NFT Metropolis 🏙️

Axie Infinity hits a huge milestone, Sotheby’s sells Bored Apes, gremplin releases CrypToadz, & more!

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

Subscribe now


Dear Bankless Nation, 

Metaphorically speaking, the NFT ecosystem is easily the most interesting cultural metropolis anywhere on the internet right now. 

At least in my opinion that’s true, but seriously — what other community could even make such a claim today? 

Perhaps ourcrypto-native perceptions are warped by, well, the 1,000-ish “crypto years” we’ve already lived since the start of 2021, but yes: we are indeed cultural captains now, maverick masters of the young metaverse.  

Yet as is the case with any metropolis, the NFT ecosystem is teeming with activity in all directions at all times. This can lead to you being bombarded with stimuli and thus at times feeling overloaded! Remember, then, to routinely set aside some time for yourself to rest and recharge, whatever that means for you personally. 

As always: be well, stay creative, and have a great weekend everyone ✌️

-WMP


🙏 Sponsor: Upshot—get paid to appraise NFTs. Start now!


🏆 Digital Collectibles

  • Sotheby’s “Ape in”event saw a group of 101 Bored Ape Yacht Club collectibles auctioned for +$24M! 

🎨 Cryptoart

🎮 NFT Games

  • +$1.7B in total sales: NFT game Axie Infinity is now “the most valuable NFT collection ever” according to DappRadar. 

  • Yearn founder Andre Cronje released Rarity, a Loot-inspired on-chain game in which:

    Anyone can create a summoner, there are no limits, it doesn’t cost anything (other than gas). Once per day a summoner can adventure, earning 250xp. Once you have earned the required amount of xp to advance a level, you can level_up.”

🌐 Virtual Worlds

🛒 NFT News & Platforms

  • Very Nifty (the team behind NFT20) unveiled Feather, an experimental NFT-based websites project. 

Twitter avatar for @NiftyMuseumVery Nifty @NiftyMuseum
🪶We are excited to share Minting for Feather is live!!
feathernft.com Feather NFTs are on chain generated images that host a complete website on them. You can host games, writings, link to images or anything within your NFT, it's up to your creativity.
Image

💎 DeFi x NFTs


Action steps


Subscribe to Bankless. $22 per mo. Includes archive accessInner Circle & Badge.

Subscribe now


🙏Thanks to our sponsor

UPSHOT

Get paid to appraise NFTs with Upshot!

Upshot 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.

👉 Visit Upshot.io and start appraising NFTs today!


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.