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NFTs: class of 2022
BAYC flips ‘Punks again, Nate Alex launches Chainfaces Arena, Showtime unveils marketplace, & more!
Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles
Dear Bankless Nation,
There’s this joke that the year you dive into crypto is your class year.
For example, I’d be from the class of 2017. And with “crypto time” moving as fast as it does, by the end of that year I’d learned so much that I was ready to “graduate” and start flapping my wings in the space. Now here I am years later, writing this newsletter to you in 2022!
When I look back, getting my footing in 2017 was pivotal to my journey. So as we enter this new year, I say let’s try to be as helpful as possible to all the new people coming to crypto and NFTs that will be making up the class of ‘22.
Many of these folks will go on to do incredible things; let’s do what we can to get ‘em there!
🛒 NFT News & Platforms
Zora Zorb minting completed this week.
CoinGecko published an epic How to NFT book.
Showtime unveiled its gas-less, Polygon-based NFT marketplace.
LooksRare, an upstart NFT marketplace, announced its arrival.
Samsung created an NFT platform for its new smart TVs.
Gamestop is reportedly planning to develop its own NFT marketplace.
JPG, an NFT curation platform I contribute to, just raised $3.8M in seed funding.
🏆 Digital Collectibles
Bored Ape Yacht Club floor prices (currently ~68 ETH) flipped CryptoPunks floor prices (currently ~60 ETH) for the 2nd time ever this week.
CryptoPunk #2681, a rare Zombie Punk, saw a whopping 900 ETH secondary sale.
Pranksy swept the Doodles floor via Genie.
Blitmaps: this week dev and Blitmap artist BigPapap posted a brief history of the collection.
gmoney.eth purchased Noun 165.
NounPunks, a new Nouns- and Punks-inspired collection, minted out.
XCOPY: the artist’s All Time High in the City was acquired on SuperRare for 1,630 ETH.
DeeZe collected XCOPY’s Blood Run for 242.69 ETH.
dom, a Nounder and the creator of Blitmaps and Loot, is working on something new. Looks cool!
🎮 NFT Games
Axie Infinity published some short-term considerations around SLP economics.
Sunflower Farmers, a play-to-earn game, has driven Polygon gas prices to new heights.
Jonathan Mann published a history of his Song a Day project.
Daniel Allan saw his Overstimulated (EP) sell out in under a minute via sound.xyz.
Beat Foundry will go live later this month.
🌐 Virtual Worlds
Larva Labs announced the Meebits API, which will let metaverse projects access rigged model files for Meebits.
Decentraland introduced royalties to its marketplace system.
Cryptovoxels auctions for Scarcity Island are returning Jan. 11th.
💎 DeFi x NFTs
Sudoswap rolled out an anti-phishing mechanism.
FloorDAO said it intends to use NFTX and Olympus to “build a treasury of blue chip NFTs.”
Read State of the NFTs by Metaversal
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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, DeFi Pulse, JPG, and beyond!
🙏Thanks to our sponsor
Polygon Studios is on a mission to help build digital culture, play-to-earn gaming, NFTs, and the Metaverse ecosystem on Polygon. Some of the key projects supported by Polygon Studios include The Sandbox, Skyweaver, Big Time, Crypto Unicorns, and Decentraland—among others. Polygon Studios also helps fundraising & onboarding. Check it out here.
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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.