Electric NFT Vibes ⚡
New Nouns arise, cryptoart platforms level up, OpenSea hits +$1B volume in August, & more!
Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles
Dear Bankless Nation,
An electric feeling has been building up across the NFT ecosystem all year, and with so many NFT milestones and achievements reached lately that sense of excitement and possibility is now seemingly at fever pitch.
Many of us are excited because we know we’re playing our roles in changing the future of culture for the better, and we’re largely doing it on our own terms, too. Can’t beat that, can you?
So part of the reason we’re vibing currently is because work can now readily be play and purposeful courtesy of NFTs. That’s truly a magical thing when you think about it!
But forget about thinking too hard this evening. Kick back, relax, and enjoy the latest Metaversal recap. Have a great weekend everyone ✌️
🙏 Sponsor: Immutable X — Scaling Ethereum and NFTs!
🏆 Digital Collectibles
Nouns, an experimental on-chain avatar project releasing one “Noun” a day forever, saw major sales around Noun 7 (125 ETH), Noun 8 (95 ETH), Noun 9 (155 ETH), Noun 11 (113.33 ETH), Noun 12 (126.48 ETH), and Noun 13 (128.13 ETH) this week.
Notably, users of the PartyBid dapp have collectively acquired and fractionalized Noun 11 so far!
Ponderware, the creators of MoonCats, have released a new dev roadmap for the rejuvenated NFT collectibles projects.
“Robot” Cool Cat #3330 just sold for 110 ETH.
A collector paid 750 ETH to acquire rare “HyperRainbow” Chromie Squiggle #3784.
Meet SuperRare 2.0! This week the leading cryptoart platform unveiled its $RARE curation token and the SuperRare DAO.
Programmable art platform Async Art open-sourced its “Unstoppable Auction” NFT smart contract 👏
Cryptoart platform Foundation released a private sales feature.
Generative artist Takawo Shunsuke just launched his first generative cryptoart project, Generativemasks.
A “full set” of Series 1-5 NFTs created by artist 0xDEAFBEEF just sold for 2,275 ETH!
🎮 NFT Games
Axie Infinity activated its dedicated Axie Esports server and in doing so ushered in an initial wave of +30 Esports tournaments offering +5,500 $AXS in prizes.
The first Aavegotchi WHAC-A-ROFL competition saw over 2,000 Aavegotchis participate!
🌐 Virtual Worlds
Cryptovoxels is hosting a Scripting Contest centered around games to “make the world more interactive and more fun.”
The Mark Zuckerberg metaverse invasion has begun ...
🛒 NFT News & Platforms
Since the start of August, NFT marketplace OpenSea has surpassed $1.2 billion worth of volume 🌊
Publishing protocol Mirror airdropped 302 $WRITE tokens distributed across its most active users.
Rarible Protocol introduced App Mining, a program to incentivize projects building atop Rarible’s new decentralized infrastructure via $RARI token rewards.
💎 DeFi x NFTs
P2P NFT trading dapp swap.kiwi now lets users add ETH to their NFT swaps 🥝
OpenSea now supports buying and selling NFTs with Bancor’s native $BNT token.
🗝️ Read “Creating an NFT vault” in Metaversal
🦄 Read “How to automate Uniswap V3 liquidity” in Bankless - remember, Uniswap V3 LP positions are represented as NFTs!
📰 Read “Decentral Arts #0” in Bankless DAO
🙏Thanks to our sponsor
Build an app in < 2 hours with gas-free NFTs on Immutable X, Ethereum’s Layer-2 scaling solution.
Immutable X is Ethereum’s first Layer-2 scaling solution for NFTs. Instantly scale your NFT application with instant trade confirmation, massive scalability (9,000 TPS+), zero gas fees -- without compromising user custody. Developed on top of StarkWare’s bleeding edge zero-knowledge rollup technology, our protocol ensures developers can level up and build a mainstream NFT game, dapp or marketplace in days, not months.
👉 Learn how to build with Immutable X here.
👉 Visit Immutable’s contact form and apply to build.
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.