NFT Review 48 - A Bear and more Adoption
Spotify eyeing NFTs, Instagram testing NFT features, new date for Skybreach land sale, 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,
Although the markets are still down, the builders are still building and adoption is ramping up. Streaming giant Spotify has reportedly started testing NFT galleries. When you consider that Spotify has almost every music artist in the world and 422 million monthly listeners, then you realize just how big of a deal this is.
When you combine this news with the reports that Instagram has started testing NFT features, then you begin to catch a glimpse of the glorious future NFTs have. What is left now is to keep building towards this future.
In more RMRK-focused news, you are heavily encouraged to redeem (burn) ALL land deed vouchers before May is over. The Skybreach land sale will happen in June and it would be a shame to lose you free land because you forgot to take timely action.
A new video was released to explain Chunkies, the companions to Kanaria in Skybreach.
Thank you for reading and have a great week.
— NFT Review
👨🏼🎨 RMRK Artist Spotlight: Skylab Corporation
On this episode of SAS, we chatted with the creators of one of Singular's most unique NFT projects--Skylab Corporation. Most NFT projects have an end goal of becoming a metaverse or game, but the Skylab Corporation is focused entirely on creating a story-based experience using composable NFTs. As in, the Skylabs Corporation is an NFT project which unfolds based on a story. Each new fork in the story is accompanied by NFT drops. What is impressive about this is that this is the point of the collection. There's no other overarching goal (of course, the team could very well iterate for more in the future, but for now, this is their focus).
On its own, that is impressive enough, but when you consider the pedigree of one of the co-founders, things become more interesting. Akin Goecmenli is a visual effects whiz who has worked on Hollywood's biggest blockbusters, including Avengers: Endgame. As a result, the 3D art offered in collaboration with the story is of the highest quality.
We enjoyed chatting with the team and learning more about this innovative collection.
📬 NFT News from Kusama & Polkadot
RMRK released a new video to educate the community on what $RMRK sufficiency on Statemine means for the medium-long term.
Unredeemed Skybreach land deed vouchers expire in less than 11 days.
The Skybreach land sale is now scheduled to go live in mid-June. A new video has been released to explain Chunkies–companions to Kanaria in Skybreach.
Bit.Country announced Activation Passes for its Alpha Testnet where users can play around with the metaverse builder.
InvArch, an Intellectual Property management blockchain, has partnered with RMRK with plans to implement the RMRK standard as the native NFT pallet on its chain.
Watch the first episode of the Bit.Country Discovery Podcast.
You can now send $RMRK to and from the Ethereum Network. Learn how here.
Watch this review of a governance experiment on Kusama utilizing RMRK technology.
Moonsama announced Pondsama, a browser-based metaverse fish pond.
🗞 NFT News from Ethereum and Beyond
ApeCoin migration draws interest from Avalanche and Flow.
Otherside released a new tech demo.
Robinhood to launch a Web3 wallet.
LimeWire inks NFT deal with Universal Music.
Linktree has launched support for NFTs through a partnership with OpenSea.
The Sandbox has partnered with South Korean entertainment firm Studio Dragon to develop a Korean drama series within the Sandbox metaverse.
Coinbase unveils Web3 mobile DApp and DeFi wallet and browser.
Square Enix plans to issue tokens and invest heavily in Web3 gaming.
Etherscan, CoinGecko warn against ongoing MetaMask phishing attacks.
Getty Images to launch first NFTs on Palm through Candy Digital.
Andreessen Horowitz debuted a $600 million gaming fund to add to Web3 bets.
Gem added Sweeps Data, a new analytics suite for NFT sweeping stats.
Genie rolled out UpShot NFT appraisals.
Instagram started testing out support for NFTs; Rainbow is among the first wallet solutions supported in the trial.
Vitalik Buterin co-authored a paper on Decentralized Society ft. soulbound NFTs this week.
Doodles conducted a free dooplicator airdrop.
Chain Runners XR launches next week.
HyperLoot introduced HyperLoot Cards, a decentralized card game.
Lil Nouns, a third-party Nouns DAO expansion project, launched its protocol.
Finiliar released a new project update.
Forgotten Rune Warriors minting started.
Roblox is exploring wrapping digital items into NFTs.
Axie: Origin is now available to download on Android mobile devices.
Coopahtroopa.eth published This Week in Music NFTs - May 9th.
Sound unveiled Range Editions to offer musicians more flexibility during drops.
Cryptovoxels has conducted a snapshot of parcel and costume owners for the project’s upcoming FOLK airdrop.
Uniswap (whose V3 LP positions are represented as NFTs) is nearing $1 trillion in cumulative trading volume:
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!