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Luck of the mint (or trade) ๐Ÿ€

Arbitrum Odyssey paused, new Noun traits, Zoraโ€™s ZDK, & more!

William M. Peaster's avatar
William M. Peaster
Jul 01, 2022
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Luck of the mint (or trade) ๐Ÿ€
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Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles


Dear Bankless Nation,

Yesterday I minted a single NFT from an artsy, experimental profile picture project. 

By the luck of the draw, the PFP I drew was light blue, while I was hoping for something black or red, which are my favorite colors since, well, forever.

Anyways, a little bit after waking up today someone hit me up to trade for the light blue PFP (after finding my mint via Context!) because they loved it. Turns out, in exchange they offered me a black or red PFP from the same series, so I picked the one that I thought suited my writerly nature best and we traded:

Image via pfp+

The takeaway here, then, is sometimes with a little patience the perfect NFT falls into your lap. Stay patient, stay creative, and have a great weekend โœŒ๏ธ

-WMP


๐Ÿ™ Sponsor: Nexo - Buy BTC, ETH, and 40+ cryptocurrencies and keep your assets safe.โœจ


๐Ÿ›’ NFT News & Platforms

  • Arbitrum temporarily paused the NFT-centric Arbitrum Odyssey campaign. 

  • Coinbase NFT began a Drops program.

  • EIP4907, a token standard for NFT rentals, was finalized. 

  • Facebook started testing Ethereum and Polygon NFTs. 

  • OpenSea experienced an email vendor security incident. 

  • Gem launched a Live Mints dashboard to track ongoing NFT mint events:

Twitter avatar for @gemxyz
gem.xyz @gemxyz
โœจ New at Gem: Live Mints ๐ŸŒฑ Get a real-time overview of the hottest ongoing mints. Sort by the newest collections, mint volume, and more - with social indicators like unique minters and notable wallets. Found your Gem? You can now mint it straight from the Gem UI! ๐Ÿš€
4:57 PM โˆ™ Jun 29, 2022
339Likes100Retweets
  • LooksRare added support for Coinbase Wallet.

  • U.S. DOJ hit the โ€œBaller Apeโ€ NFT rug puller with money laundering and wire fraud charges. 

  • Quixotic, an NFT marketplace on Optimism, was exploited. 

  • Zora introduced the Zora Development Kit (ZDK) and redeemable NFTs:

Twitter avatar for @ourZORA
๐ŸŒœ๐ŸŒž๐ŸŒ› @ourZORA
๐ŸŒโ†’๐ŸŒ Redeemable NFTs An NFT that is redeemable for a physical good. โ†ณ Pay with ETH โ†ณ Resale royalties for the creator โ†ณ Ability to resell without shipping Try it out with the incredible IRL Nouns Glasses by @nounsvision: โ†ณ nounsvision.com
6:15 PM โˆ™ Jun 29, 2022
165Likes26Retweets

๐Ÿ† Digital Collectibles

  • doodles completed its Bucket Auction event:

Twitter avatar for @doodles
doodles @doodles
The Bucket Auction has concluded! Auction Stats: - 6,528 total bidders - 4,446 successful bids - 11,975.42 ETH auction total - 0.508 ETH price per Genesis Box - 23.11 ETH in gas fees Contract: 0xB75F09b4340aEb85Cd5F2Dd87d31751EDC11ed39 Collection: opensea.io/collection/genโ€ฆ
1:16 AM โˆ™ Jul 1, 2022
1,222Likes318Retweets
  • Nouns DAO is adding eight new heads and eight new accessories to its smart contract on August 8th, 2022. 

  • Lil Nouns DAO is developing a token-weighted bulletin board tool. 

  • Yuga Labs filed a lawsuit against Ryder Ripps for selling โ€œcopycatโ€ Bored Ape NFTs.  

๐ŸŽจ Art

  • Art Blocks announced Nov. 11th and Nov. 12th dates for its Art Blocks Open House weekend.

๐ŸŽฎ NFT Gaming

  • Axie Infinity launched Land Staking, kicked off Origin Phase 2, and reopened the Ronin Bridge. 

  • Treeverse released a short teaser vid of its upcoming MMORPG game:

Twitter avatar for @TheTreeverse
Treeverse (๐ŸŒฑ) @TheTreeverse
[๐Ÿซก]
3:09 PM โˆ™ Jun 28, 2022
2,225Likes581Retweets

๐Ÿ’ฝ Music

  • Coopahtroopa.eth published This Week in Music NFTs - June 27th. 

๐ŸŒ Virtual Worlds

  • Mona, a web3 metaverse platform, raised a $14.6M Series A round. 

  • The Sandbox opened up its LAND bridge to Polygon. 

  • HTC released its metaverse-minded and web3-friendly Viverse phone. 

๐Ÿ’Ž DeFi x NFTs

  • Fractional unveiled a fixed price sales functionality. 

Twitter avatar for @fractional_art
Fractional @fractional_art
We launched a new feature: Fixed Price Sales Curators can now list their fractions at a specific โ€˜fixed priceโ€™ for anyone to purchase ๐ŸŽ‰ The bigger updates are still to come๐Ÿคซ medium.com/fractional-artโ€ฆ
Image
4:46 PM โˆ™ Jun 30, 2022
45Likes8Retweets
  • Element Finance explained how it designed its Elfiverse NFT project. 


Action steps

  • ๐Ÿ“บ Watch Arcade founder Gabe Frank talk NFT lending on Overpriced JPEGs

  • ๐Ÿ“บ Watch Bear Market War Stories w/ DCInvestor & Eric Conner on Bankless

  • ๐Ÿง Catch up on my other write-ups from this week: 

    • How to earn passive yield on your NFTs

    • 5 cool new NFT projects

    • Study these NFT smart contract approaches


Author Bio

William M. Peaster is a professional writer and creator of Metaversalโ€”a Bankless newsletter focused on the emergence of NFTs in the cryptoeconomy. Heโ€™s also recently been contributing content to Bankless, JPG, and beyond!


Subscribe to Bankless. $22 per mo. Includes archive access, Inner Circle & Badge.


๐Ÿ™Thanks to our sponsor

NEXO

Nexo follows a robust business model that safeguards your crypto in all market conditions. The companyโ€™s strict overcollateralization policy makes it the go-to platform to safely borrow against your crypto. You can also buy or exchange 40+ assets and earn daily compounding interest.

๐Ÿ‘‰ Get Started Now!


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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Luck of the mint (or trade) ๐Ÿ€
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Zora V3 is ๐Ÿ”ฅ
Zoraโ€™s new protocol infra is a step forward for the NFT space!
Jan 25, 2022 โ€ข 
William M. Peaster
47

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Metaversal moved to bankless.com/metaversal
Metaversal moved to bankless.com/metaversal
Zora V3 is ๐Ÿ”ฅ
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6
Bored Ape Mutation Madness! โš—๏ธ
BAYC introduces Mutant Apes, leading to a fun NFT mutation frenzy!
Aug 31, 2021 โ€ข 
William M. Peaster
25

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Metaversal moved to bankless.com/metaversal
Bored Ape Mutation Madness! โš—๏ธ
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Why Right-Click Savers Flunk NFTs โŒ
French philosopher Jean Baudrillard would tell right-click savers they have NFTs all wrong!
Sep 8, 2021 โ€ข 
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 โŒ
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