Google Play Store officially allows NFT games, but no gambling: Nifty Newsletter, July 12–18
In this weeks newsletter, Google Play has formally permitted nonfungible token (NFT) games on its store– with some limitations. NFT company Dapper Labs has actually completed its third round of layoffs, and a blockchain video gaming start-up has actually allowed an automatic refund function for NFT purchases. In other news, examine out the blockchain-based game that has actually started to spike day-to-day transaction volumes on the Sui Network, and dont forget this weeks Nifty News, featuring the Bank of America training employees inside the metaverse. Google Play Store officially allows NFT games, but not gambling onesThe Google Play Store recently released brand-new blockchain-based material policies, consisting of enabling NFT games. The business stated that the new policies are designed to “open brand-new methods to negotiate blockchain-based digital content” within applications and video games. Regardless of being open to NFTs and blockchain gaming content, the business likewise clarified that developers must clearly mention the feature in their video game descriptions. Betting is likewise not permitted. Continue readingDapper Labs makes 3rd round of cuts in 9 months amid NFT slumpNFT business Dapper Labs has announced another round of layoffs, cutting 51 more staff members from its group. According to the business, the choice was needed to keep the firm lean and efficient. The current layoff marks the third time the company laid off staff in less than a year. In November 2022, the company cut 22% of its staff members. The firm likewise cut staff by 20% in February 2023. Continue readingBlockchain gaming platform develops refundable NFT programBlockchain gaming startup Spielworks and Web3 platform Mycelium Network have actually partnered to develop an NFT job that allows automated refunds for NFT purchases. Through a smart agreement, anyone who wants a refund only needs to click one button and exchange the NFTs with a swimming pool of funds. Users who acquire the NFTs will likewise be enabled to use them within a blockchain game, providing material drops to gamers, as well as mining power.Continue readingA easy tile game is surging day-to-day txs on Sui Network– Data platformSui 8192, an on-chain tile-sliding video game, has actually caused a substantial spike in day-to-day deals on the Sui Network. According to an on-chain analytics platform, the game has even surpassed Solana in regards to daily transactions. A brand-new item is minted at every instance of the video game. This process is comparable to minting NFTs. In addition, every move within the game is tape-recorded as a transaction and needs gas. Continue readingNifty News: Metaverse bank robberies, Trump NFT biz prefers crypto over cash and moreThe Bank of America is employing virtual reality metaverse and expert system innovation to train its employees to handle bank break-ins or mad customers. Donald Trumps NFT company holds its funds on Ethereum, with disclosures revealing nothing on its bank account. Continue readingCHECK OUT COINTELEGRAPHS NFT STEEZ PODCASTThanks for reading this digest of the weeks most noteworthy advancements in the NFT area. Return next Wednesday for more reports and insights into this actively progressing space.
NFT business Dapper Labs has completed its third round of layoffs, and a blockchain video gaming startup has allowed an automated refund feature for NFT purchases. Google Play Store formally permits NFT video games, however not betting onesThe Google Play Store recently published brand-new blockchain-based material policies, consisting of permitting NFT games. Continue readingBlockchain video gaming platform creates refundable NFT programBlockchain video gaming start-up Spielworks and Web3 platform Mycelium Network have actually partnered to develop an NFT project that allows automated refunds for NFT purchases. Continue readingCHECK OUT COINTELEGRAPHS NFT STEEZ PODCASTThanks for reading this digest of the weeks most significant advancements in the NFT space.