Nifty News: Pudgy Penguins signs with WME, Bitblox to make Web3 gambling games and more….

In a May 4 statement, Bitblox Games stated that it will focus on developing player-to-player (P2P) games built around skill and speed, where gamers bet against each other as opposed to the house such as Casino or bookie in regular gambling. “Blockchain-based gaming provides additional transparency to igaming operators while providing gamers the ability to wager in brand-new and interesting methods,” noted Bitblox CEO Brandt Page.OG degens Crypto degensBitblox Games has launched a studio to bring crypto video gaming to the $67.9 B online gambling industry, with all video games being built exclusively on Hxro Networks core protocols.Welcome to #HxroNation ✖ ✖ Learn more: https://t.co/ylM0hvlHeB pic.twitter.com/xVQ2SI3pmh— Hxro (✖, ✖) (@HxroNetwork) May 4, 2023

The tool was introduced on May 4 and is available for download as an Unreal Engine plug-in. Palm Generative Art Maker. Source: Unreal EngineIt allows users to establish a principle in the plug-in, and after that port the assets into Unreal Engine 5.1 to fine tune and include completing information. From there, they can mint the assets as NFTs on the blockchain. Interest in generative art has actually risen along with the growth of the NFT sector over the previous number of years, with profile picture/avatar-based jobs such as CryptoPunks helping to promote the method. While NFT art projects such as Tyler Hobbs Fidenza have also driven interest in the computer-based art design. Digital Star Wars toys on FlowNFT start-up Cryptoys has actually revealed the upcoming launch of Star Wars digital antiques on the Flow blockchain, house to major NFT projects such as NBA Top Shot. The NFT antiques, or “digital toys” will drop on May 24, with the artwork bearing a similar design to Funko Pop figurines. Each token will be priced at $39.99 a piece in a randomized “blind box,” with the buyer not knowing which character they got up until after purchase. The NFTs will include characters such as Darth Vader, Luke Skywalker and Princess Leia, and will come in different tiers of rarity varying from common, to unusual, famous, “Grail” and “Ultra Grail.” new pfp, who sith? #StarWarsDay pic.twitter.com/AzDrB2clp1— Cryptoys ⚡ (@Cryptoys) May 4, 2023

Other Nifty NewsKenyas lawmakers are considering the intro of a 3% tax on crypto and NFT transfers and a 15% tax on monetized online content, according to a brand-new bill presented on May 4. The previous OpenSea manager who was accused of expert trading of NFTs was founded guilty on May 3 of wire scams and cash laundering in a New York federal court.Magazine: NFT art leader wishes to upload her brain so she can live forever: Josie Bellini, NFT Creator

Pudgy Penguins joins a growing list of huge name NFT jobs that have actually looked for out Hollywood representation offers as a method to broaden their brands and audiences. WMEs other NFT-related customers includes Dapper Labs co-founder Mack Flavelle, the Boss Beauties job, pseudonymous NFT artist FEWOCiOUS and artist Claire Silver. Pudgy Penguins is the twenty-first highest-selling NFT job of all time according to information from CryptoSlam.

Related: A new frontier for antiques: Preserving music history in NFTs with Legends of RockGenerative art through Unreal Engine NFT facilities and community designer Palm NFT Studio has actually released a brand-new tool through Epic Games Unreal Engine that enables developers to make generative “game-ready” 3D possessions and art collections. → https://t.co/aJr7Wg746l pic.twitter.com/HR71VpUKTA— Palm NFT Studio (@PalmNft) May 5, 2023

Blue chip nonfungible token (NFT) job Pudgy Penguins has signed a representation offer with major Hollywood skill firm William Morris Endeavor (WME). According to a statement by means of Twitter on May 5, Pudgy Penguins is looking to spread its intellectual residential or commercial property throughout gaming, tv, and film.

Blue chip nonfungible token (NFT) task Pudgy Penguins has signed a representation deal with significant Hollywood talent agency William Morris Endeavor (WME). Pudgy Penguins joins a growing list of big name NFT projects that have actually sought out Hollywood representation deals as a method to broaden their brands and audiences. Pudgy Penguins is the twenty-first highest-selling NFT job of all time according to information from CryptoSlam. Related: A brand-new frontier for antiques: Preserving music history in NFTs with Legends of RockGenerative art through Unreal Engine NFT infrastructure and community developer Palm NFT Studio has actually introduced a brand-new tool through Epic Games Unreal Engine that makes it possible for creators to make generative “game-ready” 3D assets and art collections. → https://t.co/aJr7Wg746l pic.twitter.com/HR71VpUKTA— Palm NFT Studio (@PalmNft) May 5, 2023

Other Questions People Ask

What does the Pudgy Penguins signing with WME mean for the NFT project?

The signing of Pudgy Penguins with William Morris Endeavor (WME) signifies a strategic move to expand its brand into mainstream media, including gaming, television, and film. This partnership aligns with a growing trend among NFT projects seeking Hollywood representation to enhance their visibility and reach. As the twenty-first highest-selling NFT project of all time, Pudgy Penguins aims to leverage this collaboration to attract new audiences and create diverse content based on its intellectual property.

How is Bitblox planning to innovate in the Web3 gambling space?

Bitblox is set to revolutionize the Web3 gambling industry by focusing on player-to-player (P2P) games that emphasize skill and speed, allowing gamers to bet against each other rather than against a house. This approach not only enhances the gaming experience but also introduces greater transparency for both players and operators through blockchain technology. By developing games exclusively on Hxro Networks' core protocols, Bitblox aims to tap into the lucrative $67.9 billion online gambling market.

What recent legislative changes are being considered in Kenya regarding crypto and NFTs?

Kenya's lawmakers are currently deliberating a new bill that proposes a 3% tax on crypto and NFT transfers, alongside a 15% tax on monetized online content. This move reflects a growing trend among governments to regulate the burgeoning cryptocurrency and NFT markets. If passed, these regulations could significantly impact how digital assets are traded and monetized in Kenya, potentially influencing broader adoption within the region.