Bridging NFTs to L2 🌉 – by William M. Peaster

Metaversal is one Bankless newsletter for weekly levels on NFTs, virtual worlds and collectibles

Dear Bankless Nation,

Quix, the first NFT marketplace on Optimism L2, opened the Optimism NFT Bridge this week.

The idea? Now you have the opportunity to bridge and trade your Ethereum L1 NFTs on Optimism, where transaction costs are drastically lower than on the mainnet.

The NFT bridge scene is very early right now, so we are still a long way from seeing much activity from migrating over. But in my mind, this roundabout is the start of a new era for NFTs, so keep your eyes on the bridges over the next couple of years!

In the meantime, have a great weekend everyone! And as always, thanks for reading ✌️

-WMP

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• CNN closed its Vault The NFT series, leading to many carpet covers complaints and jokes.

• cigarettesERC721A pioneer and Azuki assembly developer, released an open source library for subscription NFTs based on his EIP-5634 design.

• Foundation introduced Dropsa new resource for releasing large NFT collections and creating released packs of NFTs:

• Axie Infinity: Raylightsa minigame for Axie landholders, is now live.

• Forgotten Runes Wizard’s Club unveiled details of the upcoming battle system Forget Runiverse game:

• Decentralized country estimated that it currently has ~8000 daily active users in response to a since edited article which relied on limited data to falsely claim that the virtual world only had ~38 DAUs:

• Collection.xyza liquidity incentive protocol for NFT AMMs, launched.

• Coffeean onchain data specialist, published a sudoswap analytics dashboard called sudoswap.vision.

• MetaStreetthe self-described interest protocol of the metaverse, announced a new financing round of 10 million dollars.

• Uniswap just rolled one out renewed web appand new NFT features coming up next:

William M. Peaster is a professional writer and creator of Metaversal– a bankless newsletter focused on the rise of NFTs in the crypto-economy. He has also recently contributed content to Bankless, JPG and more!

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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Mediation. From time to time I may add links in this newsletter to products I use. I may receive a commission if you purchase through one of these links. In addition, the Bankless writers have crypto assets. See our investment information here.