# NFTs are what we make them

*Author: William M. Peaster*
*Published: Jan 14, 2022*
*Source: https://www.bankless.com/de/nfts-are-what-we-make-them*

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Dear Bankless Nation,

There’s a debate ongoing in the mainstream right now as to whether or not NFTs can constitute art.

**Of course they can**. NFTs are simply a medium, like marble or canvas can be. Sure, they’re a novel programmable medium born of and for the 21st-century, but they’re still just a medium, and one that many artists have already embraced.

So yes, NFTs can be art. [They can be many things](https://twitter.com/lililashka/status/1481639448425074694?t=uQ0iNygL4sZPzTsbfviomw&s=09) and do many new things.

*This* is why artists and people from so many other walks of life are embracing NFTs. It’s a technology and ecosystem around which *all *the various fields of human activity can be explored toward unprecedented ends!

-WMP

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## 🛒 NFT News & Platforms
- **LooksRare**, an upstart OpenSea competitor, [launched](https://twitter.com/LooksRareNFT/status/1480462184295858180). Use at your own risk: the project’s unaudited and its GitHub repo’s private at the time of this newsletter’s writing.
- **OpenSea** remains king: over [1M users](https://twitter.com/richardchen39/status/1482017576813219843?t=LzokbSGCnANxfLUk_q_sdQ&s=09) have now made an NFT transaction using the platform.
- **Ghozali Ghozalu** entered NFT stardom after selling out [+900 charming selfies](https://www.theblockcrypto.com/linked/130057/man-sells-933-selfies-as-nfts-for-3-each-and-the-collections-now-worth-millions?utm_source=twitter&utm_medium=social) on OpenSea.
- **Ethereum creators** are estimated to have earned over [$3.5B collectively in 2021](https://twitter.com/0xstark/status/1479478884072505346?t=Ezb-LCEpPSAp1hNtc9X1Iw&s=09), and that’s without counting the gaming NFTs sector!
- **Etherscan** unveiled an [NFT Tracker](https://twitter.com/etherscan/status/1477986601976283141?t=YQB2r9FnHnN4guFt2taiQw&s=19) tool.

## 🏆 Digital Collectibles
- **Nouns DAO** is preparing to [trade one Noun NFT](https://nouns.wtf/vote/33) in exchange for a “prominent beverage company [including] Noun glasses in a 2022 Super Bowl commercial” and more.

> [](https://twitter.com/punk4156/status/1480954320904495104)

- **MoonCats** are now [totally on-chain](https://twitter.com/ponderware/status/1482016626388226056?t=EWnM4u2b5HtXDCil8nPTDg&s=09).
- **Josie** announced that her CyberBrokers project will [launch on Feb. 22nd](https://twitter.com/josiebellini/status/1481998224122646537).

## 🎨 Cryptoart
- **Wikipedia editors** have declined to [categorize NFTs as art](https://twitter.com/artnet/status/1482025719265959936?t=ytmlbY5eviIfeixFzbtjZw&s=09) for now. *How absurd*.
- **SuperRare** collectors and minters from pre-2020 are eligible for a new POAP by renowned cryptoartist XCOPY.

> [](https://twitter.com/SuperRare/status/1480586550601826305)

- **Non Fungible Poems**: this week I curated an exhibition for NFT curation platform JPG to [highlight literary NFTs](https://jpg.space/0x08ceb8bba685ee708c9c4c65576837cbe19b9dea/Non-Fungible-Poems) and how they’re on the rise and here to stay.

## 🎮 NFT Games
- **Axie Infinity’s** Ronin sidechain has quickly become a force to be reckoned with:

> [](https://twitter.com/Ronin_network/status/1482058049686851589)

- **Chainfaces Arena**, created by longtime NFT veteran Nate Alex, now has less than [2,500 warriors](https://chainfacesarena.com/#/arena) left standing.
- **Coinbase** becomes the latest [Sponsor-A-Scholar partner](https://twitter.com/YieldGuild/status/1481034284119236609?t=5Wxvs5cEPBAm8U-3K5eDOg&s=09) of Yield Guild Games.

## 💽 Music
- **Aluna **is releasing *Forget About Me* today on [sound.xyz](https://www.sound.xyz/aluna/forget-about-me).

## 🌐 Virtual Worlds
- **Cryptovoxels **activated the [Flora district](https://twitter.com/cryptovoxels/status/1481870074328027136?t=cnHlAPdErbO640XJE4hTPQ&s=19).
- **Atlantis World **is building a [metaversal clubhouse](https://twitter.com/atlantis0x/status/1481732104945815554) for the Forgotten Runes Wizard’s Cult.
- **The Sandbox** is [airdropping $SAND](https://twitter.com/TheSandboxGame/status/1481993253289345025) to LAND holders.

## 💎 DeFi x NFTs
- **TreasureDAO**: check out this [TheTie research write-up](https://research.thetie.io/do-you-believe-in-magic/), which is the best primer I’ve seen yet on $MAGIC and the Treasure NFT marketplace on Arbitrum.
- **ParagonsDAO**, a project centered around sci-fi card game Parallel, unveiled the details of its [PDT token](https://medium.com/@ParagonsDAO/paragonsdao-token-pdt-participate-in-our-fair-launch-on-january-14-5f0d3b524c61) launch.
- **NFTfi** has now facilitated over [3,000](https://twitter.com/NFTfi/status/1481308087873114117?t=QTr9b6FW0_rmZtl62t3T0A&s=09) loans.
- **Glass Protocol** unveils an [automated market](https://twitter.com/GlassProtocol/status/1480602047980335104) for NFTs.
- **Flip**, an NFT marketplace co-founded by LedgerStatus, just [raised $6.5M](https://www.theblockcrypto.com/post/129748/nft-aggregator-flip-raises-6-5-million-in-seed-funding?s=09).

---

### **Action steps**
- **What’d I miss this week in NFT world? Let me know in the comments below!**
- Read [NFTs as dephysicalized merch](https://bankless.ghost.io/nfts-as-dephysicalized-merch) by Metaversal
- Read [What is the ideal NFT marketplace](https://bankless.ghost.io/what-is-the-ideal-nft-marketplace) by Metaversal
- Read [How to use StarkWare Layer 2s](https://bankless.ghost.io/how-to-use-zksync/) by Bankless
- Watch [NFTs’ Next Big Unlock | GET Protocol](https://jpegs.banklesshq.com/p/-9-nfts-next-big-unlock-overpriced) by Overpriced JPEGs