Nifty News: StepN integrates Apple Pay, Bitcoin jumps to second-largest NFT chain, and more…
May 23, 2023 10:50 UTC
May 23, 2023 at 10:50 UTC
Over the last 30 days, NFT sales for Bitcoin have totaled over $167.47 million, and StepN has integrated Apple Pay to lower entry hurdles for the programme.
The following-largest NFT network: Bitcoin?
According to data from CryptoSlam, the network has quickly grown to become the second-largest NFT network, despite the fact that the idea of nonfungible tokens (NFTs) is still causing controversy within the Bitcoin community.
According to CryptoSlam data, Bitcoin has hosted the second-largest amount of NFT sales volume overall when looking at the 24-hour, seven-day, and 30-day metrics.
Notably, Bitcoin has surpassed its direct rivals Solana and Muthos Chain, which have only experienced $55.8 million and $35.4 million in sales over the past 30 days, by a significant margin.
With sales of $26.3 million over the last 30 days, Bitcoin Ordinals is the most popular NFT collection for Bitcoin and is also the fourth-highest selling project across all blockchains.
The projects Space Pepes and Bitcoin Frogs come next, with 30-day sales volumes of $12.24 million and $9.43 million, respectively. They are currently rated eleventh and fifteenth overall for the previous month as of this writing.
For the first time, enter Apple Pay.
It has reportedly become the first blockchain-based game app to interface with Apple Pay, according to Web3 lifestyle platform StepN.
It was created by Web3 studio For its move-to-earn approach, which essentially compensates owners of its shoe NFTs with crypto tokens according on how frequently they walk or jog, StepN is known for finding Satoshi Lab.
The StepN team stressed in a May 22 announcement that the change represents a “momentous step” for the platform since it simplifies in-app purchases by doing away with the “need to connect a separate crypto wallet.”
The company added that it will “remove barriers of entry” for people who are unfamiliar with setting up cryptocurrency and NFT wallets, which may be challenging for beginners.
“This connection expands our reach to a huge new market and makes Web3 more widely usable. Find Satoshi Labs co-founder Yawn Rong said, “It bridges the gap between Web2 and Web3 technologies in an unprecedented way.
The drawback of this is that StepN will probably have to pay the 30% “Apple Tax” on any transactions made through the Apple Store because it has linked with Apple’s payment facilities rather than accepting payments outside.
Become an “idiot sandwich” in the Metaverse
Metaverse visitors are about to experience Gordon Ramsay’s distinctive brand of motivational speaking for the first time. through order to introduce a “multi-dimensional, participatory adventure” through its Metaverse game platform, The Sandbox collaborated with ITV Studios and Gordon Ramsay’s Hell’s Kitchen.
According to a May 20 statement, the activity would centre around cooking contests in a digital replica of Ramsay’s kitchen from his well-known show.
A number of tasks will be available for anyone to participate in, with the chance to win prizes like HexClad frying pans and 20,000 SAND tokens. Additionally, some victors will have the opportunity to have Ramsey himself critique their virtual meals via Discord.
Additionally, 2333 different NFT avatars with Hell’s Kitchen themes will be available for purchase, raising the possibility that Ramsey’s brain may be floating about The Sandbox.
Openfort raises $3 million for a web-based gaming wallet.
Openfort, a business providing blockchain gaming infrastructure, has completed a $3 million initial investment round to forward the development of its Web3 gaming “wallet-as-a-service” offering.
Game7, NGC Ventures, and Newman Capital joined Gumi Cryptos Capital and Maven 11 in leading the financing.
The company will use the funds to grow its wallet product and establish collaborations in the Web3 gaming industry.
The wallet solution from Openfort is now in private beta and comprises a number of user-friendly APIs that work with Unreal Engine, Unity, and React on browsers, PCs, and eventually mobile devices.
By automating less-important blockchain transactions via “account abstraction” to make blockchain gaming more fluid, gamers will interact with Web3 wallets and games more easily.
Various Nifty News
At its completion on May 19, the auction for pieces of the NFT collection owned by the bankrupt Singaporean cryptocurrency hedge fund Three Arrows Capital brought in $2.5 million.
Gala Games, a GameFi project, announced on May 22 that it has joined with PokerGO, a Las Vegas poker streaming service, to launch a new web3 and NFT related social poker game.