An NFT game is generating more 30-day protocol revenues than DeFi heavyweights like
@MakerDAO
,
@SushiSwap
, and
@CurveFinance
🤯
That NFT game is
@AxieInfinity
!
Something special's happening, so let's dig a bit into the numbers 👇
I've written 500 articles between Metaversal + Bankless (I do weekly DeFi tactics in the main newsletter).
I independently curate, write, and edit every single Metaversal post. I quarterback the majority of my DeFi topics too, but some ideas come via team brainstorms.
The
The
@sovrnart
team kindly granted me 25 CENTS allowlist spots to give out
Just head to the pinned cast in /metaversal on Warpcast and comment your Ordinals address to nab a spot, FCFS
Been in a period of transition, slept on floors/couches past 3 years. Happily got my 1st place ever today. Modest but in the mountains. I look forward to rejuvenating and doing my best work ever from here on out ⛰
"Metaverse" was mentioned 20x in Facebook's last earnings call.
The Galactic Empire has invasion plans, eh?
Too bad us rebels have superweapons for connecting VR worlds into an open, user-first metaverse. To Facebook, we raise Ethereum + NFTs 🪐
The
@webaverse
drop week is here
In this post I walk through the basics of why the Webaverse is special, what Upstreet is, mint details, & more
tl;dr the open metaverse has a fighting chance
Where Ordinals beats everyone right now is cheap resolute onchain storage
Yet Ordinals ownership is tracked offchain - any smart contract chain NFTs are more robust here, e.g. Ethereum NFTs, Solana NFTs
The inverse is many smart contract chain NFTs use offchain storage, though
The NFT CC0 movement is picking up steam.
@nounsdao
's at the forefront of the buzz.
So what's new with the Nouns?
A lot!
From the evolution of
@nounsprophouse
to rise of the
@lilnounsdao
, let's get you up to speed on nounish happenings.
Terraforms by
@mathcastles
springs out of, and across, no less than 5 of Ethereum's most compelling art scenes:
🔴 Auteur — Made by a small indie team without outside backing.
⚫ Conceptual — The central concept, a networked sculpture, takes precedence over traditional
My watch at
@______jpg______
's over (for now)
Tough conditions for an NFT curation startup, you understand. JPG’s going into pause mode.
Just wanted to say I’m filled with a fiery sense of pride about what we accomplished ‘til now, & that it was a very special time in my life.
One of the coolest NFT projects around right now is
@artblocks_io
Art Blocks NFTs are:
-on-chain
-generative
-supported by a blossoming community of artists and collectors
Interested in getting started? Here's how, plus some key things to consider! 👇
Let's talk nouns.
@nounsdao
, that is! In this 101 guide on Nouns, you'll find:
-glossary of key terms
-cool resources
-related projects like
@sharkdao
@verbs_team
& more!
Whenever someone asks about the experimental NFT project, you can link 'em this:
Finding interesting NFT projects early 101:
1) Use discovery apps like
@context
2) Follow NFT leaders
3) Track news aggregators like
@Darrenlautf
The Daily Ape
4) Join good public chats like
@10b57e6da0
's NFT Avenue
5) Analyze trends
@nansen_ai
New NFT lending protocol
@JPEGd_69
needs to ensure its non-fungible debt positions, or NFDPs, stay solvent!
To do so, the team has turned to
@chainlink
🖇️
First up, Chainlink's built an on-chain oracle for CryptoPunk floor prices. Here's how it works 👇
🟣 Metaversal 🟣
@blur_io
is calculating "Airdrop 3" $BLUR rewards right now where you gain points for bidding on NFTs 🪙
With a new deadline you've got more time for bidding, so here's the basics + what bids go the furthest 🙇
Rn Ethereum appears to use less energy annually than the US video game industry. In months, it'll use the annual energy of ~1k people, a +99% reduction.
How will the video game industry go similarly green? Well, they could onboard to Ethereum + L2s over the next 20 years 💚
Our 14th Valentine's Day together!
Back in high school, I marched into Kayla's language class, asked the teacher how to say "Will you marry me?" in French, and asked KP on the spot
We've been inseparable since 🥰
NFT games like
@aavegotchi
are on the front lines of L2 scaling.
The game's new bridge to
@maticnetwork
is live, so early migrators are going to be rewarded for being the first over. How so?
This $GHST to L2 guide has everything you need to know!
Today
@SuperRare
unveiled its 2.0 platform, which introduces:
-The $RARE curation token
-SuperRare DAO
-SuperRare Spaces (independent storefronts)
-customizable artist minting contracts
& more!
Big congrats to the SR community, catch up here 👇
Today
@ENS_DAO
activated upgrades to core
@ensdomains
smart contracts, most notably to the "Name Wrapper" system 🎉
The evolution here is going to offer ENS owners greater flexibility and functionalities, enabling all kinds of new use cases 👇
🌍 Virtual world = single VR space (e.g. Fortnite)
🌠 Metagalaxy = an interconnected group of VR worlds (e.g. Cryptovoxels, Decentraland, Somnium Space, Webaverse)
🌌 Metaverse = the universe of metagalaxies, one day with browsers/UI capable for easily surfing it to and fro
1/9
This week
@optimismPBC
opened up Optimism to the public.
Now, anyone can deploy dapps to the scaling solution to benefit from the L2’s low cost, very fast txs.
This could be huge for the NFT ecosystem!
888.25 ETH!
That's the new all-time NFT sale record for 9 Genesis parcels in
@AxieInfinity
, among the choicest of virtual lands.
Congrats
@seedphrase
,
@Its_Falcon_Time
, & the rest of the Axie community on making history. The journey's just beginning!
Thanks to zkEVM, the engine powering the coming
@zksync
2.0 system, NFTs on Ethereum are about to seriously level up
The zkEVM 101:
-20,000 txs a second
-super inexpensive
-all of Ethereum's security guarantees
Here's a glimpse at the near future 👇
1/ Understanding 'Angelus'
- the latest artwork by
@Mathcastles
Priced to sell at less than 0.00001Ξ, yet nearly impossible to buy.
Its price is derived from a hidden image, and they can prove it, but we may not live to see the purchase.
↓ An appreciation by
@remnynt
Big day for the
@AxieInfinity
ecosystem!
@SkyMavisHQ
, the creators of Axie Infinity, just raised $7.5M 💰
If the team's track record is any indication, the new war chest will be put to great use in helping this popular NFT game continue to level up 📈
The
@indexcoop
community just launched its first NFT focused index!
Meet The Metaverse Index $MVI
I talk with the index's managers,
@DarkForestCap
&
@verto0912
, to get their insights on what the project is all about 👇
For liquid exposure to NFTs, two avenues to consider:
-NFT indices
-fractionalized NFT collections, like B20, $WHALE
In this Metaversal write-up, I outline how to easily approach either, ft.
@NFTX_
@NiftyMuseum
@NIFTEX
@metapurse
@WhaleShark_Pro
🔥
I love onchain art that treats the blockchain as a new medium with unique possibilities and constraints
I'm also a big fan of storage solutions like IPFS, Arweave, and Filecoin though!
I'll be breaking down why these matter and their basics in a write-up next week, stay tuned
With the news today that
@______jpg______
is officially shuttering, I wanted to say...
I do think there will come a day when NFTs will have reached all the far-flung corners of people’s lives
Toward that point, “mass adoption” isn’t an end, but a means to an end
That end being
My watch at
@______jpg______
's over (for now)
Tough conditions for an NFT curation startup, you understand. JPG’s going into pause mode.
Just wanted to say I’m filled with a fiery sense of pride about what we accomplished ‘til now, & that it was a very special time in my life.
A rising star imo is
@cartridge_gg
, which builds infra for creating and managing onchain games.
Quite a stack to lean on:
🥷 Dojo — A provable game engine + toolchain. Made as a collab with
@briqNFT
&
@LootRealms
, Cartridge now leads its dev.
🗡 Katana — A sequencer optimized
i fell in love with Nouns 3 years ago and have followed closely ever since
it was always my destiny to join, and now it's time
gonna propse a swap with the treasury for a ghost head Noun, my fav, in the meantime i love and steward 1074
Today
@pillheadddd
demo'd for me the
@pillsuniverse
avatar builder, live later this month. The crafting experience and underlying lore possibilities are nothing short of incredible, this is one I'm really excited for 💊
You no longer have to pay ETH to create an NFT on Zora!
The 1st minter covers that cost and then earns 0.000111 ETH from Zora Protocol Rewards for each mint after for the help, win win
New L2 skill tree challenge:
@quixotic_io
🔴
Today we talk
"hop in"
@HopProtocol
to sendETH to
@optimismPBC
for trying Quixotic's L2 NFT shop
The L2 scene is early yes
but testing now
prepares us for tmrrw (& tmrrw, & tmrrw)
WTF is Loot?
That's an open question for now, up to us to answer.
There are def some basics to know, though. Yet things have happened so fast around Loot that many people feel lost!
No worries, time to play catch up - here's your
@lootproject
101 🧙♀️
Staying current with NFTs is a 24/7 job these days ✍️
My tip? Find great news aggregators, people who routinely curate notable news, and plug in.
But you'll need to follow people around Ethereum, DeFi, etc. to get the big picture. Some recommendations:
1/ ♾Metaversal:
Vault your NFTs in a cold wallet?
Signing txs, like airdrop claims, with your best NFTs in one place is risky.
It only takes one convincing scam site, one lapse of focus to sign the wrong tx and get swiped!
Here, cue in
@delegatecash
The newly unveiled
@ourZORA
V3 protocol is an onchain marvel.
It's robust. It's flexibile. And it introduces new infra that could have big impacts in Zora's sphere of influence and beyond.
Let's talk V3 👇
As a creator, I'm inclined to mint on the Zora L2. NFT-wise I've felt a neutral vibe toward existing L2s. But because of the brand/culture/history/vision, Zora seems a more ideal fit. For example I'd rather mint a writing NFT like a poem there than elsewhere
The
@redstonexyz
mainnet launches tomorrow!
It brings together two powerful things:
↳ an efficient Plasma-inspired design
↳ native MUD support
This Plasma-like approach slashes security costs by over 90%, making Redstone great for complex, gas-heavy apps
🌍 Virtual world = single VR space (e.g. Fortnite)
🌠 Metagalaxy = an interconnected group of VR worlds (e.g. Cryptovoxels, Decentraland, Somnium Space, Webaverse)
🌌 Metaverse = the universe of metagalaxies, one day with browsers/UI capable for easily surfing it to and fro
On-chain, out-of-the-box treasury management.
Flexible and transparent tech.
Over time, I think programmable treasury infra like
@juiceboxETH
will become increasingly go-to solutions for NFT projects. Let's explore what I mean in today's post!
One of my bucket list to-dos? Vote in
@nounsdao
proper!
Now I can thanks to
@WilsonCusack
delegating Noun 652 to me for this July 🙏
My platform? Hyper pro-spending, hyper pro-experimentation. Will be posting my vote reasonings on the TL here over the next few weeks ✌️
Some cryptoartists active today will have major significance decades from now.
In my mind,
@XCOPYART
is surely one of these creators.
The purchase of XCOPY's "Death Drip" by
@punk4156
on
@SuperRare
only further cements the artist's growing legend!
Exciting day as
@AsyncArt
just launched Async Music 🎼
Programmable songs with 100s of 1000s of possibilities via variants, fans can mint "snapshots" as NFT records.
The initial lineup includes songs from
@ConnieDigital
,
@RAC
,
@VerdigrisEnsemb
, & more!
Ethereum's metaverse infrastructure, ETH is metaverse money in the making.
L2s (validiums, volitions, etc) are going to support billions of metaversal users. NFTs + DeFi are common socio-economic railing to connect worlds into a 'verse.
Lo, the future!
in today's Metaversal i shared a note to my readers on why i joined
@nounsdao
this week, figured i'd xeet here:
A personal note here today, if I may.
This week I joined the Nouns by acquiring Noun
#1074
.
It's the culmination of a three year journey for me. I started covering
Will hit my 400th
@MetaversalXP
@BanklessHQ
write-up this week
I've published 4 guest posts before, so my tally's currently at 397 posts 🫡
Any nft topics you'd like to see me cover on the road to 500?
Today, let's talk about Ethereum's metaverse as digital nations 🗺️
Each has its own style, culture, and economies, though all are linked by Ethereum 🔗
Credit to
@accel_capital
@Its_Falcon_Time
for crystallizing this perspective for me 👇
NFT farming platform
@DontBuyMeme
has been optimized via the MEME 2.0 upgrade 🍍
We've also just seen new social NFT project
@Niftys
make a buyup of $MEME
My 2 gwei? The prospects of the Meme ecosystem are juicy with possibility
First time I had coffee was the day this pic was taken, I was 13 and visiting Rome
I had never "written" before but got so geeked up I spent the rest of the day spontaneously writing what must've been like 20 pages of bad song lyrics
Never looked back since tho, ty coffee lol
I've a lot of musician friends, and they've been asking me about NFTs lately.
So I did what I do: create a guide on why, how, and where to mint music NFTs!
Interested in minting your own songs, or know someone who might be? Check out this explainer.
Recently
@NTmoney
's been sharing incredible stats from the
@1confirmation
2021 NFT Year in Review report.
Cheers to them, the report will be a great benchmark to track the growth of NFTs against over 2022.
I dove in and picked out some highlights 👇
@mdudas
Saying this because you disagree with David's personal opinions is like someone saying The Block failed because they don't like your takes
It's silly, in both cases the content speaks for itself - some of our latest write-ups for example:
"Solana Coins Explode"
"Solana Hits
As the wise
@dankvr
recently noted, there are five pillars of an open metaverse:
1) freedom of expression
2) freedom of transaction
3) open interoperability
4) right to exit
5) strong privacy guarantees
1/ This week
@optimismPBC
unveiled Optimism Collective.
The $OP + soulbound NFT gov. system goes where no L2 has gone before.
Combine this experiment w/ Optimism's full EVM equivalence, & an Optimism NFT boom could be near.
People have started joking that Ethereum is the future of France 🇫🇷
Funnily enough, 2 of France's greatest philosophers would've agreed w/ the joke's spirit & prob gone much further.
How? By viewing Ethereum, NFTs, etc. as being like rhizomes, no less!
Alrighty listen up everyone, class is in session!
We're hitting the books, or rather the blocks, for a history lesson on Ethereum's earliest art market 👨🏫
This is the story of Ethereum Art Market, created in 2014 by the legendary
@rheaplex
13th DeFi Arts Intelligencer out now! Huge week for
@cryptovoxels
with Origin City auctions done, Happy 2nd bday to
@KnownOrigin_io
, and
@Pixelchain_Dapp
proved an early hit. Be well folks and stay creative 🎨
Cute NFTs are all the rage lately!
But what projects should we consider in this category? I propose a CUTE15 grouping to easily track the activity here ⬇️
14th
@BanklessHQ
Metaversal here! Big week as always, we saw:
-
@SuperRare
raise $9M
-
@eulerbeats
Enigma launch
-
@NiftyMuseum
roll out NFT flashloan support,
& much more!
Thanks for reading, be well, stay creative 🎨
3⃣ Gasless gaming
Many txs / signatures are bad UX for a game
A project innovating on this front is
@PirateNationNFT
, which built a system where players can just *play* instead of constantly fiddling with wallets
More of this please!
As a browser-based game all you need is the Metamask extension or an equivalent ERC wallet. Gameplay is on Polygon & will be free as we’ll be covering the gas costs.
You will need to bridge your Pirate from ETH to Polygon & once on Polygon you will be able to sail for adventure!
Hi. I'm a collector of yours now. Have a sit down, here's how we are going to get that floor up
- I want a GM tweeted every morning. Without fail - I will be checking.
- RT other artists work only if they have more followers than you so you can get RT's of yours.
- Tweet notifs