Flowty Newsletter: Edition 1

News on Flovatar's $DUST launch, NBA Con, Jolly Jokers' Jolly July, and more.

Jul 12, 2023

Welcome to the inaugural edition of the Flowty Newsletter! Thanks so much for signing up to our email list, and we're proud to bring you Edition 1 in a variety of formats. This email gives you a glimpse of everything the newsletter contains, but be sure to check it out IN FULL:

Via Interactive Viewing | Downloadable PDF | Audio Recording

In this issue, we're excited to bring you information on:

Flovatar and $DUST Launch
Emerald City
Own The Moment's Blitz Fantasy
Evaluate.xyz's Trading Tool Upgrade
Find Labs Explorer Tease
NBA Top Shot Geo-Gated Contest
UFC Strike Updates

...and plenty more. Thanks, as always, for being a Flowty user and newsletter subscriber! Your support and feedback helps us constantly improve and work towards a better user experience!

The TL;DR

Emerald City installed a leaderboard on the Toucans homepage for top investors, token holders, and voters.
The Flovatar $DUST DAO Board voted Yes at over 90% and the token was released.
Own The Moment’s Jolly July for Best Ball Blitz features 25 days of promos and giveaways.
Evaluate.xyz upgraded their swap tool to incorporate offline trading and chat.
During NBA Summer League in Las Vegas, NBA Top Shot had a booth at NBA Con and sold physical packs in a store.
Find Labs teased at an upcoming Flow Blockchain Explorer called FlowDiver.
NBA Commissioner Adam Silver joined Dapper Labs CEO Roham Gharegozlou for a Fireside Chat during NBA Con.
NBA Top Shot tested its first geo-gated pack drop, available to those who physically attended NBACon.
Concept Labs will be releasing a UFC Strike roster management mobile game in Q4 called UFC Strike: Fight Camp.
UFC Strike collectors were able to attend UFC 290 with access to the UFC Strike Champion Lounge.
Increment.fi now supports $DUST token.
Aera by OneFootball is set to shut down their marketplace. Collectors can buy/sell Aera on Flowty.

Flowty Updates

Considering this is the first edition of the newsletter, it’s probably appropriate to revisit more than just the past month… for any new readers or new visitors to Flowty, this is for you; for any avid Flowty users and Office Hours frequenters, this is either already second nature or will hopefully be a good reminder!

Over the last few weeks, the team has pushed out some impactful UI / UX updates, while significant feature work is ongoing behind the scenes. Users will see continued updates and adjustments to the Landing Page and to the browsing experience, including better display on mobile for Traits and Listings filter options, more visible “Refresh” options for either a collection or an NFT, a one-click option to open up an asset in a new tab, and more.

Stepping back a little further, primarily for the unapprised, our Save Filter Preset has come in handy for collectors during the various Top Shot Leaderboards snapshots. While we already boast a robust filter and search function, users can now save their search filters to a Custom View list, making it easier to return to previous searches with just one click. Considering we’re the only platform on Flow to support offers on NFL All Day, UFC Strike, La Liga, Jolly Jokers, Hoodlums, and more, Flowty is the ideal place for your browsing and dealhunting.

Recent Updates:

Right-Click NFT Cards: Users can now open an asset in a new tab without having to first view the NFT card popup modal.

Offer Improvements: Improvements to the offering and accepting process, including the ability to make offers on unlisted NFTs.

Enable Collection: We’ve added an Enable Collection button on Collection pages to ensure your wallet is configured correctly.

For more information on recent updates, check out the full newsletter.

Around the Blockchain

Headlines in the Flow Ecosystem

Each week, we bring you a curated selection of recent developments and noteworthy events surrounding the Flow blockchain and its ecosystem. From NFT drops to events, blockchain news, feature updates, project launches, and more. Don’t miss a beat and just go with the Flow.

NBA Commissioner Adam Silver joined Dapper Labs CEO Roham Gharegozlou for a Fireside Chat during NBA Con, noting a desire for increased NBA growth and acknowledging “the way to truly scale is through digital products.”

The Flow Blockchain Developer Tool Kit launched from Dev_Suite (@Dev_suite) to help prospective builders understand Cadence, contract deployment, and more. It includes a Flow Playground where users can write, deploy, and test code without a local setup.

Aera by OneFootball notified their community that the Aera marketplace would be shut down by the end of July and all Serie A Moments activity be halted, including challenges and competitions held in Discord. The collectibles will remain in users wallets and can be purchased or sold on Flowty on the Aera collection page.

Flow Blockchain Hackathon submissions are coming to a close soon (on July 15th), with entry tracks for Gaming, AI, Mobile, DeFi, Tooling and Infrastructure, and Everything Else. $500K in prizes are up for grabs, with more information at flow.com/hackathon.

The Blurbs

We’re keeping a close eye on these updates, projects, and news items.

Flovatar Launches DUST 0.00%↑

Flovatar community and holders rejoiced, as the $DUST DAO Board voted Yes at over 90%, and $DUST was officially launched. Holders were able to start claiming $DUST on July 10, with daily $DUST earnings based on rarity: a Common Flovatar earns 2.74 $DUST daily, while a Legendary earns a minimum of 17.98 $DUST daily.
Flovatar owners can claim $DUST daily in their Collection page, with a dedicated area for current $DUST balance, daily claim, current airdrops, and $DUST transactions. In the first hour after launch, over 35,000 tokens had been burned as part of holder upgrades, including the Psyche Likee NFT minting.
Aside from daily earnings, other $DUST utilities include upgrading Flobits, giving a unique name and bio to a user’s Flovatar, downloading a printable 3D model of a user’s Flovatar, and more. With 500 million in total minted, $DUST will soon be tradeable on Increment.Fi and is already a supported currency on Toucans.

Flipside Crypto’s On-Chain Analytics

Flipside Crypto revolutionizes the blockchain landscape by sharing and enabling on-demand analytics, driving ecosystem growth, and improving user retention. Using advanced analytics, their team evaluates on-chain activities, uncovers market trends, and empowers users with actionable insights specific to the intricate world of the Flow Blockchain.

Evaluate.xyz’s Trading Tool Gets Major Upgrades

Evaluate.xyz rolled out a trading tool upgrade that includes the ability to message and to trade offline, plus an improved mobile experience, making it even easier to contact other collectors and swap NFTs on Flow. Evaluate has one of the most trusted swap tools in the Flow ecosystem, with over 70,000 NFTs being exchanged on their platform since its introduction last year.

Jolly Joly for OTM’s Best Ball Fantasy Football

Blitz Best Ball is Own The Moment’s innovative pack-style fantasy football game, designed by Best Ball champion, Justin Herzig. Blitz gives fantasy football fans a way to compete in best ball without the need for an hour-long draft. It is as easy as opening up your pack, setting your lineup, and watching your team climb the leaderboard!
July packs can be purchased now for 99 GOLD, the equivalent of $9.90. GOLD can be used to compete in a variety of contests within the OTM ecosystem. It’s a fun, simple way to play fantasy football, and 100% of GOLD from pack purchases go into the prize pool.
Additionally, be sure to follow OTM on Twitter and join their Discord, where they will be announcing a giveaway every single day in July, and join OTM and guests for their Christmas in July livestream on Tuesday July 25th.

For more collection and project updates, check out the full newsletter.

This Week’s Features

Collector’s Journey: Some Brains and Braun

Ben Kukainis, Flowty.io

This past June, I made a poor trading decision. Or did I?

The jury remains out, but this recent time frame surrounding a Christian Braun moment has served as a perfect microcosm of what it’s like to collect NBA Top Shot.

A quick note: this is not a cautionary tale, nor is it a boastful anecdote; it’s simply the reality we live in as Top Shot collectors.

As the NBA Finals concluded and we all awaited the details on the NBA Finals Legendary Pack Drop, I was resigned to watch from the sidelines, having just completed both Rookie Revelation challenges and a bit thin in the wallet pocket. We know how well that goes though, right? Artwork gets released, pack moments make their rounds on social, FOMO sets in, and before you know it, you’ve sold your Jabari Smith reward for $888 and pulled a nice Jamal Murray in the NBA Finals Drop. If collecting has taught us anything, it’s to take gains when available; but if NBA Top Shot has taught us anything, it’s that anyone’s guess on pricing and the market is as good as the next guess.

So there I sat, sans Jabari Smith Jr Rookie Revelation, but in the green and in possession of what I believed to be the most valuable moment from the NBA Finals Pack Drop. I was fully ready to sell the Jamal Murray and debate on either withdrawing profits or trying to buy back my JSJ, but then I took a closer look at the Christian Braun NBA Finals Legendary moment. As a collector of rookies, a Legendary moment with two rookie badges and a championship badge is hard to come by. In fact, this Braun is the only one!... No rookie moments from the 2021 or 2022 NBA Finals drops, and both the Tyler Herro and Kendrick Nunn 2020 NBA Finals moments obviously don’t have a championship badge. So yes, this Christian Braun Legendary moment really is one of a kind... of 75.

I sold the Murray, picked up the Braun with a low offer, and was very pleased to still be up a few hundred dollars AND in possession with an epic rookie moment. Until again, there was a chance to take gains. And here is where my decisions became a bit impulsive, leaving me second-guessing even weeks later.

The Braun moment was on the rise as the Nikola Jokic challenge timer slowly ticked down. Like many a collector, I believed that most of the moments would come back down a bit after the challenge ended, so I was happy to make a $200 profit on it and sell it to a Denver collector completing the challenge.

Challenge ends. No Braun price drop. A day goes by. Still no price drop. Another day. An increase?! In what should be seen as a positive sign, this tightly minted set was being fairly diamond-handed, with very few for sale across the board and making my buyback wishes a bit more difficult. At long last, my impatience and impulsivity got the best of me, and I re-bought the moment for $150 higher than when I sold. I was still in the green, a bit sour having negated a recent profit, but happy to have secured the Braun. The floor price was now above $3000, calming my nerves a bit knowing I didn’t miss the boat. The problem, however, was that the Jabari Smith Jr Rookie Revelation floor was now $2000, more than double what I sold it for.

Here’s where this could possibly turn into a bit of self-sponsored content, but I assure you it is mere explanation. I wanted my Jabari Smith Jr back... Rookie Revelation was going to be the first Legendary set I ever completed, even if it took another year entirely. But I’ve already outlined the allure of the Braun moment. Rookie badges. Championship badge. Stunning cinematics. The JSJ, though? Draft footage and part of a set I so desire to complete. And there’s only one way to get liquidity from your NFTs without having to sell: NFT-Backed Loans.

As the only member of my family NOT to enter the economics or finance world professionally, it was initially difficult to grasp the full picture and benefits of NFT-Backed Loans. What if I can’t repay? How much interest should I assign to find a Lender? I’m not getting into any recommendations or the loan process itself, but instead will simply advocate for the purchasing power that NFT-Backed Loans can provide.

The good news? A lender funded my loan listing. The bad news? That Jabari Smith Jr was holding steady around $2000 and the buyer of my original JSJ was intent on holding (rightfully so!). I weighed my options. There were several other high end moments that have been bookmarked for quite some time, so with the new funds from my Braun loan, I sent out several offers on moments such as Anthony Edwards S2 Holo, Tyler Herro S1 Lace Em Up, RJ Barrett S1 Holo, Bennedict Mathurin Rookie Revelation, S3 Josh Giddey Holo.

Unfortunately, no biters. Perhaps that’s a sign of some strong holders, but either way, I instead directed my funds to some other desirable rookie moments, including an Anthony Edwards S2 MGLE, a Lu Dort S1 MGLE, a Jabari Smith Jr S4 MGLE... you get the point: I offered and snagged several rookie golds.

As it stands, I’m slowly flipping or simply depositing balance in increments to go towards repaying my loan for the Christian Braun. The idea not to repay and instead forfeit the moment to the Lender just isn’t a reality for me. Thus, the great end result to this whole narrative is that the Braun--which still only has 2 or 3 available for purchase--will be back in my collection alongside some other golden rookie moments...but it remains to be seen when I’ll manage to get back the Jabari Smith Jr.

Inconsequential perhaps in the grand scheme, but this series of events surrounding a single moment reminded me that even experienced collectors can overthink a set of options. With digital collectibles, we have at our grasp instant gratification: all options laid out neatly on a screen requiring just one or two clicks. Had it taken more than just a few clicks over the course of just minutes to sell a moment in order to purchase a pack, maybe I’m sitting here still with a Jabari Smith Jr. Rookie Revelation. Then again, it only takes a few clicks to get it back.

Flowty Tips

You can list the same moment on Top Shot and Flowty at the same time - listing on both brings more eyeballs and potential buyers.
You can buy & sell on Flowty using Dapper Balance.
Check out the “Marketplace Filters” blog post for a WNBA-Only Custom View filter here on Flowty.
For sets with the same name (Rookie Debut, Metallic Gold), remember to specify the Series number in the filter menu.
Filter out Trade Ticket listings by setting a minimum Buy Now of $1 or $2.

Thanks for reading this week's Flowty Newsletter! It's our goal to provide the most accurate, up-to-date, and relevant information across the blockchain, not just on our website, Flowty.io. We always welcome valuable insight and contributions from the community. To inquire about advertisements, guest content, and topic or news requests, please email newsletter.admin@flowty.io. Before you go, be sure to claim your FLOAT NFT for Edition 1!

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Financial Disclosure:

The content in this edition of Flowty Newsletter--including guest articles, highlights, updates, and sponsored content--is not to be construed as financial advice. Please use caution and oeprate within a budget that suits you when transacting on Flowty.io or anywhere else on the Flow blockchain, including purchasing, offering, renting, and loaning or borrowing. Flowty.io does not provide financial advice or recommendations.