Dear Bankless Nation,
The vast majority of NFT activity takes place on Ethereum.
And with the Merge dropping Ethereum’s energy use by over 99% this week, now NFTs have gone green accordingly!
Because of inertia, it’s still going to take some time to fend off the “NFTs are horrible for the environment” crowd. But there’s no doubt going forward that the public image of NFTs will improve because of this major evolution, and that’s worth celebrating.
In the meantime, have a great weekend everyone and thanks for reading ✌️
-WMP
📣 General NFT News
- Botfrens proposed One-Click Bots for the Nouns ecosystem:
- Capsules, an on-chain typeface project, launched.
- OpenSea is adding support for more blockchains and collaborated with industry partners to introduce OpenRarity, an open rarity standard for NFTs.
- Starbucks tapped Polygon for its NFT rewards program.
- swapkiwi, an NFT swapping platform, rolled out its redesign.
🏆 Digital Collectibles
- Doodles raised $54 million via equity funding. 5$
- POAP has now facilitated over 5.6 million NFT mints.
- Tessera introduced Nounlets, which are NFTs representing 1% ownership of a vaulted Noun.
- Yuga Labs has filed a trademark for “MetaRPG.”
🎨 Cryptoart
- 0xDEAFBEEF unveiled ROTARY PHONE, a smart contract-based art experiment.
- Art Blocks added secondary marketplace listings via Reservoir.
- dom unveiled ROSES, a procedurally-generated and on-chain art project:
- Harm van den Dorpel opened the remainder of Markov’s Dream: Orb (lite) to public minting:
- The Museum of Modern Art is exploring the purchase of its first NFTs.
- Tyler Hobbs is launching QQL, a generative collaboration project, next week.
- A Rare Pepe Nakamoto Card resold for 90 ETH.
🎮 Decentralized Gaming
- Axie Infinity Origins Season 1 began:
💽 Music NFTs
- Arpeggi rolled out Clips, which lets creators upload their own audio files to the platform.
- Jonathan Mann released The Merge Album.
🌐 Virtual Worlds
- Decentraland is hosting the Samsung #RecycleUp Fashion Show and Climate Week Quest starting Sept. 20th.
💎 DeFi x NFTs
- FloorDAO is introducing a gauge voting mechanism.
- Index Coop launched flash minting for its JPG NFT index token:
Action steps
🔥 Read 15 Bad Takes on Ethereum in Bankless
📸 Watch Moment of Zen(eca) NFT Recap #37 on Overpriced JPEGs
🌳 Watch an interview with Seed Club’s Jess Sloss on Green Pill
🧐 Catch up on my other write-ups from this week: