27/09/2024 Puma partners with Web3 mobile game, Infinex NFTs top $40M sales: Nifty Newsletter

Footwear distributor Puma partnered with a Web3 game, integrating characters based on the brand into a sports mobile game.

Puma partners with Web3 mobile game, Infinex NFTs top $40M sales: Nifty Newsletter

COINTELEGRAPH IN YOUR SOCIAL FEED

In this week’s newsletter, read about users claiming thatnon-fungible tokens (NFTs)on OpenSea are securities in a proposed lawsuit, and find out how Infinex managed to get $40 million in sales for its NFT collection during the bear market. In other news, check out how global footwear distributor Puma partnered with a Web3 game and how the Filipino government educates its youth on blockchain and NFTs.

Indonesian postal service launches NFT stamps
NodeMonkes, Bitcoin Puppets lead as NFT sales rebound
Burble Announces New NFT Platform

OpenSea users claim NFTs are securities in proposed class suit

Two OpenSea users have filed a class-action lawsuit against the NFT marketplace. In the lawsuit, submitted on Sept. 19, Anthony Shnayderman and Itai Bronshtein allege that the NFTs they purchased on OpenSea are now worthless because they are illegal.

Highlighted excerpt of the lawsuit’s arguments. Source: Pacer

In response, OpenSea refuted the allegations and described the lawsuit as “baseless.” An OpenSea spokesperson told Cointelegraph that coming up with a lawsuit based on their disclosure of a Wells notice “won’t make the allegations in the complaint true.”

A Wells notice from the SEC serves as a warning, outlining the regulator’s concerns and giving the potentially accused company an opportunity to respond. It signals that the agency may pursue enforcement action in the future.

Continue reading

Infinex NFTs top $40 million sales in first four days, despite NFT bear market

Decentralized applications platform Infinex’s latest NFT collection reached $40 million in sales in its first four days. Infinex Core working group lead Kain Warwick said the collection is expected to attract more interest as it expands to the wider community.

Infinex total value locked. Source: Infinex

Due to its ongoing launch season, Infinex reached a total value locked (TVL) of over $150 million on July 25. In just the first 10 days of the campaign, the platform’s TVL grew by $100 million.

Continue reading

Puma partners with Web3 mobile game

Footwear company Puma partnered with the Web3 mobile game UNKJD Soccer. UNKJD CEO Tal Friedman said the partnership aims to unlock more player experiences. Friedman told Cointelegraph:

“When established brands like Puma embrace Web3, it signals a shift in the perception of blockchain technology — from niche to mainstream.”

With the partnerships, Puma-based characters and branded skins will be introduced in the game.

Continue reading

Philippines agency empowers youth with blockchain and NFT education

The Philippines’ Advanced Science and Technology Institute, an agency working under the nation’s Department of Science and Technology, conducted a tech forum on Sept. 20, educating the youth on blockchain technology’s potential.

Blockchain for Youth Innovators event in the Philippines. Source: Archers Network

The agency explained that technologies like artificial intelligence, cybersecurity and blockchain are reshaping the public and private sectors.

Continue reading

Arts

https://cointelegraph.com/news/puma-game-partnership-infinex-40m-sales-nft-newsletter

Interesting NFTs
#9055
#9055
Traffic
Traffic explores a crossroads between the metaverse & reality through organized chaos. The complexity of this aural / visual landscape demanded over 200 hours of design time between Slimesunday & 3LAU. Every detail of this piece was built from scratch, from the reflective puddled pavement to the stabbing synthesis of the song. We think we'll be spending a lot more time in the metaverse in the future, don't you?
#92257
By OthersideDeployer
David vs the Virus
"An ode to the year everything changed" - Frank Wilder The story of the underdog is a reoccurring theme throughout history, and perhaps the most famous example is that of David vs Goliath. A tale about perseverance, in which David takes on and defeats the giant warrior using only his smarts and a stone. Famously depicted by Michelangelo's David statue. Fast forward to the present day in 2020 and we as humanity are faced with our own Goliath. An uncontrollable pandemic spread around the globe. Now with the entire planet being affected by this we understand the gravity of the situation at hand, whether it be a virus we’re fighting or other forces at play, there is indeed an energy out to shift the balance of the Universe… Regardless of our differences, in this moment must unite as one. With diligence, trust and belief we as a whole can come together to triumph against "the enemy". Stay vigilant my friends. Original score created by the one and only Phoenix Wilder.
Block Chain Dungeon
Once upon a time... a little boy named Leo loved to paint, draw and experiment. He also loved to play with blocks and chains, which drew him again and again into the rooms of his friends Michel and Angelo. Often they also met in virtual rooms of Cryptovoxels, Decentraland, Somnium Space or Sandbox to create new inventions, read books about new technologies, or just swing the brushes. But on this day something gigantic happened. A good friend of Leo came to visit and brought his girlfriend Mona, who wanted a piece of Leo's art on her skin. This was the birth of the NFT's, as Leo developed Non Fungible Tattoos in the Block Chain Dungeon of Michel and Angelo. From that day on people from all over the world came to get NFT's from Leo or one of his students, like "Skeenee the rat", who controls the NFT machine with his laptop. A new age began.