After a week of panic and pain in Web3, brands and projects of all shapes and sizes continue to bring optimism to the space.
Today’s news roundup puts the spotlight on popular brands Apple, Atari, Clarin, and Renault – entities that are starting to utilize blockchain technology to power their initiatives. Furthermore, Web3-native companies such as Circle, Yuga Labs, are also making some significant moves as of late.
The space is currently buzzing with beloved figures and organizations such as Cristiano Ronaldo, Juventus FC, and even the late Steve Jobs. Additionally, Web3 game lovers are also in for a treat with updates from Delysium, Dracoo World, MetaDerby, MetaSoccer, and many more.
Not to be upstaged, banking institutions such as HSBC and Mastercard, along with the Federal Reserve are also trying to venture further into digital currencies.
Let’s delve deeper into the latest developments in Web3.
- Crypto payments in Web3 payment company Circle’s stablecoin USDC is now available for crypto-native businesses on Apple Pay. The recent development allows customers to buy cryptocurrencies on the platform, as well as enable payments for non-crypto users (CG).
- Bored Ape Yacht Club creator Yuga Labs plans to donate a CryptoPunk Non-Fungible Token (NFT) to the Institute of Contemporary Art, Miami (ICA Miami). The donation is part of the Punks Legacy Project. Basically, the initiative aims to bring the collection to contemporary art museums worldwide (FC).
- International football superstar Cristiano Ronaldo is set to launch his first NFT collection on November 18. The project is part of a multi-year partnership with leading crypto exchange platform/blockchain infrastructure provider Binance (PRN).
- Japanese video game conglomerate Square Enix recently partnered with upcoming trading card game Cross the Ages as a strategic investor. The project has minted half a million NFT cards in October, and also has the backing of Animoca Brands and Ubisoft, among others (BZ).
- Modern arcade platform Polycade has partnered with video game pioneer Atari to launch the “Polycade Limiteds” Web3-based art project. For this collaboration, well-known artists will “reskin” select Atari games and release them as “digital cartridges” on the Ethereum blockchain (VB).
- Layer-1 blockchain Aptos is forming a partnership with South Korean game developer NPixel (creators of Gran Saga, Chrono Odyssey). The collaboration aims to bring Web3-based services to millions of NPixel consumers (VB).
- Play-to-Earn (P2E) NFT game Monsterra has drawn in over 300,000 players, after its launch 2 months ago. Combining elements of Axie infinity and Clash of Clans, the project runs on BNB, Avalanche, and Terra ecosystems (BSCN).
- AAA open-world game Delysium has announced plans to hold a “Playtest Fest” in Istanbul, Turkey On November 17. Interested gamers can visit the game’s booth at the W3E championship in ESA Esports Arena to join the project’s offline LAN games for Season 1 (TW).
- The World Cup is just around the corner and the excitement has reached a feverish pitch. Meanwhile, Polygon-based collectible football management game MetaSoccer is holding its 13th Summer League Tournament from November 15-21 (TW).
- Web3 deck-building game Dracoo World joins the football craze as well with its own Dracoo World Cup campaign, which will kick off on the 17th of November. Basically, participants will bet on the outcome of the matches in FIFA’s upcoming international football championship in Qatar (M).
- Avalanche-based racing/breeding game MetaDerby has launched a “Horse Name Game Campaign.” The competition will accept entries from November 15-18, and will give away 10,000 $HOOF rewards and racehorse NFTs to the winners (M).
- Battle royale game Mighty Action Heroes has opened allowlist applications for the Big Bear Syndicate NFT project, which will start minting on November 26. Early applicants will get the chance to mint ahead of the public phase (TW).
NFTs and Metaverse
- Apple co-founder Steve Jobs’ Birkenstock sandals, which the late former CEO wore in the mid-70s, recently sold for $218,000. The sale also came with an NFT image of the footwear (NPR).
- French automobile manufacturer Renault has announced that it has built an industrial metaverse of its production activities. According to the company, the application of the technology will help them save an estimated $330 million by 2025 (BC).
- Turin-based football club Juventus FC wins in a legal battle involving NFT trademarks. The Italian court’s ruling forbids blockchain platform Blockeras from offering products using the team’s trademarks (TFL).
- NFT fraud detection firm Yakoa has raised $4.8 million in a funding round. The project received backing from the likes of Collab+Currency, Brevan Howard Digital, and Volt Capital. The company will use the capital to build tools to fight against intellectual property (IP) scams in the space (TC).
- Metaverse investment platform vEmpire DDAO is hosting its 2nd metaverse party on popular virtual world Decentraland. The event will feature a live CryptoKings (NFT collection) shill tank episode, as well as a DJ set by BBC Radio 1’s Luke Franks (TW).
- The island nation of Tuvalu has announced plans to create a digital version of the Oceanian subregion. The country, which is facing threats of rising sea levels, will become the first digitized state in the metaverse (INQ).
More From the Blockchain
- French cosmetics company Clarins has unveiled a blockchain-based platform called ‘T.R.U.S.T.’ The luxury beauty brand aims to use Web3 technology to share full information on their products’ ingredients and manufacturing process (FU).
- Top European startups are set to join investors and the Web3 community, at the upcoming “Next Block Expo 2022.” Focused on providing networking opportunities, the conference will take place in Berlin, Germany from November 23-24 (CS).
- Following the success of the World Blockchain Summit Dubai in October, the conference is set to take the stage once again. This time, the event’s 23rd edition will take place at the Athenee Hotel in Bangkok, Thailand, from December 8-9, 2022 (YF).
- “Holistic” venture platform Modus has launched its venture capital fund Modus Africa. Basically, the project aims to support blockchain and artificial intelligence (AI) startups across the sub-Saharan region in Africa (TC).
- Recently, a group of U.S. banking institutions that include HSBC, Mastercard, and Wells Fargo, launched the “Regulated Liability Network.” Basically, the experimental project is a proof-of-concept digital money platform that the banks are working in conjunction with the Federal Reserve (DC).
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