Today we made the difficult decision to part ways with several members of the Metaplex Studios team.

Hyakki NFT utility and marketing platform has raised $2 million seed round funding from Step VC, Druid Ventures. MultiDao has participated in the incubation.

Justin Bieber was among the famous individuals who dived into NFTs when the hype around them was at its peak. The superstar bought Bored Ape #3001 in January for a whooping 500 ETH. The price of ether was in much better shape at the beginning of the year and traded at around $2,600, meaning Bieber’s investment cost him approximately $1.3 million. Unfortunately for Bieber, the market crash in the following months negatively affected his investment. According to <a href="https://nftpricefloor.com/bored-ape-yacht-club" target="_blank">data</a> from NFT Price Floor, his collectible is currently worth 59 ETH or a mere $71,000.

As the cryptocurrency industry continues to expand, the need arises to educate the public about digital assets, their uses, advantages, and risks to support this growth, which is why the crypto trading platform Binance is now offering free courses on the increasingly popular technology.

Bit hotel, which is a social-first game in the virtual world, will from hereon, be readily available on Ultra Games. In the case of the Ultra Games, it happens to be an online game in which all connected gamers can interact with other members. The players can also receive frequent rewards and the possibility of making money while engaging in the game. Following this occurrence, Bit Hotel coming onto Ultra Games will be delivering a Uniq NFT collection on the Uniq Marketplace.

Adidas Originals (adidas Originals), a german sportswear brand, unveils the first blockchain-powered virtual wearables. Top sports brand Adidas dubbed its first collection of NFT wearables as “Virtual Gear.” The launch of the NFT collection accelerates Adidas Originals’ drive to improve its community-based, member-first, open metaverse strategy.

Angelo, an investment platform tying physical fine art to NFTs, has announced its launch. The web3 platform aims to add a more tactile component to the abstract concept of NFT ownership.

Mintable, an NFT marketplace built on Ethereum, has launched support for the XRP Ledger, per a tweet from the platform yesterday.

Coachella announced its partnership with FTX US in February. It released various other NFT collectibles alongside the passes. <a href="https://www.billboard.com/pro/coachella-nfts-stuck-ftx-exchange-bankruptcy/" target="_blank"><i>Billboard</i></a>, which first reported issues around the NFTs on Tuesday, said that the sale generated $1.5 million in total.

Zero-royalty projects will form the long tail of the NFT market.