Welcome to the OpenSea Digest, let's recap the biggest NFT and web3 news of the week.
Beeple's first solo museum exhibition premieres in China
Artist Mike Winklemann, better known as Beeple, held his first solo museum exhibition in Nanjing, China at the Deji Art Museum on November 14. The exhibition 'The Story of Synth Culture' showcased selected works from Beeple's 'Everydays' series, his video sculptures 'Human One' and 'S.2122', as well as new works created specifically for this event.
Doodles teams up with McDonald's to launch holiday-themed collectible cups
Earlier this week, rumors circulated on X, igniting excitement among web3 community members as they analyzed every clue. What were their conclusions?
Doodles is a digital art and entertainment brand based on the whimsical designs of Burnt Toast and the creative direction of music legend Pharrell Williams. In collaboration with McDonald's, by November 14, their skepticism was proven right when a Doodles representative confirmed the collaboration to OpenSea, shortly followed by an announcement.
Starting November 18, customers at participating McDonald's locations across the U.S. can purchase McCafé drinks in Doodles-themed holiday cups to unlock exclusive digital collectibles. Through the McDonald's app, customers can access fun digital character accessories and wearable items redeemable on the Doodles Stoodio platform.
This collaboration also includes limited edition merchandise and the holiday music track 'Good Mornin'', created by artist Marley Bleu and produced by Williams. The song is inspired by the 'GM' meme circulating among web3 builders and fans on X and is expected to launch a music video in December.
Animoca Brands raises $10 million for Mocaverse
Blockchain gaming startup Animoca Brands has raised $10 million in funding to accelerate the development of its open metaverse platform Mocaverse. This funding round includes contributions from investors such as CMCC Global and Kingsway Capital, with the goal of expanding features like the Moca ID identity system and building more interoperability infrastructure.
Animoca plans to use Mocaverse to connect its ecosystem of over 450 web3 brands, prioritizing seamless transfer between digital environments while continuing to focus on community-driven online experiences.
Calaxy announces the launch of a new 'Worlds' platform
Calaxy is a decentralized social application co-founded by entrepreneur Solo Ceesay and Dallas Mavericks guard Spencer Dinwiddie. It has launched Worlds, a no-code platform that allows users to create their own mini decentralized applications (dApps) for communities, organizations, and friend groups.
According to a press release, Calaxy's infrastructure allows users to design personalized applications accessible through unique URLs, retaining user data within groups. Early adopters, such as martial arts games (karate fighting) and STEPN (a move-to-earn lifestyle app), are using Worlds to attract community engagement through loyalty programs and customized experiences.
Ethereum researcher Justin Drake proposed the Beam Chain as an 'Ethereum 3.0' upgrade at Devcon SEA.
Ethereum researcher Justin Drake unveiled the proposed consensus layer Beam Chain for Ethereum at the Devcon SEA conference in Bangkok. Beam Chain utilizes zero-knowledge SNARK, a cryptographic tool that proves data without revealing certain information, streamlining node verification and enhancing scalability.
Drake emphasized that zero-knowledge technology is a scalable and cost-effective solution and suggested that Ethereum adopt planned upgrades every few years as part of its long-term development.
This proposal marks the first significant upgrade suggestion for Ethereum since The Merge, which is a two-part reform that transitioned Ethereum from a proof-of-work consensus to proof-of-stake.
PayPal USD expands cryptocurrency coverage, connecting Ethereum and Solana
PayPal has integrated the blockchain interoperability protocol LayerZero for seamless transfers of its stablecoin PayPal USD (PYUSD) between Ethereum and Solana blockchains.
This integration allows users to transact with PYUSD across two chains without relying on bridges, reducing friction and enhancing security. This also marks a significant step for PayPal into web3, making PYUSD a more versatile currency for cross-chain payments.
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