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📣 India's metaverse platform Bharatmeta receives global recognition at VivaTech in Paris
India is poised to become a major player in the metaverse technology landscape, as showcased by Kiya.ai, an India-based company specializing in Artificial Intelligence and emerging technology solutions. At the prestigious VivaTech event held in Paris 2023, Kiya.ai unveiled its version of the metaverse called Bharatmeta, making it the first of its kind from India. The demonstration took place at the India Pavilion during the event ‘VivaTech’ , which is recognized as Europe's largest annual technology and startup gathering. With a presence in 12 global offices, Kiya.ai serves more than 550 enterprises across 56 countries, including South-East Asia, Africa, the Middle East, Europe, and North America. While talking to ANI, Rajesh Mirjankar, the Managing Director and CEO of Kiya.ai, explained that while existing global platforms primarily focus on gaming and virtual goods, his company's emphasis is on enabling the commerce of both physical and virtual products. This unique approach allows real businesses to embrace metaverse technology and leverage its potential. The metaverse refers to a multi-dimensional digital space that employs virtual reality and augmented reality to provide lifelike experiences to users online.
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🖼 Sound.xyz Minted 150,000 Music NFTs, Impressive Start On Optimism
Sound.xyz is tuning in with the major Layer 2 scaling solution, Optimism, to address important Web3 industry challenges, such as high gas prices and sluggish transactions connected with Ethereum’s mainnet. The music NFT platform Sound.xyz has acknowledged Vitalik Buterin, a co-founder of Ethereum, with a Eurodisco dance tune nicknamed “V-Buterin.” Importantly, the music is free to listen to till June 19 at 7:00 p.m. Sound.xyz, a Web3 music portal, provides it as a free-to-mint NFT for interested investors and NFT aficionados. According to Dune analysis, since the announcement of Optimism’s debut on June 13, the music NFT distribution network Sound.xyz has minted more than 150,000 music NFTs on Optimism this month, which is about the same as the number of music NFTs minted on Ethereum over the last year. The majority of the mining comes from the V Buterin track NFT published by Optimism Collective. Sound.xyz achieves a phenomenal 90% decrease in gas expenses by using the Optimism Layer 2 technology, which is a major success given that the rates have often surpassed the cost of the music. Moreover, as a result of this collaboration, transaction speeds on the music-centric NFT marketplace have increased sixfold.
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🖼 Nike’s Airphoria NFT Sneaker Hunt Takes Over Fortnite
Nike, the global footwear and apparel giant, has recently hinted at the possibility of releasing a collection of sneaker non-fungible tokens (NFTs) in the widely popular online game Fortnite. This move would present a potentially massive opportunity for Web3 adoption by traditional gamers, given that Fortnite has had more than 242.9 million active players over the past 30 days, according to Active Player. The announcement was made on June 16 across Nike’s social media channels, stating that the “ultimate Sneakerhunt begins” on June 20. The accompanying video features Fortnite’s logo and Nike’s Air Max logo front and center amidst a backdrop of floating clouds in the sky. Then, the video transitions to reveal the name of the sneaker hunt, “Airphoria,” followed by Nike’s logo for its web3 platform.SWOOSH alongside the logo for Epic Games’ Unreal Engine. Details are currently scarce, but members of the NFT community speculated that Nike may have built an NFT-related game using Fornite Creative 2.0, which essentially enables users to create their virtual island game maps using Fortnite assets.
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🪙 TRON Builds on its Blockchain Origins with New Metaverse-Focused Mission, Vision, and Values
TRON unveiled its new mission, vision, and values at its annual internal conference last week. Founder Justin Sun delivered a speech outlining TRON’s ongoing commitment to honoring its original goals, to innovating with real-world solutions, and to empowering decentralized commerce and community for every person on the planet.Sun said TRON’s new mission is to build a Metaverse free port, coupled with TRON’s vision to enable global economic inclusion for all 8 billion people on Earth. TRON will focus on earning trust from users while growing in trustworthiness with regulators in every context where services are offered. Now with the second most total value locked (TVL) among all blockchains, the network has the most daily active users and the most daily active transactions, with more than 166.58 million total accounts and more than 5.85 billion transactions since inception. TRON aims to build a comprehensive ecosystem that caters to the needs of its users and contributes to the growth of the industry. With a focus on creating a metaverse free port and ensuring the inclusion of the eight billion people worldwide into the digital age, TRON is determined to make a significant impact on the global digital economy.
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🖼 FEWOCiOUS and Adidas Team Up on Digital and Physical NFT Sneakers
Non-fungible token (NFT) artist FEWOCiOUS has teamed up with Adidas Originals on a new digital NFT release linked to real-life sneakers. According to the drop's website, the Adidas Originals x FEWOCiOUS collection is a "harmonious collision of perspectives" that includes an NFT and an artist-designed physical Adidas Originals Campus 00’s sneaker. Beginning on June 22, a supply of 4,500 Trefoil Flower Mint Passes will become available for mint on OpenSea. The presale release will be segmented into allowlist tiers. Tier One will give early access and a discounted price to holders of at least one ALTS by Adidas NFT with DECOS ALT[er] Ego, ALTS by Adidas NFT with SOLES ALT[er] Ego or FEWOCiOUS x FewoWorld: Paint Drops NFT. Tier Two will give presale access at regular price to holders of at least one ALTS by Adidas NFT ALT[er] Egos and all FEWOCiOUS NFT Holders. Tier Three is for any holder of at least one NFT from Gmoney's Admit One, Bored Ape Yacht Club, Doodles, Inhabants: Generative Identities or Farokh's Rug Radio collections. The public sale of the mint passes will begin at 2 p.m. ET and will be priced at 0.25 ETH.
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⚡️ Alpha Metaverse Announces Planned Name Change To AlphaGen Intelligence Corp.
Alpha Metaverse Technologies Inc. (CSE: ALPA) (OTC: APETF) (FRA: 9HN0), (“Alpha” or the “Company”), is pleased to announce that it plans to change its name from “Alpha Metaverse Technologies Inc.” to “AlphaGen Intelligence Corp.”, and its ticker symbol from “ALPA” to “AIC”, subject to the approval of the Canadian Securities Exchange (the “CSE”). The Company expects the name and ticker changes to take effect on June 14, 2023. Alpha Metaverse Technologies Inc. (CSE: ALPA) (OTC: APETF) (FRA: 9HN0) is a publicly traded company, holding a portfolio of assets in metaverse, gaming and generative AI. Operational units include: Shape Immersive, a full service metaverse studio building the future of web3 gaming and virtual retail experiences for Fortune 500 companies and beyond through 3D, NFT, XR and game production; MANA, a custom-built SaaS solution and innovation lab that empowers partner companies to level up their community engagement by launching their own gaming platforms; GamerzArena, a gaming platform that provides an esports ecosystem for all gamers. The platform provides video game contests for top titles where gamers can compete for cash and prizes.
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📣 Global Metaverse in Education Market Size worth $19.3 billion by 2028, growing at a CAGR of 37.7%
The global Metaverse in Education Market size is expected to grow from USD 3.9 billion in 2023 to USD 19.3 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 37.7% during the forecast period, according to a new report by MarketsandMarkets™. In the metaverse, teachers can design interactive simulations and games that let students experiment and explore in safe environments. As students can interact with virtual content at their own pace and dig deeper into subjects that interest them, the metaverse offers a more individualized learning experience. Such factors are boosting the adoption of the metaverse in the education market. Moreover, the metaverse can be used for professional development and training purposes is also driving its adoption across corporate users. Metaverse helps elevate online learning by allowing students to study whenever and wherever they want. Therefore, they are free from compromising their mental health to upgrade their skills while managing a busy schedule and financial concerns.
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📣 Enjin Launches NFT-Focused Blockchain, Migrates Native Token and Merges Efinity Token
Singapore-based Enjin, a pioneer in the blockchain ecosystem for Non-Fungible Tokens (NFTs) and digital assets, has launched the Enjin Blockchain. The innovative new blockchain, dedicated to NFTs, is built on the open-source Substrate framework, distinguishing it from others by integrating NFT-related transactions directly into its foundational code, rather than relying on smart contracts. Incorporating NFT transactions at the protocol level enhances scalability and prepares projects for future-proofed digital assets. Notably, Enjin Blockchain features like Fuel Tanks and Discrete Accounts simplify end-user interaction by subsidizing transaction fees and eliminating the need for specific wallet software. In the proposed restructuring, Enjin Coin (ENJ) will transition from the Ethereum network to become the native token of the Enjin Blockchain's Mainnet on a 1:1 basis. Furthermore, Efinity Token (EFI) is suggested to merge with ENJ, further promoting decentralized governance and participation. Polkadot parachain, has successfully forked to the Enjin Blockchain, now known as the Efinity Matrixchain.
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❕ Clay Nation: The First Cardano-Based Project To Join The Sandbox Metaverse
Clay Nation partners with The Sandbox as the first Cardano-based project, welcoming web3 participants to the metaverse. Cross-chain PFP-avatar collection interoperability allows Clay Nation Cardano NFT holders to integrate their avatars into The Sandbox, offering unique in-game experiences. The collaboration brings Sonic Sands, an immersive world of music, collectibles, and creativity, with mini-games and vibrant social spaces for players to explore. The partnership between The Sandbox and Clay Nation introduces a pioneering concept – cross-chain PFP-avatar collection interoperability. Holders of original Clay Nation Cardano NFTs have the remarkable ability to seamlessly integrate their avatars into The Sandbox. This means merging two captivating worlds. Imagine crafting unique wearables and sought-after items using in-game resources or browsing the vibrant in-game merch store for exciting additions. The collaboration between Clay Nation and the imaginative minds at Smobler brings forth the enchanting Sonic Sands experience. Spanning a vast 2×2 LAND within The Sandbox, Sonic Sands offers players an immersive journey into a world.
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📣 Apple’s new Vision Pro mixed-reality headset could bring the metaverse back to life
The metaverse — a shared online space incorporating 3D graphics where users can interact virtually — has been the subject of increased interest and the ambitious goal of big tech companies for the past few years. Facebook’s rebranding to Meta is the clearest example of this interest. However, despite the billions of dollars that have been invested in the industry, the metaverse has yet to go mainstream. After the struggles Meta has faced in driving user engagement, many have written off the metaverse as a viable technology for the near future. But the technological landscape is a rapidly evolving one and new advancements can change perceptions and realities quickly. The Vision Pro headset is spatial computing device that allows users to interact with apps and other digital content using their hands, eyes and voice, all while maintaining a sense of physical presence. It supports 3D object viewing and spatial video recording and photography. The Vision Pro is a mixed-reality headset, meaning it combines elements of augmented reality (AR) and virtual reality (VR).
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📣 AliExpress’ 5,555 NFT Launch Could Shake Up the NFT Market
Chinese e-commerce giant AliExpress has announced plans to launch its own line of non-fungible tokens. The company has partnered with The Moment3, a leading NFT platform, to create a marketplace for users to buy, sell, and trade NFTs. The AliExpress NFTs will be based on a variety of popular Chinese IPs, including anime, games, and movies. The company has also said that it will be working with artists and creators to develop new and original NFTs. The launch of the AliExpress NFT marketplace is a significant development for the NFT space. The company has a massive user base of over 1 billion people, and its entry into the market is sure to bring a lot of new attention to NFTs. It is still too early to say how successful the AliExpress NFT marketplace will be. However, the company’s size and reach give it a good chance of success. The launch of the marketplace is also a sign that NFTs are becoming more mainstream, and that businesses are starting to see the potential of this new technology. NFTs are becoming more mainstream, and businesses are starting to see the potential of this new technology.
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💰 Shiba Inu Teases New Metaverse Adventure with Rocket Pond
A trailer accompanying the announcement illustrates a scene of transformation, shifting from a desolate, post-apocalyptic landscape to a vibrant green space bustling with activity. This cinematic transformation subtly encapsulates the ambition behind the Shiba Inu Metaverse project – from a barren, underutilized space to a thriving, vibrant community.The concept holds promise, but it remains to be seen how well it will be embraced by the existing Shiba Inu community and Metaverse enthusiasts in general. The venture signifies a new direction for the popular meme coin, promising an immersive Metaverse environment where users can explore, play and potentially even monetize their activities. The concept holds promise, but it remains to be seen how well it will be embraced by the existing Shiba Inu community and Metaverse enthusiasts in general.To augment the Rocket Pond experience, Shiba Inu has also launched a development tool, dubbed the Game Builder.
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🖼 NFT Inspect Introduces New PFP Discovery Tool for Twitter
NFT Inspect, a popular NFT analysis and community tool recently brought back to life, has launched a new Chrome browser extension that provides real-time data on popular NFT collections commonly used as Twitter profile pictures (PFPs). The Twitter NFT Search tool, which is also available in beta as a web version, allows users to search for different ways an NFT is used on Twitter, either as a profile picture or shared as a tweet. The tool can also analyze individual wallet addresses. Twitter has emerged as the central communication platform for all things crypto and NFTs, where industry news, project updates and community discussions take place in real-time," president of NFT Inspect Oliver Cohen told CoinDesk. "However, we noticed a lack of comprehensive tools that could harness the power of Twitter and provide users with a complete solution for tracking, analyzing and engaging with the crypto and NFT ecosystem. Cohen explained that the tool utilizes "AI algorithms" to power its Chrome extension and detect NFT-related content on Twitter. He added that the tool can be used to track the popularity of different NFT collections and the growth of particular communities around an NFT project.
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🖼 GameStop Fires CEO Who Oversaw Retailer's NFT Push
After two years with the company, GameStop CEO Matt Furlong has been terminated, according to a statement released by the company today. Furlong oversaw the long-running retailer’s expansion into NFT collectibles via a marketplace for digital assets. No replacement has been named yet, but the company has named billionaire investor and board chairman Ryan Cohen as its executive chairman. Cohen is the founder and former CEO of pet supplies online shop Chewy. GameStop’s share price has fallen about 19% in after-hours trading, per Google Finance, to a current price just above $21 per share. The share price had hit a new 2023 peak above $26 per share today ahead of the announcement. Furlong joined GameStop from Amazon in June 2021, shortly after the meme stock frenzy that rocketed the struggling retailer’s share price. The retailer had already teased plans to do something on Ethereum just before his hiring, but ultimately revealed its NFT marketplace and launched the platform during his tenure. GameStop opened the NFT marketplace in June 2022 just as the broader NFT market was losing momentum. Initially focused on digital collectibles like artwork and profile pictures (PFPs).
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🖼 Salesforce Ventures Lead $6M Seed Extension Investment in NFT Intelligence Firm Mnemonic
Mnemonic offers NFT data, analytics and insights to help developers and enterprises create Web3 products via its APIs. NFT data firm Mnemonic has secured a $6 million seed extension round led by Salesforce Ventures. Other participants of the fundraiser include Polygon Ventures, Orange DAO, FIN Capital, and FJ Labs. The latest capital infusion will be deployed to accelerate the product roadmap of Mnemonic amid rising demand for deeper on-chain insights by expanding the suite of APIs. Mnemonic’s CEO and Co-founder, Andrii Yasinetsky, revealed that the capital funds the company’s “ambitious vision to unlock Web3’s full potential” to drive “exceptional experiences, personalized rewards, and sticky communities for enterprises of all sizes.”. As part of the deal, Salesforce plans to tap Mnemonic’s technology to power its Web3-related CRM products in a bid to assist customers in making better data-driven decisions on critical aspects such as partner selection, Web3 product pricing, and audience targeting for airdrop. The funding follows Mnemonic’s announcement of Polygon and Optimism support. The NFT intelligence provider also added support for Coinbase’s Base testnet.
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🖼 The $11M NFT Auction and Snoop Dogg’s Evolving Collection
Sotheby’s held a live auction of NFTs from its “Grails” collection, made up of high-value NFTs seized from bankrupt crypto hedge fund Three Arrows Capital. The sale featured hotly-anticipated works like Dmitri Cherniak’s “The Goose” and brought in almost $11 million. Snoop Dogg released a dynamic NFT collection tied to his upcoming music tour while the ApeCoin community debated whether it made sense to pay each of its Special Council members $20,833 a month. Auction house Sotheby's concluded a spirited live auction of NFT artwork seized from bankrupt crypto hedge fund Three Arrows Capital (3AC), this time bringing in over $10.9 million in sales. Dozens attended the live auction that took place in New York and included pieces from the "Grails" collection. In total, there were 37 works from generative artists like Dmitri Cherniak, Tyler Hobbs, Snowfro and more. The auction comes at a time of slower movement in the NFT market and smaller-figured sales of blue-chip NFTs compared to the height of the NFT boom. The impressive sales figures suggest that collectors still have an appetite for high-end digital collectibles.
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📣 Puma expands metaverse offer with Black Station 2 launch
Puma is growing its Black Station metaverse destination with an “immersive digital retail experience” that sees it reimagining omnichannel shopping through the metaverse platform and pushing it to become more mainstream. It’s now launched Black Station 2, a new metaverse platform that “bridges the digital and physical worlds, allowing users to purchase phygital footwear”. The original Black Station only debuted last September during New York Fashion Week. The first ‘world’, dubbed Unkai, is inspired by Japan’s Shibuya, “whose bright colours and energetic elements translate directly onto the footwear”. Unter, the second world, is inspired by Berlin’s club culture with design elements that reflect the underground club scene. The first footwear release will be the Fast-RB that features four “optimally placed Nitro pods and three PWRPlates, delivering a unique bouncy running sensation unlike anything else on the market”. Throughout Black Station 2, Puma Pass NFT holders will be able to buy collectibles linked to its “to-be-produced”.
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📣 Fashion Brands Still ‘Nervous’ to Set IP Loose in Metaverse: BNV CEO
Fashion houses may be clamoring to launch metaverse and Web3 projects, but not all of them are enthusiastic about the collaboration that comes with the space. Brands are concerned about protecting their intellectual property (IP) in the digital world, BNV founder and CEO Richard Hobbs told Decrypt in an interview at this year's NFC Lisbon, but they need to embrace co-creation with users. Allowing the same thing to happen in the metaverse could be an opportunity for both the original brand and the creator alike, he argued, giving designers free rein to play with existing styles while brands earn royalties from the altered items. The concept is also scalable online in a way it would not be in the real world, he said. “I don’t need to sell one, I can sell 50 or 100 or 1,000.” “Most people have invested a lot of their own personal time and ideation into what [their brand] is,” he said. “When you’re used to designing a collection [...] it becomes very personal.”. But he was confident that by seeing how co-creation could work.
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📣 Rocky Horror Show NFT collection to drop in June, metaverse in the works
The Rocky Horror Show has been performed in over 70 productions worldwide. It got even more acclaim when in 1975 it was adapted into a film called “The Rocky Horror Picture Show,” which has since achieved cult status. The film starred Tim Curry as the cross-dressing mad scientist Dr. Frank-N-Furter, with Susan Sarandon and Barry Bostwick playing a young couple in love, Janet Weiss and Brad Majors, respectively. Peter Hinwood played the titular Rocky. The first collectible, dubbed the TimeWarp NFT, will drop next Monday at 8 am ET and feature the classic bloody font logo of the show’s title sequence, according to a press release. It will be priced at 0.1 ETH (about $175 at the time of publication). “Holders will each receive a total of 10 single edition NFTs: Frank-N-Furter, Magenta, Riff Raff, Columbia, Janet, Brad, Rocky, Dr. Everett Scott, Eddie and The Narrator. These will be launched on the Polygon network and airdropped to TimeWarp owners,” the release said. The release also told customers that anyone who buys one of the 50 NFTs in the collection will be entitled to a free character pack.
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📣 Celio India enters Metaverse To launch their exclusive collection With Emiway Bantai
Celio has announced its grand entry into the Metaverse with the iconic Mumbai-based rapper Emiway Bantai, launching an exclusive collection. This partnership combines Celio's expertise in fashion and Emiway Bantai's musical prowess to create an exclusive collection inspired by Emiway's latest album, ‘King Of The Streets’. In this Metaverse by Celio X Emiway Bantai, consumers can experience a dynamic digital universe where one can view the exciting new collection launched. The unique digital experience allows users to become familiar with the Metaverse firsthand, and shop an exclusive collection, all while bringing music and fashion together under one (online) roof.The Celio X Emiway Bantai exclusive collection is a fusion of streetwear and urban fashion, showcasing trendy designs and unique graphics inspired by the brand’s style and Emiway's artistic vision. From stylish tees to shirts and bottomwear that reflect the urban aesthetic, this collaboration presents an opportunity for fans to connect with Emiway's music in a tangible and fashionable way. In anticipation of the launch of his album and the new collection, Emiway Bantai said, “King Of The Streets released recently.
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🖼 Illuminate.Art To Sell NFT Celebrity Portraits by David Christopher Lee.
June 1st, Los Angeles - Renowned photographer David Christopher Lee announced the sale of celebrity portraits of Lady Gaga and Snoop Dogg as digital collectibles on the newly launched Illuminate.art. Collectors will be able to purchase these NFTs on June 1st through Illuminate.art's user-friendly platform, which accepts credit card or cryptocurrency. Throughout the month of June, David Christopher Lee will be partnering with Illuminate. The NFT collection will be connected to unique opportunities for the collector. Digital collectors can purchase a self portrait of David Christopher Lee that is tied to a photoshoot with the master photographer. Throughout the month of June, four digital collectibles of celebrities will be tied to access to four different portraiture classes taught by David Christopher Lee. Collectors of four David Christopher Lee celebrity portraits will also receive an invite to an exclusive Hollywood red carpet celebrity event through a collaboration with Hollywood Film and Television Producer and Actress Darcy Donavan.
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🖼 Art NFT Marketplace and Community HeartX Announced its Open Beta Launch
HeartX, a Web3 art NFT marketplace and community, is excited to announce the Open Beta launch of its app product. This marks a significant milestone in the development of the platform, bringing the power of blockchain technology and a vibrant art community together. HeartX has been deployed on zkSync Era, an Ethereum Layer-2 network, and kicked off its Closed Beta Test in April. Its Vote-to-Earn system commits to redefining the value of art. Decent Arts focuses on the physical and digital art market and have created an online art community for trading and communication. It has launched digital art collections and incubates a richer metaverse and Web3 products to allow more people to connect, understand, and finally fall in love with art. The team currently has 30 members who are responsible for product planning, artist cooperation, technology development, platform operations, etc. Most of the members come from successful Internet companies in diverse fields including gaming, live broadcast, social networking, e-commerce, art, blockchain, digital collections, and more.
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🖼 Minecraft still yet to implement planned ban on NFTs
In July 2022, the announcement that Minecraft intended to ban the use of NFTs (non-fungible tokens) on player-run servers caused a significant stir in the Web3 community. However, nearly a year later, the anticipated action is yet to be enforced, though it remains on the horizon. Mojang, the game developer owned by Microsoft, revealed in a news post last summer its intention to update the game’s usage guidelines to outline specific restrictions regarding the incorporation of NFTs. The platform’s initial plans to ban NFT usage were prompted by the emergence of unofficial and community-driven Web3 projects centered around the popular game. As of 2021, Minecraft boasted 141 million monthly active players across all devices, according to Microsoft. Mojang specifically highlighted its intention to prohibit the use of NFT assets that “gate” or restrict access to certain content or features on fan-operated game servers. While players are permitted to charge for server access, these features must be available to everyone. NFTs, on the other hand, introduce the possibility of exclusive features limited to a select group of asset owners.
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📣 Metaverse Beauty Week is around the corner
Online virtual worlds such as Decentraland, Spatial and Roblox are coming together to host Metaverse Beauty Week next week. Taking place from June 12 to June 17, this inaugural event promises to be a celebration of beauty and creativity in the metaverse. The team at creative agency CULT will be working in partnership with global beauty brands and connecting them with digital designers to shake up the virtual beauty industry. Some of beauty week’s largest sponsors include international brands such as LUSH and Neutrogena. Attendees will have the opportunity to participate in different games, collect wearables for their avatars and virtually interact with their favorite beauty products. Although this will be the first ever beauty week held in the metaverse, it will not be the first time the team has worked together to hold a large-scale virtual event. Metaverse Fashion Week saw brands such as Adidas, Tommy Hilfiger and Coach in attendance. Smaller community designers also participated, and avatars were able to collect free wearables, watch a fashion show and interact with other community members.
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📣 Mayo Clinic Doctors Using Metaverse Technology For Surgeries
Mayo Clinic, a leading not-for-profit healthcare organization in the United States, is leveraging the technology in collaboration with an extended reality (XR) service provider in healthcare, Surgical Theater. Patient 3-D scans enable a surgeon to look through bones and tissue without slit opening a person. Moreover, it works in real-time, a doctor said. The 160 years old healthcare institution has used augmented reality for brain surgery before. Dr. Maziyar Kalani, a Mayo Clinic neurosurgeon. Metaverse technologies are coming handy in different sectors. Last month, The Lantern, an Ohio-based news provider, reported the State will use virtual reality (VR) to train first responders. The Ohio State team is preparing for extreme scenarios which the Ohio Task Force 1 medical manager, Nicholas Kman, explains are ‘high in stakes and low in frequency.’. Greenpeace, an environment-focused campaign, revealed realistic experiences of rich environments using virtual reality domes to raise climate awareness during Brighton Fringe, England’s biggest art festival. The initiative emphasized on bringing regions including Amazon and Antarctic in front of people using the technology to draw their attention to what global warming is taking away from them.
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⚡️ Metaverse Beauty Week is a Beauty-focused Shindig in Cyberspace
Beauty, more beauty, nothing but beauty. That’s what’s in store from this inaugural Metaverse Beauty Week, developed by the creative agency CULT. The event is billed as “the first annual beauty festival in the metaverse," with a slogan that says it all: “Reality Gets a Makeover." Like Metaverse Fashion Week, the second edition of which took place in March, the event will offer a host of immersive experiences, aimed at brand customers and video game aficionados alike, all themed on cosmetics and, more broadly, well-being. Unusually, this first event of its kind will be held in several large-scale virtual universes, including Roblox, Decentraland and Spatial. Not content with taking part in entertaining experiences — according to the program unveiled by The Industry.Beauty, Lush will present a giant bath bomb — users will be able to try out beauty-themed games, attend hairstyling masterclasses, benefit from tips and tricks, and discover numerous cosmetics in NFT form. All will be presented by a host of brands that should appeal to beauty fans. To take part, simply register with an email address to unlock your personal access to the festival, then click on the red ‘Jump In’ icon once the event has started.
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🟣 US-Based Crypto Exchange Kraken Officially Rolls Out New NFT Marketplace
Crypto exchange Kraken is announcing that its new non-fungible token (NFT) marketplace is now available for the general public following months of testing the platform with a select group of users. “Since first opening Kraken NFT to beta testers, we’ve been building new features, adding more collections, and simplifying the NFT trading experience for all… We are no longer in Beta. Presenting Kraken NFT — your gateway to buying, selling, and learning about NFTs!”. Kraken is rolling out the marketplace with over 250 NFT collections from Ethereum (ETH), Solana (SOL) and Polygon (MATIC). The platform offers digital goods from CryptoPunks, Bored Ape Yacht Club, DigiDaigaku, Nakamigos, Solana Monkey Business and Reddit Collectible Avatars. The exchange says the marketplace will not collect gas fees from users who buy and sell NFTs but will charge for transferring NFTs and other crypto assets on and off the Kraken platform. “We’ve expanded the number of NFT collections available on Kraken NFT from 70 to over 250 (with no plans to slow down), we’ve also integrated one of the fastest growing blockchains for NFTs in the space.”
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🖼 Foundation Announces Dynamic NFT Pricing Feature
The NFT marketplace Foundation has launched Dynamic Pricing, a new, automated feature on the platform meant to simplify pricing for creators, according to information shared exclusively with nft now. Dynamic Pricing leverages a Rebate Dutch Auction mechanism, a pricing model designed by Foundation to help creators navigate the complex and often intimidating process of pricing their creations. Appropriately estimating the price of an NFT can be tricky as a creator in Web3; if the price is too high, it could result in sluggish or (in some cases) no sales at all. Conversely, setting the price too low could lead to a rapid sell-out, leaving creators feeling they could have earned more for their work. The uncertainty surrounding this facet of the industry adds an unhappy element of unpredictability to a market already known for its volatility and ambiguity. By permitting the market to influence the pricing, Dynamic Pricing takes into account variables that creators can struggle with balancing, including personal profit, collector accessibility, and experience, as well as the likelihood of a sell-out.
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🖼 NFT platform Enjin forks Polkadot parachain Efinity to new mainnet
Nonfungible token (NFT) platform Enjin has announced its transition to a new mainnet called Enjin Blockchain, aiming to further Web3 adoption. Following the transition, its Polkadot parachain called Efinity has been forked to the new blockchain. Enjin team highlighted that Enjin Blockchain would differ from other blockchain solutions that rely on smart contracts. According to Enjin, functions like creating and transferring NFTs. Apart from this, the blockchain also presents new features. These include “Fuel Tanks,” which lets developers subsidize user transaction fees, and “Discrete Accounts,” which allows users to interact with projects using its blockchain without downloading specific wallet software. The team also informed its community that Efinity, its Polkadot parachain, has also been forked to the new mainnet. It will be called the Efinity Matrixchain and support a transition for its existing users. Enjin co-founder and chief technology officer Witek Radomski said that the launch of the Enjin Blockchain aims to support creativity by making it easier.
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