Web3 Watch: NFTs Return to Minecraft, Coinbase Provides ENS Usernames

Metaverse company MyMetaverse has recently found a way around Minecraft developer Mojang’s recent NFT restriction

article-image

Minecraft

share

key takeaways

  • Vulcan Forged game studio closes $8 million Series A round led by Skybridge Capital
  • Bored Ape Yacht Club and Azuki NFTs have had the top NFT sales within the last seven days

NFTs for healthcare

NFTs are tackling the UN’s sustainable development goals. 

The Women in Innovation Fund (WiN Fund), co-founded by Reckitt, is using the proceeds from NFTs sales to invest in women-led healthcare startups in Africa, addressing the UN’s third such goal — good health and well-being.

NFTs for good causes is a growing concept, and the benefits of blockchain for healthcare and democracy are being explored in countries with unstable leadership. 

Women are more attuned to the healthcare needs of their community, according to Corinne Momal-Vanian, the executive director of the Kofi Annan Foundation. “Women entrepreneurs – from what we’ve seen in Africa — can drive innovation, can drive efficiency and can really have a place in the healthcare ecosystem that governments cannot fill,” she said at a UN-adjacent roundtable discussion in New York this week.

Representatives from the World Health Organization and the World Economic Forum also participated.

WiN Fund co-founder Pradeep Kakkattil, reminded the audience of an “unacceptable” statistic: Only 2% of venture capital investments globally go to women-led enterprises, despite the fact that women-led businesses deliver 35% higher returns and create 6 times more jobs. 

Loading Tweet..

Coinbase partners with ENS 

Coinbase has teamed up with the Ethereum Naming Service (ENS) to create its own Web3 usernames.

Built on top of ENS infrastructure, Coinbase usernames are ENS subdomains that contain a ‘.cb.id’ at the end, rather than ‘.eth.’

Users can then replace their 42-character address with a personalized wallet address.

Users who already own an .eth domain now have the option to transfer the ownership of the ENS name to a Coinbase Wallet and choose between a Coinbase username or an existing ENS username as the primary username for that wallet.

A .cb.id username is not tied to Ethereum and can be used on multiple networks to send and receive crypto.

Loading Tweet..

Simplified wallet addresses have recently surged in popularity during the last few months of the bear market. Since July, ENS registrations have increased by 200%, and the total volume of NFT sales has increased by 80% in the past three months, as per NFTGo data.

Latest NFT loyalty program: Scotch & Soda

Amsterdam-based lifestyle brand Scotch & Soda is upping its consumer loyalty program by launching NFT-based membership for Club Soda 3.0.

Holders are granted exclusive access to merchandise and events, as well as the ability to co-create clothing with Scotch & Soda partners. 

Each NFT acts as a membership card to what is called the “Free Spirit” community of Scotch & Soda lovers.

Loading Tweet..

Cloud software company Salesforce chose Scotch & Soda to debut its pilot NFT Cloud service to help companies make and manage NFTs.

NFTs back in Minecraft?

Minecraft developer Mojang recently banned NFT support inside Minecraft client and server applications, but MyMetaverse has found a way around the new restriction.

The metaverse company re-implemented playable NFTs not only on Minecraft game servers, but also on modified versions of Grand Theft Auto (GTA).

Using NFTs running on Efinity, a Polkadot parachain developed by gaming platform Enjin, MyMetaverse works with developers who build third-party servers atop of Minecraft and GTA 5 core games.

Simon Kertonegoro, CEO of MyMetaverse, told Blockworks it works similar to how WordPress allows people to use their technology to create custom websites. “These servers are self-hosted, modified instances of the game, running independently of Mojang or Rockstar,” Kertonegoro said.

Thus, Mojang and GTA parent-company Rockstar have no official affiliation with the NFTs.

“The modified versions allow the game to connect with crypto wallets and recognize NFTs in the game, which the user can then use as in-game items,” he added.

GameFi by the numbers

  • Blockchain gaming studio Vulcan Forged secured $8 million in a Series A funding round led by the investment firm SkyBridge Capital, founded by former White House Communications Director Anthony Scaramucci. The round includes the option to invest an additional $33 million. Funding will go toward accelerating the growth of “Metascapes,” a play-to-earn feature that allows Vulcan users to build their own land in the metaverse. Vulcan Forged has about active 200,000 users across 15 games and decentralized applications (dapps).
  • Blockchain game Splinterlands sold out its newest card pack edition, Riftwatchers, in less than 2 minutes, pocketing $5.2 million on the sale of 500,000 packs. Within hours, members of the community had also purchased 30,000 previous card packs, according to the company. 25 million SPS — Splinterlands’ native token — was either immediately burned or sent to the SPS Foundation DAO.
  • Immortal Game, the company taking the game of chess into Web3, has closed $15.5 million across two rounds, including a $12 million investment in July. TCG Crypto led the Series A round — backers Cassius, Greenfield One, Sparkle Ventures, Kevin Durant and Rich Kleiman’s 35V, Blockwall, Kraken Ventures and Spice Capital also participated. It plans to use the funding to build out its platform, which is currently in beta form for users who wish to opt in to the game’s play-and-earn system.

Get the news in your inbox. Explore Blockworks newsletters:

Tags

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Brooklyn, NY

SUN - MON, JUN. 22 - 23, 2025

Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon, happening June 22–23, 2025 in Brooklyn, NY. This is a 36-hour IRL builder sprint where developers, designers, and creatives ship real projects solving real problems across […]

recent research

Featured.png

Research

Helium stands at a pivotal moment in its evolution as a decentralized wireless network, balancing rapid growth, economic restructuring, and global expansion. With accelerated growth in domestic DAUs and Hotspots supporting its network, Helium is leveraging strategic partnerships and innovative proposals to scale internationally. The recent implementation of HIP 138, “Return to HNT,” has unified its token economy under HNT, simplifying participation and strengthening liquidity, while HIP 139’s phase-out of CBRS refocuses efforts on scalable Wi-Fi offload. Meanwhile, governance shifts under HIP 141 raise questions about centralization as Nova Labs consolidates control over the roadmap.

article-image

The DeFi Education Fund has ideas on how the crypto-friendly SEC can bring Commissioner Peirce’s vision to life

article-image

“Be prepared to do more with less,” Framework Ventures’ Michael Anderson said

article-image

Q1 may have been “frustrating,” but things are looking brighter for Q2

article-image

Tokens worth 20% of the current supply of the TRUMP memecoin launched by the president are set to be unlocked tomorrow

article-image

A crypto-industry lawsuit is “moot” now that Joint Resolution 25 has been signed into law

article-image

Fed Chair Powell assured markets that the labor market is in “good place,” dependent on price stability