[Web3] Blockchain Association in MENA region & A New NFT Royalty Model

Welcome to the Connected Church News!

This news item is part of the weekly top 5 news bulletin (from Week 3, Nov 2022) specially packaged for leaders of Nonprofits, Churches, and Faith-based Social Ventures.

In our web3 news round up we have two news items. One is about a blockchain association being set up in Abu Dhabi for the MENA region which is Middle East, North Africa, the rest of Africa and the Asia region as well. So this is going to be based in Abu Dhabi but it covers the interest of all these regions and it involves some big names like Binance, Crypto.com all of them being involved in this nonprofit, helping make a representation for the web3 future so which is a good step. The second is news about the Bored Ape Yacht Club founders releasing a model for NFT royalties.Bored Ape Yacht Club is one of the biggest NFTs and the founders have come out saying there needs to be a new royalty policy for NFTs which allows wallet to wallet transfer for free.Sounds like a great model.We will link to all the details in the show notes. Check it out.

Here is the full list of the Top 5 News Items from Week 3, November 2022 with source links from Instagram, YouTube, Twitter, WhatsApp, BAYC, Web3.

🗞️ News 1: Instagram updates web interface & rolls out in-app post scheduling tool 

Source: Instagram

🗞️ News 2: YouTube brings YouTube Shorts to bigger Television (TV) Screens

Source: YouTube

🗞️ News 3: Twitter launches Mixed Media, allowing you to mix videos, images & GIFs

Source: Twitter

🗞️ News 4: WhatsApp launches Communities, 32-people video calls & in-chat polls

Source: WhatsApp

🗞️ News 5: [Web3] Blockchain Association in MENA region & A New NFT Royalty Model

Source: Coin Telegraph | Decrypt

Any questions or thoughts? Please leave them in the comments or DM me on any of the social channels.

Natchi Lazarus

Author of The Connected Church. Social Media and Digital Marketing Consultant for Nonprofits, Faith-based Organisations, Churches, and Ministries.