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Kevin Rose’s PROOF Acquires Ethereum NFT Team Divergence

April’s hot Moonbirds NFT drop elevated PROOF into one of Web3’s buzziest projects, and now the Kevin Rose-led startup is working on further launches, a new social platform, and more. To help bring those ambitions to life, the firm just acquired a notable development duo.

PROOF today announced that it has acquired Divergence, a London-based Web3 engineering team comprised of Arran Schlosberg and Angharad "Harri" Thomas. Both will join the PROOF as part of the acqui-hire deal, with Schlosberg named VP of Engineering and Thomas now serving as director of product for the startup.PROOF has a significant roadmap ahead for the years to come, including additional NFT drops, an exclusive in-person conference in 2023.

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Axie Infinity Sales Record A Massive Slump, Losing Over $120 Million

Axie Infinity had maintained a solid foothold in the non-fungible token (NFT) space. Through massive sales, it stood as one of the leading and most successful NFT collectibles. The network had recorded almost $4.08 billion in sales volume. But June 2022 sales seem to be a mockery of its feats over the past year.

Sky Mavis, a Vietnamese studio, launched Axie Infinity in March 2018. It’s an online video game based on NFTs. The platform has gained popularity from using Ethereum-based tokens through its gaming economy. The gaming project runs on the Ronin blockchain.The platform centers on using Axies, the Pokemon-Esque creators. In the game, players could receive Axies, the virtual pets, and subsequently breed and raise them for future use. They serve as formidable tools in gaming battles for players.

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NFT Marketplace EdenLoop Launches ‘BlockLoop’

EdenLoop is an open-designed NFT marketplace aims for Web 3.0 that implies the true decentralization of personal information on web, and protects the copyrights of digital artists. In particular, it is an ERC-20 NFT marketplace in South Korea, highly secured by expanded 2D and 3D IP security technologies.

The BlockLoop plays a significant role in connecting NFT ecosystem. The system will classify and analyze numerous algorithms in the blockchain network, and the relevant data will be collected, then connect with EdenLoop Platform. Such environment enables NFTs from all around the world built in blockchain to be searched, then trade with various tokens such as ETH at the moment, and transactions using ELT, MATIC, KLAY will be updated soon. In a words, DEX and cryptocurrency transactions will be able on EdenLoop.

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GameStop Opens Ethereum NFT Marketplace Following Company-Wide Layoffs

Video game retailer GameStop’s long-awaited Ethereum NFT marketplace is finally live, the company announced today. GameStop had first teased plans for an NFT platform more than a year ago, in May 2021.

Currently, the marketplace plays host to an array of artwork projects that run on the Ethereum mainnet as well as Loopring, a layer-2 scaling solution. GameStop previously announced a partnership to use the Immutable X layer-2 scaling network, but the marketplace notes that Immutable X support is “coming soon.”.GameStop and Immutable X launched a $100 million token grant fund to bring game developers onto the marketplace.A press release notes that gaming NFTs will be added in the future.

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PSG sells US$220,000 NFT tickets for first Japan tour in 27 years

Paris Saint-Germain F.C. (PSG), the winning football club of the French Ligue 1, is selling non-fungible token (NFT) tickets worth 30 million yen (about US$218,817) each for its friendly matches this month with local teams in Japan.

Three premium NFT tickets for each of the three games are being sold on the team’s official tour website until Wednesday.The NFT ticket will give access to the stadium’s VIP room and the VIP party where buyers can get their photo taken with PSG players. PSG is also issuing NFTs commemorating the team’s first Japan visit since 1995 in various forms of collectibles, such as video messages from players and key visuals from the tour.

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Crawley Town’s new owners raise £3MILLION in mere hours after WAGMI United NFT launch

CRAWLEY TOWN'S new owners raised more than £3MILLION in a matter of hours thanks to a new NFT launch. Crypto group WAGMI United, led by Preston Johnson and Eben Smith, completed a takeover of the Red Devils in April.And their new project - in partnership with Adidas - went live on Friday.

The idea sees fans purchase digital assets giving access to a raft of perks including voting rights on club decisions, merchandise, exclusive experiences and digital content. So far more than 9,000 of the "non-fungible tokens" have been bought using a cryptocurrency called Ether - at a cost of roughly £355 a pop. Crawley co-chairman Johnson told a Twitter live chat: "We're going to offer via this technology unprecedented access into the way a club functions day to day, week to week.

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NFTs become physical experiences as brands offer in-store minting

Nonfungible tokens (NFTs) have taken the world by storm over the last year. Digital collectibles that were characterized solely as CryptoKitties in 2017 have since evolved into famous pieces of art, digitized music, high-end fashion for the Metaverse and a way for communities to connect with others across the globe.

Even with the current crypto bear market, recent findings from the research firm Security.org found that NFT ownership has doubled over the last year, rising from an estimated 4.6 million people to 9.3 million people. The report also discovered that while the vast majority of Americans are not ready to purchase NFTs, about 16.3 million potential customers are likely to buy nonfungible tokens in the next 12 months.

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Union Bank of India enters the Metaverse

The Union Bank of India today (July 8, 2022) announced the launch of Metaverse Virtual Lounge and Open Banking Sandbox environment at an event held in Mumbai.Uni-verse, the Metaverse Virtual Lounge of the Bank will host product information and videos in the initial phase.

Union Bank of India also launched Open Banking Sandbox environment through which it will collaborate with Fintechs and start-up partners for developing and launching innovative Banking products. Sandbox environment empowers Fin Techs and developers by providing a platform which will realize their ideas.Nitesh Ranjan, Executive Director, Union Bank of India, reiterated the Bank’s commitment to facilitating.

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Elon Musk terminates $44 billion Twitter deal

SEC filing: Twitter is in material breach of multiple provisions of that Agreement, appears to have made false and misleading representations.

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Cardano NFT Loans Are Now Available For Anyone Via NFT-DeFi Bridge

While the DeFi industry on chains like Solana and Ethereum may look depressing, Cardano developers are more than happy to take their part in the cleansed niche and present their own solutions. One of those projects offers loans backed by Cardano NFTs.

Users are already using the platform's full potential by loaning ADA to anyone who is willing to use their NFT assets as collateral via smart contracts. Such NFT pieces as Clay Nation can be used for backing any kind of loan.NFT-backed loans are not a unique feature presented on Cardano only. Previously, numerous platforms on Ethereum and Solana blockchain were offering a similar service. Back in the era of the booming NFT market, using non-fungibles as loan collateral was one of the most proficient ways of getting a liquidity boost that allowed collectors to unlock the value of their investment without selling it.

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Ripple Conducts Testing of Native NFT Functionality

According to an update posted by RippleX, the development arm of the San Francisco-based blockchain company, its team of developers is now confident in the XRP Ledger’s ability to support the XLS-20 standard for non-fungible tokens.

Ripple upgraded its serves in order to let validators vote in favor of implementing the aforementioned standard. The developer team started testing whether or not the XRPL would be able to support the additional transaction load brought by on-ledger NFTs.The RippleX team was able to reach the peak sustained throughput of 2,199 transactions per second when XRP payments. The developer team also tested NFT throughput by creating a million accounts that minted 20 NFTs each.

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Lamborghini-backed GT racing team to authenticate car parts using NFTs

Vincenzo Sospiri Racing (VSR), a GT racing team backed by Lamborghini's motorsport department, has announced its partnership with nonfungible token (NFT) platform Go2NFT to launch a program that certifies racing car parts.

In an announcement sent to Cointelegraph, former racing champion Vincenzo Sospiri from the VSR mentioned that their team will build NFT certification for their race cars with Go2NFT and blockchain platform Skey Network. This will allow them to monitor and ensure the quality of the car parts. Apart from the car parts, VSR is also looking to expand the NFT certification program to official merchandise and its other products as well. According to the team, this will give fans peace of mind when purchasing branded goods.

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Insights and Breaking News on Bitcoin and the whole ecosystem.

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Over 33% of NFT Volume is Wash Trading: bitsCrunch CEO Interview

NFTs were undoubtedly the hottest topic of late 2021 and the beginning of 2022. Pushed towards mainstream adoption by projects such as the Bored Ape Yacht Club, Azuki, Okay Bears, and others, NFTs were booming.

As the overall market went into a considerable drawdown, with Bitcoin’s price losing close to 70% of its value in a matter of months, non-fungible tokens also felt the pressure. Valuations crumbled, and blue-chip projects such as BAYC saw their floor prices take a beating.Amid all this, other issues also plague the nascent industry – wash trading is apparently running rampant while copy-cat projects spawn like mushrooms.

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Ripple and British Automotive Company Lotus Cars Partner To Launch NFT

In a media release, British automotive company Lotus Cars declared plans to launch into the world of non-fungible tokens (NFTs). Lotus is to collaborate on its first NFT collection with Ripple as a blockchain partner, providing technical support on the XRP Ledger (XRPL) blockchain and a web3 NFT as a service solution, NFT PRO.

In April, Rare Air Media, the publisher of Michael Jordan's graphic autobiography, For the Love of the Game, announced its entry into the NFT market.The company went on to say that it would be launching NFTs on the XRPL in conjunction with VSA Partners, Ripple's Creator Fund's primary creative agency partner, featuring a one-of-a-kind collection of digital assets dedicated to former NBA player Michael Jordan's life and career.

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Metaverse | Web3 | GameFi pinned a photo

Get Degenpass the genesis NFT and share a pool of $2,000,000!

Degen Pass is collection of 1777 genesis passes on Ethereum blockchain. It aims to revolutionise iGaming in Web3, by creating an immersive and customisable digital world and on boarding players and businesses alike.

Holders will also share exclusive jackpot funds from iGaming providers and receive a guaranteed airdrop.

Get Bonus and get NTF:

Bonus | Website

Nascent Metaverse Finance Industry Provides Investors with Exciting Opportunities

This year, the momentum is continuing, with corporations, venture capitalists (VCs) and private equity (PE) firms having invested more than US$120 billion in the metaverse in the first five months of 2022 alone, a figure that’s more than double the US$57 billion committed to the space in all of 2021, data from McKinsey show.

As the concept of an immersive virtual environment continues to gather steam, the so-called metaverse finance (MetaFi) landscape is starting to take shape, providing plenty of opportunities for entrepreneurs and investors alike to tap into. This is one of the conclusions shared in a new report co-authored by Switzerland’s Institute of Financial Services Zug IFZ and Synpulse8, the fintech division of global management consulting company Synpule.

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2023 Chevy Corvette Z06 with Zany Green Paint, Matching NFT to Be Auctioned

We can already imagine all of you right now who are firing up the Google machine to find out just what the heck is an NFT. Well, we sort of explained it in our recent comparison test of full-size luxury SUVs, also known as "Nice F—ing Trucks." For the TL.

In this case, the NFT was designed by xsullo, and it features artwork depicting a Z06 racing through the streets of what appears to be a futuristic city. The illustrated Z06 wears the same zany green color as the physical '23 Corvette Z06, which Chevy says is called Minted Green. It also says the car that's being auctioned is the only 2023 production model that will wear the exclusive hue. The exact spec includes the Z07 package and carbon-fiber wheels, along with a commemorative plaque and a VIN.

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Metaverse | Web3 | GameFi pinned «Your source for Metaverse | Web3 | GameFi news, analysis & culture. In 5 years you'll be wishing you paid more attention to this page. Admin: @AaronWithCrypto @Metaverse_Web3_GameFi»

Your source for Metaverse | Web3 | GameFi news, analysis & culture.

In 5 years you'll be wishing you paid more attention to this page.

Admin: @AaronWithCrypto

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Convicted Felon Anna Sorokin is Launching an NFT Collection

The "Anna Card" went live today, following a 2,000 item NFT mint yesterday, which can now be purchased for 0.1 ETH at press time. NFTs are blockchain-based tokens that show ownership over digital or physical assets.

While still in federal custody, Sorokin told NBC News in an interview Thursday that she is making NFTs for her biggest fans. Russian-born Anna Sorokin returned to the international spotlight this year after Netflix released a miniseries based on the true story of Sorokin’s exploits, in which she posed as a German heiress while being courted by a hungry journalist (Jessica Pressler wrote Sorokin’s story for New York Magazine in 2018). The show was Netflix’s biggest hit earlier this year.

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US' Victoria's Secret's brand Happy Nation debuts in metaverse

Happy Nation, the brand from US’ Victoria’s Secret, has announced its debut in the metaverse via an immersive integration on Roblox. The integration features a virtual Happy Nation hub with three obstacle courses (Obbys), each themed to reflect Happy Nation’s core pillars of being friendly to the planet, empowered to give, and connected to the community.

The integration also includes a play-to-donate partnership with philanthropic partner Undies for Everyone. Happy Nation launched in April 2022 with early details of plans to enter the metaverse, a first for any brand within the Victoria’s Secret family. As a fully digital brand for tweens, the Happy Nation hub on the Roblox platform is a unique way the brand plans to engage this key audience and inspire giving back to the community.

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BitMart debuts NFT marketplace with dazzling collections

After a fantastic Consensus 2022 appearance, BitMart is happy to announce the launch of its nonfungible token (NFT) marketplace. With a focus on exclusive collections with verified partners, BitMart is giving users an NFT experience they can’t find anywhere else.

The BitMart NFT Marketplace is designed to be easily used and wants to set the standard for NFT accessibility and quality, offer giveaways and promotions and add to its services such as the current NFT Carnival. Users can purchase, sell and transfer NFTs on the Ethereum, BNB Smart Chain and Polygon networks, with more leading chains and platform integrations coming soon. To let users get in on the ground floor, the exchange offers zero-fee transactions for a limited time on all verified and exclusive projects.

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Chevy is auctioning off a Corvette NFT, and the winning bidder gets the car

Chevrolet is the latest automaker to jump on the non-fungible token bandwagon, but it’s taking a slightly different approach. Chevy announced plans to auction off a Corvette-themed NFT, but the winner bidder won’t just get recorded on the blockchain, they’ll also get the actual sports car inspired by the artwork.

In case you need a refresher, the new Z06 is Chevy’s shot-across-the-bow for all the other supercar manufacturers out there with Italian names. Its the first ‘Vette to feature a naturally aspirated 5.5-liter V-8 mid-engine, located directly behind the driver. And it’s a more hardcore, tack-focused sports car than its predecessors. The Z06 is expected to go into production summer 2022, and will be on sale as a 2023 model.

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Bored Ape NFTs Face Steep Declines in Broad Cryptoasset Rout

Popular NFT collections, including the celebrity-favored Bored Ape Yacht Club (BAYC), are being hit hard as the crypto market sinks. Bored Ape NFTs Face Steep Declines in Broad Cryptoasset Rout.

The NFT Index, which tracks the performance of nonfungible tokens and is weighted based on each token’s circulating supply, fell about 23% in the past 24 hours. The BAYC NFTs saw a 25% decrease in average price in the same period, according to data from DappRadar and CoinMarketCap. Some of these tokens sold for millions of dollars in recent months.

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Lacoste has announced the launch of the Web3 NFT project, UNDW3.

Lacoste has launched a collection of 11,212 NFTs that will be sold for 0.08 ETH (roughly $97). Moreover, the project, called UNDW3 (pronounced "underwater"), will give collectors of the NFTs access to a long-term collaborative community. This launch aims to build an online community and engage with customers in a new way.

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Ukraine to Use NFTs to Save Its Cultural ‘DNA’ Amid Russian Invasion

Amid the clear and present danger of Russia's military destroying Ukraine's architectural marvels, museums and other cultural sites, Ukraine plans to digitize "every single piece of art or history" it can, announced Michael Chobanian, President of the Blockchain Association of Ukraine, at Consensus 2022 on Saturday.

"Today we are announcing a new project [aimed at] how we can save the DNA of the Ukrainian people, Ukrainian culture and Ukrainian history," Chobanian said. "Right now, they are bombing museums, churches, and cultural sites. So before they are destroyed...we're going to digitize every single piece of art or history that we have in museums. We're going to NFT it and put it on the blockchain," Chobanian said.

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Connect and Create at Samsung 837/NEXT During NFT.NYC

Samsung is inviting members of the Web 3.0 community to participate in an entirely new form of self-expression at 837/NEXT during NFT.NYC. To celebrate and cultivate a community of pioneers in this space, we will host daily events at our flagship Samsung 837 location in New York City, as well as in the metaverse at Samsung 837X and on our newly introduced Discord server.

From June 20-23, Samsung will provide insight into the future of innovation, sustainability, customization and connectivity with access to emerging technology partners and interactive discussions. We will host panels, podcasts, performances and more throughout the week alongside dozens of exciting partners and special guests to encourage boundary-breaking self-expression and customization.Check out a few of the many events designed to connect creators and push the boundaries of innovation each day.

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NFT pics are the funhouse mirror high-end art deserves

The funny thing about many of the absolutely insane things happening in the world today is that from a certain perspective, they actually make perfect sense. Take the famous brands buying metaverse real estate, for example. At first glance, it makes no sense at all.

It’s quite possible to make the same case for nonfungible token (NFT) art, another major trend in the blockchain space, at least in how much buzz it has generated. Just a few months ago, Paris Hilton and Jimmy Fallon checked how deep the cringe abyss goes on live TV as they showcased their Bored Apes. And that’s just a few of the mainstream celebs who have joined the NFT art hype train recently, with quite a few of them managed by the same entity, United Talent Agency.

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