Leveling Up NFTs 🎲

Weekly Roundup: Axie AXP arrives, OpenSea Deals, the Zora Bridge Pass, & more!
Jul 21, 20233 min read

Dear Bankless Nation,

Axie Infinity's introduction of Axie Experience Points (AXP) has really caught my attention!

This new system, which enables Axies to level up, signifies a big evolution in the NFT gaming sector, as it’s a way for unique digital game pieces to now “grow” over time.

I'll be exploring AXP and its potential impact on the broader NFT landscape in a full write-up next Tuesday, so be on the lookout for that, but for now let’s catch you up on this week.

Enjoy your weekend, and stay tuned!


📊 The big picture

Over the past week, the floor-based market cap of the NFT space declined from 7.51 million ETH to 7.45 million ETH for a -0.8% drop 📉

🔝 7D top collections by volume

via pro.opensea.io

📰 General news

🏆 Digital collectibles

🎨 Cryptoart & music

🎮 Decentralized gaming

🌐 Virtual worlds

🪙 NFTfi

  • Uniswap announced UniswapX, a new kind of liquidity aggregator protocol.

🎆 Mint spotlight: Zora Network Bridge Pass

Did you mint a !fundrop pass yesterday or prior? Then you’ve been allowlisted for the Zora Network Bridge Pass mint on mint.fun! It’s a free mint on the Zora Network that automatically “bridges” 0.00111 ETH to your address on the new L2 for future gas costs, gifted via Zora. Next mints on the house!

🙇 New insightful reads to level up your web3 knowledge!

1. Bobby Ong on intrigue around Reddit Community Coins 🔵

2. Museum of Crypto Art on $MOCA and ROOMs 🌐

3. Onion on the Opepen metadata contract 💻

4. Gila.Ron on Axie Infinity AXP 🔷

5. int art on scripty.sol V2 📶

✨ My NFT tool of the week: Lens V2

Lens Protocol, a decentralized social layer for the web, just unveiled its next-gen system. The optimized protocol boasts new functionalities like Open Actions, e.g. minting external NFTs on Lens, and a Collective Value Share system, which will let people earn from discovering and sharing great content. Additionally, Profiles V2 adds ERC-6551 support, so now Lens profiles will be able to directly collect NFTs. If you haven’t already, sign up for the Lens waitlist to get ready!

😜 Just bear market things…

via MinisterOfNFTs

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.

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