The Start of a New Era for NFTs: Bridging NFTs to L2 🌉

📣 General NFT News

• CNN shuttered its Vault NFT series, leading to plenty of rug pull complaints and jokes.
   
• cygaar, ERC721A pioneer and Azuki collection dev, released an open-source library for subscription NFTs based on his EIP-5634 design. 
  
• Foundation introduced Drops, a new resource for releasing big NFT collections and creating editioned packs of NFTs:

• Mango Markets was hacked this week, and interestingly the attacker’s blockchain history suggests they have a history of prolific NFT flipping. 
  
• Mason Keresty, the rediscoverer of Linagee Names, found what appeared to be an even older NFT project though wasn’t upon closer inspection.
  
• Rainbow launched app notifications, including for NFT activities. 
  
• Tessera facilitated the auctions of the first 100 Nounlets. 
  
• Quix unveiled the Optimism NFT Bridge:

🏆 Digital Collectibles

• Azuki introduced collector profiles.
  
• CyberKongz topped up The Klaw, an on-chain claw machine game for the collection’s holders, with +300 ETH worth of NFTs.
  
• Yuga Labs, the creators of the Bored Ape Yacht Club collection, are being investigated by the SEC over potential securities law violations. 
  
• Yuga Labs also just kicked off its cryptopunks.app restoration effort. 

🎨 Cryptoart

• beeple is building a digital art and NFT studio in Charleston, South Carolina.
  
• SuperRare published How is cryptoart different from other NFTs?

🎮 Decentralized Gaming

• Axie Infinity: Raylights, a mini-game for Axie land holders, is now live. 
  
• Forgotten Runes Wizard’s Club unveiled details about the combat system of its upcoming Forgotten Runiverse game:

💽 Music NFTs

• sound.xyz helped 170 artists facilitate $3.5M worth of music NFT sales during its Season 3 campaign. 

🌐 Virtual Worlds

• Decentraland estimated it currently has ~8,000 daily active users in response to a since-edited article that relied on limited data to wrongly claim the virtual world had only ~38 DAUs:

💎 DeFi x NFTs

• Collection.xyz, a liquidity incentives protocol for NFT AMMs, launched. 
  
• Kofi, an onchain data specialist, published a sudoswap analytics dashboard called sudoswap.vision. 
  
• MetaStreet, the self-described interest rate protocol of the metaverse, announced a new $10M funding round. 
  
• Uniswap just rolled out a revamped web app, and new NFT functionalities are coming up next:

Action steps

• 🌌 Read Why ATOM 2.0 Is a Gamechanger in Bankless
  
• 📺 Watch Rejecting Bitcoin Fundamentalism with Dan Held on Bankless 
  
• 🌱 Watch the John Paller | Opolis interview on Green Pill
  
• 🙇 Catch up on my other write-ups from this week: 
  ✧ Daylight for your NFT wallet
  ✧ How to get started on Cosmos
  ✧ SEC investigates Bored Ape creators