Trump Metaverse & Marketplace?

+ Pudgy Penguins' L2 network hits 6K streams & another NFT x unregistered securities resolution.

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  • 👀 Trump Firm Files Trademarks for Metaverse & NFT Marketplace

  • 🚀 Pudgy Penguins' Abstract L2 Blockchain Rapidly Hits 6K Streams

  • ⚖️ DraftKings Settles $10M Lawsuit Over Unregistered NFTs

  • Japanese Mobile Game Developer to Launch Tokyo Beast on Immutable (NFT Plazas)

  • Ethereum NFT Collections Pudgy Penguins, CryptoPunks Jump Amid ETH, Bitcoin Surge (Decrypt)

  • DeFi Kingdoms Launch $75,000 PvP Tournament Series (NFT Insider)

  • WARP Chain Now Live on Avalanche, A New L1 for Web3 Studios (NFT Plazas)

  • Original Pudgy Penguins Artist Finds 'Freedom' With New Berachain NFT Collection (Decrypt)

  • MetaMask Announces Overhaul, New Features and More (NFT Plazas)

  • CryptoRastas NFT launches music created with generative AI that generates yields for holders (Cointelegraph)

  • Nyan Heroes Returns to Epic Games Store with Playtest 4 (NFT Insider)

  • 8 Tips to Earn SEA Tokens and Profit from OpenSea's Mega Airdrop (Cointelegraph)

Trending Collections on OpenSea:

Trump Firm Files Trademarks for Metaverse & NFT Marketplace

The Trump organization DTTM Operations recently filed for trademarks related to a metaverse and NFT marketplace under the ‘TRUMP’ umbrella.

  • The metaverse aims to include virtual goods, Trump-branded dining, and transportation alongside public service programs.

  • Meanwhile, the marketplace would consist of authorized content that is validated by NFTs and linked to Trump’s brand.

  • Such a trademark submission signals future commercial activity under the Trump brand for digital platforms.

  • Trump has already made notable moves into crypto, launching NFTs, a meme coin, and advocating for a US Bitcoin strategic reserve.

Pudgy Penguins' Abstract L2 Blockchain Rapidly Hits 6K Streams

Abstract (a consumer-focused Ethereum Layer-2 blockchain designed by Pudgy Penguins’ Igloo Inc) has surpassed 6K streams launched through its Portal, showcasing rapid adoption since going live in January 2025.

  • Abstract is the home for future Pudgy Penguins experiences in the expanding NFT and Web3 ecosystem.

  • Ultimately, it’s designed to simplify blockchain interactions and prioritize user experience.

  • Built with community and culture at its core, Abstract aims to empower creators with tailored tools and services.

  • Users earn XP points for engaging with the platform, which could translate into a share of Abstract’s future native token.

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DraftKings Settles $10M Lawsuit Over Unregistered NFTs

DraftKings has agreed to settle a class-action lawsuit for $10M over the sale of unregistered securities through its NFT marketplace.

  • The lawsuit, filed in March 2023, claimed that DraftKings' NFTs were investment contracts and should have been registered under US securities laws.

  • Lead plaintiff Justin Dufoe, who lost $14K in the NFT marketplace, is expected to receive a $50K award for his efforts in the case.

  • Such a settlement was reached after extensive mediation and discussions following DraftKings' NFT marketplace's closure, which rendered the digital assets worthless.

  • Also, regarding unregistered securities, the SEC recently dropped lawsuits against Kraken and Yuga Labs' BAYC, which dates back to before the Trump administration.

Today's edition was written by Leah Waters