Bear-ly non-fungible 🧸 – by William M. Peaster

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

Dear Bankless Nation, 

The markets are ugly, NFT trading volume is way down since the start of 2022, and doom and gloom’s abounding. 

Zooming in, though, NFT users and NFT transactions are up on the year, and it’s no stretch to say the ecosystem is now brimming with innovative projects across numerous categories. 

Markets go up and down, but builders build rain or shine, and our space’s technical and structural advances are compounding out in all directions accordingly. We’re paving the way for the next legs up, plain and simple.

In the meantime stay curious, keep exploring, and have a great weekend everyone. Thanks for reading as always ✌️

-WMP

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Then Bankless would love to see your portfolio! The team is currently working on its first NFT project, and we’re on the hunt to hire a digital artist to collaborate with us. If you’re interested, please reach out through our submission form. Thanks kindly!

• Urbit launched its own EVM blockchain, the Urbit Virtual Machine. 

• zefram.eth unveiled Bagholder, an NFT loyalty protocol. 

• Zora introduced an airdrop system to its creator toolkit:

• Cool Cats partnered with Habbo to launch a virtual world experience for the collection’s holders and introduced a new CEO, Stephen Teglas. 

• Optimism unveiled Optimism Quests, a guided tour of the L2 that lets you earn NFTs along the way:

• Jan Robert Leegte is releasing JPEG, a generative art project, on October 31st, 2022. 

• Nifty Gateway hosted the release of Crypto Art Begins, a phygital book that details the early history and pioneers of the cryptoart movement. 

• Tyler Hobbs released QQL, a collaborative generative art experiment, an announced an associated mint pass contest:

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.