Nifty News: Yuga cuts staff, NFT trading volume on Mythos Chain surges and more

Mythos Chain rises previous Polygon and SolanaSurging NFT trading volume on the gaming-focused Mythos Chain has actually seen the network surpass Polygon and Solana to become the 2nd biggest blockchain in terms of NFT sales volume over the previous 30 days. According to data from CryptoSlam, Mythos Chain has actually seen $33.5 million worth of NFT sales volume over the previous 30 days, marking a 20.31% boost over that time frame. Source: CryptoSlamNearly all of the trading volume from Mythos Chain is coming from DMarket, an NFT market that hosts NFTs from a list of games associated with Mythical Games, the company behind the Mythos Chain.

” I recognized really rapidly that there were a number of jobs that, while well-intentioned, either spread out the group required or too thin execution proficiency beyond our core proficiencies,” he said, including that: “To develop really remarkable experiences that matter to our communities and our organization, we require to position our bets on fewer key efforts and group up with complementary external partners to make these experiences happen.” Moving forward, Alegre described that the company will ramp up its focus on neighborhood building, “going all-in” on its Otherside metaverse project and protecting brand partnerships. As per an Oct. 5 statement on X, the sneakers will just be readily available to.SWOOSH members who buy and open at least one OF1 Box NFT before the Oct. 16 deadline.Meet the newest member of the.SWOOSH family, TINAJ Our very first ever physical sneaker is here!

Cutbacks at Yuga LabsBored Ape Yacht Club developer Yuga Labs has revealed a restructuring that has seen several roles “removed throughout the business.” The precise number of layoffs hasnt been specified, nevertheless, in an Oct. 6 post shared via X (previously Twitter), Yuga Labs CEO Daniel Alegre suggested the company had handled a lot of jobs that were ultimately sidetracking it from its “core top priorities.” Yuga Labs is revealing a restructuring that will better focus our group on our core concerns. While specific functions have actually been affected, these changes are required to progress as a company. For more see a note composed by @dalegre on our https://t.co/722YfqwaCB official blog.– Yuga Labs (@yugalabs) October 6, 2023

The precise number of layoffs hasnt been specified, nevertheless, in an Oct. 6 blog site post shared by means of X (formerly Twitter), Yuga Labs CEO Daniel Alegre suggested the company had actually taken on too numerous jobs that were ultimately distracting it from its “core top priorities.” Yuga Labs is revealing a restructuring that will better focus our team on our core top priorities. Mythos Chain rises previous Polygon and SolanaSurging NFT trading volume on the gaming-focused Mythos Chain has actually seen the network surpass Polygon and Solana to end up being the 2nd biggest blockchain in terms of NFT sales volume over the previous 30 days. Source: CryptoSlamNearly all of the trading volume from Mythos Chain is coming from DMarket, an NFT marketplace that hosts NFTs from a list of games affiliated with Mythical Games, the company behind the Mythos Chain. Called the Titan Fund, it will focus on investments in key areas: blockchain facilities, customer applications like video gaming and NFTs, and monetary services, consisting of exchanges, wallets and platforms for loaning and borrowing.Related: Blockchain financing to grow into $79.3 B market by 2032PayPal made significant development towards developing its own blockchain ecosystem by submitting a patent application for a NFT purchase and transfer system.

TheOF1 Boxes cost $120 a pop and are readily available on the.SWOOSH website. The catch, however, is that not everyone who opens packages can get their hands on these shoes. The.SWOOSH group kept in mind on X that there is only a minimal supply and did not define the exact numbers readily available. Those who open OF1 Boxes that dont provide access to the TINAJ shoes are most likely to receive other advantages and access to other fall the line..@rothisrad https://t.co/VRltVWT3rr—.SWOOSH (@dotSWOOSH) October 6, 2023

Starbucks tokenizes Pumpkin Spiced Lattes. Why?Starbucks has actually released an open-edition set of Pumpkin Spiced Latte NFTs on the Nifty Gateway market. The NFTs cost $20 apiece and increased for sale on Oct. 5, and will be offered until Oct. 9. At the time of composing, 1213 NFTs have been minted, recommending Starbucks has actually pulled in just under $25,000 from the collection up until now. Pumpkin Spiced Latte drop. Source: Nifty GatewayThe NFTs are part of the coffee chains Web3 commitment rewards program called Starbucks Odyssey. The program features NFT stamps, such as the Pumpkin Spice Latte, which can be gathered to earn points and particular benefits. Other Nifty News Hong Kong-based crypto-focused venture capital company CMCC Global raised $100 million to support Asian blockchain startups. Dubbed the Titan Fund, it will focus on investments in essential locations: blockchain infrastructure, customer applications like video gaming and NFTs, and financial services, including exchanges, wallets and platforms for financing and borrowing.Related: Blockchain financing to grow into $79.3 B market by 2032PayPal made major development towards developing its own blockchain ecosystem by submitting a patent application for a NFT purchase and transfer system. The application, submitted in March and released Sept. 21, explains a method of performing deals with NFTs, both on- and off-chain. Magazine: Web3 Gamer: Minecraft prohibits Bitcoin P2E, iPhone 15 & & crypto gaming, Formula E.