NFT Market Update - 29th July, 2022

a16z crypto announced they are leading a $50M round for Veefriends to help the team fuel expansion plans for its creative, technical and experiential operations.

The mayor of Miami announced a partnership with TIME, Mastercard and Salesforce to launch an NFT initiative designed to drive revenue to local businesses and non-profits through rewards offerings.

Fewocious is dropping an exclusive 250 piece edition with Billboard Chart Stars, holders get access to future FewoWorld, Paint Parties, tickets to billboard events, and more.

ApeCoin DAO passed a proposal to transform Bored Ape Gazette into a 24-hour style news site.

Axie Infinity CEO reportedly moved $3M in tokens before $622M hack but he says the claims of insider trading “are baseless and false”.