Introduction: NFT Insider is jointly produced by NFT collection organizations WHALE Members and BeepCrypto. It condenses weekly NFT news and brings you the most comprehensive, freshest and most valuable information about NFT. Each weekly report will analyze the status quo of the NFT market from five perspectives: NFT market data, art news, game news, virtual world, and other dynamics. To understand NFT, just read the NFT Insider weekly report.
market data
Macro Market Indicators
art news
NFT project QueenE announced that it will hold the last Gen1 art auction after the death of the Queen of England
On September 9, according to Decrypt, after the death of Queen Elizabeth II, QueenE, an Ethereum-based NFT project, announced that the 73rd Gen1 artwork it was auctioning would be the last round of auction, with the highest bid so far in this round 0.5 ETH, the auction will end at 4AM EST on September 10th.
Encrypted fashion brand RTFKT is developing the INVNTRY application, which can use NFT wearable devices to customize digital goods
On September 6, Nike's encrypted fashion brand RTFKT tweeted that it was developing the INVNTRY application, built into UE5, allowing users to use NFT wearable devices to customize digital product drip and create content for its NFT series Clone X.
Digital music media company 3tone Music Group completes $50 million financing
On September 7, according to lifesly, 3tone Music Group, a digital music media company headquartered in Bristol, UK, announced the completion of a new round of financing of US$50 million, with participation from Carlton James Group. The company said they will use the latest funding to further expand its distribution platform while strengthening the company's position in the "Web3 and media market."
PUMA Launches Metaverse Website Black Station at New York Fashion Week
On September 9, according to PR Newswire, the fashion sports brand PUMA (Puma) recently launched a metaverse website experience called Black Station during the New York Fashion Week exhibition, which contains NFTs with limited convertible physical sneakers. There are three separate portals in the PUMA digital lobby space, the first two are linked to Puma's recently launched Nitropass, users who mint a Nitropass can earn two NFTs, one linked to a physical product and the other unlocked to a sneaker of their choice bespoke experience; a third portal will serve as the entry point to the New York Fashion Week virtual world fashion shows.
game news
Sorare will partner with the NBA to launch an Ethereum-based NBA Fantasy League NFT game
On September 7, according to Decrypt, NFT sports game developer Sorare announced that it has reached a partnership with the NBA and the National Basketball Players Association (NBPA) to jointly launch an NBA Fantasy League NFT game that allows users to collect and use Ethereum-based NFT player card, form a fantasy lineup to participate in the league.
Animoca Brands completes US$110 million in financing, with participation from Temasek and Boyu Capital
On September 8, Animoca Brands completed a financing of US$110 million, with participation from Temasek, Boyu Capital and GGV Capital. The financing is in the form of convertible bonds. The new funds will be used to fund strategic acquisitions, investments and product development, license popular intellectual property, and advance "open virtual worlds," including efforts to promote digital property rights for online users. According to Bloomberg, citing people familiar with the matter, Temasek will lead a new round of financing of US$100 million in Animoca Brands through convertible bonds.
Axie Infinity to Launch Axies Accessories, Mini Game for Landholders, and Off-Chain Land Alpha Game
On September 9th, VentureBeat reported that Axie Infinity developer Sky Mavis announced a series of new features and products at the first AxieCon conference in Barcelona, Spain, including Axies accessories, mini games for landholders, and will be released by the end of 2022. The off-chain Land Alpha game and more. In addition, Axie Infinity announced that it will upgrade "Axie Infinity: Origins" to "Axie Infinity: Origins". The first season of the game will start on September 14th. Prize players.
YGGSEA Community Holds Mid-Autumn Festival Celebration
On September 9th, the YGGSEA community, a blockchain game organization, held a giveaway event on its official Twitter to celebrate the Mid-Autumn Festival. The event lasts for 3 days and ends on September 11. 15 lucky winners will be drawn to give away 15 NFTs.
Coinbase will help game entertainment company Enthusiast Gaming build chain game products
On September 9, according to The Block, Coinbase will provide infrastructure for game entertainment company Enthusiast Gaming to help it build chain game products. Coinbase will provide Enthusiast Gaming with encrypted wallets, blockchain nodes, payment methods for fiat and cryptocurrency swaps, and other tools through its Coinbase Cloud developer platform. Enthusiast Gaming will use these tools to build its blockchain shooter game EV.IO, a browser-based first-person shooter (FPS) game that allows users to earn cryptocurrency as rewards for in-game achievements. It is reported that Enthusiast Gaming’s revenue in the second quarter of 2022 will be US$51.1 million. The company has established partnerships with Adidas, HBO Max, Universal Pictures, Lego, and the game NFT market Fractal.
virtual world news
DBS Bank of Singapore settled in The Sandbox Metaverse
On September 9th, according to Forkast, DBS Bank, the largest commercial bank in Singapore, announced a partnership with The Sandbox, a metaverse game platform. It will purchase land in The Sandbox to create "DBS BetterWorld" and build a virtual community for the use of digital avatars. 3D virtual world for customers to build new services. Previously, JPMorgan Chase, HSBC, and Union Bank of India have all reached cooperation with The Sandbox to explore business opportunities in the virtual world.
Metaverse architecture startup Smobler Studios closes $1.2 million seed round
On September 7, metaverse architecture start-up Smobler Studios announced the completion of a $1.2 million seed round of financing. The Sandbox, accelerator and venture capital fund Brinc, and Web3 financing platform Enjinstarter participated in this round of financing. Smobler Studios promises to cooperate with The Sandbox to help brands and service providers conduct payment transactions more conveniently in the Metaverse world.
Social software Soul launched the first digital collection Soul-MOBIUS
On September 7, the social software Soul announced that it will release the first digital collection Soul-MOBIUS at 10:00 on September 9, with a total of 15,996 collections. At present, you can search for "Digital Collection Avatar" in the APP to make an appointment. According to the official statement, this collection has the rights and interests of exclusive identity identification, special discount coupons for cooperative trendy brands, etc.
CREDAI and Venture Catalysts set up a $100 million proptech fund, focusing on investment in blockchain real estate and other fields
On September 8, according to yourstroy, the Confederation of Real Estate Developers Associations of India (CREDAI) and the comprehensive incubator and accelerator Venture Catalysts announced the establishment of a proptech fund with a total scale of 100 million US dollars, focusing on investment through data analysis, block Blockchain, augmented reality (AR), artificial intelligence and other technologies to promote the development of the real estate industry startups.
other news
Ethereum scaling solution Fuel Labs completes $80 million in financing
On September 7th, Fuel Labs, an Ethereum expansion solution, announced the completion of $80 million in financing, led by Blockchain Capital and Stratos Technologies, with participation from Alameda Research, CoinFund, Bain Capital Crypto, TRGC, Maven 11 Capital, Blockwall, Spartan, Dialectic and ZMT. cast. It is reported that Fuel Labs is a start-up company aimed at accelerating encrypted transactions, hoping to provide the best experience for developers in the blockchain field through its "Modular Execution Layer (MEL)".
NFT fine wine platform Winechain.co completed a new round of financing of 6 million euros
On September 7, Winechain.co, an NFT fine wine platform, announced the completion of a new round of financing of about 6 million euros. The participants included some well-known family institutions in the wine field, including the Rouzaud family of Roederer Champagne Roederer / Château Pichon-Comtesse, With the Reybier family of Château Cos d’Estournel, and the Moueix (Videlot) and Perrin (Château de Beaucastel / MIRAVAL) families, the new funding will propel the platform to accelerate the use of NFTs to connect premium wine estates with a new generation of wine lovers around the world.
BreederDAO CEO Renz said that games will return to providing entertainment first
On September 7th, BreederDAO CEO Renz participated in a roundtable consisting of partner Emfarsis and industry leaders victorcaribe, Nico del Pino and Kat wolf. The moderator was Leah Callon. They talked about the development direction of P2E. "Gaming will go back to providing entertainment first and the ability to transact and sell second," Renz said. He then mentions Genshin Impact, a good example of an interesting Web2 game that organically spawned Underground account sales market. At the same roundtable, Leah also introduced Playcore, a platform built by BreederDAO that provides analytical tools to monitor the economic health of P2E games.
Smart Wallet Twitter Space returns: Season 2 welcomes new guests
On September 7th, the Ambire Wallet smart wallet series reboot, and in season two, Smart Wallet Twitter Space will take things up a notch, diving deeper into the technology and its intricacies. As we are on the verge of an Ethereum merger, trust us to explore what the future of Ethereum will bring to smart wallets, and also expect us to dive into topics like the world of stablecoins, cryptocurrency market strategy, or community building .
NFT casting platform Fair.xyz cooperates with OpenSea to launch soul binding Token Minter Token
On September 8, the NFT minting platform Fair.xyz cooperated with OpenSea to launch the soul-bound Token Minter Token as a new way for creators to interact with their OG community. It can be directly integrated into smart contracts, allowing minters for NFT projects Build a closed experience and be compatible with all historical, present and future NFTs.
Oracle protocol Switchboard launches permissionless, customizable oracle testnet on Aptos
On September 8, the custom oracle protocol Switchboard launched a license-free, customizable oracle testnet on Aptos to allow developers to build common data sources (prices, sports, weather, etc.).
Decentralized investment platform Syndicate releases Web3 social NFT casting function Collectives
On September 8, the decentralized investment platform Syndicate released the ERC-721M-based Web3 social NFT casting function Collectives. This function supports the minting of NFTs using the ERC-721M standard and creates an on-chain social network. Developed by Syndicate, the ERC-721M standard has a modular design, allows custom plugins and metadata renderers to be exchanged within contracts, and has built-in management tools. Therefore, the NFT generated by Collectives can achieve strong customization functions, and can be continuously updated as the community changes according to user settings.
Immutable X Partners with Sports NFT Buying Platform Personal Corner
On September 8, according to itnewsonline, Immutable X, an Ethereum Layer 2 expansion solution, announced a partnership with Personal Corner, a sports NFT purchase platform, to help athletes use the advantages of Web3 technology to sell NFT directly to consumers to increase income. It is reported that Personal Corner was founded by NFL star Dez Bryant in 2016. The platform issues star NFT, which can enhance the value of NFT according to the outstanding performance of the star on the field.
The American car brand Ford has submitted trademark applications related to Metaverse and NFT
On September 8, Mike Kondoudis, a trademark registration attorney at the US Trademark Office, stated that the American car brand Ford has submitted 19 metaverse and NFT-related trademark applications, covering virtual cars, trucks, vans and clothing, as well as NFT online stores.
Pos Malaysia issues first NFT stamp
On September 8, according to thestar, in conjunction with the month-long National Day and Malaysia Day celebrations, Malaysia Post announced the issuance of the first NFT stamps, and stated that every time users purchase #Empatbelas Setem Ku Special Edition Stamp Folder Set, you can Redeem a total of 14 limited-edition NFT stamps for free. The set also includes three envelopes, three postcards, a specially designed folder and a user guide for redeeming free NFT stamps. The NFT redemption time needs to be in October before the 31st.
Sui development team Mysten Labs completes $300 million in financing led by FTX Ventures
On September 8th, Sui development team Mysten Labs completed a $300 million financing led by FTX Ventures, a16z Crypto, Jump Crypto, A&T Capital, Apollo, Binance Labs, Franklin Templeton, Coinbase Ventures, Bixin Ventures, Circle Ventures and Lightspeed Venture Partners Wait to vote.
The Chicago Bulls will launch its iconic LOGO NFT series "The Aurochs" on Coinbase
On September 9, according to business2community reports, the NBA Chicago Bulls announced plans to launch the NFT series "The Aurochs" based on its 56-year-old LOGO on the Coinbase NFT market before the end of this month. It is reported that the iconic LOGO of the Chicago Bulls was created by commercial designer Dean Wessel (Dean Wessel) and has never been changed so far. At present, the Chicago Bulls have invited more than 23 skilled artists and designers from the NFT industry Designers, including Michael Salisbury, Bobby Hundreds, Blake Jamieson, and Maliha Abidi to redesign their NBA logo NFT, these NFT will be minted on the Ethereum blockchain, the auction is scheduled to start on September 22, with a starting price of 0.2 ETH.
About WHALE
WHALE is an all-round membership club for native digital, founded in 2020 by the pseudonym WhaleShark, WHALE has more than 25,000 members worldwide, focusing on long-term discussion and immersion of Web 3 and real digital asset scarcity, ownership and management. revolution. Powered by the club's native social token $WHALE and the club's treasury $WHALE Vault, WHALE provides physical and metadata content, information and experiences for a new generation of digital enthusiasts. WHALE has become the world's largest social token community, funded by the world's most valuable collection of NFTs. Areas of focus include: digital art, digital photography, digital music, decentralized games and metaverse.
About BeepCrypto
BeepCrypto is a community and research-driven media in China, focusing on NFTs, DAO, Social Token and Creator Economy. It is one of the earliest institutions in China to pay attention to NFTs, and has served many well-known projects, including The Sandbox, REVV, Yield Guild Games, YGGSEA, Aavegotchi, Unicly, Aurory, RTFKT, Terra Virtua, BreederDAO, etc. BeepCrypto has a strong NFT background and is also the chief partner of WHALE members, an NFT collection organization.