Everything That's Happening Now Besides FTX

Some of this has been covered in recent articles, but we just want to do a sweep of all the major news in the space in the past few days. Despite everything, NFTs are absolutely killing it.

- Nike is launching a virtual studio and Web3 creator community on their own marketplace.

- Instagram has launched NFT sales on Ethereum, Polygon, and Flow.

- Starbucks has created a blockchain-based rewards program.

- Reddit launched their own PFP project.

- Yuga Labs has acquired 10KTFShop.

- Improbable, a metaverse tech company, has been valued at $3billion in a raise.

- Adidas dropped their own NFT collection.

- Azuki has partnered with F1 and Red Bull.

And finally, Art Basel will be drawing hordes of NFT afficionados for events like Metaverse Miami, NFT Now’s Gateway 2022, and World of Women's annual Gala. Things are still hot in the space, even in this crypto winter that threatens to be cold and long.