Metaverse
Kygo and Ryan Tedder Unite As Animated NFT Band, Bored Brothers
As electronic music artists continue to adopt NFTs to offer fans unique experiences, industry heavyweights and Bored Ape owners Kygo and Ryan Tedder are now making a collaborative foray into the Web3 space. Kygo and the OneRepublic frontman are longtime creative collaborators, writing on a number of tracks and even performing together on Coachella’s main stage in 2018. They’ve now joined forces to launch Bored Brothers, an animated NFT band featuring their Bored Ape likenesses. For those unfamiliar, the Bored Ape Yacht Club (BAYC) is the world’s preeminent collection of digital collectibles, currently selling for over $300,000 each. The NFT collection counts Madonna, Mark Cuban, Steve Aoki, Justin Bieber and Paris Hilton—among many others—as token holders and ...
Why decentralized telecommunications is necessary to make Web3 a reality
The world knows the public internet as the best transport network and the backbone of their daily routines. However, if one looks closely, the internet is far from perfect, with many considering the network untrusted and its usage synonymous with poor reliability and performance issues. Although these faults were once overlooked, the impending Web3 revolution has led many to recognize just how far the current internet foundation is from supporting the increased usage and performance requirements that come with the metaverse, decentralized finance (DeFi) and other blockchain-technology use cases. Soon, every major company, industry and consumer experience will be shaped by the metaverse and accompanying technologies. One of the biggest gaps still yet to be filled is a network that can...
US Air Force files trademark application for ‘SpaceVerse’ initiative
The United States Air Force has filed a trademark application hinting at the military branch potentially expanding into the metaverse. According to a Thursday application submitted to the U.S. Patent and Trademark Office, the Department of the Air Force trademarked the word “SpaceVerse,” defined as “a secure digital metaverse that converges terrestrial and space physical and digital realities and provides synthetic and simulated extended-reality (XR) training, testing and operations environments.” It’s unclear if the initiative is connected to the U.S. Space Force, which according to its website is “organized under” the Air Force, but operates as a “separate and distinct branch of the armed services.” The United States Air Force has filed a trademark application for SPACEVERSE ...
While men wanted, women did: Empowering female creators with NFTs and crypto
With the blockchain industry growing at lightspeed, businesses are actively and, even desperately, seeking out talent; and there just doesn’t seem to be enough manpower out there. Enter women — literally around 50% of the global population that has, so far, been heavily underrepresented in crypto. With most developers being men, it’s understandable this still dev-led space noticeably lacks female contributors, but as the industry surges, womanpower is needed. And, so, women have begun slowly and steadily entering the crypto space and the world of nonfungible tokens (NFTs). While only an estimated5% of women own NFTs, and5-15% are creators or founders of collections, the impact of female-led NFT projects is profound. Unlike the mass of solely artistic projects, these female-led NFTs show a ...
The 5 Most Common Security Concerns for the Web 3.0 World
Fady Younes, Cybersecurity Director for Cisco Middle East and Africa. Cisco Talos has revealed the top 5 security risks in Web 3.0. This latest iteration of the world wide web will include the immersive 3-D experience known as the “Metaverse” – a virtual reality environment where people can explore, shop, play games, spend time with friends, attend a concert, or take part in business meetings. “As the internet morphs into the metaverse a whole new range of opportunities, capabilities and features are opening up to users, institutions, governments and businesses. Despite all these possibilities, Web 3.0 is also seeing increasing security threats that can be exploited by hackers and criminals. The team of researchers at Cisco Talos has done a deep dive to highlight the most common security c...
Punk6529 unveils Metaverse museum district: ‘Most high-end art NFTs ever’
Popular NFT collector “punk6529” today unveiled an ambitious open Metaverse project that is looking to attract 100 million users. The self-funded project is dubbed “OM” and aims to be an open platform that is built and shared by the community. The broader vision for the project is to launch 10 self-governing cities with a max population of 10 million each. The museum district of the first city (Genesis City) was launched in alpha mode earlier today, with punk6529 bullishly telling their 323,200 Twitter followers that it might be “the most high-end art NFTs ever displayed in one place.” A promo video for OM shows a long list of NFTs from top projects such as CryptoPunks, Tyler Hobbs’ Fidenza collection, Bored Ape Yacht Club and Art Blocks. At this stage, there are 2000 NFTs on display that ...
Dirtybird Launches Metaverse Nightclub, Birdhain
Dance music tastemaker Dirtybird is opening the doors to its very own Web3 nightclub, Birdhain, in its own metaverse, Birdyverse. A nod to the famous Berlin nightclub Berghain, it’s 24-7-365 virtual nightclub with DJ sets running every day and night, all year-round. Dirtybird cofounder Claude VonStroke will launch the venue today, April 13th, and will feature DJ sets from the Dirtybird roster, including Nikki Nair, Justin Jay, Mz Worthy and Catz ‘n Dogz, among others. The Birdyverse at large is open to anyone with a cryptocurrency wallet, like MetaMask, but you must hold a Dirtybird Flight Club NFT to enter Birdhain. Once connected, users will be able to roam, chat, explore and interact with the mysterious island, which is shaped like a cracked egg. Dirtybird cofounder Claude V...
Facebook whistleblower warns Metaverse will repeat ‘all the harms’
Facebook whistleblower Frances Haugen has taken aim at Meta in a new interview, suggesting that its version of the Metaverse will simply repeat all of its past mistakes. In an interview with Politico, Haugen said: “They’ve made very grandiose promises about how there’s safety-by-design in the Metaverse. But if they don’t commit to transparency and access and other accountability measures, I can imagine just seeing a repeat of all the harms you currently see on Facebook.” In 2021 Haugen leaked thousands of internal documents from Facebook to the Securities and Exchange Commission and The Wall Street Journal. Her experience working for the company has left her with concerns about privacy issues and about letting the corporation amass data about every aspect of u...
Virtual Avatar Company Genies Raises $150M at $1B Valuation
Genies, a Los Angeles-based avatar startup with close ties to the music industry, raised $150 million in Series C funding led by Silver Lake and existing investors Bond, NEA and Tamarack Global, the company announced today. The deal values Genies at over $1 billion. The six-year-old company has partnerships with Universal Music Group and Warner Music Group as their official avatar and digital goods NFT provider, and has partnered with artists including Cardi B, Justin Bieber, Rihanna, Shawn Mendes, J Balvin and Migos. Genies creates virtual identities for artists to use across the metaverse and releases digital wearables – such as a J Balvin space suit and a Mendes digital hoodie — for fans to collect and wear in the metaverse. Last year, Genies widened its ambition by launching a marketpl...
Absolut Vodka Teams Up With Swedish House Mafia to Create Album-Themed Cocktail
It’s time to pour it up for the return of Swedish House Mafia. In anticipation of the iconic dance music trio’s upcoming closing performance on Sunday night of Coachella 2022, Absolut Vodka is assisting fans with finding paradise. Absolut’s new “Paradise (Again) Paloma” blends the brand’s refreshing grapefruit vodka with a tangy dash of lime juice, soda water, and a sweet Swedish Fish garnish to top it all off. The summertime citrus beverage is being sold as a pre-packaged craft cocktail blend for easy mixing. Even better, with the release of Swedish House Mafia’s debut album Paradise Again looming just around the corner on April 15th, those not attending Coachella will still have the opportunity to join in the conversation. Absolut VodkaR...
Blue Chip and Metaverse NFTs propel growth of NFT Market, says Nansen report
On Tuesday, blockchain data analytics platform Nansen released its quarterly report on the state of nonfungible tokens, or NFTs. The report highlighted the rapid growth of the NFT market over that of the cryptocurrency market year-to-date, and it predicts of an $80 million market cap by 2025. As Cointelegraph previously reported, Nansen recently released six NFT indexes weighted by market capitalization denominated in Ether (ETH): Nansen NFT-500, Nansen Blue Chip-10, Nansen Social-100, Nansen Gaming-50, Nansen Art-20 and Nansen Metaverse-20. According to the Nansen 2022 Quarterly NFT Report, The NFT market continues outperforming the cryptocurrency market year-to-date, putting in a 103.7% return when denominated in ETH and 82.1% when denominated in USD. Despite a downturn i...
CEEK VR gains 100%+ as push toward virtual reality and Metaverse development intensifies
Nonfungible tokens (NFTs), decentralized finance (DeFi) and the Metaverse are three of the hottest trending topics in the cryptocurrency ecosystem and each is helping the world slowly move toward the mass adoption of blockchain technology. One project looking to capitalize on these trends is CEEK VR (CEEK), a entertainment and creator-focused platform aiming to use virtual worlds to connect music artists, athletes and digital content creators with their fans. Data from Cointelegraph Markets Pro and TradingView shows that since trading at a low of $0.289 on March 15, the price of CEEK has gained 123% to hit a daily high of $0.646 on April 7 as its 24-hour trading volume spiked 178% to $90 million. CEEK/USDT 4-hour chart. Source: TradingView Three reasons for the climbing price of CEEK...
