14 June

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10:39 PM UTC
14 June

|

10:39 PM

Crypto News – 26th October

  1. Interpol storms into the Metaverse

InterPol – the global police organization has just unveiled what it calls “the first-ever metaverse specifically designed for law enforcement worldwide”.

Fully operational, the INTERPOL Metaverse allows registered users to tour a virtual facsimile of the INTERPOL General Secretariat headquarters in Lyon, France. In addition, users can interact with other officers via their avatars, and even take immersive training courses in forensic investigation and other policing capabilities.

Perhaps, INTERPOL wants to prepare for future metaverse expansion. “The Metaverse has the potential to transform every aspect of our daily lives with enormous implications for law enforcement,” said Mr Oberoi, INTERPOL’s Executive Director of Technology and Innovation.

  1. Azuki raises $2.5M with NFT-backed golden skateboard sale

Popular NFT project Azuki garnered attention with the auction of eight golden skateboard NFTs, which raised $2.5 million ETH in sales volume.

Specifically, holders can burn the NFTs to redeem a real-life, gold-plated skateboard. The sale is linked to the debut of what Azuki is calling its “physically backed tokens,” or PBTs. 

Chiru Labs, the creative collective behind the project, said the skateboard weighed 45 pounds and was not recommended for riding but only displaying.

  1. Apple refuses to exempt NFTs from App Store’s 30% fee

Apple has rejected calls to exempt NFTs from its 30% “Apple Tax” on in-app purchases. The tech giant codified its rules for iOS apps that handle non-fungible tokens with its first formal green light on offering in-app NFT minting, buying and selling.

However, all in-app NFT transactions must use Apple’s rails for in-app commerce, where Apple demands a 30% cut. 

Although the NFT issuers offered to reduce the tax fee by 30%, Apple refused. This is definitely a big obstacle for those who want to make NFTs more popular with the public in general and users of Apple in particular.

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