NFTs Around the World 🌎

The possibilities of NFTs around the globe: China, Taiwan, Dubai and Italy.

Power by Xtraverse

Happy New Year! Here’s to a solid 2023. 

In today's edition: 

  • 🧧 China is launching a government-run NFT marketplace

  • 🛕 Taiwanese temple leverages NFTs to boost tourism

  • 🏬 Dubai shopping mall opens IRL NFT store, ftNFT

  • 🖼️ Italy will lead the way in the CryptoArt Renaissance this year, says report

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  • BMW to Launch a Loyalty Program Integrating BNB Chain (NFT Lately)

  • Bitcoin and Ethereum Start 2023 in the Green—But Only Slightly (Decrypt)

  • NFTs Volume On VeChain’s VeSea Surpasses 100M: 2023 To Be A ‘Banger’? (Watcher.Guru)

  • Mythical Games Sues Former Employees (NFT Evening)

  • Binance Launches Integration With Google and Apple Pay (NFT Lately)

  • Seth Green’s Nouns Ethereum NFTs Run the 2023 Rose Parade (NFT Lately)

  • Metaverse Tokens ApeCoin, Axie Infinity Ring in New Year With 6% Surge (Decrypt)

  • Kia’s NFT Sale Helps 22,000 Shelter Animals (NFT Lately)

  • Crypto Exchange Adoption Boosts ENS Registrations to Over 2.2M (Cointelegraph)

  • Trump NFTs Crater With Daily Sales Down 98% From Peak (Decrypt)

  • Steve Aoki Is Selling All Of His NFTs (NFT Evening)

  • Mutant Hounds Twitter Account Has Been Hacked (NFT Evening)

Some other stuff we are digging this week: 

  • Top NFT Events in 2023 (NFT Lately)

  • Artist Royalties Are Among ‘Most Compelling Features of Crypto’ (Decrypt)

  • The Most Memorable NFT Moments of 2022 (NFT Lately)

  • Here’s How Football Legend Pelé Was Involved in Crypto and NFTs (Watcher.Guru)

  • An Overview of the Metaverse in 2022 (Cointelegraph)

  • X2Y2 NFT Marketplace: What It Is And How To Use It (NFT Evening)

  • Inside Logan Paul’s Alleged Scam Project: CryptoZoo (NFT Lately)

  • ‘Who is Wagmi-San?’ Everything You Need To Know About 10KTF NFTs (NFT Evening)

  • CryptoArt Sundays: Interview with Zahra Parkah (NFT Plazas)

Trending collections:

China to Launch National NFT Marketplace 

The Chinese government is starting the new year like never before — launching a marketplace for trading digital collectibles. 

Here's what we know: 

  • China's government-run digital asset marketplace dubbed "China Digital Asset Trading Platform" launched just yesterday.

  • The China Technology Exchange, Art Exhibitions China, and Huban Digital Copyrights Ltd are developing this platform on the China Cultural Security Chain network.

  • This marketplace will facilitate trading digital collectibles, copyrights, and intellectual property rights.

  • However, users must buy digital goods with the country's local fiat RMB following extreme crypto restrictions.

  • Having a crypto ban being firmly in place since 2021, how long will it last...

Taiwanese Temple Uses NFTs to Increase Tourism

Did you know that there is The Temple Dajia Jenn Lann in Taiwan sells digital tokens to attract tourism?

This gorgeous temple has sold thousands of NFTs. 👇

Here's what we know: 

  • Temple Dajia Jenn Lann is located in Taichung, Taiwan. 

  • The temple organizes a nine-day, 100-mile journey featuring a statue of the sea goddess Mazu. 

  • Thousands of enthusiastic followers participate in the journey. 

  • Participants can purchase MazuDAO NFTs while on their adventure. 

  • Already, the temple has sold over 2,800 NFTs through its e-commerce platform, MazuBuyBuy, since NFTs went on sale in August.

  • In total, the digital assets have generated more than 5 billion Taiwan dollars ($163m).

  • This initiative is an excellent reminder that the NFT space is ripe for new ideas and innovative projects with cross-cultural and generational boundaries.

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Dubai Welcomes ftNFT's Real-World NFT Store

NFT enthusiasts can now visit the Mall of Emirates in Dubai to shop for their favorite non-fungible tokens in person at the city's new real-world digital asset store.

Here's what we know: 

  • The store is a part of ftNFT's suite of Web3 offerings to create a community-centric NFT marketplace. 

  • Artists, public figures, and influencers attended the store's opening ceremony.

  • The ftNFT shop offers unique services, including buying and selling NFTs in person.

  • Visitors can also browse physical art and create 3D avatars using an enjoyable, professional 3D scanner.

  • The store's uniqueness is already encouraging new digital wallet usage.

Who wants to go to ftNFT to shop for NFTs?

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Today's Edition is Powered By: Xtraverse

Xtraverse is the new platform on the block, making it easy for users to launch and manage NFT projects with a click of their fingers.

The platform offers a one-stop drop and in-house development, ensuring a quick and efficient launch like never before.

Dedicated to delivering the best launch application for agencies, Xtraverse enables mass NFT adoption by providing agencies with the necessary tools and resources.

Users can create offers using ERC-1155 and ERC-721 tokens on the Polygon and Ethereum networks. The platform will also enable more tokens and blockchain networks in the new year - so keep your eyes pealed. 

What are you waiting for? Start 2023 right and join the Xtraverse waitlist!

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Italy Emerges as Leading Force in NFT Market, Report Shows

Italy, known for its rich artistic history and cultural significance, is expected to lead the way in the CryptoArt Renaissance within the booming NFT market.

As the growth of NFTs in Italy continues, the country is positioning itself at the forefront of this digital art explosion.

Here's what we know: 

  • According to recent data, the NFT industry in Italy will increase by 47.6% annually.

  • This growth expects to bring the industry to a value of $671.4 million in 2023.

  • The report also estimates Italy's NFT industry will see steady growth over the next five years.

  • Mega luxury Italian fashion brands, like Prada, Gucci, and Dolce & Gabbana are vital to the industry's growth following their recent NFT collections.

  • In addition to releasing NFT drops, these brands also organize digital events and establish communities within the metaverse, boosting Italy's place in the NFT market even more.

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What did you think of today's edition?

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