NFT Review 39 - The Most Advanced NFT Marketplace

Sandbox hits 2m users, RMRK launch Singular 2.0, $6m in NFTs for Ukraine, and more.

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Mar 08, 2022

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.
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Dear NFT enthusiast,

Something monumental happened last week, changing the NFT marketplace landscape forever. The RMRK team launched Singular 2.0, an upgrade on the old Singular (which was more similar in feature spec with other NFT platforms—OpenSea and Mintable to name a few).

But with the launch of Singular 2.0, no other marketplace comes close in terms of features. For the uninitiated, Singular 2.0 is powered by RMRK 2.0, an NFT protocol that allows:

NFTs to own and equip other NFTs
NFTs to have multiple resources
NFTs to accept emotes
NFTs to change based on conditions
NFTs to become DAOs

Thus, with this new update, Singular has become the most advanced NFT marketplace in the world. With the new Singular, creators can launch interactive collections that go beyond simple jpegs, making it easier and more fun to build communities around collections.

But beyond these special attributes, the new Singular also rolled out with support for royalties and dutch auctions, two features the artist community had been hoping for. You can learn more about the new Singular release here.

Thank you for reading and have a great week.

— NFT Review

👨🏼‍🎨 RMRK Artist Spotlight: The KusamaDragons

On this episode of RAS, we spoke to the co-founder of KusamaDragons, a collection of 110 handdrawn dragons on Singular with a current floor price of 13 KSM. In a space where most collections are created solely by artists, it was nice to gain the perspective of an NFT creator who is not an artist.

We had a really insightful chat with KusamaDragons, learning about his fascinating creative process--the epiphany and the deep obsession--, his NFT goals, his favorite NFT artist, and more.

Read the interview

📬 NFT News from Kusama & Polkadot

Singular 2.0 has been released, powered by RMRK 2.0 tech, making it the most advanced NFT marketplace in the world.
The RMRK art and design team released new banners for February in honor of the Singular 2.0 release. It also announced a new dutch auctioning mechanism to make the sales more fair.
SubWallet becomes the first DotSama wallet to support NFTs, making it possible to check and send your NFTs from within the wallet extension.
An article by a RMRK ambassador on the Singular 2.0 roadmap.
KodaDot released a multi-wallet feature on their marketplace, making it easier for users to switch between different wallets.
You can now view all your RMRK NFTs in the same place with the Talisman web app.
Unique Network announced that it would sponsor CoinBureauCon in London this May.
Unique Network also released a new edition of Quartz updates.

🗞 NFT News from Ethereum and Beyond

The Sandbox Metaverse hits 2M users, begins K-Pop partnership.
Google Trends data reveals that no one cared about metaverse or NFTs in 2022.
NFT infrastructure startup Rarify raises $10M from Pantera Capital.
OpenSea updated their banned countries list, sparking decentralization debate.
UkraineDAO raises over $6M via NFT sale to aid Ukrainian citizens.
Ukraine cancels token airdrop, reveals new NFT plans.
Crypto community rallies with Ukraine as local NFT artists' works sell out.
Japanese business giant Nomura to explore crypto and NFTs with a new unit.
Tencent files for patent related to virtual concerts in Metaverse.
Solana-based NFT marketplace Snowcrash will release NFT collections of Bob Dylan and Miles Davis later this year.
SEC investigating NFT market over potential securities violations: Reports.
AMC Entertainment CEO briefs community on crypto, NFT project updates in latest earnings call.
Solana-based NFT marketplace Neon has deployed an NFT ATM in the financial district of New York, giving people a very familiar way to acquire the tokens.
Dolly Parton launched Dollyverse NFTs.
South Korea’s Ministry of ICT, Science, and Future Planning pledged $186.7 million to create a broad metaverse ecosystem to support the growth of digital content and corporate growth within the country.
Rakuten launched an NFT marketplace to capitalize on growing adoption in Japan.
Crypto and NFT ecosystem analytics firm BitsCrunch has secured $3.6 million in a funding round led by Animoca Brands, Coinbase Ventures, Crypto.com Capital and others.
CryptoPunks 'have changed the history of art,' says panel at Sotheby's auction.
Web3 gaming startup Fast Break Labs has closed a $6 million seed funding round to launch an NFT-based fantasy basketball game dubbed the “Virtual Basketball Association” (VBA).
Bankless released an article explaining why gamers should not hate NFTs.
In the largest-ever NFT-backed Loan, 101 CryptoPunks Put Up as Collateral.
Pplpleasr’s Shibuya Video Platform uses Ethereum NFTs to fund and shape films.
Blockchain Gaming Giant Animoca Brands Halts Services to Russian Users.
Axie Infinity maker poaches Jump director as part of bid to draw in more game developers
$70 Million Later, Pixelmon's founder calls artwork reveal 'horrible mistake'.
Microsoft’s Minecraft Goes Web3 With 'NFT Worlds' on Polygon.
These display startups are bringing NFTs into the real world.
OpenSea recently faced an unprecedented phishing incident. The attack vector has officially been closed with the completion of OpenSea’s listings migration event.
Coinbase NFT marketplace sign-ups are approaching 4M and counting.
The Graph just launched an onchain permissioning system via NFTs.
Newt, Aave’s experimental arm, unveiled Aika: a platform for minting your time as NFTs.
Tubby Cats arrived with a “novel thoughtful approach”.
Webaverse has already welcomed the Tubby Cats.
HyperLoot minting is set to begin on March 3rd.
Forgotten Runes Wizard’s Cult have a new bespoke marketplace in forgotten.market.
Axie Infinity has passed $4B in lifetime NFT trading volume.
Guild of Guardians is partly developed by the Ukrainian-based Stepico-team, which has evacuated to Lviv in light of the Russian invasion.
OpenSea added a music category tag to its collection creator UI.
Sound unveiled a song splits feature.
Spotify is looking at Web3 hires.
Cryptovoxels announced that it would cap its parcels at 70,000 LAND.
NFTX celebrated its 1st birthday here.
SuperMassive published an awesome explainer video covering The Idols, a new NFT collection whose NFTs are backed by Lido staked ETH (stETH).
Hacker targets Treasure NFTs. An unconfirmed code exploit on the marketplace from TreasureDAO caused tens of Smol Brains NFTs to be sold for zero cost.
Bankless wrote a post explaining the Pixelmon NFT debacle.

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!