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Nifty News: Queen, HSBC filing hints at NFTs, Yug teases robot game and more

admin by admin
June 21, 2023
in CryptoCurrency
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Nifty News: Queen, HSBC filing hints at NFTs, Yug teases robot game and more
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HSBC files Metaverse and NFT patents

British banking institution HSBC filed a series of trademark applications related to the Metaverse and non-fungible tokens (NFTs).

A June 12 Admission The United States Patent and Trademark Office (USPTO) shows Metaverse banking, consulting and financial services as well as trademarks of a bank including a virtual credit card, pointing to a Metaverse Bank branch and a possible launch of further virtual banking services.

HSBC also applied for a trademark relating to an online marketplace, specifically aimed at NFTs. This is not the first time HSBC has ventured into the virtual medium. In December 2022, it filed Trademark applications for several crypto and NFT-related technologies.

Interest in – and prices for – metaverse assets has taken a recent dive, but regardless HSBC joins a growing number of firms showing interest in exploring the virtual world.

In February 2022, JP Morgan became the first bank to launch a virtual branch in the metaverse of Decentraland. Since then Visa, PayPal and Western Union have all applied for the Metaverse trademark.

The Metaverse is trademarked in the eyes of the Queen

HSBC isn’t the only UK heavyweight eyeing the virtual world. Queen Productions Ltd. – the production company that manages the intellectual property of iconic British rock band Queen – also filed a series of patents related to the Metaverse and NFTs.

12 june patent Application Submissions to the USPTO show Queen plans to offer NFT-certified media as well as virtual merchandise including clothing, footwear and accessories.

Additionally, Queen is looking to develop virtual and mixed-reality software.

Yuga Labs introduces HV-MTL FORGE NFT game

Yuga Labs announced the launch of its latest NFT game, which marks the ninth iteration of its ten-step gaming-centric storyline.

A June 21 tweet from Era states that the HV-MTL Forge event will begin on June 29 and will involve users building homes for their respective NFT characters.

First unveiled in March 2023, the HV-MTL NFT Project is a 30,000-piece collection of “Mech” NFTs adjacent to the project’s flagship collection Bored Ape Yacht Club (BAYC).

Similar to the preceding game Dookie Dash, players will compete in a competitive, level-based environment. However, instead of competing for high scores, the winner would be decided by community vote.

Users questioned the future utility of the Sewer Pass NFTs, which were once used to compete in Dookie Dash, although in recent eras revealed The pass can be lit to summon a “Power Source” which will unlock the “Evo 1 Mech”.

By era, competing in the HV-MTL Forge game will unlock further upgrades for the mech.

The announcement was met with mixed reviews on Twitter, with some users criticizing the trailer. Similar a game that he “would have played on Miniclip in 2003.”

Enter Slim Jim’s ‘Metaverse’

It’s been a meaty week for announcements related to the metaverse and NFTs, and American snack brand Slim Jim’s just made it even meatier.

In a June 21 tweet, the jerky stick maker known for its meme-based marketing efforts announced its first step into Web 3 with the launch of what it calls the “Metaverse,” which includes NFTs and cryptocurrency.

According to Slim Jim, a total of 10,000 NFTs are now up for grabs on their website. The NFTs, dubbed “GigaJims,” ​​are free-to-mint on the Ethereum scaling network Polygon (MATIC) and will reportedly act as a digital membership card in the future.

Connected: Nike teases upcoming ‘Airphoria’ NFT sneaker hunt on Fortnite

Marketed as a way for crypto and jerk enthusiasts to join the “Long Boi Gang,” the NFT gives holders access to perks and benefits that are set to be unveiled in the near future.

Additionally, owners of GigaJims will be able to upgrade their NFTs by collecting “SAUCE”, Slim Jim’s digital currency.

Other Nifty News

On June 21, Czech auto maker Skoda launched an NFT platform in collaboration with layer-1 blockchain Near Protocol.

On June 17, Tom Lehman, co-founder of Genius.com, launched “Ethscription,” a new protocol for mining NFTs and other digital assets on Ethereum. It derives its name from the bitcoin ordinals where the property is referred to as an “ordinal”.

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