Discover more from Metaversal
Budweiser nabs a Noun, OpenSea acquires Dharma, Gem launches, & more!
Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles
Dear Bankless Nation,
These sorts of major pivots are inevitable as NFTs continue to make serious inroads into the mainstream.
Yet at the same time, let’s never ever forget how we got here. And that’s by innovating for ourselves grassroots style with DIY decentralized infrastructure. Infra that for many has provided direct avenues of escape from the various suffocations of corporate hegemonies.
So yeah, us NFTers are cultural trendsetters, and the rest of the world’s just now catching up. We’re not crusading to make everyone use NFTs; rather, in the not so distant future it’ll just be silly not to.
🛒 NFT News & Platforms
OpenSea acquired Dharma.
POAP: the creators of the popular NFT badge system raised $10M.
StockX, an online marketplace and clothes reseller, added support for a NFT Vault system.
Statista: a new study indicates women “make up almost half of NFT ownership across all age ranges.”
Zora holds its first Zorb community vote.
🏆 Digital Collectibles
CrypToadz now has a community grants program, kicked off with a 40 ETH allocation.
CryptoBatz sold out in rapid fashion.
Cool Pets, the Cool Cats expansion collection, will have a mint price of 0.5 ETH.
Sarah Zucker released the Promethea collection on Nifty Gateway.
Circular Art, a generative art platform on the Optimism L2, launched the Octavas collection.
🎮 NFT Games
Chainfaces Arena has now seen +1,600 rounds!
Layer Zero: this week Bankless co-host David Hoffman interviewed Jonathan Mann, a.k.a. Song-A-Day-Man.
sound.xyz: the platform’s first 25 releases have all sold out within one minute flat!
🌐 Virtual Worlds
NFTBank.ai now tracks Cryptovoxels parcels in its mobile app.
Decentraland rolled out a new My Store marketplace section.
The Sandbox launched a dedicated Twitter account for The Sandbox Marketplace.
EnterDAO’s land renting marketplace is live.
💎 DeFi x NFTs
Abracadabra.money introduces NFT peer-to-peer loan service.
Gem, a super efficient NFT marketplace aggregator, is now live.
NFTX launches inventory staking! Now you can earn yields on the platform while avoiding the risk of impermanent loss (IL).
Vesper Earn: a new Vesper opp will let you earn yield on your DAI in the form of NFTX PUNK tokens.
Read A quick guide to Treasure by Metaversal
Read On NFT maximalism by Metaversal
Read How to get paid to learn about crypto by Bankless
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
Unstoppable Domains is The #1 provider of NFT domains. With endings like .crypto, .x and .nft you can replace your long complex wallet addresses, verify ownership of your NFTs, login into web3 apps and join 10’s of thousands of people using them as their Twitter usernames. Better yet, with Unstoppable domains you don't have to worry about gas or renewal fees, YOU OWN IT.
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.