D'oh!

The NFT market gets a boost from The Simpsons and CryptoPunks, while Decentraland and Deadfellaz fuel excitement.

Author

Leah Alger
November 09, 2023

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This Week's Low-Down:

  • 🎵 Get Ready for the Upcoming 'Decentraland Music Festival 2023’

  • 🎩 Deadfellaz Innovates Avatar Customization with ‘Metawrapz Alpha’

  • 💸 A Simpsons Episode and CryptoPunks Sale Bolsters NFT Dominance

What's Happening Header

  • Ordinals (ORDI) Gains Over 80% Amid Binance Listing (Bitcolumnist)

  • Illuvium’s Set to Go Mainstream with Epic Games Listing (NFT Plazas)

  • NFT Volume Hits 3-Month High—You Can Thank This Massive CryptoPunks Sale (Decrypt)

  • Authentick Secures $4M – Partners with TikTok, Shopify, Lazada (NFT Plazas)

  • NFT Traders Respond to 'Simpsons' Roasting by Spending Millions on Knockoff Collectibles (Decrypt)

  • Yuga Labs Partners with Magic Eden for NFT Marketplace (Bitcolumnist)

  • Champ Medici Talks Web3 Communities, NFTs, Music and Gaming (Cointelegraph)

  • Crossmint Tokenizes AC Milan Stadium to Reenergize Fandom (NFT Plazas)

  • ApeFest Attendees Report Experiencing Eye Pain, Yuga Labs Says 'Less Than 1%' Affected (Decrypt)

  • OpenSea Reduces Headcount by 50% Amid Preps For Version 2 (Bitcolumnist)

  • 'The Simpsons' Skewered NFTs—But Not Before Cashing In on the Craze (Decrypt)

  • ‘India Blockchain Week 2023’ to Stimulate Web3 Innovation (NFT Plazas)

  • Individual Creators Will Ultimately Shape the Metaverse: Sandbox Founders (Cointelegraph)

Trending Collections on OpenSea:

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Get Ready for the Upcoming 'Decentraland Music Festival 2023’

The highly anticipated Decentraland Music Festival returns for the third year running, this time as 'Rebirth and Regeneration'. All artists and creators are invited to join the virtual festivities on November 16-18.

  • The festival takes place in Decentraland's virtual space, driven by its user community to foster communal growth and artistic expression.

  • Past editions featured 300+ international artists like Björk, Megadeth, and Motörhead.

  • This year, however, promises an even more spectacular lineup, with more than 80+ innovative performances, 10 new immersive games, headlines from digital music's OGs, a digital ‘Neo-TechnoPaganist’ rave and more.

  • Selected artists chosen to perform at the event will receive a $500 grant, promotion in the official program, and a performance slot on one of five virtual festival stages.

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Deadfellaz Innovates Avatar Customization with ‘Metawrapz Alpha’

Deadfellaz launches ‘Metawrapz Alpha’, providing a one-stop portal for owners to access all variations of their Deadfellaz PFPs — including Pixelfellaz and Voxelfellaz — with no cost for use.

  • ‘PFP Metawrapping' enables Deadfellaz holders to showcase their avatars in various metaverse graphic styles without diluting the original collection's value.

  • Users can now visually represent their presence across platforms like The Sandbox and Twitch to connect with other Deadfellaz members.

  • The Deadfellaz avatars are fully integrated into The Sandbox, and the new service promises expansive future possibilities as the Web3 space grows.

  • Metawrapz alpha phase also introduces MVP features, with plans for ongoing updates, including art upgrades, collaboration rooms, props, and guest artist features — all without minting or claiming fees.

    A Simpsons Episode and CryptoPunks Sale Bolsters NFT Dominance

    The NFT market has witnessed a three-month high in sales volume, largely propelled by a significant CryptoPunks transaction and The Simpsons Halloween episode.

  • This notable spike in NFT interest follows a CryptoPunks purchase by Bored Ape Yacht Club's co-founder, fueling a $19.1 million trading day.

  • Further sparking fresh market movement is the recently launched Simpsons episode rinsing NFTs.

  • Despite a year-long decline, NFT sales rebounded with a 32% increase in October alone, hinting at market recovery.

  • Notably, Blur gains dominance over OpenSea in trading volume yet again. The marketplace’s token airdrops are stirring the market.

Today's edition was written by Leah Alger