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2023-05-09 15:50:10 Shamla Tech unveils Virtual Corporate Office in Metaverse based on the Digital Twin Concept

Shamla Tech, a leading Metaverse Development Company, takes a giant leap forward in the digital world with the unveiling of their Virtual Corporate Office in Metaverse, based on the innovative and cutting-edge Digital Twin concept. This exciting development offers a revolutionizing solution for businesses seeking to enhance their operations and engage with clients like never before.

The Virtual Corporate Office is a fully immersive experience that offers businesses an interactive platform to conduct their operations. With the use of Digital Twin technology, businesses can replicate their physical offices in a virtual world, complete with customized furniture, virtual employees, and even branded signage. Digital Twin technology has been gaining popularity in recent years, and Shamla Tech is at the forefront of this trend. Shamla Tech is a renowned Metaverse Development Company that has been providing cutting-edge solutions to businesses and individuals for years. With the launch of Virtual Office using the digital Twin concept.

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2023-05-08 17:31:02 LACMA Ventures Deeper Into NFT Art With Experimental Deafbeef Collection

The Los Angeles County Museum of Art (LACMA) took a big step into the NFT world in February when it announced the acquisition of a valuable collection of tokenized artwork. But the famed art museum isn’t just collecting—it’s also working with noted Web3 creators to pay homage to classic art in new and experimental ways. LACMA’s “Remembrance of Things Future” initiative continues this week with the launch of a pair of interactive NFT collections.

The 19th-century photographer’s motion studies through chronological photo sequences—most famously “The Horse in Motion,” of a galloping horse—helped inform future film and animation, as well as other art styles. The sequences were famously referenced in Jordan Peele’s 2022 film, “Nope.” “Remembrance of Things Future” is a collaboration between LACMA and blockchain consultancy Cactoid Labs. Like other participating artists, Deafbeef was given free rein to choose works from LACMA’s permanent collection and find something that resonated with him—and that he could respond to, artistically.

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2023-05-07 12:14:02 NFT Pudgy Penguins Partnering With Great Potential Company WME

Pudgy Penguins has partnered with WME in film, television, and games, and the two sides will focus on a strategic partnership to help Pudgy Penguins reach new audiences. Founded in 1898, WME is the longest-running talent agency. In 2009, William Morris Agency (WMA) merged with Endeavor to become a leading media and entertainment company with an unrivaled roster of artists and content creators. In 2014, WME acquired IMG, a global sports, events, media, and fashion leader, to form Endeavor.

Pudgy Penguins joins a growing list of big-name NFT projects that have sought Hollywood representation contracts as a way to expand their brands and audiences. “We’re proud to announce that WME will be representing us as our official talent agency. Together, with WME’s relationships in film, TV, and gaming, we will focus on strategic partnerships that help Pudgy Penguins reach new audiences.” Prior to that, other WME NFT-related clients include Mack Flavelle, co-founder of Dapper Labs, project Boss Beauties, NFT artist pseudonym FEWOCiOUS, and artist Claire Silver. Pudgy Penguins is the 21st best-selling NFT project of all time, according to data from CryptoSlam. Since its launch in July 2021.

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2023-05-06 16:35:08 China’s Henan state-owned investment group sets up US$22 mln metaverse fund

The State-owned Assets Supervision and Administration Commission of Henan said on Thursday in a social media post that the fund, formed in April, aims to integrate resources in the culture and tourism industry and boost the development of virtual reality and metaverse sectors to build “internationally competitive digital industrial clusters.” Henan aims to expand its metaverse industry to 30 billion yuan by 2025, the province’s government stated in an action plan published last October.

Last August, Shanghai released a similar strategy to foster the metaverse industry in the city, aiming to generate 350 billion yuan in revenue by 2025. In January, a delegate of Shanghai’s Two Sessions, the city’s most influential annual political meetings, called for more regulatory efforts toward the supervision and development of metaverse. China banned cryptocurrency transactions in September 2021, but it has been bullish on the metaverse. Governments of Beijing, Chongqing, Guangzhou, Jinan and Suzhou cities, as well as the provincial governments of Zhejiang and Henan, have all released plans for metaverse expansion.

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2023-05-05 08:34:02 Solana Foundation launches NFT pitch contest for aspiring creators

In an effort “to strengthen the quality” of new non-fungible token (NFT) projects, the Solana Foundation is inviting aspiring creators to pitch the company their idea for profile-picture collections. The competition, dubbed the “NFT Showdown,” is meant to encourage artists to devise comprehensive business plans aimed at creating collections that offer “real-world utility” for the fashion, entertainment and gaming industries, among others.

“The NFT Showdown is designed to encourage a shift in the way NFT brands design their business plans prior to launching,” Austin Federa, Solana Foundation’s head of strategy, said in a statement. “Projects should consider what it will take to achieve long term success as an NFT brand.” While Ethereum has long dominated the NFT space as the blockchain of choice for top collections, rival chains like Solana have been gaining ground. With a submission window slated for early June, the 10 contest winners will be awarded with direct support from Solana. This will primarily include extensive guidance from Solana and industry experts on how to achieve “long-term success,” the foundation said in a statement.

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2023-05-04 14:19:02 Vechain To Make Prestigious Tennis Tournament Trophies 'Phygital', Showcasing Blockchain + NFT Tech To Global Audience

Vechain, a leading public blockchain foundation, recently announced its Official Partnership with Internazionali BNL d'Italia, a prestigious Tennis event hosting the top ranked players between May 8th to 21st. The scope of the partnership includes facilitating the first Tennis finals trophy NFT integration. The winners of the tournament, global masters of the sport, will take home physical trophies imbued with the power of VechainThor via embedded NFC.

For companies, it can greatly enrich the customer journey, creating new insights into the lifecycle of products and facilitating novel forms of engagement. For consumers, phygitals offer new ways to connect with brands and communities while gaining true digital ownership of an item, protected by the attributes of NFT + blockchain. In the case of high value goods, phygitals preserve value by guaranteeing authenticity and provenance, solving fraud issues within secondary resale markets. Visitors to the booth will have the opportunity to phygitalize items of their own, allowing them to discover blockchain for themselves and explore the technologies involved up close.

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2023-05-03 10:34:02 Blur NFT lending protocol gets mixed reactions from the community

Nonfungible token (NFT) marketplace Blur recently launched its collateralized lending protocol called Blend, allowing a buy now, pay later approach to purchasing NFTs. Members of the community had varying reactions. Some believe that it’s a massive development for the space, while others called on the United States Securities and Exchange Commission (SEC) to protect users against such products.

On May 1, Blur launched a peer-to-peer perpetual lending protocol called Blend, a platform it developed with the help of venture capital firm Paradigm. The protocol supports NFT collateral, and the team claims it would collect zero fees from lenders and borrowers. Meanwhile, another Twitter user thinks that the new development from the OpenSea competitor is a good distraction from the “overall negative sentiment” within the NFT space. The community member may be referring to the dwindling number of NFT buyers in April. According to data from the analytics platform NFTGo, sellers dominated the NFT market in the month.

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2023-05-02 06:47:02 $3.23 Million Worth Of NFTs Were Stolen In April, The Lowest Level At The Moment

Non-fungible tokens (NFTs) have spurred renewed interest in blockchain technology. Although this market has been slowly losing its traction recently, scam activity is not the same, this April, the level of theft on popular NFT markets has decreased but is more concentrated in Blur. According to PeckShieldAlert’s early warning and monitoring, in April 2023, NFTs worth approximately $3.23 million were stolen, a decrease of 68% from the previous month.

The recent theft of MAYC #8530, an NFT, has reignited these fears. In this post, we will go into the specifics of the robbery, the blockchain community’s reaction, and what it implies for the future of the NFT business. MAYC #8530, an NFT, was allegedly unsold for 528 days before being stolen. The most recent transaction prior to the heist was for 7.45 ETH, which is equal to $14,195.30. The MAYC #8530 sold for a 10.7 Blur Pool shortly after PeckShield’s notice. Regardless of one’s feelings about theft, it is evident that security will remain a big problem in the NFT industry. As the value and ubiquity of NFTs rise, it is expected that hackers and other harmful actors will become more focused on exploiting system weaknesses.

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2023-05-01 11:03:02 Tyrone Taborn Hosts Influential Panel on the Metaverse and Civil Rights at the National Action Network in New York

Tyrone Taborn, founder and CEO of Career Communications Group, recently hosted an insightful and thought-provoking panel discussion on "The Metaverse as a Civil Rights Struggle" at the National Action Network in New York. The event brought together renowned experts from various fields to discuss the importance of minority engagement in the rapidly evolving digital landscape. Joining Taborn on the panel were Keith Clinkscales, media entrepreneur and former CEO of REVOLT Media & TV.

The discussion focused on the potential for the Metaverse to redefine social, economic, and educational landscapes, with panelists highlighting the risks of digital exclusion and the importance of ensuring equitable access to technology for all. The panelists also addressed the critical role that education, government, and private sectors play in fostering an inclusive digital environment, ensuring that underrepresented communities are not left behind. The event, held at the National Action Network Conference, drew significant interest and attendance from local community leaders, educators, and technology professionals. The panel's powerful message reinforced the importance of collective action.

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2023-04-30 13:01:30 NFT Sales Pump 5.4% To $178M This Last Week Of April

According to CryptoSlam, an on-chain market data aggregator, the non-fungible token has experienced a sharp increase in trading sales this week, surging more than 5% in the past seven days. The NFT market has attracted a trading sales volume of more than $178 million. Ethereum-based NFT products dominated the NFT market, attracting trading sales revenue of more than $100 million. However, its sales have plummeted by 14.13%.

Solana NFTs distantly followed, raking in just $38 million in the past seven days. Its trading sales volume has soared by 1.2%. Non-fungible tokens hosted on Polygon, an Ethereum scaling solution network, have raised $7.4 million in the past seven days. Nonetheless, Polygon NFTs have fallen short in trading sales volume, flipping more than 51% this week. The remaining percentage has been shared among other networks, including Immutable X, BNB Chain, and Cardano. The number of investors who bought non-fungible tokens has risen this week, soaring more than 33% in the past seven days.

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