NFTs on the other side

BAYC’s Otherside nears, Optimism unveils soulbound NFTs, Ronin's post-mortem, & more!

Apr 29

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

Dear Bankless Nation,

Tomorrow Yuga Labs launches minting for its Otherdeeds metaverse plots, which will be priced at 305 $APE each.

These plots will offer holders digital real estate in Yuga’s highly-anticipated Otherside adventure, so we’re seemingly on the verge of the biggest mint event and the biggest metaverse project the NFT space has seen yet.

Unsurprisingly, this enterprise’s arrival has so many implications for our space. How will things fare and evolve around the NFT ecosystem once the ecosystem’s on the other side of the Otherside’s genesis?

We’ll just have to wait and see, but get ready as things may get a little wild over the coming days. Whatever happens, I hope you enjoy your weekend and thanks kindly for reading ✌️

-WMP

🙏 Sponsor: Brave Wallet - the secure crypto wallet. No extension required.✨

🛒 NFT News & Platforms

MoonPay is recruiting engineers for HyperMint, which is aimed at becoming “the Amazon Web Service of NFTs.”
OpenSea acquired Gem, a popular NFT marketplace aggregator.
Optimism, an Ethereum L2, unveiled a dual-token governance system that will involve soulbound NFTs.
Ukraine launched a website where people can donate and buy NFTs to help support the country’s defense.

🏆 Digital Collectibles

Akutar refunded 863 ETH to Akutar Pass Holders who bid in the project’s botched Dutch Auction event.
Bored Ape Yacht Club’s Instagram was hacked. In other BAYC news, the floor price of a Bored Ape NFT reached a new high of +152 ETH.
Meebits are on the verge of receiving new utilities, per Yuga Labs co-founder Gordon Goner.
Moonbird #2642 sold for 350 ETH.
PILLS is conducting an airdrop to CrypToadz holders in the near future:

PILLS @pillsuniverse

Dropping to @cryptoadzNFT holders in the coming weeks. We'll shortly announce both the eligibility criteria to receive one, and the pill's utility.

🎨 Cryptoart

dun released The Hours series on Async Art:

Async Art @AsyncArt

"The Hours", the #AsyncArt Blueprints collection by @dunartist is now LIVE for Public Sale! 🎉 🎉 Check out the collection here and mint your own Edition: async.art/blueprints/625…

Osinachi released Choose the Man You Will Become II, also on Async Art:

Osinachi 🎨 @osinachiart

Now live on @AsyncArt ‘Choose the Man You Will Become II’ Bidders on any layer will receive the teaser for the drop while successful collectors will receive the trailer. Master collector gets both! Bid here async.art/art/master/0xb… See reserve price and auction details👇🏿

SuperRare is hosting its first pop-up gallery in Soho, New York, from May through August.

🎮 NFT Gaming

Axie Infinity started the final season of Axie Infinity: Classic.
Ronin published a post-mortem on the Ronin Bridge exploit.
VaynerSports signed NFT gamer and Loot Squad co-founder Brycent:

brycent 🚀 @brycent_

I signed a deal with @garyvee & @ajv to join @vaynersports. Here are my thoughts on the deal and what to expect going forward: 🥳 🔥 What happens next? 🚀 Our plans for NFT Gaming 💙 Loot Squad x Vayner Sports Watch Now: youtu.be/sjASzbpxlvU

Yield Guild Games entered into a partnership with BreederDAO, a game asset production factory.

💽 Music

Coopahtroopa.eth published This Week in Music NFTs - April 25th and a Music NFT Landscape Q2 2022 update:

Coopahtroopa 🔴_🔴 @Cooopahtroopa

Music NFTs. Q2 2022.

Sound, a platform for web3 musicians, has reached its first 2k collectors.

🌐 Virtual Worlds

The Otherside metaverse land sales kick off tomorrow, April 30th:

OthersideMeta @OthersideMeta

Also, we’ve heard from the community that we should allot more time for users to set pre-approval for ApeCoin. So starting at 9am ET on 4/30, users will be able to do this. The actual sale will not begin until 9pm ET, a full 12 hours later.

Cryptovoxels started what will likely be the last parcel listings for Venice Island.
Decentraland held a metaversal marathon in collaboration with Degree this week:

Vitalis @Vitalis137

The metaverse's first-ever marathon! 🏃 @decentraland @Degree #metathon #DegreePartner #BreakingLimits #NotDoneYet

💎 DeFi x NFTs

JPEG’d launched its NFT lending protocol.
Abracadabra.money introduced the AbraNFT peer-to-peer NFT lending market.

Action steps

📺 Watch Sky Mavis’s Quinn Campbell talk NFT gaming on Overpriced JPEGs
📺 Watch The Optimism Collective and $OP Airdrop #1 on Bankless

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, JPG, and beyond!

Subscribe to Bankless. $22 per mo. Includes archive access, Inner Circle & Badge.

🙏Thanks to our sponsor

BRAVE WALLET

Brave Wallet: the secure crypto wallet, built directly into the browser.

Buy, store, send & swap assets. Manage NFTs. Connect other wallets & DApps. All from the security of the best privacy browser on the market.

Ditch those risky extensions. It’s time to switch to Brave Wallet.

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.

Bankless