The next fun things 🎟️
amazon.eth $1M bid, Moonbird Oddities reveal, NFTX’s new Yield site, & more!
Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles
Dear Bankless Nation,
Minecraft's new NFT ban misses the forest for the trees. It's like saying "we won't do web stuff" during the early blossoming of the internet.
The next waves of great fun things will be built on and around NFTs. Believe that!
Why? Because the "open garden" cultural surge that NFTs foster and the ability to use these digital objects in unprecedented ways will lead to brave new territories of funness over the decades ahead.
More simply put, NFTs will play a major role in redefining what fun looks like in the 21st century. The NFT ecosystem has already started decisively on this path, and this reality won't be ignorable by the powerful forever.
Going forward, the possibilities around tokenized digital things are endless, and here the game is just starting, so to speak. So don't worry about Minecraft, they'll come around one day. In the meantime, thanks kindly for reading and have a great weekend everyone ✌️
🛒 General NFT News
amazon.eth received a 1M USDC bid.
Franklin Caldwell, a Bored Ape whale, accidentally bought his own joke ENS domain for 100 ETH.
MetaMask is working on a new confirmation window that will help mitigate SetApprovalForAll NFT scams:
OpenSea introduced a Solana launchpad.
PREMINT had its website temporarily commandeered by a hacker, who then stole ~$375k USD worth of NFTs.
PREMINT also acquired NFT authorization service Vulcan.
The U.S. Office of Ethics issued new NFT rules for executive branch employees.
Yuga Labs warned of a “persistent threat group” that may be on the verge of launching a coordinated attack against multiple NFT communities.
Moonbirds held its Oddities reveal:
Nickelodeon launched its Rugrats PFP collection.
Yuga Labs is estimated to have made the equivalent of ~$150M USD via NFT royalties to date.
Gremplin auctioned Bufo Canicidus via Endaoment for 3 ETH, the proceeds of which will fund conservation efforts around the Colorado River Toad.
The VerticalCrypto Art Residency Program celebrated its 1st birthday.
Pxls, a cryptoart project on StarkNet, is launching.
🎮 NFT Gaming
Axie Infinity unveiled its first Lunacian Summer skins:
Cool Cats is holding a Fall Guys tournament next week that will have unminted Cool Cats up for grabs as prizes:
Sablier token streaming is now live on Ronin.
Square Enix is teaming up with Enjin to create 25th anniversary NFT collectibles for Final Fantasy VII.
Sound has paid its artists over $3M worth of revenues to date.
Spores launched an Acoustify functionality.
🌐 Virtual Worlds
Nike x RTFKT released AR Genesis Hoodie NFTs, which are digitally compatible with Clone X avatars and come with accompanying physical versions.
💎 DeFi x NFTs
NFTX rolled out a new Yield dashboard.
sudoswap’s new sudoAMM crossed the 500k ETH trading volume milestone already.
Vesta is preparing to close eligibility for its V-Key NFT program.
🧐 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.