Estimated read time: 2 minutes 40 seconds.
Last week, Magic Eden launched Mint Terminal, basically pump[dot]fun, but for NFTs.
If that sounds confusing, don't worry! Today's newsletter will break it down for you.
Here are the 3 most exciting NFT platforms right now.
1. MagicEden.io
First, let me explain pump dot fun.
Imagine Twitter, but instead of tweets, the timeline is filled with sh*tcoins. Sounds crazy?
I'll let you be the judge of it 👇
Now (̶d̶i̶a̶l̶ ̶d̶o̶w̶n̶ ̶t̶h̶e̶ ̶M̶D̶M̶A̶) replace memecoins with NFTs:
For artists, this might sound bad at first.
But collectors struggle to find art they like.
Twitter is a mess, so is Opensea.
So why not rely on what others buy ? it makes sense from a social POV.
I've built an app around this idea, to help collectors and artists find each other, we're currently in beta you can join by replying to this newsletter
What I like about MagicEden: They innovate and provide interesting new tools to the community (from Solana to Bitcoin to the Mint Terminal)
The GOAT.
Nat and his team have built an amazing product. I used Highlight for Bit Rot and will use them for my next project in mid/end of September. Stay tuned!
What I love about Highlight: They offer great tooling for every creator (from 1/1 artworks to onchain generative collections)
Oh, did I mention they also sponsor mints ? (meaning some collectors get a free mint!)
Love it ❤
3. Zora.co
I need to confess: I've never used Zora
But here's why you should:
Zora just announced a collaboration with Uniswap to help artists get royalties.
Wait, lemme copy/paste that meme from earlier:
TLDR + ELI5:
You post your art on Zora
People mint and You earn. nothing changes
After the mint, People can still buy ! Directly from a secondary market handled by Uniswap
This helps collectors buy and sell liquid tokens easily (not a new concept, hello Pandora), but also helps artists get royalties thanks to Uniswap's contract.
A really interesting concept !
This part of the newsletter is exclusively for subscribers, they get to see the tweets I bookmarked this week !
Thanks so much for reading, I hope you enjoyed today's issue (which I had to speedrun 🤣)
See you next week ✌
Nahiko
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