The NFT trend does not appear to be slowing down. Every day, there is more news regarding the launch of new NFT-related initiatives, the release of collections, and the formation of brand-new collaborations.
As part of our weekly NFT news roundup, we’ve selected the top 5 stories to keep you up to date.
1. HUGO BOSS Launches ‘Embrace Your Emotions’ NFT Collection
HUGO BOSS has teamed up with Web3 company Imaginary Ones to launch the HUGO x Imaginary Ones NFT collection, which will be released in November.
The collection features 1,001 3D animations titled ‘Embrace Your Emotions‘ (EYE) and has the purpose of encouraging people to connect with their emotions and to spread the idea that “all feelings – happy and negative – are valid and should be embraced.”
2. Japan to Invest in NFTs and Metaverse
Prime Minister Fumio Kishida indicated in a speech to Japan’s National Diet on October 3 that the country’s plans for investing in digital transformation include NFTs and the metaverse.
The Prime Minister has unveiled a series of measures to which Japan will commit in order to revitalize the Japanese economy. “Efforts to expand the use of Web3 services that leverage metaverse and NFT” are among them.
3. OpenSea Enables NFT Bulk Listing and Buying
OpenSea, the world’s first and largest web3 marketplace for NFTs and crypto collectibles, has introduced bulk listing and buying in an effort to improve the platform’s purchasing and selling experience.
Thanks to the new functionality, users may now list and purchase up to 30 items on OpenSea in a single transaction.
4. DreamWorks Animation Launches Trolls VOX NFTs
DreamWorks Animation has announced a partnership with Web3 platform Gala Games to launch an NFT collection.
The NFT collection, which features characters from Trolls and includes 8,888 unique NFT collectibles, will be available on the Coinbase NFT marketplace on October 14.
5. Moncler Celebrates its 70th Anniversary with NFTs
Moncler’s 70th Anniversary Program includes a section called “Extraordinary Uni-Verse,” which mentions the launch of NFTs as a form of celebration.
There will be seven Moncler NFTs available, designed by German digital artist Antoni Tudisco and distributed in partnership with the Web3 solutions platform Arianee.