The new oldest NFTs on Ethereum? 🧐

1k ETH MAYC loan, OpenSea gets Optimistic, Zora’s Future Tape, & more!

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

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Dear Bankless Nation, 

Ethereum officially began on July 30th, 2015. 

Long time ago, right? Take note then, because yesterday people rediscovered and started minting from Name Registrar, a simple ENS-like project that was launched on August 8th, 2015 — just a week after Ethereum launched!

As you can imagine, many people are very excited about the find because it appears Name Registrar is now definitively the oldest NFT project on Ethereum by a couple of months. 

Leonidas.og @LeonidasNFT

1/ It appears that potentially the oldest and now first NFT on Ethereum was just rediscovered. 🧵 The contract is a domain name registrar (similar to ENS) that was deployed on August 8th, 2015. If you are going to interact, use a burner! Minting app: …end-r8fo-lwgtgpmc6-mkjuice.vercel.app

In less than a day since the rediscovery, NFTers have already minted more than 100,000 of these names! The thread above highlights a community-made minting app, yet if you try it only mint with a burner wallet for now since the underlying smart contract remains unverified. 

It’s fascinating that NFT archaeology efforts are turning up these sorts of early pioneering efforts, and I’m expecting plenty more interesting rediscoveries in the years ahead. In the meantime have a great weekend everyone, thanks kindly for reading ✌️

-WMP

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📣 General NFT News

• Disney is looking to hire a transaction lawyer for its future NFT projects. 

• JPG, an NFT curation protocol I contribute to, just opened to everyone and launched a revamped curator tooling system. 

• MetaMask rolled out its new Portfolio Dapp, which includes support for NFTs across multiple chains. 

• OpenSea launched support for the Optimism L2. 

• Quix, an NFT marketplace on Optimism, now shows $OP “cash back” rewards in-cart:

Quix 🔴✨ - Optimism NFT Marketplace @qx_app

Product Update ✅ $OP Rewards are now available on cart purchases 🛒🛒

🏆 Digital Collectibles

• Beans, a Nouns DAO fork, published “An Anatomy of a Bean” ahead of its upcoming mainnet release.  

• Meta opened up digital collectibles support for all users on Instagram and Facebook. 

• Redlion, the first NFT-based news periodical, is preparing to launch a PFP project. 

🎨 Cryptoart

• Art Blocks is ending its Curated drops series designations — there will still be Art Blocks Curated releases but they will no longer come in numbered series, e.g. Series 1, Series 2, etc. 

Art Blocks @artblocks_io

The sun is setting on Art Blocks Curated collections series designations. Here is a short look back at the incredible community, artists, and collectors who brought Art Blocks to life. While the Curated Collection will live on, Series 8 will be the last one of its kind.

• SuperRare unveiled its first $RARE token-gated merch drop, designed by artist Bryan Brinkman.  

• QQL #14 by Tyler Hobbs sold for 100 ETH:

NFTStatistics.eth @punk9059

And a QQL sold for 100 ETH. 🤔

🎮 Decentralized Gaming

• Axie Infinity launched its 3rd Esports Grants wave to the tune of 160k AXS tokens. 

• GameStop ran a campaign that offered free Gods Unchained cards to its PowerUp Rewards Pro users. 

💽 Music NFTs

• Future Tape, the first mobile music NFT app, is out via Zora:

🌜🌞🌛 @ourZORA

Future Tape: → All artists. → All platforms. → All blockchains. Listen, discover and collect on the premier app for Music NFTs. Download now: ↳ zora.co

• Warner Music Group partnered with OpenSea to create web3 opportunities for WMG musicians. 

🌐 Virtual Worlds

• The Matthew and Rizzle Show published an interview with Paradoxx.eth, the NFT ecosystem’s metaverse videographer extraordinaire. 

💎 DeFi x NFTs

• fragment borrowed 1,000 ETH against two “mega” MAYC NFTs via NFT borrowing and lending protocol Arcade:

0xTIGΞR @PltTiger

1000 ETH was borrowed against two mega mutants today on @arcade_xyz! The payback is set to be 1,044 ETH in 90 days (18% APY). Additionally the borrower (@fragmentxyz) has bought a third mega mutant from @machibigbrother

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Action steps

• 🔥 Read The Ultimate Guide to NFTfi by Donovan Choy in Bankless

• 🙇 Catch up on my other write-ups from this week: 

  • How to backup your NFTs

  • How to lend and borrow NFTs

  • Creating an NFT drop on Optimism

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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.

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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.