Bullish XRP, Bullish NFT? 🙃

Weekly Roundup: Google Play + NFTs, Nouns considers a ‘Punk, Sound opens up, & more!
Jul 14, 20234 min read

Dear Bankless Nation,

Time for the weekly Metaversal NFT roundup… and maybe also time for the current crypto winter to start thawing out for good?

We’ll see, though there’s no question vibes have improved, what with Ripple just besting the SEC and optimism flooding back in all around us.

Let’s hope this is a turning point toward more common sense approaches to crypto in the U.S.!

In the meantime thanks for reading as usual everyone, and have a great weekend ✌️


📊 The big picture

Over the past week, the floor-based market cap of the NFT space grew from 7.43 million ETH to 7.51 million ETH for a modest 1% rise 📈

🔝 7D top collections by volume

via pro.opensea.io

📰 General news

🏆 Digital collectibles

🎨 Cryptoart & music

🎮 Decentralized gaming

🌐 Virtual worlds

🪙 NFTfi

  • Ajna Finance, a new decentralized lending protocol that accepts fungible and non-fungible tokens as collateral, launched this week.
  • sudoswap introduced factionswap, a trustless exchange system built for Parallel Avatars.

🎆 Mint spotlight: Prohibition’s Launch

In the previous section, I noted how generative art platform Prohibition is launching on Arbitrum next week. If you’re a fan of gen art and think more and more NFT activity is going to migrate to L2s over time, then you’ll want to have the first Prohibition releases on your radar. We already know of a handful so far, so be on the lookout for these drops (and more to be announced) over the coming days:
  • Monospatial by Emily Edelman | Date: 7/18 | Supply: 100, Price: 0.05 ETH
  • Beauty Supply Is Out of Du-Rags by Ed Balloon | Date: 7/19 | Supply: 333, Price: 0.09 ETH
  • Necromancer by Andrew Mitchell | Date: 7/19 | Supply: 240, Price: 0.042 ETH
  • Afterimage by Loren Bednar | Date: 7/21 | Supply: 100, Price: 0.25 ETH
  • Magine by Jarl Rosenlykke | Date: 7/21 | Supply: 100, Price: 0.1 ETH
  • Melt Into You by yungwknd | Date: 7/24 | Supply: 420, Price: 0.069 ETH
  • The Distance In Between by FESQ | Date: 7/24 | Supply: 256, Price: 0.038 ETH

🙇 New insightful reads to level up your web3 knowledge!

1. Onion on the anatomy of Terraforms 🌐

2. Starknetics on comparing Starknet’s leading NFT marketplaces 🛒

3. wale.swoosh on the Pluto mint on Polygon 😯

✨ My NFT tool of the week: Coinbase Wallet messaging

The Coinbase Wallet team just unveiled a new in-app, end-to-end encrypted messaging system powered by the XMTP Protocol, so now you can have private conversations with your friends and peers directly within your Coinbase Wallet. The functionality’s initially being rolled out to Lens protocol users but will be opened up to wider audiences over time. For example, now you can sign up to get Earnifi Claimables alerts sent straight to your wallet like so:

😜 Crypto projects now that it’s been determined Ripple didn’t sell unregistered securities to retail…

via wishful cynic

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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