This week, a prominent NFT marketplace, OpenSea Introduces a new feature called “Deals” that allows NFT collectors to trade directly with each other. In another development, McDonald’s has launched McNuggets Land in The Sandbox, a virtual world where users can interact with pixelated nuggets and play mini-games.
OpenSea Introduces “Deals” Feature and McDonald’s Launches McNuggets Land in The Sandbox
OpenSea announced a feature called “Deals” that enables collectors to trade NFTs directly with each other. The feature also allows users to add WETH to “sweeten the deal.” OpenSea hopes that this feature will make the NFT swapping process more trustworthy and prevent scammers from tricking collectors out of their NFTs through direct messages. The peer-to-peer swaps are launching with no OpenSea fees or creator payments, with only gas fees required if a user accepts an offer.
McDonald’s has introduced “McNugget Land” in the metaverse platform The Sandbox. Users can interact with blocky anthropomorphized nuggets and play mini-games in this virtual world. However, the experience has raised questions among some users about its purpose and value.
Web3 Funding Plummets but Futureverse Secures $54 Million Seed Round
A recent report from Crunchbase revealed a dramatic drop in funding from VC funds in the first half of 2023, with only $3.6 billion raised overall compared with $16 billion in 2022 — a 78% drop. Despite this trend, Futureverse, a startup formed out of 11 different firms, announced a $54 million Series A round led by 10T Holdings.
This week, Crypto Twitter and especially NFT Twitter were flooded with versions of the Opepen Threadition NFT. The backstory involves Web3 influencer Thread Guy, who lost an election for a spot on the Ape Council. In response, Twitter user @BoredOpepen offered to trade one of his rare Opepen NFTs for Thread Guy’s iconic Mutant Ape. This led to a flurry of other trade offers, including one from Pudgy Penguin CEO Luca Netz with a $1 million guarantee.
About sandbox
The Sandbox is a unique and immersive online gaming platform within the metaverse, where players can build, own, and monetize their gaming experiences using non-fungible tokens (NFTs). It allows users to create digital assets in the form of voxel objects, animate them, and program their behaviors. These assets can then be sold on the platform’s marketplace, providing a new stream of income for creators.
The Sandbox also features a land system where players can buy, sell, and trade virtual real estate, which are also tokenized on the blockchain. This virtual world is powered by the SAND token, which is used for transactions within the ecosystem.
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