NFT Review 23 - NFTs to Free Science

Rarible introduce zero-cost minting, Loot v2 launches, labs raising research funds via NFTs, and more.

NFT Review is a weekly newsletter covering NFTs in the Web3 ecosystem on Polkadot’s side of the woods. The newsletter is put together by Bruno Škvorc and gbaci.

For a more general overview of the Web3 ecosystem, consider subscribing to Dot Leap.

Looking for a primer on NFTs? This should be the last introduction you’ll ever need.

Dear NFT enthusiast,

We came across this tweet while lazy-scrolling through Twitter:

At first glance, it seems like normal news—Scientists now selling NFTs. But upon closer inspection, one sees that the natural result of this is a paradigm shift as big a deal as Bitcoin and the rise of Web3.

If research labs can fund research directly from the community, then it means that more research will be funded which benefits society and not the account balances of big conglomerates.

Imagine a future where science-focused DAOs are responsible for funding research. Given a DAOs greater focus on community, the benefits for society will be thousandfold.

Again, NFTs flex off their dynamic nature. We believe that, as a technology, NFTs will infiltrate almost every sphere of human organization.

Thank you for reading and have a great week.

— NFT Review

👨🏼‍🎨  RMRK Artist Spotlight: 

On this episode of RAS, we caught up with the Ape Father himself, Moon-Bearer, creator of the ChaosDAO Apes collection.

Unlike previous interviews, our session with Moon-Bearer was more focused on trying to understand the reason behind his immensely successful collection which has pulled in ~1840 KSM (~ $739,772) in volume.

We talked about his journey into NFTs, the most important reason for his success, and, most exciting, the detailed steps he took towards releasing the ChaosDAO Apes.

Read the interview

📬 NFT News from Kusama & Polkadot

  • Dino x Dino Metaverse to launch on RMRK with the first collection of hatchable dinosaurs going on sale this week on Singular. Kanaria Kokopelli gem holders get exclusive early access and a 50% discount.

  • An epic tweet thread on Kanaria.

🗞 NFT News from Ethereum and Beyond

  • NFT development studio Mojito announced that they have raised $20M in seed funding from a number of investors including internationally known auction house Sotheby's.

  • FTX gave $500 in crypto to every spectator sitting in one section of the FTX Arena at Thursday’s Miami Heat season opener game against the Milwaukee Bucks. 

  • According to research from Moonstream, the top 16.71% of all NFT hodlers on Ethereum owned 80.98% of NFTs between April 1 and Sept. 25.

  • NFT company Candy Digital (co-founded by entrepreneurs Michael Rubin, Mike Novogratz, and Gary Vaynerchuk) is valued at $1.5B following a $100M Series A raise.

  • Lifestyle magazine Playboy unveiled Rabbitars, a new NFT project consisting of 11,953 unique 3D animated bunny avatars. 

  • Coinbase has announced the first round of NFT creators it’s partnered with ahead of the launch of its upcoming NFT marketplace later this year.

  • PleasrDAO adds $4M ‘OG NFT’ Wu-Tang Clan album to its collection.

  • Animoca Brands doubles valuation to $2.2B with new $65M funding round. Among the investors was game giant Ubisoft.

  • Chinese e-commerce giant drops NFT series on its own blockchain.

  • Galaxy Interactive raised another $325M fund aimed at metaverse and next-gen games.

  • Rarible introduced zero-cost NFT minting feature.

  • Meta4 launches NFT fund with a16z backing.

  • Big sales this week: crowned Bored Ape #8585 sold for 696.969 ETH, while CryptoPunks #273 and #4626 were acquired for 265 ETH and 248.88 ETH respectively.

  • New collectibles project Doodles launched on Sunday and has since seen nearly 10,000 ETH worth of trading volume according to OpenSea.

  • Forgotten Runes Wizard’s Club is getting its own TV show.

  • The application period for SuperRare Space Race #1 is now over. It’s now time for SuperRareDAO to vote on a winner!

  • The Axie Infinity ecosystem is booming!

Twitter avatar for @lily___digitalrat on cocaine @lily___digital
new is live—here's a thread on what @iismallcombe @0xNader @brxckinridge and I have been up to for this release

That’s all for this week, see you in the next edition! Got some links to share with us, artists to feature, NFTs to sell, jobs to promote, or events to popularize? Get in touch with Bruno or gbaci!