Tiffany, Pomellato, and other luxury brands are creating and marketing NFTs to reach young potential consumers in China, despite the country banning NFT trading (Yaling Jiang/South China Morning Post)

Yaling Jiang / South China Morning Post:
Tiffany, Pomellato, and other luxury brands are creating and marketing NFTs to reach young potential consumers in China, despite the country banning NFT trading  —  As in the rest of the world, the metaverse is generating marketing buzz in China.  Unlike the rest of the world …

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Luxury auction house Christie’s launches Christie’s 3.0, an Ethereum-based platform for NFT art in partnership with Chainalysis, Manifold, and Spatial (Cameron Thompson/CoinDesk)

Cameron Thompson / CoinDesk:
Luxury auction house Christie’s launches Christie’s 3.0, an Ethereum-based platform for NFT art in partnership with Chainalysis, Manifold, and Spatial  —  Christie’s 3.0 has teamed up with Chainalysis, Manifold, and Spatial to sell NFT artwork on Ethereum.  —  Luxury auction house Christie’s …

Meta is letting select Instagram US creators test a toolkit for minting NFTs and selling them on and off the platform, and says it won’t charge fees until 2024 (Kate Irwin/Decrypt)

Kate Irwin / Decrypt:
Meta is letting select Instagram US creators test a toolkit for minting NFTs and selling them on and off the platform, and says it won’t charge fees until 2024  —  Instagram will soon have NFT creation and trading tools built in, but in-app purchases will be “subject to applicable app store fees.”

Updated App Store guidelines say that apps may sell NFTs via IAP and display NFTs, provided that NFT ownership does not unlock in-app features (Filipe Espósito/9to5Mac)

Filipe Espósito / 9to5Mac:
Updated App Store guidelines say that apps may sell NFTs via IAP and display NFTs, provided that NFT ownership does not unlock in-app features  —  Following the release of iOS 16.1 and other software updates on Monday, Apple has updated the App Store guidelines to revise some existing rules and add new ones.

ICA Miami and other museums continue to collect and display NFTs even as the market sinks, arguing digital art has a long history and valuations are unimportant (Farah Nayeri/New York Times)

Farah Nayeri / New York Times:
ICA Miami and other museums continue to collect and display NFTs even as the market sinks, arguing digital art has a long history and valuations are unimportant  —  ICA Miami owns a few, and M.F.A. Boston and others are selling them to reach new audiences “in a world where Instagram and Siri are prevalent.”

What Are the Benefits of Digital Identity in the Metaverse?

As students head back into classrooms this fall, some schools are already using the metaverse for teaching and learning. Yet, according to Jaime Donally, engagement director at Identity Automation and a former EdTech K–12 influencer, the metaverse doesn’t exist — at least, not to its full potential.
“There are elements of the metaverse that are happening, but the metaverse itself is not open-ended like the metaverse will need to be,” Donally says. “Immersive experiences layering augmented reality information have been increasing, but it doesn’t mean that the metaverse exists today.”
As school…