Metaversal is bankless newsletter Weekly level-ups for NFTs, virtual worlds and collectibles
Dear country without banks
Coinbase’s announcement of its own Optimism-based L2, Base, was arguably the biggest headline of the week.
Currently, only Base Goerli on the testnet is up and running. That hasn’t stopped avid NFTers from jumping onto the testnet early and learning the ropes.
You know what that means… Once the Base mainnet goes live, a boom in Base NFT mints awaits. As we’ve seen with Canto and Ordinals, there’s a lot of junk at first, but it also plants the first seeds of a new NFT scene.
We’ll have to see how that scene changes from here, but it’s sure to be a big thread to follow for the rest of 2023. In the meantime, have a great weekend everyone. NFTs of the past week ✌️
-WMP
👉 Adding MetaMask Learn to our community onboarding guides ✨
Cumulative market capitalization of the NFT space increased for the 6th consecutive week.This time he started from 9.36 million ETH 9.46 million Ether 1% increase since last friday recapThis is not a tremendous influx, but growth growth, a reminder that the NFT ecosystem has been steadily expanding throughout the year.
It’s been a hectic week for the top quality PFP collections. In the area of BAYC and MAYC, Huge flowering of selling and buying pressure effectively cancel each other out. Moonbirds saw another of his 7D volume runs. Cancellation of PROOF of Conference.
To get an idea of how dominant Blur is in the NFT trading scene right now, check out these graphs. It shows that over 80% of trading volume was driven by Blur. Love it or hate it, Blur is clearly the king of activity right now.
There were a lot of Punks and Apes deals in the recent top three weekly sales, but more variety has dominated the top recently. In other words, this newcomer was his 390 yen resale. Fidenza #157 Ξ242 resale of FOMO By OG Crypto Artist XCOPY.
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friends announced Plan to pause the projectleading to community outrage and ragpull allegations.
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stocky penguin partnered with retail monster For an upcoming Pudgy-themed toy line.
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Yuga Lab introduced toad modethe latest addition to the wider Dookey Dash event.
To celebrate the introduction of the new Base L2 and the launch of the Base Goerli testnet, Coinbase dropped this celebratory free mint on Zora. 1 mint per address is allowed and over 115,000 have already been minted so far. There are still over 48 hours left in the drop at the time of publication, so consider grabbing one if you want to join the celebration!
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witch hat — The second open edition release from Nounish Animation and Nouns DAO, this Ξ0.05 premiere mint commemorates the decentralized creation of this short fantasy about a young wizard named Harriet and her mentor Grummelot. increase.
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daring — Created by artist, CC0 remixer, and Nouncil member Greta, Bold Ones is a collection that honors pioneers in the NFT space. Whitelist mints will start at £0.0099 each on his February 28th, after which public mints will cost £0.0123 a pop.
1. Freddie Farmer On how NFT creators can adopt a “creator-owned liquidity” strategy via sudoswap:
2. Cigarauthors of the ERC721A standard, on the proposed “ideal” NFT mint smart contract:
3. K!NGSLEY Artist Kevin Abosch open edition The series has seen a lot of activity lately:
If you want to remove unwanted NFTs from your wallet, consider Harvest.art. This app buys NFTs at 1 gwei each. This is also great for recovering losses if needed. This technology is experimental, so use your project at your own risk.
If you’re a builder type or a member of the NFT project team, chances are you know how painful it can be to simply source gas for testnet transactions. the good news is coinbase wallet faucet Just arrived, new avenue to get daily faucet drips on 8 different testnets including Ethereum Goerli, Base Goerli and Polygon Mumbai. Keep that in mind for future on-chain experiments!
Many would say that the fRiENDSIES project was sketchy from the start. Of course, bagholder interest got in the way of a meaningful community response at the time, helping the project stall until this week’s “pause.”
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 an accountant. Please do your own research.
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