Dear Bankless Nation,🏴

Happy Easter! In this issue, we present the BanklessDAO (bDAO) Artist of the week: Legends of Cypher, featured on Decentralized Arts (DA) last week. This project is very important in many respects, far beyond its creators' involvement with bDAO. Legends of Cypher is a story-focused NFT project and is part of StoryPrima DAO, which seeks to build something new in the Web3 space, both in science fiction and the metaverse. DA continues to cover your top NFT projects in an ever-evolving eco-system. Be sure to follow us on Twitter to stay up on DA’s best.

Welcome to Decentralized Arts.

Contributors: BanklessDAO Writers Guild (Grendel, Kouros, Kaf, nonsensetwice, Frank America)

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BanklessDAO Artist Showcase

🧑‍🎨 Artist: Legends of Cypher (Co-Founded by bDAO Members JamesDeveron, Devin_S, davoice321 and crayonz)

🏦 Auction Type: Limited 200 edition

💰 Price: 0.0525 ETH each

Starship and Scoutship: Lunastus and Sine Ripae

Last year, a group of bDAO OGs came together to create a cultural project that would communicate the Bankless philosophy of freedom and self-sovereignty. After nearly a year of work, they released Legends of Cypher (LoC).

LoC is a multimedia project that tells the story of a future human civilization fighting for individual freedom. You can read more about the project in a previous edition of Decentralized Arts.

The main LoC story will be told via a series of comics that will be released over multiple seasons. The creators have also developed a broad, deep, and rich lore for the LoC universe. 

Today LoC and bDAO are collaborating on a special NFT drop: The Starship and Scoutship: Lunastus and Sine Ripae. The scoutship features the bDAO colors and a familiar name (translated into Latin). 

Only 200 of the NFTs are available for sale. As an additional perk, holders of this NFT will be eligible to receive an airdrop of $PRIMA tokens. 

$PRIMA is the governance token of StoryPrima DAO, a new organization created by the LoC founders dedicated to accelerating the growth and success of story-focused NFT projects. 

Buy the NFT on Rarible.

🌐 Curated NFT News

Coinbase to Feature Bored Apes in a Film Trilogy

Coinbase has announced that they are producing a Bored Apes Yacht Club (BAYC) film series called “The Degen Trilogy.” The three-part series will celebrate the NFT space. Other NFT projects as yet unnamed will also be featured in the films.

The first part of the animated short films will debut at NFT NYC, which takes place this year between June 20th and June 23rd.

Holders of BAYC NFTs can submit their apes to be considered for the film through the Degen Trilogy website. If they are chosen, they will receive a one-time compensation of $10K in either ApeCoin or Bitcoin. Holders should also expect to vote for storylines and the overall direction of the project. This is an exciting major decentralized film collaboration, and one of the first of its kind!

Sky Mavis, Axi Infinity Creators, Propose a Bug Bounty Program

After being the victim of the biggest theft in crypto history—linked to the North Korean hackers Lazarus Group and saw $600M stolen from its ecosystem—the company behind the popular game Axi Infinity, Sky Mavis, has announced a new bug bounty program that will pay between $1K and $1M to anyone who exposes weakness in its ecosystem in an effort to prevent these malicious attacks from occurring again. In addition to this, bugs caught in the app or web interface will be rewarded between $50 to $15K. All bounties will be paid in AXS tokens.

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Polygoonz NFT

Their mission: farm.

By Kaf

Anyone in the NFT space knows that utility is a key aspect of any collection. Another aspect should be added as key: originality. Innovation, creation, and inventing new ways for the community to enrich itself are as vital to the success of a project as utility.  Polygoonz is one such project with both utility and originality.

The Polygoonz is a collection of 8883 customizable pixel NFTs with GameFi Staking created by a group of NFT degens.

Direct from a planet far away, the Polygoonz have arrived on Earth after their planet was devastated by an interplanetary force called The Faang. Only 8883 humble Polygoonz survived, coming to Earth to do what they do best: farming and staking. They love to grow food, take care of animals, cook, bake, and generally just help care for each other.

Minting Polygoonz provides a number of features. The base variants are the body, eyes, mouth, tattoos, faction, and a power bonus. Initially, the Polygoonz are naked. When you mint a Polygoonz, you’ll receive another 10 NFT items to dress your Polygoonz. You can exchange these with others to dress your Polygoonz as you prefer. You’ll be able to name your Polygoonz and write a biography that will be recorded in the Smart contract. This is how owners of a Polygoonz NFT will also receive CC0 in perpetuity.

When 25% of the collection has been minted, the team will release their utility token, $GOONZ, an ERC-20 token. 1,200,000 $GOONZ have been minted. 100,000 tokens are dedicated to giveaways, ensuring that anyone can join the community and participate in the project without spending any money. Another 100,000 tokens will be deposited into the farming contract. The remaining 1,000,000 tokens will be available for purchase through the Polygoonz game at a fixed price. The $GOONZ token will fuel the Polygoonz ecosystem. It can be used to buy items that will increase farming power. The Polygoonz team will also dedicate 10% of all primary sales, and 50% of all secondary sales, to a community wallet which will be used to provide ongoing liquidity for the token.

With your Polygoonz NFT, you’ll get unique access to categories in the project’s Discord sections and VIP access to other projects the Polygoonz team collaborates with. The other 50% of royalties from secondary sales will be redistributed to the community through raffles, special events, grants and other initiatives. There will also be a DeFi Crossover through a custom staking contract allowing Polygoonz NFTs to be staked to earn $GOONZ. Additional features will be announced as the collection sells out.

Sustainability

The founding team of Polygoonz does not intend to sell the entire collection, like most projects, though they do intend to have all Polygoonz distributed. The adventure will really begin when all 8883 NFTs have an owner and find their place on Earth. Polygoonz are an item to collect as art you enjoy, and as an interactive way to participate in the NFT community, not an investment asset.

They decided to base the project on Polygon, given the power it offers. Polygon’s growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more.

In addition to the distribution of royalties among the community, the Polygoonz team also plans to donate part of what they collect to projects in India and Africa to help with crisis support in the wake of the pandemic.

What's Next?

The Polygoonz team is passionate and creative. They know the NFT space very well and are very active members of the community. They have earned their good reputation by adding value to the community. Their plan is to build Polygoonz into an iconic franchise IP expanding across different platforms and entertainment formats.

Polygoonz is designed around fun and long term community engagement. Any member of the community can collaborate with the Polygoonz team. They aim to continue developing new ideas for the project and creating more ways that the community can become co-creators of the project, including designing their own traits or items for Polygoonz, developing the unfolding stories, or even creating a comic or animation.

The options that Web3 offers are endless, and Polygoonz will be making the most of this!

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