NFT and Metaverse Weekly Report

We’re excited to present our updated weekly report that gathers the most pertinent Metaverse news from the last week all in one easy-to-access location!

• BLVCK Paris , a prominent lifestyle fashion label, has announced its upcoming Genesis NFT Collection, which will feature an impressive 9,999 digital avatars with designs crafted by Julian O’hayon. The official minting date remains under wraps.
  
  
• BAYC and SUPERPLASTIC released The release of vinyl collectibles commenced on April 14th and has already sold out on the primary market.
  
  
• The Council of Fashion Designers of America announced is collaborating with The Sandbox and Polygon Studios to create a new educational program tailored for the Metaverse. Their goal is to construct a framework for the American fashion industry within this digital realm.
• Japanese social media Line launched LINE NFT , an emerging NFT marketplace, is teaming up with Yoshimoto Kogyo, a major entertainment company, and LVC Corporation, which is Line’s division focused on crypto and blockchain, to expand their marketplace.
  
  
• Punk6529 holder launched an Open Metaverse Museum District is now in place, showcasing NFTs like CryptoPunks, Bored Apes, and ArtBlocks. This initiative aims to build a virtual city named 'OM', designed to accommodate an astonishing 100 million users.
  
  
• Logan Paul, the well-known YouTuber and entertainer, has launched 99 originals , an NFT-DAO venture. Despite the effective marketing strategies, Twitter users have been cautioning their followers that Logan’s projects often come with high risks of being scams.
  
  
• Sony and Kirkbi, the LEGO owner, invested $2 billion has been invested into Epic Games, bringing together three key players to develop a ‘family-friendly’ Metaverse geared towards younger audiences.
  
  
• Meta is now allowing users to sell virtual goods in Horizon Worlds . Horizon will take a cut of 25% from each transaction after deducting the App Store fee of 30%. Consequently, creators will retain only 45% of the proceeds, which falls short of half the total. However, Meta's management believes this approach will still be attractive and competitive for creators.
  
  
• Fidelity Investments is planning is set to roll out two exchange-traded funds to give investors a stake in both blockchain and digital payment innovations.
  
  
• Mastercard filed recently filed for 15 trademarks related to NFTs and the Metaverse, including the prominent ‘MASTERCARD’ brand, its logo, and the phrase ‘PRICELESS’. These trademarks will be instrumental for operations involving virtual cards, payments, transactions, as well as immersive experiences like concerts and sporting events in the Metaverse and beyond.
  
  
• Bored Ape Yacht Club and Coinbase are working together to create an Interactive Movie Trilogy, offering BAYC NFT holders a chance to literally cast their apes as characters in the film. Selected ape owners will receive indefinite IP rights for their projects. compensated  by $10,000 worth of ApeCoin or Bitcoin.
  
  
• NBA filed 4 trademarks for NFTs have been filed, including the phrase “THE ASSOCIATION” designated for non-fungible tokens.
   
• Animoca Brands acquired Eden Games, the innovative minds behind Need for Speed and various high-octane racing games, find themselves in partnership with Animoca Brands. They will introduce NFT Race Passes along with other unique digital assets in their gaming universe. REVV Motorsport Samsung has launched a ‘Galaxy S22 Treasure Hunt’ event in the Metaverse
  
  
• that offers players the chance to win a Galaxy S22 smartphone. This interactive experience is hosted on the My House platform and is available for participants until April 24th. game is collaborating with the iconic French department store Printemps to unveil a groundbreaking promotion for digital-only items within a real-world retail space. This pop-up shop will be accessible until May 18th, situated on Printemps' ground floor.
  
  
• DressX partnered Introducing the First Edition of Our Metaverse Fundraising Weekly Report

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