NFT Review 89 - New Frontiers

LG's patent for NFT-trading TV, Brave's automatic NFT backups, text NFTs, and more.

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May 19, 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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Dear NFT enthusiast,

This week, Brave announced new functionality for its wallet that includes automatic NFT backups and enhanced Filecoin support. It's a practical addition, aiming to enhance user experience and data security.

On a different note, LG Electronics has taken a step towards the NFT market with their recent patent application for an NFT-trading TV. It's a somewhat unexpected intersection of technology and blockchain, demonstrating a possible direction for the incorporation of NFTs into consumer electronics.

Both developments highlight the broadening scope of NFT applications, extending beyond the typical domains of art and collectibles. It's interesting to observe how different sectors are experimenting with NFT technology.

As we look ahead, we'll continue to keep a close eye on the evolving landscape and its effects on the wider NFT market.

Thank you for reading and have a great week.

— NFT Review

📬 NFT News from Kusama & Polkadot

Singular launched an Open Call for Art in anticipation of its EVM release.
Steven Pineda, RMRK’s EVM dev lead, posted a thread on the differences between ERC 6551 (a new NFT ‘nesting’ standard) and ERC 6059 (RMRK’s nestable NFT standard).
RMRK EVM devs were on PEEPanEIP to discuss ERC-5773: Context-Dependent Multi-Asset Tokens.
Moonsama announced a new multiverse item–also known as offhands, they provide special perks in Moonsama's metaverses and games.
Evrloot published its first biweekly dev journal.
Bit.country announced that voxel building is now free. It also published a development update.

🗞 NFT News from Ethereum and Beyond

Chinese prosecutors to crack down on ‘pseudo-innovation’ in the NFT market.
Assassin’s Creed unveils ‘smart collectibles’.
LG Electronics files patent for NFT-trading TV.
Bitcoin Ordinals hit Binance NFT Marketplace.
Pudgy Penguins signs with WME.
Axie Infinity rolls out ‘lite’ version of crypto game on Apple app store.
Mattel unveils Fast & Furious collection.
Artizen Fund raises $2.2 million to create NFT cultural artifacts.
Brave unveiled automatic NFT backups + enhanced Filecoin support in the Brave Wallet.
ConsenSys is starting an NFT-based loyalty campaign for its Linea L2 testnet.
NiftyKit launched a Share to Earn feature.
Zapper rolled out its onchain activity feed.
Zora introduced text NFTs.
Meebits introduced Moods animations.
Manifold added support for buying and selling with $TURBO.
sound.xyz released the Sound mobile app.
Treasure welcomed Spark Defense, a hero-driven MOBA defense game, to its ecosystem.
Treasure welcomed Spark Defense, a hero-driven MOBA defense game, to its ecosystem.
Decentraland added wishlists to its marketplace.
Blur introduced Blend, a perpetual peer-to-peer NFT lending protocol.
Jack Butcher on the format of the new Opepen drops.
Bonfire added token gating and rewards functionalities.
Limit Break introduced ERC-721C, a new standard for NFT royalties.
Nouns DAO minted 5,000 of Coinbase’s “Stand With Crypto” NFTs.
OpenSea Pro added support for PEPE payments.
Cool Cats teamed with Ledger on a bespoke Ledger Nano S Plus series.
Elon Musk tweeted out a Milady meme, leading to a temporary floor price surge for the collection.
Pudgy Penguins raised a new $9M seed round.
Axie Infinity launched Origins Season 4.
Webaverse introduced moemate, an AI-powered companion.
Ronin released new ronanchain.com analytics features.
Sound posted a threadon preparing to open to all musicians.

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!