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Ultra Games, a well-established Web3 gaming startup, is making waves with its upcoming marketplace launch. Scheduled for April 25, the platform brings a unique twist to the gaming industry: the ability to resell digital games on a secondary marketplace. This innovative feature, combined with a diverse range of games and strong industry partnerships, positions Ultra Games as a frontrunner in the gaming world.A Gaming Ecosystem Designed for the FutureSince its inception in 2018, Ultra has been hard at work developing its gaming ecosystem. The Ultra layer-1 network, a fork of the EOS blockchain, has evolved to include products such as…
NFT The Japanese government may push to adopt non-fungible tokens (NFTs) in the sports industry. Nikkei reported that Tokyo could move after the ruling Liberal Democratic Party Web3 “Digital Society Promotion” team issues a white paper on the matter. The white paper is yet to be published, but sources appear to have discussed the matter in detail with the media outlet. The white paper, Nikkei explained, will seek to clarify the regulatory picture for NFT-issuing firms and their potential sporting partners. How Could Japan Use NFTs in Sport – And What Are The Problems? The Web3 team has noted that…
Get ready, fashion lovers! Gucci is teaming up with the Bored Ape Yacht Club (BAYC) on an exciting new metaverse venture. This partnership combines elegant Gucci gear with the NFT community’s fictional characters and storylines, making an impact in the world of digital luxury.A Chic Journey to OthersideStarting on April 6th, Gucci joins Yuga Labs’ immersive virtual world, Otherside. In this game-like realm, stylish creatures called Kodas roam the land. Lucky Ape and Mutant Ape NFT holders got first dibs on these digital plots, using the native ApeCoin to secure their spot.Welcome to Otherside: Relics by Gucci, the latest project…
NFT A cryptocurrency developer published documentation for a Bitcoin extension that will allow Ordinals to be used in a way similar to Ethereum-based NFTs on April 6. BRC-721 adds collection standard and more Bitcoin Ordinals currently do not provide a universal way to combine items into collections. Instead, this depends on the particulars of various services and wallets. In light of those limitations, BRC-721 — also called the Ordinals Collection Protocol — is under development. The extension’s pseudonomyous developer Poyo suggests that BRC-721 could become a decentralized standard, writing: “Imagine if all the marketplaces would pick up new collections instantly…
NFT Crypto data website CoinGecko has released survey findings indicating that the majority of nonfungible token (NFT) holders own 51 or more NFTs, while those who only hold a single NFT comprised the smallest group among the respondents. Published on April 6, the CoinGecko report examined 438 responses from Dec. 2022 to Jan. 2023 in conjunction with Blockchain Research Labs. At least 1 in 4 NFT holders (26.5%) said that they are “avid collectors” with 51 or more NFTs at the time of the survey, with the report noting this group likely represents people who are the most enthusiastic about…
Digital storytelling pioneer, Fragment Studios, has secured the services of legendary game designer, Richard Garfield, as an advisor for its upcoming Applied Primate MegaForce game. This groundbreaking collaboration will look to turbo-charge development of the title, while also leveraging ideas from one of the world’s most celebrated names in tabletop gaming.The partnership will see Garfield and his consultancy firm, Three Donkeys, play an advisory part in guiding the game through its next phase of development. Essentially, incorporating the level of detail and tactical nous that brought success to Garfield’s runaway hit, ‘Magic: the Gathering.’Offering a wide gaming ecosystem rich in…
Epic Web3 battle game, Wildcard, has announced the release of its first asset, the WildPass, available to mint on April 20, 2023 exclusively on Magic Eden’s Launchpad platform. The WildPass will unlock the door to the Wildcard Universe, providing access to exclusive opportunities including lifetime allowlist eligibility and more great utilities.Wildcard’s Genesis Mint is made possible through an exclusive new partnership with Magic Eden and the Polygon blockchain. Fans of the game will get their chance to acquire one of 4444 pieces of Wildcard history on April 20, 2023, each minted on the Polygon network.WildPass Utilities will include:Holder-only airdrops.Exclusive private…
Blockchain Matter Labs, the team behind Ethereum layer 2 scaling solution zkSync, has denied that 921 Ether (ETH) worth $1.7 million will be stuck forever in one of its new projects. The statement comes as one zkSync project is currently experiencing issues in transferring the funds that it accumulated during its token sale. In a response tweet, Matter Labs confirmed that they’re working to solve the problem and will soon publish a detailed update. Not stuck forever. We are working with the team to help them solve the problem and will publish a detailed update in a bit. Tune in.…
NFT In his lifetime, David Bowie—widely considered one of the most influential musicians of the 20th century—produced a prodigious catalog of 27 studio albums, 11 live albums, 4 soundtracks, and 128 singles. But it appears that the singer-songwriter, who passed away in 2016, still has one song left to sing. On Thursday, Gala Music, an offshoot of Web3 startup Gala Games, announced a partnership with music producer Larry Dvoskin and publisher Warner-Chappell Music to release a never-before-heard version of Bowie’s hit 1983 song “Let’s Dance” via a limited series of NFTs. On April 14th, 40 years to the day after…
Blockchain It’s been a problem since the inception of distributed ledgers. Layer-1 blockchains are slow, expensive to operate and difficult to scale. One of the solutions to this challenge emerged in the form of zero-knowledge rollups — or ZK rollups — a key tool for easing many of the issues faced by layer-1 networks. Now, all kinds of improvements to rollups are supercharging speed and lowering costs, with Sovereign rollups in particular carving a new path forward. Sovereign Labs Chief Technology Officer Preston Evans spoke to Blockworks about the significant advantages of Sovereign rollups on a recent episode of 0xResearch.…
