Bitcoin miners cash $5 million from Ordinals while activists urge Meta to ban minors from its metaverse. All that and more in this week’s Nifty Newsletter!
In this week’s newsletter, read about how Mastercard launched an accelerator program for musicians powered by, and how online safety groups urged Meta to refrain from allowing minors into its new metaverse. Check out what happens to NFTs when a collector dies, and, in other news, find out how publishers are looking for alternatives to play-to-earn gaming. And don’t forget this week’s Nifty News, featuring Bitcoin miners earning from Ordinals and Reddit facing backlash for Gen 3 avatars.
Meanwhile, Ajay Prashanth, an executive at NFT insights platform bitsCrunch, echoed Tan’s comments. Prashanth said that setting up smart contracts to automate NFT transfer after death is “technically feasible.” However, it requires connecting to legal documents that certify the death.Online safety groups have sent a letter to Meta CEO Mark Zuckerberg, urging the company to cancel its plans to invite teenagers and young adults to use its metaverse application, Horizon Worlds.
Cointelegraph went to the NFT.NYC 2023 event in New York to get exclusive insights from the conference. One of the topics discussed was play-to-earn gaming and how companies are shifting their strategies during the crypto winter.
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