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Let’s dive in!
Platformless is a FREE weekly newsletter sharing web3 insights and guides for future-proof creators and brands.
Here’s what happened last week in the web3 creator economy.
Featured Story 🔥
The launch of OpenSea Pro was one of the biggest stories last week.
Opensea had been facing increased competition from other NFT marketplaces (mainly Blur) and needed something to reverse the trend.
OpenSea Pro is a rebrand of Gem — the NFT aggregator they acquired last year.
So far, the market has reacted positively with several trading and user metrics swinging back in their favor.
Trending News 📰
FIFA released an AI-powered mobile game with future plans to integrate NFTs. Read More
Reddit to release Gen 3 collectible avatars this week as existing holders exceed 7M. Read More
Bugatti to launch the most expensive NFT on Bitcoin. Read More
Magic Eden introduced Magic Eden Launchpad to help creators launch projects on Bitcoin Ordinals. Read More
Stamps, a new kind of NFTs on Bitcoin, are growing. Read More
Nominations opened for this year’s NFT100. Read More
Unreleased David Bowie song to be released as a Music NFT. Read More
All unminted Chaos Packs will be burned this week. Read More
Ralph Lauren will start accepting crypto payments and launch an NFT collection. Read More
Meta revealed an AI tool to help brands target Facebook and Instagram users. Read More
OneOf is launching the OnePlatform, a turnkey solution for companies looking to expand into web3. Read More
Product Updates 🚀
Magic Eden finally launched on Ethereum. Read More
You can now view your NFTs in the MetaMask browser extension. Read More
Paragraph launched “Paragraph AI” — a new GPT-4-powered feature that creates titles, outlines, and even complete drafts for writers. Read More
Lore, a web3 co-ownership platform, launched its Public Beta. Read More
Users can now sign in and create wallets on Sound using just email. Read More
Catalog introduced “Splits” which enables creators to share revenue on-chain with collaborators. Read More
Bonfire introduced Bonfire Pro — a premium service that offers additional features. Read More
They also launched a native chat feature within Bonfire-powered sites. Read More
Pine Protocol, an NFT lending protocol, launched on Polygon. Read More
Foundation introduced Drop Presales. Read More
Sign up to get early access to Open Editions on Rarible. Read More
The ZORA team recapped their recent feature releases. Read More
Fresh Drops 🖼️
OpenSea released “Gemesis” — a commemorative NFT collection for previous users of Gem (now OpenSea Pro). Read More
Gucci and Yuga Labs announced an Otherside-themed jewelry collection with associated NFTs. Read More
Iron Paw Gang by Adam Grabowski and Random Character Collective minted out and generated 600 ETH in primary sales. Read More
Javier Arrés released “Mech Army” on MakersPlace. Read More
PARTS by Rino Russo has sold over 2,000 editions and earned 11+ ETH on OpenSea. Read More
Yinkore sold “Placeholder” for 1.5 ETH on Foundation. Read More
LiveArt sold out the LiveArt X Card membership NFT collection. Read More
LIST3N, a web3 music DAO, released their Genesis membership passes. Read More
KAAZE sold streaming royalty shares for “I Should Have Walked Away” on Royal. Read More
Black Dave released “I Love This Shit!” feat. Stonez the Organic on Sound. Read More
“Bricks (with Belis)” by Daniel Allan earned over 2.5 ETH from 400+ editions. Read More
Oshi also sold 100+ editions of “Ominous Vibes” on Sound. Read More
DAO Governance ⚖️
Prop House introduced Infinite Rounds — a new process for creating and voting on proposals in the NounsDAO ecosystem. Read More
Doodle holders voted to amend the management of Doodlebank (the community treasury). Read More
The ApeCoin DAO is currently voting in favor (91.14%) of establishing a web3-powered streaming platform. Read More
Learning Guides 🔍
The ABCs of NFTs. Read More
What’s the difference between cryptocurrencies and NFTs? Read More
How to leverage token-gating for your business. Read More
Interesting Reads 📖
$5 million paid to artists on Sound.xyz so far.
Is hyper-financialization a good or bad thing for NFTs?
Thank you for reading! 🙏
See you next week for Issue 011.
And cheers to the next 10, 100, and more!
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Emeka Anaekwe is a creator and founder of Platformless — A weekly newsletter sharing insights and guides for web3 creators and brands. He also consults with projects building web3 products and experiences. Book a free call here.
Platformless is strictly educational and informational. Nothing I share will ever be financial or investment advice. No content will be sponsored unless otherwise stated.