Welcome to the latest edition of our weekly newsletter designed to keep you in the loop on recent developments in Web3 : collectibles, fashion, gaming, finance and more !
Renowned digital artist Beeple, known for orchestrating the sale of the highest-priced NFT to date, has taken a significant step in his NFT journey. He recently acquired his inaugural PFP NFT, CryptoPunk #4593. This acquisition, accomplished last Tuesday, came at the cost of 113.7 ETH, equivalent to approximately $208,000.
The popular NFT collection, Doodles, has announced a partnership with the well-known shoe brand Crocs to launch a range of physical products. Doodles recently hinted at this collaboration with Crocs, a publicly traded company famous for its plastic shoes, aiming to offer various physical products, including clothing.
In a groundbreaking collaboration, game publisher nWay, under Animoca Brands, has partnered with Yuga Labs to introduce the innovative web3 game, Wreck League. This game integrates Yuga Labs' web3 intellectual property with nWay's multiplayer gaming expertise, aiming to reshape esports. Wreck League, bridging blockchain-based and traditional gaming communities, offers players true ownership of in-game digital assets. Designed for both Web2 and Web3 versions, the game encourages customization and player engagement, with an inaugural season launching in September.
In an exciting announcement, PayPal has revealed the launch of its latest innovation, the PayPal USD (PYUSD) stablecoin. Tailored specifically for facilitating payments, PYUSD is supported by a portfolio of robust and liquid assets, ensuring its stability and security. The rollout of this novel stablecoin will commence immediately, with availability for purchasing, selling, holding, and transferring PYUSD being progressively rolled out over the coming weeks. This move represents PayPal's continued commitment to enhancing digital transactions and offering users a convenient and reliable financial tool.
Stay tuned for our next issue, where we'll continue to bring you the latest updates from the world of Web3.
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