We are mint to be 💝
Social media NFTs arrive, Punk #5577 sells for 2.5k ETH, NFTX is going multichain, & more!
Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles
Dear Bankless Nation,
Valentine’s Day is coming up on Monday 💕
Is an NFT part of the goodies you’re getting that special someone in your life this year? Probably not just yet, not unless your significant other is already really into NFTs too, right.
Either way’s perfectly fine. Though it’s safe to say that as the NFT ecosystem matures, NFTs will become more popular as gifts on special occasions and beyond.
Peoples’ lives are going increasingly digital, after all, so our gift-giving customs will increasingly reflect that. In the meantime, have a great weekend and thanks as always for reading!
🛒 NFT News & Platforms
OpenSea published a dev upgrade guide for its new Wyvern 2.3 marketplace smart contract.
Lens Protocol, Web3 social media infra powered by NFTs and built by the minds behind Aave, has arrived.
Midwit, a generative Web3 UI for any smart contract, is coming to Mirror.
YouTube is reportedly exploring support for NFTs.
Zora opened up two new protocol modules, Collection Offers and Reserve Auctions, to community review.
🏆 Digital Collectibles
CryptoPunk #5577 sold for 2,501 ETH, marking the third most-expensive onchain Punk transaction yet.
Sotheby’s will auction off +100 CryptoPunks in an upcoming Punk It! event.
Bud Light published its Super Bowl commercial featuring Noun glasses from Nouns DAO NFTs.
Cool Pets public sale sold out in less than two minutes.
XCOPY: the artist’s piece D I S O R D E R resold on SuperRare for 202 ETH.
AssangeDAO purchased Clock by Pak x Julian Assange for nearly 16.6k ETH.
🎮 NFT Games
Axie Infinity Season 20 is now live.
Strider, a project focused on helping game creators take control of their own content via NFTs, raised $3M.
Zynga is aiming to release an NFT game this year.
RAC, a Grammy-winning producer, launched a Web3 portal for $RAC holders called racOS v0.1.
🌐 Virtual Worlds
Cryptovoxels parcel ownership is trending up:
Decentraland wearable creators can now import an entire outfit as a single wearable.
briq, an NFT building project on StarkWare, released its alpha 1.0 version.
💎 DeFi x NFTs
LooksRare shifted into Phase 2 of its LOOKS token emission schedule.
NFTX is preparing to go multi-chain.
📺 Watch Interview with Zynga co-founder Justin Waldron by Overpriced JPEGs
📺 Watch Interview with Axie Infinity’s Jiho by Layer Zero
🚩 Read NFT project red flags by Metaversal
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, DeFi Pulse, JPG, and beyond!
🙏Thanks to our sponsor
Polygon Studios is on a mission to help build digital culture, play-to-earn gaming, NFTs, and the Metaverse ecosystem on Polygon. Some of the key projects supported by Polygon Studios include The Sandbox, Skyweaver, Big Time, Crypto Unicorns, and Decentraland—among others. Polygon Studios also helps fundraising & onboarding. Check it out here.
Stay updated on the latest amazing gaming, NFT, and metaverse projects:
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.