Leveling Up NFTs 🎲
![](/content/images/size/w2000/2024/02/DALL-E-2024-02-29-11.26.22---Visualize--Leveling-Up-NFTs---showing-the-concept-of-NFT-evolution-and-enhancement-through-interaction-and-gameplay.-The-image-portrays-various-NFT-ch.webp)
Dear Bankless Nation,
Axie Infinity's introduction of Axie Experience Points (AXP) has really caught my attention!
![](https://bankless.ghost.io/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2fb6a57ecd-688f-4c17-ab5d-117122d6b38c_1600x894-png.jpg)
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!
-WMP
![](https://bankless.ghost.io/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2feaee2961-41f2-4b10-97e7-7d9fe9867c8b_1215x308.png)
📊 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
![](https://bankless.ghost.io/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2ff745a1a3-69ee-494c-be3d-dee2d2efc198_1586x736-png.jpg)
![](https://bankless.ghost.io/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f6534a3b2-a5c5-4d77-ab7d-ad30062fb0cd_1216x308.png)
📰 General news
- mint.fun added support for Optimism and Zora Network mints.
- Integral, a crypto + NFT accounting stack, added support for the Zora L2, too.
- Nic Carter unveiled his Orb, an NFT that grants the holder the right to ask him one question per week.
- OpenSea introduced Deals, its answer for P2P OTC trades.
- Zapper replaced its blockies with unique Opepens.
🏆 Digital collectibles
- Avastars rolled out 3D VRM support and unveiled a new bespoke marketplace.
- Moonbird Mythics began hatching.
- Pudgy Penguins introduced PudgySwap.
🎨 Cryptoart & music
- Fingerprints DAO is transitioning to an NFT-membership format and have tapped Larva Labs to create the art for the NFTs.
- Mitchell F. Chan announced The Boys of Summer, an interactive art game and PFP collection.
- Prohibition.art officially launched.
- Sotheby’s Contemporary Discoveries auctions saw a handful of considerable Fidenza sales.
🎮 Decentralized gaming
- Axie Infinity launched Axie Experience Points (AXP), turning all Axies into dynamic NFTs.
- Curio introduced Warcraft: Keystone Edition, an onchain Warcraft minigame.
🌐 Virtual worlds
- Decentraland welcomed the start of Metaverse Art Week 2023.
🪙 NFTfi
- Uniswap announced UniswapX, a new kind of liquidity aggregator protocol.
![](https://bankless.ghost.io/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2ff9af5358-a57b-4e15-bb11-d6ffb575013a_1214x309.png)
🎆 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!
![](https://bankless.ghost.io/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2fbaba1a37-13d8-415e-91d6-0616a4f8bcd8_1109x883-png.jpg)
![](https://bankless.ghost.io/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2feeed7d6a-8ed3-478c-855b-afecd31177b9_1214x308.png)
🙇 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 📶
![](https://bankless.ghost.io/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f62f5363e-1c3b-41bd-96a6-b485589faf23_1214x309.png)
✨ 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!
![](https://bankless.ghost.io/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2fba9db554-b4e0-409e-8fbc-4eadc2ada400_1600x900-jpeg.jpg)
![](https://bankless.ghost.io/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2fbea0dc96-d273-4942-b46c-2c3b4bbb7356_1216x308.png)
😜 Just bear market things…
![](https://bankless.ghost.io/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f57cb773a-f0f6-49fb-8cce-e83cc57a8f75_1200x1081-jpeg.jpg)