May 18, 2023 - PlaySharper

Pudgy Penguins Joins the Hollywood NFT Club and Signs with WME

The collaboration between NFT projects and Hollywood giants appears to be an emerging trend. The latest news comes from the Pudgy Penguins. They recently signed a management contract with the renowned talent agency William Morris Endeavor, also known as WME. The long-term vision of the Pudgy Penguins is to have their intellectual property utilized. This goes into different fields : movies, television shows, and video games.

This development is not surprising considering the rise of NFTs as a significant component of the culture and entertainment industry. More and more celebrities and entertainment companies are recognizing the potential of NFTs and joining the Web3 movement. They are Collaborating with one of the world’s largest talent agencies. The agency already represents notable NFT clients such as Dapper Labs or FEWOCiOUS. This is undoubtedly a significant step forward for the Pudgy Penguins.

However, the rise of NFTs also comes with its challenges. NFT collections that were once highly successful have experienced a decline in value in recent months, leading to some disappointment among investors and fans. In this regard, they have also faced impacts, but the team has diligently worked towards building a thriving Web3 community to sustain fan interest.

Signing the contract with WME could be a significant step forward for the Pudgy Penguins’ NFT collection. Collaborating with the talent agency could expand the project’s reach and attract new potential audiences. Furthermore, the Pudgy Penguins’ intellectual property has the potential for utilization in movies, television shows, and video games, thereby further increasing the visibility of the NFT collection.

Overall, the collaboration between NFT projects and Hollywood giants highlights the growing influence of NFTs in the entertainment industry. Signing the contract with WME could be an important step in reinvigorating their collection and sustaining fan interest.

Pudgy Penguins Partners with WME, Joins Hollywood's NFT Club

Renault keeps up with the times: Introducing Digital Twin NFTs and Customized Racing Shoes

Renault, the French car manufacturer, has introduced a second NFT collection consisting of a series of racing shoes. The collection will consist of a total of 960 NFTs, with each item connected to a limited edition physical sneaker. To enhance the offering further, the comapny will integrate an NFC chip into the tongue of each shoe, which activates a second NFT when scanned. This NFT serves as a “digital passport” and contains information about the shoe’s material composition and production history.

T the public sale of the new NFT collection will launch on May 17th on its website nft.renault.com. Members of the R3NLT-Web3 community who also own a Genesis NFT will have access to the sale starting from May 15th.

The NFT collection underscores Renault’s interest in Web3 innovations. In December 2020, Renault released its first Genesis NFT collection, paying homage to the Renault 5 model. The new NFT collection is part of Renault’s “Renaulution” project, which aims to make Renault a competitive and electrified brand.

Renault’s decision to use digital twin NFTs to accompany sneaker purchases could be a way to keep pace with ongoing developments in the Web3 space and expand customer interest. We are in a world where digital technologies are becoming increasingly important. Using NFTs could be another way for brands like Renault to strengthen their presence in the digital realm.

Hackers sell crypto accounts at Coinbase, Binance, and N26: What it means for the cryptocurrency market

In recent years, the cryptocurrency market has become a lucrative target for hackers. They continuously exploit security vulnerabilities, infiltrating crypto exchanges and other providers. A recent report by security provider Privacy Affairs has caused a stir. It revealed that cybercriminals are selling verified crypto accounts from renowned providers.

The report states that traders exchange these accounts at varying prices. With a verified N26 account fetching the highest price at around $2,650. Binance accounts range from $250 to $1,170, while a verified US Bittrex account is allegedly available for just $30. The prices reflect what buyers are willing to pay for access to financial data or social media login credentials.

However, the buyers are less interested in the money and cryptocurrencies in these accounts. Instead, they use them to circumvent Know Your Customer (KYC) measures on the affected crypto exchanges illegally. They impersonate legitimate account holders, gaining access to platforms they wouldn’t otherwise be able to use. This can potentially compromise the security of cryptocurrencies overall.

The trading of verified crypto accounts from reputable providers on the dark web is concerning. It demonstrates that even seemingly secure providers like Coinbase, Binance, and N26 are not immune to hacker attacks. Cybercriminals continually find new ways to access sensitive data.

Cybercriminals stole approximately $3.8 billion in 2022. This marks it as the “most successful” year for cybercriminals to date, according to the report. This highlights the persistent threat posed by hackers and cybercriminals in the cryptocurrency market. Both providers and users must remain vigilant to ensure their security.

We are yet to witness the response of the affected providers to the report and the measures they will undertake to enhance their security. However, it is evident that the cryptocurrency market continues to face a constant threat from cybercriminals, emphasizing the crucial importance for providers and users to strengthen their security measures.

El Salvador eliminates taxes on technological innovations

El Salvador, the country that recognized Bitcoin as its official currency in September of last year, has once again brought positive news for the technology industry. President Nayib Bukele has signed a law that eliminates taxation on technological innovations in the country.

The law waives all taxes on technological innovations, software and app programming, artificial intelligence, as well as the manufacturing of computer and communication hardware. The goal is to promote technological development in the country and attract innovative companies.

The country takes another step towards promoting technology and innovation with this measure. In January, El Salvador passed a law creating a legal framework for all digital assets, as the country appears to be preparing for the issuance of Bitcoin bonds.

By abolishing taxation on technological innovations, El Salvador could become more attractive to technology-based companies and a preferred location for such businesses. In contrast to other countries like the United States, where the government is considering a 30% tax on Bitcoin mining, El Salvador is taking a different approach and encouraging companies to invest in technology and innovation.

This measure is a step in the right direction to unleash the potential of technology and innovation in El Salvador. We should continue to keep an eye on the country as it becomes increasingly appealing to technology-based companies. The reaction of other countries to this move and whether they will adopt is still unclear.

Yuga Labs on Expansion Path: New Position for Head of Business Development in the Gaming Sector Advertised

Yuga Labs Expanding: New Position for Head of Business Development in the Gaming Sector Advertised

Yuga Labs is a company operating in the world of Web3 and blockchain gaming. It has made a name for itself in recent months. The company is seeking an experienced Head of Business Development specialized in gaming to further drive its growth.

The job description states that the new hire will be responsible for establishing long-term relationships. External game developers will expand Yuga Labs’ blockchain gaming efforts. This position is crucial for the company as it will significantly contribute to driving growth in the gaming sector.

Yuga Labs is prepared to offer an annual salary ranging from $250,000 to $300,000 for the position. This is well above the average for similar roles at major gaming companies like Electronic Arts. This reflects the importance and responsibility of the role for the company.

The appointment of Daniel Alegre, the former CEO of Activision Blizzard, as the new CEO of Yuga Labs earlier this year, and the recent hiring of gaming veteran Mike Seavers as the new CTO, suggest that another well-known gaming executive will soon occupy the position of Head of Business Development.

It appears that Yuga Labs is increasingly investing in the blockchain gaming sector and remains focused on growth. The job posting indicates that the company aims to expand its business activities and strengthen its presence in the gaming industry. Considering the rapid development of the blockchain and Web3 industries, it is crucial for companies like Yuga Labs to solidify their position in the market and prepare for future advancements.

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Daily Archives: May 18, 2023