👀 Disney invests $1.5 billion in Epic Games
To create a 'games and entertainment universe'
Hey Waivly Crew! 🌊 Disney is investing $1.5 billion in Fortnite developer Epic as part of a multiyear collaboration. Wormhole has revealed plans to distribute billions of W tokens among community members.
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New Porsche Taycan has better range and faster charging
Porsche is enhancing its inaugural electric car, the Taycan, to boost its driving range, performance, and fast-charging capabilities.
The 2025 Taycan, available in sports sedan and Cross Turismo wagon styles, offers four powertrain options, rear- and all-wheel drive variants, and a Performance Battery Plus package with a 105kWh battery. With prices ranging from $101,395 to $210,995 for sedans and starting at $113,095 for Cross Turismo models, the 2025 Taycan aims to stay ahead in the competitive EV market.
Porsche claims the 2025 Taycan will be one of the fastest-charging EVs, achieving 80% charge in just 18 minutes at 800-volt DC charging stations. The car's improved charging capabilities, reaching up to 320kW, set it apart from rivals like the Hyundai Ioniq 6 and Kia EV6.
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Disney invests $1.5 billion in Fortnite maker Epic Games
Disney is set to invest $1.5 billion for an equity stake in Epic Games, marking the beginning of a multiyear partnership focused on creating a new games and entertainment universe centered around Fortnite.
Disney CEO Bob Iger announced the move on the company's quarterly earnings call, emphasizing the collaboration's aim to extend the influence of Disney's narratives and experiences. The forthcoming universe will encompass content from Disney, Pixar, Marvel, Star Wars, Avatar, and more, allowing players to engage in a distinctly Disney manner, fostering creativity and sharing within the gaming community.
Powered by Unreal Engine, this initiative expands upon the existing collaborations between Disney and Epic Games, which have successfully engaged millions of players through Fortnite content integrations, seasonal partnerships, in-game activations, and high-profile events like the Marvel Nexus War with Galactus.
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Wormhole, the cross-chain protocol, has announced an airdrop for its native token "W," featuring a total supply capped at 10 billion tokens and an initial circulating supply of 1.8 billion.
The distribution will encompass guardian nodes, community and launch, ecosystem and incubation, core contributors, strategic network participants, and the foundation treasury. Notably, 82% of the tokens are set to be gradually released over four years, utilizing the native ERC-20 and SPL token formats.
In a funding round last November, Wormhole secured $225 million, achieving a valuation of $2.5 billion, with support from key backers like Brevan Howard, Coinbase Ventures, Multicoin Capital, and Jump Trading.
Coinbase said Wednesday in its latest "State of Crypto Report" that blockchain technology could have saved American consumers $74 billion in credit card transaction fees in 2022.
The report highlights a prevalent desire among at least three in five Americans for system updates, aiming to make transactions more cost-effective, efficient, and accessible. To arrive at this estimation, Coinbase utilized publicly available data from reputable sources, including the Securities and Exchange Commission, U.S. Census Bureau, and Statista.
Beyond emphasizing the potential savings for consumers, the report also underscores blockchain technology's broader impact on businesses, revealing that merchants spent over $126 billion on credit card transaction fees, their second-largest cost after labor.
Mastercard has unveiled an NFT-powered soccer trivia game for the 2023/2024 UEFA Champions League, allowing fans to win match tickets by showcasing their league knowledge.
The game launches 30 minutes before Tuesday night matches, starting February 13, where Mastercard customers can engage by collecting branded NFT passes on the "Pass to Priceless" platform, minted on the Polygon Ethereum scaling network. Participants will answer questions on Champions League history and statistics, with winners accumulating match tickets and climbing a season-long leaderboard.
The ultimate prize awaits the top player after the April 30 semi-finals, who will secure tickets to the Champions League Final at Wembley Stadium in London. Developed by MoonPay, in collaboration with Mastercard, the trivia contest is accessible to cardholders in the US, UK, France, Spain, and Brazil, concluding on the June 1 final.
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