Dear Bankless Nation,
Sometimes exploring around NFTs can feel like a solo mission in a strange new world.Ā
What we need is better tools toĀ collectivelyĀ own and govern the internetās new class of digital collectibles.Ā
One project thatās working on precisely such resources?Ā Tessera.
This week Tessera launched a trio of interesting products that are aimed at streamlining collective NFT experiences in new ways. Letās get you up to speed on what these rollouts are all about!
-WMP
The tl;dr ā
Tessera justĀ introducedĀ the newĀ tessera.coĀ website, Tessera Marketplace, and Tessera Protocol. This trio of products marks Tesseraās official debut in the NFT ecosystem after the team rebranded from Fractional, the projectās 1.0 system, in August 2022.
The context š±
In recent days, the Tessera team has been paving the way for its official launch by publishing explainers for some of the 2.0 mechanisms of the new Tessera Protocol.Ā
These new mechanisms have included:Ā
How it works š§±
If you want to take a peek at the new Tessera rollouts, head toĀ tessera.coĀ and sign in with your Ethereum wallet. The homepage will feature the projectās curated NFT Vaults, the first of which is forĀ CryptoPunk #4847.Ā
While the initial auction for Punk #4847ās 1,000 RaesĀ are over, the zero-fee Tessera Marketplace is now live and makes it possible to buy or sell these Raes, and future sold-out releases, via secondary sales. Punk #4847ās Raes were trading around 0.09Ī each at the time of this postās writing.Ā
To buy or sell Raes, youād simply head to your Vault page of choice and select either from the āBuy Raesā or āList Your Raesā options. You can also click on the āSecondary Marketplaceā tab to review above-floor Rae listings.Ā
Alternatively, if youāre interested in vaulting one of your NFTs, the Tessera team is curating interesting opportunitiesĀ via submission formĀ right now, so feel free to contact them if you think you have a good fit.
Why it matters š«
Tesseraās mission is to make āowning cool stuff on the internet with other peopleā easier than ever.Ā
Of course, the web3 collective ownership sector is early and wide open, but with releases Tessera is advancing how groups, and not just individuals, can come together on-chain with new sorts of NFT tools.Ā
People often joke that crypto is āPVP,ā a reference to the cutthroat gaming notion of players versus players. As projects like Tessera and its tool continue to gain steam, I think weāll see a growing emphasis on squadding up and working together through NFTs in contrast.Ā
What to watch š
Going forward, the Tessera team plans to continue curating āculturally significant and historic pieces of internet historyā for its new Vaults system. That means be on the lookout for new Raes secondary marketplaces to keep popping up around notable NFTs.Ā
Additionally, look for other NFT projects to start plugging into Tesseraās open infra. For example, Tessera co-founder Andy Chorlian just teased that Uniswapās NFT aggregator system is poised to plug into Tessera Marketplace soon.
Author Bio
William M. PeasterĀ is a professional writer and creator ofĀ Metaversalāa Bankless newsletter focused on the emergence of NFTs in the cryptoeconomy. Heās also recently been contributing content to Bankless, JPG, and beyond!
First Published here.ļ»æ