In this week’s newsletter, read about Playboy’s upcoming virtual mansion in The Sandbox (SAND). Find out how a startup offers lifetime access to Netflix and Spotify through non-fungible tokens (NFTs) and how NFTs can connect gaming and the blockchain.
Plus, find out how GameStop is launching its own NFT marketplace. And don’t forget this week’s Nifty News report featuring the “Ape Now, Pay Later” chart from a decentralized finance (DeFi) platform.
Playboy launches “MetaMansion” for the first time in The Sandbox
Metaverse The Sandbox has announced that it has partnered with lifestyle company Playboy to launch a digital version of the iconic Playboy mansion. In collaboration, Playboy MetaMansion will be created in the digital world with the integration of NFT collectibles into the social game.
Back in 2021, Playboy launched its Rabbitars NFT project, which includes bunny avatars that sold for $800 each. Within the MetaMansion, holders of Rabbitars NFTs will have exclusive access to exclusive experiences. However, the project details and launch date were not disclosed.
Croatian Web3 startup offers lifetime membership to Netflix and Spotify via NFTs
Ticket provider Revuto has announced a lifetime subscription model for Netflix and Spotify through NFTs. According to the project, Revolution NFT will allow 10,000 users with a subscription model that will give them lifetime access to Spotify and Netflix.
Dino Ivankovic, CEO of Revuto, told Cointelegraph that the subscription model allows users to monetize unused subscriptions through NFTs. In addition, NFTs can be traded on crypto exchanges.
How will NFTs connect traditional games and the blockchain? Explains Enjin CTO Witek Radomski
Cointelegraph Markets Pro spoke with Witek Radomski, chief technology officer of Enjin, in an ask me anything about his thoughts on GameFi and NFTs. According to Radomsky, once the crypto winter settles in, there will be a renaissance in blockchain gaming.
The CEO believes that with the use of NFTs, blockchain games can go beyond just earning cryptocurrency through gaming. It points out that the history, ownership, digital rights, and utility of all digital creations can be linked through NFTs. With this, Radomski believes that NFTs can have a role in digital identity verification to solve problems related to impersonation.
Related Topics: Play it Louder: Companies Bring Music Licensing to the Blockchain
GameStop launches beta NFT public market
Video game company GameStop has launched a public beta from its NFT Marketplace. Through this project, GameStop aims to provide a low-fee, high-speed NFT marketplace to its users. Through its platform, the company will provide many features such as statistics and educational content.
Apart from this, the platform is a non-precautionary Ethereum layer-2 implementation. Users can access it through any Ethereum compatible wallet and GameStop wallet. There are actually hundreds of NFT kits available on the platform. However, GameStop notes that users should expect outage until the full version is released.
Nifty News: Total BAYC heists hack $18.5 million, ‘Ape Now, Pay Later’ loans come for NFTs and more
Lending platform Teller Finance has launched an “Ape Now, Pay Later” scheme that mimics the popular “buy now, pay later” payment structure in traditional finance. As the name suggests, users can get NFTs and pay them in installments over time.
Meanwhile, an Australian music festival has launched an event that uses NFTs in the ticketing process. The festival, called The Grass is Greener, will launch 1,111 NFTs that will give holders access to the event along with experiences like behind the scenes and access to VIPs.