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Meta ... versal 🌌

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Meta ... versal 🌌

Facebook comes knockin’, a CryptoPunk flash loan wows, new Noun of the Month, & more!

William M. Peaster
Oct 29, 2021
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Meta ... versal 🌌

newsletter.banklesshq.com

Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles

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Dear Bankless Nation,Ā 

Facebook is becoming Meta, a metaverse-first company.Ā 

Myself and many others see Ethereum, NFTs, Web3, etc. as the credibly neutral socio-economic infrastructure that over time will actually connect virtual worlds and metagalaxies into an open metaverse for all.

That’s why those of us here are rolling our eyes right now. We’re seriously skeptical Facebook will work toward an open metaverse. Marketing is one thing, standing by deep-rooted principles is another.Ā 

Twitter avatar for @brendan_dharma
Brendan from Dharma @brendan_dharma
So basically it's Ethereum vs. Facebook in a race to create a compelling Metaverse. Open vs. Closed. Transparent vs. Opaque. Permissionless vs. Permissioned. Community Owned vs. Zuck Owned. My bets are placed. Let's build a better future together.
8:08 PM āˆ™ Oct 28, 2021
2,623Likes499Retweets

Indeed, at the end of the day all Zuckerberg’s Meta has is its business ontology: the company exists only to further its own enterprise goals, everything else is ancillary.

On the flip side, us NFTers passionately believe in the virtues of openness and decentralization, and we’re looking to build alliances and stand for what’s right: creating a metaverse, a new kind of place for all.Ā 

You in?

-WMP

P.S. Follow jin, who I consider a Jedi Master of the open metaverse, for your level-up of the day!


šŸ™ Sponsor:Ā Zerion—Your Gateway to the Metaverse✨


šŸ† Digital Collectibles

  • Someone made a flash loan purchase of CryptoPunk #9998 from themself for 124.46K ETH. How’s that for an on-chain NFT stunt?

Twitter avatar for @cryptopunksbot
CryptoPunks Bot @cryptopunksbot
Punk 9998 bought for 124,457.07 ETH ($532,414,877.01 USD) by 0x9b5a5c from 0x8e3983. larvalabs.com/cryptopunks/de… #cryptopunks #ethereum
Image
11:52 PM āˆ™ Oct 28, 2021
12,314Likes2,733Retweets
  • NFT collectibles tab + NFT details coming to Twitter soon? Check.

  • Welcome the first Noun of the Month, Noun 22!

Twitter avatar for @thenounders
nounders @thenounders
The Nounders are trying an experiment. Noun of the month! This is something that we might keep doing, or the DAO itself can take over if it likes the idea. Without further ado, the inaugural Noun of the Month is @Noun22_
Image
6:21 PM āˆ™ Oct 22, 2021
58Likes8Retweets

šŸŽØ Cryptoart

  • Cryptoartist Stellabelle is launching CryptoStellas, a hand-painted satirical PFP collection, on Halloween šŸŽƒ

  • XCOPY dropped 25 editions of Pump King on new L2 NFT platform Kolectiv šŸŽƒ

Twitter avatar for @XCOPYART
XCOPY šŸ“ @XCOPYART
ARE YOU READY? @KolectivGG šŸ”„šŸŽƒšŸ”„
3:45 PM āˆ™ Oct 28, 2021
383Likes38Retweets

šŸŽ® NFT Games

  • Gods Unchained nears 1M trades on Immutable X. (Speaking of Immutable X Disney is turning to the NFT L2, too, as is ESL!)

  • Keep an eye on Yield Guild Games’s Managers Cup on Halloween!

Twitter avatar for @YieldGuild
Yield Guild Games @YieldGuild
3 DAYS TO GO UNTIL WE LAUNCH OUR TOURNAMENT FOR A CAUSE! šŸ† The top 3 guilds will be choosing from select charities in the Philippines āš”ļø Premieres OCT 31, 10PM SGT šŸ“ŗ Donate to the CHARITY PRIZE POOL wallet below šŸ‘‡ ronin:bed299862ec8e7c30df3466b130b15c60ad20bb7 #WeAreYGG
Image
2:00 PM āˆ™ Oct 28, 2021
122Likes56Retweets

🌐 Virtual Worlds

  • Regarding Facebook’s Meta pivot, my favorite take so far comes via PlĆ”tōn:

Twitter avatar for @FilmBrief
PlĆ”tōnšŸ“ @FilmBrief
The sad thing with FB is that it could have been a positive development if they picked not a marketing ploy name and emphasized that their sector of the ā€˜metaverse’ will be open and build on a truly decentralized network. But no, they do what everyone expects them to…
10:39 PM āˆ™ Oct 28, 2021
  • In light of Meta’s arrival, Web3 and WebXR need each other like never before I think …

    Twitter avatar for @auradeluxe
    Tony Parisi Il Padrino Metaversale @auradeluxe
    My #Metaverse thought for the day: the Web3 and WebXR folks need to talk more
    10:26 PM āˆ™ Oct 27, 2021
    197Likes24Retweets

šŸ›’ NFT News & Platforms

  • Meet Briqs: composable building blocks stored as NFTs on StarkNet.

  • On-chain royalties, all the time: check out the new Royalty Registry project.Ā 

  • Check out Hyype, a new NFT social lore platform.Ā 

Twitter avatar for @scott_lew_is
šš‚ššŒšš˜šššš š™»Īžšš šš’ššœ 🌾 @scott_lew_is
so you could tweet out your experience, people read it, then after 36 hours its buried. great, but ephemeral, when you make lore on @hyypeHQ it sticks to the NFT. so in 50 years, the canon of this NFT will still include this collector’s statement. and i think that’s pretty cool.
Image
8:56 PM āˆ™ Oct 27, 2021
44Likes11Retweets
  • Confused about NFT taxes? Don’t miss this helpful NFT Tax Guide!Ā 

  • Shoyu, Sushiswap’s NFT platform, is going live next week.Ā 

šŸ’Ž DeFi x NFTs

  • Fractional has pivoted to ERC-1155 tokens for its NFT fractions.Ā 

  • +$1.4M: NFT lending platform NFTfi notches a new all-time high loan backed by Autoglyph #488.Ā 

  • NFT liquidity protocol NFTX is launching swaps today.


Action steps

  • šŸ”¶ Read Ultra Scalable Ethereum by Bankless

  • šŸ‘€ Read 5 NFT Projects to watch | Q4 2021 by Metaversal

  • šŸ–Œļø Read NFT Innovation Digest #6, which includes links to recent Metaversal posts Tips for safely minting NFTs and Meet Manifold. Thanks for sharing!


Subscribe toĀ Bankless. $22 per mo. IncludesĀ archive access,Ā Inner CircleĀ &Ā Badge.

Subscribe now


šŸ™Thanks to our sponsor

ZERION

With Zerion, you can invest in DeFi from one place—now fully revamped for your NFT collection!

So you spent months building up your collection, but you’re still viewing your NFTs on a website that looks like it’s stuck in 2015? Have some fun with Zerion – send NFTs between wallets, convert them to iPhone widgets and flex them on your Apple Watch - all alongside your entire crypto portfolio.

šŸ‘‰ Look out for Zerion’s L2 Support & Cross-Chain Composability.

šŸ‘‰ Connect Your Wallet & Show Off Your NFT Collection.


Not financial or tax advice.Ā 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.Ā 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 ourĀ investment disclosures here.

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Authentic Media Ascension
Writes Creator's Toolbox
Oct 29, 2021Liked by William M. Peaster

Nice rundown!

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Nick Lewis
Writes Modulations
Oct 29, 2021Liked by William M. Peaster

Talking of marketing, it's good marketing for those building the future web who have no association with Zuck's vision of it!

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