A new NFT bull run? 🐂 – by William M. Peaster

Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles

Dear Bankless Nation,

Is the worst of the crypto shakeout that started last year behind us?

Who knows, but one thing’s for certain: there is a surging sense of optimism in the NFT ecosystem right now.  

Indeed, more and more people think the bottom’s in, and activity is picking up across the board. The number of NFT traders, the number of NFT trades, NFT volume stats — presently all these metrics are markedly uptrending. 

We’re so back, then?

We’ll have to see how the months ahead unfold, but things are unquestionably feeling more bullish lately. For now let’s recap the past week, as always thanks for reading everyone and have a great weekend! ✌️

-WMP

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• Easy Company, a web3 social wallet play, raised +$14M in seed funding.

• Jake Gallen published a great primer on the history of NFT marketplaces:

• Azuki introduced Hilumia, a new interactive world for Azuki holders.

• Yuga Labs is prepping for its upcoming Sewer Pass mint, which will grant access to the limited-time Dookey Dash game:

• Bulkis.eth used alpha he learned from studying the mechanics of Wolf Game early on in order to trade up into a CryptoPunk, check this out:

William M. Peaster is a professional writer and creator of Metaversal—a Bankless newsletter focused on the emergence of NFTs in the cryptoeconomy. He’s also recently been contributing content to Bankless, JPG, and beyond!

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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.