Metaversal is bankless newsletter Weekly level-ups for NFTs, virtual worlds and collectibles
Dear country without banks
I feel strong.
Recently, a wave of new NFT resources has been launched or is beginning to gain unprecedented momentum.
In today’s post, I’ll show you some of these projects that I’m looking at right now, and that I think you should too!
-WMP
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We promise new NFT resources to put on your radar!
🎊 foundation drops
tl;dr: Drops are a new way to create or collect large NFT collections in Foundation.
Link: basic overview | | long guide | | Frequently Asked Questions
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This service allows creators to deploy smart contracts that represent drops. Collectors can then create her NFT from customizable mint pages.
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Drops allow the creation of up to 10,000 unique ERC721 NFTs for the price of a single mint, making them a more gas-efficient and cost-effective way for creators to launch large-scale projects compared to Foundation Collections. It’s a highly effective system.
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Unlike collections that can grow over time, Drops collection sizes are fixed at the beginning of a project.
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Additionally, while drops have a fixed price for each NFT, collections can have different prices for each NFT.
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Drops supports Packs. This is how the collector creates multiple NFTs in her single transaction.
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The publishing and randomization process for these NFTs is unique, with placeholders before publication and a “magical moment” opening experience for owners.
🏟️Stadium
tl;dr: STADIUM is a new on-chain gaming protocol for promoting the esports community.
Link: website | | player card mint page
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of BLVKHVND Collaboration with esports DAO Zora and ParagonsDAOhas just started the launch of the STADIUM on-chain esports hub system.
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STADIUM is powered by the Stadium Protocol, which aims to be an open-source protocol for broad support of on-chain competition for any game, casual or professional.
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The system allows players to launch teams and participate in events, purchase NFTs to create prize pools, and hone their skills with unlockable assets.
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Your STADIUM experience starts with your on-chain identity. This is represented by the Player Card NFT, which is customizable, dynamically rendered, and an entry point into the STADIUM ecosystem.
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Player cards are bound to your wallet during competition and cannot be transferred until you unlock them again after playing.
🚰 Liquid Delegate
tl;dr: Liquid Delegate is a new decentralized way to facilitate liquidation-free, risk-free NFT rentals.
Link: announcement | | Liquid delegate marketplace
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The team behind delegate.cash has announced Liquid Delegate, a system that converts NFT delegated rights into tradable NFTs.
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Example: If you have a BAYC Sewer Pass, but don’t want to play the related Dookey Dash game, you can create a 2-week entitlement to pass access and sell that entitlement as an NFT on the Liquid Delegate marketplace. can. Ultimately maintain ownership of the pass.
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Owners can deposit NFTs into an escrow smart contract and receive associated Liquid Delegate NFTs. This can be put up for sale at a price of your choice or burned when it expires to get an escrowed NFT.
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Potential use cases for this new kind of delegated NFT include trading airdrop claims, trying out alpha passes, selling IRL event spots, and more.
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Liquid Delegate monetizes through small creation fees, ERC-2981 loyalty standard integration, and secondary transaction loyalty fees.
caviar pool
tl;dr: Caviar, a new breed of NFT Automated Market Maker (AMM), has launched a private beta. on the allow list NFT community.
Link: website | | document | | twitter
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Caviar is a new gas-efficient NFT AMM protocol for NFT and ERC20 token swaps.
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Instead of an order book system, Caviar uses liquidity pools where traders buy and sell and liquidity providers supply assets.
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Unlike other NFT AMMs today, Caviar uses a “desirability classifier” to organize NFTs in a collection into subpools via their desirability scores (e.g., low-tier to high-tier mints).
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This protocol supports ERC20-mediated splitting of NFTs to unlock liquidity in scarce and low-supply subpools.
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At scale, every Caviar master pool has multiple independent price curves that describe the liquidity of the entire NFT collection.
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Caviar Liquidity Providers (LPs) depositing ETH and NFTs earn yield from the protocol-charged 1% fee on every trade, so more trading activity means more revenue.
🎷 Alt Market
tl;dr: The free, jazz-themed Alto Market is the first NFT marketplace on the fast-growing EVM-compatible Canto blockchain.
Link: website | | twitter | | discord
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Alto Market is a new NFT marketplace on Canto L1, the Cosmos app chain.
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For now, Alto remains niche because it’s new. The Canto NFT scene is just getting started. double bridge system Not yet — but the market is starting to explode in that amount of stats as more people head there.
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If you’re still unsure about trying Canto for yourself, don’t worry. His next Tactic Tuesday article will be a “Beginner’s Guide to Canto” that will get you up and running in no time.
action step
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Follow these 5 new NFT resources: foundation drop, stadium, liquid delegate, caviar pooland alt market 👀
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If you missed it, see my previous post: Bitcoin NFTs 🚀
Author biography
William M. Peester is a professional writer and creator of metaversal— Bankless newsletter focused on the emergence of NFTs in the crypto economy. Recently, we also provide content to Bankless, JPG, etc.
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It is not financial or tax advice.This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions. This newsletter is not tax advice. Please consult your accountant. Please do your own research.
disclosure.From time to time I add links to products I use in this newsletter. We may receive a commission when you purchase through one of these links. Additionally, bankless writers hold crypto assets.see usClick here for investment disclosure.
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