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

Subscribe now

Dear Bankless Nation, 

Over the past week new NFT projects blitzed onto the scene, new faces arrived, and new narratives gained ground.  

Metaphorically speaking, the ground beneath you can shift rapidly in this ecosystem. And oftentimes this rebalancing seems to happen just as soon as you’ve gained your footing from previous shiftings. 

That said, stay nimble and curious. Tap into our space’s hivemind when you need to learn more. Keep your eyes peeled. Your crypto and NFT skill trees will grow with each passing day, and more and more your talents will sharpen for whatever comes next here.  

In the meantime, let’s catch you up on some of the biggest NFT happenings from recent days. Thanks for reading as always, and have a great weekend everyone. 

-WMP

🙏 Sponsor: Rarible – discover & trade NFTs across multiple blockchains and communities✨

🛒 NFT News & Platforms

• OpenSea outlined how it intends to curb fraud and plagiarism. 

• PartyDAO raised $16.4M. 

• PoolTogether raised 100% of its legal crowdfunding goal via Pooly NFTs. 

• Prop House, a novel Nouns DAO community fundraising project, welcomed a mfers house:

<div class="tweet" data-attrs="{"url":"https://twitter.com/nounsprophouse/status/1534967734181711880?s=20&t=SUddB3qQTJozN7Hcbq_Ptg","full_text":"Introducing the mfers house:nnA house for mfers to propose and vote on ideas to build up their ecosystem. nnRound 1 will be funded by @nounsdao as a nounish gesture to get started!nnwelcome mfers: prop.house/mfers ","username":"nounsprophouse","name":"Prop House ⌐◨-◨","date":"Thu Jun 09 18:36:40 +0000 2022","photos":[{"img_url":"https://res.cloudinary.com/hhsslviub/video/upload/e_loop,vs_40/vzfctwolcvhrmg20fryl.gif","link_url":"https://t.co/Zi7FAd496f","alt_text":null}],"quoted_tweet":{},"retweet_count":65,"like_count":230,"expanded_url":{},"video_url":null}”>

Prop House ⌐◨-◨ @nounsprophouse

Introducing the mfers house:

A house for mfers to propose and vote on ideas to build up their ecosystem.

Round 1 will be funded by @nounsdao as a nounish gesture to get started!

welcome mfers: prop.house/mfers

• Shibuya released Chapter 2 of its White Rabbit series. 

• x2y2 is currently the 2nd-largest NFT marketplace per activity levels:

<div class="tweet" data-attrs="{"url":"https://twitter.com/nansen_ai/status/1534919636713492481?t=HWPIE0gh_R3kY0ddjhXujQ&s=09","full_text":"1/ Weekly #NFT Market Trendsnn@the_x2y2 has become the 2nd largest NFT marketplace in terms of weekly volume, users, and transactions. nnIs it because of their 100% trading fee rebate? 👀 nnAnd other interesting all-time high numbers below, incl. first-time vs returning buyers👇 ","username":"nansen_ai","name":"Nansen🧭","date":"Thu Jun 09 15:25:33 +0000 2022","photos":[{"img_url":"https://pbs.substack.com/media/FU0hRaKUcAA2jPI.png","link_url":"https://t.co/SLMhiNFdq9","alt_text":null}],"quoted_tweet":{},"retweet_count":9,"like_count":48,"expanded_url":{},"video_url":null}”>

Nansen🧭 @nansen_ai

1/ Weekly #NFT Market Trends

@the_x2y2 has become the 2nd largest NFT marketplace in terms of weekly volume, users, and transactions.

Is it because of their 100% trading fee rebate? 👀

And other interesting all-time high numbers below, incl. first-time vs returning buyers👇

🏆 Digital Collectibles

• CryptoPunks celebrated its 5th birthday.

• Yuga Labs permanently renounced ownership of the Bored Ape Yacht Club collection’s smart contract. 

• sartoshi transferred control of the mfers project to the mfers community and then vanished. 

• We Are All Going to Die (WAGDIE), a new free-to-mint collection, topped the ecosystem’s volume charts on the week.

🎨 Art

• Pace Verso, an international art gallery, entered into a partnership with Art Blocks that will center around generative art releases. 

• Mitchell F. Chan is preparing to release a new NFT project, Beggars Belief. 

🎮 NFT Gaming

• Axie Infinity is hosting an Origin Championship event this weekend.  

• StarkNet’s gaming ecosystem is coming together nicely:

<div class="tweet" data-attrs="{"url":"https://twitter.com/dcfpascal_/status/1534853901047934976?s=20&t=lIZ6Hw1mffSsaztjOSis0w","full_text":"@pythianism called the @starkware cohort "a weird amalgamation of endearingly strange" group of builders with a focus on games; having put in a lot of time in the Starknet ecosystem, thought I’d highlight the progress of some of the best builders in the Starknet gaming ecosystem:","username":"dcfpascal_","name":"xNFT DCF PASCAL","date":"Thu Jun 09 11:04:20 +0000 2022","photos":[],"quoted_tweet":{},"retweet_count":29,"like_count":161,"expanded_url":{},"video_url":null}”>

xNFT DCF PASCAL @dcfpascal_

@pythianism called the @starkware cohort “a weird amalgamation of endearingly strange” group of builders with a focus on games; having put in a lot of time in the Starknet ecosystem, thought I’d highlight the progress of some of the best builders in the Starknet gaming ecosystem:

💽 Music

• Async Art launched Music Blueprints, a generative music publishing system for creators. 

• Mint Songs V2 launched. 

• SporesDAO released Spores, a music NFT remixer:

<div class="tweet" data-attrs="{"url":"https://twitter.com/ourZORA/status/1534965578850521089","full_text":"Spores is a new way to remix Music NFTs.nnThe @SporesDAO team have created a fun remixing experience and an easy way for artists to mint and sell their Music NFTs each week.nnBuilt on Zora:n↳ spores.vision ","username":"ourZORA","name":"🌜🌞🌛","date":"Thu Jun 09 18:28:06 +0000 2022","photos":[{"img_url":"https://substackcdn.com/image/upload/w_728,c_limit/l_twitter_play_button_rvaygk,w_120/pkpnkvqpuliugrewbeew","link_url":"https://t.co/MdN9gCkXUx","alt_text":null}],"quoted_tweet":{},"retweet_count":26,"like_count":118,"expanded_url":{},"video_url":"https://video.twimg.com/ext_tw_video/1534965175282978841/pu/vid/1230×720/GH5PrB-bq9bzId04.mp4?tag=12"}”>

🌜🌞🌛 @ourZORA

Spores is a new way to remix Music NFTs.

The @SporesDAO team have created a fun remixing experience and an easy way for artists to mint and sell their Music NFTs each week.

Built on Zora:
↳ spores.vision

• Coopahtroopa.eth published This Week in Music NFTs – June 6th. 

🌐 Virtual Worlds

• Decentraland is voting on whether to add Woodies to its Linked Wearables Registry. 

• Voxels kicked off its Chronos Island festivities:

<div class="tweet" data-attrs="{"url":"https://twitter.com/cryptovoxels/status/1534430992017940480","full_text":"We apologize for the delays in releasing the Chronos Island as we encountered a couple technical issues. nnExcited to share that Chronos Island is now here! Whom will you be joining force with: Summer, Autumn, Spring or the Winter leaders? nnvoxels.com/play?coords=SW…nnGo explore!:) ","username":"cryptovoxels","name":"Voxels","date":"Wed Jun 08 07:03:51 +0000 2022","photos":[],"quoted_tweet":{"full_text":"Climate Change poses a huge challenge to the world.nAnd we are responding by turning back the clock.nTo a climate in harmony with the earth.nJoin the four seasons leaders on Chronos Island! nnDA starting June 7th (US) | June 8th 2022 (NZ)nn#metaverse #NFT https://t.co/lUejVwWEBy","username":"cryptovoxels","name":"Voxels"},"retweet_count":3,"like_count":9,"expanded_url":{},"video_url":null}”>

Voxels @cryptovoxels

We apologize for the delays in releasing the Chronos Island as we encountered a couple technical issues.

Excited to share that Chronos Island is now here! Whom will you be joining force with: Summer, Autumn, Spring or the Winter leaders?

voxels.com/play?coords=SW…

Go explore!:)

💎 DeFi x NFTs

• APE holders voted to keep ApeCoin in the Ethereum ecosystem for now. 

• JPEG’d activated support for Bored Ape and Mutant Ape lending. 

• MakerDAO celebrated World Environmental Day with a commemorative POAP collection:

<div class="tweet" data-attrs="{"url":"https://twitter.com/MakerDAO/status/1533442499024408577?t=T58PVaO5Nxp0uAqAF0ZnnQ&s=09","full_text":"MakerDAO celebrates World Environmental Day by presenting Nature, a POAP collection that symbolizes the role of Maker Vaults and Dai within the web3 ecosystem.nnClaim your POAP and contribute to the conservation of Nature.nn🌲 nature.makerdao.com ","username":"MakerDAO","name":"Maker","date":"Sun Jun 05 13:35:56 +0000 2022","photos":[{"img_url":"https://substackcdn.com/image/upload/w_728,c_limit/l_twitter_play_button_rvaygk,w_120/iugxeny8zbzi0tfowthp","link_url":"https://t.co/6NZqI8B17P","alt_text":null}],"quoted_tweet":{},"retweet_count":27,"like_count":100,"expanded_url":{},"video_url":"https://video.twimg.com/ext_tw_video/1533440744496803843/pu/vid/480×270/txB7R2YdWsaVV0Dn.mp4?tag=12"}”>

Maker @MakerDAO

MakerDAO celebrates World Environmental Day by presenting Nature, a POAP collection that symbolizes the role of Maker Vaults and Dai within the web3 ecosystem.

Claim your POAP and contribute to the conservation of Nature.

🌲 nature.makerdao.com

Action steps

• 📺 Watch Soulbound | A Discussion with Vitalik Buterin and Evin McMullen on Bankless

• 📺 Watch Interview with MeebitsDAO’s Danny Green on Overpriced JPEGs

• 📺 Watch The World Game with METADREAMER on Green Pill

• 🧐 Catch up on my other write-ups from this week: 

  • The Merge and NFTs

  • Free-to-Mint NFTs

  • Your Guide to the Synthetix Ecosystem

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!

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

Subscribe now

🙏Thanks to our sponsor

RARIBLE

Rarible.com is a top multichain NFT marketplace underpinned by Rarible Protocol, the open source, community-governed NFT API that simplifies building community marketplaces and any other NFT projects and integrations.

💸 Connect up to 20 Ethereum, Polygon, Tezos, Flow wallets to your profile

🙋‍♀️ Place a floor bid on BAYC, BossBeauties, mfers, and other NFT collections 

📲 Monitor and manage your NFT portfolio in Rarible mobile app (iOS, Android) 

🔗 Start building on Rarible Protocol: no API key, no rate limit, your own node option

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.