12 Pivotal Moments that took the #NFT Industry exponential.

Not just money - we're talking Industry Progress & WTF Moments.

1/ Thread 👇

2/ #Decentraland goes public - Feb 20th

First impressions were, empty, lonely, buggy, crashes, not much to do, etc.

Now there's HQ's, Top DJ Events, 100+ Galleries and
December so far had over 5k weekly visitors.

I wrote a post-launch article,
https://t.co/s6VzQ8bENp
3/ $WHALE Launches May 3rd - A social currency backed by $2M+ of #NFT assets by @WhaleShark_Pro & @whale_community.

People across all NFT projects & platforms were incentivized to work together.

A top social currency by market cap, volume AND community.

https://t.co/7RZ4QyNu8N
4/ @trevorjonesart Picasso's Bull sells for $55k on @niftygateway.

A record sale at the time for a single Art NFT. Many in the broader NFT space started to pay attention from here.

The drop totalled ~ $75k with a Silver /10 recently going for $19.5k! on 8th Dec, (from $750)
5/ Eth fees Sky rocket - Mid 2020

With Activity on ETH going berserk, ETH fees went from average $0.20 per transaction to now ~$5.4. More with NFTs.

This forced NFT projects, (especially gaming), to prioritize scaling/L2 while it was still 'ok' to trade Art as most are $300+
6/ @AxieInfinity's $SLP token 50x's - July 2nd Week.

The SLP token is a reward mechanism for players of the game. It's uncapped supply and was never seen as 'investible' until it 50x'd in 2-3 days.

ERC-20 Exposure for NFT projects made a lot of sense.

They now have $AXS
7/ @JordanLyall & the MEME Team launch @DontBuyMeme Aug 15th.

Started as a joke on copy pasting De-Fi projects & Farming food coins.

Which evolved quickly to an NFT Farming De-Fi experiment.

DeFi+NFT intersection was born.
https://t.co/QD2pmuvVJd
8/ @WAX_io continuing to add project launches proving collectibles are here to stay.

Many of the top 24 hours volume are on WAX.

Also had a drop by @WilliamShatner & @deadmau5 !

data by https://t.co/MQ5XUIZSZ8
9/ @rariblecom $RARI Airdrop - September

Rarible launched their token & incentive structure in July. 6+ Months into existence.

In September MANY people realized they had a juicy airdrop. Some $10-$20k+

It👏Went👏Wild👏

High volume, influencers, flippers everyone rushed there.
10/ @nba_topshot launches on @flow_blockchain by @dapperlabs.

Significant because it was a sports collectible NFT project done right. $2M traded so far.

Looked good, healthy secondary market, mainstream appeal.

Top by Volume + on Flow. New L1 in town.

https://t.co/MQ5XUIZSZ8
11/ @ChristiesInc auctions the first NFT-Physical piece by @robertalice_21 - Oct 7

The first 'NFT' to be sold at the largest Art Auction house goes for $130k.

A mainstream moment that got larger auction houses to pay attention.

https://t.co/7bbw0gWb0s

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MDZS is laden with buddhist references. As a South Asian person, and history buff, it is so interesting to see how Buddhism, which originated from India, migrated, flourished & changed in the context of China. Here's some research (🙏🏼 @starkjeon for CN insight + citations)

1. LWJ’s sword Bichen ‘is likely an abbreviation for the term 躲避红尘 (duǒ bì hóng chén), which can be translated as such: 躲避: shunning or hiding away from 红尘 (worldly affairs; which is a buddhist teaching.) (
https://t.co/zF65W3roJe) (abbrev. TWX)

2. Sandu (三 毒), Jiang Cheng’s sword, refers to the three poisons (triviṣa) in Buddhism; desire (kāma-taṇhā), delusion (bhava-taṇhā) and hatred (vibhava-taṇhā).

These 3 poisons represent the roots of craving (tanha) and are the cause of Dukkha (suffering, pain) and thus result in rebirth.

Interesting that MXTX used this name for one of the characters who suffers, arguably, the worst of these three emotions.

3. The Qian kun purse “乾坤袋 (qián kūn dài) – can be called “Heaven and Earth” Pouch. In Buddhism, Maitreya (मैत्रेय) owns this to store items. It was believed that there was a mythical space inside the bag that could absorb the world.” (TWX)