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Google Play Store Officially Allows NFT Games, But Doesn’t Allow Gambling: Nifty Newsletter, July 12-18

On this week’s e-newsletter, Google Play has formally allowed non-fungible token (NFT) video games on its retailer with some limitations. NFT firm Dapper Labs has accomplished its third spherical of layoffs, and a blockchain gaming startup has enabled an automated refund function for NFT purchases. In different information, try the blockchain-based recreation that has begun driving each day transaction volumes on the Sui community, and do not miss this week’s nifty information about Financial institution of America staff coaching on the within of the Metaverse.

Google Play Retailer formally permits NFT video games, however not playing

The Google Play Retailer not too long ago revealed new blockchain-based content material insurance policies, which additionally contains the permission for NFT video games. The corporate stated the brand new insurance policies are designed to “open up new methods of transacting blockchain-based digital content material” inside apps and video games.

Whereas being open to NFT and blockchain gaming content material, the corporate additionally clarified that builders should clearly state this function of their recreation descriptions. Playing can also be not allowed.

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Dapper Labs Makes Third Spherical of Reduce in 9 Months Amid NFT Meltdown

NFT firm Dapper Labs has introduced one other spherical of layoffs, reducing 51 extra staff from its staff. In response to the corporate, this choice was essential to maintain the corporate lean and environment friendly.

The current layoffs are the third time the corporate has laid off staff in lower than a yr. In November 2022, the corporate lower 22% of its staff. The agency additionally plans to chop employees by 20% in February 2023.

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Blockchain Gaming Platform Creates Refundable NFT Program

Blockchain gaming startup Spillworks and Web3 platform Mycelium Community have partnered to create an NFT venture that enables automated refunds for NFT purchases. By means of a wise contract, anybody who needs a refund simply must click on a button and change NFTs with the pool of funds.

Customers who obtain NFTs may also be allowed to make use of them inside blockchain video games, giving gamers content material drops in addition to mining energy.

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A easy tile recreation is rising each day tx on Sui Community – Knowledge Platforms

Sui 8192, an on-chain tile-sliding recreation, has induced an enormous improve in each day transactions on the Sui community. In response to an on-chain analytics platform, Sport has even surpassed Solana by way of each day transactions.

A brand new object is created on every occasion of the sport. The method is much like the casting of NFTs. Moreover, every transfer throughout the recreation is recorded as a transaction and requires fuel.

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Nifty Information: Metaverse financial institution robberies, Trump NFT biz preferring money and an increasing number of crypto

Financial institution of America is utilizing the digital actuality metaverse and synthetic intelligence know-how to coach its staff on the best way to cope with financial institution robberies or indignant prospects. In the meantime, Donald Trump’s NFT enterprise retains its funds on Ethereum, with the disclosure exhibiting nothing on his checking account.

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Thanks for studying this digest of the week’s most notable developments within the NFT area. Come again subsequent Wednesday for extra stories and insights on this actively creating area.

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