DeFi Arts Intelligencer - July 25th, 2020
Welcome to the 27th issue of the DeFi Arts Intelligencer, your weekly source for key happenings around Ethereum art, collectibles, and games. Subscribe here.
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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” …
Artist duo Hackatao sold “Podmork HOD VR1” for 8 ETH on SuperRare. In collaboration with Lilsiri.eth and ETHGANG Records, Hackatao also released “WAR’S SONG - Volume 2” on KnownOrigin.
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 …
Made my first NFT (I think :P) My understanding of blockchain is still limited but I was curious about it's application on digital art. app.rarible.com/token/0x60f801… #Rarible #Ethereum #ERC721 #Collectible #NFT via @rariblecom
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).
Andrei Taraschuk, one of the minds behind Twitter’s famous #artbots, has applied as an artist to KnownOrigin.
The Aavegotchi project released its 2nd community update.
The Metalympics are coming …
🕹️ Blockchain Games
Dissolution, a game built using Unreal Engine 4 and Ethereum, is selling limited-edition space ships on August 1st.
Axie Infinity is seeing the number of Axie holders go parabolic. Additionally, the project just launched its Golden Season, which will allow players to win asset-backed digital gold tokens.
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%?
Uniswap has been facilitating extremely impressive volume lately. In fact, DEX volume in general has been 🔥 recently.
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!
📰Fresh Content
“Why Blockchain-Based Virtual Worlds Will Accrue The Greatest Aggregate Value Within The NFT Space” - Andrew Steinwold
“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 ✌️
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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 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 NFTs open for offers, too, or you can tip me at wmpeaster.eth. Thanks kindly!