💧 OpenSea rolls out the next part of its Drops program

💧 OpenSea rolls out the next part of its Drops program 🖕 Mastercard NFT lead quits in epic fashion 🤖 Zuckerberg loses $13.7 Billion on Metaverse with more losses expected in 2023

Good morning, vEmpions!

It's time to get your day started off right - with an opportunity to get some gains! Our $ETH Staking Pool is offering a double yield of 13% APR in addition to the 4% $VEMP APR. That's right - a 17% total!

If you have some unstaked $ETH, it's definitely worth considering. Stake one of crypto's greatest tokens on our platform and start earning sustainable yields 💰 Stake now 👉 https://link.vemp.xyz/

💧 OpenSea rolls out the next part of its Drops program 🖕 Mastercard NFT lead quits in epic fashion 🤖 Zuckerberg loses $13.7 Billion on Metaverse with more losses expected in 2023

OpenSea rolls out the next part of its Drops program

OpenSea has released the next phase of its 'Drops' feature to make it easier for creators to launch their collections with the help of OpenSea. OpenSea said on twitter that this first version of Drops provides an immersive experience for those that launch their collections on the platform.

OpenSea also mentioned that it worked closely with 20 teams to build a high-quality Drops experience that features multi-stage minting phases, allowlist support and rich storytelling elements. According to them, this will enable creators to easily create digital assets and allow users to interact with them in an engaging way.

The next step of the Drops roll-out will give creators tools to manage their minting experience, including deploying smart contracts across supported EVM chains, configuring drop mechanics, personalizing landing pages and more other useful stuff.

Mastercard NFT lead quits in epic fashion

Mastercard's NFT lead quit after minting his resignation as an NFT. Satvik Sethi certainly made sure his resignation was heard. After two years of working in Mastercard's NFT product lead position, Sethi left the company citing harassment, emotional distress and other poor working conditions in a multipart Twitter thread.

But he didn't just settle for a simple black-and-white letter. Instead, Sethi minted his resignation letter as an NFT on Manifold and donated all proceeds from its sale to "survival" causes.

The NFT now costs 0.023 ETH to mint ($39). Sixteen of the NFTs have been minted so far, netting Sethi an estimated $624. Well, if you're going to quit, why not go out with a bang? Sethi certainly made sure his resignation was noticed.

Zuckerberg loses $13.7 Billion on Metaverse with more losses expected in 2023

Zucc's metaverse efforts have certainly been a costly endeavor. After spending billions of investor money in 2021 to transition the company from Facebook to Meta, investors were left scratching their heads as Metaverse adoption seemed to slow down in the following year.

What was once seen as a promising investment opportunity suddenly seemed like an expensive gamble and Meta's investors were not too happy about it. To make matters worse, the company ended up losing $13.7 billion of their hard earned money in 2022 due to their metaverse pursuits, according to their earnings release.

It's enough to make you wonder what Zucc was thinking when he invested so heavily in the metaverse, especially considering market conditions at the time. As for whether his gamble will pay off in the long run, only time will tell. However, with Meta's CFO Susan Li predicting more losses to come in 2023, it looks like investors should brace themselves for more bad news in the near future. Metaverse might be a pipe dream after all.