Square Enix Launches FF7: Nifty Newsletter, July 20-26

The Open Metaverse Alliance for Web3 was created by blockchain platforms to set standards for NFTs.

Newsletter

In this week's newsletter, find out how game developer Square Enix plans to launch Final Fantasy VII digital collectibles. Learn about the new Open Metaverse Alliance for Web3 and how NFT sales will fund artwork restoration efforts in Ukraine.

In other news, you can find out how an NFT of a falling man was removed from the GameStop marketplace following community pressure. And, don't forget this week's Nifty News roundup with a prank gone wrong resulting in the loss of 100 Ether (ETH).

Square Enix Partners with Enjin to Launch Final Fantasy VII Collectibles

Game development company Square Enix has collaborated with NFT platform Enjin to release digital and physical collectibles from the popular Final Fantasy VII (FF7) video game. Digital collectibles will be linked to their physical counterparts which will be available in the Square Enix store.

To acquire the FF7 digital collections, fans must redeem the code found on the physical products on the NFT platform called Efinity Network. According to the announcement, the FF7 collection will be available on Efinity in 2023.

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Web3 Platforms launch the Open Metaverse Alliance

The Open Metaverse Alliance for Web3 was created by a number of blockchain platforms including Alien Worlds, Animoca Brands, Dapper Labs, Decentraland, MetaMetaverse, Space, Superworld, The Sandbox, Upland, Voxels, and Wivity .

The alliance will be a Decentralized Autonomous Organization (DAO) to ensure transparent governance. The DAO aims to establish standards for NFTs, portals between worlds and interoperability.

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