New year, New NFT 🎉
Past week: 0xTechno’s Toys, a Nounish Rose Parade, Zeneca’s ZenChests, & more!
Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles
Dear Bankless Nation,
Bitcoin needs more NFTs.
Logan Paul is flailing from NFT scam allegations.
Nouns DAO’s first-ever editioned drop pointed toward crypto-native movie studios and beyond.
Many NFT collections are experiencing big floor movements right now.
Ah, to be back in the swing of things…
Indeed, 2023 just began, yet so much has already happened in the NFT ecosystem across these first days of the new year — it’s a lot to keep up with!
Toward that end, here’s your latest Metaversal Friday recap, so let’s catch you up now on the big NFT highlights from this past week. Thanks for reading everyone, and have a great weekend ✌️
-WMP
🙏 Sponsor: Kraken — the most trusted and secure crypto exchange in the world✨
📣 General NFT News
Blur is launching its $BLUR token at the end of this month.
Foundation is releasing a new creator tool, Worlds:
ENS and Coinbase teamed up to give Coinbase app users the ability to link their cb.id names to their mobile wallets.
LooksRare released its Edition Zero merch drop denominated in $LOOKS.
Nouns DAO appeared in this year’s Rose Parade festivities:
OpenSea added support for onchain metadata updates.
🏆 Digital Collectibles
Doodles 2 will feature gasless customization.
SBF appears to have purchased millions of dollars’ worth of Solana collectibles that now belong to FTX creditors.
Zeneca introduced ZenChests, NFTs that are burnable for the upcoming Zen PFP on a 1:1 basis.
🎨 Cryptoart
Feral File, an art platform, secured its users’ crypto funds amid the closure of Wyre.
JPG launched its second NFT TCR, the Conceptual Art Canon.
Kjetil Golid, the acclaimed generative artist, auctioned 10 works from his new EXPANSE series:
numo.eth, a mainstay in the CC0 NFT scene, unveiled the Pixel Art Doodles (PAD) project.
0xTechno released Toys.
🎮 Decentralized Gaming
Axie Infinity launched the ability to buy, sell, and equip Axie accessories.
Illuvium opened up downloads for the Illuvium: Zero alpha.
Treeverse, a mobile MMORPG, launched pre-alpha gameplay:
💽 Music NFTs
Coopahtroopa introduced the Web3 Manager Launchpad for music managers and published This Week in Music NFTs - Jan. 2.
🌐 Virtual Worlds
MetaKey held a NYE Party at the One Times Square site in Decentraland:
💎 DeFi x NFTs
Astaria, an NFT-collateralized lending market, opened up its repos.
Otherdeed plots are currently the most commonly liquidated NFTs in the NFTfi sector.
Papr is another new NFT lending project to track.
Action steps
🆕 Read Bankless 2023 Predictions and How to Protect Against Stablecoin Blowups in Bankless (newsletter)
🗣️ Watch Are NFTs Securities? with Brian Frye on Bankless (YouTube)
🌱 Watch Universal Profiles with Fabian Vogelsteller on Green Pill
🙇 Catch up on my other 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!
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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.
