NFT Market Update - 25th August, 2022

The Ethereum Foundation shared the official start date for the Merge set to be between September 10-20th.

Transformers Director Michael Bay has formed a deep partnership with Jadu AVAs to develop an AR game platform. Michael Bay also created rare BAY designed AVAs that are a part of the collection.

4K Protocol, a Web3 project that connects real assets to NFTs, partnered with Arcade, the DeFi lending platform, to launch decentralized loans against physically backed luxury watch NFTs. Users mint NFTs tied to their assets and guarantees a 1-to-1 ownership via storage providers and asset authenticators.

M&M’s released limited edition candy featuring the Bored Ape Yacht Club in partnership with @therealkingship