NFTs in Q1 2021: A+

SuperRare raises $9M, EulerBeats launches Engima, & more!

Apr 2, 2021

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

Dear Bankless Nation,

With Q1 2021 now over, it’s worth noting the NFT ecosystem really shined over the last three months.

Veteran projects performed well and started garnering mainstream interest, and we also saw a flurry of promising upstart projects arrive that are opening up new possibilities around NFTs.

Taken altogether, you just have to be excited about NFTs right now. The possibilities of this technology have never been more wide open, and many of us can see the fun is only just beginning.

If you know, you know!

-WMP

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

🏆 Digital Collectibles

There’s a new standing bid of 3,000 ETH (~$6M) on rare alien CryptoPunk #3443!

CryptoPunks Bot @cryptopunksbot

Punk 3443 has a new bid of 3,000 ETH ($5,915,879.88 USD) placed by 0x78b58e. larvalabs.com/cryptopunks/de… #cryptopunks #ethereum

The current CryptoPunks price floor is ~15 ETH.
On-chain generative music project EulerBeats released its second collectibles collection, Enigma 💽

🎨 Cryptoart

Popular cryptoart platform SuperRare raised $9M in its Series A funding round.
The artist Pak is getting ready for their Sotheby’s NFT drops 🖌️

Pak @muratpak

Nifty Gateway had an action-packed week of open edition drops from artists like Kidmograph, Ferry Corsten, and more.
Verdigris Ensemble + Bryan Brinkman are collaborating on the first programmable music release on Async Art.
Artist Kjetil Golid released the Paper Armada series, his first through the Art Blocks Playground.

Kjetil Golid @kGolid

My new project, Paper Armada will be dropping on the Art Blocks Playground tomorrow, March 31st @ 5pm UTC! artblocks.io/project/37

🕹️ Blockchain Games

DeFi-centric NFT game Aavegotchi just launched its 4th raffle giveaway contest.
Illuvium, a coming auto battler game, successfully completed its Balancer Liquidity Pool Launchpad (BLP) for its $ILV token.
After a brief and baseless suspension, the Axie Infinity Twitter account has returned.

Axie Infinity @AxieInfinity

We're back 🙌 It's been an honor to witness the outpouring of support from this community. Each and every one of you is an important voice in our revolution. It's clear now that the stakes are higher than they've ever been. It's time to build more freedom, together.

Global fantasy ⚽ game Sorare is currently investigating some compromised accounts.

Sorare @SorareHQ

Hi Managers, Attached is a message we've just shared in our Discord. Please read it and take care. Best, The Sorare Team

🌐 Virtual Worlds

Cryptovoxels is holding 3-day auctions for Milan, Helios, and Poneke parcels right now.

Cryptovoxels @cryptovoxels

Okay, this weeks listings are up! 🔨 3 day Auctions, selling Milan, Helios and Poneke. Auctions start at 0.5 Eth and the reserve price is 1 Eth. I'm hoping we get some awesome Maori art on Poneke.

Decentraland has integrated with the Polygon scaling solution to avert high gas fees.
The Artvatars project has completed their HQ build in Somnium Space.

Artvatars @artvatars

Here is the Artvatars building in @SomniumSpace There will be a party there for the launch. You can visit it with any device as a guest and without registration with the following link: somniumspace.com/parcel/606 #artvatars #nftcollector #nftcollectors #NFTcollectibles #NFTs

The Sandbox gaming world just launched its NFT Marketplace beta.

🛒 NFT Marketplaces

Favoriting is now live on OpenSea! Favorite your favored projects and easily keep track of them in your OpenSea profile!
OpenSea and Immutable X have partnered up to bring Immutable X’s L2 collectibles to OpenSea’s marketplace.
Meet Palm, a new NFT ecosystem + marketplace that’s gunning to create a very UX-friendly platform for NFT users.
NFT marketplace Cargo has integrated support for inexpensive NFT minting via the xDai sidechain.
Rarible partnered with FM Gallery 🎨

💎 DeFi x NFTs

You can now borrow against NFTX’s $PUNK and $MASK tokens on Ruler Protocol.
Very Nifty has added flash loan support for any of nft20’s NFT pools.
VC firm a16z released the a16z NFT Canon, a collection of important and helpful NFT resources.

Action steps

📰 Read “zkEVM + NFT = The Future” by Metaversal
📰 Read “How to Mint Art Blocks NFTs” by Metaversal

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🙏Thanks to our sponsor

Nifty Gateway

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

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.

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👉 NEW DROPS BY TOM YOO, GARY CARTLIDGE, & MORE OUT NOW!

Lastly, congratulations to subscriber Julian Johnson for winning the final Unstoppable .crypto domain of the Metaversal giveaway contest! Enjoy your new .crypto NFT! 🎉

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.