ETH's Best Onchain Art?
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- 🏗️ The Sandbox raises $20M. Metaverse startup The Sandbox has raised $20M at a $1B valuation to expand tooling and build mobile metaverses. Kingsway Capital and Animoca Brands led the investment.
- 🎮 Emily Xie’s “COMBAT MODE.” Acclaimed generative artist Emily Xie, known for her “Memories of Qilin” collection, debuted her new “COMBAT MODE” open edition with Highlight for Base’s 2nd Onchain Summer today.
- 🏎️ OKX and McLaren F1 NFTs. OKX Exchange and the McLaren Formula 1 Team are launching a new "Race Rewind" digital collectible series. Starting Friday at 10 a.m. GMT, fans can mint the first free NFT commemorating the Canadian Grand Prix on the OKX Wallet.
My two favorite NFT projects are Nouns and Terraforms. Nouns, I intend to join. Terraforms, I intend to keep collecting.
Full disclosure: I hold a few Terraforms right now! I’d like to have a lot more, and honestly, the driving motivation isn’t financial. I find these digital artifacts mesmerizing and likely to age like fine wine in various senses atop Ethereum.
The magic here is due in no small part to the creator duo, Mathcastles, being new masters who have used Ethereum as an artistic medium, a computational creative engine, to an extent we haven’t seen before.
That said, I feel confident that in 100 years, the art world will look back on Terraforms as important, a major first mover in runtime art because they will see what I see now: a series that broke new ground in a way that expanded the possibilities of art itself. This is high praise, of course, but Terraforms is also hard to explain. It has many nuances and transcends genres.
For this post, let’s catch you up on the basics of this unique collection and why, in my humble opinion, it’s one of the best examples of onchain art on Ethereum today! 👇
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Let’s say you want to drop an NFT, but as a creator you’re a relative unknown still, so you’re not sure if many folks will mint your project.
Here, cue in Boost.
Simply put, Boost is a protocol designed to deploy, manage, and distribute token incentives onchain to acquire and engage tokenholders. With Boost, you can set goals, select your target audience, and deploy incentives with less than $1.
These sorts of capabilities make it easy to drive mints for your NFT projects, swap tokens, or increase voting participation. Whatever you need!
The big idea? Incentivizing specific onchain actions to reach a broader audience and increase engagement. If you’re looking to provide a little juice to an NFT project you’re working on, Boost offers a system to boost your mints simply and efficiently. Check it out sometime!
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.