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📣 Seoul launches ambitious metaverse platform for city services, tourism

The
Seoul Metropolitan Government officially opened the doors Monday to its own metaverse platform, a virtual world where users will be able to play games, chat, file official forms, get help with taxes and receive other city services. The South Korean capital is the first major city to set up a public metaverse platform, with a five-year roadmap for rolling out a full menu of government, business, tourism and culture offerings. During the first phase of the rollout, Seoul citizens will be able to access official city paperwork, file complaints and get personalized answers about local taxes. but is now widely available through the Google Play and Apple app stores.

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💰 Bored Ape Yacht Club NFT Sales Spike Ahead of Yuga’s Dookey Dash Game

Sales
for Bored Ape Yacht Club NFTs and associated projects are surging this week as creator Yuga Labs revealed plans for Dookey Dash, a skill-based web game that requires an NFT to play and promises as-yet-unrevealed rewards for top scores. Dookey Dash is an “endless runner” style game that can be played within a web browser, challenging players to progress as far as they can through a cartoonish sewer environment while picking up items—all without crashing and failing. Only owners of Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs can receive a Sewer Pass NFT to play the upcoming game. Yuga Labs revealed full details for the experience late Wednesday, and sales for its Ethereum NFT projects have spiked in the hours since.

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🖼 Coggi NFT Sells Out Second Release as CORE Mainnet Launches

The
latest NFT Collection sold out rapidly, paving the way for creating more digital artworks. The newest sale comes after the protocol sold out the first ten Non-Fungible Tokens (NFT) on January 6, as reported by BSC News. The new collection comprises two NFTs sold via the Miidas marketplace on Core. The first of two digital artworks sold out in under five seconds, while the second was purchased by a community member who followed the channel. Fahura Digital Arts have also teased launching another collection to the public in a similar fashion. Fahura Digital Arts mints the COGGI Coin NFTs as ERC-721 tokens on the CoreDAO testnet. Now that the CoreDAO Mainnet is live, we expect the creator, powered by Rice Protocol, to launch its NFT collection to the public soon.

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🖼 Dungeons & Dragons Wants Nothing to Do With Web3 or NFTs

Dungeons
& Dragons (D&D) community this week, publisher Wizards of the Coast today said that it will scrap some planned license changes that impact fan-made content and projects. But an updated license is still coming, and it appears that derivative Web3 content such as NFTs will indeed be prohibited under the new rules. Wizards of the Coast first shared plans last year to update the long-standing Dungeons & Dragons Open Game License (OGL), which allowed fans and other companies to create and sell derivative works inspired by the tabletop role-playing smash. One of the stated targets in the upgrade was D&D-inspired NFT collectibles and projects.

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⚡️ Bill Gates Props Up AI Against Metaverse and Web3 Tech

Bill
Gates, the co-founder of Microsoft, has given his opinion about the relevance of Web3, metaverse, and AI (artificial intelligence), a set of technologies in development today. Gates stated that AI was “the big” revolutionary technology that is comparable to what the internet was in the year 2000. Bill Gates, one of the co-founders of software behemoth Microsoft, has issued his opinion when it comes to the state and relevance of several emergent technologies being developed today. In a recent Reddit AMA, Gates showed a preference for AI (artificial intelligence) over other alternatives such as Web3 and the metaverse, when asked about the relevance of this set of technologies being developed.

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📣 L’Oréal Is Among New Investors in Metaverse Developer Digital Village

In
a fashionable vote of confidence for the metaverse and Web3, L’Oréal’s venture capital fund BOLD and the British Fashion Council are among participants in a $4 million funding round for French metaverse developer Digital Village. The company revolutionizes commerce and community engagement by equipping brands and creators with the tools to build captivating, immersive virtual experiences in the metaverse,” according to an announcement shared first with WWD. “The funding will be used to enhance the platform’s capabilities, adding new tools to power 3D world development, advanced avatar customization .

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🖼 New Trump NFT collection lets users buy Zoom access to Donald Trump

A
new collection called Win Trump Prizes that allows users to buy rewards related to former U.S. president Donald Trump launched on OpenSea. Individuals can claim a one-on-one Zoom meeting with Trump for 200 ETH ($277, 000), a gala dinner ticket for 50 ETH ($69,000). The collection has trading volume of 35 ETH ($48,500) with 669 owners, OpenSea's profile for the Win Trump Prizes collection says. When a separate Trump Trading Card NFT collection first launched, users were told that those who bought the $99 NFT would be entered into a sweepstakes to win rewards, such as a one-on-one with Trump. Also, if one were to purchase 45 of the NFTs, they would instantly win a gala dinner ticket with Trump.

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⚡️ Hockey India enters the metaverse ahead of home World Cup

Hockey
India has launched a new metaverse product to tie in with its hosting of the Men’s World Cup in Bhubaneswar and Rourkela from January 13-29. ‘Hockeyverse’, which Hockey India claims marks a first for a national sports federation, has been launched across the governing body’s social media platforms and is designed to enhance the tournament experience for fans around the world.

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⚡️ Metaverse Can Build Access for Big Companies, Says Virtual Brand Group CEO

The
metaverse provides big companies an opportunity to expand and leverage their position in the world of commerce, according to Justin Hochberg, CEO of metaverse building company Virtual Brand Group (VBG). “In the metaverse you can reposition yourself to a totally new demographic, new revenue stream, new products and new style,” Hochberg said on CoinDesk TV’s “First Mover” from the Consumer Electronics Show (CES) in Las Vegas. The Los Angeles, California-based company is a middleman for global companies looking to expand their endeavors in the metaverse.

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⚡️ Retailer H&M Takes Brand to Metaverse-Like Experience on Roblox

H
&M is the latest retailer to enter the metaverse and gamify the shopping experience on Roblox. H&M Loooptopia allows consumers to experiment with materials, patterns, and fabrics to create a one-of-a-kind wardrobe for avatars within the 3D experience. “H&M wanted to offer an experience that promotes fun and sustainability, in keeping with their brand DNA of Style, Creativity, and Culture,” said Andrew Douthwaite, a chief commercial officer of Dubit. Loooptopia lets players interact with several worlds, including Rainbooow Fields, Neon Studiooo, and Fabric Forest. They can build and trade outfits and take selfies while listening to different tracks. If players use recycled clothing, it unlocks the ability to earn rare elements.

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🖼 Mobile Streams wins NFT contract with La Liga football club Cadiz CF

Mobile
Streams PLC on Wednesday said it has signed a five year contract to be the exclusive provider of non-fungible tokens for La Liga football club Cadiz Club de Futbol.Under the contract, Mobile Streams will be the exclusive provider of NFT products for Cadiz CF. Mobile Streams is a London-based mobile content provider. Cadiz Club de Futbol is a Spanish professionAL football club based in Cadiz, Andalusia. It competes in Spain's top-flight football league La Liga, "one of the world's top sporting leagues.". The NFTs will be sold via a primary marketplace that the company is creating for the club, as well as via Mobile Streams' telco contracts globally, its LiveScores sites and apps, and the MOSMetaverse website.

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🤟 BAYC Leads the Pack as NFT Sales Bounce Back in New Year

Bouncing
back after months of declining prices and waning interest, NFT sales volume has started the new year off strong, data shows. In the week ending Jan. 7, NFT sales increased by 26%, led by frontrunning project Bored Ape Yacht Club, which saw a 53% week-over-week increase, according to data compiled by CryptoSlam. Ethereum was the most popular blockchain by sales volume, accounting for $164 million of the total $209 million in sales completed over the week. Even after its two most valuable NFT projects, DeGods and y00ts, announced plans to move to Ethereum and Polygon, respectively, Solana saw its NFT sales grow by nearly 30% last week, per the data. Dust Labs, the startup behind both DeGods and y00ts, said it received a $3 million grant from Polygon to move blockchains.

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🇦🇺 Australian Open Metaverse Announces Mint for AO23 ArtBall

NFT
Technologies Inc. a leading technology company partnering with top-tier brands to accelerate their entry into the world of web3 through innovative technologies and unparalleled creativity, is pleased to announce that its project with Tennis Australia, AO Metaverse has announced mint schedule for ArtBall 2023. New for AO23 is Match Point equivalent tickets. Any AO ArtBall that scores a Match Point on the AO23 court, will receive a claim for two tickets to the equivalent match at AO24. Meaning if an AO ArtBall scores the Match Point from the Men’s or Women’s Singles Final, the AO23 ArtBall Member gets two complimentary tickets to the Men’s or Women’s Singles Final at AO24, respectively.We are pleased to offer our AO22 supporters a unique opportunity to join the waitlist and secure their ArtBalls.

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⛵️ OpenSea Integrates with Arbitrum Nova to Provide Low-Cost Data Availability for NFTs

OpenSea
, a leading marketplace for digital collectibles and non-fungible tokens (NFTs), has announced support for Arbitrum Nova, a Layer 2 blockchain that aims to provide low-cost data availability. Arbitrum Nova, a new addition to the Arbitrum ecosystem, is intended to be the premier choice for Web3 gaming and social applications. Together with Arbitrum One, which is suitable for DeFi and NFT projects, Arbitrum now offers two mainnet chains that can accommodate a wide range of blockchain use cases. With this integration, OpenSea users will now be able to access Nova as a more affordable alternative to Ethereum when buying or selling digital collectibles. In September 2022, OpenSea began supporting Arbitrum, a Layer 2 scaling network and sister to Nova, which were both created by Offchain Labs.

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📣 NFT Pioneer Paspath Opens Way to Rupiah Payment for Digital Assets in Indonesia

Paspath
, a new NFT marketplace that launched on December 31st, 2022, has become the first platform of its kind to accept Indonesian Rupiah (INR) for payments, greatly reducing the barriers for Web2 users to enter and experience Web3 in a secure and convenient way. Paspath will make a wide range of NFTs available to Indonesian art fans and collectors, allowing them to buy and trade digital assets across all major blockchains, including Ethereum chain, BNB and more. For the first time users can use Rupiah to gain seamless access to crypto-collectibles based on blockchain technology, which has revolutionized finance, digital commerce and daily life.

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💰 Shiba Inu Invited to Austin’s SXSW to Showcase Metaverse

Shiba
Inu and SHIB The Metaverse have been invited to the South by Southwest (SXSW) XR Experience at the SXSW 2023 Festival in Austin, Texas. Badge holders and attendees to the popular music and art festival in Texas will have full access to the VR/AR experience on display in March, according to the January 12 blog post. The Shiba Inu team will showcase its WAGMI (We All Going to Make It) Temple Hub, bringing the Ethereum-based metaverse experience to the festival before public release. The SXSW Film and TV Festival is set to happen between March 10 to 19, 2023 in Austin. The festival routinely sees over a quarter million people, representing a great opportunity for Shiba Inu to boost its exposure.

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⚡️ Music NFTs are helping independent creators monetize and build a fanbase

The music industry is notoriously centralized, with major record labels often controlling nearly every facet of an artist’s career — from which songs they are allowed to release to what percentage of the royalties they keep and more. While the rise of streaming platforms like SoundCloud and Spotify has helped democratize the industry and made it significantly easier to get one’s music in front of more ears, it’s still an uphill battle to build a dedicated fanbase and generate enough revenue to survive. Enter music NFTs. For those in the blockchain space, nonfungible tokens represent an opportunity for fans to directly support their favorite artists, for musicians to build stronger communities with their listeners, and for content creators to build more substantial and sustainable income streams.

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🖼 Trump's NFT Prize Collection Surfaces on Secondary Markets, Generates $53K in 24-Hour Sales

Following
the launch of Donald Trump’s non-fungible token (NFT) card collection, winners of the Trump-themed prizes are selling prize NFTs on secondary NFT marketplaces such as Opensea. The Polygon-minted NFTs act as passes for a one-on-one Zoom meeting with the 45th president of the United States and a gala dinner with Trump. During the past 24 hours, the “Win Trump Prizes” collection has seen 38 ether, or roughly $53,000 in sales, on Thursday, Jan. 12, 2023. The former president of the United States, Donald Trump, recently sold a collection of non-fungible token (NFT) cards that sold out on the first day of its launch. The NFT collection caused a stir among pundits on the left side of the political spectrum.

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💰 Solscan Bullish on Solana NFTs in 2022 Year-End Report

Solscan
celebrates the accomplishments of Solana NFTs during 2022 and concludes that, despite the bear, the sector is positioned for future success. The team behind blockchain explorer Solscan has published an annual review on the performance of Solana Non-Fungible Tokens (NFTs) in 2022. The report covers the explosion of Solana NFTs during the year, the difficulties experienced due to the bear market and FTX implosion, and the position of Solana NFTs going into 2023. Topping the list of Solana NFT collections in terms of volume were y00ts and DeGods, two related projects that generated shockwaves throughout the Solana community when it was announced they would be leaving the chain for Ethereum and Polygon.

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⚡️Brands showcase metaverse platforms at Auto Expo 2023

After
a dull 2022, metaverse projects are back with a bang at the Auto Expo 2023. On Wednesday, companies including Maruti Suzuki, Hyundai Motor and MG Motor showcased their metaverse experiences, and created ‘digital twins’ of their own Auto Expo floors. On Tuesday, Maruti announced the Expoverse, its third attempt at creating a metaverse environment for its users after the Nexa-verse in July 2022, and Arena-verse in December. The first two metaverse experiences for India’s largest car manufacturer were akin to virtual car colour and configuration simulators, and were made available across its showrooms. allows users to access the company’s metaverse experience on a web browser.

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🖼 NFT sales rise 13% in December, breaking 8-month streak of declines

Monthly trading volume of NFTs in December broke an 8-month streak of declines in 2022, rising 13% from November to $549.5 million, according to The Block's data dashboard. After eight months of consecutive decreases, sales of NFTs rose 13% in December. The increase is "most likely a combination of tax loss harvesting and a revitalization of popular narratives around some of the blue-chip PFP projects, most notably Yuga Labs, given their upcoming 'Trial of Jimmy the Monkey’ event," says Thomas Bialek from The Block Research. Despite the month-over-month increase, trading volumes are still just a fraction of what they were a year age with December of 2021.

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📣 Hublot plays creative card as timekeeper of the metaverse

Hublot
has partnered with renowned U.S.-based stadium architects MEIS and pioneering metaverse builders Spatial to create the 90,000 spectator Hublot Loves Football Metaverse Stadium. The spectacular one-kilometer-long venue showcases Hublot’s love for football, boundless innovation and community. Official Timekeeper for the world of football, Hublot has made a grand entrance in the metaverse, unveiling the ‘Hublot Loves Football Metaverse Stadium’. This hybrid sports, art and digital events space is inspired by the design of Hublot’s connected Big Bang e watch.The love of football is an infinite source of inspiration for Hublot. In imagining this stadium, the luxury watchmaker has created a place to share dreams and welcome its Ambassadors.

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⚡️ Shanghai Two Sessions: metaverse development requires stronger supervision

Metaverse
was discussed at Shanghai’s Two Sessions this week, the city’s most influential annual political meetings, where a delegate called for more regulatory efforts toward the supervision and development of metaverses. The market value of 135 Chinese metaverse-related stocks was at 1.3 trillion yuan (US$192 billion) as of 03:30 p.m. Some companies use the metaverse concept as a gimmick, Zhai Jun, a Two Sessions delegate of the Revolutionary Committee of the Chinese Kuomintang, told state media Chinanews.com at the gathering. According to the delegate, businesses are damaging the trust in metaverse-inspired projects by adding the word “metaverse” to legacy products and services. Hong Kong time, according to eastmoney.com, a finance information provider based in the mainland.

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📣 Taunt Battleworld Announces Launch of Black Magic NFT Collection

Taunt Battleworld, a digital collectible competitive fighting game for the metaverse,will launch its next NFT collection, the Black Magic Collection, on January 14, 2023 exclusively on Magic Eden. web 3.0 characters, combat sports legends, or lethal Acolyte Warriors. These NFTs are ideal for gamers and enthusiasts interested in the fighting game genre featuring player-owned assets and various live tournaments. In addition, all fighters will also come with a decentralized artificial intelligence Brain from Altered State Machine. The ASM Brains are AI NFTs, which will power future utility in the game such as training, personality, and breeding. all fighters will also come with a decentralized artificial intelligence.

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📣 ISLAcore NFT Meets Hype on Core DAO with Testnet Purchase Test

Another
NFT sell out on Core DAO's testnet helps continue to build momentum for the mainnet launch. A small but notable feat: ISLAcore has sold out its Non-Fungible Tokens (NFT) on the Miidas NFT Marketplace via the Core DAO testnet. In another successful test for the Core DAO mainnet, the ISLAcore team put eleven NFTs up for sale on the Miidas NFT testnet marketplace and sold out all eleven. The NFTs for sale included imagery of Core DAO coins and fluffy finger puppet-esque characters with lettering that reads “Hello CoreDAO 2023.” The team took to Twitter on January 9 to celebrate the successful test.The IslaCORE team is grateful to all who participated and will be gifting early adopters with a unique NFT from its team.

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🖼 Trump NFT Mania Gets a Very Short Term as Sales Nearly Vanish

It
’s been less than a month since Donald Trump’s official NFT trading cards launched to a mostly perplexed response, even from his supporters, and the ensuing hype was sizable but short-lived. Now the NFT trading card project has slumped to new lows as trading demand continues to vanish. Secondary market trading volume for the Trump Digital Trading Cards project hit a new daily low of just over $21,000 on Sunday, per data from CryptoSlam. The largest single-day tally for the project so far in 2023 is just shy of $33,000 on January 5. when more than $3.5 million worth of the NFTs were traded soon after the original primary sale. There were more than 2,000 unique buyers on that date last month, and over 3,300 unique buyers on December 16 as prices started climbing.

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🆘 Fake Pokémon NFT Game Infests Users’ Computers With Malware

The
security firm notified the community that the reported malware was distributed through a phishing page disguised as a Pokémon NFT card game. Upon downloading the game, users’ computers were put at risk, and they would lose control to hackers. NetSupport Manager is a remote control tool that corporate and ordinary users use to remotely control systems. While developers may not have developed remote administration tools like NetSupport with malicious intent, many threat actors use them for malicious purposes. These include installing additional malware and extorting information. The security firm shared that hackers have consistently used NetSupport RAT.

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⚡️ Touch, smell become the next big thing for the metaverse at CES 2023

The
sense of smell has been added to the virtual reality (VR) experience as showcased by metaverse-focused companies at the Consumer Electronics Show (CES) 2023. A recent report from consulting firm McKinsey & Company predicted that the metaverse could potentially generate $5 trillion in value by 2030. However, the report noted that metaverse success would need a more developed human aspect that delivers positive experiences to its users. One of these catalysts may be the integration of the sense of smell and touch into VR experiences which were showcased at the recent CES. According to Aaron Wisniewski, the CEO of OVR Technology, extended reality will soon be integrated with commerce, entertainment, social connection, education and well-being. The CEO highlighted that scent gives these experiences “unmatched power.”

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📣 Miidas NFT has confirmed it completed the Y2023 NFT Collection Airdrop

Miidas NFT has confirmed it completed the Y2023 NFT Collection Airdrop to participating users almost ten days before the January 15 expected date. The Miidas team confirmed that over 13,000 wallets were input into the participation list. The airdrop opportunity ran before the New Year, from December 26 to January 1. Users had to participate in simple social media tasks to add to the eligibility list. The Miidas team published a short YouTube for guidance on how to obtain your NFT and retrieve it from your decentralized wallet.The Miidas NFTs are coming as the CoreDAO mainnet launch imminently approaches the anxious community. The Miidas NFT sold out their NFT presale to Core Miners last month. The presale sold out in about five hours.

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⚡️ Sony, Manchester City building a metaverse

Tech
giant Sony has shown a brief look of the metaverse experience it is building with the football club Manchester City at the Consumer Electronics Show (CES) 2023. Sony and Manchester City are calling this experience a "proof of concept" (PoC), which will allow players to participate in activities at a virtual version of the team's Etihad Stadium with their own custom avatars, reports The Verge. In an official video posted by 'Sony-Global', virtual avatars are running around the stadium and field, dancing and celebrating together.Avatars, 3D images and "other expressions unique to the metaverse" will allow players to communicate "in a new way," Nami Iwamoto, a senior product planner at Sony, said during the tech giant's CES 2023 keynote.

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