❎ Nike Shutters Ethereum Brand RTFKT. 3 years after acquiring RTFKT, Nike is winding down the Ethereum-based sneaker and avatar company, with its web3 focus now shifting to its .Swoosh platform.
📈 NFT Market Rebounds. With onchain activity on Ethereum rising again, Ethereum-based NFT marketplaces recorded their highest monthly volume last month since June 2024.
🌴 Nifty Island Sets ISLAND Token Launch. Metaverse gaming platform Nifty Island will launch its ISLAND token on December 17th, following its nine-month play-to-airdrop campaign that saw 70,000 islands built.
NFTs on Ethereum are heating up again as bullish sentiment returns to the crypto market. Floor prices are rising, and overlooked gems are getting harder to snag.
That said, it's an interesting time to double down on onchain NFTs.
With their combo of runtime composability and lack of external dependencies, these assets have the potential to be enduring cultural artifacts, and many of them are overlooked and affordably priced right now.
In today’s post, let’s dive into why onchain NFTs matter, what makes them different, and the standout projects you should explore to get started! 👇
Uniswap Labs is offering the largest bug bounty ever: $15.5M for critical bugs in Uniswap v4! Built with community contributions and rigorously audited, v4 will be one of the most audited codebases ever to be deployed onchain, and continues Uniswap’s commitment to security.
Not financial or tax advice. Bankless content 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.
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