Paindexteris a “technology enthusiast” and collector of NFTs. They have focused their efforts on acquiring Ethereum and Solana NFTs, which are proudly displayed on their profile. A big fan of Inverse Bears, Paindexter’s collection is at lazy.com/paindexter
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NFTs can be many different things. Sometimes NFTs are beautiful art. Other times they are keys to a community. Or a demonstration of technological innovation.
This week we want to know what matters most to you when collecting NFTs.
Take a second to complete the above poll. If you have more to say on the topic, send us an email at info@lazy.com. We’ll report the results in next week’s newsletter!
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Doc_Hustle is a prolific collector of Ethereum NFTs and TopShots. They have many Tommy Pickles, Alien Doogles, and Frankies. Doc_Hustle’s collection is looking good! Check it out at lazy.com/doc_hustle
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NFT royalties have become a hotly debated topic lately. Royalties are fees paid to the NFT’s creator whenever secondary sales are made. Some projects have released their NFTs for free on the expectation that if the collection became popular they would be compensated through royalties. Now that assumption is being challenged by the rise of NFT marketplaces that do not pay royalties.
The royalty debate was sparked by the release of SudoSwap, an innovative new NFT marketplace that uses an “automated market maker.” Similar to Uniswap, and unlike traditional marketplaces like OpenSea, users buy and sell NFTs from a pool instead of from other people.
SudoSwap has proven to be immensely popular and has already achieved close to 10% of OpenSea’s volume.
The problem is that SudoSwap does not pay royalties. And if it continues to grow in size then NFT creators could see a big source of revenue dry up.
At the heart of the issue is the fact that NFT royalties have always been a voluntary standard. There is no way to enforce royalties. Creators have relied on their collectors to use marketplaces that respect royalties. This worked until SudoSwap created a marketplace whose advantages—such as instant liquidity—have lured many collectors.
Now NFT creators are being forced to adapt. Royalties are no longer guaranteed. What innovation will replace that lost potential income?
Want to learn more about this topic? We suggest recent posts by Tally and 0xFoobar.
What are the NFTs trends that you are paying attention to? Send us an email and tell us all about it.
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We would love to hear from you as we continue to build out new features for Lazy! Love the site? Have an idea on how we can improve it? Drop us a line at info@lazy.com
Bstractis an “artist and musician selling hand painted digitally enhanced 1/1 NFT art.” We’re featuring their artwork this week because Bstract has done something very creative with their Lazy profile: two figures walk across different NFTs and then meet in the center for a kiss. Clever! Check it out at lazy.com/bstract
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It used to be that once minted, NFTs stayed the same. The NFT’s image, or video, didn’t change on a day-to-day basis. This basic assumption is now being challenged by a new kind of NFT that is designed to be dynamic.
These so-called “living NFTs” query oracles to get information about the world and then change themselves based on the data.
One recent project that has pioneered the dynamic NFT approach is Finiliar.
Finiliar NFTs change their mood based on the price of various cryptocurrencies. If the price of their associated cryptocurrency goes down then the Finiliar gets sad. If it goes up, they are happy.
Dynamic NFTs clearly have a lot of potential. The implications for the Metaverse and on-chain gaming, for example, could be profound. We’ll be keeping an eye on this trend as we expect many more living NFTs will be released in the months ahead.
What are the NFTs trends that you are paying attention to? Send us an email and tell us all about it.
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We would love to hear from you as we continue to build out new features for Lazy! Love the site? Have an idea on how we can improve it? Drop us a line at info@lazy.com
CaptainRusseauxexplains their approach to NFTs: “Crypto is my work, but NFT art is my passion. I’m not buying to sell or as an investment. I’m buying because … I really enjoy having these pieces.” Glimpse the artists they love at lazy.com/captainrusseaux
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Lazy’s Rabbit Hole is great for when when you’re searching for visually similar artworks. However, when you’re in the mood for something different, you’ll want to check out BizarroWorld.
Unlike the RabbitHole, BizarroWorld displays NFTs that are visually the opposite. It is a counterintuitive approach that yields wild results.
To access BizarroWorld, click the three dots on any NFT and select “BizarroWorld.”
Here’s an example of how we recently used BizarroWorld’s visual anti-similarity engine to find new artworks.
Browsing NFTs based on difference, not similarity, is a great way to expose yourself to wide ranging artwork. It is impossible to know what you’ll discover in BizarroWorld.
Explore BizarroWorld and let us know what you think. If you’d like to integrate the Rabbit Hole or BizarroWorld into your website, get in touch.
Thank you for reading Lazy.com’s Newsletter. Was this post interesting? Show some love by sharing.
We would love to hear from you as we continue to build out new features for Lazy! Love the site? Have an idea on how we can improve it? Drop us a line at info@lazy.com
After you’ve added your Ethereum, Polygon, Solana, WAX and TopShots wallets to your Lazy profile, it is time to customize how your collection is displayed.
There are three easy ways to perfect your Lazy profile: adding social links, pinning and hiding.
1. Add Social Links
You can add social links, a profile picture and a brief bio to your collection. It’s simple to add a bio and social links: go to your My Settings page and scroll down to the My Profile section. Adding a profile picture is equally easy: go to your collection, click the three dots on any NFT that you own and choose “Set as Profile Picture.”
2. Pin Your Favorite NFTs
Pinning an NFT will put it at the top of your gallery. Plus, you’ll be able to add a short caption explaining why the artwork is meaningful to you. To pin an NFT, click on the three dots, select “Pin” and write a few words describing the NFT.
3. Hide Unwanted NFTs
Hiding NFTs is crucial if your wallet has received spam or unwanted artworks. Sometimes these NFTs are airdropped to wallets and, because of the way the blockchain works, there is no way to refuse delivery. To hide an NFT, click on the three dots and select “Hide.” If you hide an NFT accidentally, you can unhide it by going to the “Hidden NFTs” option in the menu.
Once you’ve perfected your gallery, post a link on social media. We just might feature your collection in the next newsletter!
Thank you for reading Lazy.com’s Newsletter. Was this post interesting? Show some love by sharing.
We would love to hear from you as we continue to build out new features for Lazy! Love the site? Have an idea on how we can improve it? Drop us a line at info@lazy.com
Klxneis a digital artist from Florence, Italy. They showcase their hand-drawn art of fantastical imaginings on their Lazy profile. We especially love the image of bodies with Rubik’s Cubes for heads. Check out their gallery at https://lazy.com/klxne
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Here’s a little something to make your life easier: we have added support for adding your Polygon NFTs using Coinbase Wallet Extension, a popular alternative to MetaMask.
We would love to hear from you as we continue to build out new features for Lazy! Love the site? Have an idea on how we can improve it? Drop us a line at info@lazy.com
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