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NFTs Are Alive and Well

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NFTs Are Alive and Well

Meet MoonCat Accessories, Zapper NFTs, the Museum of Fine Yams, & more!

William M. Peaster
Jun 4, 2021
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NFTs Are Alive and Well

metaversal.banklesshq.com

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


Dear Bankless Nation,

Recent reports of the “collapse” of the NFT market have been greatly exaggerated.

The thrust of these write-ups? That NFT activity has declined since March 2021. Sure, but there’s still tons of activity happening in the here and now that can’t be ignored. For example, 10 NFT projects alone just accounted for nearly 10k ETH worth of volume over the last week according to OpenSea!

If this is what a cycle-ending NFT market collapse looks like, then what a productive and teeming bear market we already find ourselves in 😂

Don’t worry about the naysayers — we’re all building something special with this ecosystem, regardless of whether the mainstream totally gets that yet or not. Have a great weekend everyone!

-WMP


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


🏆 Digital Collectibles

  • This week CryptoPunk 8562 sold for 105 ETH, and CryptoPunk 843 sold for 102.99 ETH. The throughline? Choice headgear 🧢

  • Ponderware, the team behind MoonCatRescue, announced MoonCat Accessories and a coming Boutique shop creators can sell accessories through 🐱

Twitter avatar for @ponderware
ponderware @ponderware
We are pleased to unveil the upcoming #MoonCats Accessories and Boutique! MoonCats will soon be able to dress to impress~ Learn more about how to get your hands on this EXCLUSIVE #ETH accessory only available to Acclimated MoonCats: reddit.com/r/MoonCatRescu…
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9:01 PM ∙ Jun 1, 2021
226Likes58Retweets

🎨 Cryptoart

  • Bids are streaming in on the iconic cryptoart pieces included in Sotheby’s ongoing Natively Digital: Curated NFT Sale 🎉 

  • Artist Tyler Hobbs announced he’ll be releasing a curated art drop through generative art platform Art Blocks on June 11th ...

Twitter avatar for @tylerxhobbs
Tyler Hobbs @tylerxhobbs
I'm stoked to announce my upcoming curated drop with @artblocks_io on Friday, June 11th! It will feature my newest program, Fidenza, which is easily the most versatile generative art program I've ever created. 1/3
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3:59 PM ∙ Jun 2, 2021
433Likes50Retweets
  • Cryptoart platform SuperRare is looking to hire a Director of Finance 👛

🕹️ NFT Games

  • As digital landowner Flying Falcon pointed out this week, Axie Infinity’s numbers are up across the board since the release of the NFT game’s custom-built Ronin sidechain 📈

Twitter avatar for @Its_Falcon_Time
Flying Falcon @Its_Falcon_Time
Since the launch of Ronin just over one month ago 1) Daily active users up ~150% 📈 2) Axie & Land Volume up ~360% 📈 3) Revenue up ~130% 📈 4) Twitter followers up ~28% 📈 5) Discord users up ~65% 📈 The community is growing fast. Ronin was the catalyst.
4:20 PM ∙ Jun 2, 2021
11Likes1Retweet
  • AavegotchiDAO implemented AGIP6, a proposal to improve Aavegotchi’s play-to-earn mechanics by growing the community’s Player Reward pool.

  • Famous entrepreneur and investor Alexis Ohanian has been exploring Ethereum fantasy ⚽ game Sorare ...

Twitter avatar for @alexisohanian
AlexisOhanian.eth 7️⃣7️⃣6️⃣ @alexisohanian
Hope you all have a great Wednesday. I'm to a good start this afternoon in Paris. How many of y'all play/collect @SorareHQ ?
12:49 PM ∙ Jun 2, 2021
100Likes9Retweets

🌐 Virtual Worlds

  • Artist Matt Kane made an installation in Cryptovoxels to accompany his 118-layered cryptoart piece Meules after Claude Monet, which is being auctioned through Sotheby’s “Natively Digital: Curated NFT Sale.”

Twitter avatar for @MattKaneArtist
ᴍᴀᴛᴛ ᴋᴀɴᴇ 🎨 @MattKaneArtist
Please join me in visiting the @cryptovoxels installation I've made in order to bring a metaverse experience to my #cryptoart work being shown with #NativelyDigital at @Sothebys. cryptovoxels.com/play?coords=W@…
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3:49 PM ∙ Jun 1, 2021
283Likes71Retweets
  • Speaking of Sotheby’s, the auction house has developed a replica of its London headquarters in Decentraland. 

  • Yam Finance teamed up with metaverseDAO to create the Museum of Fine Yams in Cryptovoxels.

  • Decentraland’s Wearables Editor now supports minting on Polygon.

Twitter avatar for @0xPolygon
Polygon (previously Matic) @0xPolygon
🧣The @decentraland Wearables Editor is now live, enabling creators to organize, publish, mint wearables and flaunt them throughout Decentraland! ⌚️The best part: all this at negligible fees. Go forth, mint and flaunt your Decentraland Wearables: builder.decentraland.org/collections
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2:52 PM ∙ Jun 2, 2021
975Likes196Retweets

🛒 NFT Platforms

  • In OpenSea’s latest issue of The Tide, the NFT marketplace announced it had launched a gas-free Polygon trading beta for +20 projects, and Polygon-powered minting is on the slate to arrive soon. 

Twitter avatar for @NTmoney
Nick Tomaino @NTmoney
Sent ETH from the Ethereum mainnet to Polygon to buy an @ethlings on @opensea Accessible NFTs for the masses have arrived. Potentially promising
9:29 PM ∙ May 29, 2021
179Likes22Retweets

💎 DeFi x NFTs

  • DeFi dashboard Zapper.fi unveiled Zapper Quests, which users can complete to unlock NFT rewards. 

  • NFT index token project NFTX is making the final adjustments on its V2 interface. 

  • NFT20 released a new version of its NFT Swapbox smart contract.

Twitter avatar for @NiftyMuseum
Very Nifty @NiftyMuseum
🚨New update alert! A new version of the NFT Swapbox smart contract is out: - Still the only place you can buy and sell NFTs into ETH with 1 click. - Lower gas. - Fees are auto swapped into ETH and sent to the treasury - All new pools automatically added to buy and sell.
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9:23 PM ∙ May 29, 2021
60Likes15Retweets
  • Interest-bearing NFT project Charged Particles is running a yield farming program around its $IONX token.


Action steps

  • 📰 Read “How to Get Virtual Land on Ethereum” by Metaversal

  • 📰 Read “Analyzing NFTs with DeGenData” by Metaversal

  • 📰 Read “How to make money with Uniswap V3” by Bankless


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 RAF GRASSETTI, SECRET WALLS, LOUIS DE GUZMAN, KIDMOGRAPH x JAI WOLF, J. N. SILVA & 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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