Nike NFTs are coming to EA Sports games: Nifty Newsletter, May 31–June 6
In this weeks newsletter, read about GameStops nonfungible token (NFT) platform collaboration with video game company Illuvium, and inspect out how NFTs can keep digital assets, and how blue-chip NFT securities are being utilized in NFT lending. In other news, Nikes NFTs are coming to EA Sports games, and dont forget this weeks Nifty News, featuring upcoming blockchain video games from Epic Games.GameStop NFT back in the spotlight after collaboration with IlluviumGameStop has actually partnered with Web3 video gaming project Illuvium to release an NFT collection called Illuvitars. The rise in overall NFT market deal volume in March, driven by Bitcoin Ordinals, decreased to $330 million in May.Continue readingNike NFTs to make their method into EA Sports games and its millions of fans Footwear company Nikes NFT platform, “. Continue readingCHECK OUT COINTELEGRAPHS NFT STEEZ PODCASTThanks for reading this absorb of the weeks most significant developments in the NFT space.
In this weeks newsletter, checked out GameStops nonfungible token (NFT) platform collaboration with game company Illuvium, and examine out how NFTs can keep digital properties, and how blue-chip NFT securities are being utilized in NFT financing. In other news, Nikes NFTs are concerning EA Sports video games, and dont forget this weeks Nifty News, featuring upcoming blockchain video games from Epic Games.GameStop NFT back in the spotlight after collaboration with IlluviumGameStop has partnered with Web3 video gaming project Illuvium to release an NFT collection called Illuvitars. The drop will feature GameStop-branded Illuvitars that can be traded on Illuviums decentralized exchange. Holders of the NFTs will also get early access to Illuviums collector games, Illuvium Overworld and Illuvium Arena. The collection will be offered on June 12 and will consist of 20,000 NFTs. Continue readingHeres how designers intend to save crypto inside NFTsIn a Cointelegraph interview, Future Primitives Jayden Windle and Benny Giang spoke about ERC-6551 and how it enables NFTs to work as wallets. According to the duo, NFTs can now own any on-chain properties through the brand-new token requirement. The designers explained that the brand-new function could be applied to various industry sectors, from an inventory system in blockchain video gaming to keeping decentralized self-governing organization member histories. Continue readingBlue chip securities assist support NFT loaning: ParaspaceA report by Paraspace and BitKeep recently revealed that NFT loaning and financing had reached over $430 million, with more than 43,000 debtors getting involved. Popular NFT collections like Wrapped CryptoPunks, Bored Ape Yacht Club and Mutant Ape Yacht Club were a few of the leading sources of collateral for the loans.The intro of a digital collectible loaning procedure by NFT marketplace Blur likewise added to the growth. The platform recorded over $16 million in loans within a day of its launch, led by Taiwanese celeb Machi Big Brother. Nevertheless, the surge in total NFT market deal volume in March, driven by Bitcoin Ordinals, declined to $330 million in May.Continue readingNike NFTs to make their way into EA Sports games and its countless fans Footwear business Nikes NFT platform, “. Swoosh” revealed that it will soon integrate with EA Sports games. The integration is a huge step towards adopting Web3 technologies in mainstream video gaming. Without exposing which video games will include Nikes “virtual productions,” the platform announced that they would be included into EA Sports video games in the coming months. Nike Virtual Studios officer Ron Faris said it would “unlock” new experiences for the neighborhood. Continue readingNifty News: Pixel Penguin implicated of charity rug, Epic includes brand-new NFT games and moreGame developer Epic Games announced it would add new blockchain games to its shop. This includes a Pokemon-inspired fight game called Defimons, and Project Red, which seems to be an open-world game similar to Grand Theft Auto. More NFTs owned by bankrupt hedge fund Three Arrows Capital will go on sale on June 15. This time, Sothebys will auction off 37 pieces in what they call the greatest auction for digital art. Continue readingCHECK OUT COINTELEGRAPHS NFT STEEZ PODCASTThanks for reading this absorb of the weeks most significant developments in the NFT space. Return next Wednesday for more reports and insights into this actively developing area.