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2023-06-07 09:24:04 Twitch Co-Founder's Fractal Launches Tools to Help Devs Build NFT Games

Gaming-centric Web3 startup and NFT marketplace Fractal has announced Fractal Studio, or FStudio, a three-part product the firm says will enable video game developers to more easily add crypto integrations into their titles without having to code. FStudio gives developers the ability to “build,” “acquire,” and “monetize” their projects, according to a statement. Developers will be able to turn in-game assets into NFTs with FStudio.

FStudio users can also add their games to Fractal’s desktop game launcher for app-based games, which already boasts roughly 150 titles. Browser-based games can appear on the Fractal web platform, meanwhile. Over time, Fractal has evolved from being known as a game-focused NFT marketplace on Solana and other networks to being both a Web3 game platform and launcher for users. Now with FStudio, it’s also dipping its toes into developer software. FStudio will allow game developers to host their own tournaments with prize money, create events, conduct giveaways and give players rewards, and create a “crafting” mechanic that allows gamers to earn prizes.

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2023-06-06 11:44:21 GameStop NFT back in the spotlight after partnership with Illuvium

On June 5, Ethereum blockchain game developer Illuvium announced a partnership with video game and consumer merchandise retailer GameStop to debut a 20,000 nonfungible token (NFT) collection starting June 12. According to developers, the "Illuvitars" NFTS are "dynamic collectable works of art, representing a specific avatar of an Illuvial with a distinct expression. Each Illuvitar carries a power rating, determined by its rarity, which helps you climb the leaderboard."

Each "GameStop x Illuvitar D1SK NFT" will contain a unique GameStop-branded "Illuvitar," which developers say possess "108 potential combinations based on six different Illuvials, three expressions, three background stages, and two finishes." D1SKs contain random Illuvitars and accessories and can be traded on the Illuvi decentralized exchange. In addition, NFT holders will be entitled to early access to Illuvium's creature collector games, Illuvium Overworld and Illuvium Arena, and other perks. Cointelegraph reported in February 2022 that GameStop selected Ethereum layer-2 scaling solution Immutable X to power its NFT marketplace.

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2023-06-05 09:21:50 EA is doing some vague nonsense on Nike's NFT platform

Nike, never one to pass up a cynical corporate cash-in, obviously made its own "web3" platform last year, debuting the .Swoosh "digital community experience" in November and selling a bunch of boxes of randomized virtual shoes in its beta period. "Build your collection," it advertises, "Display, trade, or wear your Nike Virtual Creations in video games and immersive experiences.". Now one of gaming's very own cynical corporate cash-grabbers, Electronic Arts, is getting in on the "immersive experiences".

"In future EA Sports titles, EA Sports and Nike plan to make select .Swoosh virtual creations available allowing members and players unique new opportunities for self-expression and creativity through sport and style," it said. My guess is that means you'll get to have your little custom players wear the virtual sneaker designs you bought on Nike's marketplace? They're not very clear, here. The quotes in the press release do a lot of bloviating about "incredible new experiences" and a "commitment to innovation" and "creativity" that's for "fans" and they use the word partnership a lot. Is this NFT and Web3 buzzword bait for investors because both companies want to be seen as innovators, which is also a buzzword? That's my hypothesis.

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2023-06-04 15:31:02 Nunu Spirit Emerging NFT Games Reducing Carbon Footprint Report Launched

Nunu Spirits has released a potentially controversial article, "Are NFTs ruining the environment, or do they offer ways to save it?." The report brings some cause for concern, as it may upset those who believe Blockchain technology can consume significant energy. However, the article highlights the massive efforts Blockchain companies are making to reduce their carbon footprint. Nunu Spirit has provided in-depth articles in the NFT gaming community market for over two years.

Consequently, the 3-minute article examines the high and low points of the ecological impact of blockchain and NFT gaming to provide a different and updated view of how NFT gaming companies positively impact the environment by partnering with organizations that protect wildlife and habitats. The report aims, first and foremost, to present Nunu Spirit to the NFT game community- Nunu Spirit is a game that merges the joy of casual gaming and the earning capacity of blockchain, turning it into ecological action in the form of planting trees. While blockchain and NFT companies have been scrutinized for their energy usage.

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2023-06-03 10:24:31 EA Sports is teaming up with Nike’s NFT sneaker project

EA and Nike have just announced a partnership that will bring select virtual assets created by .Swoosh, Nike’s Web3 marketplace platform, to future EA Sports titles. No specific games have been mentioned, and neither company has provided much information regarding what we can expect, though the creations will include virtual footwear and apparel. But the partnership with EA seems to fulfill promises laid out by Nike back in November when the shoe brand first launched .Swoosh.

NFT drop by .Swoosh sold over $1 million in its virtual goods, despite a series of technical issues and seemingly slow sales, as reported by CoinDesk. The NFT market has otherwise been in steady decline for several months, and previous attempts to integrate blockchain collectibles into video games haven’t been well received by gamers. Notably, EA’s press release does not say the word NFT. Nike has been strangely reluctant to refer to its own blockchain-based digital collectibles as NFTs, despite having acquired RTFKT — a popular NFT studio that specializes in virtual sneakers — back in December 2021.

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2023-06-02 14:14:03 ANA Group To Launch NFT Business

The group behind Japan's All Nippon Airways, ANA Group, has created a Non-Fungible Token (NFT) business. The owner of the largest airline in Japan launched the venture on May 30th through one of its subsidiaries, ANA NEO. A Non-Fungible Token is a unique digital identifier that is recorded on a blockchain, and used to certify authenticity and ownership. Until now, the technology has been mainly used in the fields of art and music.

ANA NEO has also launched an NFT marketplace, named ANA GranWhale NFT MarketPlace, which it will use to begin sales of NFT products, as well as promote its virtual travel platform, ANA GranWhale. The development of ANA GranWhale began in August 2022, and today the platform makes use of virtual reality technology to recreate destinations around the world in the metaverse. The marketplace launched on May 30th with a total of 267 items for sale, including the first NFTs of the digital works of aviation photographer, Luke Ozawa. The price of each of Ozawa's NFTs is ¥100,000 ($717).

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2023-06-01 14:44:02 FC Barcelona launches its first NFT collection in association with Plastiks

Plastic waste is everywhere. It is found in the deepest ocean trenches and on top of the highest mountains. Eight million tons are dumped into the ocean every year, highlighting the need to improve the plastic economy and seek ways to promote a more responsible society in terms of waste and the impact it has on the preservation of the environment. FC Barcelona and Plastiks have joined forces in a partnership that will allow the recovery of at least 1,000,000 kilograms of plastic.

FC Barcelona is one of the most followed teams in the world, with one of the largest communities on social networks of all sports teams. With more than 400 million followers on its different accounts, it is a leader in engagement in the global football industry. Hence the club is eager to empower its community with sustainability solutions based on Web 3.0, in this case with the aim of helping to reduce waste in the environment by combining Barça's NFT vision with a positive environmental impact. More than 8,000 kilograms of plastic waste are produced in a football match. With this first collection, FC Barcelona and Plastiks are contributing to a reduction in plastic pollution of an amount equivalent to the waste from 4 football matches.

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2023-05-31 09:18:40 Popular NFT collections take massive price hit in 2023

Some of the most sought-after nonfungible tokens (NFTs) of 2022 have taken a massive hit in value over the past year. The trend mirrors the depreciating value of metaverse properties in 2023, which were considered top virtual lands for investment in 2022. Investments in top NFT projects, including Doodles, Invisible Friends, Moonbirds and Goblintown, have lost up to 95% of their value in Ether. The value of blue-chip NFT collections alone has fallen down by over 40% on average.

Data from NFTGo shows that the Blue Chip Index went down to 7,446 ETH from its yearly high of 12,394 ETH back in July 2022. Surprisingly, NFT investors remain unfazed by the ongoing decline in value. While some expect further and prolonged depreciation of NFT prices, a handful of investors believe it’s the right time to invest, as they anticipate a comeback. On the contrary, the number of blue chip NFT holders over the past year has increased by more than 90%. During this time, sellers increased by 32% while buyers decreased by 30%. Despite the financial setbacks, the NFT ecosystem continues to draw the attention of new investors. On May 27, crypto skeptic Peter Schiff launched an NFT project on the Bitcoin blockchain via Ordinals.

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2023-05-30 16:34:02 NFT ART DAY ZRH returns to immerse visitors in the worlds of web3 & crypto art

NFT ART DAY ZRH (find more here) serves as a platform for building connections between the traditional art world and the emerging realm of NFTs. The event places a strong emphasis on exploring the intersection of art and NFTs, delving into the innovative possibilities offered by blockchain technology, examining the evolution of historical digital art, analyzing the performance of the digital art market, and examining various other facets of this intricate ecosystem.

On Sunday, June 11, the main conference will take place at Kunsthaus Zürich’s newly constructed Chipperfield building. The conference offers a captivating program featuring talks and panel discussions that delve into various aspects of the NFT field. Key themes to be explored include the current state of the NFT art market, insights into significant artistic practices, the impact of rapidly advancing technologies in the art world, examination of collecting behavior, and artist talks. NFT ART DAY ZRH serves as a platform for bringing together esteemed international thought leaders, experts, artists, curators, and collectors who operate at the intersection of art and technology.

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2023-05-29 14:32:02 Reddit the Only Big Tech Firm That 'Cracked the NFT Code': Polygon Co-founder

Polygon’s co-founder said the social media giant “cracked the code” for NFT adoption, during a recent AMA session on Reddit. Besides sharing pro-crypto and Polygon views like how Web3 will complement Web2 in areas like finance, gaming, and social media, the founder also explained how Reddit managed to win over its community with the launch of its digital collectibles. The social media platform introduced NFTs as “Collectible Avatars” on Polygon in July 2022 via free airdrops and early sales of digital collectibles for up to $100.

Nailwal said that Reddit "is perhaps the only well-known Big Tech company who has cracked the NFT code and they are able to drive a lot of engagement with Reddit NFTs." Polygon represents a multi-chain ecosystem of sidechains that leverage Ethereum's security to provide a scalable application platform. Currently, it supports two public blockchains: Polygon and Polygon zkEVM. Reddit was responsible for adding 3 million crypto users in the first three months following its NFT launch. Over the last ten months, the company has successfully onboarded 9.7 million users to Reddit’s NFT platform, according to a Dune dashboard. Nailwal also said that no other blockchain ecosystems are “fully decentralized,” except Bitcoin and Ethereum.

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