Gucci & Yuga make it official 👀

Gucci x Yuga Labs, Art Blocks marketplace, and DYDX v4

50 shades of blue

GM Baos,

Happy Friday or Saturday, depending on where you are in the world 🙂

Today we cover:

  • Gucci x Yuga Labs

  • Art Blocks NFT marketplace

  • DYDX Cosmos blockchain

Gucci & Yuga Labs multi-year partnership

This isn't Gucci's first venture into web3... 👀They've previously done a collab with 10KTF (a start up acquired by Yuga Labs), started accepting payments in $APE, and bought land in The Sandbox.

Not many details on the partnership have been released, but we know that Gucci will play a part in Otherside and 10KTF. They tweeted, "Stay tuned as a new narrative takes shape, blurring the boundaries between the physical and digital."

Art Blocks NFT marketplace

Art Blocks launched a secondary marketplace. They created the marketplace to address 3 problems: authenticity, scams, and royalties. Because Art Blocks has always wanted to support artists, there are no platform fees and creator royalties will be fully honored.

Considering the ongoing war between major NFT marketplaces, it wouldn't be surprising to see community marketplaces become the future. What are your thoughts? 🧐

Wen DYDX v4? SOON

A year ago DYDX announced that they were building their own blockchain using the Cosmos SDK. This week, they launched the v4 private testnet and said that the platform should be completely on Cosmos by the end of September.

Why move away from ETH? It got to the point where ETH can't process transactions fast enough. Interestingly, DYDX isn't the first decentralized exchange (DEX) to announce a move to the Cosmos ecosystem. SushiSwap also plans to build on Cosmos, as it allows devs to spin up a blockchain that is tailored to their needs.

Bao-Sized News

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Tweets 🐦

Can't wait to see y'all next week 💙

–Cassidy