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This week, “The Sims” creator Will Wright announced he raised $6 million to develop blockchain-powered simulation games thanks to venture capital firm Griffin Gaming Partners.

In NFT financialization news, the BendDAO peer-to-pool lending protocol almost faced liquidation when the floor price of collateralized Bored Ape Yacht Club NFTs dropped and the borrowers’ loan-to-value (LTV) decreased. Gabe Frank, CEO of peer-to-peer NFT lending platform Arcade, offers his two cents on the situation.

What’s New With The Sandbox?

The team’s success in voxelizing avatars from 13 NFT collections allowed the Sandbox (SAND) to become fully interoperable. Some collections include Cool Cats, Clone X, World of Women, Moonbirds, Bored Ape Yacht Club, People of Crypto, and Doggies.

These avatars, which can play during Sandbox Alpha Season 3, will symbolize the user’s digital identity. Over the course of 10 weeks, the project will present more than 90 playable experiences in The Alpha Season 3’s.

Users will enjoy both single-player and multiplayer adventures. The 27 events that will include brand partners like Snoop Dogg, The Walking Dead, Bored Ape Yacht Club (BAYC), World of Women, and others are particularly significant.

The Metaverse art week being held in Decentraland

The Metaverse is proving to be the digital playground for modern day creatives with many brands, designers and artists taking their work onto the blockchain.

With art shows being a historically popular type of event in the real world, it’s time the metaverse had its own art week.

The official event is being held on Decentraland, the popular virtual reality game set within the metaverse.

It is actually the 3rd installment of the art week on Decentraland with this year’s event looking to be a hit.

Being held on the 24th of August until the 28th of August this event will be a great way to send off the summer of 2022 as some of the top names come together to showcase their best work from the past 12 months.

This year’s event is called “The World is Made of Code” and has taken inspiration from “Venice Biennale Arte”.

    “Metaverse Art Week 2022 will explore how the human spirit is hardwired to elicit an emotional response when presented with art inspired by the mathematical designs present in nature as well as how metaverse technology is pushing the boundaries of programmatic art and redefining what an immersive experience is.”

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