DeFi Arts Intelligencer - August 29th, 2020

Welcome to the 32nd issue of the DeFi Arts Intelligencer, your weekly source for key happenings around Ethereum art, collectibles, games, finance, and more. Subscribe here.

๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ


For this dispatch:

๐ŸŽจ Digital Art & Collectibles

  • The i4 DAO, a new collective of artists curating beautiful NFT art, is kicking off โ€œStart with the Artโ€ talks on Tuesday, September 1st at 19:00 UTC. Artists Matt Kane and Sparrow will be discussing four of the inaugural pieces of the i4 collection.

  • The Pranksyland Grand Opening kicked off this week in Cryptovoxels, and it was epic event of unprecedented proportions. 20 artists created stunning builds packed with signature NFTs, i.e. virtual โ€œtime capsule art piecesโ€ as artist Coldie aptly put it โ€ฆ

  • On art marketplace SuperRare, artists and collectors have now collectively earned +$2 million.

  • New works from artist Josie Bellini fetched 85 ETH in volume this week. Josie was the star of the show for Nifty Gatewayโ€™s recent Drop 18.

  • Innovation, all the time: artist Terrence Moreau introduced Print Ticket NFTs, which can be redeemed for a physical print of the current state of his Async Art debut comic, โ€œPhase Space #1: Spiral Riders.โ€

  • Generative art and avatar project Avastars launched a Scroll to Earn system, where users can consign great Avastars to a Global Feed and earn an ETH finderโ€™s fee when other collectors buy them.

  • NFT collateralized loans project NFTfi crossed the 400 ETH milestone in outstanding collateralized loans.

  • The WIP Meetup project released a native token, WIPCoin. These tokens are earned for attending WIPs in Cryptovoxels and can be redeemed for perks like wearables and beyond.

  • Metacartel Ventures, the venture arm of the MetaCartel DAO, commissioned artwork โ€œSum of Partsโ€ by artist Thato via SuperRare.

  • โ€œA Heroโ€™s Purpose,โ€ a collaboration between renowned comic illustrator Jose Delbo and cryptoartist PR1MAL CYPHER, sold for 11 ETH on MakersPlace.

  • Virtual world Decentraland just hosted the World Stablecoin Summit for โ€œleading stablecoin projects, investors & advocates to connect.โ€

  • NFT marketplace OpenSea saw its largest secondary sale yet this week when the โ€œsex.cryptoโ€ Unstoppable Domains name sold for 230 ETH (~$90,000).

๐Ÿ•น๏ธ Blockchain Games

  • Fantasy โšฝ game Sorare topped volume in the NFT economy this week, bringing in +497 ETH in sales over the last 7 days.

  • Ethereum trading card game Gods Unchained is holding a โ€œGods Unchained DeFi Challengeโ€ contest, in which users can win ETH and NFT prizes for proposing interesting GU-centric DeFi-NFT melds. I submitted a proposal dubbed WARCHEST, an NFT yield farming system that would involve staking ERC-20 Chests in ERC-721 Boards.

  • Donโ€™t sleep on Axie Infinityโ€™s Mystic Axies: two mystics sold this week for 60 and 90 ETH respectively.

โ™ฆ๏ธโ™ฆ๏ธ DeFi News

  • The USDC stablecoinโ€™s V2 system has arrived. The upgrade allows for gasless sends, which allows developers to abstract ETH gas fees away from users.

  • Uniswap Token Lists are now live. The system makes it easy to filter tokens through curated community lists, e.g. social money lists.

  • Lending protocol Aave became the largest DeFi app.

  • Proposals to help fund Gitcoin Grants via protocol earnings from Yam Finance and yEarn gained steam this week. Look for this to become a new trend around DeFi, which is great news because Gitcoin Grants democratically fund a range of Ethereum public goods ๐Ÿฅ‚

๐Ÿ“ฐFresh Content

๐Ÿ–Œ๏ธExtra, Extra

Thanks for reading, and stay creative on- and off-chain!

Keep an ๐Ÿ‘๏ธ out for the 33rd issue of the DeFi Arts Intelligencer this time next week, too. Cheers โœŒ๏ธ

๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ๐Ÿ”ท๐Ÿ”ถ


About DeFi Arts Intelligencer

The DeFi Arts Intelligencer is curated by me, William M. Peaster, a professional writer and editor whoโ€™s been tracking the Ethereum and DeFi beats in recent years.

Iโ€™m passionate about art and a DeFi/NFT 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. Iโ€™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 wmpeaster@gmail.com or on Telegram at @wmpeaster.

If you enjoy this newsletter and want to support it, feel free to subscribe or have a like-minded friend subscribe as well. I have collected NFTs open for offers, too, as well as my own art NFTs available on OpenSea. Tips also accepted at wmpeaster.eth. Thanks kindly!