Welcome to the 14th issue of the DeFi Arts Intelligencer, your weekly source for key happenings around blockchain art, collectibles, and games. Subscribe here.
For this dispatch:
🎨 Digital Art & Collectibles
NFT marketplace Nifty Gateway held its first 2 auctions this week. Raúl Cordero’s “It Makes Us Stronger” and Coldie’s “Julian Assange - Decentral Eyes (Gold Edition)” sold for $3,010 and $4,100 respectively.
Artist XCOPY created new pieces through Pixelchain that are available for sale on the OpenSea marketplace.
The DCL-Core group held a “Metaverse Fashion Show” in virtual world Decentraland on April 18th. The competition’s judges included NFT artist Josie Bellini, NFT analyst Andrew Steinwold, NFT collector WhaleShark, Axie Infinity team Axiegg, and Decentraland art director Martin Shibuya.
Art platform SuperRare is holding a “Stimulus Package Auction” around NFT artworks to help support SuperRare artists amid the ongoing global economic downturn.
Rocket DAO launched its first loan backed by ENS domain names.
Artist Matt Kane published “Architects of the Future” on SuperRare.
The first edition of the First Edition NFT-focused newsletter arrived. Check it out!
The Meta Factory project unveiled its first bomber jacket auction.
BlockCities launched its Brooklyn Collection offering …
🕹️ Blockchain Games
Season 4 of the Axie Infinity Community Alpha begins on April 20th. Moreover, Axie traders are collectively close to having traded more than $1 million worth of adorable Axie monsters to date. ETH is money!
Gods Unchained, a digital trading card game on Ethereum, just released the second post in the project’s new “Play-to-Earn” Q&A series. This week, the GU team profiled the player GGian.
Dapper Labs, the team behind the CryptoKitties game, is collaborating with Facebook’s Libra project to make Dapper’s Flow programming language and Libra’s Move language interoperable.
♦️♦️ DeFi News
Stablecoins on Ethereum reached a collective market cap of $8 billion in Q1 2020, a new all-time high for the stablecoin sector …
Will Ethereum become the cryptoeconomy’s preferred transaction layer soon? Possibly, especially as the value of Ethereum’s daily on-chain transfers just matched Bitcoin’s for the first time ever.
Popular lending dapp Compound launched its COMP governance token.
Ethereum project Gnosis just rolled out the Gnosis Protocol, a decentralized exchange (DEX) protocol that scores high on liquidity
Overstock.com subsidiary tZERO is working to tokenize $300 million worth of real estate atop the Tezos smart contract platform.
Atomic Loans introduced its decentralized protocol, which allows users to collateralize bitcoin against automated stablecoin loans atop Ethereum.
Meet reflex-bonds: a Metacoin-backed effort that is seeking to bring about stablecoin-like low-volatility assets that aren’t pegged to a precise valuation, eg. $1 USD.
The Uniswap liquidity pool of the bitcoin-pegged imBTC token was drained to the tune of $300,000. An attacker exploited a so-called “re-entrancy” attack vector against imBTC’s ERC777 token design. Don’t throw the baby out with the bathwater, though: ERC777 tokens remain extremely promising.
“NFT Proof-of-Work - April 2020” - Andrew Steinwold
“Translating the Art of Hackatao with Eleonora Brizi” - matthew.cent.eth
“Rather than Banning Stablecoins, Bankers Should Worry About Strengthening Their Own Currencies” - Camila Russo, The Defiant
“Life in Quarantine #8: Day Five - Staying Healthy” - WhaleShark
“Upload to IPFS Directly from the ENS Manager with New Tool from Temporal Cloud” - Brantly Millegan
This week, I bought “Immolation” on SuperRare for 1 ETH from artist Bryan Brinkman. I just found Brinkman’s work, but I feel like I’m already a fan for life. It’s a real treat to be a collector of his stuff this early on. He’s very talented, and I’m excited to track him on a personal level going forward …
Thanks for reading, and stay creative on- and off-chain!
Keep an 👁️ out for the 15th issue of the DeFi Arts Intelligencer this time next week, too. Cheers ✌️
About DeFi Arts Intelligencer
The DeFi Arts Intelligencer is curated by me, William M. Peaster, a professional writer and editor who’s been tracking the Ethereum and Dai beats in recent years.
I’m passionate about art and a DeFi optimist, so putting together this newsletter is both fun and informative for me. I hope others may find the content helpful, too. But be mindful, the information herein should not be construed as investment advice. I’m not a financial adviser, and these are my opinions. Always take care to seriously consider the various layers of risk you face in participating in the still-maturing cryptoeconomy.
If you have a DeFi tip or lead, questions or comments, or would be interested in commissioning me for a writing gig, you can ping me at email@example.com or on Telegram at @wmpeaster.