Rallying to NFTs 🙌

Dear Bankless Nation,

Q3 2023 brought a whirlwind of intrigues, like the emergence of Base L2 NFTs, SEC pressures, the Nouns DAO fork, the launch of Zora Protocol Rewards, and beyond.

As we roll into Q4, expect plenty more big developments, so keep your eyes peeled and your creativity flowing to stay ready for all the action. It’s time to rally, you know?

For now though just have a great weekend, and thanks for reading! Time for your weekly NFT news roundup ✌️

-WMP

📊 The big picture

Over the past week, the floor-based market cap of the NFT space rose from 6.22 million ETH to 7 million ETH for a 12.55% gain ⤴️

🔝 7D top collections by volume

📰 General news

• 3DNS, an onchain web domain registrar, launched.
• eth.limo has proposed an implementation of the DNS protocol for direct resolution of ENS records.
• Flow is working on EVM equivalence.
• mint.fun introduced create.fun, a simple interface for creating NFTs.
• Nouns DAO is considering the introduction of a treasury burn system.
• OpenSea unveiled OpenSea Studio, a new DIY drops hub.
• Party launched on Base.
• Treasure added support for bulk shopping.
• Zora introduced lazy minting.

🏆 Digital collectibles

• AdWorld is hosting an AdWorld Fashion Week design contest.

🎨 Cryptoart & music

• Based Management, a meme remix project on Base, is opening up.
• Fountain, a cryptoart brokerage, has arrived.
• GrailersDAO and Unit London started Uncomputer, an online exhibition featuring 15 artists whose work highlights the artistic possibilities of chance and mistakes.
• Onchain Curator, a web3 music curation project, launched.
• The Museum of Modern Art launched MoMA Postcards, an artistic spin on digital chain letters via NFTs.

🎮 Decentralized gaming

• Axie Infinity introduced the first web-3 native battle pass.

🌐 Virtual worlds

• Decentraland is holding an open call for project ambassadors.
• Upstreet, formerly Webaverse, is on the verge of launching its Phase 2 festivities.

🪙 NFTfi

• LooksRare published a tokenomics update.

🎆 Mint spotlight: Metaversal on Mirror

I’m bringing Metaversal onchain! Going forward, I’ll be crossposting issues of this newsletter to web3 publishing platform Mirror. The idea? Anyone who wants to can collect this content as NFTs. I think the future of media is onchain, and I want to start living that with my writings.

Note that all the crossposts will be free mints on the Base L2, so it’ll be low stakes and just for fun. Want to get your Base XP up then? An onchain “clipping” of a guide you enjoyed? An NFT passport stamp of sorts to curate on Gallery showing you were here during the bear? Consider minting!

🙇 New insightful reads to level up your web3 knowledge!

1. 1kx on Dynamic NFTs 🎴

2. Plutonium on Gen Art ✊

3. WASD on Primodium Wars 👾

✨ My NFT tool of the week: Warpcast

Crypto social protocol Farcaster is decentralized, so anyone can build a client interface on it. The project has been invite-only so far, but it’s starting permissionless sign-ups next week. If you’re looking to dive in and want a user-friendly Farcaster client to try amid this opening wave, be sure to check out Warpcast. It’s like if Twitter was built from the ground up with web3 users in mind, surfaces NFT mints directly in-app, and is designed to help you take control of your onchain social graph!

😜 Got my Halloween costume ready early this year…