The Weekly Hop is a newsletter written by Pathfinders. Click here to learn more about Pathfinders and our role in the decentralization of RabbitHole.
If you’re reading this newsletter, I think it’s safe to assume that you’re familiar with crypto twitter. And if that’s the case, then I’m sure your newsfeed over the last week has been consumed by Loot–Dom Hofmann’s latest attempt to “promote the creation of blockchain-based art and communities to surround them.”
The first iteration of Loot, Loot (for Adventurers), featured 8,000 NFT Loot bags that each contained a list of eight different adventure items as text. Yep, you heard that right. It’s just a black background with eight lines of white text.
So, what’s all the hype? How did this spontaneous NFT project manage to attract $46 million in sales and a total market cap of >$180 million in just five days?
Well, to be honest, it’s too early to tell. While some people believe that Loot is the latest sign of an unsustainable NFT bubble, others view it as a stepping stone to achieving an open-source fantasy Metaverse (shameless plug for last week’s newsletter on the Metaverse here).
Regardless of where you stand on Loot, the frenzy surrounding the project’s August 28th drop has been overwhelming–to say the least. To clear up some confusion, we’ve provided a Pathfinder-curated list of must-read content on the project.
As Loot founder Dom Hofmann said, “At the end of the day, these are just items on a list,” [...] It’s just what people do with it and how they ascribe value to it.” To be determined…
Tweet us @pathfinders_gg if you come across any interesting articles related to Loot that you think would be helpful for others, or that you’d just like to share!
This introduction to Loot was written by @anay_sim.
The Pathfinder squad is growing, and we couldn’t be more excited to introduce Artisans to the team this week. Artisans are designing and creating the NFTs behind each RabbitHole Quest, and perhaps... a super-secret, never before seen, exclusive upcoming RabbitHole project!? In a digitally native world, Artisans are crucial to building culture. They will be joining the Pioneers on the weekly Wandering Wednesday calls and are sure to be an integral part in the formation of RabbitHole’s DAO.
Along with new friends, we’re also brainstorming new bounty ideas driven by Pathfinders themselves, rather than just the core RabbitHole team. In the past week, there have been many bounty ideas tossed around and strategy conversations that have taken place. We can’t wait to unveil these bounties and new guides to you soon.
We have just one guide to share with you this week, but it’s not one you’ll want to miss:
Remember that almost every guide is a future quest or task on RabbitHole so keep your eyes peeled for more coming soon!
Pathfinder Update and compilation of this week’s Pathfinder Guides written by @JonahBaer.
This bunny just got it’s aGold airdrop