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OpenSea Seaport nears

Also Foundation opens, Lens is live, a16z’s new GameFi fund, & more!
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May 20, 20222 min read

Dear Bankless Nation,

This week was full of big NFT developments. The one I’m watching closest right now? OpenSea’s deployment of a new “Seaport” marketplace system on Ethereum:

Details are scarce currently, though a two-week Code4rena audit contest that starts today notes the marketplace will be focused on “safely and efficiently creating and fulfilling orders for ERC721 and ERC1155 items.”

I’m not a developer, but a quick review of the Seaport smart contract suggests to me it’ll allow for the creation of zones, or seaports if you will, for fostering customized NFT markets.

We’ll know more soon, but with OpenSea at the helm it’s likely Seaport will prove to be very consequential to the NFT ecosystem going forward. In the meantime, get caught up on the rest of this week’s action below, thanks kindly for reading, and have a great weekend!

-WMP

P.S. A few minutes after this post went live, OpenSea officially announced Seaport. So now we know more!


🛒 NFT News & Platforms

  • Coinbase unveiled a new dapp wallet and dapp browser system.
  • The Bueno Generator, a no-code tool for creating PFP collections, is now available to everyone; an associated no-code smart contract deployer is on the way, too.

🏆 Digital Collectibles

🎨 NFT art

  • Shunsuke Takawo began his Tiny Sketches NFT collection:

🎮 NFT Gaming

  • a16z announced a new $600M GameFi fund.
  • Axie Infinity announced AxieCon: Barcelona, which will run from September 7th through September 10th later this year:

💽 Music

🌐 Virtual Worlds

💎 DeFi x NFTs

  • Slingshot, a web3 trading platform, unveiled a mobile app with a referral program that offers NFT rewards.
  • Argent added L2 support for the $JPG index token.

Action steps

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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