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Dear Bankless Nation,
The markets are ugly, NFT trading volume is way down since the start of 2022, and doom and gloom’s abounding.
Zooming in, though, NFT users and NFT transactions are up on the year, and it’s no stretch to say the ecosystem is now brimming with innovative projects across numerous categories.
Markets go up and down, but builders build rain or shine, and our space’s technical and structural advances are compounding out in all directions accordingly. We’re paving the way for the next legs up, plain and simple.
In the meantime stay curious, keep exploring, and have a great weekend everyone. Thanks for reading as always ✌️
-WMP
📣 General NFT News
- Apple said NFT projects can only sell NFTs via the Apple App Store through in-app purchases.
- Chain purchased patriots.eth for the New England Patriots for 75 ETH.
Coinbase NFT started aggregating listings from multiple NFT marketplaces.
Ethereum Name Service regained control of the eth.link domain name.- OpenSea enabled support for OpenRarity and for trading on Arbitrum.
- Showtime rolled out an auto minting feature.
- Tessera, a collective ownership protocol, rolled out the Nounlets (each is 1/100th of a Noun NFT):
- Urbit launched its own EVM blockchain, the Urbit Virtual Machine.
- zefram.eth unveiled Bagholder, an NFT loyalty protocol.
- Zora introduced an airdrop system to its creator toolkit:
🏆 Digital Collectibles
- Cool Cats partnered with Habbo to launch a virtual world experience for the collection’s holders and introduced a new CEO, Stephen Teglas.
Optimism unveiled Optimism Quests, a guided tour of the L2 that lets you earn NFTs along the way:
- Matt Furie, the original creator of Pepe the Frog, released the Hedz collection.
Paradigm open-sourced the Art Gobblers codebase.
🎨 Cryptoart
- Jan Robert Leegte is releasing JPEG, a generative art project, on October 31st, 2022.
- Nifty Gateway hosted the release of Crypto Art Begins, a phygital book that details the early history and pioneers of the cryptoart movement.
- Tyler Hobbs released QQL, a collaborative generative art experiment, an announced an associated mint pass contest:
🎮 Decentralized Gaming
- Axie Infinity released a midseason balance patch for Axie: Origins Season 1.
- Civitas published the latest version of its whitepaper.
💽 Music NFTs
- sound.xyz unveiled Sound Protocol:
🌐 Virtual Worlds
- Decentraland launched an emotes marketplace.
- Somnium Space introduced WEB WORLDS, an automatic parcel enhancement tool.
💎 DeFi x NFTs
- The
Uniswap Foundation announced its first wave of grants.
Action steps
🔥 Read 10 psych hacks for investing in Bankless
📸 Watch Weekly NFT Recap #38 on Overpriced JPEGs
🌳 Watch an interview with Filecoin’s Alan Ransil on Green Pill
🧐 Catch up on my other write-ups from this week:
Nouns
