OpenSea cuts half of employees as CEO announces new direction
NFT marketplace OpenSea is letting go of half of its employees as the firm plots a major redirection. The firm is creating a new foundation to foster innovation, OpenSea co-founder and CEO Devin Finzer wrote in a social media thread. Doing so requires "shifting to a smaller team with a direct connection to users." The move is a part of the firm's push toward the so-called "OpenSea 2.0," which focuses on product upgrades to technology, reliability, speed, quality and experience.
NFT marketplace OpenSea is letting go of half of its employees as the firm plots a major redirection. The firm is creating a new foundation to foster innovation, OpenSea co-founder and CEO Devin Finzer wrote in a social media thread. Doing so requires "shifting to a smaller team with a direct connection to users." The move is a part of the firm's push toward the so-called "OpenSea 2.0," which focuses on product upgrades to technology, reliability, speed, quality and experience.
🔫 ‘Industrial metaverse can solve real-world problems in factories’
The idea of an industrial metaverse has attracted much interest in recent months. It describes a highly immersive and connected virtual and physical reality enabling never-before-seen levels of connectivity and data analytics. “Indian companies have a unique opportunity to accelerate their digital transformation with Siemens Xcelerator portfolio which includes latest technologies such as industrial AI, industrial edge, digital twin and 5G,” says Peter Koerte, chief technology officer & strategy officer, Siemens AG. On a recent visit, Koerte and Sunil Mathur, MD & CEO, Siemens India, spoke to Sudhir Chowdhary on some of the megatrends and digital use cases on Siemens Xcelerator. How do you envision the integration of the industrial metaverse with traditional manufacturing processes? Peter Koerte: The industrial metaverse helps industry become much faster, more flexible, and also more sustainable. We recently built a brand-new factory, but that new factory was first built as a digital twin where we had optimised every machine, every workflow, and every material flow. As a result, our workers already knew how to operate the machines. By the time we started this new factory, it was already 20% more productive. Since we have the digital layout and we can seamlessly combine the real and the digital world, this synergy allows us to achieve 40% increase in flexibility
The idea of an industrial metaverse has attracted much interest in recent months. It describes a highly immersive and connected virtual and physical reality enabling never-before-seen levels of connectivity and data analytics. “Indian companies have a unique opportunity to accelerate their digital transformation with Siemens Xcelerator portfolio which includes latest technologies such as industrial AI, industrial edge, digital twin and 5G,” says Peter Koerte, chief technology officer & strategy officer, Siemens AG. On a recent visit, Koerte and Sunil Mathur, MD & CEO, Siemens India, spoke to Sudhir Chowdhary on some of the megatrends and digital use cases on Siemens Xcelerator. How do you envision the integration of the industrial metaverse with traditional manufacturing processes? Peter Koerte: The industrial metaverse helps industry become much faster, more flexible, and also more sustainable. We recently built a brand-new factory, but that new factory was first built as a digital twin where we had optimised every machine, every workflow, and every material flow. As a result, our workers already knew how to operate the machines. By the time we started this new factory, it was already 20% more productive. Since we have the digital layout and we can seamlessly combine the real and the digital world, this synergy allows us to achieve 40% increase in flexibility
🔫 Gucci Cosmos Land Opens in The Sandbox Metaverse Game
Luxury fashion house Gucci has brought its archival exhibition in London to the metaverse, opening Gucci Cosmos Land in The Sandbox virtual world game. The digital experience allows visitors to explore decades of Gucci history and iconic designs through an interactive journey, the company announced Wednesday. Originally envisioned by artist Es Devlin and curated with archival Gucci designs by Maria Luisa Frisa, Gucci Cosmos Land evokes the real-world Cosmos exhibition. "Gucci Cosmos Land is a new way for fashion and history lovers alike to access the iconic London-based exhibition from anywhere in the world," said Sebastien Borget, COO and co-founder of The Sandbox, in the announcement. "It will allow visitors to immerse themselves into Gucci's past, present, and future." The metaverse activation serves as an homage to Gucci's origins and continued innovation since being founded in 1921. Gucci founder Guccio Gucci drew inspiration working as a porter at The Savoy Hotel in London in the late 19th century before launching what would become an iconic luxury brand. Ethereum-based metaverse game that allows players to purchase virtual land via NFTs and develop their own games and experiences.
Luxury fashion house Gucci has brought its archival exhibition in London to the metaverse, opening Gucci Cosmos Land in The Sandbox virtual world game. The digital experience allows visitors to explore decades of Gucci history and iconic designs through an interactive journey, the company announced Wednesday. Originally envisioned by artist Es Devlin and curated with archival Gucci designs by Maria Luisa Frisa, Gucci Cosmos Land evokes the real-world Cosmos exhibition. "Gucci Cosmos Land is a new way for fashion and history lovers alike to access the iconic London-based exhibition from anywhere in the world," said Sebastien Borget, COO and co-founder of The Sandbox, in the announcement. "It will allow visitors to immerse themselves into Gucci's past, present, and future." The metaverse activation serves as an homage to Gucci's origins and continued innovation since being founded in 1921. Gucci founder Guccio Gucci drew inspiration working as a porter at The Savoy Hotel in London in the late 19th century before launching what would become an iconic luxury brand. Ethereum-based metaverse game that allows players to purchase virtual land via NFTs and develop their own games and experiences.
Individual creators will ultimately shape the metaverse: Sandbox founders
Individual creators and brands will ultimately determine the future of the metaverse, not a centralized entity, according to the co-founders of The Sandbox.The team behind the Ethereum-based metaverse announced on X (formerly Twitter) it had made The Sandbox Map accessible to everyone, where “LAND” owners can publish their own experiences without needing to partake in an application process (which was previously required).
Individual creators and brands will ultimately determine the future of the metaverse, not a centralized entity, according to the co-founders of The Sandbox.The team behind the Ethereum-based metaverse announced on X (formerly Twitter) it had made The Sandbox Map accessible to everyone, where “LAND” owners can publish their own experiences without needing to partake in an application process (which was previously required).
🖼 Animoca Brands’ gaming studio GAMEE to hold NFT-gated mobile game tournament
Animoca Brands Corporation Ltd’s subsidiary arcade gaming studio GAMEE has revealed its most ambitious gaming event to date: Arc8 GameFest, scheduled to be held on 16-30 November 2023. Arc8 GameFest is an NFT-gated mobile game tournament that boasts a total prize pool worth US$120,000, comprising both tokens and highly sought NFTs from the event’s sponsors and partners. Interested players are invited to mint a GameFest Pass on OpenSea to access the event. Following the Arc8 League: Season 0 held this past July, Arc8 GameFest offers players a larger game tournament with an increased prize pool and a wider list of partners ranging from other Animoca Brands portfolio companies and projects to major gaming projects and international gaming communities. Other partners of Arc8 GameFest have contributed into the prize pool and have committed to enhance Arc8 GameFest’s engagement and reach. One of these partners is Mocaverse, Animoca Brands’ marquee NFT project, which has returned to support Arc8 GameFest, following the Into the Mocaverse campaign earlier this year.
Animoca Brands Corporation Ltd’s subsidiary arcade gaming studio GAMEE has revealed its most ambitious gaming event to date: Arc8 GameFest, scheduled to be held on 16-30 November 2023. Arc8 GameFest is an NFT-gated mobile game tournament that boasts a total prize pool worth US$120,000, comprising both tokens and highly sought NFTs from the event’s sponsors and partners. Interested players are invited to mint a GameFest Pass on OpenSea to access the event. Following the Arc8 League: Season 0 held this past July, Arc8 GameFest offers players a larger game tournament with an increased prize pool and a wider list of partners ranging from other Animoca Brands portfolio companies and projects to major gaming projects and international gaming communities. Other partners of Arc8 GameFest have contributed into the prize pool and have committed to enhance Arc8 GameFest’s engagement and reach. One of these partners is Mocaverse, Animoca Brands’ marquee NFT project, which has returned to support Arc8 GameFest, following the Into the Mocaverse campaign earlier this year.
This media is not supported in your browser
VIEW IN TELEGRAM
You can now trade your NFT for someone else's with Deals, Opensea's newest feature .
You can even add a combo of your NFTs for a combo of theirs — add WETH to the offer.
Offer, view, and accept deals directly on OS, no need for scammy websites or DMs.
You can even add a combo of your NFTs for a combo of theirs — add WETH to the offer.
Offer, view, and accept deals directly on OS, no need for scammy websites or DMs.
🖼 NFT exhibition by Indian-American girl enthralls Kerala kids
An exhibition of non-fungible token (NFT) digital paintings by Indian-American girl Teresa Melvin has captured the imagination of art enthusiasts here. She is also conducting a workshop on NFT art for children in the age group of 8-12 as part of the expo. Teresa has by now sold more than 1000 digital art works as NFT worth Rs 3 million. The show titled 'Coming Home' features over 100 works done by Teresa in a span of two years and is being displayed on 11 screens. The workshop focuses on character art besides she also explains the process of converting digital art into derivative art. Teresa is the daughter of Palakkad native Melvin and Nimmy. Both of her parents have been trained in painting at RLV College, Tripunithura. Teresa is renowned for her creation of the unique characters Ava Ramona. She has created and sold over 1,000 artworks on prominent platforms. She is a recipient of the ‘Creator of the year’ award by Met Ams, an international web3 event in Amsterdam. Her artworks have been exhibited at major international events across India, the UK, Dubai, Bali, Canada, and the US. NFT exhibition by Indian-American girl enthralls Kerala kids
An exhibition of non-fungible token (NFT) digital paintings by Indian-American girl Teresa Melvin has captured the imagination of art enthusiasts here. She is also conducting a workshop on NFT art for children in the age group of 8-12 as part of the expo. Teresa has by now sold more than 1000 digital art works as NFT worth Rs 3 million. The show titled 'Coming Home' features over 100 works done by Teresa in a span of two years and is being displayed on 11 screens. The workshop focuses on character art besides she also explains the process of converting digital art into derivative art. Teresa is the daughter of Palakkad native Melvin and Nimmy. Both of her parents have been trained in painting at RLV College, Tripunithura. Teresa is renowned for her creation of the unique characters Ava Ramona. She has created and sold over 1,000 artworks on prominent platforms. She is a recipient of the ‘Creator of the year’ award by Met Ams, an international web3 event in Amsterdam. Her artworks have been exhibited at major international events across India, the UK, Dubai, Bali, Canada, and the US. NFT exhibition by Indian-American girl enthralls Kerala kids
Track Champions League launches mobile metaverse
The UCI Track Champions League and Infinite Reality have launced a metaverse platform for the Track Champions League. First revealed at a trial for the London event last year, which Broadcast Sport wrote about here, the platform includes public and private lounges for viewers to meet each other in, biometric rider race data to see during races, on-demand highlights and exclusive content such as behind-the-scenes docuseries Back On Track.
The metaverse will be available on the App Store from 10 November, leading into the two London rounds taking place this weekend.
The UCI Track Champions League and Infinite Reality have launced a metaverse platform for the Track Champions League. First revealed at a trial for the London event last year, which Broadcast Sport wrote about here, the platform includes public and private lounges for viewers to meet each other in, biometric rider race data to see during races, on-demand highlights and exclusive content such as behind-the-scenes docuseries Back On Track.
The metaverse will be available on the App Store from 10 November, leading into the two London rounds taking place this weekend.
🖼 Six-Figure Prices for Bitcoin Rock Ordinals and EtherRock NFTs Reignite Hopes for Return of NFT Mania
Nonfungible tokens (NFTs) are back in the spotlight this week after separate high-profile sales of EtherRock NFTs and Bitcoin Rock Ordinals for over $100,000 each. The sales come amid a resurgent cryptocurrency market, with Bitcoin rallying past $37,000 for the first time since May 2022 and Ethereum surging above $2,100 on renewed optimism. With crypto prices rallying, the mood among cryptocurrency investors has shifted to guarded hope that the market may have put in a definitive low. The hugely popular EtherRock collection consists of 100 indistinguishable grey boulder NFTs on the Ethereum blockchain. EtherRock #95 from the popular EtherRock NFT collection sold for 100 ETH earlier today, valued at around $209,000 at the time, while a Bitcoin Rock Ordinal NFT from a comparable collection was also sold for 2.99 BTC, worth over $111,000. While neither collection comes with any special benefits or utilities beyond the NFTs themselves, these seemingly basic images of rocks have accrued tremendous speculative value. Social media reaction to the sales appears divided. Some see it as a welcome return to the “frothy frenzy” of last year’s peak market, while others consider it reminiscent of the overexuberance and “absurdity” that eventually led to the crypto crash.
Nonfungible tokens (NFTs) are back in the spotlight this week after separate high-profile sales of EtherRock NFTs and Bitcoin Rock Ordinals for over $100,000 each. The sales come amid a resurgent cryptocurrency market, with Bitcoin rallying past $37,000 for the first time since May 2022 and Ethereum surging above $2,100 on renewed optimism. With crypto prices rallying, the mood among cryptocurrency investors has shifted to guarded hope that the market may have put in a definitive low. The hugely popular EtherRock collection consists of 100 indistinguishable grey boulder NFTs on the Ethereum blockchain. EtherRock #95 from the popular EtherRock NFT collection sold for 100 ETH earlier today, valued at around $209,000 at the time, while a Bitcoin Rock Ordinal NFT from a comparable collection was also sold for 2.99 BTC, worth over $111,000. While neither collection comes with any special benefits or utilities beyond the NFTs themselves, these seemingly basic images of rocks have accrued tremendous speculative value. Social media reaction to the sales appears divided. Some see it as a welcome return to the “frothy frenzy” of last year’s peak market, while others consider it reminiscent of the overexuberance and “absurdity” that eventually led to the crypto crash.
BRC-20 SATS Emerges as Dominant Player in NFT Market, Surpassing CryptoPunks and BAYC
According to the latest data from NFTScan, the cumulative number of inscriptions minted on the Bitcoin blockchain has reached an impressive milestone of nearly 38 million. These inscriptions have significantly contributed to the Bitcoin network, generating over 2,400 BTC in transaction fees. Moreover, the popularity of inscriptions is evident from the fact that there are now more than 672,000 wallets holding these unique digital assets. In the recent week, the BRC-20 SATS token has emerged as a dominant player in the NFT market.
In the recent week, the BRC-20 SATS token has emerged as a dominant player in the NFT market with a staggering transaction volume of over $32 million. With a staggering transaction volume of over $32 million, it has surpassed other popular NFT projects such as CryptoPunks and Bored Ape Yacht Club (BAYC).
According to the latest data from NFTScan, the cumulative number of inscriptions minted on the Bitcoin blockchain has reached an impressive milestone of nearly 38 million. These inscriptions have significantly contributed to the Bitcoin network, generating over 2,400 BTC in transaction fees. Moreover, the popularity of inscriptions is evident from the fact that there are now more than 672,000 wallets holding these unique digital assets. In the recent week, the BRC-20 SATS token has emerged as a dominant player in the NFT market.
In the recent week, the BRC-20 SATS token has emerged as a dominant player in the NFT market with a staggering transaction volume of over $32 million. With a staggering transaction volume of over $32 million, it has surpassed other popular NFT projects such as CryptoPunks and Bored Ape Yacht Club (BAYC).
👏1
🖼 Mad Lads NFTs Hit All-Time High as Backpack Taps FTX Lawyer for Exchange Launch
Solana-based NFT wallet app Backpack will launch a cryptocurrency exchange based in Dubai, the company has added former FTX general counsel Can Sun to lead the exchange. And now Backpack’s associated NFT project, Solana’s Mad Lads, has soared to an all-time high price. The news comes just weeks after Sun testified against ex-boss Sam Bankman-Fried in the U.S. government’s fraud trial against the FTX co-founder and former CEO. According to the report, Trek Labs aims to sell a 10% stake of the company to investors at a valuation above $100 million. Coral co-founder and CEO Armani Ferrante is listed as a minority shareholder in Trek Labs, per the report, while his wife Claire Zhang also holds a stake. Zhang was previously Sun’s deputy at FTX, while Ferrante himself worked at both Alameda and FTX before founding Coral. Trek Labs announced in October that it obtained a Virtual Asset Service Provider license from the Dubai Virtual Assets Regulatory Authority (VARA) to launch a regulated exchange in the country. Sun disclosed his history with FTX during the regulatory application process, according to the Wall Street Journal.
Solana-based NFT wallet app Backpack will launch a cryptocurrency exchange based in Dubai, the company has added former FTX general counsel Can Sun to lead the exchange. And now Backpack’s associated NFT project, Solana’s Mad Lads, has soared to an all-time high price. The news comes just weeks after Sun testified against ex-boss Sam Bankman-Fried in the U.S. government’s fraud trial against the FTX co-founder and former CEO. According to the report, Trek Labs aims to sell a 10% stake of the company to investors at a valuation above $100 million. Coral co-founder and CEO Armani Ferrante is listed as a minority shareholder in Trek Labs, per the report, while his wife Claire Zhang also holds a stake. Zhang was previously Sun’s deputy at FTX, while Ferrante himself worked at both Alameda and FTX before founding Coral. Trek Labs announced in October that it obtained a Virtual Asset Service Provider license from the Dubai Virtual Assets Regulatory Authority (VARA) to launch a regulated exchange in the country. Sun disclosed his history with FTX during the regulatory application process, according to the Wall Street Journal.
NFT Boom: CryptoPunks Collection Shines With 900% Trading Volume Increase
The non-fungible token (NFT) industry has predominantly experienced a decline in trading activity since the beginning of the year, but the market appears to be currently undergoing a noteworthy and positive transformation. Based on on-chain data, one of the major collections that seems to be leading this recent surge is the CryptoPunk non-fungible tokens. CryptoPunks, a series of 10,000 unique pixel art characters on the Ethereum blockchain.
According to data from blockchain analytics firm IntoTheBlock, there has been a substantial surge in the trading volume of the Cryptopunks NFT collection, escalating from $200,000 to well over $3 million in the previous week. The trading volume is a crucial metric that helps measure market interest, market activity, and liquidity of a non-fungible token collection.
The non-fungible token (NFT) industry has predominantly experienced a decline in trading activity since the beginning of the year, but the market appears to be currently undergoing a noteworthy and positive transformation. Based on on-chain data, one of the major collections that seems to be leading this recent surge is the CryptoPunk non-fungible tokens. CryptoPunks, a series of 10,000 unique pixel art characters on the Ethereum blockchain.
According to data from blockchain analytics firm IntoTheBlock, there has been a substantial surge in the trading volume of the Cryptopunks NFT collection, escalating from $200,000 to well over $3 million in the previous week. The trading volume is a crucial metric that helps measure market interest, market activity, and liquidity of a non-fungible token collection.
🖼 OpenSea NFT users report massive email phishing campaign
Users of the major nonfungible token (NFT) marketplace OpenSea have said they are being targeted with a new email phishing attack and have received emails containing malicious links from attackers posing as the marketplace. According to social media reports, OpenSea users and developers have been targeted by various email phishing campaigns, including a fake developer account risk alert and a fake NFT offer. One OpenSea developer took to X (formerly Twitter) on Nov. 13 to report receiving a phishing attempt at an email strictly dedicated to their OpenSea Application Programming Interface (API) key. “In other words, dev contacts have been exfiltrated from OpenSea and are the real target in this campaign,” the post read. The social media report came in response to OpenSea’s insistence that the platform has not been hacked and urging users not to click on links they don’t trust. Another OpenSea user took to Reddit to express confusion about the ongoing phishing campaign on Nov. 14.
Users of the major nonfungible token (NFT) marketplace OpenSea have said they are being targeted with a new email phishing attack and have received emails containing malicious links from attackers posing as the marketplace. According to social media reports, OpenSea users and developers have been targeted by various email phishing campaigns, including a fake developer account risk alert and a fake NFT offer. One OpenSea developer took to X (formerly Twitter) on Nov. 13 to report receiving a phishing attempt at an email strictly dedicated to their OpenSea Application Programming Interface (API) key. “In other words, dev contacts have been exfiltrated from OpenSea and are the real target in this campaign,” the post read. The social media report came in response to OpenSea’s insistence that the platform has not been hacked and urging users not to click on links they don’t trust. Another OpenSea user took to Reddit to express confusion about the ongoing phishing campaign on Nov. 14.
NFT Boom: CryptoPunks Collection Shines With 900% Trading Volume Increase
The non-fungible token (NFT) industry has predominantly experienced a decline in trading activity since the beginning of the year, but the market appears to be currently undergoing a noteworthy and positive transformation. Based on on-chain data, one of the major collections that seems to be leading this recent surge is the CryptoPunk non-fungible tokens. CryptoPunks, a series of 10,000 unique pixel art characters on the Ethereum blockchain.
According to data from blockchain analytics firm IntoTheBlock, there has been a substantial surge in the trading volume of the Cryptopunks NFT collection, escalating from $200,000 to well over $3 million in the previous week. The trading volume is a crucial metric that helps measure market interest, market activity, and liquidity of a non-fungible token collection.
The non-fungible token (NFT) industry has predominantly experienced a decline in trading activity since the beginning of the year, but the market appears to be currently undergoing a noteworthy and positive transformation. Based on on-chain data, one of the major collections that seems to be leading this recent surge is the CryptoPunk non-fungible tokens. CryptoPunks, a series of 10,000 unique pixel art characters on the Ethereum blockchain.
According to data from blockchain analytics firm IntoTheBlock, there has been a substantial surge in the trading volume of the Cryptopunks NFT collection, escalating from $200,000 to well over $3 million in the previous week. The trading volume is a crucial metric that helps measure market interest, market activity, and liquidity of a non-fungible token collection.
🖼 Game distributor G2A opens gaming-focused NFT marketplace
Digital game vendor G2A has recently launched a marketplace for nonfungible tokens (NFTs) linked to Web3 games to expand its offerings by adding gaming NFTs to its wider collection of gaming software. According to a press release sent to Cointelegraph, the new venture launched on Nov. 15 is aimed at giving exposure to Web3 and NFT games that the G2A team has curated. With this, gamers will have the chance to see what blockchain gaming offers and be shown NFTs from games partnered with G2A. Bartosz Skwarczek, the CEO of the G2A Capital Group, said in a statement that the company has been following the development of the blockchain gaming sector since the advent of NFT gaming project Cryptokitties. As it watched, it discovered that gamers already engage with the sector despite some believing gamers hate crypto. Because of this, the game vendor launched G2A Geekverse to provide an online space for fans of Web3 games. Skwarczek added that within this space, gamers will “find information about the best Web3 games” and “have the opportunity to buy and sell digital assets associated with these games.”. Traditional gaming distributors have been warming up to Web3 gaming since 2023.
Digital game vendor G2A has recently launched a marketplace for nonfungible tokens (NFTs) linked to Web3 games to expand its offerings by adding gaming NFTs to its wider collection of gaming software. According to a press release sent to Cointelegraph, the new venture launched on Nov. 15 is aimed at giving exposure to Web3 and NFT games that the G2A team has curated. With this, gamers will have the chance to see what blockchain gaming offers and be shown NFTs from games partnered with G2A. Bartosz Skwarczek, the CEO of the G2A Capital Group, said in a statement that the company has been following the development of the blockchain gaming sector since the advent of NFT gaming project Cryptokitties. As it watched, it discovered that gamers already engage with the sector despite some believing gamers hate crypto. Because of this, the game vendor launched G2A Geekverse to provide an online space for fans of Web3 games. Skwarczek added that within this space, gamers will “find information about the best Web3 games” and “have the opportunity to buy and sell digital assets associated with these games.”. Traditional gaming distributors have been warming up to Web3 gaming since 2023.
👍1
🖼 Bazooka Tango Raises $5 Million to Revive 'Shardbound' as NFT Game
Bazooka Tango, a studio formed by former developers of the fantasy MOBA game Vainglory, has secured $5 million in a new round of funding led by Bitkraft Ventures, the game studio announced Thursday. RW3 Ventures, Sfermion, and 1Up Ventures also participated in the round. Bazooka Tango plans to use the fresh funding to expand its team and further development on its upcoming title, Shardbound, which has committed to launch on the upcoming Immutable zkEVM network. “Amid an incredibly challenging year for VC funding, it speaks volumes to the quality of our games,” said Bazooka Tango CEO Bo Daly in a statement in response to the funding news. “We are focused on expanding our team in critical disciplines essential for launching and growing the Shardbound universe,” Daly added. Shardbound is a mix of an NFT trading card game and a turn-based player-versus-player RPG, where players must place characters strategically onto a tiled board. But the game was very much incomplete when Bazooka Tango took it over from its indie developers at Spiritwalk Games, who had left many art assets unfinished.
Bazooka Tango, a studio formed by former developers of the fantasy MOBA game Vainglory, has secured $5 million in a new round of funding led by Bitkraft Ventures, the game studio announced Thursday. RW3 Ventures, Sfermion, and 1Up Ventures also participated in the round. Bazooka Tango plans to use the fresh funding to expand its team and further development on its upcoming title, Shardbound, which has committed to launch on the upcoming Immutable zkEVM network. “Amid an incredibly challenging year for VC funding, it speaks volumes to the quality of our games,” said Bazooka Tango CEO Bo Daly in a statement in response to the funding news. “We are focused on expanding our team in critical disciplines essential for launching and growing the Shardbound universe,” Daly added. Shardbound is a mix of an NFT trading card game and a turn-based player-versus-player RPG, where players must place characters strategically onto a tiled board. But the game was very much incomplete when Bazooka Tango took it over from its indie developers at Spiritwalk Games, who had left many art assets unfinished.
China declares stealing digital collections like NFTs liable for criminal theft sentence
The Chinese government says theft of digital collections violates the protection law and interests of the crime of illegally obtaining computer information system data. It outlines three views on the type of crime that theft of digital collections falls under, the first two classifying it as either data or digital property. However, the statement stresses that the third view, which sees digital collections as both data and virtual property, would fall under the umbrella of “co-offending.”
The statement explained that stealing a digital collection includes intrusion into the system on which it is housed, therefore also committing the crime of illegally obtaining computer information system data and theft.
The Chinese government says theft of digital collections violates the protection law and interests of the crime of illegally obtaining computer information system data. It outlines three views on the type of crime that theft of digital collections falls under, the first two classifying it as either data or digital property. However, the statement stresses that the third view, which sees digital collections as both data and virtual property, would fall under the umbrella of “co-offending.”
The statement explained that stealing a digital collection includes intrusion into the system on which it is housed, therefore also committing the crime of illegally obtaining computer information system data and theft.
❕ Shemaroo Entertainment collaborates with The Sandbox
According to an official release, Shemaroo Entertainment Limited, a media and entertainment conglomerate, announced its collaboration with The Sandbox, a decentralised gaming virtual world and a subsidiary of Animoca Brands, set within BharatBox, a cultural metaverse hub in The Sandbox featuring artists and brands from India’s entertainment industry. The Sandbox is a testament to Shemaroo’s plan to bring innovation and embrace the future of entertainment. Shemaroo’s foray into digital collectibles and non-fungible tokens (NFTs) is expected to have secured its presence in the metaverse. Together with BharatBox, this venture plans to reinvent entertainment, infusing Bollywood IPs such as Jab We Met, The Great Gambler, Disco Dancer, Khuda Gawah, Blue and 22 Yards, among others, offering fans a virtual engagement. Furthermore, “This partnership is not just about bringing Bollywood to the metaverse but celebrating the cinematic history of India in a space that can redefine the future,” .Shemaroo’s foray into digital collectibles and non-fungible tokens (NFTs) is expected to have secured its presence in the metaverse.
According to an official release, Shemaroo Entertainment Limited, a media and entertainment conglomerate, announced its collaboration with The Sandbox, a decentralised gaming virtual world and a subsidiary of Animoca Brands, set within BharatBox, a cultural metaverse hub in The Sandbox featuring artists and brands from India’s entertainment industry. The Sandbox is a testament to Shemaroo’s plan to bring innovation and embrace the future of entertainment. Shemaroo’s foray into digital collectibles and non-fungible tokens (NFTs) is expected to have secured its presence in the metaverse. Together with BharatBox, this venture plans to reinvent entertainment, infusing Bollywood IPs such as Jab We Met, The Great Gambler, Disco Dancer, Khuda Gawah, Blue and 22 Yards, among others, offering fans a virtual engagement. Furthermore, “This partnership is not just about bringing Bollywood to the metaverse but celebrating the cinematic history of India in a space that can redefine the future,” .Shemaroo’s foray into digital collectibles and non-fungible tokens (NFTs) is expected to have secured its presence in the metaverse.
