W3 Metaverse • DeFi • NFTs

2022-12-02 14:00:12 One of the original promises of Web3, the transfer of power from the platforms to the creator, is still alive and well.

OpenSea announced today that creators have now earned more than $1 Billion on their platform just this year.

That is more than Facebook, TikTok, Twitter, Instagram or Snapchat has paid out to creators.
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2022-12-02 14:00:11 One of the most well-known NFT collectors, Gmoney has come out of the shadows and revealed his real identity. Although he has not shared information about his real name, this is undoubtedly a major event for people that have been following the NFT space.

Gmoney has masked himself behind a CryptoPunk avatar and influenced the NFT space with his wisdom and knowledge of the NFT technology and mainstream adoption in creating a greater NFT community.
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2022-12-01 21:00:12 The Japanese social media company announced that it would be closing its crypto exchange Bitfront.

Instead, the company will be focusing on its native blockchain and token, LINK.

In 2021, Bitfront stopped activity in South Korea due to regulatory concerns.
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2022-12-01 21:00:08 FTX-backed DEX Serum calls itself 'defunct,' promotes community fork

Serum, a decentralized crypto exchange backed by FTX, notified its 215,000 Twitter followers the project is “defunct” after the crypto exchange giant's sudden collapse — while pointing users towards a community-led fork of the project. The Serum program on mainnet became defunct" following FTX's implosion, Serum tweeted. "As upgrade authority is held by FTX, security is in jeopardy, leading to protocols like Jupiter and Radium moving away,” it added, referring to two DeFi projects on the Solana blockchain. It pointed that it was now replaced by a community fork called OpenBook.
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2022-12-01 14:00:09 Samsung, Huawei, LG lead metaverse patent race

South Korean and Chinese companies are securing metaverse hardware patents, with LG and Huawei rising in the ranks with the most Metaverse patents as the electronics industry looks beyond smartphones, the media reported. The size reached a value of $22.79 billion in 2021, according to GlobalData, a leading data and analytics company.

The global metaverse market is expected to reach $996 billion in 2030, registering a compound annual growth rate (CAGR) of 39.8 per cent. Display colour schemes and semiconductors are among the strengths of South Korean companies, which have quickly established a presence in core components rather than headsets and other finished products.
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2022-12-01 14:00:08 Porsche announced that there would be a total of 7,500 Porsche 911 NFTs available to the public, and each NFT can be designed that can make up to 150k variations by choosing one of 3 roads to define its journey. Porsche shared that this will turn your NFT into an iconic piece of art.
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2022-11-30 21:00:07 Elon Musk just tweeted that Apple has threatened to withhold Twitter from its App Store with no explanation.

Elon Musk tweeted in another tweet by saying, "does Apple hate free speech in America?"
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2022-11-30 21:00:07 Abracadabra reaches out to SushiSwap to save $10M

The team at Abracadabra is extremely concerned at the present moment. It has earnestly reached out to SushiSwap, to effectively carry out all of the necessary alterations in terms of two of its Bento vaults. These contain an amount of $10 million, which happens to be the assets of its users. According to them, the dilemma is that the concerned amount happens to be at grave risk. For the uninitiated, Abracadabra happens to be a crypto lending protocol and the provider of the MIM stablecoin. It was only in the very recent past that the entity reached out to SushiSwap with the earnest request to increase the interest rates in relation to the two Bento vault cauldrons.
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2022-11-30 14:00:11 108,900 XRP Is New Record for XRPL NFT Sales

According to the collection's official Twitter account, the sale was the result of an open auction of Xpunk #8811. Without revealing the name of the buyer, it was stated that this person is known to the community."XRPL Punks" collection's items sold for 108,900 XRP, the equivalent of $44,000.

The XRPL Punks collection, or Xpunks, homage to the already legendary non-fungible CryptoPunks collectibles, is one of the hottest on XRPL. Since the long-awaited XLS-20 amendment was applied to XRPL this fall, Xpunks alone have traded 1.78 million XRPs to date.The Bored Apes XRP Club has two times less, but still a turnover of 866,533 XRP.
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2022-11-27 21:00:11 The Chimpers NFT announced a collab with TMNT (Teenage Mutant Ninja Turtles) and Paramount.

They shared in the post "Prepare for a voyage of long-term adventure" with the Turtles, Chimpers, and Paramount, also sharing that "The journey has begun!"

However, no in-depth detail has been shared.
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