DeFi Arts Intelligencer - July 4th, 2020
Welcome to the 24th 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
It’s official: artists on SuperRare have now collectively earned over $1 million 🎉
Programmable art platform Async Art is releasing a free smart TV app for displaying your favorite Async Art NFTs. This week also saw Fabin Rasheed’s generative and interactive Master work “Regalia” sell for 7.2 ETH on the platform.
On Nifty Gateway, Frenetik Void’s “Machinations” sold for $3,100 and Osinachi’s “The Creation of Steve” sold for $1,440.
The Cryptovoxels team is exploring “private spaces,” which would allow folks to try making builds for free. Additionally, you can now use ENS names in-world.
The Moonshot Crypto World Cup in Decentraland was a hit ⚽
One collector bought two mask-clad CryptoPunks, Punk 9625 and Punk 3383, for 10 ETH and 6 ETH respectively …
Dapper Labs, the creators of CryptoKitties and NBA Top Shot, gave Avastars a nice shout-out this week.
3D gold-staked NFT dapp Bullionix has integrated Chainlink's XAU/USD Price Reference Feed.
NFT investment firm Polyient Games will use the Chainlink VRF solution to ensure random distribution of NFT-based PGFK rewards. NFT minting platform Cargo announced it was embracing the VRF tool, too.
Polyient Games is kicking off its sale of PGFK tokens, which are capped at 20,000, on August 4th. The firm also unveiled the Polyient Games Marketplace, which will be a peer-to-peer NFT exchange and NFT auction house.
Virtual reality platform Somnium Space is making it easier than ever to world-hop among other VR projects like Cryptovoxels and Decentraland.
🕹️ Blockchain Games
For the second week in a row, fantasy ⚽ game Sorare has topped the NFT arena’s 7-day volume charts. The game brought in ~$350,000 in sales in June. Image below courtesy of NonFungible:
The minds at Axie Infinity are building Ronin, an application-specific Ethereum sidechain that will offer players of the game multiple user-friendly advancements.
Ethereum gaming world The Sandbox completed the final round of its MoonSale campaign.
♦️♦️ DeFi News
In a first, the total supply of the USDC stablecoin is now over 1 billion.
Meet Matcha, a new decentralized exchange aggregator from the 0x team.
Synthetix is now offering binary options.
Popular Ethereum wallet MetaMask has a big new update out.
Users can now draw out decentralized MakerDAO loans using KNC and ZRX as collateral.
Thanks to a governance vote, the Compound protocol is now basing COMP distributions on markets’ borrowing volume rather than interest rates.
“The first $100m in NFTs” - Andrew Steinwold
“Behind the Art with Josie - Jim, Founder of Avastars” - Josie Bellini
Thanks for reading, and stay creative on- and off-chain!
Keep an 👁️ out for the 25th 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 NFT pieces available for sale, too, or you can tip me at wmpeaster.eth. Thanks kindly!