NFTs & DeFi 🗓

2022-08-28 22:30:28 The metaverse is opening up the world’s holiest sites to virtual pilgrims

Faith-based virtual reality spaces are allowing users to pilgrimage to and explore some of the holiest cities, experience rituals, pray and worship in the metaverse. In 2015, the chief executive of the digital agency, Ehab Fares, created some of Islam's most sacred sites including Mecca in a metaverse they named Experience Makkah. The Holy City, also invented in 2015, allows pilgrims to follow Orthodox clerics as they emerge from the Church of the Holy Sepulchre in the Holy Fire ceremony, let them tuck a prayer note into a crack of the Western Wall, or follow the steps of thousands of worshippers during Ramadan at the Al-Aqsa Mosque.

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2022-08-28 17:56:14 Lucky Block V2 to be listed on Gate.io The 5th Ranked Exchange on CoinGecko and CoinMarketCap

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2022-08-28 15:26:02 Artozo NFT Marketplace Beta Launch August 2022

Artozo is a new NFT marketplace platform looking to shake up how you buy and sell NFTs. Based on Solana, Artozo is coming out of the gate ready to process your transactions faster and cheaper (and greener) than other platforms. Artozo also offers tools that help raise the value and utility of the NFTs you collect.

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2022-08-28 09:40:02 Huobi-incubated Chinese NFT platform halts international operations

Chinese NFT marketplace iBox is shutting down its operations outside the country. The company, which has been selling NFTs in USDT, did not give any reason for the suspension of its foreign operations. However, plans are on the way to refund users beginning in September. All forms of cryptocurrency trading have been banned in China since September 2021. iBox has enjoyed enormous support from an incubator program launched under the global crypto exchange Huobi. However, Huobi distanced itself from iBox in a statement on Thursday, stating that it relocated from mainland China in May 2021 ending its affiliation with the platform in January 2022.

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2022-08-28 03:30:58 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.

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2022-08-27 22:20:08 Metaverse Exhibition held in Japan

Tokyo [Japan], August 26 (ANI): Metaverse is the next big revolution in technology which is gaining impetus as a business opportunity in Japan. The Metaverse Exhibition 2022 was recently organized in Japan wherein people enjoyed exploring the Virtual reality universe. Using their pictures, people also made their own avatars with the help of video synthesis technology. Shopping too is getting revolutionised using virtual reality. Staff avatars allow users to try out their favourite items and see how they look from different angles.

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2022-08-27 17:50:06 Total NFTs stolen since July 2021 adds up to more than $100 million.

Digital theft and phishing scam criminals have been making an average of $300,000 per scam, totaling over $100 million worth of NFTs stolen since July 2021. One of the most valuable NFTs ever stolen was CryptoPunk #4324, which the scammer sold for $490,000 on November 13, 2021. Meanwhile, the largest single heist from an individual victim resulted in the loss of 16 blue-chip NFTs worth $2.1 million on December 28, 2021.

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2022-08-27 12:00:49 UAE-based company creates ‘world’s first’ virtual salesperson in the metaverse

SEO Souq, a company in the UAE that specializes in search engine optimization, has created an innovative virtual salesperson, specially designed for the metaverse, called Mr. Musky. According to Kishore Dharmarajan, the company’s CEO, Musky is the first virtual salesperson of its kind in the metaverse. According to experts, the metaverse has seven different layers that range in complexity, from the experience layer, which includes activities such as gaming and entertainment, to an infrastructure layer comprising technologies such as blockchain.

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2022-08-27 05:10:05 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.

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2022-08-27 00:10:07 Animoca Brands’ Japan unit raises $45M at $500M valuation for NFT push

Asia’s crypto games and web3 investment powerhouse Animoca Brands is making inroads into Japan as its local unit picks up $45 million in financing at a $500 million pre-money valuation. The investment, which was shelled out equally by the parent firm Animoca Brands and MUFG Bank. Japan isn’t the most crypto-friendly country. Currently, it imposes a 30% corporate tax on profit from cryptocurrency holdings, including unrealized gains, a policy that has triggered a blockchain brain drain and pleas by local crypto startups to lower tax rates.

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