NFT Review 75 - Magic Eden turns porno
NFT Review 75 - Magic Eden turns porno
Mastercard taps Polygon, Avalanche NFTs on Shopify, Foundation's new creator tool, 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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Looking for a primer on NFTs? This should be the last introduction you’ll ever need.
Dear NFT enthusiast,
On 3rd January, hackers made Magic Eden turn porno after hacking ME's hosting service. Following a wave of tweets by confused users, the project assured its users that their NFTs were safe.
This is not the first time NFTs have displayed the ‘wrong’ images. Last November, FTX-hosted NFTs pointed to a restructuring website that had information on the firms' bankruptcy proceedings.
Given how surprised people were at both events, it is obvious that many people do not understand how NFTs are stored (and by extension, how they are centralized or decentralized). These events were possible due to the choice of NFT storage solution used by Magic Eden and FTX.
Thus, we recommend that every NFT enthusiast take time to learn the basics of NFT storage. This will help you better determine which NFTs are built on the right infrastructure. We wrote an article to help - How NFTs are Stored and Decentralized.
Thank you for reading. Catch the latest NFT news below.
— NFT Review
📬 NFT News from Kusama & Polkadot
RMRK announced that developers can now play with its EVM smart contract legos as they have been documented.
Manta partnered with RMRK to mint NFTs for the contributors of their record-breaking ZK trusted setup.
Bruno Škvorc published a thread on Kanaria sales analytics.
Singular published a 2022 recap.
The Skybreach land sale sold out and RMRK published a sales recap.
RMRK published a 2022 Ecosystem Report with updates on its core protocol, EVM expansion, Singular, and Skybreach. It also posted a video with more details on the development of the Skybreach metaverse.
Dark RPG Evrloot published an update on its planned migration to Moonbeam. View the full map of Telcarnal, the world the game takes place in.
RPG Veil of Time announced details of its NFT sale happening 21st January.
Final Fantasy creator reveals ‘aggressive investment’ in blockchain games.
CoinBureau published Bit.Country Review: A Game-Changing, Groundbreaking Metaverse?
🗞 NFT News from Ethereum and Beyond
5 sneaky tricks crypto phishing scammers used last year: SlowMist.
Touch, smell become the next big thing for the metaverse at CES 2023.
Moonbirds signs with Hollywood talent agents UTA.
SuperRare cuts 30% of staff as growth slows during crypto winter.
The team behind y00ts and DeGods were paid $3 million to move their collections from Solana to Polygon.
US DOJ files charges against alleged Mutant Ape Planet NFT rug pull.
Sports merchandise giant Fanatic sells 60% stake in Candy Digital amid ‘imploding NFT market’.
BMW taps Coinweb and BNB chain for blockchain loyalty program.
Crypto Twitter reacts to official ‘game of thrones’ NFTs: ‘worst thing i’ve ever seen’.
Yuga Labs’ lawsuit against Bored Ape ‘troll’ may have just opened a can of worms.
Mastercard taps Polygon for Web3 artist accelerator.
Shopify merchants can now sell Avalanche NFTs through their online stores.
NFT sales in 2022 nearly matched the 2021 boom, despite market crash.
Nike’s RTFKT COO loses his NFTs in massive ‘hack’.
Blur is launching its $BLUR token at the end of this month.
Foundation is releasing a new creator tool, Worlds.
ENS and Coinbase teamed up to give Coinbase app users the ability to link their cb.id names to their mobile wallets.
LooksRare released its Edition Zero merch drop denominated in $LOOKS.
OpenSea added support for onchain metadata updates.
Doodles 2 will feature gasless customization.
SBF appears to have purchased millions of dollars’ worth of Solana collectibles that now belong to FTX creditors.
JPG launched its second NFT TCR, the Conceptual Art Canon.
Axie Infinity launched the ability to buy, sell, and equip Axie accessories.
Illuvium opened up downloads for the Illuvium: Zero alpha.
Treeverse, a mobile MMORPG, launched pre-alpha gameplay.
Coopahtroopa introduced the Web3 Manager Launchpad for music managers and published This Week in Music NFTs - Jan. 2.
Astaria, an NFT-collateralized lending market, opened up its repos.
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!