NFTs & DeFi 🗓

2023-05-15 10:25:00 TRU and MTV Join Forces for Epic Mental Health Festival in Decentraland Metaverse

True pioneers of the Decentraland Metaverse, The Rocking Uniquehorns (TRU), have partnered with the legendary MTV network for Mental Health Action Day on May 18. As a result, bringing a grand 24-hour concert filled to the brim with wide array of musical talent to the virtual realm. The epic event will kick off on the stroke of midnight (ET) on May 18, at the TRU BandRoom Festival Stage in Decentraland’s Genesis Plaza. During the festival, music fans can jump in and out at their leisure, with the organizers dropping SHOAP attendance protocol tokens every hour. Essentially, ensuring that attendees can stick to the theme of the concert and take care of their own mental health instead of staying awake for the full 24 hours. The Decentraland concert arrives to celebrate and bring attention to the third annual Mental Health Action Day. A tremendous initiative that aims to bring light to mental health issues and encourage all those affected to take action. As a result, bringing a whole community of music lovers together to improve the lives of everyone involved.

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2023-05-15 04:25:00 LG Electronics Seeking Patent for a Blockchain-Based NFT-Trading Smart TV

South Korea’s consumer electronics giant LG Electronics is seeking a patent for a blockchain-based smart TV that would allow users to trade NFTs with ease. The details of this patent application were published on the World Intellectual Property Organization’s (WIPO) database last Thursday. The application describes a TV that integrates blockchain technology in several unique ways. The TV also incorporates QR codes so that smartphones could be used to quickly complete a transaction. It’s crucial to note that a patent application does not necessarily guarantee that LG Electronics will proceed with this product. It hasn’t been granted yet nor does anyone know if LG still wants to build it. Given that WIPO patent applications are published 18 months after filing, LG Electronics’ enthusiasm for the idea might have waned, especially considering the current slump in NFTs. This is only one of the many ways LG plans on integrating blockchain technology into their products and services.

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2023-05-14 20:41:00 Meta climbs into 'AI Sandbox' with tools for advertisers

Meta Platforms Inc. jumped into the "AI Sandbox" on Thursday, its set of new artificial intelligence-powered tools and services it calls a "testing playground" for advertisers. Facebook's parent company (META) said it's working with a small batch of advertisers on three tools: text variation that generates several versions of an advertiser's copy; background generation, which helps create images that advertisers can use as the background of their material. "The aim here, again, is really to quickly test and learn and figure out which parts of these new capabilities are turning out to be most helpful for businesses to achieve their goals," John Hegeman, Meta's vice president of monetization, said in a press briefing Thursday morning in New York. Meta's AI play comes as it continues to pursue the metaverse, which prompted its name change, slashes costs via layoffs and frantically plays catchup in the generative AI race to keep pace with Microsoft Corp. (MSFT), Alphabet Inc.'s (GOOGL)(GOOGL) Google, Salesforce Inc. (CRM), IBM Corp. (IBM) and others.

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2023-05-14 16:25:14 Crypto.com Lists Milady (LADYS) NFT Memecoin Two Days After Elon Musk Tweet

A prominent crypto exchange platform is listing a new memecoin just days after billionaire Elon Musk mentioned it in a tweet and sent it skyrocketing. In a new announcement, Singapore-based digital assets exchange Crypto.com says that it’s now listing Milady (LADYS), the meme asset associated with the Milady Maker non-fungible token (NFT) collection, on its app. “Milady Meme Coin (LADYS) is now listed in the Crypto.com App, joining the growing list of 250+ supported cryptocurrencies and stablecoin. Crypto.com App users can now purchase LADYS at true cost with USD, EUR, GBP, and 20+ fiat currencies.” LADYS, which made its debut in the markets earlier this month, saw a staggering increase of over 2000% this week after Tesla CEO and business magnate Musk tweeted about it. Previously, data from blockchain tracking platform Lookonchain found that a mysterious crypto wallet that was created just one hour before Musk’s tweet about the meme asset netted a massive 2300% profit from trading Milady. However, LADYS has heavily retraced from its peak as its trading for $0.00000005732 at time of writing, a 57.22% decrease during the last 24 hours. At the time it was sold by the crypto wallet, it was moving for $0.000000135961.

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2023-05-14 10:25:09 Binance Launches a Metaverse Investment Competition, Featuring Web3 Startups

Binance is making its first entry into the metaverse by launching “Build The Block.” The globally renowned Blockchain and cryptocurrency firm, designed Build the Block as a digital series that will enable web3 startups to compete for investments from Binance Labs. Binance is adding to its list of impacts in the Blockchain industry that is not limited to trading cryptocurrencies. Binance Studio, the Binance in-house Web3 global creative studio for Binance created the project Build The Block in partnership with Lifeform. One of the difficulties encountered by Web3 startups is little to no funds to effectively penetrate the market and offer their solutions. The Binance Build The Block project, which is in show format, will enable startups to access funds for web3 startups hence giving them a leap into the industry. The competition will feature 12 projects competing for the top spot by impressing a live audience and a panel of judges. The judges include Yi He; Yibo Ling, CBO of Binance; co-founder of Coin Bureau, Guy Turner; Azeem Khan, member of the WEF’s Crypto Sustainability Coalition and partnership lead at Gitcoin. She continued that Binance believes in what metaverse and Blockchain could offer.

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2023-05-11 04:14:01 Metaverse in Healthcare Market worth $79.6 billion

The concept of the metaverse, a virtual reality space where users can interact with a computer-generated environment and other users, has the potential to revolutionize the healthcare industry in the near future. The metaverse can offer numerous applications in healthcare, enabling virtual consultations, remote monitoring, and immersive training experiences for healthcare professionals. Patients can access healthcare services from the comfort of their homes. Additionally, the metaverse can facilitate collaborative research and data sharing among healthcare professionals and institutions, fostering innovation and accelerating the development of new treatments and therapies. While challenges such as data privacy and security need to be addressed, the integration of the metaverse in the healthcare industry holds tremendous potential for enhancing patient care, expanding access to healthcare services, and driving advancements in medical research and education. increasing concerns over data privacy and security and the high implementation cost of technologies are expected to restrain the growth of this market.

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2023-05-10 20:52:01 Epic CEO mocks ‘metaverse is dead’ notion — 600M coming to the ‘wake’

Epic Games CEO Tim Sweeney is just as optimistic about the metaverse as ever, after poking fun at a recent suggestion that online virtual worlds are “dead.” The now-billionaire video game entrepreneur — creator of the Unreal Engine and Fortnite — took to Twitter on May 9 to mock a newly published article from Business Insider titled “RIP Metaverse, we hardly knew ye.” The article by PR firm CEO Ed Zitron claimed that the “once-buzzy technology” had “died after being abandoned by the business world.” The article made particular mention of Meta’s virtual reality (VR) platform Horizon Worlds, which Zitron claims has failed to live up to its “grand promise” of becoming the future of the internet. It also mentions Decentraland and Yuga Labs’ Otherside as examples of metaverses that have seemingly failed to live up to their hype and claimed investors had turned their attention to the next Big Tech fad — generative AI. “The metaverse is dead! Let’s organize an online wake so that we 600,000,000 monthly active users in Fortnite, Minecraft, Roblox, PUBG Mobile, Sandbox, and VRChat can mourn its passing together in real-time 3D,” he joked, which was echoed soon after by Sandbox CEO Sebastien Borget.

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2023-05-10 16:25:00 NFT Project Pudgy Penguins Raises $9M

Non-fungible token (NFT) collection Pudgy Penguins has announced the completion of its $9 million seed funding round led by 1kx. The company plans to use the new capital to scale its intellectual property and team. The funding round comes over a year after the Pudgy Penguins project voted out its founders for allegedly draining treasury funds and failing to meet community goals. In April 2022, entrepreneur Luca Schnetzler (Netz) bought the Pudgy Penguins rights. Pudge Penguins has evolved to include live events, new ways for owners to monetize and utilize their tokens and physical goods bearing the IP including books and toys. Pudgy Penguins head of investor relations Vi Powlis in the press release. “Today’s milestone is a testament to the vision of our strategic partners, who recognized that Pudgy Penguins is not only a Web3 brand for crypto-natives, but also an accessible IP for everyday consumers around the world, as well as our incredibly talented team.” Other investors in the round included Big Brain Holdings, Kronos Research, the founders of LayerZero Labs, Old Fashion Research, and CRIT Ventures.

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2023-05-10 10:25:00 Virtway Exceeds the Record for Concurrent Users per Scene in its B2B Metaverse

Virtway, a Spanish company at the forefront of metaverse technology, announced today that it has smashed the record for concurrent users in a B2B metaverse with its latest app release of Virtway Events. First launched in 2018, Virtway Events makes it easy for organizations and business professionals alike to host productive and entertaining virtual events. While the platform has consistently been able to connect groups of 400 people, with its latest version, they can now reach 1000 in the same room. This expanded capacity allows for a more immersive and interactive experience. Accenture, one of Virtway’s most loyal clients, has worked with the company repeatedly over the years. According to Damián Martínez, the Research Director at Accenture Iberia, “I highly recommend Virtway Events to anyone looking for a cutting-edge metaverse company that can deliver exceptional virtual experiences. Their professionalism, creativity, and commitment to innovation make them a valuable partner for any organization seeking to enhance their virtual presence.” Virtway is a B2B & B2B2C metaverse platform that has been offering immersive virtual environments for businesses and organizations worldwide since 2018. With over 700,000 downloads and clients in 28 countries, Virtway provides a wide range of services and subscription options to apply its technology to conferences, training, education, exhibitions & fairs, e-commerce and customer engagement.

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2023-05-10 04:25:00 MyLand.Earth launches the Metaverse revolution

MyLand.Earth has launched the first 3D Earth Metaverse on Web3 Blockchain, enabling individual users and enterprises to set up their Metaverse presence quickly. This platform offers a digital twin of planet Earth with NFT proof of ownership, positioning MyLand.Earth as a leader in Earth-based 3D/VR Web3 Technology. The platform has released 3D templates to level the field and provide ordinary online users, gamers, and content creators with 3D visual models to create Metaverse content. The platform-based 3D scene templates of art galleries, expo showrooms, retail stores, and 3D offices with conference rooms, etc., can be placed in any location around the world for platform members to set up their Metaverse business presence quickly. The release of 3D templates also minimizes the cost and entry barrier for entrepreneurs to establish their Web3 business presence. MyLand.Earth platform users will assign these 3D templates from the library to any location in the 3D world map on the platform. With these 3D scene templates, users will be able to build their virtual environments by simply uploading their own digital content. The templates will accept a wide range of content that can be digital images, animation, video, or 3D objects, all of which are supported by MyLand.Earth Metaverse Engine.

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