NFT Review 30 - Nike joins Adidas in the Metaverse
RMRK announces metaverse, OpenSea walks out on IPO, new comms system for Ethereum addresses, and more.
NFT Review is a weekly newsletter covering NFTs in the Web3 ecosystem on Polkadot’s side of the woods. The newsletter is put together by Bruno Škvorc and gbaci.
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Dear NFT enthusiast,
Last week, we reported that Adidas had entered the metaverse. Less than a week later, their biggest competitor, Nike joined the party. Unlike Adidas that entered via a collaboration with Bored Ape Yacht Club, gmoney NFT, and PUNKS Comic, Nike entered via the purchase of RTFKT, a virtual sneakers and collectibles brand.
According to Nike, acquiring RTFKT will help the company “deliver next-generation collectibles that merge culture and gaming.”
This is great news for all the builders in the space, particularly those building the metaverse. It’s interesting to see how all this will play out. Will the same big brands dominate the metaverse, or will new brands rise to the ascendancy?
Thank you for reading, and have a great week.
— NFT Review
📬 NFT News from Kusama & Polkadot
RMRK announced Skybreach, its metaverse expected in 2022.
RMRK partnered with RMTerra to plant trees and save the planet. Apparently, there’s a surprise (likely involving NFTs) coming in relation to this.
GEM POWER: The Bragi gem (that allows Kanaria birdholders to upload new alternate art to their birds) was used for the first time.
🗞 NFT News from Ethereum and Beyond
Sound, the latest Web3 startup with plans to use NFTs to disrupt the music industry, raised $5million led by a16z.
Rarible integrates with Tezos blockchain and launches its own NFT collection.
Kevin Durant and Rich Kleiman's Thirty-Five Ventures to create NFT drops with Coinbase.
MGA Entertainment and Ioconic launch L.O.L. Surprise NFT platform in 20,000 retail stores worldwide.
Pepsi launched their Mic Drop genesis NFT collection made up of 1,893 generative style NFTs on Ethereum.
Tampa Bay Buccaneers quarterback Tom Brady released a 16,000 collectible set on his Autograph NFT platform called “Live Forever: The Tom Brady Origins Collection.”
Palm NFT Studio announced a Series B raise of $27 million on Thursday led by Microsoft’s venture fund M12
After announcing the launch of his "Genesis Collection" NFT auction, Ross Ulbricht, the alleged founder of dark web marketplace Silk Road, has sold his first NFT for $6.2 million or 1,446 ETH at auction.
Mnemonic raised $4 million to launch a B2B API platform focused on NFTs.
OpenSea walks back on IPO plan following community backlash.
DraftKings has partnered with the NFL Players Association to expand the offerings of its marketplace via gamified NFL player NFTs.
Solana Ventures announces new $150M fund for blockchain gaming
Twitch co-founder Justin Kan to launch a gaming NFT marketplace called Fractal.
CoinDesk Launches the Digital Asset Classification Standard.
CryptoPunk #4156 was sold for 2.5k ETH. It’s the third-largest Punk sale to date!
Cool Cats is hosting a Holiday Drawing Competition.
Check out mxtter, a new generative art platform co-founded by kai.
Decentral Eyes Dogg, a collab between Coldie and Snoop Dogg, sold for 188.8 ETH.
Apple has temporarily rugged the Bored Ape Yacht Club’s mobile game project.
Axie Infinity published some dev insights on the future of the leading NFT game. Also, dont’ miss Axie’s December Update post.
NFT sci-fi card game Parallel launched Inb0x, an encrypted comms system for Ethereum addresses.
Ectogames: a new cultural form emerging via NFTs?
Cryptovoxels released 30 new parcels on Scarcity Island.
Nifty Gateway: as of Jan. 2022 you can buy/sell directly from your own Ethereum wallet on the NFT platform.
Check out the new and improved Mirror Dashboard.
Mintable is coming to Immutable X, the NFT-centric L2 scaling solution.
EulerBeats unveils its new generative art and music system, Futura.
sound.xyz held its first music NFT drops!
Very Nifty is now Muse DAO.
That’s all for this week, see you in the next edition! Got some links to share with us, artists to feature, NFTs to sell, jobs to promote, or events to popularize? Get in touch with Bruno or gbaci!