Within this week’s e-newsletter, find out about Playboy’s approaching virtual mansion within the Sandbox (SAND). Take a look at the way a startup is providing lifetime Netflix and Spotify access through nonfungible tokens (NFTs) and just how NFTs can bridge gaming and blockchain.
Furthermore, find out how game company GameStop launched its very own NFT marketplace. And, remember relating to this week’s Nifty News roundup featuring an “Ape Now, Pay Later” plan from the decentralized finance (DeFi) platform.
Playboy to produce first ‘MetaMansion’ within the Sandbox
Metaverse platform The Sandbox announced it has partnered with lifestyle company Playboy to produce an electronic form of the most popular Playboy mansion. Using the collaboration, a Playboy MetaMansion game is going to be produced within the digital world with NFT collectibles built-into the social game.
In 2021, Playboy launched its Rabbitars NFT project, incorporating bunny avatars offered for $800 each. Inside the MetaMansion, holders of Rabbitars NFTs may have special use of exclusive encounters. However, information on the work and also the date of launch haven’t been released yet.
Croatian Web3 startup offers lifetime Netflix and Spotify membership via NFTs
Ticketing provider Revuto announced an eternity subscription model for Netflix and Spotify through NFTs. Based on the project, its Revolution NFT allows 10,000 users a regular membership model that provides them lifetime use of Spotify and Netflix.
Dino Ivankovic, a professional at Revuto, told Cointelegraph the subscription model enables users to monetize unused subscriptions through NFTs. Furthermore, the NFTs could be traded on crypto exchanges.
How can NFTs bridge traditional gaming with blockchain? Enjin CTO Witek Radomski explains
Cointelegraph Markets Pro spoken with Witek Radomski, chief technology officer at Enjin, within an ask-me-anything session about his ideas on GameFi and NFTs. Based on Radomski, when the crypto winter settles lower, you will see a blockchain gaming renaissance.
The manager believes that using NFTs, blockchain games may also exceed just earning crypto through playing. He notes that history, possession, digital legal rights and utility might be associated with all digital creations through NFTs. With this particular, Radomski believes that NFTs will have a role in verifying digital identity to resolve issues regarding impersonation.
Related: Playing it louder: Companies bring music licensing towards the blockchain
GameStop releases public beta NFT marketplace
Gaming company GameStop has launched an open beta of their NFT marketplace. With this particular project, GameStop aims to supply a low-fee and-speed NFT marketplace to the users. Through its platform, the organization will give you several features like statistics and academic content.
Aside from this, the woking platform is really a noncustodial Ethereum layer-2 application. Users have access to it through any Ethereum-compatible wallet and also the GameStop Wallet. We already have countless NFT collections on the woking platform. However, GameStop noted that users should be expecting outages before the full version is released.
Nifty News: Total BAYC thefts crack $18.5 million, ‘Ape Now, Pay Later’ loans come for NFTs and much more
Lending platform Teller Finance launched an “Ape Now, Pay Later” plan that mimics the most popular “buy now, pay later” payments structure in traditional finance. As suggested by its name, users can buy NFTs and outlay cash in installments with time.
Meanwhile, an Australian music festival has launched a celebration that utilizes NFTs in the ticketing process. The festival, dubbed The Grass is Greener, will release 1,111 NFTs which will give holders accessibility event together with encounters like backstage and Very important personel access.
Thank you for studying this digest from the week’s noticably developments within the NFT space. Come back next Wednesday for additional reports and insights within this positively evolving space.
