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Gutter Cat Gang has partnered with Puma and NBA player LaMelo Ball to launch the “GutterMelo MB.03” NFT sneaker collection, set to hit the market on June 29. Every buyer will also receive a physical counterpart, increasing mainstream awareness of web3 technology and digital collectibles, while raising questions about accessibility and exclusivity in digital fashion.

The German Intelligence Agency (BND) has released a collection of 999 dog-themed NFTs, “Dogs of BND,” to attract young tech-savvy individuals with an affinity for blockchain technology. Acquired by completing a cyber quest, this initiative aims to recruit future talent fluent in blockchain and mitigate cybercrime.

Yuga Labs announces HV-MTL Forge, a workshop-building game centered around Bored Ape Yacht Club’s robot NFTs, set to launch on June 29. Owners of Sewer Pass NFTs can access the Forge game, where they customize workshops to secure community votes. The game builds upon the success of Yuga Labs’ controversial Dookey Dash, which generated $110 million in NFT trades.

Lens Protocol introduces Lens Improvement Proposals (LIPs) for decentralized community-driven decision-making, aiming for flexibility, uniformity, and open standards. Current proposals focus on open governance model, third-party algorithms and machine learning integration, and metadata standardization.

Aave’s Lens Protocol, a decentralized social media solution, has raised $15 million to develop a blockchain-backed platform that gives users control over their profiles, connections, posts, and data. Promising innovative monetization models and profitable businesses sharing revenue equitably, Lens aims to create an interconnected web of decentralized apps accessible through a universal profile.

Lens Protocol, a decentralized social media platform by Aave, raised $15 million in funding to revolutionize internet value generation and ownership. The platform, utilizing Polygon blockchain, faces challenges of decentralization and NFT integration in social media, with support from prominent investors and Aave.

The rise of Web3 apps faces difficulty in reaching a wider audience due to restrictions imposed by tech giants like Apple. Decentralized app stores such as OpenSea and PancakeSwap offer new avenues for Web3 adoption, while continuous education about Web3 technology remains crucial for future success.

In a bet from five years ago, Ethereum co-founder Joe Lubin needed to prove that five or more Ethereum-based dapps would maintain significant user activity. Blockchain data firms claim five dapps met these usage levels, but there is debate over qualification. The evolving landscape of cryptocurrency applications will continue to shape the industry, driven by innovative thinking and adoption potential.

Anoma Foundation secures $25 million to develop its third-generation blockchain architecture offering increased composability and ease of use. Focusing on intent-centric design, Anoma aims to further decentralize existing blockchain-based applications and platforms, enhancing decentralized applications (DApps) and services, such as decentralized exchanges and rollup protocols.

In the era of Web3, non-fungible tokens (NFTs) have revolutionized digital content creation, ownership, and exchange. NFT royalties offer passive income from secondary sales, enabling a sustainable source of income for creators. Despite concerns regarding fees, they hold the potential to level the playing field in the digital creator landscape.

Binance introduces a non-fungible token (NFT) loan feature allowing borrowers to use NFTs as collateral to borrow cryptocurrency without selling assets. This service initially supports profile NFT collections like BAYC, Azuki, MAYC, and Doodles, and utilizes a Peer-to-Pool approach for a secure experience.

The Pudgy Penguins NFT project highlights the importance of strong community support and effective leadership in overcoming setbacks. After a turbulent start, entrepreneur Luca Netz acquired and rebuilt the brand, focusing on developing intellectual property and bridging the gap between real-life toys and digital NFTs to drive success.

Stepn integrates Apple Pay into its iOS app’s in-app marketplace, enabling users to purchase NFT sneakers using a novel in-app currency called Sparks. This move-to-earn game app rewards players with crypto tokens as they walk or run and aims to blend blockchain gaming with Apple’s extensive reach, potentially onboarding millions of users into the Web3 domain.

NFT marketplace Blur introduced Blend, a lending platform that has reached over 100,000 ETH ($181 million) in total volume in just 17 days. Blend allows users to take out Ethereum loans using NFTs as collateral, contributing to the emerging “NFTfi” niche and further boosting Blur’s prominence.

Gala Games introduces Mirandus, a medieval fantasy MMORPG combining serene elements, like farming and crafting, with high-risk adventures. Mirandus features extensive crypto elements, including NFTs for characters and in-game assets, requiring a sizable audience for an immersive, player-driven experience.

The United States Secret Service and REACT task force revealed during an AMA session that they own crypto and NFT collections, recognizing blockchain technology’s potential in combating financial crime. They commended the transparent nature of blockchains for tracking financial flows and acknowledged the difficulty of laundering money using blockchain compared to cash.

Lido upgraded to V2 on Ethereum, allowing users to unstake stETH and receive ETH at a 1:1 ratio. The upgrade also introduces Lido-issued NFTs representing withdrawal requests, though secondary market activities don’t affect the withdrawal process. Lido dominates nearly 80% of the liquid staking derivatives market on Ethereum.

The creator economy, facing challenges with centralized platforms like YouTube and TikTok, may benefit from the rise of Web3 technologies such as blockchain, cryptocurrency, and NFTs. By enabling direct audience connections, decentralized platforms, and innovative monetization methods, creators can regain control of their content and establish fairer income generation.

The Abstraction Era of blockchain will see users transact with fiat, while the conversion to tokens occurs behind the scenes. This era mirrors the cloud computing revolution, streamlining user experiences without requiring understanding of the underlying technology.

The Milady NFT collection saw a 60% price surge after recognition from Elon Musk, drawing parallels to Musk’s influence on dogecoin. However, the collection’s creator faces controversy, and short-lived spikes in token values following Musk’s tweets raise skepticism about the sustainability of Milady’s newfound popularity and valuation.