NiftyNoon: What does Apple’s Augmented Reality Vision Pro Headset Mean for NFTs?
As Apple announces details of its highly anticipated augmented reality headset, many crypto-enthusiasts have begun to wonder if the tech giant will ever fully adopt NFTs (June 6, 2023)
Nifty Thought
Apple’s announcement for its Vision Pro augmented reality (AR) headset has ignited excitement around the entire world. While Meta has been working hard on its virtual reality (VR) and mixed reality (MR) headsets for a long time (previously under the Oculus branding), it has struggled to achieve any meaningful mainstream adoption. If any company is going to succeed where Meta failed, it is likely going to be Apple. Their history of packaging existing niche technology into products with widespread mainstream appeal is unrivaled. Consider, for a moment, the graphical user interface, the portable music player, and of course, the multi-touch smartphone.
While mainstream adoption of augmented reality may enhance the usability of digital objects, what is good for Apple is not necessarily good for NFTs. Historically Apple has been very hesitant to adopt open standards whenever it may displace a potential revenue driver. While Apple has previously championed open standards such as HTML 5 and WebKit, it has also been reluctant to adopt the USB C standard in its iPhones. Its upcoming move to USB C is at the hands of regulation as Apple itself did not want to disrupt its highly lucrative “Made for iPhone” lightning connector licensing program. In the same way, NFTs have the potential to displace purchases through Apple’s App Store in-app purchases feature. When iPhone sales flatlined, the company turned to service revenue, such as those from in-app purchases, for new sources of high-margin growth. This is therefore one of the most important revenue streams for Apple. The company will protect this at all costs.
Apple made headlines last year for mandating all in-app NFT purchases to pay the company’s 30% service fee. It has been very difficult to implement this in practice as Apple takes its 30% cut for purchases made on its payment rails within its own ecosystem. NFTs, built on blockchain rails, do not plug into this cleanly. Effectively this means that meaningful integration of NFTs into iOS and VisionOS apps is a matter of when, not if.
Highlighted News
Apple introduces highly anticipated Apple Vision Pro:
https://twitter.com/apple/status/1665810474934607872?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
US SEC charged Binance; U.S.-based affiliate, BAM Trading Services Inc., and their founder, Changpeng Zhao, with a variety of securities law violations:
https://twitter.com/secgov/status/1665779371108335618?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Project and Community News
Binance CEO ensures systems are stable, including withdrawals, and deposits, following SEC charge:
https://twitter.com/cz_binance/status/1665742100845961217?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Blur announces Blur TVL has reached a new all time high of $160.82 million:
https://twitter.com/blur_io/status/1664711215308763141?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
OpenSea API running a 4 hr brownout window from 10am-2pm Eastern Standard Time where un-keyed API calls will return an error:
https://twitter.com/apiopensea/status/1665721438249144320?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Momoguro presents Momoguro: Legends of Uno:
https://twitter.com/momoguronft/status/1665781547931140098?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Jack Butcher shares 005: VVR:
https://twitter.com/jackbutcher/status/1665795255906578432?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
RTFKT extending the @RTFKT x @RIMOWA Forging event until June 7th, 11:59pm CET:
https://twitter.com/rtfkt/status/1665704835889463296?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
@ColeThereum account hacked:
https://twitter.com/superthereum/status/1665912283959111682?s=46
Suiswap announce partnership with @okxweb3, giving you the chance to share 68,000,000 SSWP and discover a new adventure:
https://twitter.com/suiswap_app/status/1665008392895713283?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Sappy Seals announce the psyop campaign has now been extended to Instagram and TikTok:
https://twitter.com/sappysealsnft/status/1665133213725908993?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
MapleStory Universe call out to Doodles:
https://twitter.com/maplestoryu/status/1665705039304744966?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
SEC sues Binance and CEO Changpeng Zhao, citing US securities law violations:
https://twitter.com/watcherguru/status/1665741316318429184?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Bitcoin Bandits share they have built an app that allows you to burn your current NFT on Solana and inscribe it on Bitcoin Ordinals as a DIGITAL ARTIFACT:
https://twitter.com/banditsbtc/status/1664737786451173378?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
The Ordinals Club announce Official T.O.C BRC-20 token:
https://twitter.com/theordinalsclub/status/1662821022674964482?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Video of people in Shenzhen, China shilling $UNI irl with titles such as “The first Uniswap Asian Summit” and “Guest: CEO of Uniswap”:
https://twitter.com/thegrasscrown/status/1664624192019636224?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Quick Stats:
OpenSea Daily Volume: 2,000 ETH (▼ 11.39%)
Blur Daily Volume: 9,822 ETH (▼ 1.36%)
BTC: $25,747.68 (▼ 4.07%)
ETH: $1,814.94 (▼ 3.13%)
Solana: $20.08 (▼ 7.36%)
Polygon: $0.83 (▼ 6.90%)
NFT Daily Winners:
🦉 Moonbirds: 2.15 ETH (▲ 1.37%)
⛩️ Azuki: 17.79 ETH (▲ 1.30%)
🥔 Potatoz: 3.10 ETH (▲ 0.81%)
🦧 Bored Ape Yacht Club: 46.83 ETH (▲0.30%)
🚬 CryptoPunks: 51.99 ETH (► 0.00%)
🏳️🌈 Chromie Squiggles: 10.90 ETH (► 0.00%)
🧬 Clone X: 2.71 ETH (► 0.00%)
🐈⬛ VeeFriends: 1.99 ETH (► 0.00%)
NFT Daily Losers:
🧟 Mutant Ape Yacht Club: 9.99 ETH (▼ 0.30%)
🌈 Doodles: 2.26 ETH (▼ 1.72%)
🏴☠️ Captainz: 9.38 ETH (▼ 1.98%)
🐧 Pudgy Penguins: 4.65 ETH (▼ 2.60%)
🥃 Proof Collective: 7.45 ETH (▼ 3.25%)
🧝🏼♀️ DigiDaigaku: 3.28 ETH (▼ 5.20%)
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