 3’s after sitting in the 2ETH range for many months. However, last week we saw an 8ETH floor that rose even higher at times. At the time of this writing, WoW is holding strong at a 7.85ETH floor on OpenSea. Farokh of Rug Radio even joined the project with quite an emotional tweet. It was sweet to see him and Yam tweeting back and forth about it.
Next, WoW officially landed in the cultural zeitgeist of America by getting a positive article in The Rolling Stone. We’re starting to hear more and more big names in the same sentence with World of Women!
My personal favorite moment with Wow from the past week was one of the Art Drops. WoW does monthly Art drops to holders that promote new crypto artists and sends free NFTs to holders based on attributes in their WoW. Even though I don’t own the right WoW to get airdropped this artist’s work, I was quite pleased to learn about Camila Nogueira. Camila is a Portuguese digital artist whose work is my favorite of all the WoW monthly Art Drops thus far. Check out Camila!
Those were the high points for me in World of Women land this past week, and I have to say it continues to be a joy and an inspiration to be in the #WowFam!
*@postVeronne hosted an NFT tax prep space on Thursday - if you did any buying, selling, or trading of NFTs in 2021, give it a listen, you will be glad you did. I think recorded spaces only stay up for 30 days.
*Best, most basic Book Games advice seems to be buy the floor and hodl
*Rug Radio officially launched - I’m not an owner, but it’s a well-respected project
*GaryVee brought AskGaryVee back with his trademark responses to people’s questions
*Get a Ledger if you don’t have one. Don’t lose your money and NFTs!
*A Duke professor issued NFTs to his students for completing his course
*Shaq says Gm as SHAQ.ETH!
*Not sure what he got, but Dez Bryant went shopping!