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Tommy L

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It seems like Gucci is about to make another move into the metaverse. That’s right, the Italian fashion powerhouse is teaming up with Yuga Labs to explore the intersection between fashion and entertainment in the metaverse. This is big, and it’s just the beginning.Gucci is already dipping its...
CCP Games, the creator of EVE Online, has raised $40 million to create a blockchain-integrated game set within its sandbox sci-fi universe. According to the studio, the new game will build on the company’s blockchain-related research and development.CCP Games CEO Hilmar Veigar Pétursson said, “With advancements made within...
Polygon and Immutable have teamed up to create a new network designed specifically for Web3 gaming. As a result, it’s anticipated to help bring gaming to the mainstream by providing a fast and secure solution that’s natively compatible with Ethereum.This partnership aims to develop Immutable zkEVM, a new...
Solana-based NFT marketplace Formfunction is set to shut down on March 29 after only 13 months of operation, amid a slump in Solana NFT prices and trading volumes.The decision to close the platform was reached after much discussion and careful consideration, although the specific reason for the closure...
Renowned digital artist Mike Winkelmann, widely known as Beeple, has recently launched a groundbreaking digital art facility, Beeple Studios. This 50,000-square-foot establishment aims to foster a sense of community among non-fungible token (NFT) artists and enthusiasts.Beeple gained international recognition in March 2021, when his NFT artwork “Everydays: The...
Japanese motor giant, Nissan, has made significant progress in its foray into the NFT and Web3 space. The company filed four new Web3-related trademarks in the United States covering its Infiniti, Nismo, and Nissan brands.The filings reveal Nissan’s plans to create virtual clothes, cars, headgear, trading cards, toys,...
Starbucks, the Seattle-based coffee giant, has entered the NFT market with the release of its first paid collection of non-fungible tokens. The NFTs, called “Journey Stamps,” were priced at $100 each and sold out in under 20 minutes.The release is part of Starbucks Odyssey, a new membership program...
NFTs have been with us since just after the launch of Ethereum back in 2015, and they have exploded in popularity. Everyone from artists and musicians to sports teams and celebrities have jumped on the NFT bandwagon.However, despite their growing appeal, the process of buying, storing, and securing...
Leading NFT creator Yuga Labs faced heavy criticism from the crypto community, including the creator of Bitcoin Ordinals, over its plan to auction a new Bitcoin NFT collection called “TwelveFold”.The collection consists of 300 NFT-like images inscribed on satoshis using the Bitcoin-native Ordinals protocol. The top 288 bidders...
The Fox animated series Krapopolis, which features a family of deities, monsters, and humans working together to manage an ancient city looks like it might finally be ready to launch.Despite numerous postponements of its release, Fox remains committed to the series and its corresponding NFT marketplace. And interestingly,...