Optimistic NFTers 😄
Accidental CryptoPunk sale, Axie Infinity launches Katana, SuperRare’s making moves, & more!
Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles
Dear Bankless Nation,
We’re at the precipice of the open metaverse. There’s a tangible sense of optimism in the air.
We have hope in each other and in our growing toolboxes, e.g. NFTs, DeFi, DAOs, L2s. We have hope we can face everything ahead with skill, wisdom, and resolve.
There’s tons of work left to do in all directions, to be sure!
But pound for pound I don’t think you’ll find a more optimistic space than what we have here right now. Hold on to that, and fight for it. It’s priceless and will lead to much good.
As always, have a great weekend everyone and thanks for reading!
-WMP
🙏 Sponsor: Zerion—Your Gateway to the Metaverse✨
🏆 Digital Collectibles
A seller accidentally sold CryptoPunk 7557 for 4.44 ETH 😢
Hyppe’s Alpha Race #1 is now finished!
NFT avatar experiment project Nouns DAO just launched small grants funding for creative contributions to the Nouns ecosystem.
Speaking of Nouns, check out their new temporary Brave browser takeovers:
The Matrix PFPs coming to a Nifty’s near you.
Larva Labs just released 3D Meebits models. (Check out this guide on the VRM model).
🎨 Cryptoart
Artist Ben Kovach is releasing Edifice as an Art Block Curated series this upcoming Monday.
A massive 1330 ETH bid on XCOPY’s A Coin for the Ferryman was accepted!
Big month for music NFTs on Catalog!
SuperRare: all SR artists can now use Series contracts, new SR volume record for Oct. 2021, and an exhibition with ART X Lagos.
🎮 NFT Games
Axie Infinity launched Katana, the leading NFT game’s new bespoke decentralized exchange.
EA hails NFTs as “future of our industry.”
Check out the Illuvium gameplay reveal trailer.
The Parallel Pack Drop 2 sold out in less than 10 seconds.
🌐 Virtual Worlds
The Sandbox team just raised a $93M Series B 🏖️
Decentraland DAO votes to make a donation to the Blender Foundation, the organization behind the open-source 3D creation tool. It’s a big deal.
Cryptovoxels activity is trending sharply up! Also, Igloo parcels just dropped.
Why we need an open metaverse? Centralized app stores “are like armed checkpoints.”
🛒 NFT News & Platforms
NFT-native investment firm Sfermion just raised $100M.
MetaMask activated support for ERC-1155 NFTs and NFTs with IPFS-linked images.
💎 DeFi x NFTs
Remember Axie Infinity’s Katana? The DEX is now offering RON liquidity rewards for two pools, AXS-WETH and SLP-WETH. Yield farm cautiously and responsibly, if you try.
Action steps
🛡️ Read A defense of Ethereum and NFTs by Metaversal
🌠 Read Ethereum is metaverse infrastructure by Metaversal
Subscribe to Bankless. $22 per mo. Includes archive access, Inner Circle & Badge.
🙏Thanks to our sponsor
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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.
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