New Years Eve Party in the Metaverse, Mutant Monkeys and the Cheshire Cat – What Else Will NFTs Surprise Us?

Times Square will appear in the Decentraland metaverse, the Swedish bank Mecro Bank is developing a project for interaction with the Metaverse, and the Cipher Punks NFT have been removed.

New Year’s Eve Party on Times Square in the Metaverse

Decentralized project Metaverse Decentraland will host a New Year’s party on Times Square in New York but in virtual reality.

The MetaFest 2022 New York Party will take place on New Year’s Eve and will run until 8:00 am UTC at Decentraland’s Estate 4. The program includes live music concerts, rooftop VIP lounges, new NFTs, live broadcasts of real New Year events around the world, CryptoArt galleries and games.

In the Metaverse Decentraland, the equivalent of a famous place in downtown New York is called One Times Square. More than 170 people have already registered for the event.

Mutant monkeys

Yuga Labs’ spin-off project, the Bored Ape Yacht Club spinoff, Mutant Ape Yacht Club, is gaining momentum.

Interest in NFT Yacht Club Mutant Ape has grown by 355.29% over the past month, according to CryptoSlam data. This resulted in $76.8 million in secondary market sales.

It looks like all of Yuga Lab’s NFT projects made it into the top ten seven-day sales volumes. The largest spike in demand is for Solana-based NFT Crypto Astronauts, with secondary sales increasing by a whopping 172,235% over that time period.

Store NFTs in the bank

Swedish Mecro Bank is working on a pilot project to launch a digital asset custody service in the future.

According to the announcement, Mecro Bank even intends to launch its own NFTs and is currently working on strategies for deploying the banking to virtual worlds based on Metaverse.

According to the bank’s experts, Metaverse is becoming increasingly important as a digital financial platform for banking and financial transactions, as well as for personal and business interactions.

Cipher Punks NFT Failure

The unlicensed NFT project “Cipher Punks” featuring key figures in the Cypherpunk movement was canceled due to objections from the people depicted on the NFT.

The team behind the ItsBlockchain project announced in a blog post on December 29 that they are closing the 500 NFT collection just three days after launch.

Electronic Frontier Foundation (EFF) activist and director Gillian Yorke noted on Twitter that she strongly disapproves of the project and asked the team to remove the NFT.

The ItsBlockchain team said it will refund every “penny” spent on the project, including gas fees, and has completely erased the project from the network.

Cheshire NFT Cat

The Opium Protocol DeFi project team created Cheshire Cats NFT avatars for verification, achievement, and access to specialty products across the metaverse.

NFTs differ in color, accessories, eyes and fur color, but the smile of the character always remains the same.

The team noted that the avatars provided are not part of the Opium Protocol, but can be used to identify community members.

The initial stage of minting will begin on New Year’s and will be available to users who applied before December 25th. From January, the feature will be available to other companies as well.

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