Napoleon Dynamite cast reunites in Web3 animated series, Sega’s blockchain game and more…

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The main cast of the cult-classic film Napoleon Dynamite is reuniting for an animated series that will be released using blockchain technology.

According to According to a September 27 report from Hollywood news outlet Deadline, the stars of Napoleon Dynamite have all joined voice characters in CyKo KO, an animated interpretation of Rob Feldman’s comic of the same name, with a 12-minute pilot to launch on. Web3 streaming service Rewarded.TV.

Napoleon Dynamite is a 2004 independent comedy that developed a worldwide cult following despite being shot in just 22 days and having a limited budget of $400,000. The main cast includes Jon Heder, Tina Majorino, Efren Ramirez and Jon Gries.

Heder, who played Napoleon Dynamite, will take on the role of the main character, who also bears the same name as the show. CyKo KO follows the story of a hero and his sidekicks who protect the colonies of “SuperEarth” from enemies and gigantic monsters. A 12-minute pilot is reportedly in the works at this stage.

As part of the show’s fundraising process, Rewarded.TV will host the sale of CyKo KO NFT collectible card packs on October 1st.

The packs start at $59 a pop and were developed in partnership with Theta Labs. Hodler of the NFTs will gain access to all season 1 episodes of the series along with other shows and movies on Rewarded.TV.

Monthly prizes and a chance to meet the CyKo KO cast or cameo in the pilot were also advertised.

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Cyko KO NFT drop: Rewarded.TV

The Web3 streaming platform allows users to earn RPLAY tokens and NFT rewards for time spent watching media, while people can also earn from launching their own content.

Sega’s first blockchain game

Japanese gaming giant Sega is set to release its first blockchain game through Oasys’ Layer-2 network called HOME verse.

According to Tuesday announcement by Oasys, the game is based on the Romance of the Three Kingdoms mythology, which is by Sega. SANGOKUSHI TAISEN an arcade-based card game franchise

The game itself will be developed and powered by double jump.tokyo and it will consist of a digital collectible card game, most likely with a PVP battle mode attached to it.

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Artwork from SEGA’s SANGOKUSHI TAISEN game franchise: Oasys

While it doesn’t represent a triple-A-grade game launch, the move is significant because it shows that Sega is finally ready to dip its toes into the blockchain gaming market.

Speaking to Cointelegraph at the Tokyo Games Show 2022 earlier this month, the representative of Oasys director Ryo Matsubara emphasized that big gaming companies in Japan such as Bandai Namco, Sega and Square Enix all have a long-term vision for blockchain-based gaming.

“They don’t [want to] to change that policy. They really understand the future adoption of blockchain. They don’t think about, you know, just the income, they want to create the next future [of gaming],” he said.

Related: Anonymous makes many accusations against Yuga Labs and its Bored Ape Yacht Club

PUBG creator looking at the game from Metaverse next

Brendan Greene, the creator of the wildly popular survival shooter game PUBG, has revealed his next game called Artemis will be a Metaverse-focused title that will likely have NFT and blockchain elements.

Greene noted in an interview with Hit Points on Wednesday that the game will allow players to create whatever they like in a large open world, and that digital items like NFTs will be incorporated so that users can get value out of the game through digital goods.

“We are building a digital place. That must have an economy, and it must have systems at work. And I do believe that you should be able to extract value from a digital location; it has to be like the internet where you can do things that will make you money.”

“But it’s not about, like, Chanel and Louis Vuitton. It’s some kid named AwesomePickle selling awesome skins because he understands what people want,” he added.

Mega ETH borrow against Mega Mutant Apes

One foolish NFT collector used NFT lending platform Arcade to borrow 1,044 Ether (ETH) against two of their Mutant Ape Yacht Club (MAYC) NFTs this week.

At the time of writing, 1,044 ETH is worth $1.33 million, and the hodler, who goes by @fragmentxyz on Twitter, used the borrowed capital to buy another rare MAYC NFT for 1,000 ETH.

Under the loan repayment terms, @fragmentxyz has an interest rate of 18% APY, which must be paid within 90 days. The move marks a new method for extracting liquidity from NFTs without selling them (in theory) and suggests that the hodler is betting that there is no significant price volatility for MAYC NFTs over the next three months.

Other Nifty News

Christie’s has launched its own dedicated NFT “on-chain auction platform”, allowing auctions to be carried out fully on-chain on the Ethereum network.

The Walt Disney Company could be expanding into the crypto space after posting a new job for an “experienced corporate attorney” to work on “emerging technologies” such as NFTs and the Metaverse.