The below content and projections are the opinion of the authors. Any conclusions or takeaways are their own. This should not be considered as investment advice. Investing involves the risk of loss and returns are not guaranteed.
1) LootRush raises $12M in seed round in push to bring NFT gaming to the masses
Titan’s Takeaway: LootRush is aiming to take on several issues at once with its recent launch – high barriers to entry, high costs, and time spent before users actually start playing. If the platform manages to make significant headway on even one of these challenges, it could mark a big step forward for NFT gaming.
2) Gucci to begin accepting crypto payments in select U.S. retail stores
Titan’s Takeaway: Gucci’s payment-in-crypto experiment is the latest push from a luxury brand to find a foothold in the crypto community, whether this be through NFTs, payments, or metaverse plans. We expect luxury fashion to remain a testing ground for bringing digital ownership into the physical world.
3) Katie Haun’s crypto fund leads bold move into NFT protocol Zora
Titan’s Takeaway: Amid robust growth of the web3 economy — and the ample funding available — we expect new NFT protocols to continue taking big checks from investors in months ahead to challenge OpenSea’s dominance in the space.
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