Mastercard Seeks NFT Expansion With Metaverse Industry

Payments giant Mastercard is looking to expand into the non-fungible tokens, or NFTs, market. In fact, it has filed 15 Metaverse and NFT trademark applications in the US with the United States Patent and Trademark Office on April 4.

The requests that Mastercard pursue this expansion were revealed by trademark attorney Mike Kondoudis. Who communicated that the applications were related to collectibles and the market for NFT, the software for processing payments in the Metaverse. As well as electronic commerce transactions in the virtual world.

Mastercard has also applied to trademark its “Circles” logo and “Priceless” slogan. In addition, it also plans to offer “events and performances in the Metaverse in the fields of finance, cryptocurrencies, and NFTs.”

The payments company has been accelerating its expansion in the crypto industry for quite some time now. Mastercard recently partnered with Ethereum software company ConsenSys to help launch a scaling solution that offers “enterprise-grade scalability” to financial institutions. Mastercard also backed ConsenSys in its $65 million funding round in April.

NFT Investments PLC studies the acquisition of Pluto Digital for 96 million pounds

On Friday, NFT Investments PLC, a UK-based blockchain firm that invests in companies operating in the non-fungible token, or NFT, space, announced that it would no longer be pursuing a £96m takeover of Pluto Digital. Although it did not directly state its reasons for canceling the deal, NFT Investments wrote:

“The company is well positioned to take advantage of the recent market correction in the blockchain and digital asset sectors, investing at attractive valuations.”

Back in January, NFT Investments signed a non-binding letter of intent to acquire Pluto Digital, which builds infrastructure in the field of decentralized finance, or DeFi, by reissuing NFT shares. From last November to March of this year, the blockchain sector witnessed a month-long bear market, bringing the total market capitalization of digital tokens down 40% from its all-time highs. .

Shopify Lets Merchants Accept Bitcoin Payments Through Strike

E-commerce merchants on Shopify can now accept payments in Bitcoin after Strike, a Chicago-based Bitcoin payment app, announced its integration with the e-commerce company on Thursday.

With this partnership, US-based Shopify merchants would be able to receive Bitcoin payments instantly globally and with lower processing fees. The integration with Strike would instantly facilitate Bitcoin-to-cash payments over the Lightning Network.

The Lightning Network is a layer 2 scaling solution built on top of the Bitcoin blockchain to enable fast transactions with lower processing fees. Cash App, a payments subsidiary app of Jack Dorsey’s Block, recently announced its integration with the Lightning Network to enable free Bitcoin payments worldwide.

Russian PM Backs Central Bank’s Stance on Bitcoin and Crypto Ban

The conflict between the Russian Ministry of Finance and the central bank is likely to be resolved after Russian Prime Minister Mikhail Mishustin sided with the central bank’s views on crypto assets.

The minister has confirmed that the country remains against the use of cryptocurrencies as a payment method, according to a report by state-backed news outlet RT. However, Russia may still consider adopting and encouraging crypto mining in the country. Mishustin reportedly said in a statement:

“We are against the recognition of cryptocurrencies as a means of payment or money. We also think that to stimulate investment, mainly in fixed capital, we can discuss mining issues, which includes the creation of data centers and related infrastructure.”

The statements contrast with those made by the prime minister at the end of March this year. At the time, he considered it necessary to incorporate cryptocurrencies into the Russian financial system.

Some projects to explore

  • King of Planets, or KOP, a blockchain-based P2E game powered by NFT, DeFi 2.0, and GameFi. This week he announced the opportunity to get an Alien NFT before the game launches. According to the description included in the twitter post, it was possible to access them through two presales and one public sale.
  • MetaFighter is a Play-to-Earn skill-based fighting game that captures the essence of arcade fighting classics like Street Fighter, Virtua Fighter, and Soul Calibur, with an in-game economy that rewards players for their fighting ability. struggle. MetaFighter is not just a simple arcade fighting game. It uses the use case of NFT and smart contract controlled tokens in a unique way. Every fighter or asset in the game is backed by a unique and dynamic NFT.
  • Tanks For Playing is a pioneer in crypto social gaming, it is a turn-based multiplayer online Blockchain game that involves cooperation, coordination, planning, strategy and ultimately betrayal. What sets this game apart from others in the crypto space is the high reward tournaments. Players pay to play, funding the prize pool for each game. The last tank standing wins, and winning is very lucrative.

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