💎 NFT's & Metaverse Updates💎

🖼 ShardLab launches ZK-based tool for digital identity and NFT vouchers ShardLab, a blockchain arm of web3 venture capital firm Hashed, has unveiled a web application leveraging account abstraction (AA) and zero-knowledge proofs (ZK) technology to simplify the use of decentralized identity and voucher distribution. It also allows users to receive and redeem vouchers in the form of non-fungible tokens (NFTs) via QR codes, ShardLab explained. Source 💎 NFT's & Metaverse Updates 💎

🖼 Decentralized Crypto Exchange WOOFi Uses Gaming Style NFTs to Boost DeFi WOOFi, a decentralized cryptocurrency exchange (DEX) and sister to crypto exchange WOO X, is applying novel elements from the world of role-playing games (RPG) to decentralized finance (DeFi), using non-fungible tokens (NFTs) to boost yields generated by customers staking tokens on the platform. The world of DeFi, a hotbed of innovation several years ago, could probably use some fresh ideas. Source 💎 NFT's & Metaverse Updates 💎

🖼 Cardano Inrtoduces CIP25 Metadata Validation, Enhances NFTs Cardano ($ADA) has recently introduced Plutus script validation of CIP25 metadata, a technical enhancement aimed at improving the functionality of NFTs and AMMs within its ecosystem. Sebastien Guillemot, Co-founder of Paima Studios, announced the new capability on X. This technical improvement addresses a previous limitation in accessing transaction metadata from Plutus, which had hindered the development of dynamic NFTs and AMMs. Source 💎 NFT's & Metaverse Updates 💎

🖼 Glenfiddich & BlockBar To Auction Single Cask Whisky NFT To Be Redeemed For Bottles Glenfiddich Distillery is releasing a rare 1985 cask bottling, with just 150 bottles estimated to be yielded from the cask. The whisky, which will be auctioned via NFT platform, BlockBar also comes with a VIP distillery experience and an overnight stay at a William Grant & Sons house on Glenfiddich’s estate. According to a brand press release, the lot is estimated at £750,000-£1,200,000. Source 💎 NFT's & Metaverse Updates 💎

🖼 Ubisoft will add NFTs into Champions Tactics: Grimoria Chronicles Ubisoft has announced a new partnership with doublejump.tokyo for its upcoming NFT RPG, Champions Tactics: Grimoria Chronicles, doubling down with implementing NFTs in gaming, despite NFTs being an obvious market failure. This marks a continuation of its 'Quartz' NFT initiative established in 2021. Back in November 2023, Ubisoft partnered with Immutable, another NFT-focused gaming company with a lineup of three existing NFT games. Source 💎 NFT's & Metaverse Updates 💎

🖼 NFT sales record a 5% increase in the past 7 days amid market recovery According to the data, NFT sales totaled over $107 million in the past seven days. Buyers stood at 828,840, sellers at 368,251, and transactions at over 2 million. The blockchains that topped the week in NFT sales included Ethereum (>$37 million), Solana (>$22 million), Polygon (>$18 million), Bitcoin (>$15 million), and Mythos Chain (>$3 million sales). Solana’s DogeZuki, MadLads, and Polygon’s Base Ape Polygon are other top-performing collections of the week. Source 💎 NFT's & Metaverse Updates 💎

🖼 Upcoming ‘Shatterline’ Game to Feature HV-MTL NFT Mech Suits From Yuga Labs After a change of ownership this spring, the HV-MTL NFT mech suits minted on Ethereum—which were originally created by Bored Ape Yacht Club maker Yuga Labs—are set to be featured in a glossy, free-to-play arena shooter called Shatterline. Faraway, a gaming startup that still works closely with Yuga and purchased the HV-MTL and Legends of the Mara IP in April, teased the collaboration this week on Twitter (aka X). Source 💎 NFT's & Metaverse Updates 💎

🪙 Ethereum NFT Activity Declines to Lowest Level Since H1 2021 The non-fungible token (NFT) market is barely crawling, waiting for some opportunity for revival. The second quarter of 2024 saw positive dynamics, but the increase was mostly driven by Bitcoin NFTs. The metrics for Ethereum NFTs suggest a grim picture. For example, the number of unique Ethereum NFT traders on the top 15 marketplaces dropped for the sixth month in a row in June, reaching the lowest level since July 2021. Source 💎 NFT's & Metaverse Updates 💎

💰 Polygon’s New ZYNFT Tops In Daily NFT Sales Volume – Hits Over $1.2M Polygon, an Ethereum scaling solution blockchain network, is making the non-fungible token market great again. In recent days, the NFT market has seen new non-fungible token collections created on the Polygon network, dethroning dominant NFT collections and topping in trading sales volume. Data fetched by Tiexo.com, a multi-chain non-fungible token explorer, indicates that ZYNFT, another new non-fungible token collection from the Polygon network, has topped in trading sales volume, dethroning the dominant non-fungible token collections. Source 💎 NFT's & Metaverse Updates 💎

🖼 Ubisoft is still trying to make NFTs happen Ubisoft has been keeping relatively quiet about its various blockchain initiatives after debuting its controversial 'Quartz' NFT platform in 2022, but the French publisher isn't tapping out just yet. The company, which previously claimed that players simply didn't understand its NFT machinations, partnered with Immutable in November last year to create a new title on the blockchain. Source 💎 NFT's & Metaverse Updates 💎