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Alibaba Cloud Teams Up with Avalanche to Build Metaverse Launchpad - NFTgators

Quick take: Alibaba Cloud has partnered with Avalanche to build a metaverse launchpad for its clients. Cloudverse aims to help businesses customise, launch and maintain their own metaverse spaces on Avalanche. Metaverse middleware MUA DAO will help implement the integration and customisation for metaverses. Alibaba Cloud is doubling down on its web3 strategy with a metaverse launchpad built on…

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Pepe the Frog Meme: A Controversial Internet Phenomenon - AirdropAlert

Pepe the Frog is a character that has become a cultural phenomenon in the digital age. It’s a meme that has taken over the internet and become a staple in online conversations. From its origins to its most recent controversy, this blog post will cover everything you need to know about Pepe the Frog meme. How it started Pepe the Frog first appeared in 2005 as a character in a comic book called…

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Attack of the Memecoins 💥

Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles Dear Bankless Nation, Memecoins here, memecoins there, memecoins everywhere 😵‍💫 No kidding, amid the ongoing memecoin boom on Ethereum around 21% of the total ETH burned to date has come from over just the past seven days alone! That said, yes, a good bit of the air has been sucked out of the room for…

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Banking Turmoil Fears Heighten as FED Hikes Interest Rate by 0.25%

Financial markets have seen volatility following Wednesday’s FOMC meeting. But the biggest threat is ahead – and cryptos won’t be spared. Tipping Point The federal funds rate currently sits at 5%-5.25%. This range resulted from the Fed’s decision to increase the interest rate by 25 basis points during the Federal Open Markets Committee (FOMC) on May 3. Prior to the announcement, the markets had…

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Bitcoin BRC-20 Gains Popularity, Crypto Daily TV 4/5/2023

In Todays Headline TV CryptoDaily News: Bitcoin’s BRC-20 token standard popularized by memecoins Bitcoin’s BRC-20 token standard has become the latest trend in the crypto ecosystem, especially after the Pepe memecoin rise in recent months. A total of 8,500 different tokens have been minted using the BRC-20 standard, with the majority of these BRC-20 tokens being memecoins. Bitcoin regained $28k;…

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Meta’s Oculus Quest 3: The Future of Virtual Reality - NFT News Today

With the expected launch of Meta’s Oculus Quest 3 in 2023, the company emphasizes its commitment to keeping virtual reality accessible and affordable. Despite experiencing some setbacks in its VR endeavours, Meta remains steadfast in its pursuit of shaping the future of the industry.  In this article, we will explore the potential pricing strategy, the obstacles Meta must overcome, and how the…

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Exclusive: Sotheby's Launches Secondary NFT Marketplace

The Alpha: Today, legacy auction house Sotheby’s launched its own secondary marketplace for fine art NFTs, according to information shared exclusively with nft now. The marketplace is an expansion of Sotheby’s Metaverse, the company’s digital artwork and collectibles platform. The peer-to-peer marketplace will feature fully on-chain sales showcasing a rotating selection of high-profile Web3…

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Explore Arc8: Web3 Concepts Meet Gaming - NFT News Today

Welcome to Arc8, an innovative play-and-own mobile gaming platform revolutionizing the gaming experience. Arc8 combines web3 concepts with high-engagement gameplay, offering players true digital asset ownership, skill-based rewards, earning opportunities, and exciting tournament opportunities. Read on to find out what you can do with Arc8. What is Arc8? Arc8, developed by Gamee, a subsidiary of…

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Beyond the Gallery: 5 Women Revolutionizing the Art World Through NFTs | NFT CULTURE | NFT News | Web3 Culture | NFTs & Crypto Art

Meet five exceptional women who are making waves in the art world with their innovative and captivating creations. From digital art to immersive installations, these artists push boundaries and challenge conventions, using their talents to express their unique perspectives and inspire others. In this feature, we showcase their works and delve into their backgrounds, motivations, and aspirations.…

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KRAFTON and NAVER Z Expand Metaverse Strategy with $36M Joint Venture - NFTgators

Quick take:  KRAFTON and NAVER Z are forming a joint venture for a new metaverse platform “Migaloo”.   The two companies will invest 48 billion Korean won (~$36.4 million) in the new North America-based entity. KRAFTON will own 85% of the venture with NAVER Z owning the remaining 15%. KRAFTON and NAVER Z are forming a new joint venture in North America with an initial investment of 48 billion…

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What is Lazy Minting of NFTs? How Does it Work? - NFTICALLY

Are you an artist or creator looking to get into the world of non-fungible tokens? If so, then you know that minting NFTs can be expensive. With high gas fees and a complex process, many would-be creators are put off by the cost associated with minting. But there is an alternative: lazy minting of NFTs. Lazy minting is a relatively new concept that allows users to create digital collectibles. You…

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The NFT Crossroads 🛣

Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles Dear Bankless Nation, The world of NFTs stands at a fascinating crossroads, with passionate advocates and skeptics locked in ongoing debates about NFTs’ potential and longevity. That said, as we delve into the current market landscape we find ourselves caught between bullish excitement on the one hand…

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Mad Lads NFTs, built on the Revolutionary Backpack Protocol

Blockchain technology has opened up a world of possibilities for digital assets and ownership. Non-fungible tokens (NFTs) are one such application of blockchain technology that have captured the attention of the world. With NFTs, creators can tokenise their work, giving them proof of ownership and a unique identifier on the blockchain.  However, developers at Coral have taken NFTs a step further…

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District X Leader Accused of Attempting to Sell Entire Decentraland District - NFT News Today

Decentraland is an Ethereum blockchain-based virtual world that is currently dealing with a dispute between the leader of District X, RobL, and a group of community members.  District X is one of the 90 districts within Decentraland and was initially created as an art-focused district. However, community members have accused RobL of attempting to sell the entire district and not involving…

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XRSPACE Raises $25M to Develop 3D Live Experiences in the Metaverse - NFTgators

Quick take: XRSPACE has announced a $25 million funding round led by Foxconn Technology Group. Taiwan’s National Development Fund invested $10 Million. The company will use the fresh capital for R&D in the next generation of 3D live and social experiences. XRSPACE has announced a $25 million funding round led by Foxconn Technology Group. This was the Taiwanese tech manufacturer’s first…

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The ABCs of NFTs 🔤

Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles Dear Bankless Nation, It’s a misconception that the only thing you can do with NFTs is collect and trade them.  Of course, the NFT ecosystem is incredibly nascent, but there does already exist a compelling and varied range of different things you can try with NFTs, and these use cases are pointing to…

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Exclusive: Bugatti and Asprey Unveil The Most Expensive NFT Inscribed on the Bitcoin Blockchain

The Bugatti family was known for producing luxury goods long before they entered the automobile industry. Rembrandt Bugatti gained fame as a talented sculptor in the late 1800s and early 1900s, while Carlo Bugatti specialized in designing and manufacturing Art Nouveau furniture during the same era.  Carlo, father of Ettore Bugatti — who eventually founded the car manufacturing company in 1998 —…