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MADworld companions with Xtreme Pong for NFT drop, CryptoDragons NFTs promote out in 10 seconds and Beeple collector buys Rare Pepe meme NFT for 500Okay

Nifty News: MADworld companions with Xtreme Pong for nonfungible token (NFT) drop, CryptoDragons NFTs promote out in 10 seconds, and Beeple collector buys Rare Pepe meme NFT for 500Okay.

NFT meets ping pong

Animoca-Brands backed NFT builders MADworld has partnered with widespread content material creator Airrack to drop NFTs devoted to his upcoming Xtreme Pong match.

Airrack has round 2.58 million Youtube subscribers and is internet hosting a live-streamed ping pong match on Nov. 13 at 1 pm PST that may characteristic different content material creators akin to Zach King, Brent Rivera, ZHC and Bryce Hall.

The match will characteristic on Airrack’s Youtube channel, and it’ll see a complete of 12 extremely prosperous creators battle it out for a stake of the $120,000 prize pool.

As a part of the occasion, Madworld will function the official NFT growth accomplice and create NFTs that give the hodlers voting powers over future Xtreme occasions. In an announcement shared with Cointelegraph, Eric Decker (Airrack) emphasised that:

“It’s important to me to engage my subscribers and give them actual control over the channel’s outcome & direction.”

MADworld will present three tiers of memorabilia NFTs for the occasion, with the commonest being NFTs representing occasion gear utilized by the opponents. Competing artists will create distinctive digital artwork NFTs throughout “live art battles” that may happen through the Xtreme Pong occasion.

The agency may also accomplice with every creator to public sale a uncommon “apex” NFT tied to their bodily paddle used through the occasion.

“The Xtreme Pong format is an example of how the right utility can drive demand for any NFT. It will be one of the most innovative live-stream events of 2021 and will set new industry standards,” mentioned Jordan Heathfield, MADworld’s Head of Marketing as a part of the announcement.

RAREPEPE sells for $500Okay in public sale

MetaKovan, the NFT collector who famously purchased Beeple’s First 5000 Days NFT for $69 million earlier this 12 months, snapped up a RAREPEPE NFT for $500,000 by way of public sale final week.

On day three of the NFY.NYC. occasion on Friday, MetaKovan bought the Series 1 “RAREPEPE, RAREPEPE NAKAMOTO Card 1” token that depicts a mix of the beloved Pepe the Frog meme and a photograph Satoshi Nakamoto, a Japanese man who was mistaken for the pseudonymous Bitcoin creator who bears the identical identify.

The public sale was hosted by Mint Gold, who was celebrating the launch of its 24/7 artist market and artistic studio for NFT creators on the identical day.

Mint Gold mentioned the NFT was valued at $25,000 earlier this 12 months however has grown in reputation amid the booming progress of the NFT sector.

“During the last NFT.NYC in early 2021, 99% of the people that I mentioned RAREPEPE or other vintage NFTs to, did not know what they were,” mentioned Theo Goodman, an auctioneer on the occasion.

“This year, every person that I asked knew what it was. The striking visual contrast between these vintage artworks and collectible modern mass-produced NFTs is something most people see right away, and this auction was evidence of that,” he added.

Final Fantasy creators ramping up NFT foray

Square Enix, the Japanese agency behind the extensively widespread Final Fantasy and Tomb Raider online game sequence, has outlined that it’s going to transition to a “full commercialization stage” towards NFTs quickly.

In March, the agency jumped into NFTs by way of a partnership with blockchain agency Double Jump Tokyo to drop a sequence of collectible playing cards depicting content material from the Million Arthur gaming and Anime franchise.

The NFT assortment was launched on Oct. 14 and promptly offered out.

During a latest six-month monetary outcomes presentation, Square Enix mentioned that its first NFT drop served as “a proof of concept for establishing what synergies” it could derive from combining NFTs with its “business assets.”

Square Enix added that it’s now aiming to work on a “full commercialization stage” for tokenizing its licensed content material, which additionally features a “robust entry” into blockchain-based gaming.

“Games are further expanding from centralized into decentralized formats,” the report reads. “In addition to the sort of content creation we have traditionally engaged in, we will focus on blockchain games premised on token economies as a form of decentralized content.”

CryptoDragons promote out in 10 seconds

The newest NFT drop from the NFT collectible and gaming challenge dubbed “CryptoDragons” offered out in 10 seconds.

The drop consisted of 1 legendary egg NFT, 1 Epic Egg NFT and 498 randomly distributed Egg NFTs that had been priced at 35 Ether (ETH), 7 ETH and 0.2 ETH respectively.

Owners of the assorted EGG NFTs can hatch or unlock a brand new Dragon NFT, which could be used within the challenge’s metaverse and “Battle on Blockchain” sport mode, which affords the gamers an opportunity to win new NFTs or ETH.

There are a complete of 10,000 EGG NFTs, and the eggs could be hatched ranging from Dec. 25 to be used on the platform.

Other Nifty News

On Nov. 8, Identity verification tech agency Civic Technologies launched a free device to fight botting exercise in Solana (SOL)-based NFT drops known as the “Ignite Pass.” The device filters out bots by requiring patrons to finish a liveness verification earlier than being authorized to make NFT purchases.

Cointelegraph reported earlier at this time that Zynga, the builders of the extensively widespread sport FarmVille, appointed advertising veteran Matt Wolf as its vice chairman to supervise the corporate’s blockchain gaming efforts.