A new NFT bull run? 🐂
Dear Bankless Nation,
Is the worst of the crypto shakeout that started last year behind us?
Who knows, but one thing’s for certain: there is a surging sense of optimism in the NFT ecosystem right now.
Indeed, more and more people think the bottom’s in, and activity is picking up across the board. The number of NFT traders, the number of NFT trades, NFT volume stats — presently all these metrics are markedly uptrending.
We’re so back, then?
We’ll have to see how the months ahead unfold, but things are unquestionably feeling more bullish lately. For now let’s recap the past week, as always thanks for reading everyone and have a great weekend! ✌️
-WMP
📣 General NFT News
- Easy Company, a web3 social wallet play, raised +$14M in seed funding.
- Jake Gallen published a great primer on the history of NFT marketplaces:
Have you ever wondered how @opensea became the largest NFT Marketplace? Who were predecessors before them? Who paved the way and who may unseat the champs in the future?
— jake.bit (@jakegallen_) 6:58 PM ∙ Jan 4, 2023
This NFT Marketplace Roadmap will take you down the path of of NFT Marketplace History. Here we go! (1/38)
- Lens Protocol introduced support for token-gated publications among “Lensverse” projects.
- Luiz Ramalho, the founder of Fingerprints DAO, joined Nouns DAO.
- mint.fun introduced Allowlist notifications so you can get email alerts whenever you’re added to new NFT allowlists.
- OpenSea added support for Arbitrum Nova, an L2 specialized for social and gaming use cases.
- PleasrDAO teamed up with Edward Snowden and Daniel Ellsberg on a Pentagon Papers-themed NFT auction.
- Zora has some of the best DAU stats in crypto right now.
🏆 Digital Collectibles
- Azuki introduced Hilumia, a new interactive world for Azuki holders.
- Yuga Labs is prepping for its upcoming Sewer Pass mint, which will grant access to the limited-time Dookey Dash game:
Apes, stretch your eyeballs and warm up your scroll muscles — lots of new info about next week. Short version: monkey butthole, Sewer Pass January 17, skill-based mint begins January 18, new power sources. Video explainer coming soon, more at MDvMM.xyz, and the 🧵
— Bored Ape Yacht Club (@BoredApeYC) 12:24 AM ∙ Jan 12, 2023
🎨 Cryptoart
- Chromie Squiggle #7997, a HyperRainbow, resold for Ξ134 ETH:
Chromie Squiggle 7997 bought for Ξ134 ($170,496.24)
— NFT Whale Alert (@nftwhalealert) 11:07 PM ∙ Jan 8, 2023
opensea.io/assets/ethereu…
- Fidenza #967 resold for 140 WETH.
- SuperRare is integrating Quadratic Voting (QV) into its Space Race DAO votes.
🎮 Decentralized Gaming
- Bulkis.eth used alpha he learned from studying the mechanics of Wolf Game early on in order to trade up into a CryptoPunk, check this out:
How I turned 2 eth into a CryptoPunk in 5 days playing @wolfdotgame 🐺
— Bullkis.eth (@Bullkis1) 12:00 AM ∙ Jan 11, 2023
A thread🧵
- Axie Infinity Origin Season 2 gameplay, which will last for +40 days, kicked off.
- Mavis Hub 2 is now available to download.
- Pirate Nation released its latest series of gameplay updates, e.g. players’ voxel characters can now move around and explore the Pirate Nation world.
💽 Music NFTs
- Coopahtroopa published This Week in Music NFTs - Jan. 9th.
🌐 Virtual Worlds
- Nifty Island added support for Nouns avatars:
Nouns avatars will soon be playable in Nifty Island🏝
— Nifty Island 🏝 (@Nifty_Island) 9:09 PM ∙ Jan 11, 2023
We love @3dnouns, a @nounsdao character generator.
All it took was an idea, a proposal, and the hard work of @coralorca and @0xFloyd.
💎 DeFi x NFTs
- NFT loan volumes increased 10x over the course of 2022.