AI x NFTs 🤖 – by William M. Peaster
Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, and more!
Dear Bankless Nation,
Today, I published a post in the main Bankless newsletter called Is AI Bullish for Crypto?
See what you think. The tl;dr is that AI will have huge implications for every field, and the web3 space and NFTs are no exceptions.
From NFT smart contracts made “very smart” by machine learning to web3 games where players deploy their own AI agents to accrue in-game resources, everything is about to change here.
Ready? I’m not sure if any of us really are 😄
For now, though, let’s keep things simple and get you caught up on the past week in NFTs. Thanks as always for reading everyone and hope you enjoy your Memorial Day weekend ✌️
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For prices it was a super steady 7-day stretch in the ecosystem. In ETH terms, the floor-based market cap of the NFT space stayed flat at 8.08 million ETH on the week, although in USD terms we saw a slight climb from $14.68 billion USD to $14.74 billion USD thanks to a small 7-day rise in the ETH price.
Created by the Spore team, sporeᵒⁿᵉ is an NFT-based immersive audio remixer, with its first season release featuring music from Daniel Allan, LATASHÁ, Mija, Reo Cragun, and beyond. This app, currently mintable on Zora for the next month for 0.01 ETH each, lets you remix the preloaded tracks and mint your own remixes as new music NFTs!
1. cygaar on his latest zkSync x LayerZero NFT quest.
2. Guild on pins, the service’s new soulbound NFTs.
3. Matti on identity in web3.
4. Polynya on onchain game engines with large worlds.
A “multisig” wallet created via Safe is arguably the best way for most people to store their long-term crypto and NFT holdings today. That’s because Safe lets you deploy smart contract wallets that are extremely customizable and can be tailored precisely to your needs, from requiring multiple key signatures for transactions (e.g. 2 of 3 wallets you’ve added into your Safe), setting spending limits, creating account roles, and beyond. If you’d like to launch your own, see my full write-up Playing it safe with a Safe multisg out in Bankless this week!
Join other Bankless Citizens up 10x from our exclusive Alpha 🚀
William M. Peaster is the creator of Metaversal — a Bankless newsletter focused on the emergence of NFTs in the cryptoeconomy. He’s also a senior writer for the main Bankless newsletter and a contributor to NFT curation platform JPG!
A Bankless Citizen ⚑ turned $264 into $6,077 last year. A 22x ROI 🚀 in a bear market!
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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.