Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.
Top Stories This Week
Mastercard files 15 metaverse and NFT related trademarks
Multinational payments giant Mastercard filed 15 applications for NFT and metaverse trademarks, joining the ranks of competitors Visa and American Express who have taken similar action recently as well.
Notable applications include those for an online marketplace for digital goods, virtual reality events and communities, and Mastercard payment processing in the Metaverse. Furthermore, the firm is aiming to virtually trademark its “Priceless” slogan via tokenized text, audio and video.
Another filing outlines an intention to get Mastercard’s branding and name on sponsorship deals for metaverse-based sporting events, concerts and festivals.
Fortnite creators Epic Games raise $2B from Sony and LEGO to fund metaverse plans
Epic Games, the creators of the wildly popular Fortnite game, raised $2 billion in funding at a valuation of $31.5 billion. The round was led by Sony and The Lego Group’s holding company, Kirkbi.
The funds will go towards scaling Epic Games’ Metaverse plans, with chief executive officer and founder Tim Sweeney stating that the capital will help create “spaces where players can have fun with friends, brands can build creative and immersive experiences and creators can build a community and thrive.”
While there may not be a crypto or NFT link there specifically, Epic Games is also the developer of Unreal Engine, one of the most prominent game engines. The latest iteration, Unreal Engine 5, is able to facilitate the creation of NFT-based play-to-earn (P2E) games, offering a strong signal that the firm is eyeing the sector.
Ripple claims ‘a very big win’ in SEC case
Ripple Labs scored a “very big win” in its long-running dispute with…