If you’ve been paying attention to NFTs in the last week, you might have noticed that… uh, well… people kind of aren’t buying anything and prices are either “dipping,” “dunking,” or in full-blown “collapse.” This is due to many factors, one of the more obvious being that ETH gas prices have remained extremely high (between $150-200 for a single ERC token transaction) for a long time, giving speculators and collectors few opportunities to mint or transact at an affordable price. This, combined with the resurgence of meme tokens such as $SHIB have led to network congestion, capital flight towards more optimistic assets, and an oversaturation of NFT projects launching in the last month or so have contributed to this precipitous drop in prices and volumes.

Hello everyone, glad to be back for the next edition of Future Friday where we discuss the upcoming week in the metaverse. Normally my focus is on NFTs, but my research for this upcoming week was unfortunately very fruitless - it seems that NFTs are currently in a coma and waiting for volume to leave the memecoin environment and start flowing back towards the NFT world. As you can see below, over the last few weeks volume has been steadily declining with a massive -60% drop in just the last 24 hours alone. This, coupled with the massive rise in gas fees for SHIB and Uniswap indicates that retail frenzy is driving most of the volume towards shitcoins, causing ETH gas prices to surge to over $200 per ERC transaction. This is probably one of the larger contributing factors towards the massive decline in NFT transactions lately, as fewer people are willing to gamble on mints when gas is so expensive.

Welcome back to the second edition of Summary Sunday, where we cover the major events that happened in the NFT metaverse since the last edition. This past week has had several major drops and a few little scandals, and for a few days we saw a lot of despair that NFTs were about to enter a bear market before Bitcoin claimed and then lost a new all-time high, leading to rallies across the board.

Welcome to the first edition of NFT Future Friday, where we’ll take a look at some awesome projects with upcoming releases in the near future, including all the links necessary to learn everything you need to know before making a decision to mint or purchase. Today I’ll start by diving deeper into three primary projects, while listing some honorable mentions that you can do your own research on after reading.

If you've been active in the crypto social media community in the last few months, you probably have seen the term "DeFi 2.0" mentioned numerous times, as it is quickly becoming a meme to define the difference between traditional DeFi protocols of the past several years and the nascent protocols that are exploding in popularity across various ecosystems. So what does "2.0" mean? Before we discuss what these new DeFi protocols are attempting to do, let's discuss the current state of DeFi in 2021 and what the status quo is for decentralized economics. Once we have laid the foundation for DeFi, we'll take a look at a few projects that are aiming to flip the status quo on its head and push new boundaries in financial products in the cryptosphere.

As this is the first installment of NFT Tech Tuesday, I think it’s a pretty good idea to lay a foundation for what tech enables NFTs to exist, what each blockchain platform has to offer in comparison with one another, and what people are developing and working on for the future. This will be a somewhat basic post for those who are already well-versed in NFT technology, but I will cover everything from what they are and how they work, to how to protect your collection and ensure it never disappears.

Noteworthy DAOs:

Summary Sunday v1 - 17 October 2021