DeFi Arts Intelligencer - May 16th, 2020
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Welcome to the 18th issue of the DeFi Arts Intelligencer, your weekly source for key happenings around blockchain art, collectibles, and games. Subscribe here.
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For this dispatch:
🎨 Digital Art & Collectibles
Big CryptoPunks trades this week: Punk 4513 sold for 60 ETH, Punk 2964 sold for 15.5 ETH, and Punk 344 sold for 15 ETH.
Collector Moderats purchased Hackatao’s “I’ve got the power” on SuperRare’s secondary market for 45 ETH 🥂
XCOPY has a new piece, “Back to School,” out. The artist’s other new piece, “N,” sold for 5.5 ETH earlier this week.
Avastars Series 1 sold out, and Series 2 is coming soon …
Collector WhaleShark’s social currency $WHALE goes live on May 18th. Also, the specialists at NonFungible.com just completed their audit of the ~3,000 NFT assets in WhaleShark’s “Vault.”
Artist Momo Wang’s 1-of-1, CryptoKitties-inspired “Koshkat” NFT sold for $10,500 on Nifty Gateway. The 100 editions of Wang’s “Catterina” sold out in 3 minutes as well.
Art platform Known Origin added its latest wave of artists.
Today MakersPlace held a virtual showing, “The Prelude,” in Cryptovoxels for this year’s jam-packed Virtual Rare Art Festival, which ran from May 14th to May 17th.
Decentralized fashion label MetaFactory launched a series of custom facemasks designed by cryptoartists. For every mask sold, another will be donated to the Mask Match organization.
🕹️ Blockchain Games
The Gods Unchained team introduced some major changes to the game’s “Ranked Weekends” format. Read all about them here.
Season 5 of Axie Infinity began, and the project also unveiled the first phase of the Mavis Hub launcher, a consolidated suite for app updates, news, and more. Moreover, Land in the game’s Quadrant 1 sold out this week.
DeFi lending giant MakerDAO partnered with Decentral Games, which will now support Maker’s Dai stablecoin in its gaming ecosystem.
♦️♦️ DeFi News
2020, Year of the Stablecoin: the total market cap of stablecoins is now over $10 billion, an unprecedented milestone.
Financial services powerhouse Visa filed a patent application for a digital fiat currency that could have an embodiment on Ethereum.
Rising crypto derivatives platform ErisX launched the first CFTC-regulated ETH futures products.
Top 20 website Reddit rolled out a beta Community Points system in two subreddits, r/Cryptocurrency and r/FortNiteBR, that relies on Ethereum tokens.
DeFi on-chain liquidity aggregator Kyber Network crossed its first $1 billion in trades.
Ethereum privacy tool Tornado Cash completed its Trusted Setup Ceremony. Next stop: complete decentralization.
New bitcoin token project tBTC is now live on the Ethereum mainnet …
📰Fresh Content
“Known Origin Featured Artworks #2” — Guest editor Jason Bailey
“[Spotlight] Peeking Into the Process of Bryan Brinkman” - matthew.cent.eth
“NFT Data Dump Sundays - April 2020” - Andrew Steinwold
“$WHALE Launch and Renewed Tokenomics” - WhaleShark
🖌️Extra, Extra
I sold Bryan Brinkman’s “Immolation” on SuperRare this week for 1.2 ETH. Amazing to see him automatically get a royalty from the secondary sale! Thanks Ethereum 🎉
Thanks for reading, and stay creative on- and off-chain!
Keep an 👁️ out for the 19th 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 NFT pieces available on OpenSea, too. Thanks kindly!
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Beast! Loving this format-- thanks so much for doing what you do and congrats on the $whale grant!