$1.6 billion
The “unicorn” valuation of Magic Eden — the largest Solana-based NFT marketplace — after this week’s $130 million Series B funding round. Meanwhile, industry leader OpenSea, which just enabled Solana NFTs in April, has a valuation of $13.3 billion after a $300 million fundraise in January. (Solana is a popular alternative to ETH, thanks largely to speedy transactions and low fees.)
15,000
The number of people descending on New York City this week to attend NFT.NYC, the largest annual NFT conference. With triple the attendance from last year, this year’s fest will include everything from the premiere of Coinbase’s Bored Apes film to panels on wearable NFT fashion and the second annual NFT Awards, not to mention plenty of late-night after-parties from collectives like World of Women, Friends with Benefits, and The Heart Project.
$1,900
The current retail price of a Tag Heuer Connected Calibre E4 smartwatch, which comes with the ability to display your favorite NFT on the watch face along with proof of ownership. The luxury watchmaker recently started accepting more than a dozen cryptocurrencies as payment in the U.S., and its CEO, Frédéric Arnault, is the proud owner of a Bored Ape NFT, which serves as his Twitter profile picture. And perhaps his watch face, too.
Web5!?
The “extra decentralized” version of the internet that Block (formerly Square) CEO Jack Dorsey saida special division of his company called TBD is developing. Web5 would use Bitcoin’s blockchain to give people full control over their online identity and data — and eliminate the need for different accounts for separate apps. While some wondered why Dorsey skipped web4, crypto enthusiast Snoop Dogg tweeted, “Working on Web6 … U can smell it.”
Moneyish 