💰 PUBG investing millions in the metaverse

Gm this is the doodhwala, the John Wick of crypto newsletters. 🔥

Super-thrilling and completely action-packed. 😎

And don't forget to stay the hell away from our dog! 🤨

Here’s the action for today:

• 🔫 PUBG metaverse coming soon?

• ☕️ Starbucks’ Back With a BANG

• 🤷‍♂️ Where them NFT bros at?

• 🛠 Insure Your Crypto

• 🍼 Crypto’s Credit Score

Who's a GOOD BOY?!? 👀

🔫 PUBG metaverse coming soon?

PUBG.

It's that mobile game that your 12-year-old cousin is waay better than you at.

Well, you know what Amit? I'll SMASH you in FIFA, Call of Duty, or Grand Tourismo. You know the real games!!

...I need to calm down. 😮‍💨

Okay, back to PUBG.

The company behind PUBG is all set to create a new metaverse.

Except, this metaverse is not to jump off a plane, and parachute down to a battlefield just to shoot down some weirdo in a panda costume.

Don't believe me? Then explain this 👇

The metaverse is a joint venture between:

• Krafton Inc.: Makers of PUBG

• Naver Z: Makers of Zepeto, a social gaming company

And they're calling the metaverse – Migaloo. 🤣

I haven't heard of a worse name since Apple's social media/music network called Ping. That's right – P I N G. I guess even Steve Jobs misses sometimes 🥲

The Migaloo metaverse will is not made for gamers (only) ❎ 

The Migaloo metaverse will be for creators ✅ 

It's a concept called – Create To Earn (C2E)

This works the same way as P2E games, but instead of playing in-game characters and earning cryptos, gamers create their own characters. 😲

Migaloo is taking this one step further. 

From Games → To The Metaverse. 🤯

Migaloo's C2E is kind of a plug-and-play metaverse where creators can build their own metaverse, and even create commodities in this metaverse through NFTs.

And all of this will run on a blockchain. ⛓️

Neither Krafton nor Naver Z said which blockchain they'd use.

But in March 2022, Krafton partnered with Solana Labs to build blockchain games. That was before projects started leaving Solana like Indians after their engineering degrees. 🤣 

Krafton 🤝 Naver Z have already invested – 48 billion – to build out Migaloo.

wait, what?!?

48 BILLION?!?!

Oh wait, that's 48 billion Korean won or $36 million USD (or 1.3k BTC or 19k ETH). 😅

Doodhwala's take:

Cool metaverse + creator idea.

With PUBG's maker behind it, a buncha gamers will jump into Migaloo. Let's hope they come up with a better name tho. 🙏

Now lemme go practice PUBG to kick Amit's butt. 😡

💰 Fix Your Finances With Mesha

Crypto companies are not real companies. But in order for them to work like real companies, they need to get one thing right.

One word. Eight letters. A complete nightmare. 😬

Finances.

Whether you run a decentralized finance protocol or a decentralized community of NFT collectors, you need to get your financial operations in check.

Our friends at mesha.club can help you.

They’re an all-in-one financial platform for Web3 companies.

Use mesha to:

• get corporate cards

• convert crypto → fiat

• manage your treasury

• link your multi-sig wallets

If there’s one thing you shouldn’t 😴 sleep on 😴 when building your web3 business is – Finances.

So, why wait?

Book a FREE demo call with mesha and scale your financial operations.

☕️ Starbucks’ Back With a BANG

Starbucks.

It's the coffee shop where you can't tell if people are working or just pretending to. 😅

But lately, everyone’s going there for just ONE reason!

The coffee chain, with overpriced and bad coffee launched the Starbucks Odyssey NFT program in December 2022 on the Polygon blockchain.

Since then they've launched – "The Siren Collection," its first limited-edition NFTs.

The demand for these 2,000 Stamps priced at $100 was so high that it crashed parts of the Starbucks Odyssey website. 😱

But like a barista perfecting their latte art, Starbucks has learned from its mistakes.

And now they’re back with drop #2.

Starbucks Odyssey's second NFT drop → The First Store Collection! 🎉

Check it 👇

This second NFT drop features 5,000 Stamps priced at $99 (that's 99 dollars not ETH lol)

To avoid crashing the website [again], the sale was limited to Odyssey members who:

1️⃣ Earned at least 2 unique Journeys Stamps

2️⃣ Had the Stamps in their wallet at the time of the pre-sale

3️⃣ Could only buy one NFT (unlike the two per customer in the original sale)

Despite a few hiccups (Discord chat wait times had us all sweating 💦) the pre-sale and general sale went smoother than a whipped cream dollop. 👍

The First Store Collection Art Reveal 🎨

Those who snagged a "First Store" Stamp saw their NFTs' artwork on April 20.

It featured a modern twist on the historic 1912 Pike Place, the location of the first Starbucks store in Seattle. 🏠

The secondary floor price of The Siren Collection NFTs is sitting at → $460 on the NFT marketplace Nifty Gateway.

The trading volume for these bad boys? Over $500k 🤯

Starbucks Odyssey Reward Tiers 🎁

As members collect points from completing Journeys and buying stamps, they can reach different reward tiers:

1️⃣ Level 1 (1,000-2,999 points): Virtual coffee class, Starbucks coffee passport, or a charitable donation.

2️⃣ Level 2 (3,000-5,999 points): Naming a coffee tree, attend a virtual tasting with a bag of coffee, or get a Starbucks cold cup

3️⃣ Level 3 (6,000+ points): Customized coffee traveling mug, 30 days of free drinks, or an experience at a Starbucks Reserve store

Doodhwala’s take:

Starbucks Odyssey NFTs are brewing excitement like a fresh glass of doodh (cuz we only drink doodh, with a teeny-tiny bit of caffeine). 🥛

With a smoother second serving of NFTs, we're all curious to see what Starbucks has brewing next. Just don't forget to save some room for the better coffee at Third Wave. 😉

📈 Chaach and Charts: Where them NFT bros at?

NFT marketplaces' active wallets are declining faster than Chelsea's chances of finishing in the top-10. 😭

🗣️ Alexa: Play Down by Jay Sean

These NFT marketplaces:

• Blur

• X2Y2

• OpenSea

• Looksrare

• Cryptopunks native marketplace

...are seeing a massive decline in the number of active wallets since last month.

Active wallets in:

🗓️ March → 40,000

🗓️ April → 28,000

Even the top-2 marketplaces – OpenSea and Blur – saw reduced wallet activity.

The reasons for this could be – retail traders leaving, while whale wallets remain, traders moving to Bitcoin Ordinals, or traders moving their money to ETH because of the price rise.

We gots no clue. 🤷‍♂️

Do you? Let us know why you think active wallets are 📉 on NFT marketplaces. 

🛠 Resourcewala: Insure Your Crypto 🚀

Insurance? More like IN-SURE-ance, am I right? 😏

DeFi's still got this hidden gem, waiting to explode! 💥

With institutional capital coming in, insurance is about to become DeFi's guardian. 🕶️

Today's killer resource is all about:

• Why insurance in DeFi is undervalued 💎

• The incoming institutional capital wave 🌊

• DeFi insurance market landscape 🏞️

Get ready to dive into the world of DeFi insurance and discover its potential! 🚀

🍼 Doodhshots: Crypto’s Credit Score

• 🐦 Twit-Twist: Jack Dorsey's decentralized Twitter rival, Bluesky, spreads its wings with an Android app launch. Watch out, Twitter, there's a new bird in town!

• 🌎 Coinbase Conquers: With a fresh Bermuda license in hand, Coinbase gears up for global expansion. Aiming for world domination, are we?

• 🌉 DeFi Dreamin': DeFi-focused Layer 1 Berachain bags a cool $42M in Series A funding, reaching a smokin' $420.69M valuation. DeFi dreams just got higher!

• 🇪🇺 Euro Rules: EU Parliament gives the green light for crypto licensing and funds transfer regulations. Crypto's European vacation just got more legit!

• 🔢 Crypto Credit Check: Credit agency giant TransUnion jumps into the crypto game, delivering credit scores for crypto lending. Lend me some crypto, will ya?

🤣 Milky Meme Of The Day

💰 Don’t be dumb, be crypto smart

Look we dunno how to invest in crypto. 🤷‍♂️

So what we do is buy everything in one shot, through something called Coin Sets.

Tf are Coin Sets?

If you want more doodh then, be sure to follow our Twitter, our LinkedIn, and our Instagram.

That’s all for today folks! See ya tomorrow! 

Yo! Our legal and financial advisors (aka our good ol’ conscience) have asked us to add this boring disclaimer.None of what you read here is financial advice. We aren’t here to get you to buy or sell a crypto. We’re only here to tell you what’s up in crypto today and make you laugh. So, if you screwed up on a trade, that’s on you G. Stay safe in the markets.