On this week’s e-newsletter, Google Play has formally allowed non-fungible token (NFT) video games in its retailer – with some caveats. NFT firm Dapper Labs has accomplished its third spherical of layoffs and a blockchain gaming startup has enabled an automated refund function for NFT purchases. Additionally, take a look at the blockchain-based sport that has began to skyrocket day by day transaction volumes on the Sui community, and remember this week’s Nifty Information, the place Financial institution of America is coaching staff within the metaverse.

The Google Play Retailer formally permits NFT gaming, however not playing

The Google Play Retailer lately launched new blockchain-based content material insurance policies, together with permitting NFT video games. The corporate said that the brand new pointers purpose to open “new potentialities for dealing with blockchain-based digital content material” in purposes and video games.

Whereas open-minded about NFTs and blockchain gaming content material, the corporate additionally made it clear that builders should clearly state the function of their sport descriptions. Playing can be not permitted.

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Dapper Labs conducts third spherical of cuts in 9 months amid NFT droop

NFT agency Dapper Labs has introduced one other spherical of layoffs, reducing 51 extra staff from its crew. In accordance with the corporate, the choice was essential to preserve the corporate lean and environment friendly.

The newest layoff is the corporate’s third layoff in lower than a yr. In November 2022, the corporate laid off 22% of its staff. Moreover, in February 2023, the corporate decreased the workforce by 20%.

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Blockchain Gaming Platform Creates Refundable NFT Program

Blockchain gaming startup Spielworks and Web3 platform Mycelium Community have teamed as much as develop an NFT undertaking that can allow automated refunds for NFT purchases. By a wise contract, anybody wanting a refund simply must click on a button and alternate the NFTs for a pool of cash.

Customers who purchase the NFTs are additionally allowed to make use of them inside a blockchain sport, granting gamers materials drops in addition to mining energy.

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A easy puzzle will increase day by day TXs on the Sui Community knowledge platform

Sui 8192, an on-chain tile-sliding sport, has led to an enormous enhance in day by day transactions on the Sui community. In accordance with an on-chain analytics platform, the sport has even surpassed Solana when it comes to day by day transactions.

A brand new object is minted every time the sport is performed. This course of is much like minting NFTs. As well as, each motion throughout the sport is recorded as a transaction and requires gasoline.

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Nifty Information: Metaverse Financial institution Heists, Trump’s NFT Deal Favors Crypto Over Money and Extra

Financial institution of America makes use of digital actuality metaverse and synthetic intelligence to coach its staff on the right way to take care of financial institution robberies or offended prospects. In the meantime, Donald Trump’s NFT deal holds its funds on Ethereum, with disclosures displaying there may be nothing in its checking account.

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Take a look at COINTELEGRAPH’s NFT STEEZ PODCAST

Thanks for studying this rundown of the week’s most notable developments within the NFT area. Examine again subsequent Wednesday for extra stories and insights into this actively evolving area.