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Article

Shifting NFT sands 🏜️

APE stays on Ethereum, CryptoPunks bday, sartoshi vanishes, & more!
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Jun 10, 20222 min read

Dear Bankless Nation,

Over the past week new NFT projects blitzed onto the scene, new faces arrived, and new narratives gained ground.

Metaphorically speaking, the ground beneath you can shift rapidly in this ecosystem. And oftentimes this rebalancing seems to happen just as soon as you’ve gained your footing from previous shiftings.

That said, stay nimble and curious. Tap into our space’s hivemind when you need to learn more. Keep your eyes peeled. Your crypto and NFT skill trees will grow with each passing day, and more and more your talents will sharpen for whatever comes next here.

In the meantime, let’s catch you up on some of the biggest NFT happenings from recent days. Thanks for reading as always, and have a great weekend everyone.

-WMP


🛒 NFT News & Platforms

  • OpenSea outlined how it intends to curb fraud and plagiarism.
  • PartyDAO raised $16.4M.
  • PoolTogether raised 100% of its legal crowdfunding goal via Pooly NFTs.
  • Prop House, a novel Nouns DAO community fundraising project, welcomed a mfers house:
  • Shibuya released Chapter 2 of its White Rabbit series.
  • x2y2 is currently the 2nd-largest NFT marketplace per activity levels:

🏆 Digital Collectibles

  • CryptoPunks celebrated its 5th birthday.
  • Yuga Labs permanently renounced ownership of the Bored Ape Yacht Club collection’s smart contract.
  • sartoshi transferred control of the mfers project to the mfers community and then vanished.
  • We Are All Going to Die (WAGDIE), a new free-to-mint collection, topped the ecosystem’s volume charts on the week.
Image via Gem

🎨 Art

  • Pace Verso, an international art gallery, entered into a partnership with Art Blocks that will center around generative art releases.
  • Mitchell F. Chan is preparing to release a new NFT project, Beggars Belief.

🎮 NFT Gaming

💽 Music

  • Async Art launched Music Blueprints, a generative music publishing system for creators.
  • Mint Songs V2 launched.
  • SporesDAO released Spores, a music NFT remixer:

🌐 Virtual Worlds

  • Decentraland is voting on whether to add Woodies to its Linked Wearables Registry.
  • Voxels kicked off its Chronos Island festivities:

💎 DeFi x NFTs


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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