Puma launches metaverse experience: Nifty Newsletter, 7-13 June
In this week’s newsletter, you can read about footwear giant Puma’s new metaverse experience for Puma Pass nonfungible token (NFT) holders. Check out Meta CEO Mark Zuckerberg’s comments about the new Apple Vision Pro headset, and how NFT platform Enjin has launched a new blockchain. In other news, GameStop has fired the manager responsible for the NFT push, and don’t forget this week’s Nifty News, featuring Kraken’s NFT marketplace and Coinbase’s Stand With Crypto NFTs.
Footwear conglomerate Puma launches 3D Web3 experience
Footwear company Puma has launched a 3D metaverse experience called Black Station. According to the creators, giving Puma Pass NFT holders access to different product drops is an experiment.
Despite this, the company highlighted that the experience is open to everyone, but those with special tokens sent to Puma Pass holders will have benefits such as the ability to purchase digital wearables and a “Rulebreaker” sneaker.
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‘Already explored’ — Apple Vision Pro fails to impress Mark Zuckerberg
Meta CEO Mark Zuckerberg recently shared his thoughts on Apple’s latest product, the Vision Pro headset. According to the executive, although he had yet to experience the product firsthand, he believes that the Meta team “had already explored” and thought about the limitations of laws and physics, indirectly suggesting that the new product may not be groundbreaking.
The Meta boss also highlighted that Apple added increased capabilities, leading to a sevenfold increase in costs.
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NFT platform Enjin forks Polkadot parachain Efinity to new mainnet
NFT platform Enjin has launched a new mainnet called Enjin Blockchain. To further develop Web3, the team said the blockchain would offer solutions that do not rely on smart contracts, but rather have functions integrated directly into the blockchain’s code.
The new chain enables various features such as allowing developers to subsidize user transaction fees and allowing users to directly interact with projects on the blockchain without downloading specific wallet software.
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GameStop fires CEO Matt Furlong months after canceling crypto push
GameStop recently fired its CEO Matt Furlong, the executive who led the company’s push into the NFT space. In a statement published by the company, Furlong was fired while Ryan Cohen was promoted to executive chairman.
The development follows GameStop’s announcement in 2022 that the company would no longer focus major efforts on NFTs or crypto after an earnings call that showed nearly $95 million in losses.
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Nifty News: Kraken NFT ends beta, Coinbase’s ‘Stand with Crypto’ gets support and more
Crypto exchange Kraken has recently announced that the NFT platform has launched out of the beta phase. With the launch, the marketplace noted that it expanded the number of collections supported and integrated the Polygon blockchain. Meanwhile, Coinbase’s Stand With Crypto NFTs is strengthening as the community supports the campaign’s push for proper regulation.
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Thank you for reading this summary of the week’s most notable developments in the NFT space. Check back next Wednesday for more reports and insights into this area of active development.
