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

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Dear Bankless Nation, 

Leighton Cusack is a co-founder of PoolTogether, the first of its kind no-loss savings dapp on Ethereum. 

PoolTogether’s a great project, and Cusack’s a great guy. But what’s not great is how the PoolTogether team (and beyond) have become embroiled in what I and more than a few others estimate to be a totally frivolous lawsuit. 

Unfortunately, frivolity doesn’t mitigate the demands of paying for ongoing legal bills. So this week Cusack announced Pooly NFTs, an NFT collection designed to help PoolTogether crowdfund its legal defense. 

Leighton @lay2000lbs

Minting is live now: Pooly NFTs – PoolTogetherGet a Pooly.mint.pooltogether.com

May 26th 2022

94 Retweets402 Likes

If you’re interested in helping out, consider checking out the link in the tweet above (there are different support tiers price-wise) or spreading the word to others who may want to chip in. 

All that said, thanks for reading. I hope you have a great weekend, but in the meantime let’s get you caught up on the rest of this past week’s NFT news below. Cheers ✌️

-WMP

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🛒 NFT News & Platforms

• ENS DAO is looking to hire an NFT artist for a PFP project. 

• LooksRare updated its NFT search functionalities. 

• Rarible is deploying on the Immutable L2.

• Zora released a series of updates to its Editions tool. 

🏆 Digital Collectibles

• Cool Pets have now seen +5k hatchings. 

• Degenz has made quite the comeback.

• Lil Nouns DAO was temporarily outpacing Nouns DAO in daily ETH raised. 

• Prop House, Nouns DAO’s novel funding auction system, invited Zora ZORB holders as voters.

<div class="tweet" data-attrs="{"url":"https://twitter.com/nounsprophouse/status/1529119083563819010?t=dUJ1AdT1_wpUs452p4liuQ&s=09","full_text":"🚨 New House just dropped: ZORBS by ZORAnn🏗 A funding round for builders to mix and match all things Nouns &amp; Zoran🖐 Anyone with an ETH address can proposen🗳 Owners of ZORBS will vote on winnersn🏆 Top 5 proposals get 2 ETH eachnn👉 prop.house/0xca21d4228cdc… ","username":"nounsprophouse","name":"Prop House ⌐◨-◨","date":"Tue May 24 15:16:13 +0000 2022","photos":[{"img_url":"https://res.cloudinary.com/hhsslviub/video/upload/e_loop,vs_40/dmn3l14ezspqxkjorwcx.gif","link_url":"https://t.co/Qky7NHqhod","alt_text":null}],"quoted_tweet":{},"retweet_count":12,"like_count":55,"expanded_url":{},"video_url":null}”>

Prop House ⌐◨-◨ @nounsprophouse

🚨 New House just dropped: ZORBS by ZORA

🏗 A funding round for builders to mix and match all things Nouns & Zora
🖐 Anyone with an ETH address can propose
🗳 Owners of ZORBS will vote on winners
🏆 Top 5 proposals get 2 ETH each

👉 prop.house/0xca21d4228cdc…

🎨 NFT art

• KnownOrigin is reopening its artist application window on June 9th. 

• Claire Silver auctioned her genesis SuperRare piece, an AI self-portrait titled c l a i r e:

<div class="tweet" data-attrs="{"url":"https://twitter.com/ClaireSilver12/status/1530223045847273472","full_text":"My SuperRare Genesis, "c l a i r e," has sold to @batsoupyum for 52.69 ETH. I am so humbled &amp; so overjoyed. This movement continues to change my life, &amp; I will continue to work every single day to ensure others get to experience exactly how this feels.nnsuperrare.com/artwork-v2/c-l… ","username":"ClaireSilver12","name":"Claire Silver 🌸","date":"Fri May 27 16:22:58 +0000 2022","photos":[{"img_url":"https://pbs.substack.com/media/FTxxPGrWAAAlYN4.jpg","link_url":"https://t.co/EFKSnCMJ2R","alt_text":null}],"quoted_tweet":{},"retweet_count":115,"like_count":722,"expanded_url":{},"video_url":null}”>

Claire Silver 🌸 @ClaireSilver12

My SuperRare Genesis, “c l a i r e,” has sold to @batsoupyum for 52.69 ETH. I am so humbled & so overjoyed. This movement continues to change my life, & I will continue to work every single day to ensure others get to experience exactly how this feels.

superrare.com/artwork-v2/c-l…

• Bryan Brinkman signed with the renowned CAA talent agency. 

• Godmin released God Observer. 

🎮 NFT Gaming

• Parallel’s Pack Drop IV is coming on June 11th:

Parallel @ParallelNFT

May 25th 2022

38 Retweets230 Likes

• Axie Infinity has a new Origin patch deploying today.

• Yield Guild Games published an official statement on a recent Merit Circle community proposal aimed at refunding YGG’s investment. 

• Atari announced a web3 initiative dubbed Atari X.

💽 Music

• Coopahtroopa.eth published This Week in Music NFTs – May 23rd.

🌐 Virtual Worlds

• Decentraland has paused its planned wearable submission fee adjustment to make time for further community proposals. 

• Tim Sweeney of Epic Games calls for a metaverse browser. 

💎 DeFi x NFTs

• Uniswap (whose V3 LP positions are represented as NFTs) has officially facilitated +$1 trillion USD worth of volume:

hayden.eth 🦄 @haydenzadams

$1 trillion all-time volume 🤯

I don’t tweet milestones as often these days, but four commas blows my mind.

Never expected Uniswap to grow the way that it has.

Thanks to everyone who has been along for the ride 💜

Uniswap Labs 🦄 @Uniswap

1/ It’s been one hell of a ride 🚀

As of today, the Uniswap Protocol has passed a lifetime cumulative trading volume of $1 Trillion. https://t.co/stFdMDgJPZ

May 24th 2022

49 Retweets469 Likes

• sudoAMM, a decentralized NFT trading system, is nearing its public release.

Action steps

• 📺 Watch Scaling NFTs to a billion players with Immutable on Bankless

• 🧐 Read my latest Metaversal posts The ENS Boom and The new Noun times + my new tactic How to use REDACTED Cartel if you missed them

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.