Mad News: Mad Lads Defy Bear Market
Mad News cuts through the noise of crypto Twitter and delivers a curated snapshot of Mad Lads and Backpack news, project updates and community highlights.
What’s in this week’s Mad News?
an exclusive look at Mad Lads Inventory
Mad Alberts challenge winners revealed
Solana’s new digital identity plan
Subscribe today and stay up to date on everything in the Mad Lads and Backpack ecosystem.
Table of Contents
Backpack & xNFTs
Merch Redemptions LIVE!
Mad Merch NFTs (Edition 1) were airdropped to diamond handed Mad Lads in mid-May and now it’s time to ship.
Redemptions are easy - open your Backpack, click on your Mad Merch xNFT and place your order.
Mad Merch is being shipped to more than 235 countries around the world - take a look at the full list in the FAQs. Shipments will begin on June 23rd for T-shirts and July 3rd for Hoodies.
Mad Albert Challenge Comes To A Close
The judges have spoken and Thomukas1 is bringing home the grand prize, a Mad Lad NFT.
Mad Lads were challenged to a meme contest last week and the community got creative. Search #madalbert in Twitter to see all the entries.
Thomukas1 isn’t the only winner, honorable mentions include:
Mobile Backpack App Design Revealed
Backpack is being optimized for the upcoming mobile app deployment.
UI/UX improvements have been made for the mobile app, a new navigation menu added as well as other feedback items from beta testers.
10 Finalists Selected In NFT Showdown
The Solana NFT Showdown is designed to encourage aspiring NFT community creators to focus on product innovation and sound business pitches, ultimately strengthening the quality of new projects in the creator ecosystem.
The Solana NFT Showdown is a competition for Solana NFT brands aimed at creating IRL products in industries like fashion, entertainment, gaming and creator agencies.
Ten finalists have been selected and the Showdown culminates with a live round of judging. Finalists have three minutes to pitch to the judges for a chance at the big prize.
Sunday Stream #10 In The Books
Sunday Stream #10 kicked off from Armani’s WeWork office in Hong Kong, China.
This was a rapid fire stream where Armani covered a lot of topics in a short amount of time:
Jakey’s TikTok Skits and MAD MOVIE 2
New Backpack design
Mobile Backpack app
Loyalty points and Soulbound assets
Target marketing system
xNFT staking for blockchain games
Business development partnerships
Soul Abstraction Unveiled
When Armani isn’t streaming he is writing gargantuan Twitter threads about what ‘soul abstraction’ means for the Mad Lads.
Soul abstraction is a key component to managing the Mad Lads xNFT inventory.
Mad Lads Hong Kong Meetup
Speaking of Hong Kong - head over to The Work Project Midtown on Thursday, June 29th for a Solana x Mad Lads community meetup.
Marketplace Listings Plummet, Sales Soar
Although number of Mad Lads listings dropped from 1000+ to less than 500 once xNFT staking went live, data from CryptoSlam! shows that sales volumes have increased by more than 10% over the last week.
This comes on the back of a major floor sweep that occurred on Monday.
150+ Mad Lads were swept in just a few hours. This drove the floor price well above 100 SOL. The next day, a Mad Skull sold for a near record-breaking price: 2,428 SOL.
Even more interesting than the hefty price tag is who made the purchase.
Mad Lads Have Diamond Hands
A report by blockchain research house Nansen highlighted the strength of the Mad Lads community.
MAD MOVIE 2 Drops From 10,000 Feet
Jakey, inaugural member of The Roster, released MAD MOVIE 2. “Pursuit of the extreme” takes our favorite content creator on a journey to find the maddest extreme activities you can do - bungee jumping, sky diving and a journey into the sea.
xNFT Library Continues To Grow
Six more xNFTs have been added to the Backpack xNFT Library since our first (and last) issue of xNewsletter.
xNFT downloads are nearing a new milestone. Nearly 30,000 xNFTs have been downloaded since the Library opened.
solandy.sol Makes xNFT Publishing Easy
Well known Solana developer solandy.sol dropped a one minute long ELI5 tutorial on how to upload an xNFT to the Library.
SNS Manager Expands Language Options
Bonfida’s SNS Manager expanded language support to include Chinese and Korean.
Solana Mobile Engravings Go Hard
Solana Mobile treated Mad Lads holders to a free laser engraving on every Saga that they purchased. Engraved cell phones are starting to land all over the world, this beauty arrived in Singapore last week.
Sign In With Solana (SIWS) Coming Soon
Establishing a secure digital identity gets easier with Sign In With Solana (SIWS). SIWS helps facilitate one-click-sign-ins when connecting to your favorite platforms.
This new digital identity tool utilizes Solana keypairs.
The primary function of a keypair is to sign messages and enable verification of the signature. Verification of a signature allows the recipient to be sure that the data was signed by the owner of a specific private key.
With SIWS, keypairs help shift message construction from individual dApps to crypto wallets.
SOL Makes Debut In Indonesia
Indonesia, located in Southeast Asia, made a move to embrace cryptocurrency when they formally legalized trading of five hundred different tokens.
Daily Solana NFT Transactions Doubled
Blockchain data and analytics powerhouse Messari released a new report showing that daily NFT transactions have doubled since April.