Weekly NFT News Digest: July 29-August 4, 2023

We present the NFT news digest for the past week from July 29 to August 4. Follow the links to learn more about each news.

And here are the main market news for this week:

1. Binance finally launches the innovative The AI NFT Generator Binance Bixel after two beta tests. This high-profile event has been a great opportunity for Binancians users from all over the world to generate AI-based NFTs powered by BNB Smart Chain.
2. Proof Collective, led by renowned NFT influencer Kevin Rose, has announced the release of Grails Season IV. This time the issue includes 1075 NFTs from 20 well-known artists, whose names will be revealed only on August 11 after the end of minting. It is on August 11 that a live presentation of all the authors will take place.
3. On July 31, Yuga Labs announced the acquisition of Roar Studios, the developer of ROAR, an immersive media content marketplace where artists and their fans connect and collaborate in real time.
4. Animoca Brands, one of the top investors in the Web3 space and creator of The Sandbox Metaverse, announced a $30 million investment in a financial app called hi to expand the usefulness of NFTs across the industry.
5. On August 1, crypto exchange Kraken has announced a new format of cooperation with the British racing team Williams Racing. Namely, the NFTs, which are listed on the crypto exchange, will participate in the competition, as a result of which 6 NFT winners will decorate the team’s cars during the Formula 1 Grand Prix.
6. On August 4, Yuga Labs and game developer and publisher nWay announced their collaboration and the launch of Wreck League. This collaboration will mark the first time in history that the acclaimed heroes Curtis, Gary, and Blue from the Yugaverse transcend the mother universe and are presented outside of the context of the OtherSide metaverse.