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The NFT way 🛤️

newsletter.banklesshq.com

The NFT way 🛤️

Coinbase NFT is coming, NFTX launches a Fuse pool, Zora opens its protocol, & more!

William M. Peaster
Oct 15, 2021
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The NFT way 🛤️

newsletter.banklesshq.com

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

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Dear Bankless Nation, 

There’s much to do, and much to say. One thing’s clear, though.

We’re leaving the old ways. 

Twitter avatar for @stefdelev
Stefen DelevDAO 🌊 @stefdelev
The semi-feudal system of Web2, under which ownership of content is monopolized by closed-source platforms, now no longer suffices for the growing wants of the new markets. Open source, open platform, open systems. Web3 is open ownership.
11:53 PM ∙ Oct 14, 2021
38Likes7Retweets

Yet the “new” — or rather the range of futures that can arrive through the many open paths in front of us — is extremely moldable and in flux. We should never lose sight of that, meaning we can’t get complacent.

Keep building, keep dreaming, keep educating. That’s the NFT way. 

-WMP


🙏 Sponsor: Zerion—Your Gateway to the Metaverse✨


🏆 Digital Collectibles

  • CryptoPunk 6046 just received a whopping 2,500 ETH bid! However, it’s not for sale ... 

Twitter avatar for @cryptopunksbot
CryptoPunks Bot @cryptopunksbot
Punk 6046 has a new bid of 2,500 ETH ($9,494,224.85 USD) placed by 0xf6b6f0. larvalabs.com/cryptopunks/de… #cryptopunks #ethereum
Image
5:01 PM ∙ Oct 15, 2021
1,385Likes270Retweets
  • Paradigm researchers Anish Agnihotri and Hasu published “A Guide to Designing Effective NFT Launches,” consider it a must-read!

  • Droid PFP project Robotos introduced Robopets, a spinoff collection for Robotos holders. 

🎨 Cryptoart

  • Artist Matt Kane unveiled SuperRare’s first Series, i.e. a custom smart contract system for unique groups of art, with The Door. 

Twitter avatar for @SuperRare
SuperRare 💎 @SuperRare
💥We're super excited to unveil the first official Series on SuperRare, "The Door" by @MattKaneArtist 💥 Series are new custom smart contracts that will allow artists to showcase a group of unique artworks. Coming soon for all SuperRare artists The Door: superrare.com/mattkane/creat…
Image
4:46 PM ∙ Oct 14, 2021
215Likes39Retweets
  • Visa is creating an NFT support program for artists. 

  • How about an artist support program from within the NFT space, too? Check out the Rabbit Fellowship.

🎮 NFT Games

  • Axie Infinity published its October Development Update report. 

  • Don’t miss “Play L2 Games with L1 assets,” an interesting write-up by Wrasslers creator Sammy Bauch. 

🌐 Virtual Worlds

  • DAO universities and metaversal classrooms? On the horizon!

  • Cryptovoxels is launching Facebook logins. 

  • Open metaverse wiz Jin has a few ideas on how to decentralized the metaverse:

Twitter avatar for @dankvr
jin @dankvr
Few ideas to maximize metaverse decentralization: - Frontends should be built on open source engines, not Unity - Virtual worlds should be easy to self host - Privacy / anonymity must be preserved and cherished
4:59 PM ∙ Oct 11, 2021
110Likes22Retweets

🛒 NFT News & Platforms

  • Coinbase announced its launching an NFT platform later this year. 

  • Zora opened its protocol to support all types of NFTs. 

Twitter avatar for @ourZORA
ZORA @ourZORA
Any NFT. 0% fees. Composable. Permissionless. Entirely onchain. It's how marketplaces should be.
2:30 PM ∙ Oct 11, 2021
1,021Likes143Retweets
  • Decentralized autonomous artist project Botto airdropped BOTTO tokens to holders of Async Art, Art Blocks, BAYC, CryptoPunks, Meebits, SuperRare, and Foundation NFTs. 

  • ENS now allows you to set an NFT as the display image for .eth domains. 

  • Beware, a new type of Discord scam is targeting NFT users. 

  • Lost when it comes to NFTs and taxes? This week accountant Brad Barrett offered some illuminating, albeit informal, insights on the subject. 

💎 DeFi x NFTs

  • NFT marketplace aggregator Genie has passed $12M in trade volume.

  • NFTX collaborated with Rari Protocol on the launch of a NFTX Pool on Fuse. 

Twitter avatar for @NFTX_
NFTX 🦧🕳 @NFTX_
The NFTX Fuse Pool on @RariCapital is now live, starting with ~4mm USD worth of $PUNK and $NFTX liquidity.🔥👀 Read the full release on our blog: blog.nftx.io/nftx-pool-on-r…
blog.nftx.ioNFTX Pool on Rari Capital’s Fuse now liveLending and Borrowing of popular NFTs now available on the NFTX Fuse Pool!
2:43 PM ∙ Oct 11, 2021
103Likes25Retweets

Action steps

  • 🎼 Read “How to mint music NFTs” by Metaversal

  • 🎮 Read “Axie Infinity Economics 101” by Metaversal

  • ⛓️ Read “How to collect NFTs on Layer 2” by Bankless

  • 📺 Watch “Crypto Gaming Panel | Loot Squad, Yield Guild, Illuvium” by Bankless


Subscribe to Bankless. $22 per mo. Includes archive access, Inner Circle & Badge.

Subscribe now


🙏Thanks to our sponsor

ZERION

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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.

👉 Look out for Zerion’s L2 Support & Cross-Chain Composability.

👉 Connect Your Wallet & Show Off Your NFT Collection.


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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