Rabbit AI’s alleged NFT scam, Dolce & Gabbana’s class-action lawsuit: Nifty Newsletter

In this week’s newsletter, read about Captain Tsubasa’s nonfungible token (NFT) game that debuted on the Oasys blockchain and the Korean university that launched a metaverse with an LG subsidiary. Check out how blockchain gaming investments almost reached $1 billion in April and read about Dolce & Gabbana’s lawsuit over its NFTs. In other news, Coffeezilla unraveled an alleged NFT scam conducted by an artificial intelligence (AI) company. 

Korean university launches metaverse with private student access

South Korean telecom company LG Uplus launched a metaverse experience at Yonsei University. The virtual world recreates the school’s Sinchon campus, with explorable landmarks like the auditorium and the library.

The metaverse, dubbed “Meta Yonsei,” limits some of its features to verified students. While outsiders can walk within the virtual campus, meeting tools and student-only areas are restricted.

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Captain Tsubasa NFT soccer game debuts on Oasys blockchain

Captain Tsubasa, a best-selling Japanese manga, launched its NFT soccer game on the Oasys blockchain. On May 20, gaming-focused blockchain Oasys announced that the 80s manga released a version of its Web3 game on its network.

The Web3 game was first revealed in 2022 and was officially launched on Jan. 12, 2023. The Web3 game also released a governance token on June 4, 2023.

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Blockchain gaming investments reached nearly $1 billion in April

With renewed interest in blockchain gaming, the sector saw almost $1 billion in investments in April, according to a report released by DappRadar and the Blockchain Gaming Alliance. The report highlighted that investments reached $988 million, the highest amount to enter blockchain gaming since January 2021.

Apart from gaming, metaverse projects also saw signs of growth in April. NFT metaverse Mocaverse showed an $8.4 million trading volume, leaving its competition in the dust.

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Dolce & Gabbana faces class-action lawsuit after alleged NFT delivery delay

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