Discover more from Metaversal
NFT governance experiments 🧪
MOCA goes Webaverse(al), squiggleDAO's LPing, VRGDAs arrive, & more!
Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & digital collectibles
Dear Bankless Nation,
Last weekend, the BLVKHVND esports DAO won a world championship event, becoming the first decentralized organization to achieve a world title!
The win was amazing, and it’s also among a spate of interesting advances that are coming to the fore around the crossroads of decentralized governance and NFTs right now. Some other things I’m watching excitedly include:
😜 jokedao innovating a new community-driven NFT governance system.
💡 Lil Nouns DAO pioneering an idea board system that’s poised to become adopted by DAOs far and wide.
🍴 Nouns Builder nearing, so soon projects can easily customize their own Nouns DAO forks.
🧃 Juicebox now being able to field NFT mint proceeds directly from Zora sales into a decentralized treasury.
Pay attention to these types of frontier NFT-adjacent governance experiments, because they’re paving important new pathways for the decentralized social happenings of tomorrow. In the meantime, thanks for reading and have a great weekend ✌️
📣 General NFT News
eth.link is down.
nameless introduced StealthTest, a private cloud-based testnet for QA testing NFT projects.
Nouns DAO started the ninth round of its Launchpad program for Nounish builders.
🏆 Digital Collectibles
Pudgy Penguin #6873, the rarest NFT in the collection, resold for 400 ETH:
0xngmi released Tubbysea, a friendly experimental borrowing protocol for tubby cats holders.
Yuga Labs said it will only recognize the PoS Ethereum chain post-Merge.
Chromie Squiggle #7046, a rare HyperRainbow, was acquired by Kevin Rose for 150 ETH:
Proof of Beauty is holding a free mint of generative on-chain pixel art next week in honor of Ethereum’s upcoming Merge upgrade.
Don’t Panic by XCOPY resold for 500 ETH on SuperRare:
🎮 Decentralized Gaming
BLVKHVND became the first esports DAO to win a world title by topping the first-ever Pokémon UNITE Championship event. Bravo, and godspeed!
Axie Infinity released its latest balancing patch.
Aavegotchi announced FAKE Gotchis, a community-driven art collection.
TreasureDAO kicked off Bridgeworld Games by rolling out Harvesters, which are a new tool for farming MAGIC.
💽 Music NFTs
Coopahtroopa published This Week in Music NFTs - August 22nd.
🌐 Virtual Worlds
Decentraland kicked off its Metaverse Art Week festivities.
MOCA launched its first Webaverse world:
Voxels listed new Chronos parcels.
💎 DeFi x NFTs
Gem integrated sudoswap listings:
Hook, a new NFT call options protocol, launched on Ethereum.
squiggleDAO is now the largest liquidity provider of Chromie Squiggles on the peer-to-peer NFTfi lending platform.
SudoRare, a low-effort fork combo of LooksRare and sudoswap, rug pulled within hours of launching.
Uniswap is in talks with seven NFT lending protocols in an effort to unify liquidity in the NFTfi sector.
UNI holders approved the creation of the Uniswap Foundation.
📸 Watch the new Magic Eden Deep Dive episode on Overpriced JPEGs
🧐 Catch up on my other write-ups from this week:
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!
🙏Thanks to our sponsor
Build user-friendly web3 applications with ease and deliver a seamless web3 experience to your users! Sequence is a comprehensive developer platform and smart wallet for the Ethereum + EVM ecosystem.
Seamless and secure onboarding
No gas fees for your users
Direct NFT purchase with credit/debit
NFT marketplace protocol, and more tools, so you can deliver a seamless web3 experience to your users.
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.