Puma Launches Metaverse Experience: Nifty Newsletter, June 7-13

In this week’s newsletter, read about footwear giant Puma’s new metaverse experience for Puma Pass non-fungible token (NFT) holders. Check out META CEO Mark Zuckerberg’s comments on the new Apple Vision Pro headset and how NFT platform Enjin is launching a new blockchain. In other news, GameStop terminated the executive responsible for its NFT push, and don’t miss this week’s nifty news, including Kraken’s NFT marketplace and Coinbase’s stand with crypto NFTs.

Footwear group Puma introduces 3D Web3 experience

Footwear company Puma has launched a 3D Metaverse Experience named Black Station. According to its creators, it is an experiment to give Puma Pass NFT holders access to various product drops.

Despite this, the company highlighted that the experience is open to everyone, but those with special tokens airdropped to Puma Pass holders will have perks like digital wearables and the ability to purchase a “Rulebreaker” sneaker.

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‘Already Explored’ – Apple Vision Pro fails to impress Mark Zuckerberg

Meta CEO Mark Zuckerberg recently shared his thoughts on Apple’s latest product, the Vision Pro headset. According to the executive, while he had not yet experienced the product, he believed the Meta team had “already explored” and considered the laws and constraints of physics, indirectly influencing the new product. It may not be important to suggest.

The Meta CEO also highlighted that Apple has increased capabilities, which has resulted in a sevenfold increase in cost.

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NFT platform Enjin connects Polkadot parachain Efinity to new mainnet

NFT platform Enjin has launched a new mainnet called Enjin Blockchain. To further Web3 adoption, the team said the blockchain will provide solutions that do not rely on smart contracts, but instead have functions integrated directly into the blockchain’s code.

The new chain enables various features such as allowing developers to subsidize user transaction fees and letting users interact with projects directly within the blockchain without having to download specific wallet software.

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GameStop fires CEO Matt Furlong, months after ending crypto push

GameStop recently fired its CEO Matt Furlong, the executive who steered the company into the NFT space. In a statement published by the company, Furlong was fired, while Ryan Cohen was promoted to executive chairman.

The development follows GameStop’s 2022 announcement that the company will no longer focus major efforts toward NFTs or crypto, following an earnings call that reflected losses of nearly $95 million.

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Nifty News: Kraken Exits NFT Beta, Coinbase’s ‘Stand With Crypto’ Gains Support & More

Crypto exchange Kraken recently announced that its NFT platform has moved out of its beta phase. With the launch, the marketplace noted that it has expanded the number of collections that support and integrate the Polygon blockchain. Meanwhile, Coinbase’s stand with crypto NFTs grows stronger as the community backs the campaign’s support for sound regulation.

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Thanks for reading this digest of the week’s most notable developments in the NFT space. Come back next Wednesday for more reports and insights into this actively evolving space.