Sony’s Metaverse Project, Paul George and Rumble Kong League, MasterCard Enlists Polygon

Jethro Sandico

Jan. 09, 2023

Today’s curated stories feature some of the biggest names in various industries utilizing the power of Web3 technology. Established entities such as Fidelity, MasterCard, Orveon Global, Sony, and the United Talent Agency, all made significant moves in the space.

Moreover, NFTs and the metaverse are displaying strength once again with updates from projects such as DayAway, Miidas, Moonbirds, SuperRare, and y00ts, among others. 

Lastly, Web3 games continue to breathe life into the blockchain with updates from titles such Crabada, Guild of Guardians, and the Paul George-support Rumble Kong League. Joining our roundup as well are Altura, Immutable, OpenAI, TON Foundation, Wemade, and many more.

Here are the stories that shape Web3.

Top Stories

  • Tech giant Sony, in partnership with Manchester City, unveiled a preview of an upcoming metaverse experience at the Consumer Electronics Show (CES) 2023. In essence, the “proof of concept (PoC) project allows participants to engage in activities inside a virtual version of the club’s Etihad Stadium, with the use of avatars and 3D images, among others (BS).

  • Recently, internet entrepreneur Kevin Rose announced that Bluechip NFT collection Moonbirds has signed with Hollywood talent agents the United Talent Agency (UTA). The co-founder of Proof collective stated that the new signing will focus on “partnerships that extend Moonbirds far beyond our existing Web3 audience,” while pursuing goals of” transforming Moonbirds into a global brand” (TW).

  • In an interview, seven-time NBA all-star Paul George talked about his partnership with upcoming collectible sports game Rumble Kong League. The Los Angeles Clippers forward said that he joined the project because he loves “being part of the RKL community.” Moreover, George also highlighted the impact of the collaboration to his charitable organization the Paul George Foundation (BR).

  • NFT collection DeGods and y00ts’ parent company DeLabs is the recipient of a $3 million grant to migrate profile picture (PFP) NFT collection y00ts to Ethereum’s layer-2 (L2) scaling solution the Polygon blockchain. The team aims to utilize the capital to hire additional manpower, as well as launch a crypto incubator to support its NFT ecosystem (DC).

  • Financial services corporation MasterCard has unveiled the Mastercard Artist Accelerator program, a Web3 initiative that aims to empower DJs and musicians. The payment company has enlisted Polygon to power its blockchain-based offerings. Essentially, the project will grant artists access to “special events, music releases,” as well as a curriculum that will help them in building their brand using Web3 experiences (CNF).

Web3 Games

  • Action fantasy role-playing game (RPG) Guild of Guardians (GOG) announced a ‘Trustpad’ airdrop campaign. The promo gave away $5,000 in $GOG tokens. According to the team, the initiative is a part of their marketing strategy to promote the game to the public. Entities that sponsored the giveaway include Trustpad, CoinGecko, and CoinMarketCap (TW).

  • Play-to-earn (P2E) autobattler game Crabada kicked off week 28 of its Arena Challenge. The tournament will have a lowered cap of 80. In addition, Arena Tickets will be refilled every 2 hours instead of 4 hours. Furthermore, this week’s edition also includes updates to the game’s Formation Advantage, Arena Point (AP) tiers, Rewards, etc. (M).

  • Binance Smart Chain-based gaming NFT platform Altura has announced a new partnership with Arcade, an interoperable virtual world that “brings Web3 together.” To carry on the momentum of NFT game Mutants Return, Arcade will utilize Altura’s Unity software development kit (SDK) to build their upcoming projects (TW).

  • Web3 tech company Immutable chief technology officer (CTO) Alex Connelly spoke about his artificial intelligence (AI) research laboratory OpenAI. Basically, the team’s goal is to build applications that can assist developers in producing better art and storytelling. One of the latest apps in OpenAI’s portfolio is ChatGP (Chat Generative Pre-trained Transformer). The product is an AI-automated software that can create blogs, music, trading bots, and many more (CT).

  • South Korean video game developer Wemade has signed a memorandum of understanding (MOU) with blockchain auditing and security platform CertiK. As a result, the two entities will establish a long-term security partnership and launch a joint marketing campaign. Furthermore, CertiK will utilize its expertise to fortify and improve Wemade’s WEMIX 3.0 ecosystem (PRN).

NFT News

  • Miidas NFT, a multichain platform for digital and real-world assets, has completed the Y2023 NFT Collection Airdrop. Apparently, 13,000 wallets were included on the list of participants. “All NFTs have been distributed successfully, you may view at ‘My Collected NFT’ section,” the team Tweeted (BSCN).

  • NFT marketplace SuperRare CEO John Crain announced that the company is cutting 30% of its staff. In a statement, Crain explained that the sudden growth during the bull run became unsustainable and created redundancies in the workforce. However, the SuperRare founder remains optimistic, citing the coming innovations to Web3 and other related technologies (TC).

  • Martha Waslen, founder of luxury hotel booking platform DayAway, is minting her Founder’s Key membership NFTs on OpenSea this month. With a limited supply of 500, the digital assets will grant holders access to the portal’s daycation experiences. Moreover, Founder’s Key owners will also enjoy perks such as VIP access to private events and priority lists, as well as other activities in the metaverse (CNAL).

Into the Metaverse

  • Cosmetic brand collective Orveon Global is one of the names in the beauty industry that has started exploring the metaverse. The company behind BareMinerals, Laura Mercier, and Buxom, has employed virtual try-on (VTO) technology across all of its websites. “Beauty has been the frontrunner in the digital space,” Orveon Global chief digital officer Salima Popatia said (AD).

  • AR Rahman, a prominent Indian music composer celebrated his 56th birthday with the launch of his metaverse platform “Katraar.” The Oscar-winning record producer is best-known for his works in Indian Cinema. Rahman aims to create a platform for the next generation of musicians in the country (CG).

  • Financial services corporation Fidelity Investments has filed three trademarks for Web3-focused products including metaverse-related offerings. The investment company’s filings covers projects such as virtual real estate, cryptocurrency trading, and NFT platforms, among others (ZC).

Around the Blockchain

  • Proof-of-Stake (PoS) blockchain protocol TON’s creators TON Foundation has announced plans to launch a data storage ecosystem called TON Storage. Essentially, the project will allow users to exchange files while rewarding node operators with financial incentives for hosting data (CD).

  • The Digital Currency Group (DCG), the owners of cryptocurrency lending firm Genesis, is allegedly facing investigations from New York Federal prosecutors and the Securities and Exchange Commission (SEC). Reports state that authorities have already requested the company to provide documents as part of the probe on their internal transfers through Genesis (DC).

  • Following the completion of CBDC tests in December 2022, the Central Bank Turkey (CBRT) is now planning to employ blockchain technology for public online services. In a recent press release, CBRT announced the successful execution of “the first payment transactions on the Digital Turkish Lira Network” (BC).

Web3 Content Creators

  • Brycent: Twitch streamer Brycent recently shared an intriguing NFT project called Impostors. In his post, the well-loved Web3 content creator also thanked crypto YouTuber and Neo Tokyo NFT collection founder EllioTrades for “sharing the @Play Impostors love.” Basically, Impostors is an upcoming Ethereum-based NFT game that combines action and survival elements.

  • Cagy: Web3 gaming YouTuber Cagy shared his thoughts on the importance of money and how it can “enhance your life.” He also gave out tips on how to earn from the space, which requires understanding for collectibles. Additionally, Cagy reminded collectors of the risk of “getting attached” to an asset and “never flipping them.”

  • CryptoStache: Blockchain gaming personality CryptoStache was all praises for vertical extraction shooter (VES) Deadrop. The Web3 specialist even said that he is convinced “Deadrop be so much better than Call of Duty.” Although beating a long-established title can seem far-fetched, the Dr Disrespect project definitely brings a great deal of promise.

  • Hustle: Crypto Banter and Hustlepedia host Hustle announced a new roundtable style show with “some absolute brilliant minds in the space.” SteadyStack Titans NFT founders Ready Player H (RPH) and Zan (zanshake) will join Hustle in the upcoming podcast. Fans can catch the show live on blockchain-dedicated YouTube channel Crypto Banter. 

  • Spike: Esports player and Web3 content creator Spike shared a “first look” video wherein he gave a sneak peek into upcoming sci-fi game Star Atlas’ “R2 demo.” Spike conducted a hovercraft speed run through an asteroid belt, which showed snippets of the space-themed project’s gameplay. Moreover, Spike also reminded viewers to “stay tuned for the full YT video and an early access giveaway.”

Midnight Society Deadrop