Rug Radio Recap - June 4, 2023

gm fam! It was quite an interesting week with a mixture of an elaborate, surprise rug pull and stories that show there are still people and companies building despite market conditions. From our tech that Gman is building to our creators to the meetings Farokh and Loxley are having in Europe right now, just know that we’re building for the next 10+ years.

We’re also back with our latest episode of Under The Hood where we recap VeeCon, and I’ll just say this was the most fun I’ve ever had at a conference!

Here's what we've got in this week's recap...

• Rug Radio Updates

• Fewocious announced the details for Fewos

• Doodles partners with CAMP

• Hong Kong opens crypto exchange licensing

• Nike 🤝 EA Sports

UNDER THE HOOD, VEECON 2023

VeeCon was without a doubt one of the best conferences we’ve been a part of, and we’re recapping it all in our latest edition of “Under the Hood.”

Behind the Scenes with TG

One of our newest creators, Threadguy, is known as one the most high energy, entertaining creators in the space. During VeeCon, we also went behind the scenes with him to show just what it takes to host one of the most highly anticipated conversations.

STUBS Claim

Did you claim your Stubs Mint Passes or are you holding onto a few?

This week’s featured artist is Camila Nogueira, who created Rug.Fm, a tribute to Rug Radio! Camila has been a long time member of the community, and creates art that reinterprets places with a magical vibe, as well as surreal worlds that she would love to live in.

• Need more mint passes? Grab a couple on Opensea

• Ready to claim? The supply on this piece was limited to 69 pieces which sold out within minutes, but the piece is available on OpenSea.

• Not familiar with Stubs? Check out our guide

Sui Blockchain signed a multiyear deal with F1’s Red Bull Racing as their blockchain partner for a series of digital experiences.

Getty Images announced the release of their second NFT Collection, City Diaries, in collaboration with Candy Digital.

Bybit, a centralized exchange headquartered in Dubai, announced that they’re exiting Canada due to the regulatory environment.

The European Union officially signed it’s MiCA regulation into law as one of the first jurisdictions to establish rules for the crypto sector.

Context

• NFTs saw a slight uptick in volume, primarily led by Bored Ape Yacht Club and Mutant Ape Yacht Club after being added to Blur’s BLEND product on May 15th.

• Crypto had another volatile week, but ended the week with modest gains as a result of the US debt ceiling deal being reached, as well as employment reports showing higher unemployment and slowing wage growth.

• In the week ahead, there isn’t too much major economic data so we might enter a lull period before we get both CPI and the outcome of the FOMC meeting next week.