NFT Review

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NFT Review #7: Breaking Records and Runtimes
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NFT Review #7: Breaking Records and Runtimes

A record-setting week for Axie Infinity, a record-breaking week for OpenSea, and RMRK breaks Kusama a second time

gbaci
and
Bruno Škvorc
Jul 5, 2021
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NFT Review #7: Breaking Records and Runtimes
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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,

Last week, we reported that hip hop mogul Jay Z had caught the NFT bug, selling his first NFT for $139,000 at Sothebys. This week, it’s Katy Perry who has joined the fun. The pop superstar announced that she will be dropping an NFT collection this year.

At this point, it is safe to say that (1) creators love NFTs and (2) we haven’t scratched the surface of NFT penetration into creator-fan relationships. We envision a future where every creator with a following will have an NFT-based relationship with their hardcore fans.

To guide us towards this future of freedom for creators, the builders are hard at work. Catch some of the latest updates from the NFT frontlines below, feauring a record-setting week for Axie Infinity, a record-breaking week for OpenSea, and RMRK breaking Kusama a second time.

Thank you for reading and have a great week.

— NFT Review


👨🏼‍🎨  RMRK Artist Spotlight: Nuetosis Talks About Groundbreaking NFT Project

On this week's episode of Artist Spotlight, we caught up with Nuetosis, the creator of the first-of-its-kind storified NFT series Reapers v Androids.

The story of the Reapers v Androids is told through art, online social media battles, and various other methods still in development. The cardholders are able to steer the story through battles, wars, character transformations, and creating new characters.

Read the interview to learn more about this groundbreaking NFT series and the man that created it.


📬 NFT News from Kusama & Polkadot

  • RMRK’s Kanaria initial collectible offering is over. Over 7,815 Kanaria eggs were claimed out of 9,000. Some renders of the generated Kanaria bird NFTs have been released.

Twitter avatar for @RmrkApp
RMRK.app Official @RmrkApp
😍The hatchery is working full steam Last call to get on the bird train before it BURNS UP 🔥🔥🔥🔥 kanaria.rmrk.app/?ref=teaserend…
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12:37 PM ∙ Jun 27, 2021
66Likes23Retweets
  • RMRK announce an artist sponsorship program that gives qualifying aritsts 500 free mints. Interested artists can fill this form to begin.

  • Kodadot offers rewards to full-stack developers for creating good pull requests.

  • Bondly receives investment from BitMart to fast-track NFT ecosystem growth.

  • RMRK release new plans for combating plagiarism on Singular.

  • Bit.Country announce mystery blind boxes for holders of their $NUUM testnet tokens.

Twitter avatar for @BitDotCountry
Bit.Country - Metaverse Hub of Polkadot @BitDotCountry
In case you are curious what is sealed inside the upcoming 🎁Blind Boxes🎁. Genesis Collection 🟩Wearable Hats 🟦Wearable Jackets 🟪Wearable Pants 🟧Wearable Shoes <- Rarest Your Testnet $NUUM is the 🔑Get them here t.me/BitCountryOffi…
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4:31 AM ∙ Jul 2, 2021
58Likes19Retweets
  • RMRK announce a rewards boost for artists and voters in their art contest.

Twitter avatar for @Elevate_CV
Elevate Community Ventures @Elevate_CV
Kanaria are running an art contest: ✏️kanaria.rmrk.app/artcontest✏️ Voting on entries costs $2 per entry per first vote. Each first vote per entry counts as a raffle ticket, and the winner gets 5% of the pot, which is $40000 + the sum of all the $2 votes. 💵 bit.ly/2V3agOg
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4:18 PM ∙ Jul 2, 2021
43Likes18Retweets
  • In an interesting twist of events, RMRK’s Kanaria broke Kusama for the second time, taking down the Moonriver, Karura, and Statemine parachains.

Twitter avatar for @EMarkxxx
emark @EMarkxxx
@XiliangChen @KaruraNetwork @RmrkApp
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11:52 AM ∙ Jun 30, 2021
15Likes1Retweet

🗞 NFT News from Ethereum and Beyond

  • Twitter joins the NFT movement with the launch of their genesis NFTs.

  • Recent floor prices for top NFT collectibles released by Zeneca_33

Twitter avatar for @Zeneca_33
Zeneca_33 🍌 @Zeneca_33
Daily-ish floor + unique holders update. I added @coolcatsnft and a # listed for sale column. I'm bad at vacationing when I'm doing this at 5am. Slow news day, I think. Most noteworthy thing is probably the meebits flipping the cats as we sorta saw coming yesterday. We see quite
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2:49 AM ∙ Jul 5, 2021
109Likes24Retweets
  • Axie Infinity has generated nearly $13 million worth of protocol revenues over the past 30 days. That’s far above top DeFi projects Maker ($8.4M), Sushi ($6.3M), and Synthetix ($4.1M) in the same span.

  • Neo-pop surrealist Philip Colbert just launched Lobsteropolis City and Lobster Land Museum in Decentraland.

  • Leading NFT marketplace, OpenSea had a record-breaking month in June 2021, facilitating over $150 million worth of sales.

  • Owen Shen, the creator of 0xmons, just published a wrapper of the Chainlink VRF solution that makes it easier to randomly distribute NFTs.

  • Animoca Brands, a Hong Kong-based blockchain game and non-fungible token (NFT) creator, has raised $50 million as part of its latest funding round.

  • Mark Cuban–backed NFT marketplace Mintable raises $13M.

  • Internet’s original source code sold as NFT for $5.4 million.


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!

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