🐭 Don’t Count Mickey Out

February 5, 2022

|In Weekend Recap

|By Osprey Team

Crypto-media reported this one, but missed the big story so we’ll tell it here.

Disney is advertising key positions for its Digital Experiences Strategy.

So it seems like they’re late to the NFT party and maybe they are. But it doesn’t matter. It’s Disney. They were late to the party with Disney+ and grew from 0 to 118 million subs in less than 3 years anyway.

Plus, they have a competitive advantage.

Disney is the greatest fantasy entertainment media company in history.

They are a natural for NFTs which are seeming more and more fun and like the gateway for crypto adoption.

Disney innovated everything animated. Their cartoon cels were NFTs 80 years before NFTs existed.

Here’s a one of a kind cel of Mickey as the sorcerer’s apprentice from Fantasia (1940). It sold for $25,000 in 2000 at Sotheby’s. It’s non-fungible.

Today, Disney owns three of the most successful movie franchises in the universe — Marvel, Star Wars, and Pixar. And with Disney+, they’re direct-to-consumer. They’ll probably just build their own marketplace or maybe their own wallet. Perhaps a wallet for kids — we’re speculating but just think about it.

A sleeping giant has awakened.

If you want to “lead Disney’s efforts in the NFT space including monitoring the evolving marketplace, setting category strategy, and managing key partners.” —— Shoot your shot.

And here’s a cool video about the history of animated cels.

🦄 A Unicorn Did It For The Memes

Dune Analytics raised $69,420,000 in its Series B bringing its valuation to $1B. It seems this Unicorn did it for the memes.

Dune is a freemium open-source analytics platform that lets users create their own charts with NFT trading volume data and data from decentralized exchanges.

The company will use the capital to build a community of >1M analysts, support additional blockchains, build an API and grow its team by 10x. That’s big.

Here’s a chart of daily NFT sales volume on OpenSea and LooksRare via @hildobby.

Here’s the Block with the full scoop.

🏛 Meanwhile in Washington…

Washington held hearings on stablecoins this week. It featured a lot of politicians talking.

Regulations are coming to crypto in the US across the board. What that will look like, nobody knows, but the matter will likely consume the news.

Until things take shape, we will witness a lot of posturing. It’s politics.

If you need to know the details see the 26-page paper here.

Read it, but don’t say we didn’t warn you… *yawn*

📺 Dorsey and Saylor @ Bitcoin for Corporations

MicroStrategy held its Bitcoin for Corporations event this week.

Jack Dorsey and Michael Saylor chatted about what Bitcoin means to the World, what Bitcoin means to Corporations and more.

This was an excellent discussion from two corporate leaders who are carrying the flag. We recommend it.

Check it out HERE.

And later sessions at the event include —

Bitcoin on the balance sheet | Building with Bitcoin | The Future of Bitcoin

✨ What’s New In NFTs?

NFTs continue to flow mainstream.

Coachella partnered with FTX to create a collection.

10 NFTs, dubbed Coachella Keys, opened for auction on Friday granting lifetime access to Coachella and “unique festival experiences for 2022.” The bid sits @ $26,000.

FTX and Coachella created additional NFTs redeemable for physical art. Here’s nft.coachella for more.

The NFL plans to airdrop NFTs to Super Bowl ticket holders to commemorate the championship game and created “Road to the Super Bowl” tokens for anyone to collect.

Here’s a sneak peak: