The “Future Frequencies: Explorations in Generative Art and Fashion” collection derives inspiration from Gucci designs and features works from artists including Claire Silver and Emily Xie. Source
Tag: NFT
Dapper Labs Lays off 51 as NFT Market Stays Chilly
Dapper Labs made prior cuts in February and November. Source
Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump
Nonfungible token collection and technology firm Dapper Labs has announced its third round of staff layoffs in less than a year. On July 13, Dapper Labs CEO Roham Gharegozlou announced that the firm has said goodbye to “51 brilliant colleagues and friends.” In a note to employees, he said that the latest round of cuts includes full-time staff and C1 contractors. “The decision was incredibly difficult because of the amazing people affected,” he said before adding that it was necessary and the right thing to do to “ensure a lean…
Google Play Joins The Tokenization Bandwagon With Blockchain Gaming And NFT Recognition
According to a recent report by VentureBeat, Google Play has updated its policies to allow blockchain-based digital content, including non-fungible tokens (NFTs) and other tokenized digital assets, in its app store. The move is in response to the growing interest in NFTs and their unique user experiences. Google has been working with Web3 game makers such as Mythical Games to bring blockchain gaming recognition to the masses. Google Play’s Blockchain And NFT Policy Update Previously, blockchain game companies had difficulty distributing their games, as they often relied on the open…
Google Play Store officially allows NFT games, but not gambling ones
The Google Play store now allows video game publishers to sell nonfungible token (NFT) games in its store, according to a July 12 blog post from the store’s group product manager, Joseph Mills. In the post, Mills states that Google Play is “pleased to share that we’re updating our policy to open new ways to transact blockchain-based digital content within apps and games on Google Play,” including “boosting user loyalty through unique NFT rewards.” 1) A new blockchain-based content policy that states that devs must complete a declaration for apps…
Jackson Pollock Studio Releases Inaugural NFT Collection
In collaboration with Web3 art collective Iconic Moments, the “Beyond the Edge,” collection features four perspectives from Pollock’s studio floor, where he splattered and dripped paint in his iconic style. The artwork features elements from his paintings including “Number 3,” “Blue Poles” and “Convergence,” which currently reside in museums across the globe. Source
Blockchain gaming platform creates refundable NFT program
Blockchain gaming startup Spielworks has partnered with the Web3 platform Mycelium Network to launch a program that allows full refunds for nonfungible token (NFT) purchases. In an announcement sent to Cointelegraph, the team explained that within the program, users who acquire NFTs called “Reverties” are eligible to get a full USD Coin (USDC) refund. The project also allows users to stake this new series of NFTs in Spielworks’s game called Dungeon Master and purchase them using USDC via a separate minting mechanism. Through the partnership, Spielworks will leverage Mycelium Network…
NFT Lender Gondi Raises $5.3M Round From Hack.vc, Dragonfly, Pantera, Others
“We are thrilled to have co-led Florida Street’s seed round, and we are excited about the solutions they are bringing to Web3 users. Gondi’s instant refinancing will enhance the NFT lending market, allowing borrowers to access more affordable credit and fostering a growing market,” said Alex Pack, Managing Partner at Hack.vc, in a message to CoinDesk. Source
DeFi borrower uses luxury watch-backed NFT as collateral for a loan
A nonfungible token (NFT) collector shared the story of how a decentralized finance (DeFi) loan was collateralized through a luxury watch and was facilitated with an NFT representing the asset. On July 11, pseudonymous DeFi project adviser CirrusNFT explained how a user was able to borrow $35,000 from another user by using an NFT that represented a physical item as collateral for the loan. According to the exec, a user sent a Patek Phillipe luxury watch to 4K Protocol, an escrow firm that deals with NFTs backed by physical items.…
Starbucks Odyssey Teams Up With Micah Johnson’s Aku NFT Project For New Stamp
On July 17, Starbucks will launch the new Journey called “Aku Adventure” which will allow Odyssey members to “embark on a mission with Aku.” According to the Discord post, the new Stamp is “designed by Aku” and the Journey will be available to Odyssey members until August 13, 2023. Source