NBA has announced ‘Dynamic’ Ethereum NFTs for Playoffs

Hi there! Welcome to the weekly digest brought to you by the Good Crypto team. We know how important it is to be well-informed about the latest developments in the niche, so we have brought together the past week’s most exciting events. Below you will find the hottest news, the latest exchange listings, and even memes to cheer you up. If you want to get these updates as soon as we post them, follow us on Twitter or Telegram.

Weekly Market Summary

Many nations, particularly those with virtual asset service providers (VASPs), are not conforming to the Financial Action Task Force’s (FATF) criteria for Combating the Financing of Terrorism (CFT) and Anti-Money Laundering (AML).

The group claimed 52 percent of the tested jurisdictions in 120 countries had “adequate laws and regulatory structures in place” to assess risks and identify beneficial owners of corporations in a study issued on Tuesday on the “State of Effectiveness and Compliance with the FATF Standards.” Furthermore, according to the FATF, just 9% of nations are “substantially effective” in this area.

Blizzard Entertainment President Mike Ybarra shot down any notions that the World of Warcraft and Diablo publishing firm plans to get in on the budding NFT market anytime soon.

Over the weekend, he tweeted, “No one is doing NFTs,” in response to video game writer Andy Robinson’s claim that “Blizzard is polling interest in NFTs and ‘play to earn’ games.”

Quick weekly news:

• 3.6M Americans to use crypto to make a purchase in 2022, research firm predicts
• In Georgia, crypto is a crucial tool for refugees escaping the war
• Daniel Arsham on making NFT artwork that is ‘not possible’ in the real world
• Ukrainian crypto and blockchain firms survive despite ongoing conflict

Other notable events include:

• UTA signs exclusive deal with Deadfellaz Ethereum NFT Collection
• NBA has announced ‘Dynamic’ Ethereum NFTs for Playoffs

UTA signs exclusive deal with Deadfellaz Ethereum NFT Collection

The NFT collection Deadfellaz has secured an exclusive representation arrangement with United Talent Agency, covering brand collaborations, merchandise, gaming, and live events, as Web3 items move farther into the mainstream.

“Very bullish on the future,” Deadfellaz co-founder “Betty” tweeted, announcing the signing of an agreement with UTA, which has also signed partnerships with CryptoPunks, Meebits, and Autoglyphs recently.

Deadfellaz is a collection of 10,000 zombie-themed NFTs minted on the Ethereum blockchain that was launched in August by the pseudonymous developers “Betty” and “Psych.”

NBA has announced ‘Dynamic’ Ethereum NFTs for Playoffs

On Wednesday, the National Basketball Association began minting The Association, an Ethereum NFT collection of 18,000 assets.

NFTs are one-of-a-kind blockchain tokens that show who owns an asset, such as a piece of digital art. Each Association NFT symbolizes a genuine NBA player in this year’s NBA playoffs. There will be 75 NFTs of each player from each of the 16 NBA clubs in attendance.

These NFTs, like real athletes, do not remain static. NFT attributes will alter during the playoffs based on each player’s real-life performance, such as a particular number of dunks, blocks, three-pointers, rebounds, or assists. The player’s team’s performance will also affect the NFT backdrops and “frames.”

• Spot trading: Bitcoin (BTC) and Ethereum (ETH) have become top dogs on the spot trading front. NEAR Protocol (NEAR) is trailing in 3rd, with Dusk Network (DUSK) and Zilliqa (ZIL) taking fourth and fifth places.

• Derivatives: Bitcoin (BTC) and Ethereum (ETH) continue as the most traded currencies for trading derivatives. Theta Network (THETA) is ranked third, with PancakeSwap (CAKE) and STEPN (GMT) in fourth and fifth places.

New Listings on KuCoin:
– BinaryX (BNX/USDT)
– VisionGame (VISION/USDT)
– Zebec Protocol (ZBC/USDT)
– Threshold (T/USDT)
– Woonkly Power (WOOP/USDT)
– NYM (NYM/USDT)
– Voxies (VOXEL/ETH VOXEL/USDT)
– Sperax (SPA/ETH SPA/USDT)
– pSTAKE Finance (PSTAKE/USDT)
– MOBLAND (SYNR/USDT)
– Mines of Dalarnia (DAR/BTC DAR/USDT)
– GensoKishi Metaverse (MV/USDT)
– XDEFI Wallet (XDEFI/USDT)

New Listings on Huobi:
– VisionGame (VISION/USDT)
– Curate (XCUR/USDT)
– NYM (NYM/USDT)
– Neopin (NPT/USDT)
– Stargate Finance (STG/USDT)
– CAW(A Hunters Dream) (CAW/USDT)

By the way, the Good Crypto PRO plan includes new Exchange Listing alerts for more than 30 exchanges. Become a PRO and receive an instant notification when a new coin is listed on the exchanges you’re interested in.

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Apollo Inu is a governance and utility token designed to support creative artists and their initiatives. The public will be able to submit artists in a variety of artistic genres, including music and literature. Artists will submit their works, and members of the public will vote using Apollo Inu Tokens. A community-driven DAO will choose which projects receive tokens from the DAO contract to help support them.

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