NASA's VR Training, BAYC NFT Price Drop, Ubisoft's Blockchain Game, and VeChain's UFC Partnership Highlighted in Nifty Newsletter
Summary:
This edition of Cointelegraph’s Nifty Newsletter covers NASA's training of astronauts via a VR metaverse and the declining floor price of Bored Ape Yacht Club NFTs. It also shares highlights from Paris Blockchain Week, including Ubisoft’s unveiling of a blockchain game called Champions Tactics Grimoria. In partnership with the UFC, VeChain plans to tokenize fighter gloves tracked on the VeChainThor network.
Dive into the newest installment of Cointelegraph’s Nifty Newsletter, your guide to the ever-evolving narrative of nonfungible tokens. As a weekly resource, the Nifty Newsletter invites you to dig deep into the latest NFT movements and phenomena. This week's issue touches on how NASA trains astronauts using virtual reality (VR) technology and the metaverse, the reasons behind a drop in Bored Ape Yacht Club (BAYC) NFT floor prices, and an exclusive look at Paris Blockchain Week, including news of Ubisoft’s blockchain gaming strategies.
NASA has ventured into the virtual realm, utilizing a VR metaverse to coach astronauts for lunar life. Ordinary folks may engage in asset trading or exist as legless avatars in the metaverse, but astronauts attached to NASA and SpaceX leverage it as a training ground for life on a yet-to-be-constructed lunar space station, named 'Gateway'.
At Paris Blockchain Week, renowned gaming firm Ubisoft gave a sneak peek of its first ever blockchain-anchored game, following the release of the gameplay trailer of Champions Tactics Grimoria. Developer insiders at Ubisoft offered Cointelegraph an exclusive demonstration of this tactical PvP RPG, which lets players creatively assemble blockchain-based figurines to form a three-member squad for the turn-based game.
BAYC NFTs saw their floor price plunge to the lowest level since August 2021, registering a more than 90% fall from its peak to 11.1 Ether (ETH). As per the data of NFT Price Floor, BAYC is skirting a sub-10 ETH floor price following a 50% tumble since March 1. Despite the precipitous drop from a high of 128 ETH set on May 1, 2022, mirroring the industry-wide downturn of digital art NFTs, select BAYC NFTs have sustained sales far above their floor price, which is determined by the lowest priced NFT in a collection.
In partnership with UFC, VeChain declared its plan to tokenize fighter gloves on April 12. A post from VeChain indicated that UFC fighter gloves will be tokenized, with identities tracked via the VeChainThor network. Equipped with VeChain near-field communication chips that record fight data, these gloves not only offer proof of authenticity, but they also become collector’s items once fighters hand them over post-match. This authenticity can be verified through a VeChainThor network smart contract. Fighters have been donning these gloves since UFC 300, which took place on April 13.
Join us again next Wednesday for a fresh batch of NFT highlights from the week. Thank you for catching up on the most significant developments in the world of nonfungible tokens.
Published At
4/17/2024 10:00:00 PM
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