Metaverse & Web 3.0
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Your source for Metaverse | Web3 | GameFi news, analysis & culture. In 5 years you'll be wishing you paid more attention to this page. @Metaverse_Web3_GameFi
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Singapore Becomes First City in NEXUS World Metaverse
World, a metaverse project that includes thousands of tokenized land plots, now has its inaugural digital copy of a large city available for virtual visitors.The digital avatar of the city consists of 2,000 plots of Freehold Land NFTs.
Affyn's NEXUS World integrated mobile geolocation features to assure that every land plot in metaverse-based Singapore is associated with a corresponding location in a real-world city. Each land plot is represented by a hexagonal tile of 15,047.5 square meters (or approximately 65.9 meters per side).Lucaz Lee, founder and CEO of Affyn, highlights the importance of the new release.
Metaverse curiosity rises but 'hostile' culture bars mainstream status
curiosity around the world is booming – and 93% of consumers now term themselves ‘metaverse curious’. But major barriers to mainstream adoption still remain; in particular, the widespread abuse which the majority of current metaverse users acknowledge is prevalent across the technology.
Web3, or Web 3.0, is an idea for a new iteration of the World Wide Web. Its advocates insist it is seeking to use technology to incorporate concepts such as decentralisation, transparency and fairness into a modern transaction economy. In recent months, perhaps the most talked about part of this project has been the rise of the metaverse.
E-Verse Successfully Launched First Metaverse Concert for Neha and Tony Kakkar's 100 Million Global Fans
-verse, a Singapore-based blockchain super eco-system successfully held the biggest Metaverse concert "Musically Yours by the Kakkars" recently in November 2022 which featured India's number 1 top streaming artist Neha Kakkar and singer song-writer Tony Kakkar.
The ticketed concert event, which was live streamed at nehatony.everseapp.com, was a celebration of Bollywood fandom and cutting-edge technology. It offered an array of premium-built experiences for the stars' hardcore fans through combining real-world experiences and the Metaverse into a seamless environment. E-Verse continues to trailblaze web3 utility and entertainment.
40 years after 'Tron', filmmakers move to metaverse
create engagement, you have to have a story. In the metaverse, the creators will create the stories, and the stories they tell will create the community, just like at the beginning of time. said American film producer Donald Kushner, whose 1982 film 'Tron' is considered.
According to Variety, a US-based entertainment portal, Kushner spoke about storytelling in the age of metaverse at the Red Sea International Film Festival. According to Variety, Yat Siu, co-founder and executive chairman of Hong Kong's Animoca Brands, the subsidiary firm that created the popular decentralised gaming virtual environment.
Lawsuit Alleges Yuga Labs Conspired With Celebs Like Justin Bieber to Push Bored Ape NFTs
class action lawsuit filed Thursday alleges that a slew of celebrities—including Justin Bieber, Madonna, Steph Curry, and Paris Hilton—violated state and federal laws when they promoted Bored Ape Yacht Club NFTs while failing.
The suit, filed yesterday in the U.S. District Court’s Central District of California, named no less than 37 co-defendants—ranging from Yuga leadership to celebrities and executives. It also names MoonPay, the crypto payments startup that allegedly facilitated those endorsements. its 100-page filing tells, more or less, a single story.
DMI finds CBDCs not targeting cross-border payments, huge potential in metaverse
Digital Money Institute’s third annual payments report looks at central bank digital currencies for the first time, as well as other payment methods, through the lens of cross-border payment utility.
Central bank digital currency (CBDC) development aims squarely at inclusion, both for the central bank in the national economy and for the people it serves. Meanwhile, the technology for cross-border payments is being developed elsewhere for the most part, according to a new report on the payments industry. DMI's findings. This was the first time it included a survey of central banks.
Trader loses 70 ETH over bug in NFT marketplace Blur
bug in the new bidding system of non-fungible token (NFT) marketplace Blur caused a user to lose 70 ETH by accidentally overbidding on an Art Gobbler NFT. Paradigm-backed Blur launched on October 19, branding itself as the “NFT marketplace for pro traders.”
Blur replied to the thread saying that its policy is to refund users for platform bugs but not for user errors, adding that the platform will offer a 50% refund in this incident.After evaluating further, we see how this can be considered a bug from the user’s perspective, so we will refund 50% to traders who were affected by this UI behavior,” wrote Blur.
Atari collaborating with Pixels for print-on-demand NFT artwork
game company Atari now allows holders of its NFT collection, Atari NFT, to print framed prints and posters through a new collaboration with print-on-demand company Pixels. Atari NFT holders may connect their Ethereum wallets to AtariPrints.com.
The Atari NFT collection — dubbed 50 Years of Atari — was launched in September to celebrate the company's 50th anniversary and pay homage to the old-school Atari 2600 console. It consists of 2,600 items. Its floor price is currently 0.068 ETH ($83.37) on NFT marketplace OpenSea.Atari has long been a proponent of the web3 space.
H&M Launches Innovation Metaverse Design Story Collection At The Fashion Awards 2022
Fashion Awards 2022 was a feast for the eyes. Attracting a spree of A-listers from across the world, it was a chance for the who's who of screen and scene to demonstrate their sartorial prowess. There was lime green Gucci, there was burgundy backless Valentino.
Using the red carpet of London's Royal Albert Hall as the runway, the Swedish design house showcased 10 looks from their new Metaverse Design Story collection. Models Irina Shayk, Alva Claire and Leomie Anderson, joined musician Joy Crookes and actor Shay Mitchell, decked out head-to-toe in key pieces from the new collection, ahead of their becoming available to buy, on December 8.
AMPD Ventures (AMPD.C) expands foot-print in the metaverse
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.