💎 NFT's & Metaverse Updates💎

2022-12-10 15:25:07 NFT Marketplace Magic Eden Pushes Further Into Gaming With New Hire

Chris Akhavan will take on the new role of chief gaming officer to build the marketplace’s Web3 gaming strategy following its expansion to the Polygon network. supporting game developers building with Magic Eden’s infrastructure. Magic Eden introduced support for Polygon, a layer 2 network that is attracting a number of Web3 game developers. The effort to attract Polygon communities included a launchpad and marketplace on the platform to support developers in incorporating NFTs into their games. Web3 asset ownership into their existing game economies,” said Akhavan.

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2022-12-10 09:25:06 NFT.com Makes Continued Progress With New Discover Features and Release of v0.14 of Its Private Beta

Immutable Holdings Inc. (NEO: HOLD; OTC: IHDLF) (“Immutable Holdings” or the “Company”), a publicly-traded blockchain holding company, is pleased to announce NFT.com’s release of version 0.14 of its private beta. This marks the fourteenth release of the beta as NFT.com continues to make progress. The release brings a number of exciting new features to the platform including a new version of the Discover page. The page now offers greater insights and searchability for individual non-fungible tokens (“NFTs”), NFT.com profiles, and NFT collections. It also features a collection leaderboard, which highlights key data attributes about leading NFT collections including sales volumes and floor prices.

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2022-12-10 03:03:01 OpenSea Again Changes Course on NFT Royalties After More Creator Pushback

Leading NFT marketplace OpenSea recently took action on royalty fees, releasing a tool that creators can use to ensure that newly launched NFTs can’t be traded on platforms that reject royalties. But the approach and implementation didn’t sit right with everyone. Creator royalties are fees that are associated with the sale of NFTs, typically set between 5% and 10% of the sale price, paid by the seller to the creators of a given NFT project. For projects that generate significant trading volume, these fees can be a substantial source of revenue. And the rejection of these fees in recent months from NFT traders and most marketplaces has threatened that revenue.

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2022-12-09 21:02:59 Trader loses 70 ETH over bug in NFT marketplace Blur

A bug in the new bidding system of non-fungible token (NFT) marketplace Blur caused a user to lose 70 ETH by accidentally overbidding on an Art Gobbler NFT. Paradigm-backed Blur launched on October 19, branding itself as the “NFT marketplace for pro traders.” Blur replied to the thread saying that its policy is to refund users for platform bugs but not for user errors, adding that the platform will offer a 50% refund in this incident.After evaluating further, we see how this can be considered a bug from the user’s perspective, so we will refund 50% to traders who were affected by this UI behavior,” wrote Blur.

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2022-12-09 15:14:02 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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2022-12-09 09:25:04 Enjin Launches v2 of Most Secure, Easiest to Use NFT Wallet

Enjin, the pioneer in metaverse and non-fungible tokens (NFTs), today launched Enjin Wallet 2.0, the major upgrade to its mobile blockchain wallet launched in 2018 and highly regarded for its security and ease of use. Enjin Wallet 2.0 expands the original wallet's features with fast, seamless access to decentralized exchanges (DEXes) and decentralized applications (dApps). Users may access digital tokens via DEX without leaving the wallet interface, and take advantage of lower Ethereum gas fees with EIP-1559 integration and Bitcoin Segwit integration. Easy dApp integration allows users to use non-fungible tokens (NFTs) to play games.

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2022-12-09 03:14:03 First NFT Project Launches on Oasys in Collaboration with Creator of Virtua Fighter and Shenmue

Oasys, a gaming-optimised blockchain built by gamers for gamers, today announces the launch of OASYX, the first NFT project built on Oasys' native blockchain, in collaboration with critically acclaimed game development executive, Yu Suzuki. OASYX will create various NFTs in conjunction with leading creators, artists and developers hailing from established traditional gaming brands. OASYX's inaugural series of NFTs at launch will be creatively supervised by Suzuki and published by Japanese blockchain game developer, double jump.tokyo.

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2022-12-08 21:25:00 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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2022-12-08 15:14:02 Traditional arcades in Thailand to become metaverse portals

STEPVR has partnered with Bangkok entertainment agency Hahama to launch the first large-scale, multiplayer VR experience in the country, reports Bezinga.com.A company which pioneers metaverse technology is planning to transform over 100 arcades in Thailand into high-end metaverse portals. The metaverse company hopes it will pave the ways for local Thailand game producers to start producing content with their hardware and software technology. The company also plans to involve local influencers and businesses to adopt their metaverse solutions for any creative content production. This includes livestreaming, digital marketing, publicity.

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2022-12-08 09:03:01 Metacade (MCADE) Presale Is Rising as Other Metaverse Projects Like Enjin Coin Keep Dropping

As metaverse tokens like Enjin Coin continue their ungraceful collapse, certain new projects coming onto the scene are displaying clear signs of investor interest. One project, in particular, is Metacade (MCADE), a Web3 gaming community hub which is currently roaring through its presale. While Enjin Coin (ENJ) is marketed as a utility coin, its focus is on NFTs. Metacade, on the other hand, is planting itself firmly in the direction of gaming - a massive target growth area. Unsurprisingly, the two projects seem to be going in opposite directions. In this article, we explore the clear reasons behind this pattern.

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