Immutable shuts down NFT exchange

- Immutable shuts down NFT exchange on August 13 to focus on expanding ecosystem.

- Supports other exchanges rather than directly competing.

- Exchange was originally created to demonstrate the capabilities of Immutable's software development kit.

Kanpai Pandas NFTs Drop 45% Over Trump Token Scandal

- Kanpai Pandas drops floor price after being accused of being involved with Donald Trump-themed tokens.

The token was said to be backed by the Trump family, but was quickly denied.

- Floor price drops from 0.775 ETH to 0.42 ETH, down 45%.

Web3 gaming needs a Steam-like platform to thrive

- OKX's Jason Lau believes Web3 gaming needs a Steam-like game distribution system.

- Steam attracts millions of gamers but bans NFT and crypto games from 2021.

- Web3 needs its own platform to integrate decentralized mechanisms and real ownership.

Half of the world's 10 most valuable companies are developing metaverse hardware

- Microsoft partners with Samsung to develop spatial computing headsets, expected to launch in 2026.

- Big names like Apple, Google, Meta and Nvidia are also investing heavily in this technology.

- Despite skepticism, the metaverse still receives large investments from leading companies.

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