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“# Bored Ape Yacht Club is a huge mainstream hit, but is Wall Street ready for NFTs? ” Within months after its launch in April 2021, Bored Ape Yacht Club (BAYC) has become one of the main reasons Wall Street should take the emerging nonfungible token (NFT) market seriously, thanks to its recent sales turnover…
“# Samsung launches metaverse store in Decentraland ” Samsung is the latest megacorporation to announce a metaventure project, opting for Decentraland for its metaverse project. On Jan. 6, 2021, the consumer electronics giant announced the opening of a virtual replica of its iconic New York physical store in order to enhance customer interaction at a…
“#Hyundai envisions Boston Dynamic’s Spot as your ambassador to Mars in the metaverse” The metaverse will supposedly let us be anywhere we want, and all we need is a robot proxy to explore other planets. The term “metaverse” has been around long before Facebook’s dramatic rebranding, but its popularity definitely spiked in the past few…
“# Blockchain and the Metaverse make inroads at Consumer Electronics Show ” Blockchain, metaverse and NFT technology are set to make a splash at the Consumer Electronics Show (CES) event in Las Vegas this week. The CES is an annual event that features exhibitions of the latest tech advancements and keynote speeches from giants such…
“# NFT-focused holding company raises $50 Series A ” Digital asset curator Metaversal announced Tuesday that it has completed a $50 million funding round to further expand its investment capabilities in the nonfungible token (NFT) and metaverse sectors. The Series A funding round was co-led by investment firms CoinFund and Foxhaven, with additional participation from…
“# Square Enix CEO reveals plans for blockchain, metaverse, NFTs ” Wider adoption of nonfungible tokens (NFT) and play-to-earn games may be on the way, as one of the world’s largest gaming companies sees them as the future of the industry. Yosuke Matsuda, CEO of Square Enix, revealed the company’s intentions for blockchain and NFT…
“# Unlocking utility is key for fashion brands launching NFTs in 2022 ” Nonfungible tokens, or NFTs, have become one of the most discussed markets in the crypto space this year. A recent report from Cointelegraph Research found that NFT sales are aiming for a $17.7 billion record by the end of 2021. This may…
“# NFTs find true utility with the advent of the Metaverse in 2021 ” The growth of NFTs has shot to the next level in terms of popularity and finding acceptance from the crypto community and the mainstream alike. Nonfungible tokens (NFTs) that were initially thought to be a bubble are now expanding their coverage…
“# Going meta: Paris Hilton, Times Square, and ETFs ” Following the announcement that Facebook’s parent company would be rebranding in a shift towards the Metaverse, many projects have started similar initiatives entering the virtual space, from buying property to testing the limits of what this universe has to offer. Virtual ball drop on NYE…
“# Shanghai includes Metaverse in its development plan ” Shanghai, China’s most crowded city, is looking for ways to use metaverse in public services over the next five years. Shanghai Municipal Commission of Economy and Information Technology’s five-year development plan for the electronic information industry listed four frontiers for exploration, and one of them is…