1. Shanghai will spend $1.5 billion to build a metaverse to help the economy recover from the pandemic
At the moment, this is the largest investment in the field of metauniverses among all states and companies.

According to the plan, the Shanghai authorities are going to pay special attention to the following aspects:
— Pilot launch of the digital assets trading section on the stock exchange;
- Support for cloud rendering; artificial intelligence and blockchain technologies;
— A new cultural tourism that combines virtual and real interaction;
- New project Yuanlv Shanghai - walks around the city with augmented reality;
— Development of original blockchain games;
— The transition from ordinary social networks to metaverses;
— Construction of a factory of digital twins.

2.NFT-collection WZRDS decided to punish those who sell their tokens cheaply. The new mechanics raised the minimum cost of these NFTs from 0.1 ($107) to 3.2 ETH ($3500) per day.

Collection Creators called punishment by the "process of ritual burning."
It's pretty simple: if you put up a token for sale below the price indicated by the developers of 3.2 ETH, any user can burn it with the help of magic mushrooms.
You earn mushrooms if you send your "wizard" to the magical forest (stake).
If your token is burned, then in return you get an NFT with a skull. They are currently being sold at 0.17 ETH ($190).

Maintaining the minimum price of tokens is the most important element in the formation of the capitalization of the collection. Before WZRDS no one else with such grace and dexterity figured out how to keep her on a high bar. It is not clear how the experiment will end, but the collection has already become write в The media (Isn't that the main thing in all these stories?)

Twitter users are arguing about what the skull will bring in return for the burned token. Some complain that they have lost money, while others are waiting for some new feature.
Many complain that the minimum price was artificially dispersed and want the tokens to be removed from OpenSea.

I don’t think this will happen, the creators clearly have a direct connection with the site and an understanding of the situation. WZRDS received verification faster than any other collection in history.
It seems to me that there are too many subtle and interesting moments for another boring flip project.
I bought a token a day after the launch of the project (my handsome man is in the picture) and I am going to keep it, at least because of a very competent approach to storytelling and a fascinating narrative. It is built around the idea of ​​returning magical power to the inhabitants of the fabulous kingdom of Tyrol. Long ago, they suddenly gained super powers and lived happily ever after. Over time, from their own well-being, the "wizards" degraded and turned into homeless people and drunks. Why not an exaggerated tale about young crypto-investors who were not ready for the fall of cryptocurrencies?

3. The Italian government banned museums from selling NFTs

The Italian government is aiming to stop the sale of digital art by museums in order to protect the country's cultural heritage from fraud. This decree is a reaction to the recent sale of works by Michelangelo for 240 euros, from which the Florentine Uffizi Art Gallery received only 000 euros. The ministry responsible for regulating museums has asked the institutions to stop such deals.

The sale of Michelangelo's NFT was arranged by Milan-based technology company Cinello as part of a five-year contract to digitize artwork from the museum's collection. The gallery received less than one-third of the proceeds, although they agreed on a 50% share, according to a Cinello spokesperson in an interview with Art Newspaper. The works were published in nine editions, priced between 100 and 000 euros each.

After the sale, the Italian newspaper La Repubblica raised a number of questions, sparking public discussion about digital ownership of Michelangelo's works. Uffizi director Eike Schmidt said the museum did not do its due diligence when it came to formalizing the NFT sale.

“It is extremely important to inform yourself not only from a technical point of view, but also from a legal point of view,” he said. “Some platforms where you register ownership may not provide sufficient guarantees, and you risk losing everything,” Eike continued. However, buyers of digital copies of iconic masterpieces from the Uffizi collection can theoretically display and control works of art in augmented and virtual reality.
According to the director of the museum, this could bring reputational risks for institutions that have owned real works for centuries.

According to those who support the idea, the goal is not to scatter the Italian heritage on digital platforms, but to support museums and generate income to raise "the necessary funds to protect, preserve and maintain the originals."

Where, if not in conservative and traditional Italy, could such a comical problem with the sale of NFTs arise?

In addition to the Uffizi, technology company Cinello is currently working with 10 other Italian museums, including the Palazzo Pretorio Museum and the Brera Pinacoteca.

The sale of digitized versions of classical art is a frequent, but not particularly profitable story within the crypto world. Their NFTs have already been sold at the British Museum, the Museum of Fine Arts in Boston, the State Hermitage Museum and the Belvedere Museum in Vienna.
The latter digitized and fragmented Gustav Klimt's famous painting The Kiss into a series of 10 NFTs, each priced around 000 euros.

4.In the UK, it is now possible to sue a person by sending them an NFT.

Yes, you read it right. Supreme Court of Great Britain allowed sue a person using a non-fungible token.
Is this the first time that the NFT has received the status of official legal documentation in litigation around the world? Nationally, yes.
However, in one American court a couple of weeks ago they already accepted a lawsuit through NFT.

Will you use NFT to transfer important legal documents or wait SBT tokens?

5.Polygon (MATIC) has been selected to participate in the Disney Accelerator Program.

This year, 6 companies were selected and Polygon became the only representative of the blockchain industry along with start-ups from the field of AI and AR. The Disney Accelerator will end with a demo day at Disney Studios this fall.

MATIC reacted with a 16% increase.

6. OKX crypto exchange to pay $20M for Manchester City logo image

For the 2022/23 season, the OKX crypto exchange will be the title sponsor of the Manchester City training kit, сообщается on the website of the English Premier League champions. Players of City men's and women's teams will train in T-shirts with stock exchange logos. By according to Forbes, under the contract the club will receive $ 20 million.

OKX will be a key partner for Manchester United on their world pre-season tour. The cryptocurrency company will be hosting fan engagement events in France, Spain, the UAE, South Korea, Mexico, Norway, and South Africa. In addition, OKX commissioned artist Akse P19 and Global Street Art to create street portraits of City stars Erling Haaland, Jack Grealish, João Cancela and John Stones at four locations in Manchester. These murals will feature QR codes giving fans a chance to win a season ticket to the OKX box at City's home stadium, the Etihad.

The OKX crypto exchange was founded in 2017 by Chinese entrepreneur Star Xu, and currently the company has more than 20 million users worldwide. OKX is based in the Seychelles and is the second largest crypto exchange in terms of the number of derivatives and spot transactions.

Man City are one of the most advanced football clubs in terms of digital immersion. Last December, the English champions announced a partnership with tech giant Sony to create a global online community for fans. To do this, Sony will create an exact copy of the Etihad Stadium in the virtual world. City was the first football club with a project in the Decentraland metaverse.
In addition, City were one of the first clubs to enter the NFT market as the team celebrated victory in the 2020/21 Premier League season with their release. In May of this year, City expanded its activity in this market by releasing a collection of four NFT sets on the Quidd marketplace. The club not only presented 3D player cards, but also card sets that highlight highlights in Man City's 144-year history.

7.Scam got to NEAR NFT collections.

Near Labs NFT, links to all resources have been removed and this is a vivid example of a scam scheme, Solana users and those who are immersed in NFT mints on Solana are unfortunately familiar with such schemes.

I also want to mention Near Trees, they were in fact the first scammers, they got the ragpul label and threw their holders.

Near Labs NFT, went a slightly different way and scammed not only the holders of their collection, but also took funds from the mint partners Mr Giggles, who spent the mint through their site.

Quote from twittera project:
For anyone not in the know, NearLabs stole all the money from our mint.
We are evaluating if we can find a solution to this problem, I feel very sorry for all our supporters and holders who have earned my unconditional love. The situation is very, very sad, we will keep you informed.

Now you need to carefully do the research of all projects. But by the way, I did not participate in these two projects.

News for the category unincluded borrowed and verified from the channel BCC BLOCKCHAIN ​​CULTURE