Max Mint ⏫ – by William M. Peaster

Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, and more!

Dear Bankless Nation,

Last month, nearly 100 million NFTs were minted via +6 million transactions across Ethereum, Arbitrum, Optimism, and Base. 

I know for my part, I was definitely minting dozens of NFTs all over the place throughout Coinbase’s Onchain Summer fest

It was a lot of fun, and I got a lot of cool digital goodies, including a Parallel starter deck. And guess what? Ethereum wasn’t congested at all amid all these festivities unlike we’ve seen in past NFT surges. 

We’ve entered the era of the “Max mint,” in other words. Now you can mint many NFTs very affordably on L2s, and more and more people are making the leap up as they’re adventuring on these new layers.

Personally, I’m very excited to see what further experiments this abundance meta will bring. In the meantime thanks as always for reading everyone, and have a great weekend.

For now let’s get you caught up on the past week ✌️


🙏 Sponsor: Uniswap Labs Better Prices, More Listings: NFTs on Uniswap

Over the past week, the floor-based market cap of the NFT space slightly shrunk from 8.55 million ETH to 8.52 million ETH for a 0.35% drop ⤵️ 

🔒 You’re a free user and don’t have access to Airdrop Hunter

If you needed a reason to upgrade to a paid membership, this is it. A single airdrop can pay for an annual membership’s cost many times over!

Upgrade to access Airdrop Hunter

I’ve previously written on Holograph, a multichain NFT minting platform powered by LayerZero tech. This week the two projects kicked off a commemorative mint to celebrate their partnership, and since the release is free, and since both projects are token-less and may conduct airdrops later, this one’s an interesting low-stakes opportunity right now. 

There’s over four days left on the mint, and you might also consider bridging your new NFTs to a different chain via Holograph to potentially up your eligibility. Knowledge and experience are its own rewards in crypto, but retro airdrops are always pretty cool too, right.

1. cygaar on ERC6909 🧠

2. WASD on 5 MUD games to watch 🎮

3. WINTΞR on building BasePaint 🎨

If you’re an NFT creative trying to navigate the uncertain royalties landscape, why not drop your own custom royalty-enforcing NFT marketplace and focus your efforts there? Now it’s particularly straightforward to do so thanks to FirstMate, which just launched its NFT Storefront Builder app in partnership with Manifold. 

To access this resource, just sign into Manifold and then go to the “Apps” dashboard and press “Install” on the FirstMate option!

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.

A Bankless Citizen ⚑ turned $264 into $6,077 last year. A 22x ROI 🚀 in a bear market!

Level up

Trade NFTs across major marketplaces to find more listings at better prices. NFTs on Uniswap are open-source, trustless, and self-custodial. To celebrate NFTs on Uniswap, we are airdropping $5 million to certain historical Genie users. Start trading NFTs today on Uniswap.

👉 Get Started Now!

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.

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