PGA Tour and DraftKings have shook hands on a deal that will see some of the world’s best golfers added as collectibles to the betting firm’s NFT fantasy game.
Each week, players can test out their digital collectibles minted on the Polygon blockchain in games based on their real-life counterpart’s current performance, with millions in cash waiting in prizes for the winners.
For every collected golfer there is a card that can be traded on the DraftKings marketplace for another one from any player’s deck. Cards also have a ranking system attached to them, affecting the value of each card depending on its rarity.
Coinbase Global Inc. is launching a blockchain, expanding the largest US cryptocurrency exchange’s reach deeper into the worlds of decentralized finance and nonfungible tokens.
Base, as the Ethereum-powered network will be known, is being promoted as a developer-friendly venue for building decentralized applications and is expected to serve as a home for Coinbase’s on-chain products. A testnet of the blockchain, where developers can check for software bugs before the formal launch.
OPI Launches into Web3 Space
Professional nail salon brand OPI and its parent company Wella Company made their debut into the Web3 space with the launch of their Me, Myself, and OPI NFT Collection.
"Wella Company's entry into Web3 marks a new chapter in our journey as a company and we are thrilled to embark on this exciting adventure with our OPI brand,” said Chris Chesebro, Wella Company’s global chief digital officer. “Our entry into the web3 space is a key component of a multifaceted 360-degree integrated marketing campaign. This first collection of NFTs will allow us to learn about the practical potential of web3, and we are happy to partner with these amazing artists, Culture Vault, and [Ledger] Market on this journey.”
Alchemy launches new tool
Alchemy, a web3 development platform, is releasing a new tool to help developers create web3 applications faster.
The tool, “create-web3-dapp,” will help builders start their application within four minutes, Elan Halpern and Vitto Rivabella, product leads at Alchemy, noted.
“Web3 is so new,” Rivabella said. “Everyone is experimenting and new protocols are coming out every day. We wanted to create a package infrastructure layer that’s flexible as possible to accommodate all the web3 needs developers have.”
Here Not There has raised $25 million in a Series A round led by Andreessen Horowitz (a16z) to build out Towns, a Web3 group chat protocol and app that lets online communities build blockchain-based gatherings in a fully decentralized way. The startup also received backing from Benchmark and Framework Ventures.
Robert Byron Hord is more of a lover than a fighter. But either way, he’s a storyteller. And it is in this capacity that he has founded and led Untitled Interactive, a Miami Beach and San Francisco-based game studio, that has developed games like Smack-A-Fool, which always have a cognitive element. (In the case of Smack-A-Fool, users are faced with trivia questions that separate the smart from the cocky – all with a comedic twist.)
Hord explained that the community-first ethos is critical. “It’s about not only building communities through social media, but actually within a gaming environment. It makes everything work a lot better, and it brings us together on a lot of different fronts.”
Maxar Technologies has unveiled the SYNTH3D. The 3D digital twin solution is developed in partnership with AI startup Blackshark.ai. Maxar’s latest product will help creators to simulate and bring real-world environments to the metaverse and virtual reality (VR) applications.
SYNTH3D simulates the entire planet in 3D enabling developers to build games and other experiences in digital twins based on real-world locations.
Styngr signs deal with ICE
Styngr popped onto our radar in March 2022 when it announced a licensing deal with Warner Music Group.
The startup bills itself as “the gaming arm of the recorded music industry”, helping games and virtual worlds developers integrate licensed music into their products. WMG is also one of the company’s investors.
Now Styngr has announced its latest music deal: with licensing hub ICE. It means that the more than 330,000 rightsholders who ICE represents will be able to receive publishing royalties for usage of their works by Styngr’s clients.
Worldwide Webb, creator of a pixel art-based metaverse game, has raised $10 million in a Series A funding round from crypto-focused investment firm Pantera Capital. The funding will go toward hiring, integrating more non-fungible token (NFT) collections into the game and forming partnerships with brands and intellectual-property holders.
“Worldwide Webb bridges the gap between traditional gaming and NFT communities via an ever-expanding catalog of browser-based mini-games, where every player can leverage a unique identity (in the form of an NFT,” Pantera investment associate Sehaj Singh said in a press release. “Not only has Webb’s rapid-iteration on game development led to fun and engaging mini-games, but the Worldwide Webb platform has provided yet another channel for NFT communities to enhance engagement and community building.”
Stelo Labs bags $6m
Stelo Labs, a startup seeking to protect wallets from scams and phishing and securely navigate Web3, has raised $6m.
The round was led by Andreessen Horowitz via a16z crypto. There was also participation from First Round Capital, Opensea Ventures, Chainforest, BoxGroup, Pear, Mischief, Homebrew, Louis Beryl, Sabrina Hahn, Dylan Field, Dan Romero, Gokul Rajaram, Lenny Rachitsky, and a range of other angels.
Stelo Labs’ mission is to make web3 more secure and usable. The firm claims its extension interprets and enriches transactions to keep users safe from crypto phishing, fraud and scams.
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