TAG Heuer has an NFT smartwatch: Nifty Newsletter, June 15–21
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Yahoo Hong Kong executive Lorraine Cheung said that activities in the Metaverse are seen by Hong Kong residents as a good alternative to social interaction amid the pandemic.
This week’s newsletter highlights Yahoo’s plans to get involved in nonfungible tokens (NFTs) and metaverse-based projects. Also, watch manufacturer TAG Heuer is dipping its toes into NFTs, and digital collectible platforms in China have increased in number despite warnings from the government.
On a positive note, a CryptoPunk that was donated to Aid For Ukraine sold for more than $100,000. And don’t forget about this week’s Nifty News roundup featuring the new brand lead for CryptoPunks and a phishing attack on a Solana-based project.
Yahoo is launching metaverse events for Hong Kong residents under restrictions
Online media company Yahoo recently announced its plans to get involved with a series of NFT and metaverse projects in Hong Kong. This includes hosting virtual events and concerts in metaverses within the Asian country.
According to Lorraine Cheung, an executive at Yahoo Hong Kong, activities in the Metaverse are seen by Hong Kong residents as a good alternative to social interaction, as pandemic restrictions are still enforced very strictly and people are required to present a negative COVID-19 test before entering bars or restaurants.
Yahoo will also collaborate with local artists to launch an NFT exhibition titled The Abyss of Kwun Tong.
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