Discover how UNICEF is leveraging nonfungible tokens (NFTs) to connect schools in developing countries to the internet, and how post offices are reviving the philately sector through NFTs. Explore an NFT gaming project that allows for customizable in-game assets, and learn about Animoca Brands co-founder Yat Siu’s views on Asia’s perception of NFTs. Plus, don’t miss out on Walmart’s entry into the Metaverse in this week’s Nifty News.
UNICEF’s Giga initiative is using NFTs to raise funds for providing internet access to schools in developing regions worldwide. At the Blockchain Expo in Amsterdam, Giga blockchain product manager Gerben Kijne shared that their NFT fundraising campaign attracted both UNICEF supporters and NFT collectors due to its association with UNICEF.
European post offices are embracing NFTs to breathe new life into the philately sector, which focuses on the study of postage stamps. PostAG philately head Patricia Liebermann and PostNL product manager Sacha Van Hoorn are leading this effort. Combining NFTs with physical stamps has garnered positive feedback, with interest in this innovative way of collecting stamps growing since 2019.
Blokhaus Inc., a gaming project, is taking NFTs in gaming to the next level by allowing players to customize every aspect of their in-game assets. In an interview with Cointelegraph, Blokhaus Inc. founder Mark Soares explained that players can create their own characters and scenes, which can then be sold as NFT packs to other gamers.
Yat Siu, co-founder of Animoca Brands, believes that the Asian region holds significant opportunities for GameFi projects. Speaking at the Asia Crypto Week, Siu noted that Asia has embraced NFTs more readily compared to other regions and has the potential to lead the blockchain gaming space due to differences in perception of capitalism.
Walmart has entered the Metaverse by launching its Walmart Land and Walmart’s Universe of Play on the popular online game Roblox. Additionally, the owner of the banned @NFT handle has reported losing $1 million in Ether (ETH) and NFTs following an exploit.
Stay tuned for more updates and insights into the ever-evolving world of NFTs.