Disney brings back Metaverse-backer Bob Iger as CEO and NFTs get highlighted at Formula 1. All that and more in the weekly NFT newsletter!
protocol was affected by the FTX collapse leading to layoffs. Despite the effects of the FTX collapse, industry players within the NFT space are still confident in the recovery of NFTs. Meanwhile, Disney brought back metaverse-backer Bob Iger as its CEO, and check out how NFTs have taken center stage at Formula 1. And, don’t forget this week’s Nifty News featuring China-based tech companies offering FIFA World Cup fans a metaverse-like viewing experience of the soccer event.
Oscar Franklin Tan, an executive at NFT platform Enjin, says the space will stabilize and consolidate around the strongest communities. By then, the space will see a second generation of “smarter, more sustainable NFT models.”Bob Iger, known as a metaverse backer, has returned as the CEO of Disney to replace Bob Chapek. The executive is known within the crypto space after working with the digital avatar platform Genies.
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