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NFT Review 71 - X2Y2 joins OpenSea
New Singular updates, word of the year contender, Porsche to launch 7500, and more.
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Dear NFT enthusiast,
A few weeks back, the NFT industry was moving towards boycotting creator royalties. First were the Solana-based NFT marketplaces, then some on the Ethereum side. At some point, OpenSea, the industry leader by size and revenue, considered following the flock. But following backlash from the creator community, it retraced its steps.
Now X2Y2, one of the early adopters of the royalty boycott, has announced that it would now enforce creator royalties on all existing and future collections. This sets a trend. Will more royalty boycotters reverse their position?
Whatever the case, it is great to see the power of the creator community used to good effect in upholding best practices. In the aftermath of the FTX clusterfuck, we need more proactive action by the community in shaping the rules of the ecosystem.
In other marketplace news, OpenSea’s Seaport Protocol onboards creators and NFT holders on BNB Chain. At this point, it is redundant to proclaim “the future is multi-chain”. We are already living the multi-chain reality.
Thank you for reading and have a great week.
— NFT Review
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📬 NFT News from Kusama & Polkadot
Singular has been updated with some cool new features.
Evrloot published a recap of its 9 months in existence.
The Kusamarian published a video overview of The Veil of Time, a game building with RMRK.
Unique Network partnered with Unit Masters to accelerate Web3 & Blockchain Education.
Bit.Country’s Xenoform Event has concluded with 9 new raw land owners.
PhalaWorld Shell incubation is set to begin on Dec 5th.
RMRK published a video explanation on How to Use Emotes on NFTs.
🗞 NFT News from Ethereum and Beyond
Nickel Digital, Metaplex and others continue to feel the impact of FTX collapse.
Industry expresses confidence in the NFT space amid the FTX collapse.
‘Metaverse’ a top 3 contender for Oxford’s Word of the Year.
ApeCoin geo-blocks US stakers, two Apes sell for $1M each, marketplace launched.
The metaverse is a new frontier for earning passive income.
Porsche to launch 7,500 NFTs for use in a ‘virtual world’.
Deadmau5 launches Elynxir NFT game as part of music metaverse.
Uniswap launches NFT marketplace aggregator.
Gary Vee-backed NFT startup Candy Digital cuts staff in mass layoffs.
Magic Eden eyes gaming, brand NFTs with planned Polygon support.
The Sandbox to launch LAND sale with Playboy, Tony Hawk, Snoop Dogg.
Pharrell’s GODA completes Hilma af Klint NFT Art Auction amid family complaints.
3LAU’s Royal debuts marketplace to bring music NFTs to the masses.
ENS DAO voted for a new endowment fund manager.
Genie, the NFT marketplace aggregator, is still planning an airdrop.
Linagee Name Registrar, the first NFT project on Ethereum, has an updated resolver contract.
Quix, the first NFT marketplace on the Optimism L2, is transitioning to being open source.
Doodles saw a Devil Rainbow Puke Doodle sell for 50 ETH, the highest Doodle sale in five months.
Moonbirds migrated on-chain.
Art of this Millenium (AOTM) gallery launched and announced its initial roster of artists.
Axie Infinity just kicked off the Saigon testnet for the Ronin sidechain.
Axie Origins: Season 2 is introducing new gameplay mechanics, too.
AavegotchiDAO voted to create a new foundation that will have 9 multisig signers/directors.
Catalog just welcomed its latest musicians.
DecentralandDAO introduced Technical AMA Sessions.
LandVault, a metaverse infrastructure project, added support for Otherside and NFT Worlds parcels.