Backpack and xNFTs: Revolutionizing the NFT Market and Wallet Experience
Metaversal Insights
by Craig Wilson
1y ago
By Wilfred Odero, Metaversal Fellow The world of Non-Fungible Tokens (NFTs) is witnessing a significant transformation with the introduction of xNFTs and the Backpack wallet on the Solana blockchain. This post highlights the revolutionary changes that xNFT and Backpack will bring to the existing NFT market, comparing their key benefits and drawbacks with ERC-20 and Metaplex’s collection standards. With Solana's Saga roadmap focusing on mobile and Firedancer bringing reliability improvements to the ecosystem, these new standards are poised to reshape the landscape of decentralized applications ..read more
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Why we acquired ‘Unjoin’ by AI artist Helena Sarin
Metaversal Insights
by julia tao
1y ago
Written by Julia Tao. Acquisition led by Matt Miller. Beyond thrilled to add ‘Unjoin: On the Raucous Edge of Stability’ by Helena Sarin to the Metaversal collection. The piece is a thought-provoking audiovisual GANimation challenging modern misconceptions of AI art. Thank you Unit London for making the acquisition possible. AI: The Next Art Movement Artificial intelligence has taken the world by storm. In the art world, AI challenges traditional interpretations of process. Paint and tactility replaced with programming and pixels. We predict that as understanding of emergent AI systems ..read more
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NFT lending is inevitable. Here’s how to prepare for it.
Metaversal Insights
by Craig Wilson
1y ago
Compiled by Jameson Mah, Metaversal Research Analyst. Debt. Debt, debt, and more debt. Modern economies are fueled by debt. We borrow to buy our cars, houses, and college degrees. Governments borrow trillions from other governments to finance infrastructure, militaries, and healthcare costs. Companies borrow from Wall Street to grow their businesses and pay their employees. Art collectors borrow against the pieces on their walls. Debt in the economy across all sectors is on the rise. If we think NFTs will become a major part of the economy, why will they be any different? The ethics of our d ..read more
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What you need to know about the evolving Web3 identity landscape
Metaversal Insights
by Craig Wilson
1y ago
Compiled by Wilfred Odero, Metaversal Fellow. The race to build the elusive all-encompassing Web3 Identity solution has spawned a growing set of niche solutions. As more consumer-centric use cases are built, the stakes to get Web3 Identity right are only getting higher. Use cases such as undercollateralized lending in DeFi, Personal reputation in decentralized social graphs, and effective on-chain governance heavily hinge on the resolution of the current fragmentation of on-chain Identity. However, the fragmentation of Identity primitives, protocols, and the attestation of said Identity has re ..read more
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Metaversal Hosts BitchCoin Salon in Collaboration with Artist-in-Residence Sarah Meyohas at Miami Art Week
Metaversal Insights
by Craig Wilson
1y ago
Salon convenes influential minds in the digital and legacy art worlds to explore Web3 and its relationship to the art world. Sarah Meyohas. (Image: Gabby Jones) Metaversal is proud to host BitchCoin Salon in collaboration with its first artist-in-residence, Sarah Meyohas, creator of BitchCoin. The salon will take place at Miami Art Basel on Thursday, December 2 and is Metaversal’s first project in Miami, where it’s headquartered. BitchCoin Salon will convene the who’s who of the worlds of NFTs, crypto art, and traditional art to unveil the BitchCoin universe as a convergence of Meyohas’ inter ..read more
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Metaversal’s 2022 Year in Review
Metaversal Insights
by julia tao
1y ago
What a year 2022 has been, filled with extreme highs and equally extreme lows. We've seen the market and cryptocurrencies take a pounding. But it’s also been a year that we've seen incredible strides being made in the world of NFTs.  It’s been a year that’s seen consolidation and experimentation in web3, and it’s only deepened our conviction that web3 represents a tectonic shift in how culture is created, distributed, consumed, and owned, and that part of our role is to help usher in the best version of the future that shift enables. The technology is here and here to stay: NFTs dominated ..read more
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The three keys to launching a successful NFT project in 2023
Metaversal Insights
by Craig Wilson
1y ago
Non-fungible tokens (NFTs) have the potential to revolutionize the way we create, own, and exchange value in the digital world. Currently, they tend to fall into one of three main categories: collectibles (like profile picture projects), digital art (1/1s, limited editions), and membership or access passes (like PROOF’s Pass or gmoney’s Admit One). For creators, NFTs present a unique opportunity to monetize assets and abilities on an infinite spectrum, including art, music, writing, video, and even personal brands. Through NFTs, creators are empowered to build and share their work without rel ..read more
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Why we invested in the Exosama and Moonsama ecosystem (Part I)
Metaversal Insights
by Craig Wilson
1y ago
written by Investment lead @JamesonMah In collaboration with @craigwilson @juliataoo Metaversal is proud to be a lead investor and active supporter in Exosama, Moonsama’s newest NFT project. We can call one of the treasury Moonsama’s, #779, our own, a token of appreciation from the project’s treasury for our long-term partnership with it and the wider project. We intend to be active supporters of Moonsama on its war path to shake up the Ethereum ecosystem, and of Exosama as it grows into a pre-eminent social metaverse NFT project. Introduction “Expect chaos.” That’s the unofficial Exosa ..read more
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The Bryan Brinkman interview (Part I)
Metaversal Insights
by Craig Wilson
1y ago
Bryan Brinkman is an animator, visual effect artist, reformed/recovering late-night TV graphic artist, pop culture gallery artist, and advisor. He’s also one of the most recognizable (and friendliest) faces in the New York NFT scene, and his work can be found on SuperRare, Nifty Gateway, Rarible, and almost anywhere else NFTs or digital art are sold, bought, or traded. We sat down with him to talk about his journey, notions of “control” in the NFT space, why the old guard continues to resist the rise of blockchain art, and more. This interview has been edited for clarity, but not by much, whic ..read more
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Crypto-anARTchism: From Rebellion to Creation
Metaversal Insights
by Craig Wilson
1y ago
A MetaLetters exhibition in the DMINTI Metaverse. September 27, 2022 — Metaversal is pleased to present CRYPTO-ANARTCHISM: From Rebellion to Creation, a MetaLetters exhibition in the DMINTI Metaverse from October 12 to November 4, 2022.  “The Crypto-Anarchist Manifesto” About the exhibition In a world dominated by Big Data and Big Tech, the emergence of web3 gives rise to a glimmer of hope against a very real and tangible totalitarian surveillance state. This exhibition aims to evoke thought around the use of NFTs and art in the context of Satoshi Nakamoto’s monumental effort to promote ..read more
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