February 5 - 9: This week in NFTs, recapped in one letter

Gm,

It’s getting hot in here! Bitcoin is nearing $48k, the sentiment is good and the timeline is flooded with new decentralized tech aka Farcaster (we’ll get into that in a bit). Also, what on Satoshi’s name are ERC-404s?

In a milestone for blockchain tech mainstream adoption, GoDaddy integrated with ENS, making it easier than ever (and free) to import your DNS into ENS.

Speaking of empowering creators, the ForbesWeb3 Art Contest winning artwork will be minted as Open Editions on RARI Chain throughout the next week (speaking of the best NFT L3, you can mint a free Amber Vittoria artwork there in the next ~19 hours; thank me later!)

Also, Farcaster is on fire! The decentralized network for social apps saw daily active users skyrocket following the debut of Frames on the Warpcast app. What's Frames, you ask? It’s a feature that lets you turn any cast (think tweet) into an interactive app.

It looks like we’re witnessing the rise of the hottest web3 social project since FriendTech, and the lack of ponzinomics hyper-financialization elements does arguably make it feel much more sustainable (NFA, DYOR — you know the drill). New tech is always great news, which is why Rarible is sponsoring the Farcaster Frames Lisbon event this weekend. Join us if you’re in town!

ERC-404 who? @cygaar got you covered. This 🧵explains the experimental token standard and the $240M market cap Pandora token.

• We lived to see the day ​​Sotheby’s announced it will auction the OG NFT Ether Rock. The sealed bid event will run from February 14-21.

• Solana network was down for about 5 hours, but shook it off with $SOL finishing the week up by 7%.

• Yuga Labs announced the CryptoPunk Artist Residency Program, aiming to partner with creators to bring new works on-chain.

Don’t trust, research (and yes, verify).