# Long Live NFTs ✊ *Author: William M. Peaster* *Published: Sep 22, 2023* *Source: https://www.bankless.com/de/long-live-nfts* --- --- Dear Bankless Nation, NFT skeptics were out in force this week, but that’s fine. Let ‘em hate. They’ve made a boogeyman out of open and durable digital items and those of us who explore them, but the march of progress will continue to pass them by. In the meantime we’ll just keep learning, exploring, and building here. We’re explorers on the metaversal frontier, that’s what we do! As always thanks for reading this weekly NFT news roundup, everyone. I hope you all have a great weekend, stay creative! ✌️ -WMP --- ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f9bad705e-63dd-46e7-8064-6a765e0091a9_1215x308.png) ### **📊 The big picture** > Over the past week, the floor-based market cap of the NFT space declined from 7.99 million ETH to [7.53 million ETH](https://app.nftvaluations.com/) for a 5.75% drop ⤵️ ### **🔝 7D top collections by volume** ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f32d7f1c8-2524-4a52-b854-95eb8dca1577_1523x628-png.jpg)*via [OpenSea Pro](https://pro.opensea.io/)* --- ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2ff306d8f5-a1be-4301-83f5-2c9e8a346fee_1216x308.png) ### **📰 General news** - **Magic Eden **added support for [compressed NFTs](https://twitter.com/MagicEden/status/1702430156642492472). - **Mint.fun** added support for [Mirror articles](https://twitter.com/viamirror/status/1704945658359153099?s=20). - **Mirror **launched an [inbox feature](https://twitter.com/viamirror/status/1704178105257009551). - **Orb**, a Lens-based social app, [raised $2.3M](https://twitter.com/TheBlock__/status/1704844204235714970). - **OpenSea **is ditching [lazy minting](https://twitter.com/opensea/status/1704221378734374935). - **Phantom **unveiled [Shortcuts](https://twitter.com/phantom/status/1704533381906624870), curated NFT activities. - **Pob Studio** published [The NFT Metadata Cheatsheet](https://twitter.com/prrfbeauty/status/1704161091092369713). - **The Noun Square** intro’d [The Yellow Collective](https://twitter.com/thenounsquare/status/1704895027401417019). ### **🏆 Digital collectibles** - **Checks VV **holders were airdropped [Checks PFPs](https://twitter.com/jalil_eth/status/1702658952197021750). - **Cool Cats **launched its [SideKX mint](https://twitter.com/coolcats/status/1704934745589862786). - **ApeCoin DAO** approved [AIP-304](https://snapshot.org/#/apecoin.eth/proposal/0x7e5655a9cba84609f079685ac8ebb033d419a795b4053d30f2ccb1788c3da032), which will see the collective buy 11M $APE worth of Yuga Labs assets. ### **🎨 Cryptoart & music** - **Figure **is relaunching [Unshaded Rocks](https://twitter.com/figure31_/status/1704612610430165203). - **Sound **launched [Sounds of the Week](https://twitter.com/soundxyz_/status/1703439574478008765). ### **🎮 Decentralized gaming** - **Aavegotchi **unveiled its [Game Center](https://twitter.com/aavegotchi/status/1704148441616822330), a new hub for games around the Aavegotchi ecosystem. - **Axie Infinity** is conducting its first [Axie Game Jam](https://blog.skymavis.com/p/axie-game-jam-2023-is-here) and [opening up Axie Grants](https://twitter.com/AxieInfinity/status/1704546413474914776) to all Mavis Hub games. - **Lattice **kicked off its [Sky Strife playtest](https://twitter.com/latticexyz/status/1703761939053023736). - **Parallel **activated [Echo Replication](https://twitter.com/ParallelTCG/status/1703872952461144177?s=20), a way to create new in-game cards. - **Pirate Nation** added support for [custodial wallets](https://twitter.com/PirateNationNFT/status/1704955798017962416). - **Proof of Play**, the builders of Pirate Nation, [raised $33M](https://twitter.com/ProofOfPlay/status/1704876956762956188). ### **🌐 Virtual worlds** - **Decentraland **is accepting artist applications for [Decentraland Music Festival ‘23](https://twitter.com/decentraland/status/1704918402907726030). - **Yuga Labs **entered into a [series of metaverse-related partnerships](https://www.prnewswire.com/news-releases/yuga-expands-technical-and-creative-partnerships-to-assist-in-expansive-vision-for-otherside-and-joins-the-board-of-oma3-to-further-interoperable-metaverse-standards-301933418.html). ### **🪙 NFTfi** - **Astaria **acquired [MetaQuants](https://twitter.com/AstariaXYZ/status/1704478525204336900), a NFTfi aggregator and analytics platform. - **FloorDAO **is [undergoing a partial fork](https://twitter.com/curvethots/status/1704496782732939292). - **Protectorate Protocol** intro’d [Zaar](https://mirror.xyz/protectoratexyz.eth/pN6IR4IfMR8J-oUSca7pAt1Zl-p3O4QyVSFeC9G9OrE), a liquidity layer for NFTs. - **Reservoir** intro’d [Memswap](https://twitter.com/ptrwtts/status/1704202560272306353), a new protocol for decentralized market orders. --- ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f38b7e369-da44-4e6f-bd64-95bfc6c3a6a7_1214x309.png) #### **🎆 Mint spotlight: **[**The Casino on Mars**](https://zora.co/collect/zora:0xbbb7643b7487de1fd5490148e94d4cb8496b447d) > [Matt Huang](https://twitter.com/matthuang/status/1704608186723119329), the co-founder of Paradigm, recently penned an insightful article titled "[The Casino on Mars](https://www.paradigm.xyz/2023/09/casino-on-mars)," which explores the crypto landscape as a new frontier akin to a planet being settled. The post was an instant hit and its featured artwork, created in collaboration with animator and storyboard artist [Myke Chilian](https://twitter.com/MykeChilian), has been minted as a commemorative NFT on Zora. The mint price is 0.02 ETH per, and proceeds from the mint go to Myke! ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2fbbffe022-3ddb-4b16-980b-df8ca5a0cd63_1132x640-png.jpg)*via [Zora](https://zora.co/collect/zora:0xbbb7643b7487de1fd5490148e94d4cb8496b447d)* --- ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2fe716223b-9a65-45a4-8144-a959a95084bc_1214x308.png) #### **🙇 New insightful reads to level up your web3 knowledge!** > 1. **Future Tape **on [onchain albums](https://twitter.com/future_tape/status/1704121282575622391?s=20) 💽2. **Holograph **on [real world assets](https://twitter.com/holographxyz/status/1703801072366841877) 🌐3. **Accelxr **on [onchain generative media](https://twitter.com/accelxr/status/1703807041519915274) 📝4. **Jin **on [dogfooding in the metaverse](https://mirror.xyz/m3org.eth/FbCN6301y2bWVLcropmmJ81FNNEt34Ke9BjN7TAmo-Y) ▶️5. **Jacob** on [the goodness of forks](https://jacob.energy/forks-are-good.html?s=35) 🍴6. **WASD **on [onchain emergence](https://wasd.mirror.xyz/yskyyQD0G0PLyj8qQSmnVckkOpl6borzdjnmM3XQLvk) 🎮 --- ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f76374627-51f6-47bc-ad95-008a45b3eef2_1214x309.png) #### **✨ My NFT tool of the week: **[**Rainbow Extension**](https://rainbow.me/download) > Rainbow’s one of the slickest wallets in crypto, so take note because the project [just released](https://twitter.com/rainbowdotme/status/1704900402427166858) its highly-anticipated browser extension. Available on Chrome, Brave, Edge, and Arc, it’s packed with features like the “Magic Menu” for on-the-fly commands and keyboard shortcuts. Whether you’re a veteran juggling multiple wallets or a rookie looking for an easy way to go onchain, the Rainbow Extension has you covered. ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f4f5e2482-fdcc-40c5-b76a-9b0973507ace_1114x623-png.jpg)*via [Rainbow](https://rainbow.me/download)* --- ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f6d0de089-f17e-49e9-85c5-d22a2ca09cb6_1216x308.png) #### **😜 Keep on keeping on, I see you fam…** ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2fd8a7dd5c-ff5d-41fc-9359-1f27fa924947_1200x900-jpeg.jpg)*via [MinisterOfNFTs](https://twitter.com/MinisterOfNFTs/status/1703430532413939905)*