Porsche criticizes ‘hassle-free’ NFTs, exits Mint early
Automaker Porsche has had to shut down its mint just two days after it began issuing non-fungible token (NFT) mints for its famous white 911 models, saying “owners have spoken.” bottom.
The January 23rd launch was seen as a major failure for Porsche, with only 2,040 sold out of 7,500 NFTs available at the time of this writing.
Our owner has spoken. We’re cutting supplies and shutting down mints as we move forward with providing the best possible experience for our exclusive community. More to come in the next few hours.
— PORSCHΞ (@eth_porsche) January 24, 2023
The Mint was widely criticized by the crypto community for being “no hassle,” “no tone,” and too expensive. NFT price is 0.911 Ether (ethereum) ($1,417).
I’m really sad. No community. No communication. No value. I’m glad our community hasn’t fallen for it. Big brands should be careful. This is a valuable lesson for them. Extracting value isn’t going to cut it.
— Staś May (@haymaker_studio) January 24, 2023
Secondary market sales are below Live Mint. a bit As 0.86 ETH.
Porsche, after announcing it would cut supply clarified That casting will remain open until January 25th at 11am UTC. The collection marked a surge in his FOMO purchases that temporarily pushed the lowest prices.
crazy sequence of events @eth_porsche
– Tweet about supply cuts and mint suspensions
– Increase FP by 0.3 ETH
– everyone notices the mint is still open
– mint everyone #NFTs & sell quickly
– FP reverts to mint pricewinner?
– Porsche sells up to 160 NFTs within an hour
– shrewd trader pic.twitter.com/p1Kch1OrLH— metaversatile.eth (@metaversatile_) January 24, 2023
Get Stuf’d: Oreo launches the Metaverse…and a very large cookie
Cookie company Oreo has launched its own metaverse, OREOVERSE. It’s an interactive digital world where cookie lovers can play cookie-themed games and enter sweepstakes.
Introducing our newest limited edition OREO cookie: The Most OREO OREO This OREO cookie features “Most Stuf” cream and OREO wafer pieces.
It’s only natural to dive into the metaverse with your own OREOVERSE with a very meta cookie. https://t.co/v15kHRyxDu pic.twitter.com/yVfcFCDV7a
— Oreo Cookies (@Oreo) January 24, 2023
OREOVERSE can be found on desktop, mobile and Meta’s Horizon Worlds, where users with Meta Quest headsets can enter the Metaverse and experience it in virtual reality (VR).
Oreo enlisted the services of TV personality Martha Stewart and her gardener and friend Ryan McCallister to champion an Oreo-inspired digital world.
The sweepstakes grand prize gives users the chance to win $50,000 in a variety of smaller prizes.
The Metaverse announcement was paired with the announcement of the latest limited-edition cookie called “Most OREO OREO,” which has a “Most Stuf” cream center and is filled with Oreo bits.
Nike Launches NFT Marketplace With Air Force 1
With the first NFT collection on the “.SWOOSH Studio” NFT Marketplace, Nike plans to launch an NFT collection inspired by the iconic Air Force 1 sneaker following a community vote.
Polygon (matic) based NFT will go live on January 25th, according to a January 23rd tweet by Jasmine Gao, senior product manager at Nike Virtual Studios.
.SWOOSH Studio, Home of Nike’s Virtual Co-Creation, Launches This Wednesday 1/25
Last month, the .SWOOSH community voted for their favorite AF1 sneakers to influence their journey through the upcoming Our Force 1 collection.
Get ready to build it with us. pic.twitter.com/to3VyBgbSJ
— Jasminelil.SWOOSH (@jgao) January 24, 2023
Nike Announcing Upcoming NFT Marketplace On November 14th of last year, Nike Virtual Studios general manager Ron Faris claimed that it would help get “the next million people into the wonderful world of web3 and digital assets.”
It aims to be a community-driven platform for Web3 digital art, giving members the opportunity to collaborate with global fashion brands on virtual creations through community challenges.
According to a November 14th press release, members who win the challenge will also be able to earn it. royalty About the virtual products they help create.
Nike also hinted that digital wearables could eventually be used in games and other “immersive experiences.”
Twitch Co-Founder Fractal Brings Gaming To Polygon
Gaming company Fractal expands its F Studio product suite to the Polygon blockchain, bringing with it 30 Polygon gaming partners.
❄️ Fractals are expanding to polygons ️@Fractal Wagumi Mints, Tournaments, Marketplaces and Studios Now Available #onPolygon
We are excited to announce the launch of Fractal’s 30 Polygon partners.watch the video pic.twitter.com/VuIRThkof5
— Polygon Gaming (@PolygonGaming) January 24, 2023
Partners include games like Phantom Galaxies, Life Beyond, League of Kingdoms, Blast Royale, and Sunflower Land.
Fractal is the NFT game marketplace Founded by Twitch co-founder Justin Kang It provides a starting point for new projects and facilitates tournaments.
It also boasts a software development kit that allows developers to build an in-game marketplace where players can buy and sell NFTs in-game without having to go through Fractal’s marketplace.
This platform was originally started with Solana (Sol) network, VentureBeat reported on Jan. 23 that Fractal Expanding So in the polygon speedthe scalability, and the security of the Ethereum network to accelerate game development.
According to the report, Polygon Gaming will make a strategic investment in Fractal, although the amount has yet to be disclosed to deepen the partnership between the two companies, according to the report.
Other nifty news:
An up-and-coming NFT racing game called PetaRush has sold out all available NFTs, both in whitelist and public sale.In this game, users Integrate some NFT collections externally Strengthen the gaming ecosystem by pursuing partnerships that allow us to use IP from other collections.
In a recent interview with Cointelegraph, Kieran Warwick, co-founder of blockchain role-playing game Illuvium, suggested: Casual gamers are “critical” To the success of blockchain games utilizing NFT. Yat Sui, chairman of Animoca Brands, echoed this sentiment by claiming that he only needed one good game to start the blockchain gaming boom.
