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2022-09-14 23:10:06 PlayStation Stars Will Receive NFT Digital Collectibles

Sony held a State of Play event where it gave a glimpse of the first “digital collectibles” that will be offered as rewards for the PlayStation Stars loyalty program. However, Sony has insisted that these collectibles are not non-fungible tokens (NFTs). The PlayStation Stars program was unveiled during the summer. At the time, Sony said members would earn points and digital collectibles. The earned points could be used to buy products from the PlayStation Store or go towards in-game purchases. According to Sony, the program will be released in some regions in Asia towards the end of this month. The program will later be rolled out in the US and Europe.

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2022-09-13 22:35:08 Reddit's Ohanian, FTX Ventures Join $54M Raise in NFT Project Doodles

Popular NFT project Doodles has announced a $54 million fundraise led by Alexis Ohanian’s venture capital firm 776, with additional participation from Acrew Capital, FTX Ventures, and 10T Holdings. Since minting in October 2021, the 10K NFT collection has become known for its bright-colored, pastel-toned characters ranging from humans and flame-heads to skeletons. Having already penned a deal during this year’s NFT NYC to make musical icon Pharrell Williams their new Chief Brand Officer, and after recently deploying its popular second collection, “Doodles 2,” the NFT collection now has fresh funds to continue its expansion. On the hiring front, Doodles have outlined its vision to expand the core team from 11 to 30 employees, including a suite of managerial roles, including Head of Finance, Head of Business Affairs, Head of Marketing, and Social Media Manager, among others.

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2022-09-12 21:50:11 DraftKings announces Steve Aoki as NFT brand ambassador

Aoki will promote the digital marketplace, with a particular focus on DraftKings Reignmakers franchise, a series where users buy and trade NFT player cards to be used in fantasy sports-style contests, where players compete against each other for cash prizes. Aoki will cooperate on and promote digital collectibles in the DraftKings Marketplace, with Aoki’s first group of products, Aoki 2022 All-Star Access Pass, set to be released on 14 September. DraftKings co-founder Matt Kalish commented on the announcement: “Steve Aoki is globally recognized for his contributions to the music industry and more recently, for his involvement with digital collectibles. I am excited to welcome him to the DraftKings family.”.“Having him on board will provide us with a refreshing perspective for future, community-driven projects, and I look forward to bringing new experiences to our customers and to Steve’s fans.”.

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2022-09-11 23:29:02 NFT mints on Solana have surged to an all-time high

Activity is surging around Solana-based NFTs despite an overall tepid market for so-called non-fungible tokens. The Block Research's Data Dashboard shows that the number of NFTs minted on Solana — or the number of new NFTs created on its blockchain — surged to a high of 312,000 on Sept. 7. That figure represents a significant increase compared to the 39,000 on Sept. 4. At the same time, Solana-based NFT volumes have risen, with the total volumes across marketplaces hitting $11.5 million on Sept. 6 — the highest level since May. Magic Eden, which launched as a marketplace dedicated to Solana NFTs, has seen its market share grow from 12% at the beginning of September to 36.6% on Sept. 7. The heightened activity around Solana-based NFT trading represents a bright spot in the broader NFT market. Volumes across popular NFT marketplaces have failed to recover from a precipitous drop earlier this year.

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2022-09-10 21:40:11 Russia’s Sberbank to Allow Users to Issue NFTs on Its Blockchain Platform

Recognizing existing demand for non-fungible tokens, or NFTs, one of the largest banks in Russia, Sberbank, now intends to allow users to issue them on its blockchain platform. The financial institution also plans to cooperate with art sites and galleries across the country. An option providing users with the chance to issue their own non-fungible tokens should appear on Sberbank’s blockchain platform in the fourth quarter of the year, the bank’s Deputy Chairman Anatoly Popov unveiled during the Eastern Economic Forum in Vladivostok. The high-ranking executive added that the Russian banking giant plans to start cooperating on projects with art sites, galleries, and potentially sports organizations for NFT releases related to games and tournaments.

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2022-09-09 22:01:26 European Union plans to combat counterfeiting with NFTs by 2023

As part of its efforts to combat the counterfeiting of real-world goods, the European Union (EU) has revealed that it is developing a strategy that would use blockchain technology and non-fungible tokens (NFTs). The Intellectual Property Office of the European Union will be responsible for designing the system that has been suggested, which is the culmination of almost five years of labor. The owners of intellectual property (IP) will issue digital tokens, (twin NFTs,) to demonstrate that a set of manufactured goods are genuine. In order to build these items on the tracking blockchain, the holders of these intellectual property rights will first need to be incorporated as authorised signatories. The system will therefore make it possible to trace the supply chain as the items are moved through the various checkpoints, so enabling the owners.

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2022-09-07 18:30:21 OnePlanet Completes Migration to Polygon, Aiming to Become Top Gaming NFT Destination

Over 60 Terra-based NFT collections will be migrated to the Polygon sidechain network, giving them a new home after the original Terra blockchain collapsed in May. OnePlanet had immediately secured a new partnership with Polygon Studios, which provided technical and financial support through a Terra Developer Fund initiative. After the necessary preparations, which included rewriting the original code to make it EVM compatible, OnePlanet is now ready to facilitate the merging of the rich Terra NFT ecosystem with Polygon, one of the market leaders for gaming and NFTs. The Polygon deployment will be launched in Beta mode on Sep 6. Existing Terra NFT collection holders will be able to seamlessly migrate to Polygon and continue managing them in a new environment.

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2022-09-06 22:56:03 Renault Inks Partnership With The Sandbox to Bring Automotive Experiences to the Metaverse

The Korean subsidiary of Renault, a historic brand in the automotive industry, is establishing a partnership with The Sandbox, an Ethereum-based metaverse platform, to enter the metaverse space. With this partnership, Renault Korea’s objective is to establish its brand presence in the metaverse and to present Renault-based virtual automotive experiences to customers. Renault, one of the biggest automotive companies in the world, has signed a partnership with The Sandbox to be present in its virtual metaverse world. The Korean subsidiary of the organization will be responsible for this, establishing the brand presence in the space through a series of automotive-related activities to introduce virtual customers to the products of the company. These automotive experiences aim to enrich The Sandbox platform and allow Renault to reach a more ample audience.

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2022-09-05 21:50:07 French Hermes reveals plans for metaverse fashion shows

French luxury design brand Hermes is reportedly mulling over entering Web 3.0 after submitting a trademark application encompassing cryptocurrencies, non-fungible tokens (NFTs) and the metaverse to the US Patent and Trademark Office (USPTO) recently. The trademark includes downloadable software to view, store and manage virtual goods, digital collectibles, cryptocurrencies and NFTs “for usage in online worlds,” according to the filing. It also registered trademarks for retail shop services displaying virtual goods, offering an online marketplace for buyers and sellers of virtual goods, hosting fashion and trade events in virtual, augmented or mixed reality environments, and representing virtual goods, US media reported.

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2022-09-04 22:54:02 Meta Rolls out Immersive Learning to Select Universities as Part of Metaverse Push

The Meta Immersive Learning Project rolled out to ten universities and allows institutions to offer virtual-reality classes through a VR headset. Universities have long considered virtual reality teaching spaces. However, they have been reluctant to adopt the technology due to bulky headsets and engineering costs. For one institution without a physical campus, the University of Maryland Global Campus, Iowa-based company VictoryXR has created a virtual campus with buildings, a grassy lawn, and a pond. According to a university official, students can put on the headset and enter an administration building, where they can chat with the financial aid avatar. Five metaverse courses are being offered this fall at the university, including courses in biology and astronomy.

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