Welcome to the 27th issue of the DeFi Arts Intelligencer, your weekly source for key happenings around Ethereum art, collectibles, and games. Subscribe here.
For this dispatch:
🎨 Digital Art & Collectibles
Artist Pak crossed SuperRare’s all-time sales record when they sold “Alpha” to the Museum of Crypto Art (M○C△) for 55.555 ETH. M○C△ also bought Pak’s “Red” for just over 29 ETH this week, as well as the “Base” layer of Pak’s “The Tribe” on Async Art for 97 ETH …
Via Nifty Gateway, Artist Trevor Jones sold “Picasso’s Bull” to M○C△ for $55,555.55. Bravo! Some of the piece’s bids came in at +100 ETH 🥂 Nifty Gateway also just launched a public beta for its new display app.
Collector Billy Whistler set a new asking price of 1144.33 ETH (~$350,000) for Jason Bailey’s “SamoGAN #1.” The SamoGAN series, of which there are 30 pieces, was created by Bailey with a GAN “trained on paintings and drawings by Jean Michel Basquiat with some influence from a model trained on the Simpsons” …
At the time of writing, the highest bid on José Delbo’s “The Last Son of Krypton Fights for Humankind” on MakersPlace was 24 ETH.
Avastars announced the Avastars CORE (Community-Optimized Resources for Enterprisers) Program, which is aimed at providing grants and support to 3rd-party devs building with Avastars.
Welcome Caroline Dy, the lead technical artist at Altitude Games, to the cryptoart scene …
Art platform Rarible started distributing its $RARI governance token on July 19th.
According to NonFungible, the top 3 NFT projects volume-wise on the week were SuperRare ($130k), Sorare, ($129k), and Rarible ($105k).
The Aavegotchi project released its 2nd community update.
The Metalympics are coming …
🕹️ Blockchain Games
Ethereum trading card game Gods Unchained has rolled out 3D Mesh Cards.
Ethereum gaming platform The Sandbox is hosting its 4th LAND presale on August 4th.
♦️♦️ DeFi News
ETH is over $300!
Ethereum now settles more value per day than Bitcoin.
0.1% of the entire bitcoin supply is now circulating atop Ethereum thanks to tokenized bitcoin projects like WBTC and renBTC. When 1%?
Aave temporarily passed Compound to claim the #2 spot on DeFi Pulse’s total value locked (TVL) leaderboard.
yearn.finance, which is now controlled by a 9-key multisig, sent the DeFi arena bonkers this week courtesy of YFI farming.
Per DeFi Pulse, the TVL in DeFi just reached the 4 million ETH mark for the first time ever …
Grammy-winning recording artist RAC is hooked on DeFi!
Meet Reality Cards: the world’s first NFT-based predictions marketplace!
“Crypto Will Change Value, NFTs Will Change Society” - Andrew Steinwold
“A Month of Rare Digital Art from MakersPlace” - Hamish Barnes / OpenSea
Thanks for reading, and stay creative on- and off-chain!
Keep an 👁️ out for the 28th 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.
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 NFTs open for offers, too, or you can tip me at wmpeaster.eth. Thanks kindly!