Check out the latest news in the world of nonfungible tokens (NFTs) in this week’s newsletter. Get the scoop on Cristiano Ronaldo’s fourth NFT collection and the new StepN Go app that allows users to earn tokens while staying active. Discover how The Sandbox is decentralizing its governance and learn about Rabbit’s response to the allegations made by Coffeezilla.
Cristiano Ronaldo has partnered with crypto exchange Binance to release his fourth NFT collection. The collection, available on Binance’s NFT marketplace, showcases highlights from Ronaldo’s successful football career. The sports star invites his audience to join him on his journey through the NFTs, as he reflects on his travels and playing for prestigious clubs. This exciting release comes despite Ronaldo facing a $1 billion lawsuit.
In the world of blockchain gaming, the creators of StepN have launched a new app called StepN Go. This app, built on the Solana blockchain, is a social lifestyle application that rewards users for their daily movements and social interactions. Users can earn the newly launched Go Game Token by walking, jogging, and running while wearing digital sneakers. The team behind StepN plans to introduce player-versus-player elements in the future, adding even more excitement to the app.
The Sandbox, a popular metaverse gaming platform, has introduced its decentralized autonomous organization (DAO) called The Sandbox DAO. This initiative allows holders of the SAND token and virtual LAND NFTs to participate in the platform’s governance through voting. The DAO will go through three phases, with the ultimate goal of becoming a fully community-driven organization. The launch of The Sandbox DAO marks an important step towards decentralization in the gaming industry.
Rabbit, an artificial intelligence (AI) company, has responded to accusations of NFT scams made by Coffeezilla. In a statement, Rabbit clarified that they have been transparent about their rebranding process and that most of their employees joined the company after the rebrand. They also emphasized that the alleged NFT scam, Gama NFT, was a project by Rabbit founder Jesse Lyu that had already concluded when it was open-sourced. Rabbit stands firm in their commitment to honesty and integrity in the NFT space.
That concludes this week’s digest of the latest happenings in the NFT world. Stay tuned for more updates and insights into this rapidly evolving space.