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Solana May Get NFT Royalties Enforceable Through New Metaplex Standard

Creator royalties have dropped substantially in the Solana NFT sector recently, as top marketplace Magic Eden made paying them optional last week after rivals that shied away from royalties snatched away market share. Now Metaplex, the maker of Solana’s NFT standard, says it is developing a new standard that could enforce royalty payments across the board. While artists and creators can set royalty rates through project smart contracts.

The firm said that the existing Metaplex standard is used by more than 99% of all Solana NFTs created so far. Metaplex said it can create enforceable royalties by expanding its token metadata program, which is how NFT makers add the data and information that makes an NFT—or blockchain token representing ownership in an item—unique from one another.

Logan Paul Hasn’t Refunded $1.8M To CryptoZoo Scam NFT Buyers After 6 Months

The publisher of the CryptoZoo NFT scam project, Logan Paul, has yet to fulfill his promise to return $1.8 million to investors over the past six months. YouTuber Logan Paul faced intense backlash six months ago for allegedly scamming his audience with an NFT gaming project called CryptoZoo, which was proposed in 2021. Paul and his crew were given ZOO tokens and sold NFT, but the game was never completed.

As alleged by Coffeezilla, Paul once promised to deposit all of their ZOO tokens into a burning wallet so that the tokens would be effectively destroyed. After that, they can only profit from their ZOO tokens. However, upon examining the official ZOO contract detailed in the token’s white paper, there is no clear evidence that Paul or Levin burned any of their ZOOs.

NFT collection company Cold Blooded Creepz SuperDuper will develop Overlord strategy game with blockchain firm ImmutableX.

Everywhere you turn today, the buzz is all about one thing — the Azuki Elementals mint.

The fascination, the excitement, and the intrigue around this mint have created a fervor that is impossible to ignore.

The Azuki Elementals are the third addition to the rapidly expanding Azuki universe, including Azuki’s genesis collection and Beanz.

Spanning four different domains (Lightning, Earth, Water, and Fire) and rarity tiers, Elementals consists of 20,000 NFTs.

The first 10,000 were airdropped to Azuki holders at the project's recent Vegas event.

​🖼 GameFi delivers Oasys Navi NFT gaming marketplace

GameFi forms an exclusive partnership with Oasys and jointly delivers its Oasys Navi NFT gaming marketplace. This is the latest project that has been unsheathed by the two entities. The project will be responsible for organizing prime gaming-oriented NFT launches.  GameFi, on its part, will be backing INO and IDO campaigns that exist on the Oasys blockchain, as well as other fresh NFT projects. In the case of the uninitiated, GameFi is basically a Web3 platform, while Oasys is a well-known and respected Japanese gaming blockchain. According to the Head of Ecosystem Alliance at Oasys, Yas, they are looking forward to taking this partnership forward and making a difference to the overall Web3 gaming market as well as creating an atmosphere of all-inclusiveness where the whole gaming community is concerned. As a mark of commitment from their side, they have jointly come out with the Oasys Navi NFT marketplace.   As a part of their next plan of action, the two companies, GameFi, together with Oasys, will be involved with the deliverance of a beta version of an NFT marketplace. There will be a game dashboard and a mainnet launch which is in the offing. Collectively, the two entities will be delivering INOs, and features like tournaments will also be in the picture in the very near future.

Mercedes-Benz is working on a new function that allows drivers to display NFTs by connecting their wallet .

The feature would be displayed through an in-car app for digital art. Drivers simply connect their crypto wallet, then interact with the touch screen to browse and select NFTs.

Mercedes is still experimenting, but the feature will be tested in the new Mercedes-Benz E-Class.

Metaverse to help tackle global warming: Study

A recent study suggests that the metaverse, a virtual 3D environment where the physical and digital worlds merge, has the potential to contribute to the reduction of global surface temperatures by up to 0.02 degrees Celsius by the end of the century. Published in the journal Energy & Environmental Science, the study highlights the metaverse's ability to lower greenhouse gas emissions, decrease atmospheric carbon dioxide concentration.

The study emphasizes the potential benefits of metaverse-based remote working, distance learning, and virtual tourism in improving air quality. By reducing transportation and commercial energy usage, the metaverse can also contribute to transforming energy distribution, with a greater energy supply directed towards the residential sector.

​📣 Decentraland And Polygon Join Hands To Host An NFT Music Festival In The Metaverse

Decentraland, the popular 3D virtual world on-chain browser-based platform, has partnered with Polygon Labs, the team behind an Ethereum scaling solution network, to host their annual non-fungible token music festival in the metaverse. In a June 16 site publication, Polygon Labs, a digital asset incubation studio, confirmed ready plans to host its annual music festival this Saturday. Polygon Labs has partnered with Decentraland to host the NFT music event in the mataverse this week. The highly anticipated music festival will bring together more than fifteen music producers and artists in the metaverse and fuse them with more than 5 million meterverse users globally.The metaverse music event will showcase the exceptional talents of renowned musicians, including Green Ring, a digital artist who makes melodic music; Felice LaZae, a boundary-pushing producer, musician, and performer and Lucy Crow, an Italian singer, and songwriter. Other will include Genesis Barrios, a Cuban-American artist, producer, and Software engineer; Shefali, an electronic music producer and vocal artist; Violetta Ziloni, a web3 artist; and Xena Mars, the secretive break core acceleration artist.

The largest-ever digital art auction, Sotheby's 'GRAILS: Part II,' took place today, and the highly anticipated headliner, Ringers #879 "Goose," sold for an impressive $5.4 million.

Some other notable sales:
- Chromie Squiggle #1780 (Perfect Spectrum) $500,000
- Larva Labs Autoglyph #218 $260k
- Fidenza #479 sold for $490k
- Fidenza #216 $480k

Set to launch on June 22, the pair will release the limited-edition, product-linked Trefoil Flower Mint Pass, offering NFT holders the opportunity to redeem their pass for a complimentary pair of artist-designed Campus 00s sneakers.

The shoes, which feature the recognizable Adidas Originals silhouette, have been reimagined in Fewocious’ signature style, featuring a black and white linework design set against a thick, blue and white cloud pattern lace.

Mint pass holders will be able to redeem the Campus 00s sneakers later this summer.