NFT Review 73 - Tensions rise on Solana
NFT Review 73 - Tensions rise on Solana
Shibuya raises $6.9m, Starbucks NFTs gain mass attention, PhalaWorld enters next stage, 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,
This past week saw tensions erupt between two of the top NFT projects on Solana. The bone of contention is over the future of Solana NFTs and the contenders are Magic Eden (Solana’s top NFT marketplace) and Metaplex (creators of the Solana NFT standard currently in use).
In a recent tweet thread, Metaplex alleged that Magic Eden was leading a “coordinated pressure campaign” to try and take control of the standard. Magic Eden then responded with a tweet thread of its own, writing that Metaplex had “falsely accused us of trying to take control over the NFT standard on SOL.”
The main contention is that the standard upon which all Solana NFTs are built should not be controlled by a single entity. So who is right and who is wrong? It is difficult to tell. If the past few months of crypto have taught us anything it is that things are rarely ever as they seem. As such, we will refrain from weighing in on this debate as we do not know the full details. We only hope that the infighting stops and the Solana NFT ecosystem come to an agreeable compromise.
On the Ethereum side, things are much better as OpenSea, having again changed course on NFT royalties, is working with other top protocols within the space to provide a lasting and somewhat decentralized solution to the royalties issue.
Thank you for reading and have a great week.
— NFT Review
📬 NFT News from Kusama & Polkadot
RMRK hosted a Roundtable with PhalaWorld to learn more about the most customizable NFT collection in crypto.
Blockchain Game Alliance sat down with some Enjin team members to talk about what blockchain gaming on Enjin is all about.
Bit.Country has airdropped the Kaosland Cup NFTs to the winning wallets. The competition drew in over 8000 selfies & unlocked the extra Kaosland 500k NEER Airdrop.
PhalaWorld’s Shell incubation period is over and now all NFT holders can customize their Shells prior to minting. There is a Dress Up contest ending on Dec 18.
AlphaAirdrop published a video breaking down the decentralized tech stack powering PhalaWorld.
Legends of Aethyr published a thread that explores the world of Aethyr from the technical side.
Moonsama announced a multi-million dollar investment from Scytale Ventures.
🗞 NFT News from Ethereum and Beyond
Gary Vee: NFT market held back by oversupply, greed and bad projects.
Yuga Labs, Moonpay faces lawsuit over celebrities’ NFT promotion.
MetaMask Institutional, Cobo and Gnosis DAO team up for soulbound token project.
Gamers are more interested in earning Bitcoin than NFTs: Survey.
Art Basel Miami was host to the intersection of NFTs, Nonprofits, and Longevity.
Magic Eden will reward loyal traders with discounts and free NFTs.
Reddit users have minted more than 5 million NFT avatars on Polygon.
Starbucks sees ‘unprecedented interest’ as Polygon NFT rewards platform launches.
Pplpleasr’s Shibuya NFT video platform raises $6.9M to build the ‘A24 of Web3’.
Blur commenced claims for its second airdrop.
CoinLedger introduced the NFT Tax Loss Harvestooor:
GigaMart, a new general NFT marketplace, launched.
Ledger introduced the Ledger Stax, a new crypto hardware wallet that’s capable of displaying NFTs.
Mirror introduced improved NFT embeds.
Rarible added Polygon support to its community marketplace generator.
Starbucks Odyssey, a membership rewards program in collaboration with Polygon, kicked off.
Variant, an early-stage web3 fund, acquired multiple Nouns.
Finiliar launched oracle connectivity, meaning Finiliars now respond with emotional animations to their native cryptos’ prices.
Manifold added a Token Activity dashboard, for tracking recent payments and royalties, to Manifold Studio.
sansa, a new marketplace for generative art, has arrived.
Axie Infinity introduced Axie Core, a new series of expanded gameplay mechanics.
BLKHVND, a decentralized esports team, entered into a partnership with ParagonsDAO.
Pirate Nation introduced code that allows projects to receive royalties from both Blur and OpenSea.
Sound celebrated its first birthday.
Aave Companies, the parent entity of Aave, acquired mobile metaverse Sonar with plans to integrate web3 social infra Lens Protocol into the platform.
Decentraland added support for LAND rentals to its marketplace.
NFTfi borrowers can now mint, transfer, or sell their loan obligations.
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!