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2022-12-17 09:58:02 NFT infrastructure protocol Decent raises $3.5 million from Y Combinator and others: Exclusive

Decent, an NFT infrastructure protocol that helps artists monetize their work, raised $3.5 million in a seed funding round. The funding was secured via an equity and token warrant arrangement, Collier said.

Crypto-focused venture capital firm Archetype led the round, with Y Combinator, Circle Ventures, Palm Tree Crew Crypto and its co-founder Kyrre Gorvell-Dahll (aka Kygo, a Norwegian DJ and music producer) also participating. Collier likened the Decent protocol with what Squarespace does for websites and Canva does for design. The overall percentage of deals in this vertical also increased to 47%.

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2022-12-16 14:07:02 Forbes Returns to The Sandbox with New Web3 Experience

Leading business magazine and entertainment company Forbes has partnered with The Sandbox to provide a new interactive multiplayer experience in the metaverse. The publication hosted a similar member-exclusive event in The Sandbox last month.

The influential magazine company was one of the first mainstream companies to embrace the Web3 space. Forbes has stayed committed to introducing the metaverse and Web3 to its members in engaging activities. The new partnership will showcase the publication’s successes, and the history of the people behind it, in an interesting Web3 experience. indulge in other educational experiences.

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2022-12-15 21:02:02 Shanghai's earliest high-tech park moves to metaverse

Shanghai's earliest high-tech park opened its metaverse space on Wednesday to better serve companies and attract investors. The annual industrial expo of the Future Island High-tech Park in Putuo District, which was initially developed in 1999.

A futuristic headquarters of the park was unveiled in the metaverse space, which will open permanently for visits, policy consultation and promotion of new products round the clock. More than 30 companies based in the park – mainly those involved in manufacturing, new materials and culture – will display their new products and technologies as well as communicate with each other in the metaverse world through Friday.

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2022-12-14 22:51:02 Geidea collaborates with Magnati to enter the metaverse

Geidea, a FinTech company in the region, has partnered with Magnati, a leader in the payments solutions industry to enable merchants to provide seamless customer experiences in Magnati MetaV, the first metaverse marketplace in the MENA region. Geidea and Magnati aim to elevate the retail experience.

Geidea and Magnati aim to elevate the retail experience by providing merchants with tailored data and insights including visual representation of products and services, real-time customer experiences, opportunities for revenue generation for brick-and-mortar industries and experiential commerce seamlessly integrated to existing payment gateway. all from the comfort of their homes.

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2022-12-13 13:16:02 Affyn Introduces Limited-Edition Singapore ‘Land NFTs’ for Its NEXUS World Metaverse

Singapore becomes the first virtual city set to join the NEXUS World, with many more virtual cities to follow. To begin, Affyn has made public the first 2,000 “Freehold Land NFTs” for Singapore, with each NFT tied to a corresponding real-world location.

The Land NFTs serve a key role in the NEXUS World. Besides acting as digital representations of actual locations, Land NFTs offer several perks for their owners. Users with “Flags” from Affyn’s ongoing Flag Sale event can begin snapping up Singapore Land NFTs starting from December 17th (12:00 UTC).

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2022-12-12 19:42:02 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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2022-12-11 16:45:03 Metaverse interest is high, but further development is needed - survey

Despite the fact that “Metaverse” came in second place for Oxford Dictionary’s word of the year contest, interest in the nascent concept is widespread, highlighting its potential to be the spark that brings mass adoption to the crypto industry.

According to the results of a recent survey conducted by business and technology strategy adviser Capgemini, 93% of adult consumers surveyed indicated that they are curious about the Metaverse and interested in learning more about it, while 4% of respondents indicated that they are already using the Metaverse, and 3% identified as “Metaverse skeptic.”

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2022-12-10 15:18:02 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 14:07:02 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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2022-12-08 06:47:02 LiquidFactory.io to launch privacy network auction-style NFT marketplace

KuCoin Labs, the investment and incubation arm of the KuCoin ecosystem, has announced its co-lead investment in LiquidFactory.io, a startup that is building a privacy network with native encrypted cross-chain communication.

LiquidFactory.io’s first product, BIDSHOP.io, is an NFT auction-style marketplace that introduces game theory elements into the traditional NFT auction process. Bidders on the platform will be able to hide their bids from others in a decentralized and trustless manner using the platform’s encryption layer — allowing for additional liquidity streams for NFTs.

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