💎 NFT's & Metaverse Updates💎

2022-11-13 15:25:06 Soccer Superstar Lionel Messi Joins NFT Game Sorare as Investor and Brand Ambassador

Lionel Messi, one of the biggest Argentine soccer superstars, has announced his participation as an investor and brand ambassador in Sorare, an NFT (non-fungible token) game. Sorare hopes that Messi’s presence will improve the way in which the company relates to users, setting new standards in this regard. Lionel Messi, one of the biggest soccer superstars and current player on the PSG soccer club, is now a brand ambassador and investor in the NFT card trading game Sorare. The presence of the player is directed to grow Sorare’s brand and improve the quality of the interactions the brand has with its users. Messi’s deal would also include the creation of new experiences on the platform.

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2022-11-13 09:25:05 32,000 World Cup Player & Team NFTs released by Basement Sports

Basement Sports, a mixed reality gaming company, is dropping 32,000 unique Country & Player NFTs (1,000 for each of the 32 qualifying teams) on Day 1 of the 2022 World Cup. The minting - which costs $25 per player - will happen through the Basement Sports app where users get to choose. "There has never been a soccer fan club like this, with gaming options where your character comes to life," says Basement Sports Founder, Arman Rousta, "By minting their own player NFTs, worldwide futbol fans get exclusive access to game features, Kidcoin rewards, sports merchandise and VIP experiences - both virtual and real world.".

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2022-11-13 03:14:01 Bored Ape Yacht Club NFT Prices Fall After FTX Sinks Crypto Market

Crypto prices are down across the board this week amid news of FTX’s liquidity crunch and alleged mismanagement of customer funds—and the market turmoil may be extending into the NFT world, as well. Popular Ethereum project the Bored Ape Yacht Club is seeing sinking prices as ETH falls and owners potentially panic-sell their valuable NFTs. According to data from NFT Price Floor, the cheapest available Bored Ape Yacht Club NFT on the market (i.e. the “floor price”) is listed for 57.5 ETH as of this writing, or about $76,400. Measured in ETH, that’s a 7% drop over the last 24 hours. But measured in USD, given the declining value of ETH (which is down 13% this week), it has fallen almost 24% over the past day.

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2022-11-12 21:25:00 Abu Dhabi Global Market launches mediation in the metaverse

The ADGM Arbitration Centre, the state-of-the-art hearing facility for arbitration and mediation situated in the international financial centre of the UAE’s capital, launched a world’s-first service that hosts mediation in the metaverse. Mediation enables parties to negotiate a settlement of their dispute with the utmost confidentiality. By using the latest Web3 technology available, ADGM’s “mediation in the metaverse” service will provide a more immersive experience, enhancing virtual mediation by allowing the participants to access a 3D office space. This virtual space will be based on the physical space within the ADGM Arbitration Centre, with video imaging of participants integrated into the virtual surroundings.

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2022-11-12 15:25:07 AI and metaverse technologies boost training and streamline onboarding for employees

In 2022, many businesses are now starting to benefit from the application of AI and metaverse technologies in providing streamlined training and onboarding for employees. Combining AI and metaverse technologies affords companies an incredible new opportunity to train and equip people with the necessary skills to navigate the future of work. Indeed, the very nature of the future of work across a multitude of different sectors will be hugely impacted by new AI and metaverse technologies. It’s estimated that over 23 million jobs will be impacted by virtual reality (VR) and augmented reality (AR) by 2030, and that these technologies have the potential to deliver a £1.4 trillion boost to the global economy over the next eight years, according to recent PwC forecasts.

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2022-11-12 09:35:05 STEM Metaverse to launch the first NFT platform for kids to showcase their talent

STEM Metaverse, a leading end-to-end experiential learning platform for students, has built an in-house and blockchain-enabled NFT platform where kids can upload their artwork with complete security. The brand is all set to launch this at the exciting KukdukooArt Festival - India's biggest Art Festival for kids. Further encouraging creativity in kids, STEM Metaverse will be present at Stall DIY - 8 to launch their very special NFT platform where kids can upload and sell their NFTto earn token virtual currency that can be redeemed for educational products, courses, and content within the STEM Metaverse platform. This platform has been built, using blockchain, as a safe digital space for children to upload their artwork.

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2022-11-12 03:03:02 FTX contagion victim Deepak.eth puts NFT collection up for sale

Deepak.eth, the founder of the blockchain infrastructure Chain, listed their NFT collection for sale on OpenSea starting at 8,000 ETH. The founder of the Chain blockchain infrastructure company, who goes by the internet pseudonym Deepak.eth, took to Twitter to announce the sale of their nonfungible token (NFT) collection.The collection includes high ticket NFTs such as Tiffany Punks which will include the NFTiff and physical pendants, some Bored Ape Yacht Club characters (BAYC) and Mutants, among others. They said although the company cut ties with Alameda in the summer, it continued to keep holdings in FTX and recently made a major deposit into the exchange.

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2022-11-11 21:00:56 Ripple scores new partner to offer NFTs to billions of people

Blockchain startup Ripple is now working its way to provide users access to non-fungible tokens (NFTs). In a recent development, Ripple has partnered with Ethereal Labs via the Ripple Creator’s Fund. Ripple announced the launch of its Creator’s Fund with a $250 million commitment that helps. Ethereal Labs is a multi-disciplinary studio that leverages Web3 technology to build groundbreaking IP. This includes P2E games, the upcoming PFP collection, and the Exorian Universe. As a result, Ethereal Labs helps to bring global brands, artists, and studios on a single blockchain platform. Besides, they have also created NFTs for some of the world’s highest-regarded brands and celebrities,

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2022-11-11 17:50:09 OpenSea Pledges to Enforce NFT Royalties After Creator Backlash

OpenSea, the largest NFT marketplace by trading volume, announced today that it will continue to enforce creator royalties on NFTs following significant pushback from the community. “We will continue to enforce creator fees on all existing collections,” the firm wrote in a tweet thread. On Saturday, OpenSea said that it was reconsidering its policy towards enforcing creator royalty fees on NFTs, following a wave of rival marketplaces that had either rejected such fees or made them optional for traders to pay. A royalty fee is set by the NFT artist or creator, and typically falls between 5% and 10% of the secondary sale price. We were looking for your feedback, and we heard it, loud and clear.”

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2022-11-11 14:40:07 State-Run Chinese Newspaper Economic Daily Warns Against 'Betting Big' on the Metaverse

Economic Daily, an economic newspaper run by the Chinese state, has published an article noting problems with investing in the metaverse. The article says that metaverse investments might not be suitable for all regions of the country, comparing the trend to the explosion of new green energies not long ago. While the metaverse has become a hot topic after the Covid-19 pandemic, some have been criticizing the euphoria surrounding it. Economic Daily, a state-run newspaper in China, has dedicated a whole article to warning Chinese citizens about putting significant amounts of funds into metaverse investments. At that time, many investments were dedicated to this area, creating a surplus of energy where it was not needed.

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