# We’re So Back 🚀 *Author: William M. Peaster* *Published: Jun 23, 2023* *Source: https://www.bankless.com/de/wgmi* --- --- Dear Bankless Nation, Below, behold a [fini](https://fini.world/discover/1549) whose mood tracks the weekly price of ETH. Its exuberance is *also *tracking the moods of many in crypto this week. That’s because bullish chatter’s ramped up again with the BTC price and the ETH price having just ripped up 19% and 14% respectively on the 7D charts. [![](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-2f6cf072e4-6746-46ce-9014-ec532a15cf51_400x400.gif)](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-2f6cf072e4-6746-46ce-9014-ec532a15cf51_400x400-1.gif)*We’re so back*, at least for now. Yet while crypto may have finally bottomed, many NFT floors are lower than we’ve seen in a long time. If you’ve been meaning to make some buys, consider that NFTs might be on the verge of bottoming out, too. It’s a potential rotation moment, that’s all I’m saying. For now let’s dive into the weekly NFT roundup, thanks for reading everyone. Have a great weekend! ✌️ -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-2ffe1a247a-0348-4cec-89d8-96d361aa82f9_1215x308.png) ### **📊 The big picture** > Over the past week, the floor-based market cap of the NFT space shrunk from 7.81 million ETH to [7.62 million ETH](https://app.nftvaluations.com/) for a ~2.4% decline. The drop’s not surprising, seeing as how the ETH price’s up 14% over the same span. In other words, the majors — namely BTC and ETH — just dominated most of the cryptoeconomy’s buy action this week. ### **🔝 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-2f899ef781-97ad-4766-a0aa-6661a970cf2a_1486x824-png.jpg)*via [pro.opensea.io](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-2ff413da4d-aa47-4e85-b5f2-7a2be4c4bb71_1216x308-1.png) ### **📰 General news** - **0xngmi **disclosed a vulnerability in [Foundation’s collections smart contract](https://twitter.com/0xngmi/status/1671344096441499648). - **BND**, the German equivalent of the CIA, released its own [“Dogs of BND” NFT collection](https://opensea.io/collection/dogs-of-bnd) (*???*). - **flooredApe** unveiled a [new Ethscriptions tool](https://twitter.com/flooredApe/status/1671988428987310080). - **Mirror **launched [collectible embeds](https://twitter.com/viamirror/status/1671951635961053191). - **Zora **added support for [minting 3D files](https://twitter.com/ZORAEngineering/status/1671874553750908928). ### **🏆 Digital collectibles** - **CryptoPunks **are [being burned](https://twitter.com/punk9059/status/1671673924319576065) for entry to the [Ordinal Maxi Biz](https://twitter.com/OrdinalMaxiBiz) allowlist. - **Mooncat #1** just sold for [8 ETH](https://twitter.com/jakegallen_/status/1672303279307636737). - **Nike **teamed with Fortnite on [Airphoria](https://www.fortnite.com/news/experience-airphoria-in-fortnite-the-ultimate-sneakerhunt), a custom Fornite experience where players can unlock the [Air Max 1 '86 Back Bling](https://twitter.com/FortniteGame/status/1671190171268595712), a Polygon-based digital collectible. ### **🎨 Cryptoart & music** - **Figure **is launching the [Wrapped Reaper experiment](https://twitter.com/figure31_/status/1671970365919182848) on June 26th. - **Nouns DAO **launched Pt. 1 of [*The Rise of Blus: A Nouns Movie*](https://nouns.movie/) via Atrium. - **Sound** reached [730k mints](https://twitter.com/soundxyz_/status/1671913798893027331) on its “V Buterin” L2 open edition. ### **🎮 Decentralized gaming** - **Axie Infinity** kicked off the [Homeland Alpha Season 3](https://blog.axieinfinity.com/p/homeland-season-3). - **Gods Unchained **is now [live in the Epic Games store](https://www.theblock.co/post/235894/web3-game-gods-unchained-joins-fortnite-league-of-legends-on-epic-games-store). - **HV-MTL Forge **Season 1 begins [June 29th](https://twitter.com/BoredApeYC/status/1671251808965242880). - **Parallel **is launching the public mint phase of its [Parallel Avatar collection](https://twitter.com/ParallelTCG/status/1671615316546277376) via OpenSea next month. - **Parallel Colony**, a new AI-based game in the Parallel universe, [held its 1st playtest](https://twitter.com/ParallelTCG/status/1671237427417980931). ### **🌐 Virtual worlds** - **Decentraland **kicked off its [Game Jam ‘23 event](https://decentraland.org/blog/announcements/decentraland-game-jam-23-bring-your-dreams-to-life)** **and is prepping for the [start of Metaverse Pride](https://decentraland.org/blog/announcements/the-ultimate-guide-to-metaverse-pride-2023) on June 27th. ### **🪙 NFTfi** - **Astaria **paused as the result of a [vulnerability discovery](https://twitter.com/AstariaXYZ/status/1671215491069927429) and has opened up [an NFT claiming period](https://twitter.com/AstariaXYZ/status/1671923420437659653?s=20). - **Zharta**, a new NFT lending protocol, has reached [$1M in total loan volume](https://twitter.com/ZhartaFinance/status/1671231442326528000). --- ![](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-2f7bf996a0-62b6-45ef-ab1b-94f27572c179_1214x309.png) #### **🎆 Mint spotlight: **[**ENERGY**](https://zora.co/collect/zora:0x6c00cf938446c553a581f913fb0ad17a613157f9/1)** + **[**Optimistic Zorb**](https://zora.co/collect/oeth:0x544c2bd4a3ce5015036eb95ce3ba9626d25ad8c8/1) > Zora launched its L2, Zora Network, this week. If you haven’t tried it yet, [refresh with my new guide](https://bankless.ghost.io/zora-l2/) on how to bridge ETH over for gas, at which point you’ll be ready to start creating and collecting. Then consider kicking off your Zora Network journey by grabbing the commemorative free mint open editions Zora and Optimism are running right now, “ENERGY” and “Optimistic Zorb” respectively. Welcome to the new onchain frontier for culture, anon. ![](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-2fecd4429a-9cf9-4026-aa77-54a95a75b2a1_1600x1280-png.jpg) --- ![](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-2f47eb5e0c-8fd2-4702-bdb3-27ab623eb877_1214x308.png) #### **🙇 New insightful threads to level up your web3 knowledge!** > 1. **dr3a.eth **on how to create a [decentralized LinkTree via ENS](https://twitter.com/dr3a_eth/status/1671252715790532609) 💻 2. **onion **on [onchain SVGs](https://twitter.com/onnnnnnnion/status/1671310398170206208) and [the CryptoPunks code](https://twitter.com/onnnnnnnion/status/1672012155154231302) ⛓️ 3. **John Rising **on [web3 games + account abstraction](https://twitter.com/johnrising_/status/1671778821178114049) 🎮 --- ![](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-2fff7da6f7-f926-4260-b245-dee0d62991fc_1214x309.png) #### **✨ My NFT tool of the week: **[**Party**](https://www.party.app/) > *It’s not a multisig. It’s not a DAO. It’s a Party*. PartyDAO [just unveiled Party](https://party.mirror.xyz/R3AK6bAFp2xuFw44_Dr1MPoLmQfHomGY4zHmBgSWdqM), the new multiplayer app for all things Ethereum. Whether your squad is 3 strong or 3,000 strong, whether you want to team up in DeFi, NFTs, virtual worlds, or all of the above and beyond, [party.app](https://www.party.app/) can be your onchain coordination hub. Memberships are managed via dynamic Party Card NFTs, and voting delegation allows for streamlined governance. Onchain multiplayer’s never been this easy, keep this on your radar! ![](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-2f49255768-e2f5-43b5-a09f-e0d6afcc6b4a_1521x830-png.jpg) --- ![](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-2f03278db8-1582-41bc-87e9-ae13e021988a_1216x308.png) #### **😜 Tfw crypto’s vibes rapidly swing back and forth between very bearish and very bullish…** ![](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-2f4004ff94-b986-40d5-b961-dcb1aa1ef3e8_1250x719-jpeg.jpg)