Disclaimer: The information provided in this newsletter is for general informational purposes only and should not be construed as financial, investment, or other professional advice. Any reliance you place on the information provided is strictly at your own risk. Do your own research.
Heya! We know it's tough keeping up with everything that is going on in the Web3 space; that’s why at NFT Pill, we strive to bring you the juiciest news through our newsletters. Stay in the loop by subscribing here.
Deloitte, Goldman Sachs, Microsoft among institutional players partnering on new blockchain network
A consortium of major players in the financial industry, led by Digital Asset, has announced the upcoming launch of the Canton Network. This new blockchain network is specifically designed for institutional assets and will be the first of its kind to offer privacy-enabled interoperability. The consortium includes numerous well-known firms such as BNP Paribas, Goldman Sachs, and Microsoft, among many others. The goal of the Canton Network is to facilitate synchronized financial markets in a responsible manner, and unlock new possibilities for the industry.
If you are interested in this topic, I have written a complete article covering this new blockchain protocol and digital identity. You can find the article by following this link.
Adidas x Tokenproof + the Collaboration with Doodles & Pharrell
Adidas has collaborated with Tokenproof in order to introduce its sports and lifestyle brand to the NFT community. Their objective is to offer advantages to owners by means of a token-restricted entry point on the Adidas CONFIRMED application. Additionally, Tokenproof's reliable authentication technology has been smoothly incorporated into the app. As a result, individuals possessing "ALTS by Adidas" NFTs can obtain access to exclusive partnerships and designer merchandise.
Read the full article 👇
The collaboration between Adidas, Doodles, and Pharrell can be referred to as the "Web3 Shoe Wars." The combination of Web3 technology and sneaker culture is proving to be a perfect match. Add a celebrity into the mix, and it becomes an unbeatable trifecta. It could be argued that NFT projects are a new type of media brand, one that is heavily influenced by the community
WME x Pudgy Penguins
WME, a talent agency with strong connections in the entertainment and gaming industries, will serve as the representative for the NFT venture Pudgy Penguins. By leveraging WME's network, Pudgy Penguins aims to establish beneficial collaborations that will expand its reach and attract fresh audiences.
Block’s Cash App generated $50 million of Bitcoin gross profit
In the first quarter of the year, Jack Dorsey's Block Cash App unit generated more than $2 billion in revenue from Bitcoin, according to the fintech company's report.
Jeff Burton, who was a co-founder of Electronic Arts, has joined the P2Earn Web3 Gaming Guild.
Is Play-to-Earn gaming dead? The latest addition to P2Earn suggests otherwise. Jeff Burton, a well-established figure in the video game industry and co-founder of Electronic Arts, has taken on the role of Chairman of the Board of Advisors for the Canadian blockchain gaming company P2Earn. P2Earn, a publicly-listed Web3 gaming guild, has plans to provide gamers with an online platform, gaming equipment, and access to video game NFTs in return for a percentage of their earnings. The platform is scheduled to be launched on the Ethereum scaling network Polygon before the end of Q2 2023, as stated in a recent tweet.
Read the full article 👇
Star Wars crypto toys coming through Disney, Cryptoys partnership
In celebration of Star Wars Day, aspiring Jedis worldwide are wielding their lightsabers, and Cryptoys has announced that it will collaborate with Disney to offer digital toys modeled after three of the franchise's most iconic characters. With the support of investors such as Andreessen Horowitz, Mattel, and Dapper Labs, Cryptoys plans to launch 15 exclusive limited-edition digital collectibles of Luke Skywalker, Princess Leia, and Darth Vader. Despite being a prominent seller of merchandise based on renowned intellectual property, The Walt Disney Company has not made a significant move into the world of cryptocurrency.
Read the full article 👇
Michelin launches the ‘Michelin 3xplorer Club’, an exclusive NFT collection
A collection of 5,000 NFTs, featuring the iconic Michelin Man portrayed in 5,000 distinct variations, which offers privileged access to Michelin-related experiences.
Read the full article 👇
Nike First NFT Digital Sneaker Collection Delayed
The Our Force 1 launch is being delayed by one week, with the first access sale beginning on May 15.
Read the Tweet 👇
Moonbirds Community Metaverse
___________________________________________________________________________________________
Quick Hits
Bitcoin Ordinals has launched on Binance NFT Marketplace. The NFTs, created by artist Trevor Jones and crypto artist Pak, feature ordinal numbers made out of bitcoin.
Source: BlockworksUS-based cryptocurrency exchange Bittrex has filed for bankruptcy in Delaware. The company has cited financial difficulties and regulatory pressure as reasons for the filing. The exchange plans to continue operations during the bankruptcy proceedings. Source: CoinDesk
IBM has introduced a range of new AI services, including generative models for text, audio, and images. The services are designed to help businesses create more advanced AI models without requiring specialized skills.Source: TechCrunch
QOD
"Success is not final, failure is not fatal: It is the courage to continue that counts." - Winston Churchill
🆙Ins
AI
P2E
Memes
Disclaimer: The information provided in this newsletter is for general informational purposes only and should not be construed as financial, investment, or other professional advice. Any reliance you place on the information provided is strictly at your own risk. The content is not intended to be a substitute for professional advice or judgment and should not be relied upon for that purpose. NFTSYD makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the newsletter or the information, products, services, or related graphics contained in the newsletter for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will NFTSYD and its contributors be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this newsletter.