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Following the grand success of its maiden tournament, the NFT World Cup returns with added zeal, showcasing 32 superior NFT projects and opening its doors for WAX projects for the first time. So, watch out for August 27, and get ready for the action to commence!The masterminds behind the Metaverse platform, Intraverse, are bringing these NFT avatars to life alongside the Metaverse Discord game, Aphelium. Each digital asset will morph into a gamified character to battle in numerous street-fighter games and join social activities. The winner of the games will be rewarded with a whopping $5230 worth of ETH and their…

In our exclusive interview, I had a conversation with Koichi Hatta, founder of marumaruNFT, where we delved into the truly distinctive Japanese culture. Hatta shared with me an intriguing tradition involving visiting nightclubs accompanied by a hostess or host to drink for a fee, and how the NFT industry intertwines this real-world culture with the metaverse. Let’s delve deeper into this fascinating topic. U.Today: Mr. Hatta, thank you for your time. Could you please provide us with some information about your background? What sparked your interest in NFTs? Koichi Hatta: I used to be in a position to make a…

Yuga Labs’ first big swing at gaming was already a success, but now the web3 studio best known for creating the Bored Ape Yacht Club NFT collection said its latest video game Forge is retaining twice as many users as the previous title. “For Forge, the retention rate is two times that of Dookey Dash, with a day 10 retention rate of 42%,” Yuga Labs Chief Gaming Officer Spencer Tucker told The Block. Tucker joined Yuga about a year ago after previously working at the mobile gaming studio Scopely. Yuga launched Dookey Dash earlier this year and generated more than…

Amazon has teamed up with Mojo Melee, an NFT game on the Ethereum scaling network Polygon, to provide exclusive NFT rewards to its Prime subscribers. The partnership allows Amazon Prime Gaming members to claim an NFT for the champion character Gwyn Rockhopper and receive 885 in-game Ore, a non-crypto currency, when they create a new player account in Mojo Melee.Mojo Melee offers a unique take on the popular “auto battler” genre, combining elements of chess and real-time strategy games to create a fun and casual gaming experience. Playable through web browsers and an Android app, the game provides easy access…

Gala Games, a prominent company in the world of Web3 gaming, has teamed up with Elixir Games Launcher, a distribution platform, to expand the accessibility of its blockchain-based games. The collaboration seeks to promote top blockchain games and provide a broader audience with the opportunity to experience these innovative titles. The partnership kicks off with the introduction of Town Star and Spider Tanks to the Elixir Games Launcher, with plans to include more games in the future.Engaging Gaming Nights and Exclusive PrizesElixir Games Launcher will host exciting weekly gaming nights featuring exclusive prizes and special guests from Elixir Partners, a program that…

A social network turned Web3 creators portal that managed to work with some of the biggest names in entertainment announced that it was shutting down today. Nifty’s was backed by preeminent businessmen Mark Cuban and Joe Lubin in 2021 with a $10 million raise that included investors like Coinbase Ventures and Dapper Labs. Thanks to a deal with entertainment giant Warner Bros., Nifty’s came out of the gate offering NFTs based on the 1996 film “Space Jam,” featuring sports stars like LeBron James and various Looney Tunes characters, to promote a 2021 sequel. The platform—which has no connection to the…

GameStop has decided to terminate its cryptocurrency wallet program. This decision is largely attributed to the escalating “regulatory uncertainty” in the crypto landscape.In an alert posted on its official website, the company stated that its iOS and Chrome wallet extensions would no longer be available after November 1. This announcement aligns with previous statements made during an investor earnings call where it was revealed that GameStop would cease the company’s cryptocurrency-related activities.GameStop has urged customers to record or recover their secret passphrases by October 1. The company explained: “Any customer with access to their Secret Passphrase has the ability to…

In this week’s newsletter, read about why the food and beverage nonfungible token (NFT) market is set to exceed $2 billion by 2032, check out the Bruce Lee avatar that has made its way into the metaverse, and how the British Museum uses the virtual universe to teach world history. In other news, find out how NFT-styled debit cards can be the future of Web3, and don’t forget this week’s Nifty News, featuring Yuga Labs acquiring a metaverse studio. Here’s how big food and beverage brands are using NFTs: Report A report by Research and Market predicted that the global…

Mojo Melee, an NFT game built on Ethereum scaling network Polygon, has partnered with retail giant Amazon to give away NFTs for Amazon Prime subscribers. The first offering, available now via the Amazon Prime Gaming portal, is a free package that includes an NFT and in-game currency to Prime subscribers who create a new player account for Mojo Melee. The pack includes one NFT for champion character Gwyn Rockhopper as well as 885 Ore—a non-crypto, in-game currency. According to Mojo Melee developer Mystic Moose, the character is offered as an NFT right out of the gate, whereas Mojo Melee’s in-game…

The artist who created the most expensive non-fungible token (NFT) ever sold has finally made his first profile-picture (PFP) NFT purchase. On Tuesday afternoon, Mike Winkelmann, better known as Beeple, bought CryptoPunk #4953 for 113.7 ETH, which cost him $208,000, according to data from Etherscan. Last week, Beeple posted a tweet sharing he was “in the market for a punk,” claiming he had “never actually purchased a single PFP.” Several days later, he asked his followers what the best traits were for his punk purchase. While Beeple didn’t immediately confirm he purchased the punk, CryptoPunks Brand Lead Noah Davis posted…