We know it's tough keeping up with everything that is going on in the Web3 space; that’s why at NFT Sydney, we strive to bring you the juiciest news through our newsletters. Stay in the loop by subscribing here.

The launch of the second stablecoin in Australia, namely AUDN, by the National Australian Bank (NAB) aims to boost the digital economy and put a spotlight on institutional-based cryptocurrency. The following report from the Massachusetts Institute of Technology (MIT)clearly explains the challenges and possible benefits.

https://static1.squarespace.com/static/59aae5e9a803bb10bedeb03e/t/63c01f1bcf425f01973b4889/1673535260873/MIT+DCI+%26+Maiden+Labs+-+CBDC+%26+Financial+Inclusion+%28Jan.+2023%29.pdf

The L'Oréal-owned company NYX Professional Makeup announced on 11 January that it is creating a DAO named GORJS and 1,000 Ethereum NFTs called the "FKWME Pass" as an online beauty "incubator."

https://decrypt.co/119513/loreals-nyx-makeup-brand-launches-dao-ethereum-nfts-redefine-beauty

https://gorjs-dao.gitbook.io/nyx-gorjs-dao/about

https://twitter.com/NYXCosmetics/status/1612841760753057792?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1612841760753057792%7Ctwgr%5E1d8df8c0adae60bf4f2f0d01be5b62f788ec3b6a%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fdecrypt.co%2F119513%2Floreals-nyx-makeup-brand-launches-dao-ethereum-nfts-redefine-beauty

With a new "multiyear, multibillion-dollar commitment," Microsoft claims it is extending its long-standing collaboration with OpenAI. The funding comes just after Microsoft was supposed to have committed $10 billion to OpenAI, the company behind well-known AI technologies like ChatGPT and DALL-E 2.

https://www.theverge.com/2023/1/23/23567448/microsoft-openai-partnership-extension-ai

Yuga Labs has launched Dookey Dash, an NFT-gated endless runner game that has registered more than $35.7 million in trading volume. In its debut week, the players have traded the Sewer Pass NFTs, which give access to the game, 9,601 times.

https://dappradar.com/blog/dookey-dash-sewer-pass-nft-trading-volume-first-week

In a recent tweet the artist announced : "extremely excited to announce the GRAND OPENING of BEEPLE STUDIOS on March 11th in Charleston!! I am so pumped for the entire community to use this space and for the opening event we've got works from:

@XCOPYART@refikanadol @deekaymotion @blakekathryn

@muratpak @smeccea @ashthorp1 @Coldie @gmunk @chelseaevenstar

https://twitter.com/beeple/status/1615777350645592064

Read the latest report from one of the most accredited companies in the blockchain ecosystem.

https://consensys.net/?p=27160&preview=true&_thumbnail_id=27161

Golden Wolf, an Emmy-nominated animation company, has been bought by the playful non-fungible token (NFT) collection Doodles. The two businesses previously collaborated on the Doodles2 announcement at NFT NY in 2022. The agreement's terms weren't made public.

https://www.coindesk.com/web3/2023/01/23/nft-collection-doodles-acquires-emmy-nominated-animation-studio/

The "Decentralized Autonomous Organization Toolkit" from the World Economic Forum is the result of an extensive debate with over 100 experts.

https://www3.weforum.org/docs/WEF_Decentralized_Autonomous_Organization_Toolkit_2023.pdf

Enjoy reading!

**

QOD “The greatest glory in living lies not in never falling, but in rising every time we fall.— Nelson Mandela”

NFT PILL Newsletter is brought to you by @Simo

Disclaimer: The information provided in this newsletter is for general informational purposes only and should not be construed as financial, investment, or other professional advice. Any reliance you place on the information provided is strictly at your own risk. The content is not intended to be a substitute for professional advice or judgment and should not be relied upon for that purpose. NFTSYD makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the newsletter or the information, products, services, or related graphics contained in the newsletter for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will NFTSYD and its contributors be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this newsletter.

We know it's tough keeping up with everything that is going on in the Web3 space; that’s why at NFT Sydney, we strive to bring you the juiciest news through our newsletters. Stay in the loop by subscribing here.

The launch of the second stablecoin in Australia, namely AUDN, by the National Australian Bank (NAB) aims to boost the digital economy and put a spotlight on institutional-based cryptocurrency. The following report from the Massachusetts Institute of Technology (MIT)clearly explains the challenges and possible benefits.

https://static1.squarespace.com/static/59aae5e9a803bb10bedeb03e/t/63c01f1bcf425f01973b4889/1673535260873/MIT+DCI+%26+Maiden+Labs+-+CBDC+%26+Financial+Inclusion+%28Jan.+2023%29.pdf

The L'Oréal-owned company NYX Professional Makeup announced on 11 January that it is creating a DAO named GORJS and 1,000 Ethereum NFTs called the "FKWME Pass" as an online beauty "incubator."

https://decrypt.co/119513/loreals-nyx-makeup-brand-launches-dao-ethereum-nfts-redefine-beauty

https://gorjs-dao.gitbook.io/nyx-gorjs-dao/about

https://twitter.com/NYXCosmetics/status/1612841760753057792?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1612841760753057792%7Ctwgr%5E1d8df8c0adae60bf4f2f0d01be5b62f788ec3b6a%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fdecrypt.co%2F119513%2Floreals-nyx-makeup-brand-launches-dao-ethereum-nfts-redefine-beauty

With a new "multiyear, multibillion-dollar commitment," Microsoft claims it is extending its long-standing collaboration with OpenAI. The funding comes just after Microsoft was supposed to have committed $10 billion to OpenAI, the company behind well-known AI technologies like ChatGPT and DALL-E 2.

https://www.theverge.com/2023/1/23/23567448/microsoft-openai-partnership-extension-ai

Yuga Labs has launched Dookey Dash, an NFT-gated endless runner game that has registered more than $35.7 million in trading volume. In its debut week, the players have traded the Sewer Pass NFTs, which give access to the game, 9,601 times.

https://dappradar.com/blog/dookey-dash-sewer-pass-nft-trading-volume-first-week

In a recent tweet the artist announced : "extremely excited to announce the GRAND OPENING of BEEPLE STUDIOS on March 11th in Charleston!! I am so pumped for the entire community to use this space and for the opening event we've got works from:

@XCOPYART@refikanadol @deekaymotion @blakekathryn

@muratpak @smeccea @ashthorp1 @Coldie @gmunk @chelseaevenstar

https://twitter.com/beeple/status/1615777350645592064

Read the latest report from one of the most accredited companies in the blockchain ecosystem.

https://consensys.net/?p=27160&preview=true&_thumbnail_id=27161

Golden Wolf, an Emmy-nominated animation company, has been bought by the playful non-fungible token (NFT) collection Doodles. The two businesses previously collaborated on the Doodles2 announcement at NFT NY in 2022. The agreement's terms weren't made public.

https://www.coindesk.com/web3/2023/01/23/nft-collection-doodles-acquires-emmy-nominated-animation-studio/

The "Decentralized Autonomous Organization Toolkit" from the World Economic Forum is the result of an extensive debate with over 100 experts.

https://www3.weforum.org/docs/WEF_Decentralized_Autonomous_Organization_Toolkit_2023.pdf

Enjoy reading!

**

QOD “The greatest glory in living lies not in never falling, but in rising every time we fall.— Nelson Mandela”

NFT PILL Newsletter is brought to you by @Simo

Disclaimer: The information provided in this newsletter is for general informational purposes only and should not be construed as financial, investment, or other professional advice. Any reliance you place on the information provided is strictly at your own risk. The content is not intended to be a substitute for professional advice or judgment and should not be relied upon for that purpose. NFTSYD makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the newsletter or the information, products, services, or related graphics contained in the newsletter for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will NFTSYD and its contributors be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this newsletter.