FIFA launches digital World Cup collectibles
FIFA launches digital World Cup collectibles
Hi Fellaz,
Well hello again, fellow WEB3 enthusiasts!
You might have noticed, but the Solana NFT community The DeGods is shaking up the NFT space in a big way; their current floor price makes them one of the top most valuable NFT collections across all chains, coming in after BAYC, CryptoPunks, MAYC, and Moonbirds.
The same founders are now launching a Y00ts NFT collection which already attracted the interest of several celebrities, including Allen Iverson, Wayne Rooney, Howie Mandel, and more. As a result, Y00ts have been trending on NFT Twitter for the past few days.
Let's see how that works out, but in the meanwhile: here is a rundown of the past week in the NFT space!
— 🩸💀 AMERICAN RADASS
FIFA launches digital World Cup collectibles
In anticipation of the 2022 World Cup, soccer’s international governing body, FIFA, has announced establishing an NFT platform for digital collectibles related to the sport.
FIFA+ Collect, which will debut later this month. Furthermore, it will provide NFTs depicting iconic events, artwork, and iconography from the world of soccer. These NFTs will be “affordable, inclusive, and accessible.”
Bill Murray’s Crypto Is Hacked After $185K NFT Charity Auction
Famous American actor and comedian Bill Murray has become the latest victim of hackers, losing $185,000 worth of Ether (ETH) just a few hours after closing his NFT charity auction.
The proceeds from the NFT auction were supposed to be donated to a non-profit called Chive Charities to support the care of a three-year-old girl suffering from the effects of a rare CLDN5 gene mutation and intractable epilepsy. Ultimately, the hackers drained nearly all the funds from the wallet.
Crypto.com Pulls Out of UEFA Champions League Deal
Cryptocurrency exchange market Crypto.com is reportedly backing out of a $495 million sponsorship deal with UEFA and its premier football event the Champions League.
According to an exclusive report by SportBusiness, Crypto.com’s concerns lie around regulatory issues in key football markets such as France and Italy as a key factor for their decision to cancel the potential five-year deal. If the deal had gone through, it would have been the most lucrative in the competition’s history.
📰 OTHER NEWS FROM THE PAST WEEK
Social media giant Meta announced the integration of NFTs to Facebook, adding that NFT creators can now showcase their digital collectibles across Facebook and Instagram.
Snapchat parent Snap Inc. appears to be shuttering its web3 team in light of a company-wide restructuring plan that calls for reducing overall staff by about 20%.
Eminem and Snoop Dogg’s Video Music Awards (VMAs) performance has split opinions, with some fans heavily criticizing the act’s Bored Ape Yacht Club component.
OpenSea, the largest NFT marketplace, plans to exclusively support NFTs based on the proof-of-stake version of the Ethereum blockchain once The Merge is complete.
Decentralized NFT marketplace Sudoswap is laying the groundwork for a massive airdrop of 60 million SUDO tokens, an up-and-coming governance token built on the protocol.
Seven Seven Six, the venture capital firm led by Reddit co-founder Alexis Ohanian, plans to raise a new $177.6 million crypto fund to invest in tokens.
✨ NEW IN THE SPACE
Leading ticketing service Ticketmaster will now issue NFTs for live events through the Flow blockchain.
The crypto unit of Silicon Valley Andreessen Horowitz (a16z) is all set to release a set of free, public ‘Can’t Be Evil’ NFT Licenses.
Formula One has filed 2 trademarks with plans that are related to NFTs and cryptocurrencies.
South Korean electronics giant LG has announced that it is in the process of developing a cryptocurrency wallet to launch later this year.
Xterio, a web3 game developer and publisher, has raised $40 million in a funding round co-led by video game developer FunPlus.
🤓 DISCLAIMER: NFA & DYOR
This newsletter is a curated overview of the most interesting things I’ve read the past week, the projects I’ve researched, and the NFTs I’ll be trying to buy.
This means I’m - per definition - biased, so don’t consider this as financial advice and keep doing your own research if you see something you like.