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NFT Review 51 - Skybreach land sale now live!
goblintown.wtf creators revealed, stolen BAYC returned, Axie launches creator program, and more.
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Looking for a primer on NFTs? This should be the last introduction you’ll ever need.
Dear NFT enthusiast,
Last week Bill Gates came down on NFTs, claiming that it’s an asset class whose only value lies in exploiting the 'greater fool theory'. According to Gates, NFTs are only popular because people expect to be able to sell them for a higher price. On the surface, he is 100% right. However, things are not always as they seem on the surface. There are different kinds of participants in the NFT space. While most of them may be only interested in flipping, there are others who are dedicated to NFTs because they seek to create value through them. The flippers can be seen as value extractors, while the builders and genuine adopters are value creators.
Asides from Gates’ comment, it has been an eventful week on the RMRK side of the world as the first phase of the long-anticipated Skybreach land sale went live. With only a couple days of sales, over 370,805 $xcRMRK has been spent on 3370 / 25,000 lands. If you want to benefit from the land sale, consider joining the land sale giveaway contest or partaking in the referral program.
Thank you for reading and have a great week.
— NFT Review
📬 NFT News from Kusama & Polkadot
Phase 1 of the Skybreach land sale is in full swing with over $1m worth of land already sold. The second phase starts in 4 days.
A Skybreach land giveaway competition is now in effect. Enter for a chance to win free land and some $xcRMRK.
A glimpse into the innovative PhalaWorld.
Watch this quick rundown of Cyphermod, a project born of a Phala x RMRK partnership.
Listen to the first episode of RMRK’s newest show ‘Women in NFTs’.
Unique Network announced the winners of MintFest, its first NFT competition.
Watch the pre-alpha test of Moonsama’s Rug of Duty game.
🗞 NFT News from Ethereum and Beyond
UAE launches the world’s most expensive modern postage stamp.
NFT platforms in China grow 5X in four months despite government warnings.
Swiss luxury watchmaker TAG Heuer introduces NFT-enabled smartwatch.
Metaverse could be worth $5 trillion by 2030: McKinsey report.
Yahoo launched Metaverse events for Hong Kong residents under restrictions.
A Fool's Game: Bill Gates criticizes the intangible value of NFTs.
OpenSea announced new security features to protect users from NFT scams.
NFT flipping is not so profitable for more than half of buyers: Survey.
Yuga Labs co-founder prewarns possible attack, claims Twitter insider involved.
Jim Carrey tokenizes original artwork for charitable causes.
Seth Green's stolen Bored Ape is back home.
Ukraine to use NFTs to save its cultural DNA amid Russian invasion.
NFT platform Immutable launches $500M venture fund for Web3 games.
OpenSea officially migrated its operations to its newly developed Seaport Protocol.
Context released mint.fun, an NFT minting aggregator website.
Immutable introduced Arch, an L1 to L2 bridging system for Ethereum and StarkNet.
goblintown.wtf creators revealed their identities as the team behind Truth Labs, an NFT studio.
Archipelago, a marketplace specialized for Art Blocks pieces and generative art in general, is going live on June 20th.
Axie Infinity launched the Axie Creator Program.
Information Token DAO (IT) invested in Joyride, a streamlined web3 platform for game creators.
Merit Circle DAO and Yield Guild Games (YGG) agreed to formally part ways.
Playful Studios, the team behind Words With Friends and beyond, raised $46M to build out its upcoming Wildcard Alliance NFT game.
Coopahtroopa.eth published This Week in Music NFTs - June 13th.
Arpeggi Labs created the first open on-chain samples library.
Decentraland and The Sandbox are hosting around 1k active daily players right now.