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BAYC founders call Nazi conspiracy video ‘crazy disinformation campaign’

The founders of the Bored Ape Yach Club (BAYC) responded to the recent controversy surrounding a documentary accusing them of promoting Nazi imagery. The co-founder of Yuga Labs, Wylie Aronow, known as Gordon Goner, said that the company has become the target of a “crazy disinformation campaign” that was spreading “ridiculous conspiracy theories.”

The video was based on a website created by Ryder Ripps, a conceptual artist, where he accused the project of embedding racism and Nazi dog whistles throughout the BAYC collection. Ripps is known for minting and selling knockoff NFTs as a form of satirical art and has used the website to promote RR/BAYC, a copy of BAYC. His copycat NFTs even briefly surpassed BAYC as the most popular collection on OpenSea. Rusnack claimed that BAYC was a “massive alt-right inside joke” that originated on 4chan.

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China’s technology firms among pacesetters of metaverse

Imagine a world where you can move beyond the constraints of screens or the limits of physics by teleporting yourself as a hologram, or a 3D virtual figure, to be with your friends wherever they may be.You can hug them, and make real eye contact to show your love, just as you would do in real life.

Chinese tech heavyweights Huawei and Alibaba are among the first group of companies－along with Meta, which used to be known as Facebook, and Microsoft from the United States－to form a standards group that aims to accelerate the development of the metaverse.The move signified that companies are racing to build the concept of a metaverse and want to make their nascent digital worlds compatible with each other, said Yu Jianing.

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Binance Partners With Soccer Legend Cristiano Ronaldo to Launch Exclusive NFT Collections

The world’s largest cryptocurrency exchange, Binance, has signed an exclusive multi-year NFT partnership with soccer legend Cristiano Ronaldo, according to an official announcement from the company. Christiano Ronaldo is one of the greatest players in soccer history, with five Ballon d’Ors and more than 800 career goals under his belt.

Binance intends to use the deal to onboard Ronaldo’s fans into the Web3 and NFT world.The deal will see the Manchester United star and the exchange work together to create different NTF collections, which will be listed exclusively on the Binance NFT marketplace. Ronaldo commented on the partnership, noting that his relationship with his fans is “very important,” and he is happy to give them “unprecedented experiences” through the Binance NFT platform.

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Meet the Snoop Dogg impersonator who walked around NFT.NYC

A man impersonating the hip-hop icon Snopp Dogg went around NFT.NYC to fire things up at the nonfungible token (NFT) event. While the intention was to bring fun to the event, there were some mixed reactions from the online community.

In a tweet, Kevin Collier shared his encounter with the fake Snoop Dogg at the NFT event at Times Square. According to Collier, the guy who dressed up as the well-known rapper was not really Snoop Dogg, but rather an impersonator that was hired to "drum up excitement." Collier added that the experience “feels like a metaphor,” hinting at the copyright issues surrounding NFTs. While Doop Snogg was there to bring up the excitement in the event, not everyone was happy about it.

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ParaSwap Launches Peer-to-Peer NFT Trading App

Decentralized exchange (DEX) aggregator ParaSwap announced Monday it’s releasing a peer-to-peer non-fungible token (NFT) trading app, the first of its kind on Apple’s App Store. Using ParaSwap’s DEX engine on the backend, both parties would be able to transact in their preferred token.

The app also touts its own native wallet, tapping Ramp as a fiat on-ramp. The app will have zero trading fees for the first three weeks (or until $500,000 is spent) as a promotion, with gas fees on the platform for non-Ethereum transactions being permanently refunded. Popular NFT marketplaces have largely avoided taking their business to the App Store, mainly because Apple (AAPL) takes a 30% cut of all in-app purchases, including the sales of digital goods.

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Snoop Dogg files for new NFT and Metaverse trademark applications

American rapper Snoop Dogg continues to expand his inroads into the non-fungible tokens (NFTs) and metaverse spaces after applying for new trademarks for various products. Snoop Dogg whose real name is Calvin Broadus made the application for UNCLE SNOOP and UNCLE SNOOP’S with the United States Patent and Trademark Office (USPTO) on June 14.

The application was revealed by licensed trademark attorney Michael Kondoudis in a tweet on June 20 and highlighted that the application will cover aspects such as clothing, headwear, footwear, virtual cannabis and smoking goods, marketplaces for NFTs, and digital collectables. Notably, if the application is approved, the musician will also be able to offer smoking articles, pre-rolled hemp cigarettes, energy drinks NFT tokens linking to digital or physical products.

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Meta Publishes New Videos Which Highlight the Possibilities of its Metaverse Vision

It is investing billions of dollars into its next level projects, and it would have had to explain that expenditure to the market at some stage. But with everything that we’re seeing, and hearing in the space, it seems like Meta may have jumped the gun, with the actual metaverse, as envisioned, still a long way off being a reality, in any functional sense.

Which now puts Meta in a difficult spot - do you release half-formed metaverse concepts, with a proviso attached to each explaining that there’s more to come, or do you keep as much as you can in-house, till it’s really ready to blow people away?Ideally, you would go with the latter - but again, when you tell investors that you’re pumping $10 billion into any project, they’re gonna’ want to see results, and sooner, rather than later.

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Crypto.com Parts Ways With NFT Head Following Layoffs

Joe Conyers III helped the exchange get its first NFT (non-fungible token) platform off the ground when he joined Crypto.com in March 2021. Conyers, based in New York, left the Singapore-headquartered company last week amid a restructuring of the unit, sources said.

The platform — which competes with incumbent giant OpenSea and rival Coinbase’s upstart offering — lets digital collectible aficionados both mint and trade NFTs. Crypto.com makes money by taking a slice of transaction proceeds. The emphasis on the new division comes as Crypto.com and other exchanges increasingly look to diversify revenue streams away from their historial bread and butter of taking a portion of the spreads between buyers and sellers as a market maker.

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8V.com, the World’s First Metaverse Crypto Exchange

8V.com, the predominantly Southern Asian-focused metaverse crypto exchange, went from nil to 150,000 users in 3 months. The platform processes thousands of transactions every hour, helping users make quick investments with high levels of efficiency and security.

8V.com has successfully launched its application on Google Play and optimized OTC services to cater to the needs of the majority of users. The platform has reached agreements with well-known OTC service providers Onramper and OTC365, working together to provide traders with flexible, secure, and high-quality transaction experiences. To show gratitude to its users, 8V.com is running a one-month free airdrops event in June, with a total of 10,000 USDT prize pool.

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