Neo Tokyo News - 29 August - 4 September 2023

The Citadel Shines at Midnight

Neo Tokyo News - 29 Aug - 4 Sep, 2023

In this issue:

  • This Week in Neo Tokyo: The Citadel Shines at Midnight (by PhoenixxDown)

  • NFT Relief Rally (by Flower83)

  • A Monumental Month for Vulcan Forged (by CryptoTots)

This Week in Neo Tokyo

Neo Tokyo is renowned for its strong community and the remarkable results that arise when bright minds collaborate. Friendships and alliances have been forged amidst the challenges of the bear market, with citizens consistently lending a helping hand to one another. However, expressing gratitude has always been a challenge - until now.

Now, you can show your appreciation to fellow citizens by purchasing an airdrop of $BYTES through our new Community Rewards program! Simply visit the Citizen Directory, where you can generously gift packages of 5, 25, 50, or 100 $BYTES to someone who has done you a kind deed.

Your giving and receiving stats will be tracked on a leaderboard, with the most successful of each category set to receive special rewards during September's Town Hall.

Community Rewards are also now active on Neo Tokyo News' articles. If you find an article on our wesbite that resonates with you, you can now tip the author as a gesture of gratitude.

It has been another eventful week for CitCap. Firstly, we unexpectedly received a fourth opportunity to invest in Supra! The $300K allocation was swiftly claimed some hours later, bringing the total invested by our citizens to $1,300,550.

Following this, it was announced that Tues 5 Sep (14:00 EST) will be the big day many of us have been waiting for: the Investment Open for Dr. Disrespects gaming studio, Midnight Society. If you still have any funds left after all those Supra opportunities, this is a date you’ll want to mark in your calendar and not be late for.

On that very topic, NT hosted a Twitter Space AMA with Midnight Society in anticipation of the Investment Open. So before you YOLO your funds in, get fully up to speed on what they’re building over there by catching up with the AMA first.

Speaking of which, Ben Gothard provided us with an update for the AMA department this week.

“In an effort to make the AMA division 100% transparent, we are implementing a new age for how AMAs get submitted, voted on, decided, and communicated about.”

Find out more about the process of how you can submit requests for AMAs with your favorite projects, and other updates, here via Ben’s full announcement.

Lastly, if you missed it, we held our 15th NT Town Hall last Monday. You can catch up on all the updates from Firestorm and our Leads via the recording at this link.

NFT Relief Rally

The floor prices have been on a consistent downtrend due to recent events in the space, but this week it seems like the vibe in the space has shifted a bit.

Not a lot, of course and I’d be careful if you are considering a premature celebration, but it was nevertheless nice to see mostly green price action across many different crypto ecosystems.

Some collections were even in double digits, with Yuga’s assets leading the charge and Azuki & Pudgy Penguins trailing behind.

In terms of weekly volume, however, things are still not ideal, since we are sitting close to all time lows. 

With that being said, LooksRare took the number 1 spot and flipped Blur.io by a close margin. That's a first. OpenSea, once the top (or rather, the only) marketplace is now in third place.

One of the collections that got a lot more attention on social media than in the previous few weeks is none other than Neo Tokyo itself.

With most PFP projects down bad from their ATH, Neo Tokyo Citizens (our S1 collection) now actually has a higher floor than most NFTs out there. It has been going sideways for months, when everything else around us was dropping harshly in price. Bellow is a comparison of NFT floor prices posted by Firestorm on his Twitter:

Many citizens rejoiced and said they were not surprised, given how many good things are in the works and given many good updates have been coming out of NT lately. So, now it is time for Neo Tokyo to shine. The Citadel Is Watching.

A Monumental Month for Vulcan Forged: Here’s What You Need to Know

Both Vulcan Forged's CEO, Jamie Thomson, and the official Vulcan Forged account have hinted that a massive announcement is imminent.

One that will put Vulcan Forged on the map for millions more users.

If you follow blockchain gaming, you may have noticed rumblings about something big brewing at Vulcan Forged this September.

But unless you're deeply immersed in Web3 gaming, Vulcan Forged may still be an unknown entity.

So what exactly is Vulcan Forged building?

And why is their forthcoming announcement poised to be so impactful?

Vulcan Forged: A Gateway to Blockchain Gaming

Founded in 2021, Vulcan Forged has rapidly emerged as a leading blockchain game studio and NFT ecosystem.

They provide the tools and infrastructure for seamless adoption of Web3 game mechanics.

During the bear, Vulcan Forged has built:

  • A suite of 10+ blockchain games spanning action, RPG, trading card genres and more

  • A bustling NFT marketplace for trading gaming assets

  • A decentralized exchange for their PYR and LAVA gaming tokens

  • Incubator and funding programs for community game developers

  • The VulcanVerse metaverse where players can build NFT-based worlds

And they've built a passionate strong community in the process.

Vulcan Forged's mission is to make blockchain gaming accessible for mainstream audiences - By removing the complexity barrier for players and builders alike.

Why Vulcan Forged's Upcoming News Matters

Given their rapidly expanding ecosystem, Vulcan Forged is poised to become a dominant force in blockchain gaming.

Their forthcoming announcement/event (expected from September 4th onward) is likely about a major partnership, product launch, or adoption milestone.

Judging by their CEO's hints, this news could be the catalyst that cements Vulcan Forged as a household name - even for those less versed in Web3.

So whether you're a gamer, Web3 enthusiast, NFT collector, or intrigued observer - keep an eye out this September.

Vulcan Forged's ambitious platform has the potential to radically expand blockchain gaming adoption.

Their upcoming news could mark a historical moment in realizing this vision.

Exciting times may lie ahead.

But visions only become reality when there are builders creating the future.

That's exactly what Vulcan Forged is aiming to do for blockchain gaming.

For more in-depth coverage of crypto gaming and the NFT space, follow CryptoTots on X.

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

That’s it for our 12th 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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