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Bricks (BRICK), the native token of Reddit's Fortnite community, surged by 100% over the past 24-hours following a two-month downswing that saw it lose more than 80% of its value. Source
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The metaverse is a concept for a digital world where the internet theoretically becomes an immersive virtual environment that can be used for work, play, socializing, and events. While it remains in its very early stages of advancement, Epic Games' announcement suggest that major video game developers have been making
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The layoffs at Epic Games are the latest in a slew of job cuts that have plagued the tech industry. Fortnite creator Epic Games is cutting its staff by 16%. This is according to a notice from CEO Tim Sweeney to employees on Thursday. The company is also selling its music
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In this week’s newsletter, read about how a project provided a new way to mint nonfungible tokens (NFTs) on Ethereum. Check out Nike’s new collaboration with the popular online game Fortnite, and how rapper Snoop Dogg plans to use NFTs to bring fans with him on tour. In other news,
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Nike allowed holders to reveal their NFTs on June 15, hinting at future rarity traits and utility. According to .SWOOSH, some Nike digital collectibles are linked to unique benefits like access to physical product drops, live experiences, video game use and more. Source
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Footwear and apparel giant Nike has hinted that it may soon drop a collection of sneaker nonfungible tokens in Epic Games’ widely popular online game Fortnite. The move would mark a potentially huge opportunity for Web3 adoption by traditional gamers, given that Fortnite has had more than 242.9 million active
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The ruling, though it was a huge win for Apple, had minimal effects on AAPL shares. After more than two years of litigation, the United States Ninth Circuit Court of Appeals affirmed a lower-court judge’s 2021 decision that largely rejected claims by Epic Games – the maker of Fortnite – that
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The metaverse is a digital world created by the combination of virtual reality, augmented reality and the internet. While the technology is in its infancy, many believe it will profoundly change the worlds of gaming, social media and ecommerce. Last week, JPMorgan said in a research report that the metaverse-related
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Blankos Block Party is a free-to-play multiplayer party game centered around unique collectible digital vinyl toys called Blankos, non-fungible tokens that can be bought, upgraded and sold within the game. The game was co-developed by Mythical Games and Third Kind Games. Source
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Australian indie game developer Grease Monkey Games, a subsidiary of Animoca Brands, has received received financial support from video-game giant Epic Games to develop a new blockchain-based motorsport game Torque Drift 2Receiving an Epic MegaGrant from the Fortnite developers, the funding will be used to develop the motorsport title, which
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