Your monthly cup of NFTs, with updates and refreshing insights on all that is brewing in the Web3 digital art and collectibles space.
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The parallel universe of Rick and Morty’s NFTs
Rick and Morty co-creator Justin Roiland and crypto investment firm Paradigm launched an NFT collection called Art Gobbler last October. While the new collection markets itself as a self-sustaining art ecosystem, its tokenomics appear to reward early adopters disproportionately.
Reddit is joining the Web2 businesses making successful forays into the Web3 economy
The stats for Reddit’s NFT marketplace have so far been impressive. In just three months since launching, a total of 3 million wallets have been created by users on Reddit’s social networking platform. Known as Reddit Vaults, 2.5 million of the wallets are claimed to have been created solely for purchasing avatars that can be customized, collected, and used as profile pictures that show up on users’ posts.
Twitter will allow users to buy and sell NFTs through tweets
Social media platform Twitter announced that it will let users buy, sell, and display NFTs directly through tweets in partnership with four marketplaces. The integration, called NFT Tweet Tiles, displays the artwork of an NFT in a dedicated panel within a tweet, and includes a button to let users click through to a marketplace listing.
MoonDAO is a decentralized autonomous organization (DAO) founded in December 2021 with an international collective of around 31,000 members. The DAO’s mission is “decentralizing access to space research and exploration” which includes literally sending people to the moon. They’ve just purchased two tickets to send a couple of community members onboard Amazon founder Jeff Bezos’ Blue Origin flight.
Paris Fashion Week might have to be renamed Pixel Fashion Week…
…if the current trend of Minecraft-inspired IRL and metaverse-wear continues. Paris Fashion Week (PFW) had a digitally-inspired season with designer fashion brands bringing their physical collections into the metaverse or crossing digital aesthetics over into IRL couture often via the use of the trompe l’oeil effect. Loewe and Weinsanto showcased the increasingly bi-directional relationship between physical and virtual couture.
We have our own mini NFT collection, Newkinco’s Kinki Octopi. These crystalline cephalopods squeeze through the cosmic cracks of the metaverse, boldly going where no octopus has gone before.
These NFTs will be used as access cards by the team and our guests on newkinco’s Discord server, unblocking extra channels.
We chose to mint the collection on the eco-friendly proof-of-stake Polygon blockchain, which has been gaining a lot of traction amongst big brands expanding from Web2 into Web3 technologies (such as Nike, Adidas, and Prada et al). Polygon also offsets its carbon footprint via its partnership with Klima Infinity, a regenerative finance (ReFi) Web3 project.