Metaverse
Nifty News: Land grab in the Shiberse, floor prices fall, NFT house sale and more…
The team behind one of the top memecoin projects Shiba Inu (SHIB) is rolling out tokenized real estate dubbed “Shiba Lands” as part of its upcoming metaverse project. Shiba’s upcoming metaverse is yet to receive a name, with the team referring to it as the “Shiberse,” and stating that the official title will be revealed later this month. The launch date for the tokenized land sales and auctions is also set to be announced soon and hodlers of the LEASH token (which is available via Shiba Swap) will be granted first access to the land sale events. After the first round of sales, access will then be opened up to the public. New Blog: A METAVERSE Story that begins… with an update! Introducing Lands, a queue system, and more!$LEASH holders will be the first to gain access to Shiba Inu Met...
A quarter of people will spend time in the Metaverse by 2026: Research
By 2026, 25% of people will spend at least one hour a day in the Metaverse for work, shopping, education, social, and entertainment purposes, according to new research. The Feb. 7 report by technology research and consulting company Gartner found that in anticipation of this migration to the Metaverse, brands are already building the infrastructure to allow their users to replicate their lives digitally. According to Gartner Vice President Marty Resnick, brands will need to collaborate in order to unify the Metaverse as their users continue to demand virtual, interactive, three-dimensional experiences. He explained, “from attending virtual classrooms to buying digital land and constructing virtual homes, these activities are currently being conducted in separate environments.” He believes ...
Meta-Marriage: Decentraland hosts first Metaverse wedding
A Phoenix couple tied the knot with their digital identities this weekend in the first marriage to take place in the Metaverse. The wedding ceremony took place in Decentraland, complete with witnesses, Supreme Court Justice officiant Clint Bolick, and a virtual crowd of 2,000 guests on Feb. 5. The bride and groom, Ryan and Candice Hurley hired Rose Law Group to legally formalize the marriage. The group’s Founder and President Jordan Rose claims it was the first-ever wedding hosted on any blockchain-based Metaverse. That much anticipated wedding @decentraland @decentraspots @DCL_Events @peopleofdcl @Decentralovers @DCLDating @WearablesDCL @roselawgroup Congrats Ryan and Candice!!! pic.twitter.com/RA7oG9Qmcq — Kanard Azul (@KanardAzul) February 5, 2022 “Because the metaverse is still in its ...
The Metaverse calls: NFTs construct virtual economies to stay relevant in 2022
As NFT projects prepare to embark into the Metaverse, it seems they are pivoting from their static imagery to integrating mechanics that provide utility. Notably, Bored Ape Yacht Club has amassed over $1 billion in total volume and announced a mobile play-and-earn game, while fellow primate projects, CyberKongz and SmolBrains continue to announce and integrate new gamification features to their collections. Investors seem to not only be searching for projects with strong communities and utility, but it appears technical capabilities rank high on the list too. This notion was made evident after Cool Cats’ Cool Pets collection experienced back-to-back hiccups with its launch, and has since been in a downtrend as holders await their reveal. Cool Pets 7-day avg. price / volume. Source: OpenSea...
The Guetta-verse: Roblox and Warner Music Announce Avatar DJ Set By David Guetta
When you’ve graced the stage of practically every music festival and club short of Mars, like David Guetta has, where else to go but the metaverse? According to a press release, the chart-topping “Titanium” producer has been confirmed to perform a DJ set as his avatar self within the Roblox ecosystem. Created in partnership with Roblox developer Wonder Works Studio and Warner Music Group, Guetta’s innovative DJ set will debut this Friday, February 4th at 4PM PT (7PM ET). “Working on this concert has allowed me to bring an amazing new creation to life with design and production to suit the virtual world,” Guetta said. “We’ve built something that will play host to one of the most unique shows I’ve ever done and I can’t wait for everyone to ...
Tusk Ventures CEO: Don’t repeat social media mistakes with Metaverse regulations
Tusk Ventures CEO and founder Bradley Tusk says that the failure to regulate cryptocurrency and social media effectively in the United States is a “really good lesson for how we should handle the Metaverse.” In a Feb. 1 interview on CNBC’s “Closing Bell,” Tusk urged U.S. policymakers to “get ahead” of the Metaverse and implement regulations sooner rather than later. “Typically speaking, our policy has been that we wait for technology to be introduced to gain market fit and traction [before introducing regulation].” However, “It’s very hard to do that retrospectively,” he said. “We know the Metaverse is coming — it’s already here in some ways. We know it’s got all the problems of the internet, probably times five or ten. So why don’t we think about it now, and get ahead of it?” He echoed th...
2 key Bitcoin price metrics suggest BTC is primed to reclaim $40,000
Cryptocurrencies had a volatile week after Bitcoin’s (BTC) sudden crash to $33,000 on Jan. 24. However, the sharp 9% drop fully recovered within 8 hours after BTC price regained the $36,000 support. On Jan. 26, Bitcoin rallied to $38,960 but it could not sustain the level and corrected by 8.8% in the following 8 hours. When factoring in the recent ups and downs, Bitcoin managed to only gain a meager 1.6% over the past seven days. Even with the considerable price swings, the aggregate futures contracts liquidations were relatively low. Longs (buyers) had $570 million futures terminated, while shorts (sellers) faced $690 million. Data shows that Bitcoin futures represented 41% of the total $1.25 billion liquidations. Regulatory winds could be limiting BTC’s price recovery The total cry...
Meta goes Brazil to trademark Bitcoin and crypto services
Meta, the world’s biggest social media platform, has filed a trademark registration with the Brazilian authorities to design, develop and provision hardware and software for various Bitcoin (BTC) and crypto-related services. Meta recently rebranded from Facebook as a move to better align with the Metaverse developments despite regulatory hurdles faced during its numerous previous attempts to enter the crypto space. Accelerating this effort, Meta filed a trademark registration with the Brazilian National Institute of Industrial Property (INPI) for crypto products and services related to trading, wallets and exchanges platforms. Meta’s trademark filing with the Brazilian INMI. Source: INPI Further investigations from Cointelegraph reveal a translated version of the specifications...
The Sandbox (SAND) metaverse token gains 40% after Snoop Dogg, Warner Music partnership
Sandbox (SAND) refused to go down despite broader negative market sentiment in the past 24 hours. Instead, the altcoin logged a breakaway recovery as traders assessed its recent high-profile partnerships as a sign that the project has strong fundamentals. SAND rose 10.23% to $3.38 at the UTC close on Jan.27, followed by another 5.42% spike to $3.57 on Friday. In contrast, Bitcoin (BTC), dropped 1.41% within the same timeframe. SAND/USD daily price chart. Source: TradingView SAND adoption booms Traders decided to increase their exposure to SAND after the Sandbox announced partnerships with American rapper Snoop Dogg and Warner Music, a major record label. On Jan. 27, Snoop Dogg tweeted a teaser of what appeared to be his upcoming nonfungible token (NFT) collection, dubbed ...
Doge Temple creator says the Metaverse is out, the Microverse is in
According to the founder and CEO of virtual party platform Party.Space, niche “Microverse experiences” will be the future of the Metaverse. Rather than “building a big Metaverse and selling some land there,” Yurii Filipchuk says that Web3 creators should focus their efforts on “exploring the best way to interact online” with online communities. The idea is that each online community builds its own Microverse, which connect in a shared network to form a Metaverse. Party.Space launched in May 2020 with the idea to gameify video chats. They now work with 65 corporate clients to host conferences, end of year parties, team building events and workshops. One of Filipchuk’s “Microverse” creations is the “Doge Temple,” a virtual space for fans of the Doge meme to socialize. It was launched by the ...
Apple stock jumps after CEO reveals it’s investing in the Metaverse
Apple’s stock price jumped in after hours trading after CEO Tim Cook said during the company’s Q1 2022 earnings call that he sees considerable potential in the Metaverse space. When asked on Jan. 27 during the call about Apple’s opportunities within the Metaverse, Cook responded “we see a lot of potential in this space and are investing accordingly.” “We’re always exploring new and emerging technologies and I’ve spoken at length about how it’s very interesting to us right now.” The Metaverse is an interoperable virtual universe created in part by users, offering socialization, gaming and even live concerts. Although it can be accessed with a browser, the experience is better with virtual reality (VR) or augmented reality (AR). APPL had dropped about 3% to $159.22 du...
deadmau5 and Richie Hawtin’s PIXELYNX to Bring 3D Avatars to Metaverse Gaming Platform
Richie Hawtin and deadmau5‘s music metaverse venture, PIXELYNX, has forged another groundbreaking deal, joining forces with cross-game avatar platform Ready Player Me. PIXELYNX has led the charge in the digital space at the intersection of music and the metaverse. Their new partnership will allow users to customize their Ready Player Me avatars in PIXELYNX’s upcoming mobile AR and PC game, as well as buy and sell one-of-a-kind NFT fashion wearables. “Ready Player Me has always been one of the most exciting avatar platforms,” said Inder Phull, co-founder and CEO of PIXELYNX in a press release. “The team has made it so easy to integrate into our ecosystem and it’s no surprise to see their community of partners growing at such a fast pace. Avatars ...
