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‘Homa Games x Sorare Jam’ to Boost Utility of Football NFTs NFT Plazas

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Homa Games is launching the fourth edition of the HOMAJAM series, Homa Games x Sorare Jam. The Jam is an initiative dedicated to increasing the utility of Sorare’s NFT Football Legend Cards, where both novice and experienced game creators are welcomed to submit prototypes of entertaining mobile games which use the NFTs as playable characters.

Participant registration is open on Homa Game’s website until the Jam’s opening ceremony on February 4th. Once the ceremony has ended, participants will have until March 4th to develop and submit their prototypes.

Throughout the month of development, Homa Games will be providing constant support to participants to help them develop and leverage their ideas. The mobile gaming platform will also be hosting a masterclass from mobile and blockchain industry experts for participants to sink their teeth into.

Homa Games and Sorare will select the winner of the Jam, who will be awarded with an illustrious ‘Grand Prix’ prize featuring all important access to publishing opportunities with Homa Games, as well as a pack of Sorare Fantasy Football Cards valued at over $7000.

In addition to the apex prize, three Sorare Fantasy Football Card packs valued at $1500 will be awarded to the developers who present the best CPI (cost per install for mobile), playtime, and retention metrics in their prototypes. There will also be merchandise prizes for prototypes awarded ‘Homa Games Favourite’, ‘Jammer’s Favourite’, and ‘Most Active and Helpful’, as well as a special gift for each subscriber.

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NFT

Microsoft Buys Activision Blizzard for $68.7 Billion

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Microsoft is headed for the metaverse. On Tuesday the multinational tech company agreed to buy Activision Blizzard, the legendary video game studio behind Call of Duty, Overwatch, Candy Crush, and more for $68.7 billion in cash.

The deal comes as numerous tech and media companies — most notably Meta — race to become frontrunners of the metaverse, the fabled next iteration of the internet. When the transaction closes, Microsoft will become the world’s third-largest gaming company by revenue.

While web3 and the metaverse have both become hot topics in the last year, they still remain concepts yet to be fully actualized through contemporary technology. With this latest acquisition — the largest in Microsoft history — the tech giant seems to be betting on the future of gaming, and itself becoming a major role in the next evolution of the VR and AR gaming experience.

“Gaming is the most dynamic and exciting category in entertainment across all platforms today and will play a key role in the development of metaverse platforms,” said CEO of Microsoft Satya Nadella in a statement. “We’re investing deeply in world-class content, community and the cloud to usher in a new era of gaming that puts players and creators first and makes gaming safe, inclusive and accessible to all.”

In gaining Activision’s nearly 400 million monthly users, only time will tell how Microsoft plans to expand into the metaverse. Yet, with the convergence of Activision’s industry-leading game technology and Microsoft’s groundbreaking artificial intelligence, we may very well see the lines between science fiction and reality continue to be blurred as this new gaming monolith develops.

Photos courtesy of Microsoft.



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China’s State-Run Blockchain to Separate Crypto from NFTs

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Despite its hard-line stance when it comes to cryptocurrencies, global powerhouse, China, still has designs on the blockchain. In order to separate the underlying technology from its association with crypto it is building its own state-run blockchain for NFTs.

Under the banner of “Blockchain Services Network (BSN),” Beijing aims to capitalize on the popularity of NFTs, while at the same time disconnecting it from the currencies that surround it. The result is the BSN DDC, or Blockchain Services Network Distributed Digital Certificate. In addition, BSN will integrate services from 10 major blockchains including Ethereum and Corda, but will not operate on a decentralized framework, therefore allowing government access to the data, creating a distribution system that is closely monitored by Chinese authorities.

China’s solution will conduct all payments and transaction fees related to BSN using Renminbi, the standard Chinese currency. However, China already enjoys a vast digital payment infrastructure, optimized to facilitate it. Several major Chinese tech companies have backed the move, including Tencent, JD.com and Baidu, all of which have recently launched NFT collections under the name “digital collectible.”

The downside of this operation is that while utilizing different rules from the rest of the world, the Chinese NFT market is likely to become isolated. Therefore, reducing NFT engagement between it and other nations.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.





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Shoe Retailer ‘Crocs’ Initiate NFT Launch Through Trademark Application –

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Foam shoe retailer Crocs has recently filed a trademark application which can manage and store NFTs. Through acquiring the rights to the trademark, the Colorado-based company will be in possession of intellectual property that is both digital and physical in nature.

Specifically, Crocs’ trademark registration states its intention to cover the categories of downloadable digital media namely, digital assets, digital collectibles, digital tokens, and NFTs. When continuing to relate such digital assets to the brand itself, the application states that they will take form in the nature of footwear, clothing, bags, accessories, and decorative footwear charms.

The application also includes information on how the company will leverage blockchain technologies in order to showcase the digital products to its customers, as it states its intention to use downloadable computer software for creating, managing, storing, accessing, sending, receiving, exchanging, validating and selling digital assets, digital collectibles, digital tokens and NFTs.

The infamous moulded-footwear company, which has sold over 300 million pairs of its patented, opinion-splitting clogs, is certainly not the first shoe brand to enter the world of NFTs, as industry giants Nike, Adidas, and Under Armour already allow fans to flaunt their digital kicks across platforms such as The Sandbox and Decentraland, whilst luxury fashion brand Jimmy Choo also released an exclusive NFT shoe collection.

Follow Crocs >> Twitter

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