News Explorer — Neopets Shuts Down Metaverse NFT Experiment

By Decrypt July 19, 2023 In Coinbase, Metaverse, NFTs

AD

Neopets Shuts Down Metaverse NFT Experiment

Neopets has shut down its web3 experiment, Neopets Meta, which featured NFTs and a play-to-earn metaverse. The decision comes after a management buyout and the need to refocus on creating a playable game that aligns with the community’s desires. Neopets, a popular virtual pets website, struggled to keep up with the rapid advancements of web3 innovations.

RAFPF3QLDVBRLN7VE2H3TWEUCA.jpg

Source Article

Advertisement

Latest

Jul 18, 10:33 am

Fortune

Polychain Capital Raises $200 Million While Cutting Research Team

Polychain Capital has raised around $200 million in the first close of its fourth fund, signaling ongoing interest in th… Read Summary

GettyImages-1233275216-e1689681352657.jpg?resize=1200,600

Source Article

Jul 18, 9:03 am

The Block

Pogs Go Digital With Theta Labs Blockchain Deal

Theta Labs, an entertainment-focused blockchain company, is partnering with Pogs, the 1990s milk cap game company, to pu… Read Summary

pog-955x675.jpeg

Source Article

Jul 18, 9:01 am

Decrypt

Galaxy Commanders’ NFT Space Battler Coming to Immutable zkEVM

Galaxy Commanders, a PvP space shooter developed by MagmaByte, a startup including former Electronic Arts, NCSoft, and N… Read Summary

Source Article

Jul 18, 8:10 am

Blockworks

Congressman Calls for a New Test for Evaluating Crypto Assets

Representative Ritchie Torres has written a second letter to the SEC, urging them to reconsider their approach to crypto… Read Summary

Source Article

Jul 18, 7:13 am

DL News

Neopets Shuts Down Metaverse NFT Experiment

Neopets has shut down its web3 experiment, Neopets Meta, which featured NFTs and a play-to-earn metaverse. The decision… Read Summary

Source Article

Jul 18, 2:35 am

Cointelegraph

Marathon Digital CEO and Execs Face Shareholder Lawsuit

Marathon Digital CEO Fred Thiel and company executives are facing a lawsuit from the crypto mining firm’s shareholders…. Read Summary

Source Article

Jul 18, 4:39 am

Decrypt

SEC Chair Gensler ‘Disappointed’ in Ripple Court Ruling on Retail Investors

SEC Chair Gary Gensler has expressed disappointment with a judge’s ruling in the ongoing case against Ripple, raising th… Read Summary

Source Article

Jul 18, 1:36 am

Decrypt

SEC Accepts Valkyrie Bitcoin ETF Proposal for Official Review

The SEC has accepted Valkyrie’s proposal for a spot Bitcoin ETF for review. Valkyrie resubmitted its proposal on June 21… Read Summary

Source Article

Jul 18, 1:14 am

www.aljazeera.com

Coinbase CEO to Meet With Democrats, Discuss Crypto Legislation

Coinbase CEO Brian Armstrong will meet with Democrats from the U.S. House of Representatives to discuss digital asset le… Read Summary

Source Article

Jul 17, 11:37 pm

The Block

Ark Invest Sells $26M in Coinbase Shares Following Ripple Court Ruling

Cathie Wood’s Ark Invest has sold over 248,000 shares of Coinbase, worth $26.3 million, as the stock continues to perfor… Read Summary

Source Article

Jul 17, 9:13 pm

Coindesk

Celsius and Creditors Reach Settlement to Distribute $25 Million From GK8 Sale

Celsius, its creditors, and Series B holders have reached a settlement to distribute $25 million from the sale of GK8. T… Read Summary

Source Article

Jul 17, 6:25 pm

Cointelegraph

UK FCA Proposes Disclaimers on Crypto Memes in Social Media Shake-Up

The UK’s financial regulator, the Financial Conduct Authority (FCA), has proposed new guidance that may require crypto f… Read Summary

Source Article

Jul 17, 3:19 pm

Decrypt

Scammers Are Impersonating Decrypt—Please Don’t Fall for It

Crypto and NFT project creators have been targeted by phishing attacks, with scammers gaining access to their social med… Read Summary

Source Article

Jul 17, 2:26 pm

Axios

3XP Expo Celebrated Web3 Gaming Without Major Gaming Companies

The 3XP event took place at the Pasadena Convention Center, featuring booths, demo kiosks, and industry professionals. U… Read Summary

Source Article

Published on

Decrypt

View the full article

You may also like