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Your NFT edge

Coinbase NFT opens, Yuga Labs looks beyond Ethereum, Azuki BEANS, and more!
William M. Peaster William M. Peaster May 6, 20222 min read
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Your NFT edge

Dear Bankless Nation,

Your NFT edge is doing your homework.

What I mean is that earlier this week traditional news outlets reported the NFT market was collapsing thanks to very incomplete data from a single NFT analytics service.

Turns out if you check the chain, it’s clear the NFT market is teeming lately and even setting new activity records here and there.

So no, the NFT collapse isn’t upon us. But the inertia from the initial reporting is still spreading out through meatspace and many people won’t see the story has already been debunked.

That’s your edge, then. While many people in the mainstream are still writing off NFTs because they don’t understand them or know how to, you’ve a head start because you do understand the basics. You’ve searched Dune Analytics before. You know how to dig in, as it were.

There are many arbitrages and opportunities to be made in that gap between us and the mainstream. The gap is closing by the day as NFTs continue to take over the world, so keep doing your homework here and making the most of it while you can. In the meantime, have a great weekend ✌️

-WMP


🛒 NFT News & Platforms

🏆 Digital Collectibles

  • Azuki kicked off the BEANZ reveal:

🎨 NFT art

  • Fingerprints, a blockchain art collector group, just celebrated its 1st birthday and interviewed OG blockchain artist and NFTer Rhea Myers.
  • Sofia Crespo released Chimerical Stories on BrainDrops:
  • 0xphiiil released Zupermat on Art Blocks earlier today:

🎮 NFT Gaming

💽 Music

🌐 Virtual Worlds

💎 DeFi x NFTs


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William M. Peaster

Written by William M. Peaster

635 Articles View all      

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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