Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles

Dear Bankless Nation,

Bitcoin needs more NFTs. 

Logan Paul is flailing from NFT scam allegations. 

Nouns DAO’s first-ever editioned drop pointed toward crypto-native movie studios and beyond. 

Many NFT collections are experiencing big floor movements right now.

Ah, to be back in the swing of things…

4n6nerd.eth @4n6_nerd

Took a break from Crypto Twitter/ NFT Twitter for almost a month and I feel like I’ve missed out on a years worth of time.

3:12 AM ∙ Jan 6, 2023

Indeed, 2023 just began, yet so much has already happened in the NFT ecosystem across these first days of the new year — it’s a lot to keep up with!

Toward that end, here’s your latest Metaversal Friday recap, so let’s catch you up now on the big NFT highlights from this past week. Thanks for reading everyone, and have a great weekend ✌️

-WMP

🙏 Sponsor: Kraken — the most trusted and secure crypto exchange in the world✨

📣 General NFT News

• Blur is launching its $BLUR token at the end of this month.

• Foundation is releasing a new creator tool, Worlds:

Foundation @foundation

A tool for tastemakers. Worlds. Launching Jan 10.

5:01 PM ∙ Jan 6, 2023

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• ENS and Coinbase teamed up to give Coinbase app users the ability to link their cb.id names to their mobile wallets. 

• LooksRare released its Edition Zero merch drop denominated in $LOOKS.

• Nouns DAO appeared in this year’s Rose Parade festivities:

4156 @punk4156

Nouns in the @RoseParade early am tomorrow! Watch the live stream along with millions of others around the world: ktla.com/news/local-new…

5:39 AM ∙ Jan 2, 2023

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• OpenSea added support for onchain metadata updates. 

🏆 Digital Collectibles

• Doodles 2 will feature gasless customization. 

• SBF appears to have purchased millions of dollars’ worth of Solana collectibles that now belong to FTX creditors. 

• Zeneca introduced ZenChests, NFTs that are burnable for the upcoming Zen PFP on a 1:1 basis. 

🎨 Cryptoart

• Feral File, an art platform, secured its users’ crypto funds amid the closure of Wyre. 

• JPG launched its second NFT TCR, the Conceptual Art Canon. 

• Kjetil Golid, the acclaimed generative artist, auctioned 10 works from his new EXPANSE series:

Kjetil Golid @kGolid

The auctions for the first two pieces of EXPANSE (Kaleidoscope and Pearlescent) will open on Tuesday, Jan 3rd at 7pm GMT. The next four will open on Wednesday, Jan 4th and the last four on Thursday, Jan 5th, same time. More info and links to auctions: katevassgalerie.com/kjetil-golid-e…

8:36 PM ∙ Jan 1, 2023

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• numo.eth, a mainstay in the CC0 NFT scene, unveiled the Pixel Art Doodles (PAD) project.

• 0xTechno released Toys. 

🎮 Decentralized Gaming

• Axie Infinity launched the ability to buy, sell, and equip Axie accessories. 

• Illuvium opened up downloads for the Illuvium: Zero alpha. 

• Treeverse, a mobile MMORPG, launched pre-alpha gameplay:

Treeverse (🌱) @TheTreeverse

Stunning Skeletons ☠️ (Pre-Alpha Gameplay)

1:14 PM ∙ Jan 4, 2023

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💽 Music NFTs

• Coopahtroopa introduced the Web3 Manager Launchpad for music managers and published This Week in Music NFTs – Jan. 2. 

🌐 Virtual Worlds

• MetaKey held a NYE Party at the One Times Square site in Decentraland:

Metakey: Wishing you happy holidays✨ @themetakey

Ring in the new year with a cheer! 🎉 Celebrate with us at our NYE Party at the iconic One Times Square in @decentraland! 🎇 ✨Exclusive DJs ✨Iconic Ball Drop countdown ✨Fun games ✨Free Wearables! 👇 events.decentraland.org/event/?id=c51b…

12:00 PM ∙ Dec 30, 2022

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💎 DeFi x NFTs

• Astaria, an NFT-collateralized lending market, opened up its repos. 

• Otherdeed plots are currently the most commonly liquidated NFTs in the NFTfi sector.

• Papr is another new NFT lending project to track.

Action steps

• 🆕 Read Bankless 2023 Predictions and How to Protect Against Stablecoin Blowups in Bankless (newsletter)

• 🗣️ Watch Are NFTs Securities? with Brian Frye on Bankless (YouTube)

• 🌱 Watch Universal Profiles with Fabian Vogelsteller on Green Pill 

• 🙇 Catch up on my other write-ups from this week: 

  • ✧ My 2023 NFT Gaming Wishlist

  • ✧ Attack of the Cute NFTs!

Author Bio

William M. Peaster is a professional writer and creator of Metaversal—a Bankless newsletter focused on the emergence of NFTs in the cryptoeconomy. He’s also recently been contributing content to Bankless, JPG, and beyond!

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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.