Metaversal is bankless newsletter For weekly level-ups in NFTs, virtual worlds and more!
Dear country without banks
Currently, the lowest prices for many profile picture (PFP) projects are: bad compared to past highs. This has caused many to reconsider their approach to investing in NFTs.
At the same time, there is an ongoing trend in the NFT space over there From simple static collectibles to “NFTs as apps”, interactive and dynamic on-chain media that can be used for specific utilities or unlock unique experiences.
For example, I recall that sporeᵒⁿᵉ audio remixer highlighted with Recap of last week’s Metaversal You can create remixes of new songs.or JPG Canon It’s like a free on-chain Pokedex for tracking decentralized curation activity.
In such cases, the app and cultural value outweigh the inversion considerations.sure there will be everytime If there was free enterprise here, it would be there everytime You can profit. But all I want to say is that pure economic opportunity is no longer the top priority.
In other words, the “buy/sell/hold” meta is steadily joining the “mint/spend/unlock” meta. We are moving from a simple marketplace to a full-blown programmable cultural frontier where more and more NFTs are explicitly utilized. usable and open unique experience.
But for now, let’s focus on last week’s highlights in the NFT space. Thanks for reading and have a great weekend ✌️
-WMP
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The NFT market dropped slightly last week. Floor-Based Market Cap of NFT Space Starting at 8.08 Million ETH 7.88 million Ethereum In US dollar terms, it decreased slightly from US$14.74 billion to US$14.68 billion over the period.
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Did you hit the pixel penguin rug? As a consolation to the minters who thought they were doing an act of kindness, Bonnie’s Project offered manifold burnt-out redemption mints that let you burn the original NFTs and mint new commemorative Ope Penguin NFTs with negative gas for free. Dropped. No roadmap or practicality, just feeling good after failing.
1. vertex upon An NFT game with great potential.
2. stop and “Pink Drainer” Blur Attacker.
3. 4156 About nouns provided by DAO See firsthand how the project was created.
Built by Web3 developers and experimenters gregskill.ethBridge to Zora will use the Goerli testnet ETH Zora L2 testnet, was announced late last week and immediately caused a lot of excitement in many NFT circles. There’s still nothing left to do on the L2 testnet, but if you’re also excited about his upcoming new NFT frontier and want to be one of his first pioneers to leave a mark on the project, this bridge is for you It’s right next to alley.
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William M. Peester is the creator of metaversal — Bankless newsletter focused on the emergence of NFTs in the crypto economy. He is a senior writer for Bankless’s flagship newsletter and a contributor to NFT curation platform JPG.
Unbanked citizens ⚑ went from $264 to $6,077 last year. In a bear market he has a 22x ROI 🚀!
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It is not financial or tax advice. This newsletter is for educational purposes only and is not intended as investment advice or a solicitation to buy or sell assets or make financial decisions. This newsletter is not tax advice. Please consult your accountant. Find out for yourself.
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