NFT & Crypto Updates

2022-12-11 04:14:01 EU defends party in €387k metaverse, claims 300 visitors

The European Commission’s foreign aid department has defended a virtual party it hosted last month, telling Devex that around 300 visitors attended the event, which began an hour earlier than the publicly advertised time. Launched in mid-October, the platform, which allows users to explore a surrealist tropical island as a paperclip-esque avatar, set EU taxpayers back €387,000 ($408,102), including development, production, and running costs. immersive metaverse championed by Facebook — now Meta — chief Mark Zuckerberg.

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2022-12-10 19:45:01 Entrepreneurship Education Enters the Metaverse

Success Through Technology Education (STTE) Foundation, New Mexico State University's Hunt Center for Entrepreneurship at Arrowhead, and WebXR technology provider, Geenee AR, have announced the launch of Unicorn Academy. Unicorn Academy is geared toward students grades 8-12 who are curious about entrepreneurship and want to develop the fundamental skills needed to launch their own businesses. Accessible from any connected device, the course is led by a virtual teacher who guides students on the impact of starting a business utilizing augmented reality.

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2022-12-10 16:14:01 DMI finds CBDCs not targeting cross-border payments, huge potential in metaverse

The Digital Money Institute’s third annual payments report looks at central bank digital currencies for the first time, as well as other payment methods, through the lens of cross-border payment utility. Central bank digital currency (CBDC) development aims squarely at inclusion, both for the central bank in the national economy and for the people it serves. Meanwhile, the technology for cross-border payments is being developed elsewhere for the most part, according to a new report on the payments industry. DMI's findings. This was the first time it included a survey of central banks.

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2022-12-10 10:14:01 "Philosophy of Space Exploration" UTSA's First Metaverse Course

Anna Vescio floated inside the International Space Station in late November as it orbited 250 miles above Earth. She met astronauts who showed her the station, observed its scientific instruments and equipment and saw how its occupants live in space. Vescio is among 23 UTSA students who recently completed a class titled "Philosophy of Space Exploration" — the university's first course set entirely in the metaverse, an immersive version of the Internet accessed via virtual-reality headsets, augmented reality glasses, phone apps or other devices.Then she removed her virtual-reality headset and was back in the Alamo City.

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2022-12-10 04:14:01 FTC Could Curb Microsoft's Metaverse Ambitions with Activision Lawsuit

On Thursday, the Federal Trade Commission announced a lawsuit to block Microsoft from acquiring Activision Blizzard, developers of the Call of Duty and Overwatch franchises. The FTC alleges the deal would give Microsoft an unfair advantage over its competitors in the gaming industry, essentially creating a monopoly. "Microsoft has already shown that it can and will withhold content from its gaming rivals," Holly Vedova, Director of the FTC's Bureau of Competition, said in a statement. "Today we seek to stop Microsoft from gaining control over a leading independent game studio and using it to harm competition in multiple dynamic and fast-growing gaming markets.".

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2022-12-09 20:05:50 Singaporean Metaverse Outfit Stardust Signs Multiple Deals at ATF

Singaporean metaverse start-up Stardust has signed memorandums of understanding with three companies at the sidelines of the Asia TV Forum and Market. Esports World Federation. Kevin Balhetchet, president, ESWF Singapore, said: “The esports market is growing rapidly into a massive driver of the global entertainment market, and we are always looking for new ways to grow and connect with our community. The partnership with Stardust offers an exciting new platform to reach out to our partners and fans.”

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2022-12-09 16:14:01 Author Tim Ferriss Tops NFT Sales Charts With 'Cockpunch'

"The Legend of Cockpunch,"—an Ethereum project co-created by popular author and podcast host Tim Ferriss—is today’s big NFT market winner, parlaying a sold-out mint into secondary market demand that has pushed the collection to the top of the sales charts. "Cockpunch" is billed as an “emergent long fiction” project from Ferriss, the author of “The 4-Hour Workweek” and other bestsellers, and it spans 5,555 images depicting anthropomorphized rooster characters, each with various traits and weapons. Each NFT was priced at 0.3 ETH (about $370) at the time of mint earlier today. since topping $3.3 million worth of ETH.

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2022-12-09 10:14:00 Blur offers some NFT traders 50% refund after ether losses from UI 'bug'

Blur is offering some traders a 50% refund on certain purchases after a user pointed out an interface error that caused them to lose 70 ether. NFT marketplace Blur is offering some traders a 50% refund after a user lost 70 ether (about $83,300) . Blur launched mid-October to much fanfare from the NFT community — muscling in on an increasingly competitive market corner. The move to refund fat-fingered traders comes just days following the platform's second airdrop to its users. "Specifically, we will query for collection bids that were accepted over 25% of the non-flagged floor and refund them automatically," the team added. "We'll do this within the next 10 days (likely sooner)."

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2022-12-09 04:14:00 More than 90% of consumers are curious about the Metaverse: Capgemini

The volatility of the crypto market hasn’t stopped the metaverse from gaining potential as a utility for businesses and consumers alike. Despite turbulent market conditions over the last year, the metaverse and its potential utility remain steady in the minds of consumers. According to data from a new survey by Capgemini, a business and technology strategy advisor, over three-quarters of consumers expect their interactions with brands and individuals to be impacted by the metaverse. This also goes for organizations, as 7 out of 10 believe that the metaverse and immersive experiences will be a market differentiator in terms of customer experience.

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2022-12-08 19:44:41 Prime Numbers Announces Launch of New Multichain NFT Marketplace

Prime Numbers is announcing the launch of their multichain NFT marketplace, Primeport.xyz. The marketplace will allow users to trade NFTs from all EVM-compatible blockchains, as well as import and export smart contracts for their collections. Prime Numbers is the first DAO, NFT project and Lending and Borrowing protocol on the XDC Network. With partners like XDCdomains and ZeroFreePunks, the Prime Numbers ecosystem allows users to manage decentralized assets in a secure and trustless environment, and plans to generate funds for the community through various mechanisms, including staking tokens, royalties from NFT collections.

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