TAG Heuer has an NFT smartwatch: Nifty Newsletter, 15-21.  June

TAG Heuer has an NFT smartwatch: Nifty Newsletter, 15-21. June – Mail Bonus

This week’s newsletter highlights Yahoo’s plans to engage in inflexible symbols (NFTs) and meta-based projects. Also, watchmaker TAG Heuer is dipping its toes into NFT devices and China’s digital collection platforms have increased despite warnings from the government.

On a positive note, CryptoPunk donated to Aid For Ukraine sold for more than $ 100,000. And do not forget this week’s Nifty News summary showing the new brand leadership for CryptoPunks and phishing attacks on Solana-based projects.

Yahoo is launching a metaverse event for Hong Kong residents under restrictions

The online media company Yahoo recently announced its plans to participate in a series of NFT and metaverse projects in Hong Kong. This includes hosting virtual events and concerts in meta-venues within Asia.

According to Lorraine Cheung, CEO of Yahoo Hong Kong, activities at Metaverse are seen by Hong Kong residents as a good alternative to social interaction, as pandemic restrictions are still very strictly enforced and people have to pass a negative COVID-19 test. before entering bars or restaurants.

Yahoo will also work with local artists to launch an NFT exhibition entitled The Abyss of Kwun Tong.

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Swiss luxury watchmaker TAG Heuer launches NFT-enabled smartwatch

TAG Heuer, a luxury watchmaker, has partnered with key members of the NFT community to create a smartwatch that can display NFT. The watch will allow users to connect to cryptocurrencies such as MetaMask and Ledger Live to choose which NFT to display on the smartwatch screen.

Watch owners will also be able to resize the images accordingly to fit the screen and connect to the blockchain to verify NFT ownership and display a hexagonal version of a work of art. The company also said that in addition to supporting images, it will also support GIF and infinite loop animations.

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NFT platforms in China expand 5x in four months despite government warnings

Despite warnings from the Chinese government about the risk of investing in NFTs, the number of platforms focusing on digital collectibles increased to more than 500, five times more than in February. Local Chinese reports attribute the growth to growing hype around NFTs within the country. Technicians such as Tencent and Alibaba have also shown interest in the NFT space and have recently filed their own trademark patents.

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Connected: The United Arab Emirates issues the most expensive modern stamps in the world

Ukraine sells CryptoPunk NFT donation for 90 ETH, worth over $ 100,000

CryptoPunk # 5364, an NFT donated to support the Aid For Ukraine campaign, was sold for 90 Ether (ETH), valued at $ 102,640 at the time of the sale. Alex Bornyakov, Deputy Minister of Digital Transformation of Ukraine, announced the sale of CryptoPunks on Monday. The price of the NFT rose from its initial value of 16.19 ETH, or $ 31,722, which is what it was worth when the donor acquired it.

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Nifty News: Christie’s NFT Expert Will Lead CryptoPunks, Fake Heirs Introduces NFT Collection

NFT expert Noah Davis has announced that he is retiring from the British auction house Christie’s. In a tweet, Davis announced that he will be joining Yuga Labs to become a leading brand for the CryptoPunks project. At the same time, the Solana-based NFT project Duppies was a target of web fishing. Users reported a loss online, with one user claiming to have lost 650 SOLs, worth $ 18,850 at the time of the attack.

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

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