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NFT & Crypto Updates

🖼 Someone Got $8.4 Million in Blur NFT Marketplace's Latest Airdrop

As
NFT marketplace Blur sets its sights on a so-called Season 3 of rewards for traders, one JPEG flipper walked away with more than $8.4 million worth of airdropped BLUR tokens from Season 2. Factoring in how active the trader was—across NFT bids, listings, and lending activity during its months-long Season 2—Blur awarded the pseudonymous Hanwe's hanwe.eth wallet with 22.85 million BLUR tokens, according to a Dune dashboard. The airdropped tokens were worth around $7.3 million when claimed late Monday, shortly after Blur’s Season 2 ended at 6 pm ET, but the token has risen in value since. Blur’s token is up about 8% over the past day at $0.37, according to CoinGecko. Using the Ethereum Name Service to assign their wallet a human-readable name, the trader received a substantial slice of the 300 million BLUR earmarked for Season 2’s end. According to the Dune data, Hanwe received the largest share of rewards for Season 2. Blur catapulted past OpenSea in terms of NFT trading volume this year, as the marketplace’s business—infused with incentives that encourage people to trade—struck a chord with crypto’s JPEG crowd.

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🔫 UNITAR Unveils Metaverse Experience for 60th Anniversary

The
United Nations Institute for Training and Research (UNITAR) is thrilled to announce the upcoming launch of a pioneering initiative in celebration of its 60th Anniversary - the UNITAR Metaverse. This immersive virtual journey marks a significant milestone as the first United Nations native Metaverse, harnessing technology to advance UNITAR's mission and bring its initiatives to a global audience. UNITAR's unwavering commitment to advancing the Sustainable Development Goals (SDGs) outlined in Agenda 2030. UNITAR strives to remain at the forefront of innovation and to set an example of how virtual environments can be harnessed for educational and informational purposes. The UNITAR Metaverse pays tribute to UNITAR's 60-year legacy, raises awareness about the SDGs, and provides an immersive educational journey. The experience begins at the quintessential Alley of the Flags, as the visitor approaches the Palais des Nations in Geneva. Once inside, visitors can explore and interact with several different rooms and universes, completely immersing him/ herself in each experience, and learning along the way. The entire experience culminates in empowerment, as the visitor leaves more knowledgeable, and able to make an impact as a "UNITAR Virtual Ambassador for Positive Change".

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🔫 Lockheed Martin Unveils Advanced Military Training Solutions with Metaverse Integration

Lockheed
Martin Corp (NYSE: LMT), a prominent American aerospace and defense technology corporation, has recently introduced a series of cutting-edge military training solutions that harness metaverse technologies. These innovative solutions aim to redefine immersive training experiences for military forces, offering advanced features that go beyond traditional projector-based systems. Lockheed Martin presents the Amorphic Appearance Zero-Projector (AMAZE) visual display system as a groundbreaking technology revolutionizing high-fidelity military training. The system utilizes LED modules and a light relay, eliminating the limitations of projector-based systems. Lockheed Martin emphasizes that AMAZE allows users to concentrate on strategic advantages rather than dealing with sustainment concerns, marking a significant shift in training realism. Lockheed Martin is Prepar3D, a sophisticated simulation and training software program. This versatile tool empowers military entities to craft learning scenarios spanning aviation, maritime, and ground domains within the virtual realm.

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🖼 NFT In The Ticketing Market is Booming and Expected to Grow at a CAGR of 13.67% from 2023-2031

According
to the latest research by InsightAce Analytic, the Global NFT In The Ticketing Market is expected to grow with a CAGR of 13.67% during the forecast period of 2023-2031. Integrating Non-Fungible Tokens (NFTs) into the ticketing market represents a transformative shift in how event tickets are bought, sold, and experienced. NFTs offer unique digital certificates of ownership and authenticity, allowing event organizers and fans to engage in new and innovative ways. NFTs in the ticketing market aim to solve several longstanding issues. They eliminate the problem of counterfeit tickets, enhancing security and trust in the ticketing process. NFTs also enable easy, secure, and transparent ticket resale, providing additional revenue streams for organizers and reducing ticket scalping. Moreover, they allow for the inclusion of exclusive content, experiences, and perks for NFT ticket holders, fostering deeper fan engagement. The adoption of NFTs in ticketing is poised to revolutionize the industry. As the market develops, addressing cost concerns and ensuring user-friendliness will be crucial for achieving widespread adoption and success.

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🔫 AR-glasses maker Rokid closes $112M round to expand metaverse products

Hangzhou
, China-headquartered augmented reality glasses maker Rokid Inc. today announced that it has closed a strategic investment round led by NetDragon Websoft Holdings Ltd., bringing its Series C funding round to $112 million. According to a report from Bloomberg, the cash infusion from the newest investor NetDragon brings the valuation for Rokid to $1 billion. The company will use the new funds to expand its reach overseas. NetDragon specializes in education and massively multiplayer games, with a focus on what are called “metaverse” technologies, which are highly immersive 3D spaces where users can interact, work, shop and play. This technology dovetails tightly with AR as it overlays holographic computer-generated graphics onto the real world, creating “mixed reality” experiences that allow people to interact with computer environments for education and gaming. Founded in 2014, Rokid develops augmented reality glasses and a fully open-source artificial intelligence voice interactive operating system YodaOS. The company released its first voice interaction product in 2016 and has since built up a large portfolio of AR glasses aimed at the industrial and consumer clientele.

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🖼 CoinGecko buys NFT data startup Zash in its first acquisition

CoinGecko
plans to incorporate Zash's NFT data into its platform by the second quarter of next year, the firm said Wednesday. The deal terms weren't disclosed; Web3 Studios served as the financial advisor for the transaction, CoinGecko said. Zash was founded in 2021 at Entrepreneur First, a European startup accelerator backed by veterans including LinkedIn co-founder Reid Hoffman and Stripe co-founder John Collison. Zash initially created a social investing app "verified by real on-chain and broker data" but pivoted to NFT data due to a lack of reliable and accurate blockchain data, specifically for NFTs. Zash today provides NFT data across 87 marketplaces on several blockchains, including Ethereum, Polygon, Solana and Bitcoin Ordinals. "After evaluating all existing NFT data providers in the space, Zash stands out as unparalleled," TM Lee, co-founder and CEO of CoinGecko, said in a statement. "Within 3 years, they have built a remarkable product with the most comprehensive NFT data coverage in the market, and commercialized with top tier clients with a lean team."

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🔫 Ubisoft teams up with Animoca Brands on Web3 metaverse Mocaverse

Animoca Brands, a company that has invested in hundreds of blockchain game startups, said it will collaborate with Ubisoft’s Strategic Innovation Lab to support its Web3 initiatives on Mocaverse, the metaverse project created by Animoca Brands. Mocaverse will collaborate, support, and amplify Ubisoft’s Strategic Innovation Lab Web3 initiatives, including Champions Tactics Grimoria Chronicles, a brand-new experimental player-versus-player tactical RPG in which mythical Champions engage in tactical battles against other players. Mocaverse is building an interoperable meta experience layer across Animoca Brands’ network of 400-plus portfolio companies and extended partner network, focusing on Web3 identity, social, and growth in the areas of culture and entertainment. Through the partnership, Mocaverse will integrate Champions Tactics Grimoria Chronicles into its Web3 Frequent Player Program as one of the anchor activations for Mocaverse. Yat Siu, cofounder and executive chairman of Animoca Brands, said in a statement, “Animoca Brands is dedicated to onboarding users to Web3 through gaming, culture, and entertainment. We’re incredibly excited to partner with Ubisoft’s Strategic Innovation Lab to drive awareness and facilitate user onboarding by tapping into the Mocaverse program and incentives.”

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🖼 LandRocker Launches Presale For Unique Play-2-Earn Game With NFTs

LandRocker is an emerging Play-to-Earn (P2E) game platform that uniquely blends the excitement of space exploration with the lucrative potential of crypto and NFTs. Players embark on intergalactic missions in this game to mine valuable resources, create NFTs, and trade on a marketplace. At its core, LandRocker uses blockchain to revolutionize reward distribution and validation, ensuring fairness and transparency. The project is kickstarting its journey with the presale of its native token, LandRocker Token (LRT), scheduled for November 27th. LandRocker’s standout feature is its Blockchain Validation System. This system guarantees secure, untraceable rewards, validated directly on the blockchain, a first in the P2E sector. This approach ensures high transparency and fairness in gaming rewards. The game offers various modes, including PvP battles, city conquests, and rover combat. These diverse modes cater to player preferences. LandRocker benefits from the expertise of a seasoned 20-year tech company, indicating a mature and well-developed project infrastructure.

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🖼 The Crown auctions props to fund NFTS scholarships

The
Crown producer, Left Bank, is to auction off props and costumes from the award winning show as it reaches its final series to fund a series of scholarships at The National Film and Television School. Bonhams has now announced the “once-in-a-lifetime auction” of close to 450 props, furniture, and costumes – including those inspired by Queen Elizabeth’s Coronation Robes and Diana’s ‘Revenge’ dress. The programme will support dozens of students to attend the National Film and Television School over the next 20 years. Exclusively benefitting UK students, the scholarships will go towards training a variety of behind the camera craft specialisations, from Editing and Composition to Directing and Production Design. NFTS alumni who have worked on The Crown include Composer Martin Phipps, Editor Úna Ní Dhonghaíle, Art Director Ian Crossland, VFX Supervisor Dillan Nicholls, Senior Compositor Saruta Puff Pisanwalerd and Sound Mixer Nina Rice among many others. A live sale of approximately 150 lots will take place on Wednesday 7 February 2024 at Bonhams in London.

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🖼 Vyvo Smart Chain Announces NFT Expansion for Apple Watch at Web Summit

Vyvo
Smart Chain that rewards healthy lifestyle habits, announces a significant upgrade of its proprietary Data Non-Fungible Token (Data-NFT) to allow binding with Apple Watch through the Apple HealthKit. This update enables Apple Watch devices to actively participate in Data Mining and earn $VSC using a Data-NFT. VSC unveiled this expansion during its participation in Web Summit’s Growth Startup Program in Lisbon. Data Mining on the Vyvo Smart Chain leverages health data gathered from IoT wearable technology, which is generated by the user’s biometrics collected by sensors. VSC empowers Data Owners with decentralization, granting them control over data ownership, privacy, and the ability to monetize their health data. This strategic move positions VSC at the forefront of HealthFi. Fabio Galdi, Co-Founder and CEO of VSC, noted this about the upgrade and expansion of VSC’s Data-NFTs capabilities stating, “Our mission has always been to use blockchain to expand what is possible with technology. With this technical upgrade to our proprietary Data-NFT, we advance our ecosystem to an entirely new user base.”

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🖼 NFT Trading Volume Hits 4-Month High

In
September, mainstream media outlets proclaimed NFTs to be worthless. Non-fungible tokens have surged ever since, with trading volumes hitting a four-month high on Nov. 10. Most popular collections have posted double-digit percentage gains over the past month, with Cryptopunks seeing an influx of buyers after Yuga Labs co-founder Wylie Aronow shelled out $1.1M for a rare punk. The NFT community appears to have taken matters into their own hands after a recently aired episode of The Simpsons took aim at NFTs. While the bounce comes as a welcome relief for NFT holders, it’s worth noting that a lot of the increased activity is driven by airdrop farmers rather than an influx of new buyers. Blur, the leading NFT marketplace by volume, has been running an airdrop campaign slated to end on November 20, with BLUR tokens distributed to active traders and lenders. BLUR has more than doubled in price over the past month, leading many airdrop farmers who had stopped participating in the program to return. This is evidenced by a spike in daily users of Blur, while OpenSea users have remained relatively steady.

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🖼 Steve Aoki Amplifies New Album with NFT Trading Cards

The
iconic DJ Steve Aoki is making waves with his eighth studio album ‘HiROQUEST 2: Double Helix’, officially dropping today. Additionally, an intriguing “collectors’ bundle” will be up for grabs on the NFT platform Kolex starting November 21. Transcending the conventional album format via a range of innovative quests, fans can anticipate delving into the Kolex ecosystem to tune into exclusive Aoki tracks and collect 12 special-edition digital trading cards (four of which are ultra rare), an entertaining graphic novel, and official merchandise through non-fungible assets. Steve Aoki has crafted a variety of quests to build hype surrounding the album. The initial HiROQUEST journey first kickstarted at ‘ Collect-A-Con’ in Houston, Texas, on November 4. Event attendees were invited to immerse themselves in all things HiROQUEST, collecting virtual promotional cards (NFTs), admiring Aoki’s live performance, and meeting the musical talent himself. The excitement surrounding the album doesn’t end there. It continues to build at 1201 S Santa Fe Ave, Los Angeles, at the “official album release party” on November 19.

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🔫 ZTX Unveils Global Metaverse Gaming Competition, Offering $ZTX Rewards

ZTX
, a pioneering Web3 virtual world and creator platform, has initiated a strategic global partnership to launch an innovative competition. This initiative allows speculators to engage in metaverse gaming predictions for the opportunity to win $ZTX rewards. The campaign, organized by ZGM, a global metaverse influencer management and content creation company, is set to debut during the Yield Guild Games Web3 Games Summit in Manila. Participants in the competition have the opportunity to speculate on the outcomes of metaverse games by holding certain amounts of $ZTX tokens in their wallets. The betting process is facilitated through the ZTX Discord server, and there is no direct payment or fee required for participation. Successful players stand a chance to win portions of a prize pool exceeding $20,000 USD worth of $ZTX tokens at current trading prices. Alexx, the Creative Direction and Innovation Leader at ZTX, expressed excitement about offering a novel way for token holders to utilize their tokens for enhanced experiences and entertainment value.

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🪙 Decentraland (MANA) Hosts Immersive Musical Metaverse Experience

Decentraland
, the leading virtual social world, is hosting its most ambitious music festival from November 16-18. Named Decentraland Music Festival ‘23 (#DCLMF23), the event promises three days of groundbreaking musical performances, games, and experiences accessible to everyone globally. Boasting five stages designed by award-winning virtual creators, the festival features over 80 diverse acts. Headliners include digital music pioneers like Cora Novoa, Trick Daddy, GuccieToe, Bufalo, Glitch Rave, and Steve Sai. Beyond the performances, #DCLMF23 offers numerous interactive experiences fusing music, gaming, and virtual worlds. Attendees can jam with friends in an interactive music river. They can also build a collaborative pixel art tower that gets displayed as a festival landmark. One medieval village quest tasks users with restoring stolen music by battling a boss. Neo-Techno Paganist raves send explorers on virtual wearable quests. Synthetic human DJs are set to perform, offering a glimpse into the music industry’s hi-tech future.

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🖼 Bazooka Tango Raises $5 Million to Revive 'Shardbound' as NFT Game

Bazooka
Tango, a studio formed by former developers of the fantasy MOBA game Vainglory, has secured $5 million in a new round of funding led by Bitkraft Ventures, the game studio announced Thursday. RW3 Ventures, Sfermion, and 1Up Ventures also participated in the round. Bazooka Tango plans to use the fresh funding to expand its team and further development on its upcoming title, Shardbound, which has committed to launch on the upcoming Immutable zkEVM network. “Amid an incredibly challenging year for VC funding, it speaks volumes to the quality of our games,” said Bazooka Tango CEO Bo Daly in a statement in response to the funding news. “We are focused on expanding our team in critical disciplines essential for launching and growing the Shardbound universe,” Daly added. Shardbound is a mix of an NFT trading card game and a turn-based player-versus-player RPG, where players must place characters strategically onto a tiled board. But the game was very much incomplete when Bazooka Tango took it over from its indie developers at Spiritwalk Games, who had left many art assets unfinished.

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🖼 Square Enix Is Launching Symbiogenesis, Its First Ethereum NFT Game

Square Enix, the storied video game publisher behind the Final Fantasy and Kingdom Hearts franchises, is gearing up to launch its first original Ethereum NFT game, Symbiogenesis. And now we know when the first NFT mint will take place. The Symbiogenesis auction process will begin on Monday, November 27 and span three waves for the first batch of NFT-based characters for the game. The first wave will take place on November 27-28, the second wave will follow from November 30 to December 1. Square Enix revealed a unique approach to the mint, which can potentially net early users free NFTs—but it depends on the level of demand seen for the assets. In total, Square Enix will launch 500 character NFTs for Chapter 1 of Symbiogenesis, with just 10 characters in the first wave, 90 in the second wave, and 400 in the third and final wave. The publisher opened up allowlist access earlier this month, letting users complete various quests and challenges within the game’s Discord chat server to gain access to the auction. Square Enix that will revolve around characters minted as Ethereum NFTs, along with items and other NFTs minted on scaling network Polygon.

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💰 CoinDCX enters into a collaboration with The Sandbox to develop metaverse and Web3.0 understanding

CoinDCX
, a VDA company, has announced its collaboration with The Sandbox, a blockchain gaming platform under Animoca Brands. Reportedly, this partnership will take centre stage in BharatBox, a metaverse hub in The Sandbox spotlighting artists and brands from India. According to an official release, unveiled at Unfold 2023, India’s Web3.0 event, the partnership was announced through a video. Following this, it was reported that the VDA platform is set to become an Ecosystem Partner. Sources suggest that CoinDCX and BharatBox will host exclusive game nights, along with co-hosting AMAs and co-creating knowledge repositories, which will include an Ambassador Program to promote the metaverse, engagement in giveaways and contests, and community-building activities across platforms such as Discord and Twitter. It’s believed that CoinDCX and BharatBox will develop metaverse projects and IPs tailored for the Indian audience, buildathons for creators to develop on the Sandbox platform, quests to attract users to the Indian neighbourhood in metaverse, grants and bounties for BharatBox-related activities, and an SDK for both The Sandbox and Bharatbox, compatible with Android and iOS applications.

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🖼 User claims $11M in Blur token rewards at NFT marketplace’s season 2 airdrop

A
pseudonymous nonfungible token (NFT) trader made around $11 million in the recent airdrop reward distribution conducted by the NFT marketplace Blur. Dune analytics data showed that a wallet with the Ethereum Name Service (ENS) tag called “hanwe.eth” claimed a total of 22,851,000 Blur (BLUR) tokens in the season two airdrop of Blur. At the time of writing, coin price tracker CoinGecko showed the amount is worth around $11.2 million. The end-of-season airdrop is one of the strategies employed by Blur to attract traders to use its platform. Blur rewards those who traded NFTs on the platform at the end of each season. The rewards vary depending on users’ activities within the NFT trading platform. In the most recent airdrop, Blur allocated a total reward pool of 300 million tokens worth $146 million at current BLUR prices. Around 38,000 addresses have already claimed their rewards, putting the total number of claimed tokens at 267 million. NFT whale Jeffrey Hwang, commonly known as Machi Big Brother, cursed at Blur after receiving 6 million tokens worth around $2.9 million.

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🔫 Vodafone Germany sets up cloud platform 'XR Stream' for live streaming offerings in metaverse

Vodafone Germany is hoping to make hay in the metaverse with the launch of XR Stream, a cloud-based platform that enables companies, artists and others to add immersive experiences to their events. Vodafone will combine its 5G-based metaverse expertise with livestreaming software developed by Inventive Studios, a Berlin-based motion capture specialist. Vodafone has been showing off the system at this week's Content Convention in Mainz. Back in the real world, Vodafone has produced new research which claims that a speedy rollout of 5G standalone across the UK could be worth as much as £7.4 billion (US$9.2 billion) in additional economic value by 2030 compared to a more desultory one. The number-crunching (carried out by WPI Economics) predicts that the benefits of an accelerated rollout would be most keenly felt in the densely populated southeastern corner of the UK, which could see an additional £790 million ($990 million) accrued by 2030 if the 5G sector pulls its collective finger out. Vodafone and Qualcomm have been demonstrating what they say are the first RAN Reduced Capability (RedCap) data calls on a European network.

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🇨🇳 Shanghai emerges as a leader in metaverse development

Shanghai
has been recognized as a top global metaverse city, with smart applications in the areas of tourism, urban development and medical services. This aspect was highlighted at the first World Metaverse Developer Conference (WMDC2023) in downtown Huangpu District on Wednesday, where the "2023 Metaverse City White Paper" was released. The white paper predicts that by 2025, the metaverse city industry will surpass the milestone of 100 billion yuan (US$14 billion). Shanghai, along with other leading cities like Seoul, Dubai, London, Singapore, New York, Tokyo, Riyadh, Paris and Santa Monica, is at the forefront of this growth. In 2022, China's metaverse city industry was valued at 26.8 billion yuan, with an expected increase to 104 billion yuan by 2025, marking a 50 percent annual growth rate. By 2028, the industry is projected to exceed 300 billion yuan. Shanghai has launched several initiatives to boost its metaverse sector. Huangpu District exemplifies Shanghai's metaverse development, showcasing digital projects like the Yuyuan Garden Metaverse Lantern Fair and the construction of a digital twin for Ruijin Hospital, according to the white paper.

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🖼 Animoca’s Mocaverse To Feature Ubisoft’s NFT Game

Animoca
's Frequent Player Program is an integral component of its broader NFT Membership project, Mocaverse. The program invites Mocaverse players to engage in thrilling battles among mythical Champions and earn "Realm Points" by completing various tasks. These points can be exchanged for exclusive access to virtual and real-world rewards provided by Animoca, Mocaverse, and its partner networks. The introduction of Moca IDs, blockchain-based identifiers, add an exclusive layer to the gaming experience. The Mocaverse, a cross-compatible meta-experience layer developed by Animoca Brands, is strategically expanding its reach across the company's extensive network of over 400 entities. This move aims to strengthen Animoca Brands' presence in the Web3 space and enhance its growth in the entertainment sector. Ubisoft's Champions Tactics Grimoria Chronicles is positioned as a key highlight within this initiative. While specific details of the collaboration between Ubisoft's Strategic Innovation Lab and Animoca remain undisclosed, the Mocaverse is positioned to "collaborate, support, and amplify" Ubisoft's blockchain efforts. Nicolas Pouard, Ubisoft VP of Strategic Innovation Lab, expressed the company's pleasure.

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🔫 Kominfo launches disability-friendly metaverse on website

The
Communication and Informatics Ministry (Kominfo) launched inclusive features and metaverse for people with disabilities on its website in collaboration with state-owned telecommunications company Telkom. Deputy Minister of Communication and Informatics Nezar Patria stated here on Tuesday that the innovations were made in the efforts to fulfill the rights of disabled people in Indonesia. "As we know, there are almost 23 million Indonesians who are disabled. Patria remarked that disabled people can access the inclusive feature page on the ministry's website kominfo.go.id through the "assistive touch" button. When the button is pressed, several features will appear that can help people with disabilities to access content on the kominfo.go.id site. "Our first step is launching the (page) access for disabled people, and the metaverse is for them to be present in the virtual space. Both can increase accessibility and inclusivity," he remarked. He stated that the inclusive metaverse and features on the ministry's website have started operating since Tuesday while expressing hope that they could be milestones in increasing accessibility in Indonesia's digital space.

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💰 Bitcoin leads NFT market with surge in BRC-20 token sales

Bitcoin
has taken a significant lead over Ethereum in the non-fungible token (NFT) market. Data from CryptoSlam indicates that Bitcoin's NFT sales volumes have reached $16.94 million in just one day, contributing to a weekly total of $177 million, marking an 88% increase. This surge is attributed to the growing popularity of SATS BRC-20 NFTs, which are currently the most sought-after collections on the Bitcoin network. The resurgence in Bitcoin's NFT market is largely due to the success of the Ordinals protocol, as reported by Dune analytics. The protocol has seen more than 5.6 million inscriptions this November alone, suggesting a robust revival from what was previously termed as an NFT winter. This increase in activity has also been reflected in transaction fees, where Bitcoin has outpaced Ethereum. According to Glassnode statistics from Monday, Bitcoin's average transaction fee stood at $10.35, surpassing Ethereum’s $8.43. This indicates a significant uptick in network activity and interest in Bitcoin-based NFTs and smart contracts functionality.

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🔫 6,600 working professionals get BITS Pilani degrees in Metaverse

Over
6,600 working professionals received their degrees in 26 different programmes from BITS Pilani in a Convocation organised in the Metaverse on Sunday, while another 900 students received their degrees in person. While 5,183 students received their MTech degrees, 1,641 students received their MBA degrees, 70 students earned their BTech degrees, and another 70 students obtained their MSc degrees. The Convocation was exclusively organised by the Work Integrated Learning Programmes (WILP) division of Birla Institute of Technology & Science (BITS) Pilani. “This was arguably the first convocation in India that was organised for working professionals at such a large scale, especially by a leading higher education institute in science, engineering, and management domains,” a spokesperson of the institute said. About 900 working professionals participated in the convocation organised at the BITS’ Hyderabad campus and received their degrees in person. “For over 43 years now, more than 1.14 lakh working professionals have benefited from the institute’s work-integrated learning programmes”, he said.

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🖼 Tezos Philippines Announces 3rd Annual Christmas-Themed Digital Art NFT Contest

Tezmas 2023 Announcement: Tezos Philippines, in collaboration with TZ APAC, proudly presents the 3rd edition of the Pinoy Christmas-themed NFT contest. This global event invites artists to create NFTs that celebrate the Filipino Christmas spirit. Distinguished Panel of Judges: Featuring an esteemed jury with Sheree Gotuaco of Scarletbox, Ombeline Rosset (Cabline) of OBJKT, Natasha Lau of TZ APAC, Kimi Delgado from Galeria Paloma, Henry Banayat of Bitshares Labs, and artist Jopet Arias of CryptoArtPH. Tezos Philippines, proudly supported by TZ APAC, a Web3 ecosystem builder empowering founders, creators, developers and institution leaders to thrive, is thrilled to announce the third edition of Tezmas, a digital art NFT minting contest. Celebrating the unique spirit of Filipino Christmas, this year’s contest invites global artists to craft NFTs that embrace the festive essence of the Philippine Christmas season. The prize pool boasts a total of USD 2900 worth of a combination USD and tez, a form of digital currency, with submissions opening from November 6 to December 11, 2023. Tezos Philippines aims to curate a minimum of 80 entries that will resonate with seasoned artists in the Tezos ecosystem and serve as a platform for budding talents in the NFT realm.

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💰 ORDI price nears record high and NFT sales of Bitcoin Ordinals increase

The
significant increase in the price of the ORDI token and the corresponding increase in NFT sales of Bitcoin Ordinals reflect a rapidly changing market dynamic. Currently, the price of the ORDI token is approaching its all-time high, touching $28.37, an impressive 845% increase from its lowest point this year. The cryptocurrency ecosystem is currently in the maelstrom of a significant transformation, with the ORDI token emerging as a fast-rising player. A surge of 845% over the year, a trading volume of more than $20 million, and the rise of NFT sales of Bitcoin Ordinals outline a dynamic landscape, drawing investors’ attention to this expanding cryptocurrency. The remarkable volume of Bitcoin Ordinals, which has exceeded $20 million, highlights a growing demand for this cryptocurrency. In the context of NFTs, Bitcoin Ordinals emerge as relevant players, with volume even exceeding that of Ethereum, reaching over $11 million in the last 24 hours. Analyzing the landscape further, total futures open interest for ORDI tokens reached a record high of $124 million in the past 24 hours.

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🖼 Van Gogh NFTs sell for millions as tokens moon again

Data
from on-chain aggregator CryptoSlam.io shows that a non-fungible token (NFT) rendition of a painting by Van Gogh has changed hands for $1.3 million. The transaction comes only a day after another Van Gogh-inspired NFT sold for $1.27 million. Auction records reveal that the digitized paintings, number 132, fetched a sum of 35.9999 BTC or $1,313,635, while number 283 was sold for 34.9999 BTC, translating to $1,275.612 on the Bitcoin network. The pieces are some of the many Van Gogh-inspired NFTs in the non-fungible market. In October, Paris’ renowned Musée d’Orsay announced the creation of unique NFTs inspired by van Gogh’s last days. One category offered an immersive augmented reality experience of Van Gogh’s ultimate palette, while the other showcased an exclusive digital art piece by French artist KERU, echoing Van Gogh’s style. The Musée d’Orsay also announced plans to welcome digital artists who employ blockchain in their work to curate collections influenced by the museum’s permanent exhibits starting in 2024.

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🖼 Umoja Foundation’s charity NFT collection that supports Ugandan orphans mints November 28 for Giving Tuesday

Umoja
Foundation, the philanthropic web3 project, has unveiled their first collection of 6,050 charity NFTs set to mint on November 28 for Giving Tuesday. Hinging on the limitless possibilities that web3 opens up for direct humanitarian impact, Umoja’s mission starts with evolving NFTs into social tokens for good, providing altruistic, real-world utility. Umoja believes the next generation of philanthropy belongs on the blockchain thanks to its numerous benefits. Ideated by the very people the project supports, each Umoja charity NFT supports the orphans and surrounding needy community of Dasom Ministries Orphanage in Uganda. The 17 resident children of Dasom Ministries, led by Joel Muwonge, are not only the beneficiaries of the project’s proceeds, but also the artistic visionaries behind every piece of generative art in the collection. Proceeds from Umoja’s NFT sales provide direct real-world value by funding Dasom Ministries’ recurring expenses like food, medicine, education, and clothing, and fixed-cost projects like constructing a larger home, purchasing a transport van, and a clean water project.

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💰 Solana's Top NFT Project Just Pumped 122% in a Week

Solana
(SOL) has seen a wild pump lately, more than doubling over the past month and hitting an 18-month high earlier this week. But it’s not just SOL that’s on the way up—the network’s top NFT project has also seen a rapid rise in value of late, registering a price climb of more than 100% in just the last seven days alone. According to blockchain data compiled by SolanaFloor, the floor price of a Mad Lads NFT has jumped 122% over the past week to 100 SOL, or about $5,750 at present. According to blockchain data compiled by SolanaFloor, the floor price of a Mad Lads NFT has jumped 122% over the past week to 100 SOL, or about $5,750 at present. That makes it the most valuable Solana collection by floor and also by market cap based on that floor price, which ultimately tops $57 million. This week, Mad Lads's price jumped even higher, above $6,000 worth of Solana. Not only was this notable for the price of the assets themselves, but also because the Mad Lads floor briefly surpassed that of DeGods. Mad Lads has registered the third-most trading volume of any NFT project over the last week, per data from CryptoSlam.

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🔫 Spacenet Enterprises acquires stake in String Metaverse

Spacenet
Enterprises India Ltd., listed on the NSE, soon after making a strategic investment in BillMart.com, a Mumbai-based bill discounting fintech platform, has announced securing a significant stake in String Metaverse Ltd., which is into Web3.0, Esports and others for an unspecified amount. String Metaverse, with its presence in India, Hong Kong, and Gift City in Gujarat, is expanding its Esports platform across India, the Middle East, South East Asia, and Europe, Spacenet said in a statement. Prakash Dasigi, Executive Director, Spacenet Enterprises India in a statement said, “After a successful stake acquisition in BillMart, our second investment into String Metaverse reaffirms our confidence that both investments will yield exceptional returns, potentially ranging from 50-100 times for our shareholders over the next 3-5 years.” Ganesh Meenavalli, Director and Head of Global Esports Operations, String Metaverse said, “More than 20 million Gen Z, India Esports community will lead the global Esports scenario.” . which is into Web3.0, Esports and others for an unspecified amount.

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