💎 NFT's & Metaverse Updates💎

2023-01-09 09:24:59 OpenSea adds support for Arbitrum Nova

OpenSea, the biggest marketplace for digital collectibles and non-fungible tokens (NFTs), announced support for Arbitrum Nova. Nova is a Layer 2 blockchain designed to provide data availability at low cost. With OpenSea integrating NFTs on this blockchain. In September 2022, OpenSea added support for Arbitrum Nova's sister Layer 2 scaling network called Arbitrum. Both Nova and Arbitrum are designed by Offchain Labs. OpenSea said that collections on Arbitrum Nova will be grouped with other Arbitrum collections on the OpenSea website. OpenSea is not the first NFT marketplace on Nova, which is also supported by smaller competitors including Trove by TreasureDAO.

NFT's & Metaverse Updates Open / Comment

2023-01-09 03:25:00 Polygon to Host Mastercard’s Web3 Artist Accelerator and a ‘Limited Time Release NFT’

Mastercard is collaborating with Polygon to bring together music artists, their fans, and industry mentors through a Web 3 accelerator program. Mastercard Artist Accelerator will launch in spring 2023 with a live-streamed artists showcase – per the announcement. The program targets musicians, DJs, and producers with the tools to share their content on Web 3, including minting non-fungible tokens (NFTs). It includes exclusive access to special events and music releases. For the fans, the MasterCard Artist Accelerator features a limited NFT edition dubbed The MasterCard Music Pass, providing users with exclusive Web3 learning resources.MATIC ranks tenth among other cryptos, with a market capitalization of more than $7 billion.

NFT's & Metaverse Updates Open / Comment

2023-01-08 21:03:00 YouTuber Logan Paul’s CryptoZoo NFT project is a total mess

Logan Paul’s dubious history on YouTube, it probably doesn’t come as a surprise that his CryptoZoo NFT project has allegedly turned out to be a scam. Some investors ended up losing up to half a million dollars, according to independent YouTube reporter Coffeezilla. The development of CryptoZoo has been stalled due to alleged nonpayment of coders. The 27-year-old Paul rose to prominence in 2013 by posting sketches on Vine; but when the short video platform shut down, he transitioned to YouTube and even fights in the WWE. In August 2021, Paul took to his YouTube podcast to announce his NFT project.Between his main YouTube channel and his podcast, Paul has around 28 million subscribers, plus another 24.6 million followers on Instagram and 16.6 million on TikTok. In other words, he had the audience necessary to generate hype around a new collection of NFTs.

NFT's & Metaverse Updates Open / Comment

2023-01-08 15:03:01 Bluechip NFT project Moonbirds signs with Hollywood talent agents UTA

PROOF Co-founder Kevin Rose announced the deal via Twitter on Jan. 6, noting that the aim is to get the Moonbirds brand recognized on a global scale and not just in the Web3 space. The NFT-focused company was founded by early-stage Facebook and Twitter investor Kevin Rose, and designer Justin Mezzell in February 2022. The company also has the Proof Collective and Oddities NFT collections in its catalog.Announcing the move via Twitter on Jan. 6, Rose suggested that the goal of the deal is to get the Moonbirds brand known on a “global” mainstream scale, as opposed to just being recognized as a big hitter in the Web3 space.PROOF, the company behind the top-tier NFT project Moonbirds, has signed a representation deal with major Hollywood talent agents United Talent Agency (UTA).

NFT's & Metaverse Updates Open / Comment

2023-01-08 09:02:59 NFT project accepted $3M to move its collection to Polygon

The team behind y00ts and DeGods were paid $3m to move their collections off Solana and onto Polygon, according to a January 6 announcement from the company. The statement was made on Discord and copied to Twitter by Frank III, founder of the two projects. The developers had previously announced on Dec. 27 that the projects would be moving to Polygon. This was widely seen as a possible death blow to the Solana network, as the network was already under pressure due to fallout from the collapsed FTX exchange. However, there was no evidence at the time that the y00ts team had received money in exchange for making the move.

NFT's & Metaverse Updates Open / Comment

2023-01-08 03:02:59 Enterprise potential of the metaverse takes shape at CES 2023

The excitement and interest for consumers and enterprises around concepts like the metaverse stem from its potential to bring multiple disruptive technologies into one space – but it's also a concept that's not ready for the hype surrounding it. The metaverse is a vision that many believe will usher in the next stage of the internet – a virtual world combining "the connectivity of the web with the immersiveness of spatial computing," said Neil Trevett, vice president of developer ecosystems at Nvidia and chairman of the Metaverse Standards Forum. Trevett spoke during the "The Road to the Open Metaverse" session at global technology conference CES 2023 Thursday.

NFT's & Metaverse Updates Open / Comment

2023-01-07 21:14:00 Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market

Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in the non-fungible token (NFT) company Candy Digital, according to reports. The company is selling its Candy Digital stake to an investor group associated with billionaire Mike Novogratz and his firm, Galaxy Digital. After a rough 2022 in the non-fungible token (NFT) industry, licensed sports merchandise firm Fanatics has decided to sell 60% of its Candy Digital shares, according to a CNBC report published on Jan. 4, 2023. CNBC obtained an internal email citing Fanatics CEO Michael Rubin. The news of Fanatics dropping 60% of its stake in Candy follows the NFT company reportedly laying off.

NFT's & Metaverse Updates Open / Comment

2023-01-07 15:14:00 Metaverse leaders at CES see possible side hustle in selling personal data

CES panel, technology executives ponder people owning and selling their personal data to brands of their choosing.Rather than being surveilled by internet companies, blockchain technology could allow people to not only protect their digital identities but also earn compensation. Vlassopulos joined other technology executives at a panel in Las Vegas this week, where he and peers traded ideas about what the metaverse and web3 might look like from a brand perspective. The panel was a CES-sponsored event — one of the year’s biggest tech conferences — and part of an all-day series called Digital Hollywood. “It’s moving in the direction of providing data in exchange for value.”.and part of an all-day series called Digital Hollywood.

NFT's & Metaverse Updates Open / Comment

2023-01-07 09:14:01 E-commerce Giant Shopify Supported Avalanche NFT Minting And Direct Selling

Avalanche said Shopify supported Avalanche NFT minting and selling directly on their online store. Shopify is a powerful e-commerce platform that powers online stores for millions of sellers worldwide, the company claims. Shopify previously only offered NFT selling and minting to a few merchants, but now the service is fully open. In 2022, Avalanche NFT online retail ecommerce sales reached $5.4 billion, with year-over-year growth projected at 5% until 2025. With the continuous growth of ecommerce, merchants are looking for more innovative ways to stay ahead of their competition.NFTs through their existing storefronts through one of Shopify’s blockchain apps.

NFT's & Metaverse Updates Open / Comment

2023-01-07 03:14:02 Mutant Ape Planet Founder Arrested In New York For Allegedly Defrauded Of $2.9 Million

Mutant Ape Planet founder, Aurelien Michel was accused in federal court in Brooklyn of defrauding customers of the NFT project “Mutant Ape Planet” out of $2.9 million. His first hearing before United States Magistrate Judge James R. Cho is planned for this afternoon. Aurelien Michel, a French national residing in the United Arab Emirates (UAE), was charged today in federal court in Brooklyn with defrauding purchasers of “Mutant Ape Planet” NFTs, a sort of digital asset, of more than $2.9 million in cryptocurrencies. Previously, Michel promised to devise strategies for the NFTs to appreciate in value and that holders of NFTs would be rewarded. However, he allegedly used the $2.9 million in user payments for his personal expenses.

NFT's & Metaverse Updates Open / Comment