NFT Review 82 - Starbucks NFTs sell out

OpenSea patches vulnerability, $2 billion in Feb NFT sales, Yuga nets $16.5m in Bitcoin NFTs, and more.

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Mar 14, 2023

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,

Coffee giant Starbucks launched its first premium NFTs at $100 each. The launch signals a growing trend of mainstream brands exploring the potential of NFTs to engage with customers and build loyalty.

Starbucks’ entry into the NFT market is a significant development, as it shows that NFTs are no longer just a niche interest but are gaining broader acceptance among mainstream businesses. It’s exciting to see more brands explore the possibilities of NFTS, and we can expect to see more companies follow suit in the coming months and years.

In addition to Starbucks, last two weeks saw Spotify announce NFT-gated playlists. Both of these launches showcase the potential of NFTs to create new ways of engaging with customers and building brand loyalty. It’s an exciting time for NFTS, and we can’t wait to see what other developments will emerge in the near future.

Thank you for reading and have a great week.

— NFT Review

📬 NFT News from Kusama & Polkadot

RMRK published a video recap of its time at ETHDenver.
RMRK hosted a community call. Listen here.
Check out the latest verified collections and top traders on Singular.
Evrloot’s (RMRK-based RPG) migration to Moonbeam is in test mode.The team held an interview with The Kusamarian.
Veil of Time (RMRK-based RPG) NFT sale has begun. It will last until March 24th.

🗞 NFT News from Ethereum and Beyond

Nissan files 4 new web3 trademarks, trials sales in the metaverse
OpenSea patches vulnerability that potentially exposed users’ identities.
DAO Maker founder builds game based on abandoned Logan Paul project in just 30 days.
German regulator BaFin suggests a ‘case-by-case’ approach for NFTs.
Binance NFT adds Polygon network support to its marketplace.
Yuga Labs’ first Bitcoin NFT auction nets $16.5M in 24 hours.
Snoop Dogg revealed as co-founder of Web3-powered livestream platform.
BNB Chain hackathon winner accuses Binance of stealing AI-powered NFTs idea.
Magic Eden announces ‘mint madness’, over a dozen projects partnering on free mints this month.
Galaxy tips Bitcoin NFT market to hit $4.5B by 2025.
People are minting BRC-20’ meme tokens on Bitcoin via Ordinals.
GQ Magazine NFT drop flops—and the floor is falling fast.
Planet Hollywood, Animoca Brands to launch NFT club in L.A.
Vitalik Buterin has an NFT collection? Quadratic funding drop pulls in millions.
Filmmakers need new NFT funding models, ‘the space moves so rapidly’: ‘Calladita’ director.
Like a Blur: Tensor plans massive airdrop for Solana NFT traders.
NFT startup Candy Digital taps Getty Images for ‘70S music and photos.
Blockasset athlete NFTs expand beyond Solana to Chiliz sports platform.
Hermès seeks stronger block of Metabirkins NFT sales.
Sorare NFTs should be regulated under ‘new category’, CEO says.
NFT sales surge to $2 billion in february—highest since Terra crash.
ENS is on the verge of rolling out Name Wrapper support.
Zora saw a massive mint spike (+400k) from the Base, Introduced NFT drop by Coinbase.
fxhash, a popular Tezos-based generative art platform, added support for ETH payments.
Sound rolled out an optimized navigation panel.
Gods Unchained released an Open All Packs feature.
HyperPlay, a web3-native game launcher, kicked off its early access launch.
Upshot announced its upcoming arrival on the NFT lending scene.
Mirror intro’d a Subscribe to Mint feature.
Foundation launched an editions feature.
Osinachi released Room for Everyone on Async Market.
Sound intro’d Viral Sounds, a new dashboard for discovering trending songs on Sound.
WME signed AI artist Claire Silver.
Axie Infinity Origins Season 3 is now live.
Decentraland now supports an Audius music player plugin.
Webaverse held its first drop for Genesis Pass holders.
paprMEME now supports loans against Chimpers, goblintown, Lil Pudgys, Mooncats, and Sappy Seals NFTs.
Sodium, a new peer-to-peer and peer-to-pool NFT lending protocol, is now live.

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!