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Magic Eden’s New Bitcoin NFT Marketplace Dominates Ordinals Market

The
growing hype surrounding Ordinals has established Bitcoin as an emerging frontier for trading digital collectibles. And as the landscape develops, the Solana-based NFT marketplace Magic Eden has quickly emerged as a new leader. Ordinals—a protocol that enables content like art and text to be inscribed on individual satoshis, the smallest unit of measure that Bitcoin can be divided into—has exploded in popularity.
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Bugatti and Asprey Unveil The Most Expensive NFT Inscribed on the Bitcoin Blockchain

The Bugatti family was known for producing luxury goods long before they entered the automobile industry. Rembrandt Bugatti gained fame as a talented sculptor in the late 1800s and early 1900s, while Carlo Bugatti specialized in designing and manufacturing Art Nouveau furniture during the same era. This statement has stayed with the family for generations and served as the impetus for the collaboration between Bugatti and Asprey.
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World Metaverse Council is strategic partner for Riyadh event

The
World Metaverse Council is a strategic partner for the upcoming Metaverse Discovery event in Riyadh, a groundbreaking gathering that will take participants on an immersive journey into the Metaverse. To be hosted at the Crowne Plaza RDC Hotel on June 8, the event will also celebrate the innovative contributions of organisations across the globe to the development of the Metaverse.
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France hints at rapid development in metaverse sector

France
has thrown its hat in the ring for metaverse development following the launch of a public consultation to guide its future activities in the sector. The country’s Directorate General for Enterprise announced the start of the metaverse consultation on April 11, which it says will give companies, associations, research fellows, and ordinary citizens a chance to play a role.
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Marvel Studios Founder Announced The Release Of NFT Collection

According
to CoinDesk, Mythos Studios, an intellectual property (IP) entertainment firm formed by David Maisel, the founding chairman of Marvel Studios, has announced the release of the Ekos Genesis Art Collection, which is currently available in a virtual gallery at ekos.io. The auction will run 88 minutes and celebrates the 15th anniversary of the theatrical premiere of “Iron Man,” the first picture in the Marvel Cinematic Universe, for producer Louis D’Esposito.
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BitNile Metaverse Obtains $5.5M in Secured Debt Financing

BitNile
Metaverse, Inc. (Nasdaq: BNMV) (“BitNile” or the “Company”) announced today that it sold $6.875 million of principal face amount senior secured convertible notes with an original issue discount (the “Notes”) to sophisticated investors, for gross proceeds to the Company of $5.5 million (the “Financing”).
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Alchemy Ventures Backs $4M Round for NFT Platform Vibe

Vibe
, a new non-fungible token (NFT)-to-product platform that provides tools to help creatives customize and manage the tokens, has raised a $4 million seed round. San Francisco-based Vibe aims to increase the value of NFTs beyond their scarcity and implement or increase the utility of the token.
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Elon Musk Tweets Miladys NFT Meme—Price Predictably Pumps

Milady
Maker NFTs have pumped in price today following a tweet from Twitter owner and CEO Elon Musk, who shared a meme showing one of the anime-style Ethereum NFT profile pictures (PFPs). The image reads "There is no meme. I love you." It has already been viewed more than 4 million times in less than an hour, and yielded tens of thousands of interactions.
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Assassin’s Creed NFT Smart Collectibles Hit the Market

Ubisoft
— the powerhouse publisher behind hit game franchises Just Dance and Far Cry — is making considerable moves in the Web3 world. This time, joining hands with Reality Labs to mint limited-edition NFT ‘Assassin’s Creed Smart Collectibles’ on the Polygon network, with the public sale starting on May 16.
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Immutable and MetaStudio Announce Partnership to Enhance the Gaming Metaverse

MetaStudio, a renowned Portuguese game studio, has announced a new partnership with Immutable, a leading Ethereum Layer 2 scaling solution provider, aimed at transforming the gaming metaverse. MetaStudio has been recognized for its innovative games and games-as-a-service offerings, along with their unique non-fungible token (NFT), Rune Realms, which offers holders a chance to partake in a 10% revenue share in the studio’s earnings.
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Crypto Critic Now Finds Himself Supporting NFTs Minted On Bitcoin

Peter
Schiff, a well-known economist and investor, now supports blockchain technology and non-fungible tokens (NFTs). Considering his previous stance on digital assets, mainly Bitcoin, Schiff unexpectedly turned to Twitter on May 27 to express his enthusiasm for a planned art endeavor.
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Alchemy Pay teams up with Mastercard for ‘NFT Checkout’

Alchemy
Pay has partnered with Mastercard to bring “NFT Checkout” – a direct payment method for digital artwork. The company intends the integration to improve accessibility to the NFT market, revolutionizing how users interact with digital artwork.
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Metaverse Beauty Week is around the corner

Online
virtual worlds such as Decentraland, Spatial and Roblox are coming together to host Metaverse Beauty Week next week. Taking place from June 12 to June 17, this inaugural event promises to be a celebration of beauty and creativity in the metaverse.
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Decentraland And Polygon Join Hands To Host An NFT Music Festival In The Metaverse

Decentraland
, the popular 3D virtual world on-chain browser-based platform, has partnered with Polygon Labs, the team behind an Ethereum scaling solution network, to host their annual non-fungible token music festival in the metaverse. In a June 16 site publication, Polygon Labs, a digital asset incubation studio, confirmed ready plans to host its annual music festival this Saturday.
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Drest raises more funding to develop metaverse-enabled version 2.0

Drest
’s youthful core users want to be entertained and challenged while also getting their fashion fix. So the company is preparing to roll out globally a “highly improved, metaverse-enabled version of its current product, which will include a series of new features, with the aim to become the leading creative platform for fashion, entertainment and lifestyle gamification,” we’re told.
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Bitcoin Ordinals keep Ethereum NFTs on their heels with BRC-69

Bitcoin
Ordinals, which represent the NFTs created on the Bitcoin [BTC] network, seems to be closing in on their Ethereum [ETH] counterparts in terms of dominance. By looking at CryptoSlam’s data, Bitcoin NFT sales have grown by 8301% in the last 24 hours.
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zkSync Launched New NFT Project, Airdrop To 10,000 Early NFT Users

zkSync
, a prominent layer-2 scaling solution for Ethereum, has made a significant announcement. The platform has officially launched LIBERTAS OMNIBUS, an experimental NFT project that seeks to explore novel NFT standards and network superpowers and introduce new protocol features.
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