NFTs in the real world

Tubby Cats surge, Cryptovoxels caps its land system, Aika opens up time minting, & more

Feb 25, 2022

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

Dear Bankless Nation,

Russia invaded Ukraine this week.

The conflict has stunned the world and left many of us on the outside feeling helpless. In times like these, what should we do?

Bankless 🏴 @BanklessHQ

The Bankless Nation is a borderless one. And yet, our members are not borderless. They're real people, with real problems, and right now, some of them could really use our love and solidarity. Much love to @kitartoan of #BanklessRU. #BanklessNation

Alex Stoiko | (🇺🇦, 🇺🇦) 🦇🔊 @kitartoan

@RyanSAdams I don't know what's going to happen to me and my family tonight, but still, I'm glad I contributed to Bankless Nation. 🏴 Reaching out to you, Ryan and David, and seeing your recognition of my work was a professional peak for a guy from a small ukrainian city. Forever greatful.

Sometimes the crypto and NFT ecosystem can feel like its own little game, its own little world. Yet the war in Ukraine this week reminds us that ultimately there’s no escaping the real world and its worst and very real problems.

In the face of these problems, we here might feel helpless today but if we stand together and use our borderless digital resources, we can render real aid across real borders, too.

andrew wang @andrwwang

Announcing: RELI3F, a web3 initiative to provide global humanitarian aid. our first collection is in support of the people of Ukraine, and includes 27 of our space's most influential artists, some of whom call Ukraine home.

Never forget that. And may Ukraine and peace prevail.

-WMP

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🛒 NFT News & Platforms

OpenSea faced an unprecedented phishing incident last weekend. The attack vector officially closed today with the completion of OpenSea’s listings migration event.
Coinbase NFT marketplace sign-ups are approaching 4M and counting…

croissant @CroissantEth

Coinbase NFT has 3,701,544 users signed up on their waitlist. This number will nearly 𝘵𝘳𝘪𝘱𝘭𝘦 the amount of wallets interacting with non-fungible tokens. NFTs are going to take ETH to a bull market whether people like it or not.

The Graph just launched an onchain permissioning system via NFTs.
Newt, Aave’s experimental arm, unveiled Aika: a platform for minting your time as NFTs.

Newt (🦎,🦎) @wearenewt

2/ Time is our most valuable asset & it’s the perfect complement to a growing segment of Web3: the future of earning. With Aika, your time can be minted & sold as NFTs on Polygon, immutably recording events and your work on the blockchain. Read more here: mirror.xyz/wearenewt.eth

Polkadot and Kusama are adding support for NFTs.

🏆 Digital Collectibles

Tubby Cats arrived with a “novel thoughtful approach” and are cheering up Crypto Twitter en masse:

Bryce @Brycesworld

In an effort to bring some cuteness to the timeline today I’m starting a tubby train, show us your @tubbycatsnft

Deadfrenz, the DeadFellaz expansion collection, had their metadata revealed.
HOWLERZ minting is kicking off imminently.
HOWLERZ @HOWLERZNFT
Gm… u ready, anon???🐺 a final reminder: DO NOT MINT from any random contracts floating around in the ether. If I don’t tweet it, it’s not legit. Don’t fomo. Fomo is the mind killer. There is no Discord (yet) I have no “team” the site is NOT live and I will never DM you. Awoo ❤️
1:05 PM ∙ Feb 25, 2022
2,902Likes462Retweets
HyperLoot minting is set to begin on March 3rd.
Forgotten Runes Wizard’s Cult have a new bespoke marketplace in forgotten.market.

🎨 Cryptoart

Erin Beesley, an acclaimed cryptoartist and coder, is releasing Pseudomods on Art Blocks on Mar. 1st.
Right Click Save just hosted an intriguing piece by Luba Elliot called “Clip Art and the New Aesthetics of AI.”

🎮 NFT Games

Axie Infinity has passed $4B in lifetime NFT trading volume.
Guild of Guardians is partly developed by the Ukrainian-based Stepico-team, which has evacuated to Lviv in light of the Russian invasion.

💽 Music

OpenSea added a music category tag to its collection creator UI.
Sound unveiled a song splits feature.
Spotify is looking at Web3 hires.

🌐 Virtual Worlds

Cryptovoxels announced that it would cap its parcels at 70,000 LAND.
Webaverse has already welcomed the Tubby Cats…

Webaverse @webaverse

Congrats @tubbycatsnft on successful launch. The art and community is amazing 🔥 in the spirit of cc0, we quickly made some 3D tubbycats which we would like to share with the community tinyurl.com/TubbyModelsCC0 looking forward to seeing amazing ones from everyone 🚀

Webaverse @webaverse

tubby style - walk n glide... walk n glide.. ⛸️ wots the ting in green 👀👓 🔊 https://t.co/jg3mMgiDHR

💎 DeFi x NFTs

NFTX just celebrated its 1st birthday here 🎂
SuperMassive published an awesome explainer vid covering The Idols, a new NFT collection whose NFTs are backed by Lido staked ETH (stETH):

The Defiant @DefiantNews

Is @TheIdolsNFT the NFT/DeFi crossover we’ve all been waiting for? Mint proceeds will be converted to stETH on @LidoFinance and NFT holders will earn the staking rewards in perpetuity. @IamSuperMassive takes a #FirstLook👇 youtube.com/watch?v=6ceiTU…

youtube.comIs this the NFT/DeFi crossover we’ve all been waiting for? Idols stETH BOND $virtueThe Idols is a collection of 10,000 unique NFTs living on the Ethereum blockchain. Similar to other projects, Idol NFTs will serve as a proof of membership t...

Action steps

📺 Watch Carlly Reilly interview SuperMassive and Dr. Sian Proctor for Overpriced JPEGs
💸 Read How to get started in DeFi 2022 edition by Bankless
🕵 Read How to find cool NFT projects by Metaversal
👨‍💻️ Read 8 NFT jobs to watch by Metaversal

Author Bio

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!

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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.