Fidelity Sets Sight on NFTs and the Metaverse
In a bold move hinting at the future of digital assets, investment giant Fidelity recently filed three trademark applications with the United States Patent Trademark Office. This proactive strategy covers a range of services including NFTs, NFT marketplaces, and metaverse investment solutions. Imagine diversifying your retirement fund with virtual assets—it’s the stuff of dreams, or perhaps just the future of retirement planning. Fidelity’s foray into the metaverse suggests that they could provide everything from mutual funds to virtual real estate upgrades. Good luck getting Grandma on board!
Italy’s NFT Market: The Next Crypto Renaissance
If you thought Italy was all about pizza and pasta, think again! A recent report by Research and Markets forecasts a whopping 47.6% growth in the Italian NFT market by the end of 2022, targeting a total valuation of $671 million. With an encouraging annual growth rate of 34.6% projected for the next five years, Italy is eyeing a staggering $3.6 billion in NFT spending by 2028. We might soon swap out Davinci for a digital Da Vinci on our walls!
Beware: North Korean Phishing Scams Target NFT Holders
In a mind-bogglingly brazen operation, North Korean hackers are setting their sights on NFT enthusiasts with a staggering 500 phishing domains. As pointed out by blockchain security firm SlowMist, these attackers are impersonating well-known NFT marketplaces such as OpenSea and Rarible. If you’re thinking about clicking that link claiming you’ve won an NFT lottery, you might want to think twice—you’re just one click away from a very bad day.
Nifty News: Square Enix Steps Into NFT Gaming
In a clear sign that gaming companies are getting serious about NFTs, Japanese gaming powerhouse Square Enix has invested a jaw-dropping $53 million into mobile and blockchain games. They’re teaming up with developer Gumi to knock the ball out of the park with a new game-NFT marketplace. This new initiative paints a bright future for blockchain gaming and might just redefine how we view traditional gaming models—goodbye cartridges, hello crypto!
Stay Tuned: Catch Up with the NFT Steez Podcast
Before you dash off to participate in the next digital revolution, check out the latest episode of the NFT Steez podcast. It’s packed with conversations on the ever-expanding role of NFTs in gaming and art. Whether you are a believer or a skeptic, one thing is clear: NFTs are here to stay, and they are evolving faster than your grandma’s knitting project.
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