Cristiano Ronaldo's NFT Venture, StepN Go App Launch, and Other Noteworthy Blockchain Developments
Summary:
This weekly digest covers Cristiano Ronaldo's new NFT collection with Binance, the launch of a token-earning StepN Go app, Metaverse gaming platform The Sandbox's move towards decentralized governance, and AI company Rabbit's denial of an NFT scam allegation by YouTuber Coffeezilla.
This week's digest features Cristiano Ronaldo's latest NFT collection in association with crypto marketplace Binance, an unveiling of the StepN Go app that enables earning tokens through movement, the decentralization of governance by The Sandbox, and Rabit's denial of NFT scam allegations by Coffeezilla.
Football icon Cristiano Ronaldo has now released his fourth NFT collection in collaboration with Binance, despite facing a lawsuit worth $1 billion. This collection, highlighting achievements in Ronaldo's illustrious career, is listed on Binance's NFT marketplace. The player, who has had the opportunity to play for several top-tier clubs globally, invites his fans to journey with him via these NFTs.
StepN, a Solana-based blockchain game, introduced a new addition to its projects - a social lifestyle app called StepN Go. This app encourages social interaction and rewards daily physical activities. Users can earn a new token – the Go Game Token – by wearing digital sneakers for walking, jogging, or running. Yawn Rong, co-founder of Find Satoshi Lab, the company behind this innovative app, hinted at the potential inclusion of player-versus-player features.
Next, we learn about The Sandbox's transition towards a decentralized governance system. The popular metaverse gaming platform launched a decentralized autonomous organization (DAO), named The Sandbox DAO. Token holders for The Sandbox (SAND) and LAND NFT can now vote on the platform's governance. The DAO initiative will proceed in three steps: first, voting rights will be provided for holders; second, the DAO will gauge its capacity to stand independently; and third, the DAO will transition into a completely community-driven organization.
Lastly, the AI company Rabbit refutes allegations from YouTuber Coffeezilla (a.k.a. Stephen Findeisen) regarding an NFT scam. A spokesperson claimed that Rabbit has always maintained transparency, including during its transition from Cyber Manufacturing Co. They added that the majority of current staff joined post this rebranding. They further clarified that the alleged NFT scam, Gama NFT, was merely one of the several projects led by Rabbit founder Jesse Lyu and the project had already ended before it was open-sourced.
Keep up-to-date with the dynamic field of NFTs by revisiting our weekly digest next Wednesday.
Published At
5/29/2024 10:02:00 PM
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