With companies entering the metaverse and NFT space, and new collections being released, the NFT world is gaining traction across all industries.
As part of our weekly NFT news roundup, here is a list of the most relevant NFT news from this week.
1. PupazziPunk releases three NFT collections with each NFT usable in a Play-to-Earn game
In a tuesday announcement, PupazziPunk, a metaverse game project that is on the verge of breaking out, has launched three NFT collections.
The three collections, “Pupazzi Punk Salvation” Moonriver NFT collection, “Pupazzi Punk Salvation” Polygon NFT collection, and “Pupazzi Punk Adventure” Binance Smart Chain NFT collection, feature game characters that can be used in a play-to-earn 3D shooter game.
Soon, players will also be able to earn Pupazzi Punk Salvation (PPS) tokens, which will be used to reward them for challenges and tournaments.
2. Metaverse company RFOX launches “RFOX NFTs” platform and announces RFOX VALT Grant Program for NFT creators
The metaverse company RFOX announced the launch of its RFOX NFTs platform, allowing artists, creators, and businesses to easily create NFTs.
The NFT platform features a dashboard and several tools for creating new NFT projects, deploying smart contracts for NFT creation, importing existing NFT collections, and creating custom NFT marketplaces, with more features to come in the future.
The company is also inviting creators from around the world to apply for its VALT Grants Program, which offers up to $10,000 to qualified creators for their NFT projects.
3. AMC announces Batman NFTs to celebrate “The Batman” movie release
AMC CEO Adam Aron announced via Twitter the release of Batman NFTs to coincide with the release of the movie “THE BATMAN”.
To qualify for the Batman NFT, customers must make their AMC Stubs A-List reservations by 11:59:59PM ET on February 14, 2022, for shows taking place before March 6, 2022, and scan their ticket or AMC Stubs A-List reservation inside the theater by March 6, 2022.
They will then receive a code via email to redeem a limited edition THE BATMAN NFT via Palm NFT Studio.
4. Alfa Romeo unveils its new Tonale SUV, featuring NFT technology
With the launch of its new Tonale SUV, Alfa Romeo revealed that it will use non-fungible tokens (NFTs) to track and store vehicle maintenance records.
This NFT captures vehicle data and generates a certificate that can serve as a guarantee of the car’s overall condition and, as a consequence, its residual value.
NFT certification provides added credibility to owners and dealers on the used car market. Meanwhile, buyers will feel confident in their decision to buy a second-hand car.
5. Metaverse project LUX sold 3,400 real estate NFTs in 9 minutes
LUX, a VR/AR/PC-based metaverse experience built on the Solana blockchain, launched its first Real Estate NFT collection on Magic Eden, a leading NFT marketplace.
5,000 NFTs were part of the collection, with over 1,600 of them minted during the first wave of whitelisting. The remaining 3400 NFTs sold out in just 9 minutes after going on public sale.
LUX NFT holders will benefit from future token airdrops and staking rewards in the LUX metaverse.
6. Singer Boy George unveils “CryptoQueenz” NFT collection
Singer Boy George announced the release of “CryptoQueenz,” his first-ever NFT collection.
The CryptoQueenz NFT collection, which celebrates the release of seven new songs, comprises 9,999 non-fungible tokens (NFTs).
The NFTs will be released on the CryptoQueenz site on March 1, with Opensea as a secondary market.
7. Pearpop launches Pearproof, a Web3 app for minting NFTs that gain value through social media engagement
Pearpop, an American social media collaboration platform, introduced Pearproof, a web3 app that allows users to mint NFTs of their social media posts.
An important aspect of the project is the use of an algorithm that will allow NFTs to gain value as they receive more engagement on social media. The NFT can reach different levels as it gains popularity, including silver, gold, platinum, and more.
The creators can choose different rewards as they advance through the levels, such as access to a private Discord channel.
8. McDonald’s is set to enter the metaverse with its virtual restaurant
McDonald’s registered ten trademarks to establish a digital presence within the metaverse.
McDonald’s trademark application states that it will “operate a virtual restaurant that features actual and virtual items, and operate a virtual restaurant online that offers home delivery services.”
Users will probably be able to order food and drinks from the virtual restaurant in the metaverse and have them delivered to their homes.
9. Panera Bread is set to launch “Paneraverse”, a virtual restaurant with real-life food delivery
Panera Bread, an American chain of bakery-café fast-casual restaurants, has filed a trademark application to express its intention to enter the metaverse.
In the application, titled “Paneraverse,” the company reveals its plans to serve food in virtual restaurants and to create apps that will deliver food from real restaurants, using NFTs as currency to purchase food and drinks.
10. Artbridge: a place for NFT artists to exhibit their NFTs
Kunstbrug (in English ” Artbridge”), an art gallery located in Oldenzaal, Netherlands, switched to an innovative exhibition format, allowing NFT artists to exhibit their NFTs there.
A QR code will be available at the exhibition in the gallery; those wishing to purchase a specific NFT can scan it with their devices and be redirected directly to the NFT marketplace page, where they can purchase it safely and easily.