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2022-09-01 18:16:02 South Korean telecoms giant LGU+ expands further into NFT Space

According to Money Today and Chosun Ilbo, the firm, which is a unit of the LG conglomerate, will issue a new collection featuring its Moono octopus-like animated character. The collection is inspired by the success of the firm’s debut collection, which sold out in just 2 seconds after it was released on OpenSea, via the Kakao-founded Klaytn blockchain in May.

LGU+ stated that the upcoming collection would be much larger than the first. 1,000 NFTs will be issued. The collection will feature Moono office workers and their “changing emotions” over the course of the working week. The firm also revealed that all the KLAY tokens it receives from the sale would be donated to charity. It intends to withhold 100 of the new NFTs for “marketing purposes,” while the remaining 900 collectibles will be up for public acquisition during two sales to be held on September 5.

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2022-08-31 15:12:02 OpenSea Trading Volume Down 99% From All-Time High

Think the cryptocurrency market has it rough? Take a look at what happened to non-fungible tokens – aka NFTs. Data from DappRadar shows that trading volume at OpenSea – the world’s largest NFT marketplace – has fallen by 99% in less than four months. While the company contested the figure to some degree, it admitted that the substantial slowdown in activity is both real and expected.

According to DappRadar’s statistics page, the daily trading volume of ETH at OpenSea peaked above $400 million on May 1st. By comparison, the platform only generated $5 million in ETH volume on August 28th. In an email to Fortune, OpenSea noted that the figure is a bit exaggerated, as it compares a day of unusually high volume to a day of some of the platform’s lowest volume. It also said that measuring volume in ETH, rather than dollars, was preferable to eliminate ETH’s price volatility from the equation.

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2022-08-30 06:22:02 Bored Ape Yacht Club (BAYC) Flips CryptoPunks in NFT All-Time Sales Ranking

Bored Ape Yacht Club has seen its sales outperform competitor projects such as Mutant Ape Yacht Club (MAYC), Art Blocks, Otherdeed, NBA Top Shot, Azuki, CloneX, VeeFriends, and Moonbirds. More importantly, BAYC’s $2.4 billion in sales volume has exceeded one of the most successful digital collectibles projects, CryptoPunks.

Launched in April 2021, Bored Ape Yacht Club is comprised of 10,000 unique NFT digital collectible ape avatars. Like most NFTs, the project struggled in its first month generating just $37,557 in sales. There were 141 unique buyers and 176 total transactions. The average sale value was $213.39 — far below the cost of 1 ETH. Bored Ape NFT sales benefitted massively from the huge liquidity that was poured into the market and volume reached approximately $17 million.

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2022-08-29 17:03:02 ORIGIN Metaverse Announces Partnership with Latin American Inventory Group Vreal.mx

Headquartered in Querétaro Mexico, Vreal.mx, formerly known as Virket Real Estate, boasts a portfolio of over $500 million dollars in luxury real-estate in Latin America. With a team of experts in digital marketing along with dedicated real estate agents.

Vreal.mx as a Spinoff Virket has also won top multinational awards in marketing technology and innovation and are a leading partner for Google and Facebook. By providing a singular virtual real estate marketplace for users to buy, sell, and rent metaverse land as well as transact conventional real estate as NFTs safely and securely, Vreal.mx will lead the Latin American market using ORIGIN's simplified platform while making digital real estate accessible to everyone, fulfilling their goal of mass adoption with Latin America as a first step.

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2022-08-28 10:17:02 A key leader for Meta’s metaverse software is leaving the company

The vice president of Meta’s Horizon social media virtual reality software, Vivek Sharma, is leaving the company, a spokesperson said Friday. Sharma has been with Facebook parent Meta for the past six years, holding high-ranking positions in marketplace and gaming, and most recently its nascent metaverse-related business unit.

As VP of Horizon, Sharma, who is based in the Seattle area, oversaw various VR projects such as the Horizon Worlds social media service, which is akin to the online game Second Life that’s been retrofitted to virtual reality. Other Horizon products include the VR-based workplace collaboration app Horizon Workrooms, and the Horizon Venues app for live events, which was moved into the core Worlds app this summer. The spokesperson added that the Horizon team will now directly report to Vishal Shah, Meta’s VP of the Metaverse.

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2022-08-27 15:20:07 Crowds flock to Thailand Metaverse Expo 2022 for glimpse of the future

Thailand Metaverse Expo 2022 (TME) has successfully helped drive Thailand into the Web3 era. More than 50 CEOs of leading companies and gurus of the industry unveiled their visions and the event offered new business opportunities to many of the 4,000 attendees. The three-day event was held for the first time in Thailand.

Throughout the three-day event, more than 30 companies and startups from the metaverse and related industries joined the booths. Three stages showcased fresh ideas to illustrate the state-of-the-art power of the new virtual world that will seamlessly connect with the physical world. The Nation, under Nation Group, joined forces with partners “Block Mountain”, one of the largest blockchain and digital asset exhibitions in Thailand, and Metaverse XR, a metaverse tech startup, to organise this landmark event in Thailand and open it to the public for free.

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2022-08-26 18:24:02 Azuki NFT The Anime Avatar Project Killed by Its Founder

Despite hundreds, possibly thousands of NFT projects launching since the NFT avatar scene exploded in early 2021, not too many went from zero to hero, and even fewer circled all the way back. Azuki’s story is one of those: one of reaching the absolute heights of hype and falling to relative mediocrity.

Launched in January 2022 by four anonymous founders, Azuki was one of the few avatar NFT collections that everyone believed had done everything right. The execution on Chiru Labs’ part, the startup behind Azuki, was so good that many quickly became convinced the project could turn out to be “the next Bored Ape Yacht Club”—then and still the most prized NFT collection in the nascent industry. Christian Williams, the Editor-in-Chief at Crypto Briefing, wrote a column in April praising the collection.

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2022-08-26 14:16:19 Battle Infinity To Be Listed On LBANK - The 18th Largest Exchange With A 24-Hr Trading Volume Of More Than $1 Billion!

Get Ready To Fill Your Bags With $IBAT On LBank Exchange On 26th August 2022 At 12:00 PM UTC. Become A Holder Of A Token That Sold Out Its Pre-Sale 65 Days Early And Raised 16500 BNB, And Is Expected To Continue Rocketing!

$IBAT Has Seen Massive Gains Of 400% From Presale Price Even In The Middle Of The 2022 Bear Market! So Buy Now!

TOKEN INFO:
Deposit starts: 25th Aug 8pm UTC+8 /12pm UTC
Withdrawal starts:27th Aug 8pm UTC+8/12pm UTC
Current Price -$0.0058
Trading Pair: IBAT/BNB
New metaverse platform with play-to-earn (P2E) mechanics.
Built-in fantasy sports league with NFT integration
Presale sold out 66 days early, raising over $5 million.
$IBAT is also liquidity locked (1-year Lockup)
More Exchange Listings On The Way (Don't Miss Out!)
Rug-pull protected - KYC’d on Coinsniper

BUY ON PANCAKESWAP NOW
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2022-08-25 15:12:02 boAT hosts metaverse concert ‘FloAtverse

boAT has hosted a K-pop metaverse concert ‘FloAtverse’ concert on Loka, a gamified replica of the actual Connaught place in a virtual world, the company informed. The company stated that the Rashmika Mandanna was also a part of this concert. Users were given an opportunity to participate in several challenges to win massive discounts as well as a chance to fly to Seoul, the capital of South Korea.

“Through FloAtverse, we created an experience that combines the cultural trend of KPop with the latest marketing technology. During Shark Tank, I met Krishnan, the founder of Loka, and had an in-depth conversation around metaverse with him. Huge kudos to Loka and my team to get this project together,” Aman Gupta, co-founder, chief marketing officer (CMO), boAt, said. Imagine marketing limited was established by Aman Gupta and Sameer Mehta in 2013.

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2022-08-24 16:39:02 Ethereum NFT Lending Service BendDAO Aims to Solve Its Liquidity Crisis

BendDAO, which uses NFTs as collateral to loan Ethereum to borrowers, is in hot water. The project's DAO—a community centered around a shared initiative that uses blockchain-based tokens for collective voting—must now decide whether to adopt a new policy on its liquidation thresholds after seeing its treasury all but drained.

According to Etherscan data, the DAO’s wallet has since received a small influx of funds and now holds roughly 425 ETH, but things aren’t exactly stable yet. One BendDAO co-founder, a Bored Ape Yacht Club NFT holder who goes by CodeInCoffee.eth, put the new proposal to community vote Monday in an effort to stabilize the DAO’s finances and restore confidence in the lending protocol. The way BendDAO currently works is by enabling users to deposit high-value NFTs into the service and receive up to 40% of the asset's "floor price" as a loan in ETH.

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