NFT News Roundup: Meta’s New Game, Bitcoin Ordinals Proposal, and More

Estimated read time 3 min read

Meta’s Horizon Worlds Takes on Mobile and Web

Grab your phones and prepare to dive into the metaverse: Meta has finally hurled its Horizon Worlds into the mobile and web realms. The early access launch means you can shoot your friends in a virtual free-for-all called Super Rumble. Gather up to six pals, and let the chaos commence in this fast-paced adventure. But hang on, only a select few can access it now, because Meta believes good things come to those who wait. They’re rolling this out like a slow cooker—eventually, everyone will get their shot!

Reimagining the Bitcoin Ordinals Numbering System

Casey Rodarmor, the genius behind Bitcoin Ordinals, has proposed that it’s time for a facelift in the inscription numbering system. Why? Because the current method is leading to “ugly code” that’s akin to putting on an old pair of shoes no one wants to wear anymore. By making inscriptions more dynamic and less rigid, they’re looking to simplify the process. Sure, we might end up with some funky numbers, but hey—who doesn’t love a little unpredictability in the blockchain world?

Magic Eden’s Leap into Compressed NFTs

The NFT marketplace, Magic Eden, is shaking things up by integrating Solana’s compressed NFTs (cNFTs) into their platform. Perfect for those looking to dabble without breaking the bank, cNFTs allow for minting a whopping one million NFTs for just about $110. This opens up avenues for industries like music and gaming to produce more without worrying about the costs. More variety for the people, I say!

Nolan Bushnell on Play-to-Earn Gaming

Atari founder Nolan Bushnell has some thoughts about the clash of worlds between traditional gaming and the crypto sphere. He recently claimed that play-to-earn (P2E) models are what make “real” gamers cringe. He argues that P2E focuses too much on grinding rather than creating immersive worlds filled with virtual reality. Let’s be honest, nobody wants to feel like they’re stuck in a video game version of a cubicle!

SEC Charges Stoner Cats: Securities or Crowdfunding?

In a surprising twist, the SEC has thrown some legal shade at the NFT collection Stoner Cats, alleging they offered unregistered securities disguised as digital collectibles. However, not all SEC members are on the same page. Commissioners Hester Pierce and Mark Uyeda argue that the project leans more towards fan crowdfunding—an innocent hobby among creators rather than a financial scheme. Isn’t it wild how everyone sees the same situation through completely different lenses?

Keep your eyes peeled for more NFT news, coming your way next Wednesday!

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