NFT Friendship Bracelets 🧬

Art Gobblers arrive, Blur booms, MetaMask eyes games, & more!

Nov 4, 2022

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

Dear Bankless Nation,

Last month I wrote about Art Blocks 2.0.

Part of the generative art hub’s optimizations included the rollout of new collection types, one of which was Exploration collections for experimental releases.

Fast forward to this week and the first Exploration project, Friendship Bracelets, just launched.

A collab between Art Blocks founder and Chromie Squiggles creator Erick Calderon and artist Alexis André, Friendship Bracelets are free. Minting’s open until Jan. 2023 for anyone who held any Art Blocks NFT on the Oct. 26th snapshot, meaning dozens of thousands of addresses are eligible!

The art is amazing, clicking on the NFT gives you instructions on how to make a physical version, it’s open to many, it’s free, and since each minter can claim two pieces the creators are encouraging people to gift their second bracelet to pay it forward.

These are the sorts of delightful vibes you love to see in the NFT ecosystem, and I’m sure there’s more where that came from via Art Blocks!

In the meantime, check your eligibility for the mint and thanks for reading as usual everyone. Now let’s get you caught up on the other big headlines from this week ✌️

-WMP

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📣 General NFT News

Blur, the latest NFT marketplace aggregator, achieved a new volume ATH:

Blur @blur_io

Blur reached a new all time high of 13476 ETH ($20.8M) volume in a day! This is another huge win for the Blur community who will receive a majority of $BLUR. Reminder that you can list on Blur through November to get our second airdrop!

OpenSea unveiled a new NFT copymint detection system and new scam detection systems.
SHARE, a new content distribution system, just deployed on Ethereum and Polygon.

🏆 Digital Collectibles

pfers launched as a free mint for Pooly NFT holders:

dvdsmfer @dvdsmfer

Annoucing pfers. A free mint to all Pooly Supporters, Lawyers, Judges and Open Edition Pfer holders. Snapshot already taken. Minting open NOW. nft.bueno.art/mint/gPPx56RqK…

Punk #8348, the rarest “seven attribute” CryptoPunk, received a new 1,100Ξ bid:

NFTstatistics.eth @punk9059

‘@punksOTC testing out @seedphrase with an 1100 ETH bid on the 7-attribute punk. Fun fact: @larvalabs didn’t know that attribute count mattered. They added attribute count to the website when the community showed they cared about it.

Yuga Labs introduced MB1, a new experiential hub for Meebits holders.

🎨 Cryptoart

Art Blocks secondary volume has surged recently:

catherine @0x_catherine

Art Blocks secondary volume last week was the highest since early July at just over 4,000 ETH (~$6.0M) Over 50% of volume was concentrated in three places:

Art Gobblers, an experimental decentralized art factory by Justin Roiland and Paradigm, launched in explosive fashion.
Chrome Squiggles reached a new ATH high floor price of 17Ξ.
Fidenza #783 resold for 300Ξ:

NFTstatistics.eth @punk9059

Wow. 300 ETH Fidenza sale. Ties it for the 14th highest Denza sale in ETH terms.

SuperRare introduced RarePass: Genesis NFTs, which are yearlong lootboxes that feature works from 24 iconic cryptoartists.

🎮 Decentralized Gaming

Axie Infinity kicked off a battle and crafting contest where Axies with special body parts can earn extra XP rewards.
MetaMask partnered with HyperPlay in a bid to bring crypto wallets to every game.
Ronin Network introduced its new-and-improved mobile wallet.
ZED Run is rolling out core gameplay improvements.

💽 Music NFTs

Bankless published Finding the XCOPY of Music NFTs, a guide to the web3 music scene.

🌐 Virtual Worlds

Decentraland hosted a Day of the Dead celebration.
LandVault launched its new metaverse land discovery platform.

💎 DeFi x NFTs

Uniswap celebrated its 4th birthday.
0xngmi published a thread explaining the design decisions behind LlamaLend, a new NFT lending protocol:

0xngmi (grazing arc) @0xngmi

Why LlamaLend? Here's a thread exploring the current status quo of NFT lending, the approaches that other protocols are taking and why I chose to do things differently for LlamaLend

Weekly action steps

🆕 Read The Case for $15,000 ETH in Bankless (newsletter)
🗣️ Watch the SBF vs. Erik Voorhees Crypto Regulation Debate on Bankless (YouTube)
🌱 Watch The 5 C’s of Studying Networks on Green Pill
🌄 Watch What the Media Gets Wrong About Crypto in Puerto Rico on Overpriced JPEGs — it’s for a good cause!
🙇 Catch up on my other posts 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.

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