The thrilling dance punk band Datarock shared a new single “Metaverse.” “Metaverse” is taken from the new album Media Consumption Pyramid which is out today with YAP Records. The tempo is baseline beat-heavy and combines sounds of hip-hop amongst the unlikely blend of retro-futuristic electrorock. The intentionally stimulating sound and visual demands us to dance, regardless of residence, in an effort to engage with ourselves in a freeing and illusive meditative movement.
Datarock announce that ‘this track sums up and brings forth the best parts of the collaborative, and collective nature of the entire body of work assembled on our new album. Secondly, it reflects the lyrical content of Media Consumption Pyramid as a whole, encapsulating a center core of our signature endeavors, going back all the way to our early days while simultaneously shining a light on that primal need to dance.’ Aldea enlighten us on their creative process by suggesting they ‘utilized cutting-edge technology to produce a series of music videos, each distinctively crafted for four tracks from their new album. In the world where A.I. meets creativity, these advanced models translate the core emotions and narratives of the music into compelling visual experiences.’
Funko and Marvel collaborate on collectible physical and NFT figure
Marvel Comics and Funko have announced they’re working together on a new digital/physical figure via VeVe that features Iron Man. Releasing on October 18th, the collaboration “merges the realms of physical and digital collecting.” Marvel and VeVe have been in the NFT business since 2021 after VeVe announced its plans to be the first-ever carbon-neutral NFT platform. The collaboration is in celebration of 60 years of the character’s rich comic book history.
The first Funk Gold premium vinyl collectible will feature Iron Man with only 3,000 pieces available, costing $150, with a matching digital collectible figure available on the VeVe platform included with every purchase. “Our approach to collectibles is centered on creating new ways for fans to show off their most treasured IPs,” said Steve Nave, Chief Financial Officer and Chief Operating Officer. “Being able to be a part of Marvel’s celebration of Iron Man through this collaboration with VeVe is the perfect way to show Funko’s commitment to collectability and ability to bring fandoms to fans in all forms.”. Veve has committed to 100% carbon neutral NFTs as well as offering grants to help causes, but when they will reach carbon neutrality remains to be seen.
China’s Trademark Office Grants Approval for NFT and Virtual Asset Trademarks
China’s Trademark Office approves NFT and virtual asset marks, highlighting recognition of their importance. China’s recognition of the growing importance of virtual assets, the Chinese Trademark Office has recently approved several marks related to NFTs and metaverse goods and services. This development showcases the country’s commitment to embracing the digital economy and solidifying its position within the global economic landscape.
The approvals granted by the Chinese Trademark Office cover a wide range of digital assets and functionalities, underscoring the comprehensive nature of their recognition. Notably, they have acknowledged the authenticity of downloadable digital files through the use of NFTs. This recognition extends to various virtual goods, including those intended for retail purposes and entertainment. This recognition plays a crucial role in facilitating e-commerce within virtual environments and further enhances user experience. Additionally, avatars, digital overlays, and skins, which contribute significantly to the immersive nature of online virtual environments, have also been included in the approved list.
Desi partners with AI lifestyle metaverse platform
A robotic humanoid musician has joined forces with an AI lifestyle metaverse platform to create a virtual entertainment experience for fans. Desi, the robotic humanoid musician, and LightCycle have come together to help revolutionise how music stars and artists connect with fans in the virtual realm. Edwin Eyre, the co-founder of Yaya Labs, said: "We are thrilled to announce our exciting partnership with LightCycle, the groundbreaking virtual city powered by Unreal Engine 5 and real-time edge rendering.
"Our flagship product, Desi the robot, will play a pivotal role in enhancing user experiences within LightCycle. With cutting-edge AI technology and blockchain security, Desi will seamlessly integrate into this multi-industry virtual hub, offering users and merchants an unparalleled and immersive cultural experience. Meanwhile, Sara Ezen, the CEO of LightCycle, has described the cutting-edge technology and its potential impact as being "next-level". Sara said: "Desi has shown the world what is possible through the limitless possibility of AI and how it can enhance creativity in the music world. It’s mind-blowing to see this in action, as she ad-libs through her spellbinding performances.
Accenture, Microsoft uses Metaverse to Unite Decision-Makers
This week, the World Economic Forum (WEF) partnered with Microsoft and Accenture to scale its Global Collaboration Village, a Metaverse space for international business leaders and decision-makers. The expansion plans to add a Polar Tipping Points Hub to the Metaverse service. WEF designed the new virtual space to bring global stakeholders from businesses, governments, and academia to collaborate over climate concerns virtually.
The Polar Tipping Points Hub unites business leaders in a VR collaboration space containing interactive features to help attendees visualize and understand emerging climate issues. The immersive collaboration environment leverages live VR simulations and interactive features that allow visiting decision-makers to discuss challenges and share insights. The immersive space enables for enhanced collaboration opportunities for sustainability use cases such as polar warnings, according to the WEF. The group believes that immersive tools such as the Metaverse can drive positive productivity and sustainability outcomes for businesses getting ready for the future of work.
Rarible Partners With Ethereum's Mantle Network To Launch NFT Marketplace Mintle
Rarible, one of the leading NFT marketplaces, has announced a partnership with Ethereum Layer 2 network Mantle Network. The new marketplace, Mintle, supports NFT trading on the Mantle Network. Rarible founder Alex Salnikov told Benzinga, "Rarible's collaboration with Mantle Network and the launch of Mintle underlines our commitment to fostering multi-chain NFT ecosystems."
Rarible said that the new secondary NFT marketplace is part of its cross-chain strategy. Rarible stated it has over $27 million in NFTs traded across Ethereum, Polygon. “As NFTs become more mainstream, we believe it's essential to deliver a seamless, user-friendly, and cost-efficient trading experience across various chains. Our partnership with Mantle Network signifies another step towards our cross-chain vision, as we aim to make the NFT space more accessible and diverse.”. Mintle is built on the open-source Rarible Protocol. Rarible said 4000+ applications use the protocol that Rarible token holders and the delegate community govern.
NFT creators seek alternatives after OpenSea cuts royalties
Several non-fungible token (NFT) creators and artists are seeking alternative platforms to sell their work after OpenSea stopped mandating creator royalties at its marketplace. NFTs represent some of the most promising profit opportunities for digital artists. With NFT royalties, creators can earn a percentage of the sale each time an NFT is sold and subsequently resold. Many creators, including pseudonymous generative artist Zancan, hope NFTs will empower independent artists with an additional source of revenue.
OpenSea’s decision comes during a difficult time for the entire NFT market that saw significant declines. The Forkast 500 NFT Index hit a new all-time low of 1,999.14 points on Sept. 19. “Removing royalties is shooting a bullet in one’s foot,” Zancan, the creator behind Garden, Monoliths NFT collection, told Forkast. “I’m a supporter of artists’ royalties. This is the best thing that’s ever happened to artists and the art world at large. This is a major point in the reason why anyone would adopt blockchain technology to distribute their art or collect the art.” Zancan’s Garden, Monoliths is a Tezos-based NFT collection that generated over 1.2 million worth of Tezos (US$788,040) in secondary sales. With a 15% royalty fee, the collection generated over US$118,000 of royalties for the creator.
Grant Yun Presents Sole NFT in Sotheby’s ‘Contemporary Curated’
Artist Grant Yun’s piece, “The Last Supper,” is set to be auctioned in Sotheby’s next Contemporary Curated sale, according to a tweet from Michael Bouhanna, VP and Head of Digital Art at Sotheby’s. Its inclusion represents a significant milestone in both the art world and the world of digital assets. In a collection of over 300 captivating pieces, Yun’s creation stands out as the sole representation of the Web3 space. While Yun will present his 1/1 both physically and digitally, his work of art will be the sole NFT amidst the other physical masterpieces.
Launched in 2013, the Contemporary Curated series invites individuals from various creative domains to select works that resonate with their own artistic sensibilities, influenced by their roles in fashion, film, music, and more. This season’s curator is NBA All-Star Kevin Love, who is an avid art collector and philanthropist. Previous curators include Kelly Rowland and Virgil Abloh. “The Last Supper,” created by Yun in 2022, features a captivating composition that centers around 13 cows positioned in front of a cattle gate. Yun’s signature green, blue, and white shades infuse the piece with a unique and captivating vibrancy. “Jesus Christ this might be my fav piece I made all year,” Yun tweeted in November 2022.
ApeCoin DAO currently voting in favor of sister DAO to acquire influential NFTs
The AIP-297 proposal was co-authored by Animoca Brands co-founder Yat Siu in July, with an objective to "position ApeCoin as the culture token to power the broader web3 ecosystem," according to the voting page. The proposed list of floor price NFTs to be acquired includes eight Bored Ape Yacht Club, 12 Mutant Ape Yacht Club, 15 Bored Ape Kennel Club, 15 Cool Cats, 15 World of Women and 12 Pudgy Penguins. The NFTs will be managed by a community-governed vault, with decisions made by sister DAO members holding at least 1 APE token ($1.16), the page adds.
The proposal would enable the sister DAO to lease the NFT IPs to APE holders, with potential APE grants on offer soon. The authors argue this will benefit the ApeCoin ecosystem by leading to greater adoption and utility for ApeCoin beyond its current applications, enabling the community to utilize the NFTs without having to deploy capital and own the NFTs themselves. The proposal's recommended budget of 750,000 APE from the ApeCoin DAO treasury includes 500,000 APE for purchasing NFTs across various marketplaces that "align with the vision and values of ApeCoin" and 250,000 APE reserved for future NFT purchases and initial vault maintenance.