Ripple Flies Off To The Moon ๐๐
Hello Tigers ๐
Ripple managed to score an important win over the SEC. Meanwhile, Google Play has a change of heart regarding NFTs in games and apps. Finally, Ubisoft becomes the latest bigwig to go all-in on blockchain gaming.
All this, and much more, when you scroll below ๐
๐ Market Watch
7-day top collections sorted by trade volume. (Source: degenz.finance)
๐ผ NFTs
Google Play Store changes its policy on NFTs in apps and games. It will now allow and support developers โ to add tokenized, user-owned content to their applications.
Opepen Edition, a ๐ธ Pepe-inspired NFT collection by Jack Butcher, is on the uptick after it became the heart of a viral trend the past week.
Yuga Labs is flexing ๐ช its IP rights by forcing Ethscriptions Protocol to takedown the Ethereum Punk collection and website.
Get Protocol secures $4.5M funding to create an NFT ticketing ๐ alternative to Ticketmaster.
Sound raises $20M from a16z, Snoop Dogg, and others to develop its web3 music ๐ถ NFT platform.
๐ฎ Web3 Gaming
Futureverse raises $54M in a Series A funding round co-led by 10T Holdings and Ripple Labs. The firm will use the funds for R&D as well as double-down on its gaming-focused blockchain called โThe Root Networkโ.
Ubisoft has joined the Cronos Blockchain as a validator. The studio behind Assassin's Creed, Rainbow Six, and other AAA games, will collaborate on improving utility for blockchain gaming.
Night Run, a casual ๐motorcycle riding game, announced its early access open beta on Steam. The web3 game will go live on ๐ 31 July 2023.
๐ Other stories making headlines
Ripple (XRP) secures a partial victory over the SEC, after a judge โ ruled that the token is not a security. The news sent the market into a frenzy, with XRP becoming the fourth-largest crypto by market capitalization.
Polygon unveils plans to transition the MATIC token to POL. Termed as a โhyperproductive tokenโ POL will work across all Polygon protocols โ Polygon PoS, zkEVM, and Supernets.
Aave launches its dollar-backed $GHO stable coin on Ethereum, reaching $2.5M TVL in 48 hours. ๐
Coinbase rolls out end-to-end encrypted web3 messaging โ in its wallet. The service is powered by the XMTP Protocol.
Uniswap announces the opt-in beta for UniswapX, a new permissionless, auction-based protocol for trading across AMMs.
Democrat Presidential hopeful, Robert F. Kennedy Jr. reveals plans to back the US Dollar with Bitcoin and eliminate taxes on crypto if elected. ๐ฒ
With that, we come to an end with this weekโs digest. Iโll catch you in the next one, until then take care and stay well!
Cheers!
Kevin