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Metaversal

The NFT Boom Picks Up Steam

Sotheby's eyes an alien CryptoPunk, Ronin's booming, ConsenSys gets a VR HQ, & more!

William M. Peaster
May 7, 2021
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The NFT Boom Picks Up Steam
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Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles


Dear Bankless Nation,

What an incredibly busy week for the NFT ecosystem it’s been!

With all the hustle and bustle lately it can be seriously hard to keep up with everything that’s been going on.

Don’t feel overwhelmed: keep focusing on the things that interest you, chip away at the work and learning you have in front of you, and you’ll do just fine.

Reading the Metaversal weekly recap every Friday helps too, of course 😄 Have a great weekend everyone.

-WMP


🙏 Sponsor: Nifty Gateway—buy, sell, and store NFTs!


🏆 Digital Collectibles

  • CryptoPunk creators Larva Labs launched Meebits, a 3D voxel project centered around avatars for the metaverse. The ensuing buzz pushed Meebits to the top of the NFT ecosystem’s 7-day trade volume chart on the week. 

    Image via OpenSea
  • Speaking of other chart toppers, the new Bored Ape Yacht Club project has seen over 3.5k ETH in volume since launching last week 🦍 

  • Meet CryptoPunk DAO, a new coordination community for Punk holders. 

  • Minting for Avastars Gen1 Series 5 is live!

  • Gary Vaynerchuk launched VeeFriends, a series of 10,255 unique characters that grant holders unique perks and admission to VeeCon. 

🎨 Cryptoart

  • Art auction house Sotheby’s is holding its second NFT auction, “Natively Digital: A Curated NFT Sale.”

Twitter avatar for @SothebysSotheby's @Sothebys
Announcing 'Natively Digital: A Curated NFT Sale'–an online sale that brings together a group survey of the leading NFT artists. Open for bidding from 3-10 June, the auction features the rare Alien CryptoPunk #7523 from the collection of @sillytuna & more
bit.ly/3xVghvw
Larva Labs, 'CryptoPunk #7523', 2017, from the collection of @sillytuna
Kevin McCoy, 'Quantum', 2014
Anna Ridler, 'The Shell Record', 2021

May 6th 2021

91 Retweets315 Likes
  • Cryptoart marketplace SuperRare is hiring for a handful of positions!

  • Nifty Gateway has now facilitated over $300M worth of sales to date. 

  • Generative cryptoart platform Art Blocks is launching a newsletter to help users keep up to date with all the things happening around the project.  

🕹️ Blockchain Games

  • Axie Infinity’s new Ronin sidechain has experienced a major surge in activity since launching.

Twitter avatar for @AxieInfinityAxie Infinity @AxieInfinity
Ronin's made an immediate impact 👀 📈 Weekly volume up 152% to $5.13M 📈 Weekly traders up 60.47% to 4,254 📈 Weekly sales up 170.07% to 13,544 Still lots to do! BUT ITS WORKING Stats from @DappRadar
Image

May 7th 2021

66 Retweets229 Likes
  • Fantasy global ⚽ game Sorare added Brazilian club Atlético Mineiro to its ranks. 

  • Round 1 of Aavegotchi Rarity Farming ended this week, giving way to Round 2.

Twitter avatar for @gldnXrossgldnxross.eth @gldnXross
#playtoearn reached an all new scale with the first round of Rarity Farming concluding this week. 5000 @aavegotchi in each of three categories earned a total of 350k $GHST! With farming open til June, here's the synopsis of the week and how to participate:
Image

May 7th 2021

5 Retweets28 Likes

🌐 Virtual Worlds

  • Cryptovoxels has several notable releases in the pipeline for next week!

Twitter avatar for @cryptovoxelsCryptovoxels @cryptovoxels
I’m really excited about what we’re shipping over the next few weeks. Matic wearables. Oculus quest. Android. Drag and drop uploading. 😬😍😍😇

May 7th 2021

5 Retweets79 Likes
  • Ethereum software company ConsenSys commissioned the VoxelArchitects crew to build an HQ in Decentraland. Beautifully done, I think.

Twitter avatar for @ConsensysConsenSys @Consensys
If you want to check out the ConsenSys HQ, the entrance at the -13, 92 plot in @decentraland
Image

May 1st 2021

23 Retweets95 Likes
  • Virtual gaming world project The Sandbox is hiring animators.

  • Etheria, Ethereum’s first NFT project, is getting modernized. 

Twitter avatar for @etheria_feedEtheria @etheria_feed
Hypothetical 4-for-1 and 9-for-1 "stock split" maps for the forthcoming modernized (i.e. 721) Etheria. Join our Discord here:
discord.gg/PJ3hGAayzn
Image
Image

May 7th 2021

🛒 NFT Platforms

  • OpenSea has a new feature, collection collaborations 🙏

  • eCommerce giant eBay is exploring adding support for NFTs!

💎 DeFi x NFTs

  • Uniwap V3 launched, and with it a new paradigm: Uniwap liquidity provider (LP) positions are now represented as totally on-chain NFTs. 

Twitter avatar for @UniswapUniswap Labs 🦄 @Uniswap
4/ 🖼️ LP positions are now NFTs! 🎨 NFTs will appear as unique on-chain generated art based on the properties of your position ✨ Look out for rare sparkles!
Image

May 5th 2021

135 Retweets968 Likes
  • Visor Finance, an NFT Smart Vault project centered around Uniswap V3 LP NFTs, released its V2 Vaults system. 

  • NFTX updated its bulk-mode UI.

Twitter avatar for @NFTX_NFTX 🦧🕳 @NFTX_
Updated bulk-mode UI for mega whales like @pranksyNFT 🐳
Image

May 6th 2021

4 Retweets48 Likes

Action steps

  • 📰 Read “You Are NFTs’ Fifth Estate” by Metaversal

  • 📰 Read “The Biggest Week Yet for NFTs?” by Metaversal


Subscribe to Bankless. $22 per mo. Includes archive access, Inner Circle & Badge.


🙏Thanks to our sponsor

Nifty Gateway

The all-in-one platform that makes it easy to buy, sell, and store NFTs!

http://bankless.cc/Nifty

Nifty Gateway works with both successful and up-and-coming artists, musicians, and brands to create limited Nifty (NFT) collections that are available on our marketplace.

👉 Visit NiftyGateway.com and start your NFT Collection today!

👉 NEW DROPS BY PLAYBOY x SLIMESUNDAY, ODIOUS, ROBBIE TILTON, KENNY SCHARF & MORE OUT THIS WEEK!


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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krissov
Aug 8

Thanks for the informative post, this is really something that has fascinated me since the beginning of the year, never before thought such technology would be possible. I now allocate more time to learning NFT games where there is an opportunity to earn by playing, there is no better entertainment for me right now.

https://servreality.com/nft-blockchain/nft-game-development/

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