The SquiggleDAO Times - 017

Monthly digest of Chromie Squiggle related news & media

Apr 09, 2024

SquiggleDAO x Zharta Combine for $1M Squiggle Loan
Glitch Announces Snowfro Signed Squiggle Poster
NFTfi Sponsors The SquiggleDAO Podcast
Chromie Squiggles Included in Bitwise Blue-Chip NFT Index Fund
Gmoney Takes Us Back To Minting Squiggles
Squiggle Background Editor & High Res Generator
Individual Squiggle Page Complete with ALL Traits

SquiggleDAO x Zharta Combine for $1M Squiggle Loan

In a landmark move within the digital art space, SquiggleDAO tapped into the NFT Finance protocol Zharta for an unprecedented $1 million NFT-backed loan, leveraging 11 of its treasury’s Squiggles, including their highly sought-after Hyper Bold.

This partnership exemplifies the evolving landscape of NFT finance, where digital art intersects with financial opportunities. NFTs offer solutions to challenges faced by traditional art markets, with their inherent properties reducing logistical complexities.

Zharta's decentralized protocol stands out for its borrower-friendly features and non-custodial pool system, providing security and stability for institutional-level transactions.

The involvement of SquiggleDAO underscores the power of community-driven initiatives in promoting and supporting valuable NFT collections.

This historic loan not only highlights the potential of NFTs as collateral but also sets a precedent for decentralized communities in the Web3 ecosystem, emphasizing responsible decentralization and fostering lasting value.

We encourage you to read the full article that goes into much more depth about this historic loan here:

SquiggleDAO and Zharta Make History With The Largest Squiggle Backed Loan

SquiggleDAO Newsletter

Mar 26

Read full story

Glitch Announces Snowfro Signed Squiggle Poster

To celebrate the milestone of completing the E30D project, the team at glitch has announced that collectors will have the choice to collect a physical poster signed by Snowfro (Erick Calderon, creator of the Chromie Squiggle).

If you are interested in getting your hands on one, we suggest reading this release from Glitch: https://x.com/glitchmarfa/status/1773363227532857698?s=20

NFTfi Sponsors The SquiggleDAO Podcast

NFTfi has partnered with SquiggleDAO and has announced 3 initiatives to support the DAO.

50% of NFTfi protocol fees generated from Squiggle loans will be shared with SquiggleDAO.
NFTfi will sponsor the SquiggleDAO podcast.
The NFTfi Foundation will be making a donation to SquiggleDAO.

Read more details about the partnership and discover more about NFT lending by reading this post and following NFTfi: https://x.com/NFTfi/status/1770450314140979232?s=20

Chromie Squiggles Included in Bitwise Blue-Chip NFT Index Fund

The Chromie Squiggle is the only generative art project held in the Bitwise Blue-Chip NFT Index Fund.

As described by Bitwise, the fund includes the most valuable and well established NFT collections.

Interested in Squiggle collection data? We recommend checking out: https://www.squiggledao.com/data

Gmoney Takes Us Back To Minting Squiggles

Season 2 of the SquiggleDAO Podcast continues with Gmoney, who is the founder of Admit One, crypto-native luxury brand 9dcc, and an influential collector/thought leader in the space.

In this episode, Nifty and Jared talk with Gmoney about his OG roots in the space with regards to DeFi, fashion, and minting projects. Gmoney is a top Chromie Squiggle holder who minted 100s of Squiggles and he tells some great stories about those early days minting and meeting Snowfro.

Watch or listen on all major platforms: https://www.squiggledao.com/podcast