03/06/2022 — LATEST NFT NEWS — Issue #1

Pixelmon Wanted to Be the Pokemon of NFT Games. Now It’s a Laughing Stock www.cnet.com
Pixelmon developers raised $70 million to create an open-world RPG where Pixelmon could be caught as NFTs. When they finally saw the art, investors balked.

NFT Mania Show Signs of Cooling as Average Price, Sales Decline www.bloomberg.com
While anecdotal evidence that the NFT market is beginning to cool abounds, there are no bigger red flags that what’s going on with sales and prices.

Mandela’s Robben Island artworks will be sold next week — as an NFT set for R54,000www.businessinsider.co.za
A series of artworks by Nelson Mandela will be sold by Bonhams in London as non-fungible tokens.

NFT Lovers Turn Out in Droves for Beeple’s First Gallery Show www.artnews.com
Beeple is having his first gallery show, at New York’s Jack Hanley Gallery, and large crowds have already come for it.

Ukraine plans to issue NFT collection to fund armed forceswww.ft.com

Kyiv moves further in embracing digital assets to raise money for the war..

Here Are All of the Major NFT Projects Being Turned Into Movies decrypt.co
From World of Women to Aku — and maybe CryptoPunks and Bored Apes too — these popular NFTs are targeting Hollywood.

Opensea phishing scandal reveals a security need across the NFT landscapecointelegraph.com
OpenSea’s latest vulnerability poses a larger and more deeper question relating to the global NFT ecosystem’s existing security infrastructure.

NFT Startup Rarify Raises $100 Million Series A — While Contending With Key Employees Stuck In Ukrainewww.forbes.com
Rarify’s software to simplify NFTs for big corporations has promise. Right now, though, more than a quarter of its staff is living through a war.

Tired of real-world property investments? New Hong Kong NFT project sells shares of virtual land in the metaversewww.scmp.com
The Metaworld Development project’s virtual land portfolio will be acquired from popular metaverse platforms The Sandbox and Decentraland.

A new report calls Web3 a ‘potential threat to democracy’ and says that memes are a sinister problem for crypto and NFT investorsfortune.com
Meme trading could be undermining “financial conversation and market information integrity,” according to the report’s authors.

Someone Got Dolly Parton Involved with NFTs and I’m So Tiredwww.esquire.com
Parton is the most recent in a line of musicians wading into NFTs. The question is — who exactly is this for?

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