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✅ Official Metaverse and NFT Information Channel✅
Mark Zuckerberg changed Facebook’s name to Meta and announced the plan to create a new virtual world (Metaverse).
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The latest Messages 42
2023-04-11 14:50:07
NFT Aggregator Market Heats up as OpenSea Pro Overtakes Blur
Having lost its title as the world’s most popular NFT marketplace to Blur in February, Opensea has launched a major counteroffensive. When using the relaunched aggregator, users are able to browse listings from over 170 NFT marketplaces, including OpenSea. It also equips them with aggregated cross-market data and a suite of tools. Designed to help collectors and traders optimize how they buy and sell NFTs.
Significantly for OpenSea, the recent relaunch appears to have been well received by the community. Two key metrics of platform use — daily active users and new wallets created — spiked significantly throughout the week. From a 54.8% share of all NFT aggregator users on Monday, by Saturday, Blur’s share had declined to 27.%. Meanwhile, OpenSea Pro saw its daily user base surge from 18% to 57% of aggregator users in the same time period. The Drop is a way to reward Gem’s early adopters. Anyone who bought an NFT on Gem before March or the end of March is able to claim a free Gemesis NFT between April 4 and May 4.
Source
@Facebook_Metaverse_Nfts
276.8K views11:50
2023-04-10 12:06:02
Mintoo, PDAX team up to launch Pinoy artists in metaverse
A collaboration between Mintoo and the Philippine Digital Asset Exchange (PDAX) led to the launching of a new digital art collection for its Artist Series dubbed as “New Horizon.” The collection features a slew of thoughtfully-curated digital art masterpieces made by established and emerging Filipino NFT artists. PDAX CEO Nichel Gaba said these new digital assets will revolutionize their market as the country’s top cryptocurrency exchange app.
“As a cryptocurrency exchange, we’re always looking for ways to innovate and provide our users with new and exciting opportunities. Having Mintoo on the PDAX app will expand our offerings to include digital collectibles and provide Filipinos with the tools and resources they need to participate in this market. This is something which is very timely since we believe that this new technology is on the verge of revolutionizing the way we think about ownership and value,” said Gaba. Meanwhile, Mintoo, a home-grown digital collectibles marketplace, saw the opportunity to help Filipino artists to enter and connect with the growing NFT industry.
Source
@Facebook_Metaverse_Nfts
114.3K views09:06
2023-04-09 11:12:02
OpenSea Releases New Wallet Function Update Helps Users Simplify Operation
OpenSea announced on social media a number of enhancements, including the wallet feature, aimed at enhancing the platform’s user experience. The wallet has been updated to simplify ETH packaging/unsealing even more, to provide real-time balance refresh, and to update the collection order mode. The service will be simpler when the new function is updated, and network navigation will be easier after the in-app blockchain transition.
OpenSea announced a series of updates, such as the wallet function, aimed at improving the user experience of the platform, including wallet upgrades to further simplify ETH packaging/unsealing, support real-time balance refresh, collection order mode update, added NFT quotation depth option and quotation option added NFT feature filter. After the new function is upgraded, the service will be simpler, and the network navigation after the in-app blockchain switch will be easier. At the same time, users can accurately understand their transaction amount and view the latest floor price and maximum bid in real-time.
Source
@Facebook_Metaverse_Nfts
219.1K views08:12
2023-04-08 10:19:02
Solana To Launch State Compression: Store 100 Million NFTs For Only $1193
Solana’s ecological team launched a state compression function to store any data on the chain, starting with compressing NFTs. Storing 100M compressed NFTs costs only $1193. Solana, a blockchain platform, has announced its ecological team’s release of a state compression function. This innovative technology, which can be used to store any data on the chain, is expected to revolutionize the world of blockchain.
Compressed NFTs are just like regular NFTs, only drastically cheaper. The cost of minting 100 million compressed NFTs is only 1193 US dollars, compared to ◎1.2mm for their uncompressed counterpart. In fact, every incremental compressed NFT is solely a modification of an existing tree, which means the cost of an NFT on Solana is now as little as the cost of a single transaction (◎0.000005)! State compression makes elegant use of a well-known data structure and brings it to bear at the speed of Solana, once again proving Solana is the best place to build scalable, user-first web3 products. Although state compression can be used to store any data on-chain.
Source
@Facebook_Metaverse_Nfts
61.9K views07:19
2023-04-07 10:05:03
Meta says new focus on generative AI could boost metaverse development
Meta Platforms Inc., the parent of Facebook and Instagram, is investing heavily in artificial intelligence (AI) and this will benefit its metaverse businesses, which fell short of expectations last year, Meta’s Chief Technology Officer Andrew Bosworth told Nikkei Asia. Bosworth said generative AI will help develop the company’s metaverse plans, saying it will allow users to create their personalized virtual worlds based on text input to the AI.
The company formerly known as Facebook rebranded as Meta in October 2021 in a sign it was pivoting to metaverse-related businesses. Despite spending billions of dollars investing in its virtual platform, Horizo`n Worlds, its metaverse division Reality Labs posted a loss of US$13.7 billion last year. Meta’s Zuckerberg also announced that 2023 would be a “year of efficiency” for the company, winding down its non-fungible token (NFT) operations on both Facebook and Instagram. According to Google Trends, netizens have been gradually losing interest in metaverse as a search term over the last year, with its popularity decreasing 76% compared to its yearly peak in March 2022.
Source
@Facebook_Metaverse_Nfts
151.9K views07:05
2023-04-06 08:19:02
Donald Trump Pleads Not Guilty, NFT Collection Sales Increase 172% In 24H
Sales of Donald Trump‘s Trump Digital Trading Cards continued to surge as the former US president appeared to refuse to accept allegations related to his Mar-a-Lago estate. Former President Donald Trump pleaded not guilty to 34 felony counts of falsifying business records after being indicted by a Manhattan grand jury last week. Former US President Trump has been officially arrested and becomes the first former president in US history to be criminally charged.
Former President Donald Trump began a speech at his Mar-a-Lago estate hours after he was charged with criminal charges. Donald Trump claimed the “fake case” was made “just to interfere in the upcoming 2024 election” and said it should be “dropped immediately.” Later, CNN and other American media also reported that Trump was arrested. Trump left a Manhattan criminal courtroom after pleading “not guilty” to 34 felony counts of falsifying business records. According to OpenSea, the Trump NFT series sold a total of 30 units within an hour of his appearance in court and 47 within six hours. With jumps its sales jumped 172% in the last 24 hours.
Source
@Facebook_Metaverse_Nfts
268.0K views05:19
2023-04-05 05:48:02
NFT Platform OneOf Acquires Blockchain Rewards Company Tap Network
Non-fungible token (NFT) platform OneOf has acquired blockchain rewards tool Tap Network to help large companies connect with their consumers in Web3. As a part of the launch, OneOf is launching the OnePlatform, a turnkey option for companies looking to expand into Web3 that combines elements of e-commerce, data and loyalty programs.
Tap Network, founded in 2018, allows consumers to redeem loyalty points or cryptocurrencies for real world products and services from major brands. It has partnered with companies such as internet browser Brave, rideshare company Uber, entertainment firm Warner Music Group and more. Lin Dai, CEO and co-founder of OneOf, told CoinDesk that integrating Tap Network will help onboard more companies and customers into Web3 via e-commerce. Dai told CoinDesk that OnePlatform will include a multi-signature wallet, allowing Web3 natives and newer users alike to access.
Source
@Facebook_Metaverse_Nfts
293.3K views02:48
2023-04-04 07:14:02
Hangzhou Court Sentenced A Defendant To 3 Years In Prison For Stealing NFT
The Gongshu District Procuratorate of Hangzhou City, Zhejiang Province, filed a public prosecution a few days ago, according to the daily inspection report. The defendant Chen was sentenced to three years in jail, suspended for four years and six months, and fined 7,000 yuan by the court. On July 20, 2022, Chen unintentionally uncovered a flaw in the login procedure of a specific digital collecting platform.
Mr. Wang from Hangzhou is a player in the digital collection. Wang paid 299 yuan in July 2022 to acquire a digital collection on an internet site. Due to restricted sales, the value of this digital collection swiftly increased, and Wang was overjoyed. This heightened the network platform’s alertness, and platform experts promptly analyzed the server logs to see if there was any aberration in the database. The findings revealed that more than 30 user accounts were logged into the same IP address at the time, and 21 consumers’ digital collections were sequentially resold.
Source
@Facebook_Metaverse_Nfts
157.4K views04:14
2023-04-03 04:43:02
Amazon’s NFT Marketplace Launches Digital Collectibles From Beeple & Pudgy Penguins’s Creators
Beeple and Pudgy Penguins Could Appear on Amazon’s NFT Marketplace. The platform will release digital compilations from well-known encrypted producers in the NFT market, such as Beeple and Pudgy Penguins. Amazon will operate the NFT platform on a private and permissioned blockchain that it controls, according to the conditions of a non-disclosure service agreement.
Another classified document verified that the NFT marketplace will use a private blockchain, and that Amazon Web Services (AWS) will be the primary provider. According to numerous sources, the firm has entered into a number of secret agreements in preparation for the debut of the NFT marketplace. Amazon also disclosed to product partners that it will collaborate with Artifact Labs and Proof Collective, in addition to Beeple and Creator Creator. The blockchain powering Amazon’s digital collectibles is gas-free and read-only, and it puts stringent limitations on NFT creators, partners, and — ultimately — the firm consumers after debut.
Source
@Facebook_Metaverse_Nfts
98.3K views01:43
2023-04-02 14:44:02
Disney Reportedly Axing Metaverse Division Amidst Company Restructuring
The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised of 50 people, has been axed — this being part of the 7,000 layoffs.
Disney, the well-known entertainment behemoth, seems to have lost interest in the metaverse. According to reports coming from the Wall Street Journal (WSJ), the metaverse unit of the company was wholly disintegrated in the latest round of layoffs that CEO Bob Iger announced on March 27. Disney’s headcount by 7,000, aiming to cut costs by $5.5 billion. In a memo sent to employees, Iger justified this move stating that it was “part of a strategic realignment of the company, including important cost-saving measures necessary for creating a more effective.
Source
@Facebook_Metaverse_Nfts
111.5K views11:44