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2022-10-09 22:30:00 RTA exhibits Metaverse Dubai Metro stations network, digital platforms at GITEX 2022

Dubai’s Roads and Transport Authority (RTA) has revealed an extensive collection of smart initiatives, applications, and stations it will showcase at the 42nd edition of GITEX 2022, which commences tomorrow, Monday, at the Dubai World Trade Centre. RTA will exhibit the self-driving Cruise vehicle built on the Chevrolet Bolt electric platform for the first time. RTA smart apps, among others. His Excellency Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority, said: “RTA has undergone a comprehensive digital transformation and embraced emerging technologies and artificial intelligence as means of boosting productivity and raising operational efficiency.

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2022-10-08 22:10:00 200% Increase in NFT Trademark Applications Since 2021

Well, trademark attorney Mike Kondoudis has revealed that there has indeed been an increase in NFT-related trademark filings. From 2021 to now, there has been roughly a 200% increase in NFT trademark filings, which Kondoudis outlined on his Twitter page. If you follow NFT news, you might have noticed an uptick in brands filing trademarks for NFT-related projects and products. As Kondoudis broke it down, there were 2,142 NFT trademark filings in 2021. In 2022 thus far, there have been 6,366, marking a sharp increase. March was the busiest month for these trademark filings, with 1080 filed in total, while September was the lowest, with only 435. The sharp increase from last year to this year is a testament to just how popular NFTs have become, as well as their level of adoption.

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2022-10-07 21:55:00 Swiss Watch Firm Chronoswiss Unveils Its First Metaverse Watch

Famous Swiss watchmaker Chronoswiss enters the metaverse realm with its limited edition watch collection. The metaverse watch collection is dubbed the “Open Gear ReSec Sugar Rush.”. To provide an example, the interior of the case is vibrantly colored in purple and is a combination of hues. Ebstein added that the virtual Atelier is a lab for extraordinary ideas in a world that has really no limitations. Chronoswiss also claims to be one of the first to open a virtual watch boutique in the Decentaland metaverse. Decentraland users can visit the Atelier in the Decentraland metaverse at (Location: -101,8). Out of the 100 rare metaverse pieces, 8 of them will be recreated as luxury wearable 3D watches.

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2022-10-06 22:40:07 Dubai Chamber launches new training academy to immerse digital startups in metaverse

Dubai Chamber of Digital Economy, one of three chambers operating under Dubai Chambers, in collaboration with the SEE Institute, has launched the ‘Future of the Digital Economy: Business in the Metaverse’ Academy, the first-of-its-kind specialized training program designed to equip digital startups. A total of 30 businesses from Dubai and other markets will be selected to join the training academy, which utilizes Virtual Reality (VR), Augmented Reality (AR), and Extended reality (XR) technologies to help participants experience and understand the dynamics of business in the metaverse, reported the Emirates News Agency (WAM).

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2022-10-05 22:40:07 Ubisoft, Take-Two Back Ethereum NFT Game Maker Horizon in $40M Round

The two firms are among those that participated in the funding round, which was led by Brevan Howard Digital and Morgan Creek Digital. Other backers include Polygon, gaming-centric VC firm Bitkraft, metaverse investor Everyrealm, payments firm Xsolla, and Initialized Capital. Horizon also attracted some notable individual investors with the round. Skyweaver is a digital trading card game akin to Blizzard’s popular Hearthstone, albeit with the cards represented as Ethereum NFT assets that can be sold and traded—similar to rival NFT game Gods Unchained. An NFT is a blockchain tokenthat represents ownership in a unique item, including digital goods like artwork, collectibles, and video game items.

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2022-10-04 23:21:03 NFT Monthly Sales Top $947M as Solana Gains Ground on Ethereum

Amid the ongoing crypto market downturn, overall NFT sales volume remained largely flat in September. But while overall volume appears stagnant, individual NFT sales are keeping pace, high value NFTs on Ethereum are still selling, and Solana NFTs are gaining steam. All in all, $947 million worth of NFT trading volume was recorded in September, according to data from DappRadar—and that figure specifically excludes suspected wash trades. That compares to $927 million in August and nearly $916 million in July. June was the last month to crack the billion-dollar mark at $1.03 billion. The NFT market remains in significant decline from the frenzy of late 2021 and earlier this year.

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2022-10-03 21:40:08 Sales of NFTs Slide as Markets Continue to Weaken Through Third Quarter

Sales of non-fungible tokens (NFTs) have slumped significantly in the third quarter, in both volume and size, as cryptocurrency markets continue to stagnate into the autumn. Over the third quarter of 2022, total sales of NFTs amounted to $3.4 billion, according to data from decentralized application tracker DappRadar. This represents a drop of more than half from the previous quarter’s $8.4 billion, and nearly two-thirds from the first quarter peak of $12.5 billion in total sales. From a mid-Jan. peak of over 900,000, the number of weekly sales of NFTs have also halved, according to data from NonFungible.com.

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2022-10-02 23:10:06 Solana NFT Game Star Atlas Launches Playable Demo on Epic Games Store

Star Atlas is arguably one of the most ambitious NFT-driven games on the horizon, although it could be years before the Solana-based outer space strategy game fully takes shape. Eager players won’t have to wait that long to get a small taste, however: a limited demo has just been released via the Epic Games Store. Launched today as part of a live-streamed event, Star Atlas: Showroom is a pre-alpha demo of the Unreal Engine 5 technology powering the game. It lets Star Atlas NFT owners explore a 3D environment and view the ships and vehicles in which they've invested. The Foundation Software Development Kit (F-KIT) is an open-source SDK that lets Unreal Engine 5 developers integrate the Solana blockchain.

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2022-10-01 20:50:06 Blackrock Plans to Launch a Metaverse ETF

BlackRock’s iShares Future Metaverse Tech and Communications ETF will give investors exposure to metaverse-focused companies, as per the filing on Thursday. This may include companies with links to social media, virtual platforms, digital assets, gaming, augmented reality and much more. The metaverse, which combines technologies such as virtual reality and NFTs, has become a focal point for exchange-traded product issuers. Most recently, Switzerland-based crypto exchange-traded product issuer 21Shares and US rival ProShares have launched their own Metaverse ETFs. Despite a major slowdown in the Metaverse space, some industry surveys estimate that the total addressable market between $8-13 trillion by 2030.

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2022-10-01 10:46:25 DeFi NFT Finance pinned a photo Open / Comment