Post-Merge NFTs 💚
MoMA eyes NFTs, OpenRarity's out, Tessera’s Nounlets, & more!
Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & digital collectibles
Dear Bankless Nation,
The vast majority of NFT activity takes place on Ethereum.
And with the Merge dropping Ethereum’s energy use by over 99% this week, now NFTs have gone green accordingly!
Because of inertia, it’s still going to take some time to fend off the “NFTs are horrible for the environment” crowd. But there’s no doubt going forward that the public image of NFTs will improve because of this major evolution, and that’s worth celebrating.
In the meantime, have a great weekend everyone and thanks for reading ✌️
📣 General NFT News
Botfrens proposed One-Click Bots for the Nouns ecosystem:
Capsules, an on-chain typeface project, launched.
Starbucks tapped Polygon for its NFT rewards program.
swapkiwi, an NFT swapping platform, rolled out its redesign.
🏆 Digital Collectibles
Doodles raised $54 million via equity funding. 5$
POAP has now facilitated over 5.6 million NFT mints.
Tessera introduced Nounlets, which are NFTs representing 1% ownership of a vaulted Noun.
Yuga Labs has filed a trademark for “MetaRPG.”
0xDEAFBEEF unveiled ROTARY PHONE, a smart contract-based art experiment.
Art Blocks added secondary marketplace listings via Reservoir.
dom unveiled ROSES, a procedurally-generated and on-chain art project:
Harm van den Dorpel opened the remainder of Markov’s Dream: Orb (lite) to public minting:
The Museum of Modern Art is exploring the purchase of its first NFTs.
Tyler Hobbs is launching QQL, a generative collaboration project, next week.
A Rare Pepe Nakamoto Card resold for 90 ETH.
🎮 Decentralized Gaming
Axie Infinity Origins Season 1 began:
💽 Music NFTs
Arpeggi rolled out Clips, which lets creators upload their own audio files to the platform.
Jonathan Mann released The Merge Album.
🌐 Virtual Worlds
Decentraland is hosting the Samsung #RecycleUp Fashion Show and Climate Week Quest starting Sept. 20th.
💎 DeFi x NFTs
FloorDAO is introducing a gauge voting mechanism.
Index Coop launched flash minting for its JPG NFT index token:
🔥 Read 15 Bad Takes on Ethereum in Bankless
📸 Watch Moment of Zen(eca) NFT Recap #37 on Overpriced JPEGs
🌳 Watch an interview with Seed Club’s Jess Sloss on Green Pill
🧐 Catch up on my other write-ups from this week:
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!
🙏Thanks to our sponsor
Build user-friendly web3 applications with ease and deliver a seamless web3 experience to your users! Sequence is a comprehensive developer platform and smart wallet for the Ethereum + EVM ecosystem.
Seamless and secure onboarding
No gas fees for your users
Direct NFT purchase with credit/debit
NFT marketplace protocol, and more tools, so you can deliver a seamless web3 experience to your users.
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.