Internet & Social Media Law Blog
This metaverse-meets-NFTs themed edition of News of Note includes travel, food and shoes, a big box retailer entering the NFT arena, and the purchase of (a film adaptation of) a sci-fi classic.
- Does the metaverse heighten the utility of non-fungible tokens? (Anirudh Tiwaru, Cointelegraph)
- Cryptocurrency collective purchases Jodoworsky’s Dune adaptation—sans the original Dune copyright. (Adi Robertson, The Verge)
- As the blockchain meets NFTs, what does ownership mean in the metaverse? (Robert Napoli, Forbes)
- Nike opens a virtual shoe company in the metaverse. (Richard Lawler, The Verge)
- The travel industry tests the metaverse’s waters with travel-specific NFTs. (Geoff Whitmore, Forbes)
- Walmart is developing its own brand of cryptocurrency and NFTs for the metaverse. (Lauren Thomas, CNBC)
- Freedom Games says “con artists” are using their game Outerverse for an NFT scam. (Andy Chalk, PC Gamer)
- Animoca Brands, a metaverse gaming company, has raised nearly $260 million in a funding round. (Elizabeth Howcroft, Reuters)
- Chain restaurants and local chefs experiment with NFTs and the metaverse to market their brands. (Jenn Harris, L.A. Times)