NFT Review 69 - OpenSea submits to the creators
NFT Review 69 - OpenSea submits to the creators
F1 coming to OpenSea, Metamask partners with HyperPlay, Decentraland's Day of the Dead, 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.
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Dear NFT enthusiast,
On 7th November, OpenSea announced they were launching an on-chain tool that enables creators to enforce royalties for any new collections on the platform but did not offer the same to existing collections. A flurry of discontent from the NFT creator community followed, including a blog post by BAYC founders Yuga Labs who began with some facts “1) The NFT ecosystem would be a tiny fraction of what it is today if it weren't for creator royalties. 2) The leading marketplaces of the past couple years would be nowhere if they hadn’t supported them.” They went on to declare that OpenSea’s plan was “not great”.
In response to the backlash, a few days later OpenSea announced it will continue to enforce royalties across all collections going forward.
It is good to see the industry leader bend to the will of the creators. It does not benefit anyone if, in a race to the bottom, all marketplaces abandon fundamental aspects of the creator economy.
Thank you for reading and have a great week.
— NFT Review
📬 NFT News from Kusama & Polkadot
Veil of Time has released a new trailer.
RMRK held a RoundTable discussion with Veil of Time.
Singular’s new update allows users to create multi-resource NFTs with greater ease.
Evrloot added an in-game marketplace. Read more about it here.
Astar hosted a Tech Talk on Building RMRK NFT dApp using Swanky.
Legendary artist Yoshitaka Amano’s Candy Girl NFT and COSMIZE, the first metaverse project built on Astar Network, have reached an agreement for a partnership.
Explore the newly verified collections on Singular.
MEXC Global is launching its metaverse on Bit.Country.
Bit.Country hosted a Twitter Space on Which Industries will be Disrupted by the Metaverse?
Unique Network is hosting a Unique SDK Workshop in late November. Register here.
🗞 NFT News from Ethereum and Beyond
Trademarks filed for NFTs, metaverse and cryptocurrencies soar to new levels in 2022.
Following community backlash, OpenSea launched an on-chain tool to enforce NFT royalties.
NFTs are the key to turning passive fandom into an active community.
Tattoo industry expands into the NFT space amid digital culture shift.
NFTs still in ‘great demand’ as unique traders rose 18% in Oct: DappRadar.
How UMG is building out its Bored Ape metaverse band, Kingship.
Magic Eden CEO: royalties-enforcing NFTs could be a 'new asset class'.
ASICS taps STEPN to launch running shoe, Solana NFT collections.
NFTs and crypto were stolen after Web3 gaming CEO Gabriel Leydon’s Twitter was hacked.
Alchemy launched NFT allowlist platform Spearmint for Ethereum, Layer-2 projects.
F1 team taps OpenSea for racing NFT marketplace, Cross Promotion.
Kraken launched 70 Ethereum & Solana NFT Collections on its new ‘Gasless’ marketplace.
Yuga Labs announced metaverse NFT open standards are coming ‘very soon’.
SHARE, a new content distribution system, just deployed on Ethereum and Polygon.
Yuga Labs introduced MB1, a new experiential hub for Meebits holders, and a new NFT royalties model.
SuperRare introduced RarePass: Genesis NFTs, which are yearlong lootboxes that feature works from 24 iconic cryptoartists.
Axie Infinity kicked off a battle and crafting contest where Axies with special body parts can earn extra XP rewards.
MetaMask partnered with HyperPlay in a bid to bring crypto wallets to every game.
Ronin Network introduced its new-and-improved mobile wallet.
ZED Run is rolling out core gameplay improvements.
Bankless published Finding the XCOPY of Music NFTs, a guide to the web3 music scene.
Decentraland hosted a Day of the Dead celebration.
0xngmi published a thread explaining the design decisions behind LlamaLend, a new NFT lending protocol:
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!