Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & more!
Dear Bankless Nation,
Rainbow just added in-app minting. Gallery is about to. TITLES already offers it as a cryptonative riff on the AI image gen apps I wrote on yesterday.
In other words? It’s getting easier and easier to mint new things across the board in the NFT space these days, and it’s these sorts of UX advances and proliferation that I think will pave the way to onchain media becoming ubiquitous in the future.
In the meantime? Have a great weekend and stay creative as always, for now let’s just get you caught up on the past week in NFTs Metaversal-style ✌️
-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 declined from 5.5 million ETH to 5.3 million ETH for a 3.63% drop ⤵️
🔝 7D top collections by volume
🏹 Settle, Hunt, Claim, Repeat.
Be more bankless and become a Bankless Citizen today!
📰 General news
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Bob Burnquist, the legendary skateboarder, joined Nouns DAO.
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ENS updated its domain management system and is prepping an implementation of its next-gen L2 resolver.
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fxhash unveiled ONCHFS, a.k.a. the onchain HTTP file system.
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Kraken opened claims for the Williams Racing Grid Pass, an F1-centric membership perks NFT.
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Party rolled out Creator Splits.
🏆 Digital collectibles
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Cool Cats launched its customizable Avatar System.
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y00ts released its Ethereum bridge.
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Yuga Labs has teamed up with Avant Arte on CryptoPunks print editions.
🎨 Cryptoart & music
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Art Blocks announced reGEN, a week of special auctions to raise funds for Alzheimer’s research.
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Deca, an NFT curation platform, unveiled a Mint on Demand feature and a feed system.
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diid released Efficax, an app that makes it possible to mint fully onchain art on Manifold.
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Fingerprints introduced Community Drops.
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Foundation unveiled its new Worlds smart contract architecture.
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remnynt is preparing to release the Proscenium series.
🎮 Decentralized gaming
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Axie Infinity kicked off its Epic Era campaign.
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Night Run is launching on the Epic Games store next week.
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Parallel is releasing its first expansion set, Planetfall, on Oct. 28th.
🌐 Virtual worlds
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Decentraland is hosting an AI World Fair event starting Oct. 25th.
🪙 NFTfi
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Uniswap introduced a 0.15% swap fee on certain tokens.
🎆 Mint spotlight: Do You Want to Feel Something?
My three favorite areas of cryptoart? Dynamic art, onchain art, and conceptual art. A stunner drop this week within that lattermost category was Do You Want to Feel Something? by cult classic cryptoartist sgt_slaughtermelon.
A deeply sentimental, nostalgic, and in various ways labyrinthine collection, this one’s not to be totally understood so much as it’s to be felt and vibed with and questioned through. It’s not for everyone, but it’s certainly been a hit with more than a few people in NFT land this week, hailed as the feat of an artist’s artist. I 100% agree there.
It’s not a straightforward “mint” in the traditional sense, but if you click through and explore this audio-visual collection’s incredibly layered website, you may just find yourself on a Manifold mint page like so. Some limited edition mints remain available for as low as 0.01 ETH, so if you adventure through maybe you’ll find a conceptual cryptoart gem that suits you!
🙇 New insightful reads to level up your web3 knowledge!
1. mint.fun on Mint Rewards 💎
2. Pods on OP Radio 🔴
3. Transient Labs on the Shatter smart contract 🧩
✨ My NFT tool of the week: Gallery Posts
Gallery started out as an NFT curation platform, but now it’s evolving into a full-blown social app tailored for art sharing. That shift comes courtesy of the project’s latest feature, Posts, which lets creators and collectors post and comment on their NFT creations or collections in a familiar feed format. If nothing else, it’s a new avenue for us NFT adventurers to showcase our favorite pieces, so check it out!
😜 Take me back to DeFi Summer…
P.S. Weekend quests!
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💻 Explore Do You Want to Feel Something?
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📌 Try Gallery Posts
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📚 Collect this week’s Metaversal posts on Mirror
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🆕 Catch up on my latest write-ups:
A Bankless Citizen ⚑ turned $264 into $6,077 last year. A 22x ROI 🚀 in a bear market!
🙏Thanks to our sponsor
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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.
