🤯 Symbiogensis, an NFT game still being made by Square Enix, is facing more gamer criticism. Fears of NFTs in gaming as a gimmick follow concerns that in-game NFTs could create potential negative effects in in-game economies.
🐕🦺 Sotheby’s, the famous auction house, announced the sale of a meme-inspired NFT artwork titled “The Fungible” by Pak. The sale is scheduled for April 12th, and the artwork is expected to fetch between $10 million and $15 million.
😮💨 Megalopolis, an upcoming Web3 game from Aptos ($APT) is generating some nice FOMO for token hodlers. The APT token has been up as much as +21% over the past week.
😒 According to a regulator in China, there were over 59,000 complaints related to NFTs in 2022. These complaints involved issues such as fraudulent transactions, unregulated marketplaces, and misleading marketing tactics. The regulator has urged consumers to be cautious when investing in NFTs and to only purchase from legitimate platforms.
👽 Microsoft-backed Space and Time partners with South Korean gaming firm Wemade. The partnership will focus on the development of blockchain-based games that will leverage WeMade’s expertise in game development and Space and Time’s blockchain technology. The companies plan to launch their first game in the second half of 2023.
✂️ Is the Metaverse still on? The company has also reportedly paused its plans for an NFT marketplace and is shifting its focus to building the metaverse and advancing its artificial intelligence (AI) capabilities.