NFT Review 85 - The Wave Mint
OpenSea's no-fee marketplace, LooksRare v2, Reddit Gen 3 avatars, 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,
In this week's edition of our newsletter, we're focusing on a ‘new’ NFT launch strategy called the Wave Mint, recently published by a16zcrypto. This strategy aims to create more cohesive and engaged communities by inviting members from various NFT communities in a series of waves, resulting in stronger community ties and targeted audience growth.
While the Wave Mint strategy offers several advantages, it is essential to consider the challenges it presents, such as operational complexity and potential security concerns. However, with proper planning and the implementation of appropriate solutions, these challenges can be mitigated.
We encourage you to read the main article to gain a deeper understanding of the Wave Mint strategy and its potential implications for NFT project launches. The article provides valuable insights into the advantages and challenges of this approach, as well as the possible solutions to address them.
Read the rest of the this week’s news below for more updates and insights on the ever-evolving NFT landscape. Thank you for reading and have a great week.
Thank you for reading and have a great week.
— NFT Review
📬 NFT News from Kusama & Polkadot
RMRK hosted a community AMA on Twitter Spaces with RMRK devs, Derek Yoo (founder of Moonbeam), and the Evrloot team to talk about the Singular EVM release.
RMRK released a new ecosystem report, featuring zkSync integration and Singular EVM support in QA.
RMRK unveiled Nested Royalties and GBM Auctions on Singular NFT Marketplace.
Bit.Country introduced estate staking, allowing users to stake $NEER in their estates and earn $BIT rewards from an exclusive 20% pool of $BIT mined per round.
Moonsama Nation hosted a Twitter Space with Exosama CEO Donnie and another on The Next Steps for Moonsama.
🗞 NFT News from Ethereum and Beyond
Bitcoin Ordinals community debates fix after inscription validation bug.
LooksRare launches v2, reducing fees from 2% to 0.5%.
David Bowie unreleased record debuts as music NFT.
25% of NFT owners have a collection of 51 or more: CoinGecko Report.
Reddit deploys Gen 3 NFT avatar contracts on Polygon.
OpenSea launches ‘no fee’ Pro NFT marketplace aggregator with NFT rewards.
Former Activision Blizzard executive joins Yuga Labs as CEO.
Proof launches exclusive NFT collection for Moonbirds holders.
Magic Eden’s Bitcoin NFT launchpad debuts as Ordinals total nears 1 million.
‘Lollipop’ NFT racing game from filmmaker David Ayer coming to Polygon.
NFT sales near $2 billion in March as Blur dominates market.
Yuga Labs joins Gucci to announce Otherside-themed jewelry.
How Doodles plans to scale from genesis box to millions of NFT avatars.
MetaMask is adding an NFT view to its browser extension.
POAP is poised to start charging for commercial use mints.
Prop House introduced Infinite Rounds.
Yuga Labs kicked off the Koda decoupling event.
NFTfi.com added support for Nakamigos.
Pine Protocol, an NFT lending platform, is now live on Polygon.
SquiggleDAO announced 1-Year Squiggle Loans.
Virtue Worldwide, an agency backed by VICE, established a virtual HQ in Decentraland.
Sound now supports wallet creation via email.
AI ARENA is collaborating with Treasure DAO on The Treasure Cup.
HyperLoot opened signups to its CC0 Wars beta.
Nouns DAO is voting on continuing support for its Dota2 and CS:GO teams.
Panda Jackson on Zora and other DIY minting platforms.
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!