NFT Market Update - 7th June, 2022

Proposed crypto bill by Senator Lummis and Gillibrand is the most comprehensive piece of crypto legislation to date and includes ending SEC’s oversight of most crypto, and creating $200 tax exemption.

Ethereum NFT Game Illuvium sold $72M+ in digital land plots on Sunday.

Epic Games Store is set to feature its first Web3 title, GRIT by Gala Games. GRIT will feature both cryptocurrency and NFT elements, as well as Fortnite-like gameplay.

Justin Aversano’s opened Quantum LA, a physical NFT Gallery to foster real-world Web3 artists and communities.