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Metaversal Issue

Crypto's Breakout IP?

gm Bankless Nation, Pudgy Penguin GIFs have eclipsed 30 billion views on Giphy—is this the first real breakout crypto-native IP?
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Oct 3, 20243 min read
Crypto's Breakout IP?
Published on Oct. 3, 2024
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Sponsor: Kraken NFT — Kraken NFT is built for secure NFT trading.

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CULTURE NEWS
30 Billion Views
  1. 📈 Penguins go viral. The Pudgy Penguin team's emphasis on making memes is paying off, as the collection's GIFs on the popular Giphy platform have now crossed the rather astonishing milestone of +30 billion views—no small feat!
  2. 🤖 Azuki x Flashbots. Azuki partnered with Flashbots to demo Trusted Execution Environments (TEEs) for secure, onchain interactions without passwords. By minting and burning a special NFT, an Azuki community member was able to tweet from Bobu's X account.
  3. 💽 Songcamp's makeover. Onchain music platform Songcamp just introduced its revamped app, which is built atop Base and Zora and features automatic payment splits for collaborators and secondary markets powered by Uniswap.
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ANALYSIS
Unexceptional Smart Contracts: Revisiting Overlooked Blockchain Code
Bankless Author: William M. Peaster

What sort of valuable insights lie hidden in old, overlooked smart contracts?

Recently, artist Takens Theorem repurposed an obscure 2018 ERC20 vulnerability to revive Yigit Duman's Rothko on Pennies, a fully onchain NFT artwork that had been rendered invisible.

It's a prime example of how exploring uncelebrated smart contracts can open pathways to new achievements and experiments.

For today's post, let's dive into what exactly happened with Duman's piece, and why it matters in the context of making the exceptional out of the unexceptional in crypto! 👇


FRIEND & SPONSOR: KRAKEN NFT

Kraken NFT is one of the most secure, easy-to-use, and dynamic marketplaces available. Active and new collectors alike benefit from zero gas fees, multi-chain access, payment flexibility with fiat or 200+ cryptocurrencies, and built-in rarity rankings. Learn more at Kraken.com/nft

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LET'S PLAY
Chains

Made by the team behind the onchain pixel art platform Dot, Chains is a new game on Base that combines trading card game (TCG) and real-time strategy (RTS) elements. 

  • 🎴 To start, players collect Dot cards—unique pieces of onchain art created by the Dot community—and transform them into battle-ready units. 
  • 🎨 Each card belongs to a specific team based on its dominant color, encouraging teamwork as players strategically place units to build and extend chains on the game board. 
  • 🧮 Points accumulate through a Fibonacci scoring system, so the idea is to ascend by creating the longest chains possible while disrupting rival teams’ placements. 
  • 🏆 After a bout ends, the top three teams on the leaderboard share the ETH prize pool, with rewards distributed among team members based on their contributions. 

In my opinion, Chains is a slick experience that players of any skill level can dive right into, so it’s worth a try if you’re on the hunt for new adventures on Base. 

It’s also a great way to demo your new Coinbase Smart Wallet if you’ve recently spun one up! If the game sounds of interest to you, you can get started at dot.fan/chains whenever you like.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.