Metaverse | Nfts | News

2023-04-28 07:16:02 Solana NFT Market Tensor Overtakes Magic Eden In Trading Volume For The First Time

According to Flipside, on April 26, the Solana NFT Tensor market overtook Magic Eden for the first time in terms of single-day trading volume, accounting for approximately 51% of the daily trading volume of the Solana NFT market. Since announcing the funding in early March and adopting the same strategy as Blur, Tensor’s transaction volume and active users have increased significantly. In April, cumulative active users reached 20,000, a new high.

Tensor is an NFT marketplace built on the Solana blockchain (just like Blur on Ethereum), and Tensor’s first season, which kicked off September 22, 2022, ended a month and a half ago. The second season has begun as of March 6, 2023. Tensor organizes airdrops that will reward you when you meet certain conditions to incentivize users. This season, they will reward users with new rewards, which will increase activity. Less than two weeks since Season 2 started, and Tensor is already Solana’s 2nd largest NFT marketplace (after Magic Eden). In this analysis, you will be able to observe the evolution of Tensor from all angles. Based on the number of points, the user will receive “secret boxes”. The reward will also be equivalent to the “rarity” of the box.

Source

@Facebook_Metaverse_Nfts Open / Comment

2023-04-27 11:31:02 Coty Launches Internal Upskilling Metaverse for Global Workforce

Beauty company Coty has stepped into the metaverse, launching a virtual campus designed to upskill its global workforce. Coty – which includes brands like Marc Jacobs, Vera Wang, Rimmel, and Nautica in its portfolio – has partnered with 3D social platform Spatial to create an internal metaverse to train its 11,000-strong workforce. Coty Campus will roll out in the Fall of 2023 and will be the first-of-its-kind virtual training platform.

The metaverse generated a lot of hype when it first debuted, and consumer goods companies continue to build out virtual reality and “metaverse” platforms in sales and marketing efforts – primarily through immersive retail experiences. In 2021, for example, Nike, launched Nikeland on the Roblox platform, while Chobani hosted a virtual marathon on the same platform. For Halloween last year, PepsiCo and Frito-Lay North America gave customers the chance to immerse themselves in a digital neighborhood – Chesterville – and bring back discontinued Cheetos flavors. In recent weeks, Estee Lauder brand Clinique rolled out a new digital retail concept, The Clinique Lab.

Source

@Facebook_Metaverse_Nfts Open / Comment

2023-04-26 04:22:02 Mad Lads New Collection On Solana Rocking The NFT Market

Solana NFT is again in the spotlight with the highly successful launch of Mad Lads NFT. Since the collapse of the FTX/Alameda Research empire in late 2022, the Solana ecosystem has been in global trouble. It seemed that Solana would gradually recede, but in recent days, the keyword “Solana NFT” has once again taken over the community when the NFT Mad Lads collection caused an intense fever.

Mad Lads is the NFT collection of Backpack, a crypto wallet on Solana. Mad Lads’ art style gives us an old-fashioned feel, along with the young men’s clothing styles of the previous decades. In addition, some images are not only people but also robots or alien entities, but are still “retro”. Thereby making the collection even more unique. The Mad Lads Collection – a project tied to the burgeoning field of duo Solana Armani Ferrante and Tristan Yver – will open to public mints at 7 pm ET (23:00 UTC) Friday, an account pegged to the enhanced non-fungible token (NFT) the project tweeted late Thursday. Representing Backpack and Mad Lads are veteran KOLs who have a voice in the Solana NFT community.

Source

@Facebook_Metaverse_Nfts Open / Comment

2023-04-25 11:40:05 Bored Ape Yacht Club Copycats Dealt Legal Blow by US Court

The hugely popular non-fungible token (NFT) maker of Bored Ape, Yuga Labs, has recently won its case against copycat Ryder Ripps. According to court documents, Yuga Labs is said to have won on all counts. The creator of the largest non-fungible token (NFT) ecosystem comprising the famous Bored Ape Yacht Club, recently won a landslide over Ryder Ripps and his cohorts. The legal tussle which began last summer seems to have turned in the face of Yuga Labs.

According to court documents, Yuga Labs has won its case against the copycats of its Bored Ape digital collectible on the cause of infringement. The US Northern District Court agreed with the prosecutor's position that the RRBAYC collection created by Ryder Ripps and Jeremy Cahen was not only intended to highlight irregularities in Yuga Labs' NFT collection. Instead, it was determined that the defendant's use of the BAYC trademark did not represent fair use or due artistic expression as claimed. Not done there, the court also sided with Yuga Labs, ruling that the copycats committed false destination of origin and that the defendant's free speech claims were not tenable in this case.

Source

@Facebook_Metaverse_Nfts Open / Comment

2023-04-24 10:18:02 Blur fixes bug, affected NFT traders to get big bonuses

Blur’s chief executive officer (CEO), Pacman, has released a statement confirming that they had detected a bug at around 8 pm PT. Afterward, they disabled the bid to accept a functionality. In 30 minutes, 36 affected bids were received. The team fixed the issue and bids were enabled 30 minutes later at 11:05 pm PT. Meanwhile, bids above the floor will be canceled automatically before enabling bids are accepted.

The affected traders will be refunded twice the difference between their bid price and the proper top bid in ethereum (ETH). For example, if the top bid was 14.5 ETH and the affected bid accepted price was 15.5 ETH, the refund will be 2 ETH. The affected traders will, however, not need to sell their NFTs to get the refund, as Blur will send the amount within 24 hours. The announcement’s response was mostly positive, with most enthusiasts calling it a “classy move” and professional. However, others were concerned about the security of funds on their platform. Blur offered traders a 50% refund after a user lost 70 ETH due to an issue with the user interface.

Source

@Facebook_Metaverse_Nfts Open / Comment

2023-04-23 09:07:02 Marvel Studios Founder Announced The Release Of NFT Collection

According to CoinDesk, Mythos Studios, an intellectual property (IP) entertainment firm formed by David Maisel, the founding chairman of Marvel Studios, has announced the release of the Ekos Genesis Art Collection, which is currently available in a virtual gallery at ekos.io. The auction will run 88 minutes and celebrates the 15th anniversary of the theatrical premiere of “Iron Man,” the first picture in the Marvel Cinematic Universe, for producer Louis D’Esposito.

Bidding will begin at 10 Ether (ETH) and then decline by 0.5 ETH every four minutes until the price reaches 0.5 ETH. If the whole collection has not already sold out, the price will be reduced to 0.2 ETH during the last eight minutes of the auction. A Dutch auction is a sort of auction in which the price begins high and gradually drops until a bidder accepts the current price. It is a prominent approach in financial markets and has gained popularity in the NFT industry owing to its simplicity and transparency. The Ekos Genesis Art Collection is the newest addition to the thriving NFT market, and it comprises one-of-a-kind artwork from a diverse group of brilliant artists.

Source

@Facebook_Metaverse_Nfts Open / Comment

2023-04-22 13:02:02 Entertainment Industry Veteran Praises $SHIB Metaverse’s Potential for Hollywood

Shiba Inu ($SHIB), a decentralized cryptocurrency project inspired by the popular internet meme of the Shiba Inu dog breed, has made significant strides in its “SHIB: The Metaverse” project. The team behind the project recently released an update on the development’s progress, which includes structural changes, new designs, and a modified roadmap. The team aims to have several areas of the Metaverse accessible to users by the end of 2023.

The team has significantly improved the development infrastructure of SHIB – The Metaverse, focusing on providing users with a more photorealistic experience. To achieve this, the team has adopted Unreal Engine 5.1, which has streamlined their workflow process and reduced the time spent on troubleshooting. The team is working on developing several tools to enhance the user experience, including the Plot Builder and the Avatar Builder. The team also shared a sneak peek of the next Hub to be revealed, Rocket Pond, which promises to take users to new heights and offers a glimpse of the Metaverse’s expansive world.

Source

@Facebook_Metaverse_Nfts Open / Comment

2023-04-21 11:45:07 Meta opens its Horizon Worlds VR metaverse to teenagers

Meta’s metaverse platform Horizon Worlds lets people create their own 3D environments, which other users can then explore (Meta). Horizon Worlds has been intended for use by adults only until now. However, 13-17 year-olds in the US and Canada will be able to access the virtual world “in the coming weeks”, with other countries expected to follow. Meta says it has introduced “a robust set of age-appropriate protections and safety defaults”.

Horizon Worlds lets people create their own 3D environments, which other users can then explore. This is where potential issues for younger users arise — any platform with user-generated content is likely to surface stuff unsuitable for kids, regardless of how rudimentary the building tools are. The platform is also home to curated areas and mini-games, including battleground Arena Clash and a virtual comedy club. Horizon Worlds was launched in December 2021 in the US and Canada, before being released in the UK in June 2022. The app reportedly failed to meet Meta’s expectations. An initial goal of 500,000.

Source

@Facebook_Metaverse_Nfts Open / Comment

2023-04-20 12:16:02 STEM Metaverse launches summer camp for young learners

Ed-tech platform STEM Metaverse has announced the launch of its three-month long online summer camp starting from April 18, 2023. The camp is designed for young learners to help them learn valuable skills and make the most of their summer, an official release said. This camp is accessible to students in PAN India and offers a range of fun and engaging activities that encourage experiential learning, the release added.

The camp activities are divided into two parts – Explorer and Advance. The Explorer camp is meant for students who want to try out a new skill and see if it interests them, while the Advance camp enables students to dive deeper into their programme of choice. The Explorer camp gives a feel of a variety of programmes suh as Creative Writing, Code a Game, Robotics, Indian Art forms, YouTubing and Become a Young Scientist, and Solving a Murder Mystery. The Advanced Camp, on the other hand, is best suited for Middle schoolers. It is outcome oriented and gives students a detailed and practical understanding, with programmes such as Becoming a Published Author, Building an App-controlled Car, Advance Python, Decrypting Algorithms, and Acrylic Painting.

Source

@Facebook_Metaverse_Nfts Open / Comment

2023-04-19 19:28:02 Gucci metaverse head Robert Triefus to step down

Robert Triefus, a veteran of Gucci, is reportedly set to exit the luxury brand 15 years after he initially joined. Triefus’ departure comes just six months after he was appointed chief executive officer of Gucci Vault and Metaverse Ventures, which he took on alongside his position as senior executive vice president, corporate and brand strategy. A Gucci spokesperson confirmed the news to WWD, stating that Triefus would be leaving the company on April 30.

The statement continued: “Throughout his years at Gucci, Robert has played an instrumental role in ensuring that the brand has been recognised for its leadership in its approach to brand and client engagement, and more recently to new business initiatives, by capitalising on Gucci’s unique DNA and values while always embracing change and innovation along the way.” In his latest role as metaverse head, Triefus oversaw opportunities for brand expansion and scaling in the digital space, while also holding responsibility for Gucci Vault, the company’s experimental online space launched in September 2021.

Source

@Facebook_Metaverse_Nfts Open / Comment