The NFT Party ๐
A rare CryptoPunk gets listed, the MoonCat project turns 4, Rarible Protocol is here, & more!
Metaversal is aย Bankless newsletterย for weekly level-ups on NFTs, virtual worlds, & collectibles
Dear Bankless Nation,
This week felt like one giant party in the NFT ecosystem.
Itโs a party those of us here are still early to, so the festivities are really only just beginning. That said, imagine how things will look if the rest of the world keeps coming around to see what all the funโs about!
Itโs important to pace yourself now, then, so that youโre energized and prepared for the coming marathon of NFT activities. Staying fresh today keeps us ready for all the wild things that may come tomorrow.
Anyways, thanks so much for reading. Have a great weekend โ๏ธ
-WMP
๐ Sponsor:ย Upshotโget paid to appraise NFTs.ย Start now!
๐ Digital Collectibles
CryptoPunk #8348 โ โ the rarest Punk because of its 7 attributes (Big Beard, Buck Teeth, Cigarette, Classic Shades, Earing, Mole, Top Hat) โ โ has been listed for sale for 60,000 ETH! Any takers? ๐ต
New BAYC sales record: gold Bored Ape #3749 just sold for 400 ETH ๐
According to Nansenโs โHot NFTsโ dashboard, Pudgy Penguins collectibles facilitated a whopping +4,300 ETH worth of trade volume over the past 24 hours ๐ง
Our MoonCats are growing up! Aug. 9th marked the 4th birthday of the revived NFT project ๐ย
You can now analyze and track the rarity of your Avastars at rarity.tools!
Cool Cats entered into a collaboration with TIME Magazine.
๐จ Cryptoart
It was a big week for major generative art acquisitions, e.g. Tyler Hobbsโs Fidenza #607 and Dmitri Cherniakโs Eternal Pump #47 sold 300 ETH and 225 ETH respectively.
Programmable art platform Async Art unveiled a new 24-hour canvas template, which will allow Async artists to easily upload works that evolve once per hour every day.ย
Cryptoart platform SuperRare is expanding its Collector Royalties program to cover all SuperRare NFTs.ย
๐ฎ NFT Games
Axie Infinity just kicked off gameplay for Season 18 ๐น๏ธย
Aavegotchi confirmed that its Haunt 2 event will run between Aug. 26th and Aug. 29th ๐ป
Digital horse racing game Zed Run facilitated over $1 million worth of sales atop Polygon this week according to cryptoslam.io.
๐ Virtual Worlds
The newest Cryptovoxels district will be Miami, with auctions for the virtual territory starting next Wednesday.ย
Boson Protocol announced Portal, a โvirtual lifestyle, commerce, and cultural playgroundโ built in Decentraland.ย
๐ NFT News & Platforms
Rarible unveiled Rarible Protocol, a new open-source and cross-chain NFT suite that will cater to creators and devs in decentralized fashion.ย
Fantasy sports and betting company DraftKings introduced DraftKings Marketplace, an NFT collectibles platform.ย
NFT auction protocol Zora launched BLIT.HOUSE, a permissionless auction house for Blitmap collectibles.ย
๐ DeFi x NFTs
How about earning DeFi yields on your ETH whenever you make an NFT bid? Could be coming!
Action steps
๐ฐ Read โTools for NFT Summer ๐๏ธโ in Metaversal
๐ฐ Read โHow to approach the generative art boomโ in Bankless
๐ฐ Read โI Joined a Penguin NFT Clubโ in The New York Times
Subscribe toย Bankless. $22 per mo. Includesย archive access,ย Inner Circleย &ย Badge.
๐Thanks to our sponsor
UPSHOT
Get paid to appraise NFTs withย Upshot!
Upshotย is a protocol that pays NFT experts and collectors for honest insights - unlocking opportunities for a new generation of appraisers to capture value from their expertise and enabling a wave of powerful new DeFi primitives.
๐ Visitย Upshot.ioย and start appraising NFTs today!
Not financial or tax advice.ย 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.ย 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 ourย investment disclosures here.