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NFT Builders Aren't Slowing Down

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NFT Builders Aren't Slowing Down

OpenSea launches a "Music" category, Nifty's is hiring an NFT curator, & more!

William M. Peaster
May 21, 2021
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NFT Builders Aren't Slowing Down

metaversal.banklesshq.com

Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles


Dear Bankless Nation,

Crypto prices may be down this week, but intrigue is up around the NFT ecosystem.

That’s because we’re still seeing a ton of interesting advances throughout the space, basically in any direction we look. The building hasn’t slowed — if anything its continuing to steadily ramp up across the board.

So don’t get too spooked by prices. They go up, they go down, ‘round and ‘round.

What you should play close attention to are projects’ fundamentals, and many NFT projects’ fundamentals have never been stronger. That’s what really counts now and going forward.

-WMP


🙏 Sponsor: Nifty Gateway—buy, sell, and store NFTs!


🏆 Digital Collectibles

  • The biggest CryptoPunk sale this week? 400 ETH for Punk #1190, a rare zombie.

  • U.S. financial weekly Barron’s is auctioning the covers of its 1st and 100th issues via SuperRare. 

🎨 Cryptoart

  • In Sotheby’s “Natively Digital” curated sale next month, the major auction house will be auctioning off NFT artworks by leading cryptoartists like Sarah Zucker, Matt Kane, XCOPY, and Art Blocks’s curated creators. 

  • Artist Stefano Contiero released his generative art series Frammenti as a curated Art Blocks drop today.

    Twitter avatar for @artblockmints
    Art Blocks Mints @artblockmints
    Frammenti #0 minted by stefan_contiero. artblocks.io/token/72000000
    Image
    6:32 AM ∙ May 19, 2021
  • Beeple’s first work on SuperRare, a collaboration with TIME Magazine called TIME: The Future of Business, sold for 126.5 ETH.

🕹️ Blockchain Games

  • You can now purchase Wrapped Ether (WETH) directly on Axie Infinity’s Ronin sidechain via Ramp Network!

Twitter avatar for @AxieInfinity
Axie Infinity @AxieInfinity
So beautiful 😍 purchase.roninchain.com
Image
3:38 PM ∙ May 21, 2021
213Likes46Retweets
  • This summer global fantasy ⚽ game Sorare is launching Global Nations, a “new international tournament for the Copa America and the Euros.”

  • Pixelcraft Studios, the team behind DeFi-NFT game Aavegotchi, is looking to hire a Director of Marketing. 

  • The Guild of Guardians NFT Founder Sale is kicking off next week. 

🌐 Virtual Worlds

  • Metaverse project Wilder World revealed it’s building its virtual realm atop NFT scaling solution Immutable X. 

  • The WIP Meetup crew just held their Season 4 finale event in Cryptovoxels.

Twitter avatar for @theWIPmeetup
TheWIPmeetup.eth @theWIPmeetup
Season 4 finale of the WIP tmrw at 12 pm PT! Join us at the crime-ridden @Rendar_org gallery in @cryptovoxels. Hear updates from a Marvel Studios co-founder, @MarkDate, and artist @AndyCouncil. Plus [insert 🔥🔥🔥] Audio: discord.gg/nft CV: cryptovoxels.com/play?coords=N@…
Image
9:30 PM ∙ May 19, 2021
20Likes11Retweets

🛒 NFT Platforms

  • OpenSea launched a “Music” category 🎶

Twitter avatar for @opensea
OpenSea @opensea
Creators can now select music as a category across their collections 📁
Image
3:43 PM ∙ May 21, 2021
17Likes4Retweets
  • NFT social platform Nifty’s is looking to hire an NFT curator!

Twitter avatar for @JordanLyall
Jordan Lyall @JordanLyall
Do you know more about NFTs than all your friends? @Niftys is hiring an NFT curator. 📥 DMs open
6:31 PM ∙ May 19, 2021
199Likes17Retweets
  • Ethereum wallet Rainbow released Rainbow Web Profiles, so users can get the same viewing experience in their browsers that they enjoy from the Rainbow mobile app. 

Twitter avatar for @rainbowdotme
Rainbow @rainbowdotme
🌈🌈 big official news 🌈🌈 Rainbow Web Profiles are finally here! ✨ The beautiful NFT viewing experience you’ve come to know & love inside the Rainbow app has been unleashed across the entire Ethereum network 🪐🖼✨ rainbow.me
Image
3:27 PM ∙ May 21, 2021
127Likes16Retweets
  • BLING, a luxury and lifestyle NFT marketplace on Polygon, has arrived. 

💎 DeFi x NFTs

  • Yam Finance is getting ready to launch $uPUNKs, a tokenized derivative that tracks the value of the CryptoPunks market, through the coming Yam Synths platform. 

  • NFT fractionalization protocol Unicly launched v2 yield farms around its uTokens, which represent fractionalized NFT collections. 

  • Uniswap v3 LP NFTs don’t break Uniswap’s ability to facilitate liquidity mining, per Paradigm. 

  • NFTfi, a marketplace for NFT collateralized loans, whitelisted a handful of NFT projects this week including Proof of Beauty, MakersPlace, and Bored Ape Club for loans.


Action steps

  • 📰 Read “NFTs, Legitimacy, & New Possibilities” by Metaversal

  • 📰 Read “How to Research NFTs” by Metaversal


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


🙏Thanks to our sponsor

Nifty Gateway

The all-in-one platform that makes it easy to buy, sell, and store NFTs!

http://bankless.cc/Nifty

Nifty Gateway works with both successful and up-and-coming artists, musicians, and brands to create limited Nifty (NFT) collections that are available on our marketplace.

👉 Visit NiftyGateway.com and start your NFT Collection today!

👉 NEW DROPS BY JON NOORLANDER, GRAMATIK, DANIEL ARSHAM, MONSTERCAT x JOSE DELBO x RAC, & MORE OUT THIS WEEK!


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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NFT Builders Aren't Slowing Down

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