https://t.me/nfts_defi_metaverse

2022-09-08 22:40:06 Puma’s first metaverse experience ties NFTs to NYFW

Puma debuted its first-ever metaverse experience, Black Station, which features NFTs that can be redeemed for limited-edition physical sneakers, according to a press release. The experience is part of the sports brand’s “Futrograde” show during New York Fashion Week (NYFW). Black Station includes a digital lobby space with three portals. The first two portals are accessible now and unveil the Nitro NFRNO and Nitro Fastroid sneakers which are linked to the brand’s recent NFT Nitropass mint. Consumers who minted a Nitropass can receive two NFTs, one tied to physical products and one to a custom experience. Following the Futrograde show, minters can burn their product-claimed NFT and claim physical sneakers.

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2022-09-07 18:40:10 Avalanche NFT Marketplaces Are Booming, Aiding AVAX Price Recovery

Avalanche (AVAX) is attempting to create its first higher low since reaching a temporary bottom in June, however it has yet to show any decisive bullish reversal signs. The AVAX non-fungible token (NFT) marketplace is booming and this week it saw a new seven-week high in volume. Roughly 48% of this volume came from Chickn. Despite the flurry of positive news, the price has yet to confirm any sort of bullish reversal. To the contrary, AVAX has broken down from an ascending support line that had been in place since the June lows. Such breakdowns usually mean that the preceding upward movement has now come to an end. If a short-term bounce transpires, there would be strong resistance at $22.60. This is the 0.382 Fib retracement resistance level and coincides with the previous ascending support line.

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2022-09-06 23:04:03 Volvo created history by launching XC40 Recharge on Metaverse

Volvo decided to launch its all electric offering the XC40 Recharge they decided on a platform that was as futuristic and tech advanced as the car itself – a platform that would be remembered as a major milestone in the Indian automotive sector. The XC40 recharge was launched on metaverse and it created history both in terms of execution and consumer response. A hundred and fifty XC40 Recharge cars were sold within two hours of the online booking opening post the launch. This was adequate proof of a well-executed launch and trust in Volvo as a brand to always give state of the art in automotive technology.The XC40 Recharge has great offerings and perhaps the most important that has found favour with the India consumer is its range on a single charge.

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2022-09-05 21:40:11 Metaverse digital assets to be worth 225 billion dollars by 2027

A new report on market opportunities in Metaverse platforms suggests digital asset marketplaces could be valued at 224.9 billion dollars by 2027. In the "Metaverse Market by Technologies, Platforms, Solutions and Applications in Industry Verticals 2022 - 2027" report by Research and Markets, blockchain solutions supporting the Metaverse could soar to 148.6 billion dollars in the next five years. The report assesses the market opportunity for Metaverse vendors and ancillary services providers including infrastructure, devices, software, and supporting services from 2022 to 2027. At the interchange between physical and virtual worlds, the Metaverse is creating a new universe in which digital consumers and businesses engage in communications, applications, content, and commerce. The report states the dominant trend is for cyber-to-physical interchange as a means of enriching society.

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2022-09-04 22:46:02 NFT Watchdog Group Sees Its NFT Collection Exploited

Rug Pull Finder, an NFT watchdog group that seeks to prevent fraud, hacks, and scams in the non-fungible token space, has seen its own NFT project exploited. But a flaw in its smart contract made it possible for two people to mint 450 NFTs instead of the permissible one NFT per wallet. Rug Pull Finder announced the development itself, saying it was informed of the exploit 30 minutes before the mint went live, but they “did not believe the credibility of the information sent to.” Meanwhile, community members made fun of the group’s inability to prevent the exploit, with crypto sec expert OKHotshot pointing out that the 400 NFT mint was technically not a hack or exploit because the contract allowed it.

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2022-09-03 21:02:04 FIFA Embraces NFTs Tied to Classic Games Highlights for World Cup 2022

Soccer’s governing body FIFA has chosen the occasion of the 2022 Qatar World Cup to launch an NFT-based (non-fungible token) collection of classic clips from the history of the international soccer tournament. FIFA+ Collect will launch later this month and allow soccer fans to own and trade “moments in time” featuring the greatest goals. The FIFA World Cup NFT clips will be connected to the Algorand blockchain as part of a deal cemented back in May to be a Qatar 2022 blockchain partner and wallet provider. Classic moments in sport enshrined as digital assets helped drive NFTs into the mainstream, most notably in the form of NBA Top Shot, the basketball collectibles platform built by Dapper Labs, also the creators of CryptoKitties, the first NFT collection to gain traction on the Ethereum blockchain.

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2022-09-02 21:40:08 Decentralized NFT Marketplace Sudoswap Announces Ethereum Token Airdrop

The decentralized NFT marketplace announced that an initial supply of 60 million Ethereum-based SUDO tokens would be distributed to various members of the project. Those who also hold XMON, the utility token behind the popular NFT project called 0xmons. XMON holders will be able to lock their XMON as an indication of their commitment to participate in the governance of the sudoAMM protocol and receive SUDO,” today’s post reads. For every XMON locked up, users will receive 10,000 SUDO tokens.

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2022-09-01 21:50:09 Andreessen Says Its 'Can’t Be Evil' NFT Licenses Will Help Avoid Legal 'Ambiguity'

Many popular NFT projects—most notably the Bored Ape Yacht Club—grant holders the right to use their owned images to create and sell derivative artwork and products. However, there are questions over whether such IP licenses are legally durable, or if creators have even misled buyers. Venture capital giant Andreessen Horowitz says it wants to help. The VC firm today announced the release of “Can’t Be Evil” NFT licensing terms that are available for any project creators to freely use. The licenses provide an array of different approaches for NFT projects, ranging from limited personal use terms to broader licenses that let anyone use the artwork for any purpose—even if they don’t own an NFT.

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2022-08-31 22:50:13 Ticketmaster Chooses Dapper Labs' Flow Blockchain for NFT Tickets

Event ticketing behemoth Ticketmaster announced today that it will adopt the Flow blockchain from Dapper Labs for minting tickets as NFTs for select events. The NFTs—unique blockchain tokens that signify ownership—will function primarily as collectible digital memorabilia, but also as a shareable “proof of attendance.” Over the past six months, Dapper Labs and Ticketmaster quietly launched an NFT pilot program. In it, Ticketmaster automatically issued ticket NFTs as memorabilia to attendees of specific events like the Super Bowl LVI this year. In the pilot program, more than five million Flow NFTs were minted in a six month period, according to Dapper.

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2022-08-30 22:02:07 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.

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