NFTs

Non-fungible trendsetters

Budweiser nabs a Noun, OpenSea acquires Dharma, Gem launches, & more!
William M. Peaster William M. Peaster Jan 21, 20222 min read
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Non-fungible trendsetters

Dear Bankless Nation,

Twitter. Meta and Instagram. Walmart. The world’s biggest brands are starting to move into NFTs in big ways.

These sorts of major pivots are inevitable as NFTs continue to make serious inroads into the mainstream.

Yet at the same time, let’s never ever forget how we got here. And that’s by innovating for ourselves grassroots style with DIY decentralized infrastructure. Infra that for many has provided direct avenues of escape from the various suffocations of corporate hegemonies.

So yeah, us NFTers are cultural trendsetters, and the rest of the world’s just now catching up. We’re not crusading to make everyone use NFTs; rather, in the not so distant future it’ll just be silly not to.

-WMP


🛒 NFT News & Platforms

🏆 Digital Collectibles

🎨 Cryptoart

  • Sarah Zucker released the Promethea collection on Nifty Gateway.
  • Circular Art, a generative art platform on the Optimism L2, launched the Octavas collection.

🎮 NFT Games

💽 Music

  • Layer Zero: this week Bankless co-host David Hoffman interviewed Jonathan Mann, a.k.a. Song-A-Day-Man.
  • sound.xyz: the platform’s first 25 releases have all sold out within one minute flat!

🌐 Virtual Worlds

💎 DeFi x NFTs

  • Abracadabra.money introduces NFT peer-to-peer loan service.
  • Gem, a super efficient NFT marketplace aggregator, is now live.
  • NFTX launches inventory staking! Now you can earn yields on the platform while avoiding the risk of impermanent loss (IL).
  • Vesper Earn: a new Vesper opp will let you earn yield on your DAI in the form of NFTX PUNK tokens.

Action steps

In this article

Zora Zora

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William M. Peaster

Written by William M. Peaster

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William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he writes the Metaversal newsletter on the onchain frontier, covering everything from AI projects to crypto games, as the team’s lead NFT analyst. With a background in creative writing, he writes fiction and publishes art on Ethereum in his free time. He lives in Washington.

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