The NFT Crossroads 🛣 – by William M. Peaster


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Metaversal is bankless newsletter Weekly level-ups for NFTs, virtual worlds and collectibles

Dear country without banks

The world of NFTs is at a fascinating crossroads, with avid proponents and skeptics clinging to the ongoing debate about NFTs’ potential and longevity.

That said, if you delve into the current market conditions, you find yourself caught between bullish excitement on the one hand and bearish anxiety on the other.

myself? I am definitely a bull. I’ve been here a long time, so I can confidently guess just how much crazy things can happen from here.

So today’s post is as usual. Let’s dive into the NFT’s bullish happenings and biggest news of the past week he!

-WMP

🙏 Sponsors: Kraken Kraken NFT is built for secure NFT trading

NFT market cap rises from 8.04 million ETH this week 8.09 million ETH That’s a profit of about 0.6%. The slight uptick here is a bit ironic given how OpenSea’s trading volume levels have been trending. 20 month low Sentiment in the NFT space in the non-art world has been pretty bearish lately. Keep exploring what you want to explore!

When it comes to 7D volume stats, the usual faces — MAYC, BAYC, Azuki, and ‘Punks — topped the charts this week. What’s really interesting is this week’s surprising No. 5 and his No. 6 projects, Miladies and DeGods. Milady’s surge comes as the project’s meme power is at an all-time high and DeGods, who recently transitioned from Solana, shows strong action.

Coinbase’s “Stand with Crypto” NFT Mint is a symbol that commemorates the unity of the cryptocurrency community, featuring a blue shield that represents collective support for sensible cryptocurrency policy and belief in cryptocurrency’s potential. This Open Mint NFT has no intended utility or value, but serves as a way to show support and participate in the growing cryptocurrency community. To participate, individuals can create a free NFT of him, add the shield emoji to his Twitter display name, and sign up as a Crypto435 backer. https://actnow.io/z31xN5PAll mintage associated with the collection will be donated to vetted organizations through crypto advocacy rounds using Gitcoin.

1. dr3a.eth About new notable additions to Optimized ENS Manager app.

2. legendary Above Moonbirds Diamond Exhibition Rebound:

3. tenyang upon NFT distribution model.

Gandalf is a new platform that makes it easy to token gate web2 content over web3. Examples of content types that are currently gatable include Gitbook docs, Google docs, Medium posts, and Notion publications. For NFT projects, this will be your resource for customizing your community experience.

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There is currently a proposal before Nouns DAO Mint 5,000 “Stand with Crypto” Coinbase NFT. Problem?that 5k was intended Up As for the leaderboard, Coinbase’s Brian Armstrong has already won 7,999 mints. Now let’s see what the Nouns DAO does…

William M. Peester is a professional writer and creator. metaversal— Bankless newsletter focused on the emergence of NFTs in the crypto economy. Recently, we also provide content to Bankless, JPG, etc.

A Bankless Citizen ⚑ took $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 strictly educational and is not investment advice and is not 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 us Click here for investment disclosure.


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Conor the Tech Veteran
He previously spent 6 years publishing research on tech stocks, and believes in using a combination of fundamental, technical, and quantitative analysis. Prior to a career in tech stocks journalism he was a technology and semiconductor analyst with a research team.

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