Summary
Ready Player One, the popular virtual reality novel turned film, is set to enter the metaverse through the creation of Readyverse Studios. The studio, a collaboration between Futureverse, novelist Ernest Cline, and film producer Dan Farah, has struck a rights deal with Warner Bros. Discovery for the intellectual property behind Ready Player One. The new RP1-inspired metaverse is expected to launch sometime this year. Visa is also exploring the Web3 space with a customer loyalty program that allows brands to launch digital wallets for customers to earn points and experiences. OpenSea, the popular NFT marketplace, has fallen to become the fourth-most used platform in weekly trading volume, trailing behind Blur, OKX, and Magic Eden. Influencer Logan Paul is planning to refund people who invested in his never-launched NFT game, CryptoZoo, with $2.3 million. Paul claims the project was derailed by bad actors who stole funds.
Key Points
1. Ready Player One is set to enter the metaverse through the creation of Readyverse Studios, a collaboration between Futureverse, Ernest Cline, and Dan Farah. The studio has secured rights from Warner Bros. Discovery for the intellectual property behind the novel and film. The new RP1-inspired metaverse is expected to launch this year.
2. Visa is exploring the Web3 space with a customer loyalty program that allows brands to launch digital wallets for customers to earn points and experiences. This program opens up opportunities for unique digital collectibles tied to real-world experiences.
3. OpenSea, the leading NFT marketplace, has fallen to become the fourth-most used platform in weekly trading volume. This shift highlights the growing competition in the NFT market, with platforms like Blur, OKX, and Magic Eden gaining traction.
4. Influencer Logan Paul plans to refund those who invested in his never-launched NFT game, CryptoZoo, with $2.3 million. The project faced allegations of wrongdoing and theft, causing its derailment. Paul’s buy-back aims to compensate those who intended to play the game, not those who made speculative investments.