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🖼 NFTS IN VIDEO GAMES THE FUTURE OF IN-GAME ASSETS AND COLLECTIBLES
Non-fungible tokens (NFTs) have gained significant attention in recent years, particularly in the art and entertainment industries. However, their potential impact on video games is arguably even more transformative. As digital assets that represent ownership and authenticity, NFTs offer a new way for gamers to own, trade, and monetize in-game items and collectibles. This article explores the role of NFTs in video games, the benefits and challenges, and what players can do to prepare.
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NFTs | OpenSea | News
🖼 Vendetta Games Launches NFT Crafting System in Chalk River
Web3 game publisher Vendetta Games has launched a new NFT crafting system within its upcoming Wild West-themed RPG title, Chalk River. The system aims to enrich gameplay by offering players more customization options and economic opportunities within the game, allowing players to craft items using materials obtained from Loot Box NFTs, including leather, metal ores, and rare gold nuggets. Players can create both cosmetic enhancements and functional gear, such as improved weapons or character accessories.
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NFTs | OpenSea | News
🖼 NFT investor Animoca Brands eyes going public in 2025: report
Animoca Brands, a blockchain software and investment firm, is reportedly considering an IPO in Hong Kong or the Middle East in 2025 as the region signals its willingness to embrace more crypto investors. In an interview, Animoca Brands co-founder Yat Siu revealed that the Hong Kong-based web3 firm valued at nearly $6 billion in 2022 has already held talks with investment banks. However, it has yet to choose an adviser, Siu added.
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🖼 CryptoPunks leads daily NFT sales with over US$1.34 million
CryptoPunks topped CryptoSlam’s daily NFT chart on Tuesday with US$1.34 million in sales. This surge in sales was driven by six unique buyers and sellers, with an average price of US$224,950 per NFT. The second-ranking collection for the day was NodeMonkes, a Bitcoin collection that saw a total of US$881,042 in sales across 84 transactions, involving 72 unique buyers and 60 sellers.
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NFTs | OpenSea | News
🖼 Marc Cuban wallet seen dumping NFTs after 2 years of inactivity
A crypto wallet belonging to billionaire Marc Cuban was spotted selling non-fungible tokens (NFTs) after being inactive for almost two years. On June 23, the American investor’s wallet with the Ethereum Name Service (ENS) domain “markcuban.eth” began dumping NFTs. The works ranged from EulerBeats Genesis and DeepBlack NFTs to Pudgy Penguins and Wrapped MoonCats.
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NFTs | OpenSea | News
🖼 RWA platform Swarm Markets to offer tokenized gold via NFTs as MiCA stablecoin rules begin
With a little more than one week before the EU's Markets in Crypto-Assets Regulation's (MiCA) stablecoin rules take effect, one real-world asset (RWA) platform sees a way to offer an asset-backed toke: issuing a gold-backed NFT. Berlin-based Swarm Markets is planning to let individuals purchase NFTs that represent ownership of physical gold, according to a release shared with the block. The gold bars undergirding the tokenized assets will be held in a London-based Brink's vault.
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NFTs | OpenSea | News
🔫 University Of Strathclyde Launches Pioneering Virtual Charity Shop In The Metaverse
Scotland’s largest health charity has teamed up with university researchers to create a charity shop in the metaverse. Chest Heart & Stroke Scotland (CHSS) is believed to be among the first UK charities to set up shop in the virtual world to raise vital funds. Researchers from the University of Strathclyde’s Business School (SBS) are working with the organisation’s management, volunteers, and customers to understand their requirements, before building and launching a CHSS metaverse and digital assets.
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NFTs | OpenSea | News
🖼 OKX Marketplace and BLOCKLORDS Unveil Exclusive NFT Giveaway
OKX Marketplace, in collaboration with the medieval Web3 game BLOCKLORDS, has announced an exclusive giveaway of 300 ‘Legacy Cowherd’ NFTs. These Ethereum-based NFTs are up for grabs from June 19 to June 26, offering participants a unique opportunity to own a piece of the game’s rich narrative.
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NFTs | OpenSea | News
🖼 Konami partners with Avalanche for Resella NFT platform launch
Japanese game developer and publisher Konami Digital Entertainment has announced its collaboration with the Avalanche blockchain to launch its new non-fungible token (NFT) solution, “Resella.” The NFT platform aims to advance Web3 services by providing a streamlined solution for companies and organizations looking to integrate blockchain technology into their operations.
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NFTs | OpenSea | News
🔫 BBC Ventures makes first investment into metaverse events streaming platform
BBC Ventures, an investment arm set up by the UK’s public service broadcaster in 2022, is today announcing its first investment — into Bristol, UK-based 3D video streaming platform Condense. The BBC is putting £500k into the startup, which has previously raised from VCs including LocalGlobe and 7percent Ventures, and angel investors Tom Blomfield, founder of Monzo, and Ian Hogarth, founder of Songkick and now partner at London VC Plural.
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NFTs | OpenSea | News
🖼 Creators of ‘OpenSeason’ Announces Airdrop for NFT Holders
Fractional Uprising Studios, the developers behind the Ethereum-based battle royale game OpenSeason, announced a token airdrop for holders of their NFT membership passes. The airdrop is scheduled for this week and involves the distribution of FU Money ($FU) tokens. OpenSeason, available on the Epic Games Store, requires Ethereum NFT access passes for entry. Holders of these passes will receive a portion of the 62.1M $FU tokens designated for the initial airdrop, representing 10% of the total $FU token supply.
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NFTs | OpenSea | News
🖼 Iconic French Magazine Paris Match Auctioning Historic Photos via Ethereum NFTs
Paris Match, the French magazine world-renowned for its photojournalism, announced Monday that it will auction a series of archival photos as NFTs to commemorate the publication’s 75th anniversary. The auction, which begins today, will feature 75 Ethereum NFTs of iconic photos from the Paris Match archives. The digital files will also come with numbered and signed physical prints of the same images. Starting bids for each photo will begin at 0.3 ETH, a sum worth about $1,062 at writing.
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NFTs | OpenSea | News
🖼 Hunters On-Chain Revolutionizes Blockchain Gaming with NFT Integration
Hunters On-Chain, a blockchain-based battle royale game, is making waves in the gaming world by offering players true asset ownership through non-fungible tokens (NFTs), according to immutable.com. In Hunters On-Chain, players take on the role of elite Hunters tasked with capturing mythical creatures. Each playable Hunter is an NFT, which can be acquired through initial minting, the marketplace, or summoning. With 40 unique classes, players must strategically collect the right Hunters and choose their battles wisely to succeed.
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NFTs | OpenSea | News
🔵 Number of Ethereum NFT traders falls below 4,000 for first time since June 2021
NFTs | OpenSea | News
🖼 Wu-Tang Clan's Secret 'Shaolin' Album Will Be Sold via $1 NFTs on Base
In a curveball move, Pleasr, a crypto collective or DAO that collects objects of cultural relevance, announced on Thursday that it will soon begin selling encrypted, on-chain copies of “Once Upon a Time in Shaolin,” the one-of-a-kind Wu-Tang Clan record that Pleasr acquired in 2021 for $4 million. The encrypted album will be made available today via a dedicated website for $1, according to a press release shared with Decrypt. The NFTs will live on Base, the rising Ethereum layer-2 scaling network from Coinbase, and their distribution will be handled by Pleasr in collaboration with Privy, Crossmint, and Holograph.
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NFTs | OpenSea | News
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🖼 Huge decline in NFT sales in recent years
According to data of CryptoSlam NFT sales reached $4.1 billion in the first quarter of 2024, which is significantly more than the $2.9 billion recorded in the last quarter of 2024. However, the second quarter of this year saw a sharp decline in the market. Billionaire Mark Cuban's crypto wallet, after nearly two years of inactivity, recently sold various NFTs, totaling approximately $38,500. He has also listed two NFTs for sale with a total value of over $66,000.
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🖼 Yamakoshi Village Innovates with NFTs for Community Development
The village of Yamakoshi in the Niigata mountains in Japan has found a new way to fund its development through the use of non-fungible tokens (NFT). Initiated in 2021, the Neo-Yamakoshi Village project has attracted 1,700 “digital citizens” who purchased Nishikigoi NFTs, raising over 3,000. The digital assets are the identifiers and governance tokens that allow people to take part in decision-making based on the village’s distributed autonomous organization (DAO) procedures to give voters a say in the community’s outcomes.
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🖼 Truth Arts Launches A New Platform Letting NFT Holder Move NFTs Across Ethereum Chains
Truth Arts, the digital asset incubation studio and the company behind the popular Goblintown and Illuminati non-fungible token collections has launched a new platform that lets non-fungible token holders bridge their NFTs across the Ethereum ecosystem. In a June 24 blog post, Trust Arts, also known as Truth Labs, confirmed launching a new platform, Portals, that gives the Illuminati and Goblintown communities the power to bridge their non-fungible token collections across several supported chains in the Ethereum ecosystem.
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🖼 MetalCore Closed Beta 3 introduces NFTs and Web3 integration
Studio369 has announced the launch of the third Closed Beta (CB3) for its massively multiplayer online game (MMO), MetalCore, set to begin on June 27. This beta phase will introduce several updates, including integrating non-fungible tokens (NFTs) and Web3 technology into the gameplay. Dan Nikolaides, MetalCore’s chief technology officer and former software engineer at Midway and WB Games spoke to Cointelegraph about the transition from Web2 to Web3.
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NFTs | OpenSea | News
🖼 NFT collector swoops 21 CryptoPunks in $4.4m spending spree
An NFT collector has purchased 21 CryptoPunks in a massive ‘floor sweep’ that cost an estimated $4.4 million (1683 ETH). The buyer – infamous NFT collector ‘9x9x9‘ – purchased the 21 CryptoPunks through an NFT aggregation service called Gem.xyz, which allowed them to save on gas fees and complete the purchase of multiple CryptoPunks in one transaction. The collector also took to Discord to discuss a potential buyout of CryptoPunks creator and parent company Larva Labs, saying that they’re “seriously interested in all the bags they hold“.
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NFTs | OpenSea | News
🖼 Bitwise’s latest Ethereum ad can be minted as an NFT
On June 20, Bitwise released its first-ever commercial for the new investment offerings, which are still awaiting final approval from the US Securities and Exchange Commission (SEC). According to the company, the ads can be minted as a non-fungible token (NFT) on the Ethereum network (ETH price data). The ads, titled “Capture a piece of crypto history: the 1st national TV spot minted as an NFT,” features a 39-second short video-clip to demonstrate the always-on nature of the blockchain technology unlike the traditional financial system which clock’s out by 4pm.
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🔫 Kantana and The Sandbox are on a joint venture focusing on Metaverse entertainment
The Sandbox, a market-leading metaverse platform, and Katana, Thailand’s top-rated internet company, are on a joint venture to produce the inspirational future of metaverse entertainment. The unique partnership utilizes Kantana’s storytelling capability with the Sandbox’s user-generated content instruments. Kantana has already gained amazing results with the Sandbox and it denotes their expertise in crafting attractive experiences.
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NFTs | OpenSea | News
🖼 GameFi Ecosystem Raised $1.5M in NFT Sales and Launching BAWK Token
Chicken Derby is an innovative GameFi project that has achieved a new milestone of raising over $1.5 million through NFT sales. Players can own, breed, trade, and race chickens on the blockchain with this new project, which brings the thrill of gaming with the rewards of cryptocurrency.
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NFTs | OpenSea | News
🖼 COLLE AI to Integrate Real-Time NFT Minting Features to Enhance User Experience
COLLE AI, a pioneering platform in AI-driven NFT technology, is thrilled to announce the upcoming integration of real-time NFT minting features. This new capability enhances the user experience by allowing artists to mint their digital creations instantly, making the process more efficient and engaging. This feature significantly reduces the time between creation and market entry, providing artists with a more dynamic and responsive platform.
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NFTs | OpenSea | News
🖼 Wu-Tang Clan's "Secret" Album Now Available As $1 NFT
The surreptitious Wu-Tang Clan album Once Upon a Time in Shaolin maintains its advocacy for valuing music in the digital age. Under the ownership of PleasrDAO, the digital art collective, the album is now available to the public as an NFT for at least $1, highlighting a pivotal shift from its exclusive past. PleasrDAO has teamed up with marketing and e-commerce platform Privy, as well as blockchain platforms Crossmint and Holograph, to distribute the encrypted album on Base.
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NFTs | OpenSea | News
🖼 HYTOPIA Launches Closed Beta Testing for NFT Holders
HYTOPIA, a voxel-based gaming platform developed by the team behind NFT Worlds, has started its closed beta phase, allowing NFT holders of HYTOPIA Worlds, Gray Boys, and Avatars to test the game on two available servers. While the game is still in development, with ongoing efforts to make rapid improvements and provide frequent updates, the primary goal of this beta test is to ensure hardware compatibility and enhance the gaming experience for future players.
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NFTs | OpenSea | News
🖼 Wu-Tang Clan’s Once Upon a Time in Shaolin Turned Into NFT
Wu-Tang Clan’s one-of-a-kind album, Once Upon a Time in Shaolin, has been in the news a lot lately. First, in late May, it was announced that it would be played publicly at an exhibition at Australia’s Museum of Old and New Art (MONA). The exhibition runs from June 15-24.
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NFTs | OpenSea | News
🖼 Ethereum NFT Card Battler ‘Parallel’ Launches on Epic Games Store
Parallel, an NFT-driven competitive card game built on Ethereum, launched Wednesday on the Epic Games Store, potentially reaching a far larger audience in the process. The Epic Games Store is a prominent PC gaming marketplace, and had 270 million users as of the end of 2023, including some 75 million monthly active users. Epic Games is the creator of free-to-play shooter hit Fortnite and has acquired other games like Rocket League, but the store hosts games from a wide array of studios.
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NFTs | OpenSea | News