https://t.me/nftsdefifinance

2022-12-13 18:52:01 Nvidia Projects Automotive Industry to Include Metaverse Tech in Its Operations in 2023

Nvidia, a graphics processing unit and artificial intelligence (AI) company, believes that 2023 could mark the start of a metaverse-driven age in the automotive industry. As part of this new conception, automotive companies will start to include metaverse tech and implement it in their industrial and retail operations. Nvidia, one of the largest AI and graphics companies in the world, predicts that 2023 will be the year in which many automotive companies start integrating their operations with the metaverse. The company believes there are two different ways in which this integration will be done. First, the implementation of metaverse tools will allow companies to monitor the whole production process of their vehicles, allowing them to propose improvements.

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2022-12-12 19:25:09 Swear London unveils first NFT collection

Luxury footwear brand Swear London has partnered with international game studio Darewise Entertainment and Skinvaders, a new-age tech platform bringing digital fashion to the metaverse, to launch its first-ever NFT collection. The collection, set to be release in early 2023, will be available in the Life Beyond metaverse, developed and published by Darewise Entertainment. The metaverse offers an AAA science fiction multiplayer online role-playing game built to give users a unique off-world experience and digital ownership over their game assets.

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2022-12-11 18:41:00 OpenSea NFT project 'Theirverse' makes debut in Taipei

The NFT project “Theirverse” will make its debut at the OneOffs NFT International Art Fair in Taipei, which runs through Sunday (Dec. 11). The OneOffs NFT International Art Fair features famous non-fungible token (NFT) projects from RTFKT, BAYC, and other Taiwanese digital artists. Yu En-li (庾恩利), the Artistic Director of “Theirverse,” aims at building a community for multi-gender artists on the Metaverse. The project was ranked number one on the major NFT trading platform OpenSea in November after launching in July. Yu is the son of Taiwanese singer Annie Yi (伊能靜) and her ex-husband Harlem Yu (庾澄慶). Based on Yu En-li's social media account.

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2022-12-10 19:14:01 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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2022-12-09 22:03:01 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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2022-12-08 19:14:00 Japanese NFT Market Projects 53% Growth Despite Crypto Winter

A recent study has revealed that, despite the chaos, fear, and uncertainty engulfing the cryptocurrency market since May, the Japanese NFT market has maintained its growth, projecting a $1.36 billion valuation by the end of the year. NFTs are notorious for pervading speculation and profit. However, the asset class has been seeing an improvement in terms of stability in the last quarter of the year due to community engagement, healthy trading behaviors, and more. Japanese NFT market continues to showcase steady growth, projecting an annual growth rate of 38.7% until 2028.

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2022-12-07 19:52:00 Metaverse expected to add $15 billion annually to GCC economies by 2030

The metaverse is projected to contribute about $15 billion to GCC economies annually by 2030, led by Saudi Arabia and the UAE, as governments continue to introduce measures to tap into the potential of the emerging technology, a study from Strategy& showed. The kingdom is expected to account for more than half of the figure, or $7.6 billion. Qatar is next with $1.6 billion, followed by Kuwait ($1 billion), Oman ($800 million) and Bahrain ($400 million). Emirates stands to receive almost a quarter, or $3.3 billion, reflecting the aggressive programmes the Arab world's two biggest economies have in place to leverage the metaverse, Strategy&, a subsidiary of global consultancy PwC, said in a statement on Wednesday.The travel and tourism industry is seen benefiting the most, with an estimated $3.2 billion.

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2022-12-06 22:41:01 Indonesian central bank’s CBDC can be used in metaverse

Bank Indonesia (BI), the central bank of the Republic of Indonesia, has announced that its central bank digital currency (CBDC) will be used in the metaverse, a move that is highly bullish for blockchain networks that host the biggest metaverse ecosystems including Polygon. Reuters reports that the BI governor Perry Warjiyo made the announcement during an event, adding that the central bank planned for the digital rupiah currency can also be compatible with other central banks’ digital currencies in the future. exchange rate for digital currencies and its operational risks and capital flow supervision.

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2022-12-05 21:52:01 Chinese Hangzhou Court calls for NFT regulation

China’s Hangzhou Court claimed that NFTs carry characteristics of property rights like value, scarcity, disposability, and readability, and therefore should be protected by the law. The Court dealt with a case in late November in which it called for NFT regulations.SBF has maintained that he knew nothing about what caused FTX collapse, attributing it to mistakes detected late. The Hangzhou Digital Technology Company, which runs an NFT marketplace and a platform user, was on each side of the hearing. The user claimed that the company caused him financial harm by withholding from their end of the bargain and sued to ask to either deliver the NFT or compensate for his financial loss by paying 99,999 yuan ($14,368).

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2022-12-05 20:22:18 Yellow is the next leading Web3 solution in market

Yellow is grabing all the attention by combining all the DEX & CEX with shared liquidity. Team is building a Next-Generation global network of Web3 financial exchanges, using state-channel technology to fix the liquidity problems and eliminate the need for Cross-Chain Bridging once and for good.
As a retail customer, we can set up our own node and make money from liquidity mining.

The token launch is scheduled for Q1 with several exciting mechanism like NFTs, and sub-token $DUCKIES

Achievements:

• Hard cap got knocked out in less than 1 mins at launchblock.com

• Limited edition NFTs sold more than 1000s in less than 24 hrs.

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