In this issue:

• This Week in Neo Tokyo: New Leads, New Momentum (by PhoenixxDown)

• A Monumental Sale (by Flower83)

• The Architect’s Radiant Embrace (by Crasher)

• NT Builds: Updates from Citizen Project Founders (by BadFuture)

The wait is finally over! The new appointments for the Neo Tokyo Community Leads team was announced this past week, and what a roster of powerhouses we have at the helm leading us into this bright new era!

A hearty congratulations to fauve, who was selected to fill the one remaining seat on the Leads team. Fauve has actively contributed to various NT initiatives since our digital journey commenced in this fair city, and has won the hearts and minds of citizens with his thoughtful contributions throughout his tenure.

The newly formed Council, who will act as support for the Leads, saw the additions of BenGothard, Crasher, Photoshopped_AF, LeBoomington, block_editor, BlockChainMeta.gg, Ben Swap Fish, Seize, butwouldya, and Metro. Again, a warm congratulations to all of those who made the cut!

However, to those who didn’t, Firestorm implores everyone to “stay engaged and re-apply next quarter as Citizens step down and the team changes. Spots will regularly open up.”

Becker dropped a huge announcement on Wednesday, informing that NT and CitCap have now come to terms on how future investments will run. While the finer details have not yet been released, Becker reiterated the overall vision:

“Our primary goal is to be the #1 place to access these oppurtunities riding into the bull so that citizens and citcap absolutely slay. We are working on other infastructure and applications as well behind the scenes to add immense value to holding/staking bytes for anyone looking to be deeply involved in the gaming crypto space.”

On that very subject, CitCap announced on Sunday their very first collaborative investment opportunity effort with Becker and Ellio: Dr. Disrespect’s Midnight Society! For all the details, check out the announcement here.

Finally, don’t forget that our 15th Community Town Hall will take place Monday, 28 August at 16:00 EST. If you have questions, make sure you take your opportunity to have them heard by filling out the Questions/Suggestions Google form here.

Then, immediately after the Town Hall, join us for another edition of NFT Market Monday. This week, we’ll be joined by the CFO of Enjin.

Now that Azuki has extracted the last remnants of liquidity from the space, and DeGods botched their S3, coupled with most blur token airdrop farmers deciding that the party is now over, it is becoming abundantly clear that the road ahead is bumpy for the NFT space. It isn't looking great out there for PFP NFTs especially. Some are actually at their all-time-lows and the sentiment on my X (formerly Twitter) timeline has been pretty depressing lately.

Thus, the remaining market participants are shifting their focus back to our roots; back to what NFTs used to be all about in the early days. This dynamic has been observed in the past where there is less gambling on animal pictures going on and real art gets the spotlight instead.

This week was no exception where we saw one of the most expensive sales in all of 2023. An art piece created by Sam Spratt, titled “IX - The Monument Game,” sold for a monumental (and meme-worthy price of 420.69 ETH.) 

It was bought by 1OF1 Art, who were the highest bidders on Niftygiveaway. On this website, you can zoom into the picture and explore it in detail.

If you want to know more about this, and the work done behind the scenes (and have an hour to spare,) check out this interview on Youtube.

In the ever-pulsating heart of Neo Tokyo, standing tall against the encroaching shadows, the Architect emerges. With eyes gleaming like twin suns and a voice that sounds like melodies from celestial realms, he proclaims, "Forge your destiny; let your aspirations soar in the boundless cyberspace."

Swayed by the promise of a golden horizon, many citizens gravitate towards the Architect’s radiant embrace. Driven by dreams of grandeur and the allure of endless horizons, these Luminaries believe that every digital endeavor can echo with the beauty of the heavens.

As Neo Tokyo bathes in this divine brilliance, a question persists: Is the Architect's realm truly the sanctuary for eternal prosperity, or does it mask a brilliance too intense to comprehend?

Greetings and welcome to #NTBuilds, where we showcase some of the remarkable accomplishments of the Neo Tokyo Citizen project founders and the exciting initiatives emerging from The Citadel.

Fableborne's $5.5M Funding Boost Ignites Anticipation for Primordials Tournament

With a successful $5.5 million funding infusion, Fableborne's future shines brightly. The F2P mobile ARPG x Base-Builder unveils the grand Primordials Tournament, exclusively minted on Magic Eden's Polygon. Enhanced rewards and player-driven enhancements mark this event, slated from August 30th to September 2nd.

Explore the "Fableborne Primordials" collection, which boasts unique magical creatures with distinct traits. The Pixion League Tournament promises discounts and unparalleled rewards. Stay engaged with thrilling gameplay updates and an immersive participation guide.

Seven Oceans Group: Building a Web3 Community Hub

Seven Oceans evolves into a hub for NFT communities, projects, and tools, offering exposure and limited tool access. Their innovative AI bot, "The Admiral," scours social platforms to deliver concise summaries of community info, markets, news, and more.

The new beta "Channel Summarizer" refines this service, making market analysis, news aggregation, and staying current across Web3 communities effortless.

The Kingdom Unveils Launch Date and Innovative Social RPG Gaming

Exciting news for gamers! The Kingdom, a groundbreaking gaming platform and community, is set to launch in October. Designed as a Social RPG, it transforms how players engage with Web3 Gaming.

Through gamified RPG themes, users can enhance their gaming experience and unlock rewards. A customizable Avatar creation adds to the unique appeal, promising an immersive journey for RPG, D&D, and fantasy enthusiasts.

NGMI Lab Unveils Revamped Offerings for Retail Investors

NGMI Lab is making strides to cater to its core retail investor audience. Backed by top-tier research, the platform announces exciting updates, including revamped pricing with a 50% discount summer deal. Gold membership is now at $35/month, and Silver at $21/month, with a 2-month free bonus for annual subscriptions.

A 7-day free trial and a comprehensive Crypto Mastery Checklist + Tool are also available. The launch of the new Silver Report Template further enhances NGMI Lab's offerings.

Birthmark Unveils SatoMasks Collection Launch on MagicEden

Citizen stalwart, Jeff Treves, announces the upcoming debut of his Ordinals collection, SatoMasks, set to launch on MagicEden on September 14th. SatoMasks, the final free-to-mint offering from Jeff's Birthmark Tattoo project, comprises a limited supply of 128 unique pieces.

Treves aims to disrupt the tattoo industry with blockchain technology and welcomes tattooers as Genesis Artists. Interested degens can participate in an internal raffle through Zealy quests. SatoMasks serve as a precursor to the forthcoming BirthMark Tattoo marketplace.

Stay tuned for the next edition of #NTBuilds, where we will highlight more innovative projects emerging from The Citadel.

If you’re an NT citizen & Project Founder, and you’d like to get an update about your project in our Newsletter, just drop a message in the NT News Division and tag @ZeHI or @BadFuture.

All content from Neo Tokyo News is for entertainment purposes only, and not financial advice.

That’s it for our 11th edition of the Neo Tokyo Newsletter. Be sure to subscribe and share with your friends so you don’t miss out on future content.

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