Shifting NFT sands 🏜️
APE stays on Ethereum, CryptoPunks bday, sartoshi vanishes, & more!
Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles
Dear Bankless Nation,
Over the past week new NFT projects blitzed onto the scene, new faces arrived, and new narratives gained ground.
Metaphorically speaking, the ground beneath you can shift rapidly in this ecosystem. And oftentimes this rebalancing seems to happen just as soon as you’ve gained your footing from previous shiftings.
That said, stay nimble and curious. Tap into our space’s hivemind when you need to learn more. Keep your eyes peeled. Your crypto and NFT skill trees will grow with each passing day, and more and more your talents will sharpen for whatever comes next here.
In the meantime, let’s catch you up on some of the biggest NFT happenings from recent days. Thanks for reading as always, and have a great weekend everyone.
🛒 NFT News & Platforms
OpenSea outlined how it intends to curb fraud and plagiarism.
PartyDAO raised $16.4M.
PoolTogether raised 100% of its legal crowdfunding goal via Pooly NFTs.
Prop House, a novel Nouns DAO community fundraising project, welcomed a mfers house:
Shibuya released Chapter 2 of its White Rabbit series.
x2y2 is currently the 2nd-largest NFT marketplace per activity levels:
🏆 Digital Collectibles
CryptoPunks celebrated its 5th birthday.
Yuga Labs permanently renounced ownership of the Bored Ape Yacht Club collection’s smart contract.
sartoshi transferred control of the mfers project to the mfers community and then vanished.
We Are All Going to Die (WAGDIE), a new free-to-mint collection, topped the ecosystem’s volume charts on the week.
Pace Verso, an international art gallery, entered into a partnership with Art Blocks that will center around generative art releases.
Mitchell F. Chan is preparing to release a new NFT project, Beggars Belief.
🎮 NFT Gaming
Axie Infinity is hosting an Origin Championship event this weekend.
StarkNet’s gaming ecosystem is coming together nicely:
Async Art launched Music Blueprints, a generative music publishing system for creators.
Mint Songs V2 launched.
SporesDAO released Spores, a music NFT remixer:
Coopahtroopa.eth published This Week in Music NFTs - June 6th.
🌐 Virtual Worlds
Decentraland is voting on whether to add Woodies to its Linked Wearables Registry.
Voxels kicked off its Chronos Island festivities:
Voxels @cryptovoxelsClimate Change poses a huge challenge to the world. And we are responding by turning back the clock. To a climate in harmony with the earth. Join the four seasons leaders on Chronos Island! DA starting June 7th (US) | June 8th 2022 (NZ) #metaverse #NFT https://t.co/lUejVwWEBy
💎 DeFi x NFTs
APE holders voted to keep ApeCoin in the Ethereum ecosystem for now.
JPEG’d activated support for Bored Ape and Mutant Ape lending.
MakerDAO celebrated World Environmental Day with a commemorative POAP collection:
📺 Watch Soulbound | A Discussion with Vitalik Buterin and Evin McMullen on Bankless
📺 Watch Interview with MeebitsDAO’s Danny Green on Overpriced JPEGs
📺 Watch The World Game with METADREAMER on Green Pill
🧐 Catch up on my other write-ups from this week:
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.