Metaverse | Nfts | News

2022-09-12 14:33:02 MetaMundo’s 3D NFT Villa Opens Questions about the Function of Architecture in the Metaverse

MetaMundo has launched its second three-dimensional NFT, an ocean-adjacent villa, complete with an NFT gallery, meditation pavilions, and entertaining areas. The structure was designed by American architect and hybrid-creative Luis Fernandez to become an immersive space for meeting, playing, and relaxing.

Architecture built for the metaverse seems to divide into two different approaches: taking full advantage of the lack of constraints, such as physics, to create a sculptural object that can be explored or reiterating familiar shapes and forms of architecture. According to architect Luis Fernandez, his approach is based not on the shape of the final object, but on functions that architecture can serve in the metaverse. For Luis Fernandez, one of the main uses of the metaverse will be meditation.

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2022-09-11 17:08:18 After The Merge, $ETH holders do NOT need to claim new tokens nor make any updates on their end.

Don't click on any links promising such swaps
Never provide your personal information
Get informed through official channels, such as #Binance

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2022-09-07 09:53:02 Sports NFT market doubles to $2.6B in 2022

According to a recent study, sports NFT market has doubled from $1.3 billion to $2.6 billion in 2022, and it is expected to see $41.6 billion by 2032. The Sports NFT market doubled from $1.3 billion to $2.6 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 36.3% to reach $41.6 billion by 2032, a study from Market Decipher shows.

Physical collectibles can be damaged and lose value over time, as opposed to digital ones. Tokenized video clips, player accessories, and cards are the top collectibles that create high returns for holders. Based on the data, NFL, Football, Basketball, Baseball, Cricket, and Ice Hockey are the branches in top demand in the sports NFT market. According to the report, the Statue of LeBron, Brett Gardener from MLB Champions, and Jermall Charlo from Lions Only GOLD ULTIMATE collection are the top three most expensive sports NFTs far.

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2022-09-06 16:33:02 Chinese Metaverse Industry Raises $780 Million in Funding

The Chinese metaverse industry has reportedly raised about $780 million in funding and there are expectations this will grow to be a $5.8 trillion industry by 2030. So far there are 160,000 virtual human enterprises in China while 20 provinces or cities in the country are reportedly supporting the metaverse.

According to a local media report, China’s metaverse industry has raised $780 million (5.46 billion yuan) in funding. In addition to 160,000 “Chinese virtual human enterprises,” there are about 20 provinces or cities that are already supporting the metaverse, the report added. Also, as per a report on the Chinese language news site, there are expectations that the market size of China’s metaverse would grow to $5.8 trillion by 2030.

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2022-09-06 14:10:39 The Ethereum Merge is an event that will shift Ethereum from a Proof-of-Work mechanism to Proof-of-Stake. Simply put, this will drastically reduce the amount of energy consumed by Ethereum, greatly improving the chain’s sustainability in the long term.

As an owner of NFTs on Ethereum, there really isn’t much to worry about come the Merge, though. Popular marketplaces and wallets will still recognize what assets you own, and you’ll be able to continue interacting with the Ethereum NFT ecosystem as you normally would.

The one area of concern when it comes to ETH NFTs is in regard to “forked chains”. As we’ve previously discussed, there is a small faction of Ethereum users (primarily miners) who will look to split off from the main Ethereum chain post-merge, keeping their own version of the chain on Proof-of-Work. While major marketplaces like OpenSea and prominent brands like Yugalabs have publicly stated they will not support the duplicate versions of NFTs that exist on these chains.

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2022-09-05 17:36:02 DAO Powered Cardano NFT Marketplace Wafini Set To Launch After The Vasil Hard Fork

Cardano is poised to undergo one of it's most significant network upgrades which would see the POS blockchain have increased speed and throughput. Wafini a new NFT marketplace looking to compete with the Likes of already established marketplaces has kicked off it's much awaited presale whitelist for initial adopters.

One of the core objectives of Wafini is to utilise multiple features that will be brought about by the Vasil Hard Fork to build a Marketplace with unique features that are yet to be seen on any Cardano marketplace. Wafini also announces the launch of the initial private seed round whitelist of $WFI Tokens, the utility-based Wafini NFT marketplace Tokens ($WFI) on the Cardano blockchain. Wafini aims to raise 1 million ADA within the next three months before listing on decentralised exchanges like Minswap.

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2022-09-05 10:47:39 $BTC Dominance is 39.75% now, which is in a historically low range. The recent decline in BTC.D may be related to the rise of ETH driven by the merge.

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2022-09-04 06:24:02 FIFA Launches NFT Collection on Algorand (ALGO)

The global governing body for football, FIFA, is launching a non-fungible token platform on Algorand. FIFA announced that it would launch FIFA+ Collect later this month on FIFA+, and fans will be able to own digital collectibles of great football moments and art.

The global football body is partnering with Algorand for the NFTs. The blockchain became FIFA’s official blockchain platform in May and will support the FIFA+ Collect NFT platform. According to the acting CEO of Algorand, W. Sean Ford, “The commitment FIFA has made to bridge to Web3 enabled by Algorand is a testament to their innovative spirit and desire to directly and seamlessly engage with football fans around the world.”

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2022-09-03 15:16:02 New Canvass to launch NFT collection on Polygon

New Canvass has revealed plans to initiate its forthcoming NFT and Social token drop for its Lustration Project on the Polygon blockchain. Polygon confirmed this development in a blog post today while unveiling the token as $LSTR. According to the post, the Lustration project drives a popular animation VR series in the fictional afterworld known as ‘The Between.’

The post describes the fictional story of Lustration as a modification of comical contents with a unified name. Polygon confirms that the story will be written and directed by the producer of Australian First Nations, Ryan Griffen. The project attracted good attention during its first season, which was shown on Meta Quests HMDs, after a world premiere at SXSW 2022. In commiseration of the event, New Canvass aims to launch the social token and a special collection of NFTs.

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2022-09-02 14:05:44 JUST IN: Ethereum founder Vitalik Buterin says in the future, crypto will be only about as volatile as gold or the stock market.

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