💎 NFT's & Metaverse Updates💎

2023-01-01 21:25:07 Maruti Suzuki launches ARENAVerse, its second Metaverse platform

Maruti Suzuki, India’s largest car manufacturer, has announced the launch of ARENAVerse. It is a Metaverse platform for Maruti’s Arena showroom network that will allow users to indulge in an immersive virtual experience with their favourite Maruti Suzuki vehicles. According to Maruti Suzuki, the launch of this platform builds on the company’s commitment to providing a more interactive and immersive retail experience for new-age consumers. Going forward, one will also be able to digitally interact with sales representatives and configure cars as per their needs in ARENAVerse. with over 10,000 bookings for the Grand Vitara coming from the NEXAverse alone.

NFT's & Metaverse Updates Open / Comment

2023-01-01 15:52:01 Insurance Giant Tokio Marine to Offer Its Services in the Metaverse

Tokio Marine, the biggest property/casualty insurance group in Japan, is taking its services and operations into the metaverse. The group, which has more than 39,000 employees all over the world, will allow its users to review and purchase insurance products on a metaverse platform. While gaming, social, and tech companies have been the first in embracing the metaverse as a concept, other companies are now also entering available metaverse platforms. Tokio Marine, the biggest property and casualty insurance group in Japan, has announced that it will start offering insurance services in the metaverse. The company will offer insurance and other kinds of policies in the digital world in January.

NFT's & Metaverse Updates Open / Comment

2023-01-01 09:25:05 Financial Giant Fidelity Files Trademarks for Crypto, NFT, and Metaverse Products

Fidelity Investments, a major financial services firm with $10 trillion in assets under administration, has filed several trademark applications for a wide range of cryptocurrency, non-fungible token (NFT), and metaverse products and services. Fidelity Investments filed three trademark applications with the United States Patent and Trademark Office (USPTO) last week for a wide range of cryptocurrency, non-fungible token (NFT), and metaverse products and services. Fidelity has $9.6 trillion in assets under administration as of Sept. 30; the financial services firm serves about 40 million individual investors.

NFT's & Metaverse Updates Open / Comment

2023-01-01 03:03:06 Japanese Gaming Company Gumi Partners With Square Enix and SBI Holdings to Strengthen Metaverse Pivot

Gumi, a Japanese mobile gaming company, has partnered with Square Enix and SBI Holdings to build new business opportunities around the metaverse. The deal, which also includes the issuance of new stock valued at $52.7 million dollars, will allow the company to acquire financial and content creation experience. More and more gaming companies are looking to include metaverse elements in their games. Gumi, a Japanese gaming company focused on mobile entertainment, has announced a capital and business alliance with Square Enix, another Japan-based game developer, and SBI Holdings, one of the biggest financial service companies in Japan. Square Enix will have a marginal stake of 3.01%, according to regulatory filings.

NFT's & Metaverse Updates Open / Comment

2022-12-31 21:14:06 NFT Market Will Bounce Back With Lower Interest Rates, Digital Artist Says

According to blockchain data tracker CryptoSlam, global NFT sales declined by 89% in November from a peak of $5 billion in January, Bloomberg reported. NFTs may have increased utility down the road as users move toward digital identities. The nosedive in NFTs sales is influenced by the Fed raising interest rates in the face of all-time high inflation coupled with “tourist money” swiftly leaving the market. That leaves retail investors in a tough spot, according to Faruq. “There will be a lot of art that comes out of this year … and collecting pieces that reflect that will be something that will potentially have a lot of value in the future,” Faruq said.

NFT's & Metaverse Updates Open / Comment

2022-12-31 15:25:00 The Emirates Health Services (EHS) has announced the launch of a Metaverse-based Virtual Telemedicine Solution using 3D virtual reality technology.

The Emirates Health Services (EHS) has announced the launch of a Metaverse-based Virtual Telemedicine Solution using 3D virtual reality technology. The launch is part of transformative projects which leverage advanced technology and promote smart services such as remote health solutions and telemedicine. Through the project, EHS aims to deliver virtual medical consultation services supported by advanced technologies. This first-of-its-kind technology enables members of society to access e-services via smart devices, thus scaling up service to reach broader segments of individuals and enhance the customer experience. Through the new virtual channel, patients can effortlessly access psychiatric consultation services, family health promotion clinics, and customer happiness centres.

NFT's & Metaverse Updates Open / Comment

2022-12-31 11:25:00 Polygon Surpasses Ethereum and Solana in terms of NFT Users

According to data from the analytics platform Nansen, Polygon’s NFT market is currently experiencing significantly increased adoption, bringing it closer to Ethereum in terms of numbers. Meanwhile, NFT ecosystems on other chains. Over the past month, 10 collections on Polygon’s NFT market attracted more than 180,000 holders, while four collections drew the attention of more than 500,000 holders. Comparatively, there have been four collections with over 100,000 holders and one collection with over 500,000 holders in Ethereum’s NFT market. According to Nansen’s statistics.

NFT's & Metaverse Updates Open / Comment

2022-12-31 03:25:04 China’s Quanshi Hits Limit up on Deal to Build Metaverse Space for Travel Agency UTour

Shares in Beijing Quanshi World Online Network Information surged by the exchange-imposed limit today after the Chinese digital tech and marketing services provider said it will develop an exclusive, immersive and interactive virtual brand space. Quanshi will create UTour-specific tourism content in its ‘Infinite Box,’ which is a virtual commercial complex that Quanshi launched in March, it said yesterday, citing a deal penned between the two parties that day. By wearing a special virtual reality headset, people can enter the ‘Infinite Box’ through computers, mobile apps and other means. to showcase and promote its virtual digital products.

NFT's & Metaverse Updates Open / Comment

2022-12-30 21:25:10 China to launch its first regulated NFT marketplace, China Digital Asset Trading Platform, on January 1

China will launch a regulated platform for trading Non-fungible trading tokens (NFTs) known as China Digital Asset Trading Platform on January 1, 2023, according to local media outlet Sina News. The Chinese Technology Exchange, Art Exhibitions China, and Huban Digital Copyrights Ltd, a private corporation, jointly created the platform to facilitate the exchange of NFTs as a secondary market. The Platform will also provide institutions and individuals with rights protection monitoring and copyright protection services concerning digital assets.

NFT's & Metaverse Updates Open / Comment

2022-12-30 16:52:02 Donald Trump’s NFT’s floor price drops 80% in 10 days

Former U.S. President Donal Trump’s NFT collection, Trump Digital Trading Cards, lost 80% of its value as the floor fell to 0.16 Ethereum (ETH) from 0.84 ETH ten days ago. According to OpenSea data, 45,000 NFTs are currently owned by a total of 15,115 owners, which equates to a 34% unique owner rate. Trump launched his collection on Dec. 15 with 45,000 NFTs available for minting during the Sweepstakes Entry Period. Each NFT costs $99 during the entry period, which equates to 0.083 ETH based on the ETH prices at the time of writing.

NFT's & Metaverse Updates Open / Comment