Metaversal is bankless newsletter Weekly level-ups for NFTs, virtual worlds and collectibles
Dear country without banks
Bull market or not, there is still something interesting to see in the NFT ecosystem as magical internet tokennomics continue to engulf the digital world.
Much of the growing intrigue here stems from how the web3 frontier is rapidly expanding before our eyes — appchains, omnichains, zkEVM, L3, and more.
That being said, with big changes happening all around us, it’s important to stay up to date on the big happenings on the NFT Frontier. So let’s catch up on last week’s main intrigue as usual. thank you for reading! 🤝
-WMP
👉 Across.to is the bridge you deserve!
This week, the market cap of NFTs fell, dropping from 9.6 million ETH to 8.6 million ETH ($15.78 billion), down 10.4% over the last seven days. Recently, major cryptocurrencies such as BTC and ETH have taken the lead in the crypto economy amid broader market turmoil. Additionally, the recent headlines surrounding Arbitrum’s $ARB airdrop have kept NFTs out of the spotlight for the time being.
The big move this week was CryptoPunks, or technically Wrapped CryptoPunks. This is a “wrapped” version of Punk that can be readily traded on popular NFT secondary marketplaces. Since the $BLUR Farmers have taken action, there has been a huge spike in their activity. Turning attention to “punks” In a very intensive way these days.
Last week, Blur’s NFT volume market share dropped from 77% to 72%, while trading market share dropped from 56% to 51%. A similar trend was seen this week as the platform’s volume market share fell from 72% to 69% and trading market share fell from 51% to 43% over the past seven days. Is the prime of $BLUR farming over?
It’s not a one-time drop, it’s Arbitrum’s new social app that allows you to “steal and reveal” other people’s hidden NFTs, allowing others to “steal” your own You can easily create hidden NFTs. Stealing an NFT called ‘Memories’ on Stealcam increases its price by 0.001 ETH plus 10% of its previous price each time, refunding the previous owner the initial payment and the surplus to the previous owner. divided between (45%). ), authors (45%), and protocols (10%). If you’re looking for new things to try with Arbitrum, this is a fun new app.
-
noun comic #1 generative cover — This ‘Themed Park Nouns’ mint offers over 500 million possible permutations created from 7,000 hand-painted artwork. The cost is 0.003 ETH each, and the proceeds will be used to donate physical copies of the comics to youth hospitals in North America. As of this writing, Mint is less than a day away.
1. coin base Instructions for using Creator Hub:
2. Please DAO Rise of Uniblock:
3. onion For the best resources for getting Nounish in Space:
Some of you may remember, but remember I wrote about how to do that before. Backup NFT metadata via ClubNFTAs of this week, ClubNFT is listed in the “Discover” section of the Ledger Live app, Ledger Market Path Genesis Owners have access to free NFT pinning services for up to 6 months through partnerships. If you’re interested in enhancing your NFT collection for the long term, the Ledger x ClubNFT combo is the perfect place to start.
It is certainly so. But which one? This is an issue the U.S. Internal Revenue Service (IRS) is currently seeking feedback from the public regarding how the oversight agency is approaching his NFT taxation. A two-month comment window has begun. I have to say it’s refreshing to see the agency approaching her NFTs so pragmatically and openly. The SEC, which is currently trying to crack down on cryptocurrencies, should take note.
PleasrDAO’s recent Unsocks burn event is one of the craziest and funniest things in the NFT space in recent memory, but explaining it to someone unfamiliar with NFTs might sound insane like this guy. yeah…
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.
apply bankless$22/month.include Archive access, inner circle & badge.
Across Fast speeds, low prices, great support, no hacks, and we love our users. Try it once and you’ll see why. Across Our users love us, and we’re bridging billions of dollars.
Yield Farmers can also find attractive yields to provide liquidity for their bridges! 👀
👉 If you have any questions, twitter or discord!
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 us Click here for investment disclosure.
0 Comments