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“# Blockchain enables enterprise business models in the Metaverse ” Enterprise blockchain has come a long way since its inception in 2017. Blockchain for enterprise use initially began as a technology built on private, permissioned networks, primarily used for supply chain management. As blockchain matured overtime, enterprises began to leverage public, permissionless networks like Ethereum…
“# ‘You don’t own Web 3.0,’ says Jack Dorsey, criticizing its centralized nature ” In a series of tweets posted on Tuesday, Jack Dorsey, the co-founder and former CEO of Twitter, as well as the founder and CEO of Square (now Block), voiced his criticism over the direction of Web 3.0 development. Elon Musk, the…
“# NFT gaming generated $2.32B in Q3 — BGA report ” Blockchain gaming continues to grow and dominate the nonfungible token space with a share of roughly 22% of all NFT trading volume in the third quarter of 2021, according to a report released by the Blockchain Gaming Alliance, or BGA. The report showed that…
“# Avocado Guild and TPG Telecom partnership lets players earn mobile data with tokens ” TPG Telecom and the Avocado Guild, a blockchain gaming business focused on the play-to-earn (P2E) model, have teamed up to allow customers to exchange their AVO DAO tokens for mobile data credits. AVO DAO is the native digital currency of…
“# From the Altai Mountains to the Gobi Desert: Tokenizing the history of nomadic horse riders through Mongol NFTs ” Mongolia is a land of endless steppes, hosting mystic Tibetan Buddhist monasteries and fierce horse warriors blessed by the eternal Tengri, the sky god in folk shamanism. For centuries, the harsh, cold climate of the…
“# Adidas Originals reaches second spot on OpenSea rankings with debut NFT collection ” In its debut weekend, the first NFT from Adidas Originals’ “Into the Metaverse” project has generated 11,391 Ether (ETH), worth over $43 million, on OpeanSea. Ranked by trading volume, this collection has earned the second spot on OpeanSea after RTFKT’s Clone X…
“# Chinese companies embark on a metaverse trademark race ” Despite the People’s Bank of China’s (PBOC) warning on metaverse and nonfungible tokens (NFTs) in November, more than a thousand Chinese companies have submitted thousands of metaverse-related trademark applications. In a summit back in November, Gou Wenjun, the PBOC’s AML and Analysis Center Director, warned…
“# ‘We saw mainstream adoption for NFT art kicking off in 2021,’ says NFT.NYC co-founder Cameron Bale ” For the past three years, NYC.NFT has been the leading annual gathering in the nonfungible token and digital blockchain art world. This year, over 5,500 attendees and 135 sponsors joined debates, talks, workshops and briefings in the…
“# Going meta: digital cities, attacks on female creators, and more ” 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. Digital cities: Santa…
“# The Sandbox co-founder wants to defend metaverses against Big Tech ” The Sandbox co-founder Sebastien Borget wants to defend the metaverse from Big Tech giants aiming to make a foray into the nascent market. In a recent interview, Borget said that he is not very keen on Big Tech companies such as Meta joining…