⚓️ We Like The Comics
it’s the only thing on my timeline today, so let’s talk about
…or should I say, NFTs telling stories?
now, without further ado…
Cool Comics. that’s the tweet.
oh, where to start?
at noon ET yesterday (or midnight my time here in Hong Kong), the weeklong wait for the Cool Comics reveal ended, with 5 very nice cover variations showing up on OpenSea and holder wallets. here’s the final distribution of those Comic covers:
at the same time, the animated version of the comics dropped on YouTube as well. it’s an objectively high-quality production with terrific illustrations, storyboarding and voice acting through and through. definitely worth 4 minutes of your time:
Cool Cats also dropped a Medium article on what’s next for Cool Comics, with a few new nuggets inside for readers with eagle eyes, notably:
Exotic (highest rarity, 24 in total) physicals will be graded & encapsulated by CGC, an established comic book grader
30 physical comics will arrive autographed by Clon himself
There will be some cool extras in the physical Cool Comics not available in the digital version
don’t forget that special merch is coming, with unique items available for holders of comics of different rarities. holding all 4 Comics from the CATaclysm series will also provide eligibility to a series end burn for an exclusive and unrevealed reward.
the Cool Comic I was holding revealed as a Wild, which I’m pretty happy about. I also scooped up 2x Cool 1s and 2x Cool 2s — I’m planning on collecting a full set of Cool 1 & Cool 2 covers and hopefully framing them somewhere.
there’s also the fact (mentioned in this Medium article) that future access to the subsequent comics is only available to holders of the previous comics within that series. so Comic #1 (Tepnu and the Water Disaster) basically serves as an access pass to Comic #2.
I don’t have many bags on Solana, but I regard the projects & communities over there as our NFT brethren all the same. there's always something interesting happening over there, so I like to keep an eye on it.
one of the recent discussions has been on whether marketplaces actually deserve the cut they take from NFT sales (OpenSea - 2.5%, MagicEden - 2%). that money isn’t going to the project or community, but rather is being slowly siphoned out of the entire NFT ecosystem.
so what’s the answer, you say? AMMs — an automated market maker that powers a DEX (decentralized exchange). DeFi stuff, custom-built for NFTs; for people who care less about the JPEGs and more on the cold, hard numbers.
one’s being built out by @HGESOL, also known on ETH as @9x9x9eth, called HadeSwap. deposit your NFTs into a liquidity pool, get a proportion of the trading fees — boom, that 2-2.5% cut goes straight back to the community.
it might not end up being the best solution. it might take a long time to educate the NFT native masses about liquidity pools and DeFi. but heck, it’s something different and I respect the hell out of that.
for those of you hesitant about Solana, here’s a very genuine take from one of the biggest Solana project founders on how their ecosystem works:
TL;DR summary of Frank’s piece: Solana’s weaknesses (blockchain going down) are very well-known. but its strengths (constant innovation) aren’t talked about often enough.
a nice little follow-up to yesterday’s newsletter — the big sales just keep coming in.
and that’s all for today, folks.
if you’re interested in some of my own native content, I’m writing something entertaining about how web2 and web3 are like Darth Vader and Luke Skywalker. you’ll be able to read that later this week at my own newsletter, substance. click the banner below to subscribe to that.
got thoughts? holler at me @subvert_nft. I’ll be around.
until next time,