# NFT governance experiments 🧪 *Author: William M. Peaster* *Published: Aug 26, 2022* *Source: https://www.bankless.com/de/nft-governance-experiments-* --- Dear Bankless Nation, Last weekend, the **BLVKHVND** esports DAO won a world championship event, becoming the first decentralized organization to achieve a world title! > [](https://twitter.com/BLVKHVND/status/1561485045671550978) The win was amazing, and it’s also among a spate of interesting advances that are coming to the fore around the crossroads of decentralized governance and NFTs right now. Some other things I’m watching excitedly include: - 😜 **jokedao** innovating a new [community-driven NFT governance system](https://twitter.com/_PorterSmith/status/1555206625698451457). - 💡 **Lil Nouns DAO** pioneering an [idea board system](https://twitter.com/Flynnjamm/status/1561744967315382272) that’s poised to become adopted by DAOs far and wide. - 🍴 **Nouns Builder** nearing, so soon projects can easily [customize their own Nouns DAO forks](https://twitter.com/nounsbuilder/status/1552033594163564546). - 🧃 **Juicebox** now being able to field NFT mint proceeds directly from Zora sales [into a decentralized treasury](https://twitter.com/0xSTVG/status/1553024914998693888). Pay attention to these types of frontier NFT-adjacent governance experiments, because they’re paving important new pathways for the decentralized social happenings of tomorrow. In the meantime, thanks for reading and have a great weekend ✌️ -WMP --- ## 📣 General NFT News - **eth.link **is [down](https://twitter.com/ENS_DAO/status/1562998396968873984). - **nameless **introduced [StealthTest](https://twitter.com/j1mmyeth/status/1562069334238928896), a private cloud-based testnet for QA testing NFT projects. - **Nouns DAO **started the [ninth round](https://twitter.com/nounsprophouse/status/1562606690238746624) of its Launchpad program for Nounish builders. - **Paradigm **researchers unveiled [Variable Rate Gradual Dutch Auctions](https://www.paradigm.xyz/2022/08/vrgda) (VRGDAs), a new token issuance mechanism built for [Art Gobblers](https://artgobblers.com/about) that lets projects release NFTs flexibly along a custom schedule. ## 🏆 Digital Collectibles - **Pudgy Penguin #6873**, the rarest NFT in the collection, resold for 400 ETH: > [](https://twitter.com/notEezzy/status/1561772465302507523) - **0xngmi **released [Tubbysea](https://twitter.com/0xngmi/status/1563216243082940417), a friendly experimental borrowing protocol for tubby cats holders. - **Yuga Labs **said it will [only recognize the PoS Ethereum chain](https://twitter.com/yugalabs/status/1560035176562016262) post-Merge. ## 🎨 Cryptoart - **Chromie Squiggle #7046**, a [rare HyperRainbow](https://twitter.com/squiggleDAO/status/1500788497803714566),** **was acquired by Kevin Rose for 150 ETH: > [](https://twitter.com/absquigglebot/status/1561818203709472770) - **Proof of Beauty **is holding a free mint of [generative on-chain pixel art](https://twitter.com/prrfbeauty/status/1562097918533943297) next week in honor of Ethereum’s upcoming Merge upgrade. - ***Don’t Panic***** **by XCOPY resold for 500 ETH on SuperRare: > [](https://twitter.com/SuperRareBot/status/1562067608224120832) ## 🎮 Decentralized Gaming - **BLVKHVND** became the first esports DAO to win a world title by topping the first-ever Pokémon UNITE Championship event. Bravo, and godspeed! > [](https://twitter.com/UniteEsports/status/1561045888272896004) - **Axie Infinity **released its latest [balancing patch](https://axie.substack.com/p/origin-s0-update-balancing-updates). - **Aavegotchi** announced **[FAKE Gotchis](https://blog.aavegotchi.com/introducing-fake-gotchis-a-frenly-art-karmic-experiment/)**, a community-driven art collection. - **TreasureDAO **kicked off Bridgeworld Games by [rolling out Harvesters](https://twitter.com/playbridgeworld/status/1561837639283589120), which are a new tool for farming MAGIC. ## 💽 Music NFTs - **Coopahtroopa **published [This Week in Music NFTs - August 22nd](https://thisweekinmusicnfts.substack.com/p/this-week-in-music-nfts-august-22). ## 🌐 Virtual Worlds - **Chain Runners **released [interoperable metaverse avatars](https://twitter.com/chain_runners/status/1562886024836960258), which Nifty Island has [already integrated](https://twitter.com/Nifty_Island/status/1563211510583001088). - **Decentraland **kicked off its [Metaverse Art Week](https://twitter.com/decentraland/status/1562143276190384129) festivities. - **MOCA** launched its first Webaverse world: > [](https://twitter.com/MuseumofCrypto/status/1563180082201767940) - **Voxels **listed [new Chronos parcels](https://twitter.com/cryptovoxels). ## 💎 DeFi x NFTs - **Gem **integrated sudoswap listings: > [](https://twitter.com/GiancarloChaux/status/1562959306688847873) - **Hook**, a new NFT call options protocol, [launched on Ethereum](https://twitter.com/HookProtocol/status/1562863415449661441). - **squiggleDAO** is now the [largest liquidity provider of Chromie Squiggles](https://twitter.com/squiggleDAO/status/1562495975402328064) on the peer-to-peer NFTfi lending platform. - **SudoRare**, a low-effort fork combo of LooksRare and sudoswap, [rug pulled](https://www.theblock.co/post/164970/nft-exchange-sudorare-suffers-800000-rug-pull-six-hours-after-launch) within hours of launching. - **Uniswap **is in talks with [seven NFT lending protocols](https://twitter.com/Scott_eth/status/1562075758885244928) in an effort to unify liquidity in the NFTfi sector. - **UNI holders **approved the creation of the [Uniswap Foundation](https://app.uniswap.org/#/vote/2/24?chain=mainnet). --- ### **Action steps** - 📸 Watch the new **[Magic Eden Deep Dive](https://youtu.be/SWrVed_jM28)** episode on *Overpriced JPEGs* - 🌳 Watch the latest **[GovernorDAO](https://youtu.be/cR_9UpVagZ0)** and **[Humanode](https://youtu.be/mYK48FNljVA)** episodes on *Green Pill* - 🧐 Catch up on my other write-ups from this week:  **[Hook NFT options](https://bankless.ghost.io/hook-nft-options-)** - **[The BendDAO bank run](https://bankless.ghost.io/the-benddao-bank-run-)** - **[How to get liquidity on your NFTs](https://bankless.ghost.io/sudoswap-nftx-nft-liquidity/)**