OnlyFans Creators Venture to Friend.tech 🗝️

GM. This is Degen Scoop. It’s Monday, here’s the scoop:

• OnlyFans Creators Venture to Friend.tech 🗝️

• Doodles and Crocs Announce Shoe Collab 👟

• PEPE Rugs 🏃

• Whale Moves 🐋

• Threads You CAN’T Miss 🧵

The OnlyFans Creators Have Bridged to Friend.tech With New Photo Feature

OnlyFans has made waves since its inception allowing for adult workers to have better control over their income. Users are able to subscribe to various creators and engage with them depending on what they pay for. Friend.tech has proven to be a novel revenue stream for these performers and they are taking advantage of this new gated model for the most die-hard of their fans.

There have been plenty of critiques of friend.tech since launch, but bemoaning actual adoption gets us nowhere. The OnlyFans girls are onboarding their hordes of simps and showing them the world of blockchain as well as other things that would make their parents proud. The point of the matter is this: if you want real world adoption, it looks like this. Friend.tech is not perfect, but it has managed to onboard more people than virtually any other app in this bear market.

Doodles and Crocs Partner Up For Exclusive Shoe Collaboration

Crocs are the newest Web2 company to partner with a Web3 entity for a shoe collab, following in the footsteps of Adidas who has collaborated with Fewocious and BAPE. There’s clearly a demand for these releases, so it’s not surprising that companies are taking notice of this realm in which they increase their profit line for shareholders.

The launch is set for August 29th on the Doodles website; the price is discounted to $99 for Doodles holders and $120 for everyone else. Buyers will also receive a digital collectible with every shoe purchase that includes two wearables alongside a beta pass to Doodles Studio.

PEPE Gets Rugged By Team Wallet

On Friday morning, $PEPE took a ~20% hit after millions from the team wallet got moved to exchanges. The accepted story right now is that former members took funds from the team wallet and handed control of the project to the final remaining member.

The story is developing and there is still not a firm answer to what occurred. A couple months ago, $PEPE saw a metoric rise all the way to $1.7B market cap after being created weeks earlier. This would have been the best find of the entire bear market had you purchased early on and sold anywhere near its peak.

Notable NFT Sales Over the Weekend:

Notable Threads You May Have Missed:

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Conclusion

Touch grass, hit the gym, and don’t forget about what’s really important outside of magical internet coins.

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DISCLAIMER: This newsletter does not constitute financial advice. This is strictly educational and should not be used to make any financial decisions. Be responsible and do proper due diligence before aping.