1. Meta taps Polygon to build NFT platform for Instagram, Facebook

Polygon has partnered with Meta to create an NFT platform for Instagram and Facebook, Polygon CEO Ryan Wyatt announced via Twitter.The partnership will expose Polygon’s blockchain ecosystem to Meta’s combined 2.9 billion users. Wyatt said Meta chose Polygon due to its carbon-neutral footprint and high scalability.

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2. NASA Partners With Epic Games to Create a Martian Metaverse Simulation

NASA, the U.S. space agency, has partnered with Epic Games, the company behind Fortnite, to build a challenge for developers to help create a Martian metaverse experience. The challenge will include various tasks, including designing several key environments for Martian astronauts, which will be rendered using Epic Games’ Unreal Engine 5 to provide a realistic environment.

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3. Digital clothing creators talk designing for Roblox’s metaverse world and virtual fashion's future

Virtual fashion has become a flourishing industry over the past year, with many brands climbing over one another to dip their toes into the industry’s new metaverse presence. Roblox is one platform that has particularly caught the attention of brands, boasting a community of 49 million active users.

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4. NFT markets slump as weekly sales volume dives 30%

MAYC, BAYC and Otherdeed trading volumes are all way down, as are volumes in the entire NFT market, possibly signaling a general cooldown in the industry.The nonfungible token (NFT) collections by Yuga Labs have experienced a dramatic downturn in transaction volume over the past 24 hours.

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5. Instagram testing NFT on Feed, Stories and Messaging

NFTs or Non-Fungible Tokens are coming to Instagram, Mark Zuckerberg had spoken about Instagram testing the NFT integrations in a video, and Adam Mosseri, head of Instagram has posted a tweet announcing the NFT integration on the platform to begin this week.

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6. Sony Partners With Theta Labs to Launch 3D NFTs for Its Spatial Reality Display

Sony Group Corporation has revealed it has partnered with Theta Labs in order to launch 3D non-fungible token (NFT) assets. The upcoming NFTs will be crafted for the Sony Spatial Reality Display and are designed for three-dimensional viewing.

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7. Starbucks has announced plans to create a series of branded NFT collections.

The coffee giant Starbucks this week announced its plans to enter the web3 space with the launch of its own NFT collection later this year, where the individual digital collectibles also provide their owners with access to exclusive content experiences and benefits

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8. FIFA announces partnership with blockchain innovator Algorand

The deal is also a technical partnership in which Algorand will help FIFA enter Web3, with the possibility of official NFTs minted on $ALGO.

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9. 55,225 ETH was burned during the mint of Otherside lands

The price of gas reached 14,000 gwei (against the norm last month at 50-60 gwei). A lot of people burned thousands of dollars in air, but never minted the earth. But the developers promised to compensate the ether for an unsuccessful transaction.

Lands were sold at 305 APE (~ $6500). The floor is currently 7.7 ETH (~ $21,600).

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10. Top NFT sales for the past week

NFT Bored Ape#17 was sold for 410 ETH ($1 155 936).

NFT Ton Punk #1065 was sold for 7483.5 TON ($13K).

NFT Bunny Gang #197 sold for $45,000.

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