Pull together for PoolTogether 🌊
Pooly NFTs, Rarible goes L2, Atari joins web3, & more!
Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles
Dear Bankless Nation,
Leighton Cusack is a co-founder of PoolTogether, the first of its kind no-loss savings dapp on Ethereum.
PoolTogether’s a great project, and Cusack’s a great guy. But what’s not great is how the PoolTogether team (and beyond) have become embroiled in what I and more than a few others estimate to be a totally frivolous lawsuit.
Unfortunately, frivolity doesn’t mitigate the demands of paying for ongoing legal bills. So this week Cusack announced Pooly NFTs, an NFT collection designed to help PoolTogether crowdfund its legal defense.
If you’re interested in helping out, consider checking out the link in the tweet above (there are different support tiers price-wise) or spreading the word to others who may want to chip in.
All that said, thanks for reading. I hope you have a great weekend, but in the meantime let’s get you caught up on the rest of this past week’s NFT news below. Cheers ✌️
-WMP
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🛒 NFT News & Platforms
ENS DAO is looking to hire an NFT artist for a PFP project.
LooksRare updated its NFT search functionalities.
Rarible is deploying on the Immutable L2.
Zora released a series of updates to its Editions tool.
🏆 Digital Collectibles
Cool Pets have now seen +5k hatchings.
Degenz has made quite the comeback.
Lil Nouns DAO was temporarily outpacing Nouns DAO in daily ETH raised.
Prop House, Nouns DAO’s novel funding auction system, invited Zora ZORB holders as voters.
🎨 NFT art
KnownOrigin is reopening its artist application window on June 9th.
Bryan Brinkman signed with the renowned CAA talent agency.
Godmin released God Observer.
🎮 NFT Gaming
Parallel’s Pack Drop IV is coming on June 11th:
Axie Infinity has a new Origin patch deploying today.
Yield Guild Games published an official statement on a recent Merit Circle community proposal aimed at refunding YGG’s investment.
Atari announced a web3 initiative dubbed Atari X.
💽 Music
Coopahtroopa.eth published This Week in Music NFTs - May 23rd.
🌐 Virtual Worlds
Decentraland has paused its planned wearable submission fee adjustment to make time for further community proposals.
Tim Sweeney of Epic Games calls for a metaverse browser.
💎 DeFi x NFTs
Uniswap (whose V3 LP positions are represented as NFTs) has officially facilitated +$1 trillion USD worth of volume:
sudoAMM, a decentralized NFT trading system, is nearing its public release.
Action steps
📺 Watch Scaling NFTs to a billion players with Immutable on Bankless
🧐 Read my latest Metaversal posts The ENS Boom and The new Noun times + my new tactic How to use REDACTED Cartel if you missed them
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!
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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.
gm William,
Really like your content and have been following your work & articles for a while. You’ve written some very very useful pieces and I actually recommend your “How to join a DAO” article when I’m asked how about DAO basics. Btw, “gonna try out nfts” made my day.
I would love to talk to you more about your articles and working in DAOs in one of our Twitter Spaces at StakeborgDAO (https://twitter.com/stakeborgdao).
If you’re interested, please feel free to DM me on Twitter (https://twitter.com/1johnny__) .
Cheers!