Crypto exchange giant Coinbase will provide the infrastructure for gaming entertainment firm Enthusiast Gaming to build out its blockchain-based gaming offerings. Coinbase will provide Enthusiast Ga...
Tag: Gaming and Metaverse
Puma launches metaverse Black Station to showcase sneaker NFTs
Puma launched an interactive metaverse space called Black Station to showcase limited edition NFTs of its sneakers. The sneaker NFTs are part of the German athletic brand’s “Futrograde&#...
HQ Trivia’s NFT reinvention scores $7 million seed round
Internet Game, a project that has described itself as ‘HQ Trivia meets NFTs,’ has raised $7 million in a seed funding round. Investors in the seed round include HQ Trivia co-founder Rus Y...
The Meteoric Rise of DigiDaigaku
August 30, 2022, 2:08PM EDT • 4 min read Quick Take DigiDaigaku has burst onto the scene and has captured NFT traders’ attention amidst dire market conditions With a +4,292.9% WoW increase in daily tr...
Web3 gaming firm Limit Break raises $200 million across two rounds
Limit Break, a startup building web3 massively multiplayer online (MMO) games, raised $200 million over two rounds of venture funding. The chair of mobile gaming firm Mino Games, Josh Buckley and in...
An Overview of NFT Pricing
August 29, 2022, 10:52AM EDT • 13 min read Quick Take In light of the rapidly expanding NFT finance market, mechanisms to accurately reflect NFT prices are gaining importance With the idiosyncratic na...
UTA’s head of web3 on NFT representation
Episode 80 of Season 4 of The Scoop was recorded remotely with The Block’s MK Manoylov and Lesley Silverman, Head of Web3 at United Talent Agency. Listen below, and subscribe to The Scoop on App...
NFT marketplace volumes fell further in August
The latest non-fungible token (NFT) marketplace data show that the summer volume doldrums continued through August. The volume for this month is, as of August 24, $369.53 million, according to The Blo...
Eminem, Snoop Dogg to perform metaverse-themed song during VMAs this month
Rap giants Eminem and Snoop Dogg will perform their metaverse-styled song “From The D 2 The LBC” at MTV’s VMAs this month. “Global rap icons Eminem and Snoop Dogg will transfor...
The State of Crypto Gaming
August 25, 2022, 9:54AM EDT • 11 min read Quick Take The market capitalization of the top 50 GameFi tokens declined by over 60% between January and August 2022, roughly equivalent to the decrease in t...
Beijing lays out plan for metaverse development in tech development zones
Beijing released a new plan for developing “metaverse” technologies and NFTs. The municipal government detailed its two-year “Beijing Urban Sub-Center Metaverse Innovation and Develo...
Baby Shark creators announce second NFT drop
Just when you thought it was safe to dive back into the metaverse, the makers of Baby Shark announced a second non-fungible token (NFT) collection based on the franchise. Doo-doo-doo-doo-doo-doo. The ...
Ready Player Me raises $56 million from a16z and others
Ready Player Me, a platform that allows people to create virtual avatars that can be used across the metaverse, has raised $56 million in a Series B funding round amid the crypto funding slump. Andree...
Here’s how Rally is ‘democratizing’ ownership of a rare Noun NFT
In a market that values rarity above all else, Nounders Noun NFTs stand out. So Rally decided to break one into pieces. Rally, a firm that creates fractional shares of valuable physical and digital a...
Phygital NFTs: The Physical-Digital Nexus
August 19, 2022, 1:15PM EDT • 14 min read Quick Take “Phygital NFTs” enable a holistic product experience by blending physical and digital elements Typically, the NFT is burned when its owner decides ...
NFT analyzer Zash partners with Binance to build out NFT data products
Zash, a firm tracking on-chain and social non-fungible token (NFT) data for enterprise use, announced Tuesday that it has partnered with the crypto exchange giant Binance. Through their partnership,...
Initial Look at Game Design
August 16, 2022, 10:02AM EDT • 10 min read Quick Take Illuvium is a digital collectible card game (CCG), similar to the classic Pokémon game. Illuvials are Pokémon-like creatures that can be discovere...
An NFT AMM set 0% royalties, raising concerns about artist compensation
Sudoswap, a decentralized marketplace for non-fungible tokens (NFTs), sparked controversy with its automated market maker (AMM), with chatter about the potential consequences of its fee structure reac...
New Cronos-based NFT platform Minted inks partnership with Crypto.com
Minted, a non-fungible token (NFT) marketplace accelerated by Cronos Labs, launched on Thursday and said it had entered into a tie-up with exchange giant Crypto.com. While other NFT marketplaces exist...
Tiger Global joins $12 million funding round for gamer infrastructure startup Lysto
Lysto, a blockchain startup that is building verification tools for gamers, has raised $12 million in a pre-Series A funding round. Sharing the news exclusively with The Block on Tuesday, Lysto said v...
Tiffany sells out all 250 ‘NFTiffs’ for about $50,000 each
American luxury jewelry retailer Tiffany & Co. debuted and sold out all 250 non-fungible tokens (NFTs) on Friday in about 20 minutes. Each NFT sold for 30 ether (ETH), or about $50,000, generating...
Tracking the Latest Trends in NFT Finance
August 5, 2022, 3:11PM EDT • 11 min read Quick Take The NFT finance vertical has seen an enormous uptick in development activity in recent months Collateralized NFT lending generally bifurcates into t...
How a new Ethereum token standard could let you rent out your NFT
In late-June, a new Ethereum token standard called ERC-4907 reached the final stages of development; one which will allow the user to loan out their non-fungible token (NFT). ERC-4907 adds a new role ...
Gucci now accepts ApeCoin through BitPay
Luxury fashion brand Gucci is now accepting ApeCoin payments through BitPay at select stores in the US, according to a tweet on Tuesday morning. ApeCoin is the cryptocurrency affiliated with the Bore...
Tiffany & Co. announces NFT-backed, limited edition CryptoPunk pendants
Luxury jewellery firm Tiffany & Co. is set to sell non-fungible tokens (NFT), which give CryptoPunk holders the right to turn their NFT into a custom pendant, containing gemstones and diamonds. Th...
An expert explains what is — and isn’t — the metaverse
Dozens of different definitions have been posed for the metaverse. Tim McSweeney, CEO of Epic Games, called it “real time 3D entertainment experiences that are social,” while Meta’s president of glob...
SudoSwap: Reconceptualizing NFT Trading
July 29, 2022, 1:41PM EDT • 14 min read Quick Take SudoSwap encompasses an OTC arm and a unique AMM, both geared towards trading NFTs in an efficient manner SudoAMM abstracts away the inherent pricing...
Yuga Labs adjusts Meebits royalty terms to receive 5% cut of secondary sales
Yuga Labs said via Meebits’ Twitter account late Thursday that it will begin taking a 5% royalty fee on secondary sales of the pixelated non-fungible tokens (NFTs), beginning immediately. “...
Meta stock sinks following missed earnings
Meta’s stock was more than 7% lower on Thursday in early trade, following its earnings miss the day before. At the time of writing shares in Meta were trading hands at $156.95, down about 7.7% ...
GSR kickstarts NFT market making project with focus on generative art
GSR, the crypto market maker founded by former Goldman Sachs executives, caused a splash at the start of this year when it laid out a plan to start using algorithms to trade non-fungible tokens (NFTs)...
Wharton School launches metaverse-focused business course
The Wharton School, a high-profile business school out of the University of Pennsylvania, announced the launch of a new course regarding business in the metaverse. The online course is titled “Busine...
Gala Games Part 2: Game Ecosystem Strategy
July 26, 2022, 11:10AM EDT • 13 min read Quick Take The go-to-market strategy of Gala Games is to become a one-stop shop and entry point for Web2 game developers to enter the Web3 gaming space. The re...