We collect this week’s highlights on NFTs, play-to-earn, and metaverse which are the main topics we hear more and more details about every day.

For those who do not want to miss the most influential news about the industry among dozens of news, we have compiled the top five of the week for you!

DOGE Value Skyrockets in Response to Twitter Mention

from @itsALLrisky

Dogecoin gained 28 percent after Twitter’s logo was replaced with the symbol of the cryptocurrency Dogecoin.

According to Google Finance data, Dogecoin, which advanced at 0.077 level before Twitter’s logo changed, gained close to 34 percent with the logo change and reached the level of 0.1028.

There were also those who interpreted the situation as a late April 1st joke. The icon change is directly visible to the social media giant’s estimated 360 million monthly active users and visitors to the platform on desktop and mobile versions.

Elon Musk’s past enthusiastic support for Dogecoin was remembered when Twitter changed its logo to the mascot of the meme-inspired cryptocurrency. As expected, the news caused a significant boost in the value of DOGE, given the correlation between Musk’s comments and the altcoin’s price movements. 

The reason for Twitter’s decision to rebrand seems unclear for now, but it may be related to Musk’s ongoing legal battles, as he is attempting to have a $258 billion lawsuit thrown out of court. Despite Musk’s defense that his tweets about DOGE were innocuous and silly, they have had a tangible impact on the cryptocurrency’s value, with DOGE surging by a remarkable 18,500% in the first 10 weeks of 2021 in response to Musk’s endorsements.

FIFA Releases New Mobile Game with NFT Additions

Credits: FIFA and Futureverse AI League

FIFA announced that it has launched the beta version of its previously released World Cup AI League, a 4V4 soccer strategy game that uses artificial intelligence (AI) for its characters, cosmetics and gameplay elements.

Web3 AI firm Altered State Machine took over as the developer of the mobile game, which is now available on Android. In a statement, it was stated that an iOS version of the game will be released “soon”. However, FIFA’s open beta of the new game is an expanded version of the World Cup prediction game released in the past months.

In the new game of FIFA, the characters have the atmosphere of a movie or a popular game, Fall Guys. In FIFA’s game, the movements of your characters are controlled by artificial intelligence, which also detects their own strengths and weaknesses. Finally, it was stated that NFTs will be added to FIFA’s new mobile game in a short time.

As it is known, FIFA has ended its cooperation with Electronic Arts for the world-famous football game series. This game released by FIFA seems to be the first move after this separation.

Donald Trump goes to trial, NFT sales explode

Stf/Agence France-Presse — Getty Images

The sale of NFTs issued by Donald Trump almost flew after the decision to be taken into custody.

Around the time Trump went to court, the former US President’s NFT sales rose 251 percent in the last 24 hours, according to data from CryptoSlam.

During his trial in New York, approximately $46,648 worth of NFTs were traded.

The former president’s NFT collection of 45,000 NFTs was first launched in December 2022 and sold out within 24 hours. Various Trump NFT cards include images of the former president wearing different costumes, such as a cowboy, basketball player, and Superman.

The NFT collection has been on the rise after Trump’s impeachment last week. But Tuesday’s and last week’s daily gains totaled well below the December peak of over $3 million in sales.

There is another NFT collection about Trump’s arrest process. The Ethereum NFT collection, called Trump Criminal Digital Cards, appears to be an unlicensed imitation of Trump Digital Trading Cards, a collection of 45,000 NFTs released by Trump last December. Trump’s official collection also saw a surge in sales on Tuesday.

According to Nansen’s data, the prison-themed version of Trump’s NFT collection saw its base price rise to 0.017 ETH, or roughly $31 in the past day. At the same time, trading volume increased from 0.03 ETH the day before to 1.13 ETH, an increase of about 3,600 percent. Trump Digital Trading Cards, on the other hand, saw a trading volume of 35 ETH, or 64,000 USD, in the past day, with the cheapest currently trading at 937 USD.

Magic Eden to Present Launchpad for Bitcoin Ordinals Creators

from NFTPlazas

NFT marketplace Magic Eden said on Thursday it will launch an Ordinal launchpad so creators can get registrations for their Bitcoin NFT collections.

Ordinals have been eagerly awaited since January. Magic Eden launched a Bitcoin NFT marketplace last month that allows collectors to purchase Ordinals on the secondary market. It also integrated support for Bitcoin wallets.

Zhuoxun Yin, the co-founder of Magic Eden, said in a press release that helping manufacturers create Ordinal will help the tokenized asset market in Bitcoin grow. Zhuoxun Yin, the COO and co-founder of Magic Eden, also noted that Bitcoin is the “grandfather of all blockchains” and can serve as a home for pure digital artifacts.

Magic Eden will work with Godjira, an Ethereum-based NFT collection for the launchpad. The Bitcoin-based (Dead) Jira collection will be released on April 7. The company has also tied up with names like Genopets, Lazy Lions, Humanoids and rapper Lil Durk for mint transactions.

Magic Eden is also making efforts to expand the possibilities of Solana, the layer-1 blockchain outside of the Bitcoin network. The company has also set up a Web3 gaming collective that brings together leading blockchain-based gaming funds and publishers a few days after the Bitcoin NFT market launch. Earlier in March, it launched “Mint Madness”, which allows users to generate free NFTs for Web3 games.

OpenSea Announces Its New Platform For Professional NFT Investors: ‘OpenSea Pro’

Credits: OpenSea

OpenSea, the world’s largest NFT marketplace, has launched OpenSea Pro to provide comprehensive services to professional users. OpenSea Pro offers innovative features and a comprehensive structure to its users. As a result of this move, the NFT aggregator platform Gem, which was previously independent and acquired by OpenSea in April 2022, has been converted to OpenSea Pro.

The battle for supremacy in the NFT market between OpenSea and Blur is also heating up. The rivalry in the NFT marketplace is a matter of great interest, as OpenSea strives to maintain its position as the dominant player in the industry. It is noteworthy that Blur generated considerable attention upon its entry into the market, leading some to speculate that OpenSea’s dominance could be at risk. In fact, Blur briefly outperformed OpenSea in terms of transaction volume, a development that certainly raised concerns for OpenSea’s leadership.

However, OpenSea responded to the challenge with a decisive move, announcing a 0% fee policy to encourage users to remain on its platform. The company’s aim is to retain its loyal customer base and to prevent them from being lured away by competitors. As of now, the competition between OpenSea and Blur remains fierce, and it will be interesting to observe how these two NFT powerhouses continue to navigate the landscape in the future.

OpenSea Pro, which brings together more than 170 NFT markets under one roof, will use new smart contracts for the lowest transaction fee service. In addition, the platform will be fully compatible with mobile devices. In the announcement made by the team, it was also stated that users can list on OpenSea with 0% transaction fee through OpenSea Pro during a promotional period.

OpenSea also offers users who purchased NFTs before March 31 through its previous platform, Gem, a chance to mint NFTs for free, named Gemesis. The collection is priced at a base price of $100.