Metaversal moved to bankless.com/metaversal

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Unlimited NFT adventures

Coinbase NFT beta arrives, Catalog unveils custom ERC721s, Moonbirds fly, & more!

William M. Peaster's avatar
William M. Peaster
Apr 22, 2022
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Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles


Dear Bankless Nation,

The Coinbase NFT beta arrived this week, and generally speaking the NFT ecosystem absorbed the initial rollout without much ado. 

It’s no mystery why. I think the space’s initial response speaks to just how much is going on around NFTs lately. Coinbase NFT is definitely new and cool and can be a force to be reckoned with going forward, yet these qualities are true of many NFT projects these days. 

If the beta had arrived even as recently as late 2020, the initial response would’ve been much more explosive on account of things simply being quieter then. Now, projects big and small have to contend with the fact that everyone’s attention is being pulled in dozens of compelling directions. 

My grand takeaway here? NFTs are alive and well. 

-WMP


🙏 Sponsor: Brave Wallet - the secure crypto wallet. No extension required.✨


🛒 NFT News & Platforms

  • Coinbase NFT, which leverages Manifold’s Royalty Registry, launched in beta this week:

Twitter avatar for @JasonYanowitz
Yano 🟪 @JasonYanowitz
Coinbase didn't launch an NFT platform... they launched Web3 Instagram
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3:21 PM ∙ Apr 20, 2022
9,014Likes1,460Retweets
  • Flip, an NFT portfolio tracker app, released its public beta. 

  • LooksRare started a listing rewards campaign to incentivize more NFT listings on the marketplace.  

  • Mintbase, a NEAR-based NFT marketplace, raised a $7.5M Series A round. 

🏆 Digital Collectibles

  • Akutars kicked off its public sale. 

  • Anata started its mint event. 

  • Deadfellaz signed with the United Talent Agency (UTA). 

  • Forgotten Runes Wizard’s Cult completed Season 1 of Beasts. 

  • Louis Vutton released NFT PFP rewards in its Louis: The Game mobile app. 

  • Pudgy Penguins underwent a visual rebrand.

  • Moonbirds burst onto the scene in unprecedented fashion. Go deeper in this week’s Bankless interview with Kevin Rose:

🎨 Cryptoart

  • Sotheby’s held its Natively Digital 1.3: Generative Art auction event, which tours the history of generative art and was masterfully curated by Sofia Garcia, Anne and Michael Spalter, and Itzel Yard: 

Twitter avatar for @michaelbouhanna
Michael Bouhanna @michaelbouhanna
Natively Digital: Generative Art sale exhibited in our @Sothebys galleries until the 24th. Come visit us and see amazing works by @dmitricherniak @tylerxhobbs @VanArman @sofiagarcia_io @annespalter @manoloidee @ix_shells @Sothebysverse @pointline_ @CharlesCsuri and more..
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6:10 PM ∙ Apr 20, 2022
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  • SuperRare artists can now import Manifold Studio smart contracts as SuperRare Series. 

  • Redlion.news released txt.art, an NFT poetry anthology featuring works from 40 writers and 40 illustrators. My poem “Ascent of the NFTers” was included:

🎮 NFT Gaming

  • Axie Infinity released balancing modifications and other updates to Axie Infinity: Origin. 

  • Secret Project Team opened up Elixir of the Ancient NFT claims for ChainFaces Arena holders:

Twitter avatar for @secretproject
Secret Project Team @secretproject
🚨 Did you claim your elixir? ✅ So far around 780 people claimed ~2.600 elixirs... 💡You are eligible to claim your elixir if you were holding a ChainFacesArena on 4/18 (EDT) during the snapshot. More info in our Discord 👉 discord.gg/secretproject
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11:12 AM ∙ Apr 21, 2022
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💽 Music

  • Catalog introduced custom ERC721 smart contracts for its artists. 

  • Coopahtroopa.eth published This Week in Music NFTs - April 18th. 

  • SoundMint raised a $1.7M seed round led by Animoca Brands. 

🌐 Virtual Worlds

  • Crypto Cannabis Club celebrated 4/20 in Cryptovoxels this week:

Twitter avatar for @CryptoCannaClub
Crypto Cannabis Club @CryptoCannaClub
Join us for our @cryptovoxels metaverse 420 celebration! Come hang at 4pm EST before Toker Talk today, with sounds by @DjStenny 💚 #CCC
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3:00 PM ∙ Apr 20, 2022
79Likes18Retweets
  • The Vienna Tourist Board sent a Sigmund Freud avatar to Decentraland as part of a playful tourism campaign for the city of Vienna. 

  • The Sandbox partnered with the FlickPlay NFT collection. 

💎 DeFi x NFTs

  • Cobie published ApeCoin and the Death of Staking:

Twitter avatar for @cobie
Cobie @cobie
ApeCoin & The Death of Staking - cobie.substack.com/p/apecoin-and-…
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10:21 AM ∙ Apr 21, 2022
5,048Likes905Retweets
  • Element Finance launched the next minting phase of the Elfiverse. 

  • Index Coop introduced the JPG NFT index token. 

  • Injective Pro released Bored Ape NFT floor price perpetuals. 

  • JPEG’d unveiled JPEG-ETH bonds in collaboration with Olympus DAO.


Action steps

  • 🔭 Check out my other Metaversal write-up from this week: NFT worldbuilding projects

  • 🌐 Read my latest tactic A Beginner’s Guide to Terra in Bankless

  • 📺 Watch Nifty Gateway’s co-founders talk shop on Overpriced JPEGs


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!


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


🙏Thanks to our sponsor

BRAVE WALLET

Brave Wallet: the secure crypto wallet, built directly into the browser.

Buy, store, send & swap assets. Manage NFTs. Connect other wallets & DApps. All from the security of the best privacy browser on the market. 

Ditch those risky extensions. It’s time to switch to Brave Wallet.


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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Unlimited NFT adventures
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Anu's avatar
Anu
Apr 24, 2022

Pls I need Someone to put me through the whole nft stuff plsss🥺🙏

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daisy's avatar
daisy
Apr 24, 2022Edited

Mintbase raised a $7.5M Series A round, it looks like you omited "M"

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7 more comments...
Zora V3 is 🔥
Zora’s new protocol infra is a step forward for the NFT space!
Jan 25, 2022 • 
William M. Peaster
47

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Metaversal moved to bankless.com/metaversal
Metaversal moved to bankless.com/metaversal
Zora V3 is 🔥
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Bored Ape Mutation Madness! ⚗️
BAYC introduces Mutant Apes, leading to a fun NFT mutation frenzy!
Aug 31, 2021 • 
William M. Peaster
25

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Metaversal moved to bankless.com/metaversal
Metaversal moved to bankless.com/metaversal
Bored Ape Mutation Madness! ⚗️
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Why Right-Click Savers Flunk NFTs ❌
French philosopher Jean Baudrillard would tell right-click savers they have NFTs all wrong!
Sep 8, 2021 • 
William M. Peaster
24

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Metaversal moved to bankless.com/metaversal
Metaversal moved to bankless.com/metaversal
Why Right-Click Savers Flunk NFTs ❌
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