Web3 gaming is progressing as new projects continue to receive investments and attract funds. New player Fenix Games has raised $150 million in funding to establish as a new Web3 gaming publisher.
Web3 gaming is progressing as new projects continue to receive investments and attract funds. New player Fenix Games has raised $150 million in funding to establish as a new Web3 gaming publisher.
Yuga Labs, the owner of the NFT collections Bored Ape Yacht Club and CryptoPunks, announced that it will be donating a CryptoPunk to the ICA Miami as part of its new Punks Legacy Project.
Sportswear giant Nike has launched .Swoosh, a new Web3 platform that will be used to buy, sell, and trade virtual Nike pieces such as apparel and shoes for games and immersive experiences.
BAYC NFT prices have been down significantly in recent weeks. This price drop has not only affected NFT traders, but also celebrities, like Justin Bieber. Bieber bought an average NFT for $1.3 million, and now it’s worth a tiny fraction of what he paid for.
After the FTX liquidity crunch crypto prices are down, which is affecting the NFT market. “Blue chip” BAYC NFTs are seeing sinking prices as ETH falls and owners potentially panic-sell their assets.
The creators of move-to-earn game StepN, Find Satoshi Lab, launched an Ethereum and Solana NFT marketplace called MOOAR. It enforces creator-set royalties and has a monthly subscription fee.
