Puma, Gutter Cat Gang and LaMelo Ball team up to release NFT sneakers — link
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📣 Transcosmos launches a Metaverse Fan Community with QON
transcosmos inc. is delighted to announce that the company launched MINNA-NO Metaverse Community with QON Inc. (Headquarters: Minato-ku, Tokyo; Representative Director & CEO: Takashi Takeda), on June 1, 2023. As the name indicates, a metaverse fan community, MINNA-NO Metaverse Community, welcomes everyone including those who enjoy the metaverse experience every day as well as those who know nothing about the metaverse. MINNA-NO Metaverse Community opened in KIZUNA-NO Community, or community built on strong Bonds. KIZUNA-NO Community is an online fan community platform launched in January 2020, and is operated by QON. Today, more than 40 companies and local governments and over two million consumers come together on the platform, interacting on various events and activities on the theme of KIZUNA – Bonds. Members can not only enjoy collaborative plans between member companies and organizations, but also events planned based on the voice of consumers gathered through two-way communication for co-creating value.
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MakerDAO purchases $700 million in Treasury bonds, grows holdings to $1.2 billion — link
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Binance Labs, CoinFund lead $10M round for smart contract infrastructure firm Neutron — link
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Metaverse to help tackle global warming: Study
A recent study suggests that the metaverse, a virtual 3D environment where the physical and digital worlds merge, has the potential to contribute to the reduction of global surface temperatures by up to 0.02 degrees Celsius by the end of the century. Published in the journal Energy & Environmental Science, the study highlights the metaverse's ability to lower greenhouse gas emissions, decrease atmospheric carbon dioxide concentration.
The study emphasizes the potential benefits of metaverse-based remote working, distance learning, and virtual tourism in improving air quality. By reducing transportation and commercial energy usage, the metaverse can also contribute to transforming energy distribution, with a greater energy supply directed towards the residential sector.
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Polygon Labs proposes to upgrade flagship sidechain to 'zkEVM validium' Layer 2 — link
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Stablecoin protocol Reserve invests $20M in Convex, Curve and Stake DAO — link
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🖼 Nike’s Airphoria NFT Sneaker Hunt Takes Over Fortnite
Nike, the global footwear and apparel giant, has recently hinted at the possibility of releasing a collection of sneaker non-fungible tokens (NFTs) in the widely popular online game Fortnite. This move would present a potentially massive opportunity for Web3 adoption by traditional gamers, given that Fortnite has had more than 242.9 million active players over the past 30 days, according to Active Player. The announcement was made on June 16 across Nike’s social media channels, stating that the “ultimate Sneakerhunt begins” on June 20. The accompanying video features Fortnite’s logo and Nike’s Air Max logo front and center amidst a backdrop of floating clouds in the sky. Then, the video transitions to reveal the name of the sneaker hunt, “Airphoria,” followed by Nike’s logo for its web3 platform.SWOOSH alongside the logo for Epic Games’ Unreal Engine. Details are currently scarce, but members of the NFT community speculated that Nike may have built an NFT-related game using Fornite Creative 2.0, which essentially enables users to create their virtual island game maps using Fortnite assets.
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Curve opens vote to add WETH collateral for crvUSD stablecoin with $200M debt ceiling — link
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Etherscan unveils AI-fueled Code Reader tool to analyze smart contract code — link
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Aave community rejects Gauntlet’s proposal to freeze CRV tokens on V2 — link
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L2Beat estimates that the transactions per second (TPS) achieved on all Layer-2 networks combined is 3.8x the daily average TPS of Ethereum — link
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⚡️ Sotheby’s 3AC Bankruptcy Auction Nets $11 Million In What Might Be Final Hurrah for NFTs
After the founders of a crypto firm called Three Arrows Capital purchased a coveted Dmitri Cherniak NFT for $5.8 million in August 2021, they kept a printed version of the digital artwork in their Singapore offices — behind the billiards table and slightly left of the coffee creamer. That carefree attitude appeared to have extended to the doomed hedge fund’s portfolio, as the world realized last year when Three Arrows Capital declared bankruptcy and its founders. On Thursday evening, some 40 digital artworks were offered in the second part of Sotheby’s “Grails” sale, dedicated to works owned by 3AC. Thursday’s sale ultimately raised just under $11 million with buyers’ fees, more than double the sale’s high estimate of $4.8 million. The centerpiece of the auction was Cherniak’s prized artwork, “Ringers #879 (The Goose),” now displayed on a proper gallery wall instead of a countertop beside the Nespresso machine. The generative artwork, which seems to defy the randomized logic of its algorithm by resembling a bird, sold for $6.2 million after nearly 10 minutes of lively bidding to 6529 NFT fund, which belongs to punk6529, a frequent buyer of blue-chip NFTs who hides his identity behind a Twitter handle.
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NFT creation platform Zora launches creator-focused layer 2 — link
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OpenSea volume was below 1800 ETH on Sunday for the first time since July 2, 2021 — link
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Struct Finance rolls out customizable interest rate product for DeFi users — link
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DeFi infrastructure startup Maverick Protocol bags $9 million raise — link
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DAI’s reliance on USDC continues to fall as MakerDAO governance approves important protocol changes — link
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📣 India's metaverse platform Bharatmeta receives global recognition at VivaTech in Paris
India is poised to become a major player in the metaverse technology landscape, as showcased by Kiya.ai, an India-based company specializing in Artificial Intelligence and emerging technology solutions. At the prestigious VivaTech event held in Paris 2023, Kiya.ai unveiled its version of the metaverse called Bharatmeta, making it the first of its kind from India. The demonstration took place at the India Pavilion during the event ‘VivaTech’ , which is recognized as Europe's largest annual technology and startup gathering. With a presence in 12 global offices, Kiya.ai serves more than 550 enterprises across 56 countries, including South-East Asia, Africa, the Middle East, Europe, and North America. While talking to ANI, Rajesh Mirjankar, the Managing Director and CEO of Kiya.ai, explained that while existing global platforms primarily focus on gaming and virtual goods, his company's emphasis is on enabling the commerce of both physical and virtual products. This unique approach allows real businesses to embrace metaverse technology and leverage its potential. The metaverse refers to a multi-dimensional digital space that employs virtual reality and augmented reality to provide lifelike experiences to users online.
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Compared to the costs of deploying code and transactions to Ethereum directly, rollups have saved end-users and Dapp developers over 99% on gas fees — link
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Basic terms and terminologies in NFT|Metaverse
OS
OS is shorthand for OpenSea, the leading NFT marketplace on Ethereum.
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Cosmos DEX Osmosis cuts token inflation by 50%, plans fee sharing in OSMO 2.0 update — link
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NFT lending platform Blend has outperformed competitors, doing $365M in volume in May alone — link
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BNB Chain launches EVM-compatible Layer 2 network opBNB on testnet — link
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Clay Nation: The First Cardano-Based Project To Join The Sandbox Metaverse
Clay Nation partners with The Sandbox as the first Cardano-based project, welcoming web3 participants to the metaverse. Cross-chain PFP-avatar collection interoperability allows Clay Nation Cardano NFT holders to integrate their avatars into The Sandbox, offering unique in-game experiences. The collaboration brings Sonic Sands, an immersive world of music, collectibles, and creativity, with mini-games and vibrant social spaces for players to explore.
This means merging two captivating worlds. Imagine crafting unique wearables and sought-after items using in-game resources or browsing the vibrant in-game merch store for exciting additions.
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Frax founder supports proposal for 'aggressive' FXS token buybacks — link
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📣 Decentraland And Polygon Join Hands To Host An NFT Music Festival In The Metaverse
Decentraland, the popular 3D virtual world on-chain browser-based platform, has partnered with Polygon Labs, the team behind an Ethereum scaling solution network, to host their annual non-fungible token music festival in the metaverse. In a June 16 site publication, Polygon Labs, a digital asset incubation studio, confirmed ready plans to host its annual music festival this Saturday. Polygon Labs has partnered with Decentraland to host the NFT music event in the mataverse this week. The highly anticipated music festival will bring together more than fifteen music producers and artists in the metaverse and fuse them with more than 5 million meterverse users globally.The metaverse music event will showcase the exceptional talents of renowned musicians, including Green Ring, a digital artist who makes melodic music; Felice LaZae, a boundary-pushing producer, musician, and performer and Lucy Crow, an Italian singer, and songwriter. Other will include Genesis Barrios, a Cuban-American artist, producer, and Software engineer; Shefali, an electronic music producer and vocal artist; Violetta Ziloni, a web3 artist; and Xena Mars, the secretive break core acceleration artist.
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