Google Play Store officially allows NFT games, but no gambling: Nifty Newsletter, July 12–18

The blockchain and NFT gaming industry is experiencing various developments and trends. Here are some key highlights:

Google Play Store allows NFT games with some limitations: The Google Play Store has updated its policies to allow NFT games and blockchain-based content. However, developers must clearly state the presence of NFT features in their games, and gambling activities are still not permitted.

Dapper Labs experiences layoffs amid NFT market downturn: NFT company Dapper Labs has undergone its third round of layoffs, cutting 51 employees from its team. The company cites the need to maintain efficiency during the current NFT market slump.

Refundable NFT program introduced: Spielworks and Mycelium Network have partnered to create an NFT project that enables automated refunds for NFT purchases. Through a smart contract, users can easily exchange NFTs for a pool of funds if they want a refund.

Sui 8192 causing a spike in daily transactions: Sui 8192, an on-chain tile-sliding game, is generating significant daily transaction volumes on the Sui Network. The game's mechanism involves minting new objects for each instance of the game, similar to minting NFTs. Each move made in the game is recorded as a transaction, requiring gas.

#Web3.0 #NFT #Blockchain #Crypto #Cryptocurrency #AI #Metaverse #OpenSea #AR

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