Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & digital collectibles
Dear Bankless Nation,
My read of the week? “The Future of On-Chain Gaming” by Volt Capital’s Alec Chen.
It’s a short and insightful read about how on-chain multiplayer gaming, while nascent, is on the verge of working at scale.
I totally agree! With infra improving quickly and gas fees trending toward zero, I think it’s only a matter of time until we start seeing the first complex on-chain gaming blockbusters.
Those titles may still be years away, sure. Yet the seeds for them are being sown today, so keep your eyes peeled on the on-chain gaming scene accordingly. For now, let’s get you caught up on the past week in NFTs — have a great weekend everyone ✌️
-WMP
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📣 General NFT News
LooksRare added an NFT Quicklook feature:
Meta expanded support for NFTs on Instagram and Facebook.
OpenSea introduced Polygon support for its new Seaport protocol.
PROOF Collective raised a $50M Series A round.
Quixotic, an NFT marketplace on Optimism, introduced OP OG NFTs.
🏆 Digital Collectibles
Moonbirds Mythics, a 20k Moonbirds expansion collection, is coming early next year:
HyperLoot launched the HyperLoot Foundation.
🎨 Cryptoart
Art Blocks unveiled Art Blocks Engine, a generative art system for events, sports, and beyond.
SuperRare is considering a multi-list platform model for further decentralization.
Hyype, an NFT lore project, added support for oncyber and GALLERY exhibitions.
🎮 Decentralized Gaming
Axie Infinity saw one of its Genesis Plots resell for +166 ETH.
Aavegotchi published its August Update report.
Internet Game, a web3 mini-game battle royale, launched.
💽 Music NFTs
Arpeggi rolled out support for uploading samples.
Catalog launched its 1st curation cycle.
Songcamp introduced the Present Material record store, which was built on Zora.
🌐 Virtual Worlds
Decentraland is hosting a permanent collection of Frida Kahlo’s art.
Hyperfly introduced custom avatars:
💎 DeFi x NFTs
Based Ghouls shuttered the project’s v0 Ghoul Pool on sudoswap:
JPEG’d, an NFT lending protocol, introduced a Trait Boost system.
Kinetic, the first multi-chain NFT aggregator, is preparing to launch.
NFTX now has subgraphs live on The Graph.
sudoswap announced its SUDO token distribution plans.
Uniswap V3 positions on Polygon have facilitated considerable NFT volume over the past month:
Action steps
🆔 Read The Decentralized Identity Revolution on Bankless
📸 Watch the NFT IP Panel Pt. 2 on Overpriced JPEGs
🌳 Watch interviews with SBF and Sergey Nazarov on Green Pill
🧐 Catch up on my other write-ups from this week:
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!
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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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