āØ This post originally appeared in Metaversal on Bankless āØ
Now that Sam Bankman-Fried was just found guilty onĀ 7 different counts, Iāve been doing some reflecting on the FTX saga.
One thing I keep coming back to is the shuttering of the FTX NFT platform, which relied on a private server so nowĀ all its NFTs have broken metadata. Yikes.
Of course, the episodeās so instructive because itās a recent high-profile example of how private servers are theĀ worstĀ way to underpin NFTs as far as longevity is concerned.
Yet to be sure not everything has to beĀ fully onchain. Next week Iāll be doing a write-up on the basics of bespoke storage networks like IPFS, Arweave, and Filecoin, so keep an eye out for that.
In the meantime have a great weekend everyone and thanks for reading. Now hereās your latest weekly NFT roundup! āļø
-WMP
Gm Stats
š The big picture
Over the past week, the floor-based market cap of the NFT space stayed steady atĀ 5.1 million ETHĀ for a 0% 7-day change ā
š 7D top collections by volume
NFT News
š° General news
-
Johnny MackĀ unveiled theĀ Subscription Token Protocol (STP).
-
JokeraceĀ addedĀ support for NFT allowlists.
-
LensĀ completedĀ Phase 1 of its V2 protocol migration.
-
OpenSeaĀ announcedĀ layoffs ahead of āOpenSea 2.0.ā
-
OpenSea ProĀ addedĀ support for Polygon.
-
PartyĀ revealed anĀ Add New Members feature.
-
PhantomĀ rolled out aĀ Camera Mint feature on mobile.
-
RaribleĀ launchedĀ RaribleX.
š Digital collectibles
-
RTFKTĀ revealed plans for itsĀ Evo Vial Evolution event.
-
0xmonsĀ launchedĀ the AKOLYTES collection.
šØ Cryptoart & music
-
FoliaĀ hosted itsĀ CoordinatesĀ drop by Travess Smalley.
-
FoundationĀ introādĀ Teams to its Worlds system.
-
fxhash 2.0Ā is launchingĀ December 1st.
-
Gemma, a new onchain art ecosystem,Ā launched on Zora.
-
SoundĀ launched itsĀ multiplayer social feed.
-
XCOPYĀ minted a new collection,Ā REMNANTS, forĀ Rare Pass holders.
-
ZienĀ kicked off itsĀ New China Contemporary drop.
š® Decentralized gaming
-
Axie InfinityĀ kicked off itsĀ Origins Season 6 Mystic Era.
-
Forgotten RunesĀ is launchingĀ the Runiverse game next week.
-
Pixels, a pets adventure game,Ā migrated to Ronin.
-
Project TĀ added support forĀ Axie Experience Points (AXP).
-
Solana LabsĀ unveiled theĀ GameShift beta, an API for game devs.
-
Small Brain GamesĀ introād Drawtech, aĀ new fully onchain mobile game.
š Virtual worlds
- DecentralandĀ rolled outĀ Decentraland Worlds, i.e. personal virtual spaces.
šŖ NFTfi
-
NFTfi.comĀ addedĀ support for unwrapped CryptoPunks.
-
SudoswapĀ launched aĀ Creator Dashboard system.
Fresh Mint
š Mint spotlight:Ā Forget About Time
Did you catch my write-up onĀ cross-chain NFTsĀ earlier this week? Then you remember Holograph, which is known for its āholographic assetā hNFTs. If youāre interested in cross-chain NFTs but have never minted one before, you might consider the current free drop on Holograph,Ā Forget About TimeĀ by Clara Luzian a.k.a.Ā Renderfruit.
At the time of publishing thereās still just under a day left to mint, and since itās an hNFT you can collect on Ethereum, Polygon, Optimism, Arbitrum, Zora Network, Mantle, BNB Chain, or Avalanche. Your pick!
Alpha Reads
š Insights to level up your web3 knowledge!
-
Alchemy on ERC-6900 š§
-
Clara on collector motivations š§
-
ilemi on Solana NFTs š£
-
S4mmy.eth on digital stamps š¬
-
WASD on Drawtech āļø
Tool Tip
āØ My tools of the week: Onchain NFT databases
Want to check if a particular NFT collection stores its NFT art and metadata onchain?
There arenāt any comprehensive resources toward this end, but there are a handful of awesome repositories ā some actively growing, some no longer maintained ā that do provide great foundations for cross-checking. Keep these databases on your radar going forward accordingly:
1ā£ļøĀ 0xchain.art
2ļøā£Ā fullyonchain.art
3ā£ļøĀ onchainchecker.xyz
4ā£ļøĀ jpg.space/canons/onchain
Market Meme
š THIS is what the establishment fears mostā¦
P.S. Weekend quests
-
šŖ Check outĀ Holographās new drop
-
šĀ Collect this weekāsĀ Metaversal posts on Mirror
-
š Catch up on my latest write-ups:
-
ā³ļøĀ Evolving NFTs
-
šĀ Cross-chain NFTsĀ
-