DeFi Arts Intelligencer - May 9th, 2020
Welcome to the 17th issue of theΒ DeFi Arts Intelligencer, your weekly source for key happenings around blockchain art, collectibles, and games. SubscribeΒ here.
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For this dispatch:
π¨Β Digital Art & Collectibles
For this yearβs Ethereal Virtual Summit, art platform SuperRare commissioned artist Prometheus to create a series of special-edition portraits of prominent cryptoeconomy figures. The portraits were then auctioned off for charity, with 50% of the proceeds going to Gitcoinβs CLR COVID-19 matching pool.
Cryptovoxels sold out its first 30 auctions of Proxima Tower island properties. Also, support for ENS names in Cryptovoxels may be coming soon.
Artist Trevor Jones is fleshing out his final Crypto Picasso series pieces β¦
Artist Coldie sold Proof of Work REDUX for 14 ETH.
The Avastars team allocated 25 first-generation Series 1 Avastars to GrowYourBase, a project that rewards users for learning about digital assets.
NIFTEX gave 100 early adopters access to its private alpha, which allows for fractional trading of NFTs.
Nifty Gatewayβs Drop 4 was another big success.
NFT minting project Mintbase just eclipsed its first 600 stores.
The Virtual Art Festival (VRAF) is coming next weekend!
Welcome Machi X, a new art DAO.
Grammy award-winning musician RAC is collaborating with Zora, an Ethereum-based decentralized market for limited-edition goods β¦
I have something special coming out with @ourZORA @JackSpallone on May 11th. Introducing $TAPE. More details soon. ourZORA.com
πΉοΈΒ Blockchain Games
Immutable, the team behind the Gods Unchained digital trading card game, is working with the scaling wizards at StarkWare to build Immutable X, an NFT exchange that can efficiently power more than 200 million trades per day.
Axie Infinityβs Jeffrey Zirin talked βplay to earnβ gaming during "The State of Gaming on Ethereum" panel at the Ethereal Virtual Summit.
Game-centric virtual world project The Sandbox partnered with Paladin Studios, a Dutch gaming studio.
β¦οΈβ¦οΈΒ DeFi News
The Ethereum blockchain reached a block height of 10 million. Cheers π
Per DeFi Pulse, the total value locked (TVL) in DeFi is approaching the $1 billion USD market once again.
Decentralized assets project Synthetix teamed up with Optimism PBC to release a demo of Syntethix.Exchange powered by optimistic rollups tech. Such rollups, or ORUs, are like highly scalable sidechains.
Meet Strike, a decentralized perpetual swaps trading protocol.
Yield Protocol unveiled yTokens, which are akin to βzero-coupon bondsβ for DeFi.
Liquity, an interest-free and low-collateral decentralized borrowing protocol, introduced its new USD-pegged LQTY stablecoin.
π°Fresh Content
βA Theoretical Model for Social Currency Evaluation: SCEMβ - WhaleShark
βExploring βProof-of-Workβ Within The Non-Fungible Token Spaceβ - Andrew Steinwold
β[Special Interview] James Waugh, RareAFβ - matthew.cent.eth
βWIP Log: Pixellated Vision of the Futureβ - Twobadour
βWelcome to OpenSeaβ - Dan Viau
βAssessing the value of a (whale) collectionβ - hex6c
βWhaleshark - $WHALE Social Currency - The Hotseat ep. 1β - Andrew Steinwold (interviewing WhaleShark)
ποΈExtra, Extra
At this weekβs WIP Meetup in Cryptovoxels, I gave a quick presentation on the DeFi Arts Intelligencer. I wanted to say thanks to Matthew and everyone else for having me on, the event was a lot of fun and a real revelation for what the future of VR will look like.
Bought two NFT pieces from artist Animatttic this week: wΔv and meΙͺlstrΙm. Love the style!
Thanks for reading, and stay creative on- and off-chain!
Keep an ποΈ out for the 18th issue of theΒ DeFi Arts IntelligencerΒ this time next week, too. Cheers βοΈ
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About DeFi Arts Intelligencer
TheΒ DeFi Arts IntelligencerΒ is curated by me,Β William M. Peaster, a professional writer and editor whoβs been tracking the Ethereum and Dai beats in recent years.
Iβm 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. Iβm 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 atΒ @wmpeaster.
If you enjoy this newsletter and want to support it, feel free toΒ subscribeΒ or have a like-minded friend subscribe as well. I haveΒ NFT piecesΒ available on OpenSea, too. Thanks kindly!
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