Home > NEWS > NFT investor accidentally burns CryptoPunk: Nifty Newsletter, March 22–28

NFT investor accidentally burns CryptoPunk: Nifty Newsletter, March 22–28

While trying to wrap his CryptoPunk to borrow money, an NFT investor accidentally sent the asset to a burning address, permanently removing it from circulation.

In this week's newsletter, you can see that sony has patented the game's unchangeable dynamic password (NFT) architecture, and how its executives believe that Grand Theft Auto and my world real estate developers may change their views on blockchain. Learn how a NFT collector accidentally damaged a $135000 CryptoPunk while trying to borrow money, and was fully aware of Disney's reported dismissal of the virtual reality unit. In other news reports, his Majesty's Ministry of Finance has already chosen to abandon the new project of the Royal Mint NFT.

Sony is concerned that NFT is transmitted across several mobile game platforms and publishes patents.

Sony recently patented a NFT delivery architecture that spans several mobile gaming platforms. This is also sony's new partner who prepares to enter the login password in advance, which integrates NFT into the game. With that, NFT can become a feature and object in the skin or other games.

This patent shows that the right to use NFT can be transferred to other end-product users across a variety of service platforms, thus allowing PlayStation5 customers to apply NFT in the game after introduction.

Continue to read...

My world mobile game, GTA may change their view on blockchain technology: GameFi executives

In November 2022, GTA real estate developer Rockstar Games announced that GTA V fans' web servers will no longer be able to use NFT. Even so, many executives in Web3 expect game makers to change their view of blockchain.

Berg Bulley, an executive at WEB3 game production company Wagyu Games, told Cointelegraph that once there is a success story, AAA studios will change their minds. "as long as one Web3 mobile game breaks out, other games will take off and land," he said.

Continue to read...

NFT investors accidentally damaged $135000 of CryptoPunk when they tried to borrow money

An investor tried to experience the complicated outer packaging process of NFT and concluded that it damaged a CryptoPunk worth about $135000. According to Brandon Riley, a NFT collector, he is packaging NFT, mainly to borrow money from there. However, things did not go according to plan.

When the NFT investor was tracking the entire packaging process, he accidentally found a detailed address and sent NFT to this, feeling that it was part of the process he had to take. However, the collector later discovered that the real address was a detailed address for burning CDs, removing CryptoPunk from the commodity circulation forever.

Continue to read...

According to reports, Disney chose to give up virtual reality technology units.

Disney has reportedly said goodbye to the virtual reality unit as part of a restructuring plan that includes cutting 7000 jobs and reducing expenses by $5.5 billion. According to a report in the Wall Street Journal, members of the company's Unreal World Unit will not be able to get a new employment contract.

The department, founded in February 2022, is an entertainment giant trying to find new ways to interact with audiences based on stories. In addition, the company is fully considering integrating virtual reality into online gambling. However, there are no reports of progress.

Continue to read...

British Treasury abandons plans for the Royal Mint NFT

The Treasury's economic development chief has been idle about plans to launch the Royal Mint NFT, which aims to create a government-backed NFT to turn the US into a global research centre for encrypted assets.

The project was originally scheduled to run in 2022, but could not be completed successfully. Although the project was abandoned, McGinnis Griffith, the minister of economy of the Ministry of Finance, stressed that the proposal would still be subject to verification.

Continue to read...

Query COINTELEGRAPH's NFT STEEZ blog

We'll see you next week, the introduction to the most important trend in the NFT industry. Come back next Wednesday to learn more about this booming industry report and opinion.

by Ezra Reguerra
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Why can Bitcoin make money? Is Bitcoin's fixed investment profitable?

For some newcomers to the currency circle, they are not familiar with the investment in the currency circle, and their understanding of the special currency is not very deep. Therefore, they may be at a loss in the choice of investment methods. Many inves

VIDEO

NEWS

Tue, 18 Apr 2023

More