Our weekly updates are put together by folks deep in the crypto scene, giving you a clear picture of what's happening without overwhelming you.
To Watch This Week
AIRDROPS + ALPHAFeb 9, 2024
Gaming
‘Mystery Society’ Puts an NFT Twist on Casual Party Games Like ‘Among Us’
Social deduction game Among Us is a certified smash, with millions upon millions of people embracing the online party game as a way to stay connected and entertained with remote pals. Can an NFT game recreate that kind of success? It’s what upstart game studio Great Big Beautiful Tomorrow aims to find out with Friday’s beta launch of The Mystery Society, a casual-friendly web game that similarly tasks players with trying to unmask a killer in their midst. While the general approach of Among Us r...
Feb 7, 2024
NFTs
Mastercard's UEFA Champions League Game Lets Cardholders Win Tickets via NFT Pass
Mastercard has launched a new NFT-powered soccer trivia game for the 2023/2024 UEFA Champions League tournament, offering fans the chance to win match tickets by testing their league knowledge, according to a press release. The competition will kick off 30 minutes before Tuesday night UEFA Champions League matches, starting February 13. Mastercard customers can participate by collecting branded NFT passes through the firm’s new "Pass to Priceless" platform. Mastercard’s NFT passes are minted on...
Jan 16, 2024
Gaming
'Anichess' NFT Game Launches With Backing From World Chess Champ Magnus Carlsen
Anichess is now in the first stage of its release according to an announcement from Animoca Brands, which is working with Chess.com and five-time World Chess Champion Magnus Carlsen on the free-to-play browser game’s launch. The initial version of the game available now offers a single-player experience, while an online player-vs-player (PVP) mode will be added sometime during Q1 2024. “Anichess revolutionizes the classic royal game by fusing traditional strategy and gameplay with the innovative...
Jan 13, 2024
Gaming
Nike Will 'Go Way Deeper' Into Video Game Fashion Amid NFT Push
Sports apparel giant Nike’s blockchain and digital wearables division, .Swoosh, said Friday that it will push further into the video game space in the coming year—but it’s unclear if its future gaming activations will necessarily involve NFTs. “A virtual product’s value should be based on the enjoyment it gives you when using it to express yourself or unlocking access to a physical product. It’s more about the joy of collecting—of being a true fan—not just a transaction,” Nike’s .Swoosh wrote in...
Jan 12, 2024
Gaming
Taki Brings Play-to-Earn Mobile Games to Polygon After Merger, Acquisitions
Taki began life with a crypto-powered social app built on Solana, but following a merger with a Web3 studio and acquisition of established mobile games, the rebranded Taki Games has revealed plans to launch play-to-earn experiences built on Polygon. Taki Games recently completed a merger with Unite, the blockchain studio behind the Kungfuverse NFT project, and has named former Unite CEO Weiwei Geng as its own CEO as it launches projects on Polygon, an Ethereum scaling network. Geng co-founded Ra...
Jan 11, 2024
Gaming
'Gas Hero' NFTs Top Charts—But the 'Stepn' Maker's Game Is Blocked in the US
Gas Hero is the latest crypto-powered game from Find Satoshi Lab, the studio behind the “move-to-earn” Stepn app on Solana. Gas Hero launched its public beta last week, and six different Gas Hero NFT collections are now claiming top spots on sales volume charts as traders buy up game characters, items, weapons, pets, and more in the form of NFTs on Ethereum scaling network Polygon. Gas Hero’s “common” heroes alone have seen over $19 million in total NFT volume traded and, of that, almost $2.7 m...
Dec 25, 2023
Long Reads
Decrypt's 2023 Story of the Year: The War on Crypto
After years of mostly unkind words for the crypto industry, 2023 was the year that U.S. regulators took out the sticks and stones. Following the collapse of criminally mismanaged crypto brand FTX in November 2022, Wall Street’s top regulator, the Securities and Exchange Commission, had the perfect reason to crack down on an industry full of “hucksters, fraudsters and scam artists”—to quote SEC chair Gary Gensler. But has the crackdown gone too far? Some U.S. lawmakers, including the crypto-frie...
Dec 13, 2023
NFTs
Trump Goes Phygital, Borrowing From Digital Fashion Playbook
For months it’s been the hottest trend in digital fashion, attracting the interest of industry titans like Louis Vuitton, Dior, Gucci, and Balmain. Now, “phygital” NFT collections have a new biggest fan: Donald J. Trump. On Tuesday, Trump announced his third NFT collection, which, like the last two, features a buffed up, thinned out version of the former president performing a variety of tasks, from traversing fields on horseback to entering space as a cyborg. Unlike the previous two trading...
Dec 12, 2023
NFTs
FIFA Will Mint Soccer NFTs on Polygon—But Isn't Ditching Algorand
FIFA is launching a new set of NFT collectibles across Algorand and Ethereum scaling network Polygon ahead of the FIFA Club World Cup Saudi Arabia 2023, according to an announcement this week. The global soccer organization stated it will be the first collectibles release under a new collaboration with crypto startup Modex, which will now oversee strategic management of FIFA's digital collectibles platform, FIFA+ Collect. The collectibles platform launched in 2022 with NFTs exclusively minted on...
Dec 12, 2023
NFTs
Donald Trump Is Selling More NFTs—And the Original Sets Are Crashing Again
It was around this time last year that former United States President Donald Trump released his first set of digital trading cards as NFTs, igniting both buzz and mockery—and generating millions of dollars in sales. After a second round last spring, he’s back again with the largest set of NFTs to date… but the market doesn’t appear to be responding favorably. Launched Tuesday, the Trump Digital Trading Cards: MugShot Edition collection includes 100,000 total NFT collectibles minted on Polygon, a...
Dec 8, 2023
Gaming
Amazon Prime Is Giving Out Free Items for NFT Game ‘Champions Ascension’
Champions Ascension, a combat-oriented action role-playing affair, is the latest blockchain game to offer up free in-game items for Amazon Prime subscribers to claim. Beginning Friday, the Amazon Prime Gaming portal is offering subscribers a free claim for 100 in-game gold, as well as a monster parts loot box. The loot boxes can eventually yield enough parts for a player to craft a monster for the upcoming Maestro Towers mode. While Champions Ascension is built around NFTs—including characters t...
Nov 20, 2023
Law and Order
SEC Files Charges Against Crypto Exchange Kraken—Again
The United States Securities and Exchange Commission (SEC) announced Monday that it has filed charges against cryptocurrency exchange Kraken, just months after settling previous charges against the firm. In a press release, the SEC alleged that Kraken's parent companies were "operating Kraken’s crypto trading platform as an unregistered securities exchange, broker, dealer, and clearing agency." The agency filed similar charges against rival exchange Coinbase earlier this year. Pressingly, the SE...
Nov 20, 2023
Gaming
Ubisoft Is Bringing Rayman, 'Captain Laserhawk' NFT Avatars to The Sandbox
Assassin’s Creed maker Ubisoft is arguably the most active major video game publisher playing in the blockchain world today. Now, the firm is expanding its reach even further by launching another set of NFT avatars for the metaverse game, The Sandbox. Avatars based on Ubisoft’s new Netflix animated series, “Captain Laserhawk: A Blood Dragon Remix,” will be added to The Sandbox. And since the adults-oriented show itself mashes up characters and franchises from Ubisoft’s history, so too will the a...
Nov 15, 2023
NFTs
NHL Breakaway Hockey NFT Collectibles Platform Opens to the Public
The National Hockey League (NHL) has officially launched NHL Breakaway, an NFT collectibles platform created in collaboration with the National Hockey League Players' Association (NHLPA), National Hockey League Alumni Association (NHLAA), and crypto startup Sweet. "We’ve been committed to developing digital collectibles designed and customized for the NHL and wholly focused on connecting with hockey fans in the most authentic and engaging manner possible," said David Lehanski, NHL Executive Vice...
Nov 8, 2023
Markets
SUI Gains 12% While Chainlink and Polygon Keep Alt Rally Rolling
Bitcoin has gained 1.3% over the past 24 hours, but the biggest winner is Sui (SUI), which is up nearly 12% since yesterday. Launched last year by ex-Meta engineers, SUI, was priced at the time of writing at $0.57. It has also risen over 31% in the past week, according to CoinGecko. It's rally is down to its integration with Space and Time, a Microsoft-backed data platform working to process data for businesses. Sui Foundation Announces Ecosystem Fund Worth Over $50M Last month, the Sui Foundati...
Nov 1, 2023
NFTs
ATP Tennis Tour Offers Customizable 2023 Finals Posters via NFT Drop
The Association of Tennis Professionals (ATP) is partnering with digital art platform Artchild to launch fan-customizable digital and physical tennis posters at the 2023 Nitto ATP Finals in Turin, Italy later this month. The core poster will be designed by Los Angeles-based artist Honor Titus for the season-ending tournament from November 12-19. Titus, known internationally for tennis-themed paintings, said in a release that tennis is "so very rich with history and elegant nuance that it makes f...
Oct 25, 2023
Technology
Polygon Deploys New POL Token Contracts on Ethereum
New Polygon, new token. As the multi-chain scaling solution continues to roll out its updated roadmap, Polygon today finally deployed the token contracts for its new POL token on Ethereum. A token contract is a type of smart contract that has the records and utilities powering a token, like its supply and who holds what balance. Polygon Outlines Launch of New POL Token in Latest Network Upgrade POL will replace the network's current MATIC token; the network will not support two tokens. MATIC hol...
Oct 19, 2023
DeFi
Polygon Paves Way for Governance 2.0 with Introduction of Protocol Council
A new Polygon Improvement Proposal (PIP-29) has been introduced that would establish a 13-person governance body to execute upgrades to system smart contracts for existing and future Polygon protocols. The proposed members of the inaugural Protocol Council include Polygon co-founder Jordi Baylina, Viktor Bunin, protocol specialist at Coinbase, the Ethereum Foundation researcher Justin Drake, ️and Cometh CEO Jerome de Tychey, among others. Polygon is an interoperability and scalability solution f...
Oct 4, 2023
Business
Is Polygon in Trouble? Another Executive Departs Amid Crypto Market Downturn
Polygon co-founder Jaynti Kanani revealed on Tuesday that he’s been absent from daily work on the project for the past six months, having moved on to “new adventures” after helping launch it in 2017. “I decided to step back from the day-to-day grind,” Kanani tweeted on Wednesday. The developer said he remains confident in Polygon’s future, and is “bullish on Polygon 2.0.” That makes Kanani the second of 10 Polygon co-founders (and the third executive) to announce their departure this year. And i...
Oct 4, 2023
NFTs
Starbucks Is Selling Pumpkin Spice Latte NFTs—No, Really
Pumpkin Spice Latte season is in full swing, and to mark the 20th anniversary of Starbucks’ fan-favorite beverage, the coffee giant is offering a new way to savor it: NFT collectibles. On Thursday, Starbucks will release a series of Pumpkin Spice Latte digital stamps via Starbucks Odyssey, the company’s Web3 rewards and loyalty platform. The NFTs will be sold in four varieties to represent the qualities of the physical drinks: Spiced, Whipped, Iced, and Steamed. Each NFT will be sold via an open...