2022: Recapping A Year in NFTs

This year's memorable NFT moments and what's in store for 2023

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GM and a soon-to-be GY

In today's edition: 

  • 🍾 Reflecting on a year in NFTs (2022 NFT Recap)

  • πŸ’° Samsung boosts investment in Latin American metaverses

  • πŸš€ Kraken announces the launch of its gasless NFT exchange

  • πŸ€– Yuga Labs get ready for an exciting Otherside journey in 2023

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  • Meebits and WarpSound team up to launch NFT music album (NFT Evening)

  • US sanctions drive OpenSea to ban Cuban artists (Watcher.Guru)

  • Rolls Royce introduces Phantom Series with exclusive NFTs (NFT Lately)

  • Decentraland launches 'Worlds' (NFT Lately)

  • Binance limits Bored Ape staking after high demand (NFT Evening)

  • Donald Trump's NFT collection generated $4.5M in revenue (Watcher.Guru)

  • Forbes and The Sandbox create a festive metaverse quest with prizes (NFT Evening)

  • Coinbase to end the year with all-time low stock price (Watcher.Guru)

  • North Korean phishing scam targets NFTs using 500 fake domains (NFT Lately)

  • China's first national NFT marketplace to launch next week (Cointelegraph)

  • Crypto.com and FC Barcelona encounter ban in the UK for NFT ads (Watcher.Guru)

Some other stuff we are digging this week:

  • What is an NFT whitelist and how can you join one? (Cointelegraph)

  • What is an NFT record label (NFT Lately)

  • A comprehensive guide to real estate NFTs (NFT Plazas)

  • Why Solana is one of 2022's biggest losers (Watcher.Guru)

  • Understanding phygital NFTs: The merging of the physical and the digital (NFT Plazas)

  • Why do stablecoins lose their peg? (Watcher.Guru)

Trending collections:

2022: A Non-Fungible Year in Review

From pop culture apes to gas wars and mainstream brand adoption, 2022 was a wild ride for the NFT market.

Here's a quick timeline of some of the biggest events in the world of NFTs this year.

  • January: Bud Light introduced Super Bowl NFTs

  • February: A CryptoPunk sold for $24M

  • March: Bored Ape Yacht Club launched ApeCoin

  • April: Solana NFTs joined OpenSea

  • May: Otherdeed NFTs exploded against gas fees

  • June: Minecraft said goodbye to digital assets

  • July: Damien Hirst brings the art scene into NFTs with $25M in sales.

  • August: Tiffany & Co. launched CryptoPunks pendants

  • September: Ethereum goes Proof-of-Stake

  • October: More brand giants turn to Web3 initiatives

  • November: FTX implodes, many follow suit

  • December: Trump sells $4.5M in NFTs

Here's more about the Most Memorable NFT Moments in 2022

Taking a quick glance back at how much happens in a year reminds us of the extremely quick nature of the NFT (and Web3) markets.

To many, 2022 wasn't a great year, the markets sucked.

To others, 2022 was a year of promise. A year of major brands (former presidents even) joining the Web3 world. A year of tech advancement at a rate that puts the dot com boom to shame.

More importantly: the world made significant strides in moving toward a more decentralized and transparent financial system.

Money changed, art changed, collectibles changed. We're just getting started.

With that we say...

To you all: Happy New Year! We couldn't have made it here without each and every single one of our amazing readers. We can't put into words how much we have appreciated the feedback and support as we build NFT Lately. Onwards!

To 2022: Go rug yourself.

Now, onto 2023 stuff:

Samsung Invests $35M Into Latino Metaverses

As the new year approaches, Samsung is positioning itself for success in Latin America with a $35 million investment into metaverse projects in the region.This move demonstrates the tech giant's dedication to expanding its presence and influence in the rapidly growing Latin American market.

Here's what we know:

  • Samsung recently announced a $35M initiative to invest in metaverse experiences for the Latin American market.

  • This investment is part of Samsung's efforts to tap into the Web3 momentum in Latin America.

  • In particular, Samsung aims to reach young people in Latin America through this initiative.

  • More than 10% of the population of Argentina currently uses cryptocurrency.

  • Samsung hopes to capitalize on this trend and increase its presence in the Latin market.

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Kraken Unveils Gasless NFT Exchange

As you are most likely aware, gas fees have been a major concern for NFT buyers throughout 2022. Especially when gas wars spiked over Yuga Labs' Otherside NFTs.

Just in time for the new year, Kraken has just launched a gasless NFT exchange to prevent such issues from occurring.

Here's what we know:

  • Last month, Kraken announced the launch of a gasless NFT exchange.

  • The platform has undergone testing with private users for about a month.

  • Everyone can now use Kraken NFT for gas-free purchases in 2023.

  • The public beta of the platform is now live!

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Yuga Labs Prepares for Next Year's Otherside Journey

  • BAYC Metaverse project Otherside announces second trip for late March 2023.

  • The first Otherside trip introduced Apes to the metaverse with more than 5,000 attendees.

  • Participants faced giant Koda and interacted with BAYC's mascots Curtis and Blue

  • Now, Yuga Labs is getting ready to add additional Otherside trips, opportunities, and persistent metaverse experiences for 2023.

  • The team has promises to include more gamification options, mechanics, and high-energy entertainment in this highly-anticipated second trip.

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Today's edition was written by Leah Alger and Ty Smith.

P.S. - Thank you again for this year's continuous support. Happy New Year!