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.

Mint Blockchain secures $1.35m grant from Optimism to boost NFT innovations
Ubisoft Reveals Release Date for ‘Champions Tactics’ NFT Game
Crypto Unicorn Raises Funds to Create NFTs for Gamers

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
Genesis
JosĂ© Delbo sent me his striking pencil sketch and powerful inked work, which I then interpreted in oil on canvas. I wanted to create a very painterly piece with obvious brush marks etc, but I was also aiming for a nostalgic feel, a kind of 1980’s superhero comic book look, the kind I grew up with. My goal with this animation was to try to recreate, in part, the creative process that both artists went through with the visual information I had. I was able to showcase my painting process more accurately as I could take photographs of my progress throughout. Consecutive images could then be layered like brush strokes over José’s drawing to create the impression that this was one continuous artwork from pencil, to ink, to completed painting. The representation of the line sketch at the beginning, then pencil/ink and lastly the paint layers being applied demonstrate both artists’ struggle for the right lines, tone, form, and colour until the work is finally completed. As the oil was still wet with each photograph the glare of my studio lights can be seen in the brush strokes. Eventually, the figure emerges and as it does, our hero comes to life, looking directly at the viewer -- but is he grimacing in approval or disgust? We will never know for sure as just before he can say anything, white paint is brushed across the canvas entirely and the process begins again. Only the bat is quick enough to escape.
The Investor's Dream
The second "Visual Toy" about cryptocurrency and its universe that continues the exclusive collection on this theme. After the first Visual Toy, dedicated to the cryptocurrency itself, this visual toy is the other side of the coin. It represents, as its title tells us, the investor's dream, the current person and his financial hopes. A surreal fantasy of the dreams and longings of every investor, in this case the crypto investor. In this magical, happy and colorful dream, aspirations of all kinds intermingle, both the desire for great benefits, represented in a long animation that shows us a production cycle or series production that ranges from the gastronomic recipe of a two-ingredient cake. Bitcoin slice and Ethereum smoothie, passing through magic, represented in a fairy that transforms the cake into real money, which is sucked into a giant capsule to accumulate it and multiply it. The rest is full of investor aspirations, which appear in their dreams in the form of profits or screens that announce that values are rising steadily, as well as physical possessions, such as the sailboat, the helicopter, homes and other objects or possibilities. A dream full of happiness, fun and hope.
taro
conceptual art. drawing and digitally processed
Various people climbing the mountain, from the series Thirty-six Views of Mt. Fuji
Katsushika Hokusai (1760-1849) Various people climbing the mountain, from the series Thirty-six Views of Mt. Fuji 1833 - Japan
Horny St. Catrick
Hi-ya! I'm Horny St. Catrick. I want to live in a world where people believe the world is flat. My great-great-great-great-great-great grandkitty lived with Mother Theresa. Purrhaps this is the beginning of a beautiful relationship.