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DeFi Arts Intelligencer - May 23rd, 2020
Welcome to the 19th issue of the DeFi Arts Intelligencer, your weekly source for key happenings around blockchain art, collectibles, and games. Subscribe here.
For this dispatch:
🎨 Digital Art & Collectibles
Artist Bryan Brinkman has a new piece published, “Folders.” Check it out!
CryptoPunks did over 500 ETH in volume over the last week.
Artist Osinachi’s “Tennis Player” is still available for purchase on MakersPlace.
Nifty Gateway has a new NFT display app up to try out!
🕹️ Blockchain Games
The Gods Unchained team updated how Collection Tiles work. The new system has been launched to “not only accommodate the Trial of the Gods expansion, but each and every new set that releases in the future.”
Axie Infinity Season 5 is heating up!
Decentralized gaming platform The Sandbox rolled out the “Shaping Contest.” The competition will see participants come together to form “imaginary DISTRICTs.”
♦️♦️ DeFi News
Ethereum liquidity protocol Uniswap unveiled its streamlined V2 system.
Decentralized derivatives platform dYdX experienced a volume explosion in recent days. For context, the exchange just launched bitcoin perpetual swap offerings.
Now, more WBTC is backing MakerDAO’s Dai stablecoin than any other crypto except ETH (Maker Vaults currently also accept BAT and USDC as collateral).
After an early emergency shutdown event, the tBTC bitcoin token project has a novel trajectory forward.
The Ren project’s renBTC token is now live on the Ethereum mainnet.
“NFT Proof-of-Work - May 2020” - Andrew Steinwold
“[Spotlight] The Recursively Awesome VHS Artist /TheSarahShow” - matthew.cent.eth
I lost my main income stream this week, so if you have any professional writing gigs on the slate (newsletters, blogs, press releases, etc.), I’d be happy to actualize them in excellent fashion.
I’ll offer 25% off on any writing gigs purchased in crypto. Beyond that, it’s $30 USD per 300 words, so if you pay in crypto it’s essentially $20 per 300 words. Come one, come all! Thanks for your time & consideration.
This week I held a cryptoart review competition: the idea was to send in a cryptoart review to me in order to stand a chance to win $WHALE tokens. Now, the winners are in. They are …
hex6c, re: “Bitcoin Halving”:
“In all their infinite wisdom, bitcoin's anonymous inventor Satoshi Nakamoto decided that only 21 million BTC would ever exist. To begin with, the reward stood at 50 BTC per block. Rewards stay fixed for 210,000 blocks (about 4 years), and then are cut by 50% (halving). There will only ever be 32 bitcoin halving events, for a total of 128 years. Why? Each BTC is divisible to the 8th decimal place, so each BTC can be split into 100,000,000 atomic units, called satoshi, worth 0.00000001 BTC. Since 50 divided by 2^32 is more or less one satoshi, then an additional halving would result in a vanishing value (below one satoshi), hence counting zero in bitcoin arithmetic. Pretty clever, no?”
ejthek, re: “Nebula Night Light”:
“With an intriguing blend of illustration, digital painting and near photorealistic depiction, artist VidiVici captures the eye and stirs the imagination with their NFT piece entitled Nebula Night Light. This is a work that demands a lights-out, full-screen presentation and for the viewer to take a few moments to drink it all in. The attention to visual detail, coupled with unrestrained broad strokes, provides a high contrast image that is both striking and well balanced. I am especially keen on the interplay between hard and fixed linear boundaries that cannot contain the organic fluidity of the overflowing nebula. The youthful figure staring in wonder mirrors my own silent appreciation of this piece. Many of VidiVici's other works have similar compelling qualities and are worth a look.”
With that said, please send me your ETH addresses hex6c and ejthek! Also, as an honorable mention, RollerDance (@MacronWT) can reach out for a $WHALE reward too! Thanks for participating.
Thanks for reading, and stay creative on- and off-chain!
Keep an 👁️ out for the 20th 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 firstname.lastname@example.org or on Telegram at @wmpeaster.