Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & more!
Dear Bankless Nation,
It’s Friday, so you know what that means: roundup time.
The “Fresh Mint” drop this week is a wildcard, and the “Tool Tip” resource looks perfect for squadding up onchain.
Read on to learn what these highlights are, as well as for a recap of the whirlwind of NFT news we’ve seen in recent days.
Thanks for being along for the journey everyone, have a great weekend ✌️
-WMP
🙏 Sponsor: Kraken — Kraken NFT is built for secure NFT trading ✨
📊 The big picture
Over the past week, the floor-based market cap of the NFT space slightly grew from 8.52 million ETH to 8.56 million ETH for a 0.5% gain ⤴️
🔝 7D top collections by volume
We’re shipping another tool for your crypto tool belt 🎁
Claimables launches on Bankless soon™️ What are Claimables? How much will you claim?
📰 General news
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Glass Protocol, a platform for decentralized videos, is stopping development.
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Holograph, a multichain NFT platform, added support for Zora Network.
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Mirror introduced Discovery, a new mintable content curation system.
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Nouns DAO is facing its first potential fork.
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Onchain Summer generated +700k total mints.
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Story Protocol, an open IP repository and protocol, arrived.
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Verbs, a team within Nouns DAO, is building a new Nouns Governor system.
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Zapper added support for Lens profiles.
🏆 Digital collectibles
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CryptoPunks integrated Flashbots on its native marketplace to prevent bid frontrunning.
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Deadfellaz unveiled RIP TCG, an upcoming digital trading card game.
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OnChainMonkeys migrated to Bitcoin.
🎨 Cryptoart & music
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Luke Weaver was revealed to be the artist for Opepen Set 016.
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Manifold introduced Claim Codes for mint access via text-based codes.
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Sound introduced a native secondary marketplace.
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Vinnie Hagar’s Diary generative open edition raised +150 ETH.
🎮 Decentralized gaming
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Axie Homeland kicked off pre-beta gameplay.
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Cartridge, a new onchain gaming company, introduced itself.
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Google loosened its ad guidelines for NFT games.
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Kaiju Cards migrated to Arbitrum and the Treasure ecosystem.
🌐 Virtual worlds
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The Sandbox published a new LAND owner roadmap.
🪙 NFTfi
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Arcade, an NFT lending protocol, unveiled its V3 system.
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FloorDAO was hit with a rebase exploit for 40 WETH.
🎆 Mint spotlight: Sugartown Oras
It’s estimated ~10% of the world’s population plays Zynga mobile games. That’s why I’m watching the Oras mint for Zynga’s upcoming web3 game, Sugartown. Make no mistake, 100% of the 6,000 pieces up for the Sept. 13th free mint have already been allowlisted, so the Phase 3 public mint may never happen.
Still, keep your eyes peeled on the off chance that it does, and see where the dust settles after the immediate secondary market action. If prices aren’t insane, this ticket to Sugartown could be an interesting pick up for exploring the future gameplay.
🙇 New insightful reads to level up your web3 knowledge!
1. WASD on DeSports 🏆
2. metamike on the Webaverse unrugging 🌐
3. Charged Particles on its NFT liquidity mining campaign ⚛️
✨ My NFT tool of the week: Manual Party Invites
Want a swift way to kickstart a group wallet with your friends? Party’s new feature, Manual Party Invites, can be your new go-to. Instead of crowdfunding, simply select your squad members using their ENS name or Ethereum address. Customize voting power, add your art, and voilà, instant NFT memberships airdropped to your group. Dive in deeper with features like delegation, ERC20 + NFT trading, email alerts, and more. Perfect for those looking to form their onchain crew without needing to crowdfund first.
😜 Holding in there, bear market style…
P.S. Weekend quests
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🎉 Check out Manual Party Invites
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🆕 Read The Burning Man Network State and Solana Bulls Get Pumped in Bankless
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🙇 Catch up on my other write-ups from this week:
A Bankless Citizen ⚑ turned $264 into $6,077 last year. A 22x ROI 🚀 in a bear market!
🙏Thanks to our sponsor
KRAKEN NFT
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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.
