View in Browser
Sponsor: Kraken NFT — Kraken NFT is built for secure NFT trading.
Besides the Lens Network announcement, this week's big news in the crypto social scene was Farcaster's plan to decentralize channels.
Previously, channels – like subreddits on Reddit – were only available in-app on Warpcast, the most popular Farcaster client. Today, Farcaster creator Dan Romero confirmed that channels will be brought in-protocol by the end of this summer.
This means like accounts, channels will soon be onchain and sovereign on Farcaster. Communities built in these channels will be owned by their creators, free from the control of any one platform and with considerable flexibility over ownership and economics.
Farcaster's bold move here sets the stage for a new era where community membership and management are truly in the hands of the users. We love to see it.
📰 General news
- Blast postponed its airdrop to June 26th
- Nouns approved a sponsorship of Base's Onchain Summer
- Phantom added Ordinals support
- Wayfinder initiates its governance system next week
🎨 Cryptoart & music
- Art Blocks revealed Art Blocks Studio
- Sound is seeing creators increasingly turn to Boost to reach a wider audience
- Zora announced a mobile app
🏆 Digital collectibles
- CryptoPunks have seen only 5% of the collection trade hands in 2024
- Pudgy Penguins unveiled toys in GameStop and a strategic partnership with Lotte Group
📱 Onchain social
- Bonsai gave a 1M $BONSAI grant to Offline Oracles
- Lens intro'd the Lens Network and NFT Open Actions
- Roam released its onchain social browser
🎮 Decentralized gaming
- Axie Infinity released the Axie Governance Portal and Origins S8 Final Era
- Fantasy kicked off its Main Competition 2
- Parallel moved to a new rewards claim system on Base
- PuffGo completed its Ronin migration
- Speedtracer announced its Season 2: Rainbow Cup competition
- Words3 launched on Redstone
- Yuga Labs is revamping Dookey Dash
🪙 NFTfi
- Astaria intro'd the Astaria Intent Feed on Telegram
- Nftperp announced its latest investment round and Bitcoin Puppets and Nodemonkes vaults
🌐 Virtual worlds
- Decentraland added utilities to its wearables
- Nifty Island airdropped Legendary Palms to its most active creators
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
- ⛅ Sunsetting Prop House - seneca.eth
- 📱 Stuff to Build on Farcaster - dwr
- 🌐 Open MVP and Zone Expansions - FOAM
- 🧱 Join the Onchain Summer Buildathon - Base
- 🔄 Consumer Crypto Apps-Infrastructure Cycle - David Tso
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.