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Nike teases upcoming ‘Airphoria’ NFT sneaker hunt on Fortnite

In a short promotional video, Nike’s logo for its web3 platform .SWOOSH features alongside the logos for Epic Games’ Unreal Engine and Fortnite game.

Footwear and apparel giant Nike has hinted that it may soon drop a collection of sneaker nonfungible tokens in Epic Games’ widely popular online game Fortnite.

The move would mark a potentially huge opportunity for Web3 adoption by traditional gamers, given that Fortnite has had more than 242.9 million active players over the past 30 days, according to Active Player.

In a June 16 announcement across Nike’s social media channels, the firm stated that on June 20 the “ultimate Sneakerhunt begins.”

In a brief accompanying video, Fortnite’s logo and Nike’s Air Max logo are featured front and center amongst a backdrop of floating clouds in the sky.

The video then transitions to reveal the name of the sneaker hunt, “Airphoria” and concludes by showing Nike’s logo for its web3 platform .SWOOSH alongside the logo for Epic Games’ Unreal Engine.

Details are sparse at this stage, however, members of the NFT community speculated that Nike may have built an NFT-related game using Fornite Creative 2.0, which essentially enables users to create their virtual island game maps using Fortnite assets.

“I remember that Fortnite recently launched Fortnite Creative 2.0, which has a strong self-built map mode similar to creating games on ROBLOX. I guess Nike may have used this mode to create a game. Two years ago, Nike also created a game on ROBLOX, but it was not combined with NFT[s] at that time,” noted @clone_news_cn.

While it is not 100% confirmed if NFTs will be a part of Airphoria, .SWOOSH’s involvement would suggest that it is on the cards, while Epic Games also holds a friendly stance towards NFT gaming.

Related: Sotheby’s auctions off Dmitri Cherniak’s ‘The Goose’ NFT from 3AC collection for $6.2M

Nike’s NFT unit has been ramping up its efforts to edge its way into the traditional gaming space of late.

On June 1, .SWOOSH announced that its NFTs will be integrated into games developed by EA Sports, the company behind the hugely successful FIFA soccer game franchise, among others. However it has not been confirmed which EA Sports games will eventually have Nike NFTs in them. 

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Nifty News: Pudgy Penguins signs with WME, Bitblox to make Web3 gambling games and more….

Palm NFT Studio has also launched a new tool via Epic Games’ Unreal Engine that enables creators to make generative “game-ready” 3D assets and art collections.

Blue chip nonfungible token (NFT) project Pudgy Penguins has signed a representation deal with major Hollywood talent agency William Morris Endeavor (WME).

According to an announcement via Twitter on May 5, Pudgy Penguins is looking to spread its intellectual property across film, TV, and gaming.

Pudgy Penguins joins a growing list of big name NFT projects that have sought out Hollywood representation deals as a way to expand their brands and audiences. WME’s other NFT-related clients includes Dapper Labs co-founder Mack Flavelle, the Boss Beauties project, pseudonymous NFT artist FEWOCiOUS and artist Claire Silver.

Pudgy Penguins is the twenty-first highest-selling NFT project of all time according to data from CryptoSlam. Since launching in July 2021, it has generated a total of $250.2 million worth of sales on secondary markets.

Last month the project was acquired by Luca Netz of Netz Capital for 750 Ether (ETH), worth about $2.5 million at the time of purchase on April 3.

Pudgy Penguins has been gradually developing a Web3 ecosystem and community surrounding the project, and has already made some moves to get the IP out into the mainstream.

In late March, the project soft-launched physical Pudgy Penguin figurines that come with certificates of authenticity and a proof of ownership that is recorded on Ethereum.

Bitblox to build Web3 gambling games

A new blockchain gaming studio called Bitblox has launched to build a suite of Web3 gambling games on the Solana-based Hxro Network, a distributed liquidity layer for derivatives trading and betting applications.

The online gambling industry, or igaming, was worth roughly $63.5 billion in 2022, and is estimated to grow 11.7% annually from 2023 to 2030, according to Grand View Research.

In a May 4 announcement, Bitblox Games stated that it will focus on developing player-to-player (P2P) games built around skill and speed, where players bet against each other as opposed to the ‘house’ such as Casino or bookie in regular gambling.

“Blockchain-based gaming provides additional transparency to igaming operators while giving players the ability to bet in new and engaging ways,” noted Bitblox CEO Brandt Page.

Specific games are yet to be announced, however more information is likely to come later this month as Bitblox is set to debut at CasinoBeats Summit 2023 in Malta between May 23 and May 25.

Related: A new frontier for collectibles: Preserving music history in NFTs with Legends of Rock

Generative art via Unreal Engine

NFT infrastructure and ecosystem developer Palm NFT Studio has launched a new tool via Epic Games’ Unreal Engine that enables creators to make generative “game-ready” 3D assets and art collections.

The tool is dubbed the “Palm Generative Art Maker” and provides a simplified process for people to make generative art and assets, something which is usually quite complicated for creators that are not well versed in coding.

The tool was launched on May 4 and is available for download as an Unreal Engine plug-in.

Palm Generative Art Maker. Source: Unreal Engine

It enables users to develop a concept in the plug-in, and then port the assets into Unreal Engine 5.1 to fine tune and add finishing details. From there, they can mint the assets as NFTs on the blockchain.

Interest in generative art has surged alongside the growth of the NFT sector over the past couple of years, with profile picture/avatar-based projects such as CryptoPunks helping to popularize the method. While NFT art projects such as Tyler Hobb’s Fidenza have also driven interest in the computer-based art style.

Digital Star Wars toys on Flow

NFT start-up Cryptoys has unveiled the upcoming launch of Star Wars digital collectibles on the Flow blockchain, home to major NFT projects such as NBA Top Shot.

The NFT collectibles, or “digital toys” will drop on May 24, with the artwork bearing a similar design to Funko Pop figurines. Each token will be priced at $39.99 a piece in a randomized “blind box,” with the buyer not knowing which character they got until after purchase.

The NFTs will feature characters such as Darth Vader, Luke Skywalker and Princess Leia, and will come in different tiers of rarity ranging from common, to rare, legendary, “Grail” and “Ultra Grail.”

Other Nifty News

Kenya’s lawmakers are considering the introduction of a 3% tax on crypto and NFT transfers and a 15% tax on monetized online content, according to a new bill introduced on May 4.

The former OpenSea manager who was accused of insider trading of NFTs was convicted on May 3 of wire fraud and money laundering in a New York federal court.

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Web3 Metaverse Company Hadean Raises $30 Million in Series A Funding Round Backed by Epic Games and Tencent

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Unity CEO Predicts Websites Will Mutate to Metaverse Destinations Before 2030

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Wild West-Based Battle Royale Blockchain Game Grit Gets Listed on the Epic Games Store

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Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

NASA Partners With Epic Games to Create a Martian Metaverse Simulation

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Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

Gaming Titan Raises $2,000,000,000 in Funding Round Led by Sony To Build the Metaverse

Video game giant Epic Games is venturing into the metaverse with a $2 billion fundraising round led by electronics behemoth Sony. According to a new press release, top executives at Sony poured $1 billion into the video game company on the belief that their technology combined with Epic Games’ proprietary Unreal Engine will give them […]

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Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’