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I, NFT adept 🎆

OpenSea’s Seaport migration, Axie Infinity backs creators, goblintown team revealed, & more!

William M. Peaster's avatar
William M. Peaster
Jun 17, 2022
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I, NFT adept 🎆
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Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles


Dear Bankless Nation,

You’re an on-chain adept. You know the ins and outs, or are beginning to learn the ins and outs, of NFTs and more. 

Combine that knowledge with dashes of DeFi know-how, plus some DAO experiences, etc., and what do you get? A 21st-century digital spellcaster of sorts. 

Of course, suggesting that we’re magicians is a little bit silly. A little bit romantic. Yet in the NFT ecosystem over the past two years I’ve seen magical things happen time and time again.

Imagine what’s to come, then? Double down into this metaphorical magic early, learn the new paths forward, and stay creative all along the way. For now, have a great weekend and thanks as always for reading. 

-WMP


🙏 Sponsor: Brave Wallet - the secure crypto wallet. No extension required.✨


🛒 NFT News & Platforms

  • OpenSea officially migrated its operations to its newly developed Seaport Protocol:

Twitter avatar for @DuneAnalytics
Dune @DuneAnalytics
Yesterday, @opensea migrated to the new, open-source Seaport Protocol @marcov_91 was fast with a dashboard 🧙‍♂️ So far on Seaport: 🌊 $8,060,200 volume 🌊 16,644 transactions 🌊 18,417 users Some interesting gas / transaction data inside 👇 dune.com/Marcov/opensea…
dune.comDuneBlockchain ecosystem analytics by and for the community. Explore and share data from Ethereum, xDai, Polygon, Optimism, BSC and Solana for free.
3:54 PM ∙ Jun 15, 2022
27Likes8Retweets
  • Context released mint.fun, an NFT minting aggregator website. 

  • Immutable introduced Arch, an L1 to L2 bridging system for Ethereum and StarkNet.

🏆 Digital Collectibles

  • Bored Ape 7537, a floor ape rarity-wise, sold for 1,024 ETH as part of a marketing stunt by the Chinese social media company Btok. 

  • Bored Town, a CC0 free-to-mint project on the Optimism L2, launched and temporarily brought NFT marketplace Quixotic to a halt last weekend. 

  • Nouns Vision, a project centered around building luxury physical Nouns glasses, began its public mint:

Twitter avatar for @ourZORA
🌜🌞🌛 @ourZORA
⌐◨-◨ The infamous nouns glasses have been brought to life by the @nounsvision team. They are being released as a redeemable NFT, and the mint is now open to the public. Mint now: ↳ nounsvision.com
Image
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7:47 PM ∙ Jun 16, 2022
52Likes9Retweets
  • goblintown.wtf creators revealed their identities as the team behind Truth Labs, an NFT studio. 

🎨 Art

  • Archipelago, a marketplace specialized for Art Blocks pieces and generative art in general, is going live on June 20th. 

  • Simon de la Rouviere presented The Room of Infinite Paintings, an on-chain CC0 generative art project:

Twitter avatar for @un_frontier
✨Untitled Frontier✨ @un_frontier
Presenting Logged Universe's "The Room of Infinite Paintings": a simulated mind's infinite attempt for meaning. CC0 SVG on-chain generative art. Free to mint. Infinite supply. Currently, only minting on etherscan: etherscan.io/address/0x4325…
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6:55 PM ∙ Jun 15, 2022
31Likes9Retweets
  • Harm van den Dorpel airdropped a new series, Markov’s Dream: Orbs, to holders of his acclaimed Mutant Garden Seeders series:

Twitter avatar for @harmvddorpel
Harm van den Dorpel .eth @harmvddorpel
Snapshot's been made and contract unpaused for all holders of @MutantGardenBot – enjoy – markovs-dream.harm.work/orb-lite
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10:32 PM ∙ Jun 14, 2022
30Likes4Retweets
  • Starry Night Capital, a cryptoart fund co-managed by two founders of 3AC, consolidated its art NFTs into a new wallet; the move sparked speculation that an OTC deal was being conducted as rumors of 3AC’s insolvency surged this week:

Twitter avatar for @kylewaters_
Kyle Waters @kylewaters_
1/ Over the last 24h Three Arrows Capital-backed NFT fund @StarryNight_Cap has moved its entire collection on SuperRare totaling 70 works which it has spent >$21M on since last August.
Image
2:32 AM ∙ Jun 15, 2022
602Likes136Retweets

🎮 NFT Gaming

  • Axie Infinity launched the Axie Creator Program.

  • Information Token DAO (IT) invested in Joyride, a streamlined web3 platform for game creators. 

  • Merit Circle DAO and Yield Guild Games (YGG) agreed to formally part ways. 

  • Playful Studios, the team behind Words With Friends and beyond, raised $46M to build out its upcoming Wildcard Alliance NFT game. 

💽 Music

  • Arpeggi Labs created the first open on-chain samples library:

Twitter avatar for @arpeggi_labs
Arpeggi Labs @arpeggi_labs
We just airdropped 406 samples to 39 artists as 1/1 NFTs and used them to form the first open on-chain sample library! 🥳 The library and Arpeggi v2 are now available to all beta users to make and mint free music NFTs! 🎶 This is how we got here. 🧵👇 mirror.xyz/arpeggi.eth/uS…
mirror.xyzThe First On-Chain CC0 Sample LibraryOn November 24th, 2021 we published an article in which we called on our community to submit samples to create the first-ever on-chain open-source sample library.
5:00 PM ∙ Jun 16, 2022
78Likes32Retweets
  • Coopahtroopa.eth published This Week in Music NFTs - June 13th. 

🌐 Virtual Worlds

  • Decentraland and The Sandbox are hosting around 1k active daily players right now. 

💎 DeFi x NFTs

  • Stacey Cunningham, the former president of the New York Stock Exchange, joined Uniswap Labs as an advisor (Uniswap V3 handles liquidity positions as NFTs).


Action steps

  • 📺 Watch Cooper Turley talk Music NFTs on Overpriced JPEGs

  • 📺 Watch Inside Gitcoin Grants Round 14 on Green Pill

  • 🧐 Catch up on my other write-ups from this week: 

    • Welcome to Chainspace

    • NFTs in a bear market 

    • 5 steps to starting your crypto career


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

BRAVE WALLET

Brave Wallet: the secure crypto wallet, built directly into the browser.

Buy, store, send & swap assets. Manage NFTs. Connect other wallets & DApps. All from the security of the best privacy browser on the market. 

Ditch those risky extensions. It’s time to switch to Brave Wallet.


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.


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Zora V3 is 🔥
Zora’s new protocol infra is a step forward for the NFT space!
Jan 25, 2022 • 
William M. Peaster
47

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Metaversal moved to bankless.com/metaversal
Metaversal moved to bankless.com/metaversal
Zora V3 is 🔥
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Bored Ape Mutation Madness! ⚗️
BAYC introduces Mutant Apes, leading to a fun NFT mutation frenzy!
Aug 31, 2021 • 
William M. Peaster
25

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Metaversal moved to bankless.com/metaversal
Metaversal moved to bankless.com/metaversal
Bored Ape Mutation Madness! ⚗️
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Why Right-Click Savers Flunk NFTs ❌
French philosopher Jean Baudrillard would tell right-click savers they have NFTs all wrong!
Sep 8, 2021 • 
William M. Peaster
24

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Metaversal moved to bankless.com/metaversal
Metaversal moved to bankless.com/metaversal
Why Right-Click Savers Flunk NFTs ❌
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