💎 NFT's & Metaverse Updates💎

2022-12-06 09:25:05 A Rookie Knocks Reddit’s NFT Marketplace Out of the Park

Although Pali Bhat impressed Reddit CEO Steve Huffman during interviews to become the company’s first chief product officer last year, Huffman told Fast Company that he had been concerned that Pali hadn't worked on something like Reddit before. Bhat’s experience was with developer tools at Google, and Reddit is a community of niche communities, called subreddits, that focus on narrowly but deeply on hundreds of thousands of topics. Reddit’s NFT success is even more remarkable given that it has taken place during crypto winter. according to a report by Coinbase.

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2022-12-06 03:03:02 AMPD Ventures (AMPD.C) expands foot-print in the metaverse

AMPD Ventures (AMPD.C) announced that it is providing consulting services for a massive new next-generation metaverse content production initiative, intended to be the largest in Asia. The ‘metaverse’ and ‘web 3.0’ are sometimes used interchangeably. There are areas of intersection, but they are different. “While Web 3.0 and the metaverse aren’t the same things, they also aren’t competing entities,” confirms Smartvalor, “Both entities will likely use artificial intelligence to create a more seamless experience. We can expect Web 3.0 to use AI for semantic correlations and the metaverse to use AI for 3D construction.and future technological developments in the metaverse.

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2022-12-05 21:25:11 OpenSea: NFT creators earned over US$1 billion in fees this year

According to OpenSea, NFT creators earned over US$1 billion this year so far (based on the sales concluded between January 1 and November 23 on the platform). This amount does not include grants, various incentives, or sponsorships. Over 80% went to less popular collections. The impressive figure mentioned above only includes the revenue generated by creator fees from the resale of their NFTs. In many cases, NFT creators also gain from sponsorships, engagement incentives, as well as grants. According to OpenSea's data, only 20% of the US$1.1 billion generated this year went to the top 10 NFT collections

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2022-12-05 15:25:10 Shamla Tech Rolled Out Metaverse Platform for NUGEN at DCentral Miami 2022.

Shamla Tech is a renowned Metaverse Development company that has successfully launched the Metaverse Platform for NuGen – NUGENVERSE at the DCentral Miami 2022. NUGENVERSE is an immersive platform with all real-world amenities to offer a real life-like experience for its users. Shamla Tech is a reputed blockchain development company that provides an assorted range of web3 services and solutions. With elated clientele worldwide, the entity has splendid records of over 70 completed projects overall. They have a proficient crew of blockchain developers, metaverse developers, blockchain consultants, marketing experts.

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2022-12-05 09:14:02 Porsche will launch its first NFT collection in 2023

Porsche is making its entry into the Web3 sphere with the launch of a collection of non-expendable tokens ( NFT ). The announcement was made during Art Basel's 20th anniversary celebration in Miami, a fair that has its own space dedicated to NFT art. The collection is slated to go on sale in January 2023. According to the statement, buyers will be able to influence the design of their individual NFTs. To do this, they can choose between three central themes of the Porsche brand and integrate them into the work of art according to their preferences. There will be three routes: Performance, Heritage, and Lifestyle, and each will influence the appearance and character of digital collectibles. Designed for luxury sports lovers, it is part of Porsche's broader strategy to open up a place on the Web3.

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2022-12-05 03:03:02 Magic Eden Launches Solana NFT Tool to Enforce Creator Royalties

NFT space, especially on Solana, where effectively all marketplaces with any significant share have stopped requiring traders to pay the fees. But now the leading Solana marketplace, Magic Eden, has taken a step towards creating a more durable system to enforce creator royalties. The $1.6 billion startup today announced the Open Creator Protocol (OCP), an open-source tool that creators of new Solana NFT projects can implement to ensure that royalties are paid whenever their assets are traded on secondary marketplaces. It’s built on top of Metaplex’s existing SPL token standard for NFTs on Solana.

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2022-12-04 21:20:00 Stellantis Owned Fiat Launches Metaverse Store Using Touchcast and Microsoft Tech

Fiat, an automotive brand property of Stellantis, has launched its first metaverse-based store, which the company claims is the first showroom of its kind. The experience, which was developed with tech supplied by Touchcast and Microsoft. Fiat, an automotive brand property of one of the top ten car manufacturers in the world, Stellantis, has launched its first virtual metaverse store. The company will allow customers to try the experience they will have inside and outside one of its models, the New 500 La Prima by Bocelli, through a virtual simulation of the model. virtual process of reviewing a car more interactive.

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2022-12-04 15:25:04 Zuckerberg ripped after latest Metaverse video for $1,500 Quest: 'Still looks like crap to me'

Meta Platforms CEO and Facebook founder Mark Zuckerburg released a video Friday displaying the latest developments in his Metaverse virtual reality application to lukewarm reception. The video shows off the Metaverse's updates to its "Mixed Reality Capture" feature, which augments users' surroundings with virtual reality accouterments.The newest version of Metaverse's "Quest" software allows users to record their Mixed Reality Capture to video in real time. Zuckerburg released the demo video via social media platform Instagram, which Meta also owns.

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2022-12-04 09:25:05 Apple Forces Coinbase to Disable NFT Transfers on Its Wallet App

Coinbase’s Wallet iOS application no longer supports NFT transactions because of Apple’s strict new policies on NFTs, which were announced in October. Apple blocked our last app release until we disabled the feature,” the Coinbase Wallet account shared on Twitter Thursday. Coinbase said Apple wants to take a 30% fee on any gas fees (i.e., transaction fees on the Ethereum network) paid on NFT transfers completed through the wallet app, which Coinbase says is “not possible.”.While NFTs aren’t outright banned on Apple’s mobile app store, they are subject to a hefty 30% tax on every transaction. If developers aren’t able to implement that requirement.

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2022-12-04 03:03:01 Pantone’s color of the year was made for the Metaverse

On Thursday, Pantone announced its 2023 color of the year: Viva Magenta. A hue with a lust for life. Not the aggressive synthetic of Barbie, not the intense luxury of Valentino’s couture, not the tired millennial salmon. The shade was selected by human trend prognosticators who survey fashion and design, then interpreted by the AI tool Midjourney to create what Pantone described as an “endless new ecosystem to be explored, called ‘the Magentaverse.’” In a news release, the company called Viva Magenta, aka Pantone 18-1750, “an unconventional shade for an unconventional time.”

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