The metaverse is Unbanked Newsletter For a weekly level up on the NFT and on-chain frontier
Dear unbanked nations,
When it comes to market performance, many Ethereum NFT collections have been struggling recently.
Why is hemorrhaging, especially as the cryptocurrency economy is overheating these days?
Well, there was a lot of capital left in Ethereum NFTs after the 2021 bull market. And over the past few months, a new meta has emerged. Think AI tokens, bitcoin ordinal boom, explosion Solana’s Meme Coinreturn of air drop huntingAnd the emergence of L2 Mint led by Farcaster Onchain Gaias On the base.
This goal-rich environment has led more than a few people to sell their existing holdings, like Ethereum NFTs, to chase newer, more popular metas.
However, the Ethereum NFT scene still has a premium status and a bright future. New opportunities for cryptocurrency social and NFTfi will help ensure this. recent Denkun Upgrade It also paves the way for easier use of L1 NFTs on L2, which will lead to all kinds of new and powerful utilities.
Moreover, considering that the current cryptocurrency bull market appears to have only just begun, it is not unreasonable to assume that Ethereum NFTs will soon go strong. The collection here looks super affordable right now, so this might be a great opportunity to snap up some floors!
In the meantime, stay informed and prepared. Let’s take a look at the biggest NFT news highlights from the past week 👇
-WMP
👉 Kraken NFT was created for secure NFT transactions. ✨
Unbanked Citizens Completed Our Zito Quest airdrop hunter equipment I just earned over $15,000 🏹
Don’t miss out on: 👇
-
🆕 See my other latest posts:
William M. Feaster I have been with Bankless since January 2021, and am currently working as a senior writer. He has been immersed in Ethereum since 2017. metaverse As the lead NFT analyst on the team, this is a newsletter from the on-chain frontier covering everything from AI projects to cryptocurrency gaming. With his background in creative writing, he writes novels in his spare time and posts his art on Onchain.
Kraken NFT One of the most secure, easy to use and dynamic marketplaces. Active and new collectors alike will benefit from no gas fees, multi-chain access, payment flexibility using fiat or over 200 cryptocurrencies, and built-in rarity ranking. Learn more Kraken.com/nft
👉 Visit Kraken.com to learn more and open an account today.
It is not financial or tax advice. This newsletter is strictly educational and does not constitute investment advice, a solicitation to buy or sell any asset, or a solicitation to make any financial decisions. This newsletter does not constitute tax advice. Consult your accountant. Do your own research.
expose. Occasionally I may add links to products I use in this newsletter. If you purchase through one of these links I may receive a commission. Bankless authors also hold cryptocurrency assets. see us Investment disclosure here.
