Bored Ape Yacht Club creator Yuga Labs has announced a restructuring that sees several roles "eliminated" across the company. Yuga Labs will “fully enter” the Otherside metaverse project and provide brand partnerships, with a focus on community building.

Nike's Web3 unit .SWOOSH introduced its first physical sneaker series called Air Force 1 Low TINAJ. It will be available exclusively to .SWOOSH members who purchase and open at least one OF1 Box NFT by October 16th.

Rising NFT transaction volume on the gaming-focused Mythos Chain has made the network the second-largest blockchain in terms of NFT sales volume over the past 30 days, surpassing Polygon and Solana.

Starbucks released a series of open-print Pumpkin Spiced Latte NFTs on the Nifty Gateway marketplace. NFTs are part of Starbucks Odyssey, Starbucks' Web3 loyalty rewards program. The program includes NFT stamps that can be collected to earn points and special rewards.

What kind of impact do you think these developments will have in the crypto and NFT world? Share your comments with us!#crypto#NFT #blockchain