NFTs in Q1 2021: A+

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

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!

  • 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 🖌️

🕹️ 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. 

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

🌐 Virtual Worlds

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

  • Decentraland has integrated with the Polygon scaling solution to avert high gas fees.

  • The Artvatars project has completed their HQ build in Somnium Space.

🛒 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


Action steps


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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.

👉 Visit NiftyGateway.com and start your NFT Collection today!

👉 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.