NFT Review 35 - Kanye and NASA shoot NFTs down
OpenSea email causes NFT losses, IP addresses leaked on Metamask & OpenSea, Reddit exploring NFTs, and more.
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,
In a strongly worded Instagram post made on Monday, Kanye West stated “Do not ask me to do a f*cking NFT”, explaining that he is focused on “building real products in the real world.”
In a similar but less hostile tone, NASA stated that it “does not wish for its images to be used for these purposes”, where ‘these purposes’ are NFTs. Furthermore, many Twitter experts took to bashing Ubisoft’s Vice President for saying that some gamers “don’t get” that NFTs, when implemented fairly, mean more power to the gamers.
To be clear, the purpose of this isn’t to bash anyone for not liking NFTs. We already know that their opinions hold no weight against reality, and the reality is that NFT adoption is intensifying.
Kanye, for all his hostility, was sober enough to add at the end of his ‘rant’—“ask me later”. Which means he already envisions a later where he has changed his mind. Thus, in his defiance, he still shows the immense future NFTs have ahead of them.
We are glad we are here to witness the early days of a new paradigm.
Thank you for reading and have a great week.
— NFT Review
📬 NFT News from Kusama & Polkadot
Fancy charts have been added to Singular, courtesy of Web3Go - you can now quickly, at a glance, see the stats of each collection, and go inspect deeper on the Web3Go dashboard by clicking the link under the charts.
A new activity tab has also been added to Singular that allows users to see their past transactions.
CryptoSlate published an exclusive on 5 female Singular artists.
RMRK released an article clarifying the relationship between RMRK and Statemine/Statemint NFTs. There is also a Twitter thread version:
RMRK broke ground with the use of Kanaria NFTs for boosting DeFi yield on Karura.
DFG released a report on why Polkadot is set to be the best foundation for the development of the metaverse.
Unique Network hosted a Twitter Space to discuss some ‘Metaverse alpha’.
Bit Country released a development update for February.
DonnieBigBags announced the ‘first’ blockchain-based FPS game on DotSama.
🗞 NFT News from Ethereum and Beyond
Solana-based AR and NFT platform Dropp GG is developing geographical-based NFT minting and “mixed reality events” tied to the metaverse.
In a recent blog post, Vitalik Buterin, co-founder of Ethereum, expressed his wishes to make NFTs Soulbound as with the namesake item class in popular MMORPG World of Warcraft.
Both OpenSea and Metamask have logged cases of IP address leaks associated with transferring NFTs, according to researchers at Convex Labs and OMNIA protocol.
The Sandbox announced a partnership with Warner Music Group, or WMG, to create a musical theme park and concert venue within the gaming metaverse.
Reddit is reportedly exploring ways to add NFT profile pictures.
NASA stated that it “does not wish for its images to be used for these purposes”, where ‘these purposes’ are NFTs.
YouTube CEO hints that NFTs could be added to the platform.
The Beatles and John Lennon music history collection to be auctioned as NFTs.
A popular Github contributor called mcclure built a browser plugin that autoblocks Twitter accounts using NFT profile pictures.
A recent survey revealed that most game developers and their studios have no interest in developing or working with NFT or crypto payments.
Arcade launched Pawn Protocol, an NFT lending platform.
ApeDAO’s members are voting to sell 81 Bored Ape NFTs to reimburse token holders
Korean gaming giant Netmarble to launch metaverse and NFT games.
Beer giant Anheuser-Busch launches NFT project for Bud Light
DJ Steve Aoki launched an NFT membership club on Ethereum: ‘I Am Building My Own World’.
OpenSea reversed its decision to limit minters to 5 collections capped at 50 NFTs each; it also introduced a listings manager and moved to reimburse users negatively affected by the platform’s listing system.
gem, a new NFT marketplace aggregator, broke the +10k ETH volume mark in a matter of days.
LooksRare now offers LOOKS trading rewards across all NFT collections.
PartyDAO launched Collection Parties.
Zora rolled out its V3 protocol.
Cool Pets, the Cool Cats expansion collection, is now launching on Jan. 31st.
Larva Labs once again disavowed V1 Cryptopunks who have surged in popularity recently, with the floor price above 29 ETH.
Noundred: William M. Peaster cataloged the traits of the first 100 Nouns.
Shields, an onchain heraldic design system, launched.
Some OpenSea users who heeded OpenSea’s call to call their inactive listings ended up losing their NFTs and their money, sparking a Twitter debate.
Axie Infinity launched RON, the native token of the leading NFT game’s Ronin sidechain. The project also just kicked off RON rewards for the RON/ETH pool on Katana.
Parallel published the Prime Proposal.
Chainfaces Arena currently has ~600 warriors left standing.
Cryptovoxels listed the final Flora parcels.
Warner Music Group is launching a theme park in The Sandbox.
dYdX introduced Hedgies, an NFT collection.
Reservoir, an NFT order book protocol, has arrived.
Paradigm unveiled CRISP, a way to “sell NFTs at a targeted rate over time.”
Slingshot unveiled the Slingshot 2099 Marketplace.
TracerDAO announced Perpetual PUNK tokens.