Apple vs. Coinbase NFTs

Just another centralized corp trying to take a chunk of change from Web3. Nothing to see here...

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In today's edition:

  • πŸ’‘Game7 to help boost Web3 gaming with $100 million grant program

  • 🏎️ BMW explores a potential journey with NFTs and the metaverse

  • 🀷 Apple is pushing back on NFTs by disabling Coinbase from NFT transfers

  • ⌚Timex is launching a limited-edition range of BAYC watches

What's Happening Header
  • Animoca Brands is launching a new $2B metaverse fund (NFTcalendar.io)

  • Coinbase is pumping the brakes on their BAYC short film (Decrypt)

  • Opera Browser will enable NFT minting directly in-browser (CoinTelegraph)

  • A World Cup legend releases NFTs for Alzheimer's research (NFT Lately)

  • Vitalik Buterin discusses his 'excitement' for the future of Ethereum (Cointelegraph)

  • Stripe launches FIAT-to-crypto payment service for Web3 firms (NFT Lately)

  • Ape Coin, BAYC and MAYC Prices Soar Ahead Staking Launch (NFT Plazas)

  • Aave acquires social metaverse developer Sonar (Decrypt)

  • Telegram to launch DEX and wallet (NFT Lately)

  • What is Binemon and could it be the next success story? (NFT Evening)

  • Brazilian crypto industry gets regulatory clarity amid global uncertainty (Cointelegraph)

Some other stuff we are digging this week:

  • Everything you should know about the DeadFellaz hype (NFT Lately)

  • How can UK-based businesses accept Bitcoin? (Cointelegraph)

  • Did SBF doom NFTs? The FTX aftermath and what's next (NFT Lately)

  • What is USDTe? A full guide to Avalanche Tether (NFT Lately)

  • Top NFT podcasts for 2023 (NFT Lately)

Trending collections:

Game7 to Boost Web3 With $100M Grant Program

Web Gaming DAO, Game7, is launching a grant program of $100 million to assist Web3 developers with the necessary tools for making gaming on-chain more accessible.

Here's what we know:

  • Game7 will distribute its $100 million grant throughout the next five years.

  • All contributions will include Web3 initiatives, such as technology, events, diversity, research, and education.

  • BitDAO and Forte kindly invested half of the funds in Game7's treasury.

  • With that kind of money, the possibilities are endless. πŸ‘€

BMW Explores NFTs and the Metaverse

BMW is driving into the Web3 hype by applying to trademark its logo for NFTs and the metaverse.

Here's what we know:

  • The application covers downloadable multimedia files (artwork, text, audio and video) featuring the brand.

  • The trademark mentions "downloadable computer programs" that showcase the vehicles alongside its parts and accessories.

  • BMW hopes for the computer programs to eventually be buyable as NFTs and usable on the metaverse.

  • As big fans of BMW and all things Web3, we look forward to the day these sleek vehicles become playable digital assets on the metaverse.

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Coinbase Disables iOS NFT Transfers

Apple is continuing to cause issues in the NFT space. This time, forcing Coinbase to disable NFT transfers on its iOS wallet application. And for selfish reasons only.

  • Apple claims the gas fees necessary for sending NFTs must be paid through their In-App purchase system so that the tech powerhouse can collect 30% of the cost.

  • Nevertheless, Apple's In-App purchase is yet to support crypto. Thus, Coinbase can't comply even if they want to (which we don't blame them if they don't).

  • For more info about Apple's iOS NFT relationship, here's the good, the bad, and the ugly regarding Apple NFTs.

  • Basically, when it boils down to NFTs, Apple can get screwed.

  • Read the entire thread here! πŸ‘‡ It's pretty darn juicy.

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Timex Launches Flash New BAYC Watches

Apparently, holding a Bored Ape Yacht Club (BAYC) NFT isn't already enough of a status symbol. That's according to Timex, anyways. The famous watchmaker who's releasing a new line of limited-edition BAYC watches.

Here's what we know:

  • All holders of BAYC and MAYC are entitled to a Timex watch.

  • Only 500 of these watches - created by Timex, the BAYC community and Web3 firm Daz3d - are available.

  • If you are lucky enough to be a BAYC or MAYC holder, you must sign up for one FAST!

  • This marks a fantastic time for Timex to bridge the gap between physical and digital goods. But only time will tell. πŸ˜‰

  • We will surely be eyeing up the wrists of our crypto community.

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Today's edition was written by Leah Alger and Ty Smith.