Walmart Dives into the Metaverse: Nifty Newsletter, September 21-27

In this week’s newsletter, read how UNICEF is helping to connect schools to the Internet and how post offices can revitalize the felt sector through NFTs. Check out the NFT Game Project where many aspects of the game can be customized and sold as NFT bundles. In other news, Yat Siu, founder of Animoka Brands, spoke to Cointelegraph and shared his views on NFTs in Asia. And, don’t forget this week’s Nifty news featuring Walmart’s entry into the Metaverse.

UNICEF Giga NFTs to connect schools in developing countries to the Internet.

Humanitarian aid organization UNICEF is using NFTs as a fundraising tool to support its mission to provide internet access to schools in developing regions around the world. With the Giga initiative, it plans to help 1.1 million schools in 49 countries.

In an interview with Cointelegraph at the Blockchain Expo in Amsterdam, Giga blockchain product manager Gerben Kijene said that the NFT fundraising initiative attracted both UNICEF supporters who bought NFTs for the first time and NFT collectors, who wanted to acquire NFTs through UNICEF. .

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Acceptance of NFTs by post offices leads to Palestinian renaissance.

European post offices have used the popularity of NFTs to jumpstart the migration sector focused on the study of postage stamps. PostAG head of philately Patricia Lieberman and PostNL product manager Sacha van Hoorn are leading the charge.

Speaking to Cointelegraph at the Blockchain Expo in Amsterdam, Lieberman said they have combined NFTs with physical stamps and received overwhelming feedback. According to Lieberman, they started exploring NFT postage stamps in 2019 and decided there was a market interested in this new collection method.

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NFTs bring in-game ownership to a new level, says Blockaus founder

Gaming is a very popular use case for NFTs. There have been many NFT gaming projects flooding the web3 space. Despite this, one project wants to surpass the competition by customizing each of the game’s NFTs.

In an interview with Cointelegraph, Blockhouse Inc. founder Mark Soares explained how his project aims to reach players. According to the executive, they allow the creation of their own characters in their own scenes, and these can be sold to other players as NFT packs.

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Yat Siu: The opportunity for Asia’s GameFi is huge because gamers don’t hate NFTs.

Speaking with Cointelegraph at Asia Crypto Week, Yat Siu, founder of Animoka Brands, argued that the Asian region offers many opportunities for GameFi projects. The executive highlighted that Asia is very receptive to NFTs compared to other regions and has the potential to lead the blockchain playing field.

Siu noted that Western game companies face customer resistance when it comes to NFTs. However, in Asia, the executive noted that this did not happen and the differences in Asians’ view of capitalism.

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Nifty News: Walmart hacked into Metaverse, @NFT founder and more.

Retail giant Walmart has dived into the Metaverse by launching Walmart Land and Walmart Universe of Planes on Roblox, an online game. Meanwhile, the owner of the banned handle @NFT claimed to have lost $1 million in Ether (ETH) and NFTs after the exploit.

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Thanks for reading this recap of the week’s most notable developments in the NFT space. Come back next Wednesday for more reports and insights into this actively growing space.