In this week’s newsletter, read about footballer Cristiano Ronaldo’s latest nonfungible token (NFT) collection and the new StepN Go app, which allows users to earn tokens while moving. Check out how The Sandbox will decentralize its governance and how the company Rabbit denied the allegations hurled by Coffeezilla. 

Cristiano Ronaldo unveils fourth NFT collection with Binance despite $1-billion lawsuit

Football star Cristiano Ronaldo released the fourth iteration of his NFT collection in partnership with crypto exchange Binance. The collection will be available on Binance’s NFT marketplace and features highlights celebrating Ronaldo’s career.

The footballer said his journey allowed him to travel and play for prestigious clubs. With the collection, the sports star said it’s his audience’s turn to join him in the journey through the NFTs.

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StepN Go app lets users share digital sneakers and split earnings

The creators of StepN, a Solana-based move-to-earn (M2E) blockchain game, launched a new application called StepN Go. The latest project is a social lifestyle app that rewards social interactions and daily movements. With the new app, users who walk, jog and run with digital sneakers can earn a newly launched token called the Go Game Token.

Yawn Rong, co-founder of Find Satoshi Lab — the company behind the M2E projects — said that in addition to its current features, they will eventually “implement player-versus-player elements within the app.”

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The Sandbox launches The Sandbox DAO with 25-million-Sand treasury

Metaverse gaming platform The Sandbox launched its decentralized autonomous organization (DAO) called The Sandbox DAO. With the DAO, holders of The Sandbox (SAND) token and virtual LAND NFT holders can vote on the platform’s governance.

The DAO initiative will have three phases. The first one allows voting for holders; the second phase explores whether the DAO can be self-reliant; and the third phase is when the DAO will be fully community-driven.

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AI firm Rabbit rejects Coffeezilla’s NFT scam accusation

Artificial intelligence (AI) company Rabbit responded to the NFT scam allegations published by the YouTube investigator Stephen Findeisen, better known as “Coffeezilla.” In a statement, a Rabbit representative told Cointelegraph that they have been transparent with the rebranding from Cyber Manufacturing Co. into the current company.

Rabbit also claimed that most of its employees joined the firm after the rebrand. In addition, the representative said that Gama NFT, the alleged NFT scam, was just one of Rabbit founder Jesse Lyu’s projects that had already concluded when it was open-sourced.

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Thanks for reading this digest of the week’s most notable developments in the NFT space. Come again next Wednesday for more reports and insights into this actively evolving space.