NFT PILL NEWSLETTER-PILL#007
GM!
We know it's tough keeping up with everything that is going on in the Web3 space; that’s why at NFT Sydney, we strive to bring you the juiciest news through our newsletters. Stay in the loop by subscribing here.
Central Bank Digital Currency (CBDC): Increasing Financial Inclusion or Widening the Gap?
The launch of the second stablecoin in Australia, namely AUDN, by the National Australian Bank (NAB) aims to boost the digital economy and put a spotlight on institutional-based cryptocurrency. The following report from the Massachusetts Institute of Technology (MIT)clearly explains the challenges and possible benefits.
NYX wants to create a crypto-savvy community of aesthetic enthusiasts
The L'Oréal-owned company NYX Professional Makeup announced on 11 January that it is creating a DAO named GORJS and 1,000 Ethereum NFTs called the "FKWME Pass" as an online beauty "incubator."
Microsoft strengthens its relationship with OpenAI with a "multibillion-dollar investment."
With a new "multiyear, multibillion-dollar commitment," Microsoft claims it is extending its long-standing collaboration with OpenAI. The funding comes just after Microsoft was supposed to have committed $10 billion to OpenAI, the company behind well-known AI technologies like ChatGPT and DALL-E 2.
YUGA's Dookey Dash game generated $35.7 million in trading volume
Yuga Labs has launched Dookey Dash, an NFT-gated endless runner game that has registered more than $35.7 million in trading volume. In its debut week, the players have traded the Sewer Pass NFTs, which give access to the game, 9,601 times.
Beeple announces his studio grand opening
In a recent tweet the artist announced : "extremely excited to announce the GRAND OPENING of BEEPLE STUDIOS on March 11th in Charleston!! I am so pumped for the entire community to use this space and for the opening event we've got works from:
@XCOPYART@refikanadol @deekaymotion @blakekathryn
@muratpak @smeccea @ashthorp1 @Coldie @gmunk @chelseaevenstar
Cryptoeconomic research by Consensys: The State of NFT Markets | December 2022
Read the latest report from one of the most accredited companies in the blockchain ecosystem.
The NFT project Doodles acquired the award-winning studio, Golden Wolf.
Golden Wolf, an Emmy-nominated animation company, has been bought by the playful non-fungible token (NFT) collection Doodles. The two businesses previously collaborated on the Doodles2 announcement at NFT NY in 2022. The agreement's terms weren't made public.
Decentralized Autonomous Organization Toolkit
The "Decentralized Autonomous Organization Toolkit" from the World Economic Forum is the result of an extensive debate with over 100 experts.
Enjoy reading!
🆙Ins
Greenifying Web3
Decentralized social networks
Decentralized Metaverse
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QOD
“The greatest glory in living lies not in never falling, but in rising every time we fall.— Nelson Mandela”
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