Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles
Dear Bankless Nation,
To say the least, 2022 has been a wild year for the cryptoeconomy.
And while we might be in the throes of a crypto and NFT bear market in various regards, in other ways NFT activity is picking up like never before at this year’s end.
For example:
Blur is gaining market share
Music NFT mints are on the rise
Solana NFT trading is bear-resistant
Tezos NFT volume is at ATH
Web3 profiles are booming on Lens
And these happenings are just scratching the surface of NFT advances right now.
People lately ask, “what’s the difference between this bear and the last?”
One quick answer? There are hundreds of compelling NFT projects to experience firsthand this time around compared to only a few last time.
That definitely counts for something as the NFT ecosystem is now expanding in all directions faster than ever before, bear or bull.
Whatever happens next, let’s focus on recent NFT news and catch you up on all the latest headlines for this weekly recap. Thanks for reading everyone ✌️
-WMP
🙏 Sponsor: Uniswap Labs — Better Prices, More Listings: NFTs on Uniswap✨
📣 General NFT News
Apple is blocking NFT sends in Coinbase Wallet.
Bankless acquired Earnifi, a service that helps you discover your wallet’s unclaimed airdrops and NFTs.
Bankless also released its 2nd podcast NFT, The Crypto Renaissance ft. Dr. Josh Rosenthal:
Madhappy, a clothing brand, unveiled a Nouns apparel collection.
Nifty’s announced support for Stripe’s new fiat-to-crypto onramp.
🏆 Digital Collectibles
Finiliar is launching oracle connectivity and dynamic animations next week.
OpenSea added support for BNB Chain.
PROOF Collective unveiled Pudding, a bespoke and curated marketplace for the PROOF ecosystem.
Pudgy Penguins attempted to auction 10 rare penguins via Sotheby’s.
RTFKT Egg claims are now live.
Rug Radio is preparing a PFP project with Cory Van Lew.
Tim Ferris is launching the COCKPUNCH collection next week.
Zombie Wallet, aka cx000.eth, becomes more legendary with each passing day:
🎨 Cryptoart
0xDEAFBEEF’s Series 2: Transmission - Token 137 resold for 175 WETH:
Fidenza #607 by Tyler Hobbs resold for 500 ETH.
Manifold has released a new version of the Manifold Creator Contract.
Archipelago, a generative art marketplace on Ethereum, is shuttering on Dec. 10th, 2022.
🎮 Decentralized Gaming
Coinbase is planning to list Aavegotchi’s GHST token and Treasure’s MAGIC token.
💽 Music NFTs
nico.eth introduced an excellent new Dune Dashboard for Sound analytics.
Sound saw ~12,000 music NFT mints in Nov. 2022.
Warner Chappell, a major music label, partnered with web3 entertainment incubator Defient.
🌐 Virtual Worlds
Decentral Games celebrated its 2nd anniversary in Decentraland.
Voxels launched a new token-gated parcels flow.
Voxels is also releasing procedurally generated Chronos Island parcels.
💎 DeFi x NFTs
Tessera unveiled new collective NFT ownership mechanisms like Vaults and Raes, Last Price Dutch Auctions, and Optimistic Buyouts.
Uniswap launched its NFT marketplace aggregator service!
Action steps
🆕 Read the Bankless Token Ratings | Dec. 2022 report, 5 Onchain Signals That We’ve Bottomed, and Is Solana Dead? in Bankless (newsletter)
🗣️ Watch Sen. Pat Toomey talk crypto and the SEC on Bankless (YouTube)
🌱 Watch Proof of Person with Idena Network on Green Pill
🙇 Catch up on my write-ups from this week:
Author Bio
William M. Peaster is a professional writer and creator of Metaversal—a Bankless newsletter focused on the emergence of NFTs in the cryptoeconomy. He’s also recently been contributing content to Bankless, JPG, and beyond!
Subscribe to Bankless. $22 per mo. Includes archive access, Inner Circle & Badge.
🙏Thanks to our sponsor
UNISWAP LABS
Trade NFTs across major marketplaces to find more listings at better prices. NFTs on Uniswap are open-source, trustless, and self-custodial. To celebrate NFTs on Uniswap, we are airdropping $5 million to certain historical Genie users. Start trading NFTs today on Uniswap.
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.
Music NFTs is funny 🤘