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🔫 OPC UA connects industry to the metaverse
The OPC Foundation reported Nov. 14 that it’s published its concept for a common metaverse solution for use cases, such as remote condition monitoring and maintenance, production process training and manufacturing logistics planning and execution. Its working group was able to publish in less than a year thanks to standardized solutions for requirements like information modeling, information exchange, cloud connectivity and asset identification. After the need for a standardized metaverse solution was identified by Dr. Holger Kenn of Microsoft in October 2022, the foundation’s board of directors decided to establish a working group, chaired by Erich Barnstedt of Microsoft, to make sure that OPC UA is well-suited for metaverse applications. With its base of standardized solutions, the working group reports it main task was assembling components for the use cases. In addition, the OPC Foundation’s YouTube channel provides an instructive recording detailing the standardized solutions for public access. It features condition monitoring overlayed over wind farm assets.
NFTs | OpenSea | News
🔫 BharatBox Brings The Mahabharata To the World Of Metaverse
BharatBox, the India destination within The Sandbox, in collaboration with Mythoverse, the vanguard of transmedia storytelling, recently unveiled a celestial partnership with their project: Mahabharata in the metaverse. This alliance marks a revolutionary stride in digital storytelling, reimagining the Mahabharata, an epic ingrained in Indian ethos, as an immersive metaverse experience, said the company in a statement. With this, the Mahabharata, a timeless saga of honor, valor, and destiny, finds new life in the BharatBox metaverse. Here, ancient lore meets modern technology, creating a multi-dimensional experience transcending time and space. Through the brilliance of Mythoverse's storytelling, the Mahabharata unfolds in a vivid, narrative-driven adventure, beckoning audiences from across the globe to witness the grandeur of Indian epics like never before. BharatBox is a joint venture company between Brinc and Sandbox set up to create a new cultural hub featuring key partners from India's entertainment, art, and sports sectors, including Bollywood.
NFTs | OpenSea | News
📣 Sony BBC Earth makes people ‘Feel Alive’ with Metaverse experience
The brand has developed two virtual worlds offering an unparalleled journey into the metaverse. Sony BBC Earth is giving viewers an opportunity to step into the Polar region and witness the breathtaking Aurora lights, inhabited by enchanting beings like penguins, seals, and polar bears. Tropical rainforest gives a chance to take a walk through alongside the lush green canopy teeming with exotic animals such as the Toucan, Cheetah, Crocodile, and Jackal. Sony BBC Earth in collaboration with The Little Flea Market is extending the metaverse experience to people of all ages. It promises a visual extravaganza, and an immersive adventure, providing attendees with an experience like never before. Scheduled for the 8th, 9th, and 10th of December 2023, from 3:00 PM to 11:00 PM, at the MMRDA Grounds, BKC, Mumbai, the Sony BBC Earth Metaverse kiosk is all set to curate unique and eclectic experiences. By creating some of the most pristine and inaccessible terrains on Metaverse, we are glad to offer an opportunity to experience the wonders of the world like never before.
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🖼 Pudgy Penguins Reveal 'Pudgy World' NFT Game Rollout Plans
Pudgy Penguins, the Ethereum NFT profile picture (PFP) collection first launched in July 2021, has unveiled a trailer at Art Basel in Miami for its 3D browser game experience, dubbed Pudgy World, which is slated to launch in alpha sometime in 2024. After controversy surrounding its original owner led to a buyout and change in leadership last year, Pudgy Penguins appointed an executive advisory board, raised $9 million in funding, stocked plush penguin toys in over 2,000 U.S. Walmart stores and Hot Topic locations. Now, Pudgy Penguin fans can take their first steps onto the ice in Pudgy World’s lobby. When it fully releases, Pudgy Penguin NFT holders as well as plush toy owners will be able to adopt a virtual likeness of their collectibles as a 3D character in the world. Pudgy World will also be free-to-play, however, so gamers can hop into Pudgy World, choose whether to buy traits to customize their own characters, and “embark on a story-driven journey,” according to a statement. The story of Pudgy World will follow two penguins, Pudgy and Peaches, as they embark on as-yet-unrevealed adventures. Under the hood, Pudgy World will use Matter Labs’ Ethereum layer-2 scaling protocol zkSync.
NFTs | OpenSea | News
🔫 Reebok Ventures into Metaverse with “Reebok Impact” Premiere
Leading sportswear brand Reebok is set to embrace the metaverse, aiming to elevate consumer interaction with its products, spanning from footwear to apparel. The ambitious venture, named “Reebok Impact,” is scheduled for a 2024 debut, promising a cutting-edge digital shoe experience that integrates elements of AI, web3, gaming, and metaverse technologies. metaverse is a strategic move to expand its digital presence and engage consumers in innovative ways. The collaboration with Futureverse marks the initial step in what both parties envision as a long-term partnership. Futureverse, a dynamic company encompassing 11 metaverse infrastructure and creative content firms, has already gained significant momentum in the market since its launch last year. Todd Krinsky, CEO of Reebok, expressed enthusiasm about the collaboration, emphasizing the goal to transcend traditional innovation boundaries. The partnership with Futureverse, coupled with the upcoming launch of Reebok Impact, aims to redefine the realm of possibility in the digital evolution of products, providing consumers with a unique and immersive experience.
NFTs | OpenSea | News
📊 NFT trading volume nears $1B as markets turn bullish: Report
As crypto markets turn bullish, nonfungible token (NFT) trading has started to join the wave, with volume nearing $1 billion in November, according to data published by the decentralized app tracking platform DappRadar. The report highlighted that the NFT industry maintained upward momentum for the second month in a row. Trading volume surged by 125% in November, suggesting a shift in user behavior compared to earlier downturns in NFT trading. On Nov. 6, analytics firm Nansen reported that NFT sales volumes showed continued weekly increases in October. NFT sales consistently went up, from $56 million in the week ending on Oct. 9 to $129 million in the week ending on Nov. 5. Executives working in Web3 believe that this trend may continue further in the coming months. On Nov. 14, SuperRare co-founder Jonathan Perkins told Cointelegraph that the worst of the bear market is “behind us” and things are starting to turn around. Despite a seemingly bearish mood all year, blockchain gaming projects managed to secure $2.3 billion in investments from the start of 2023 up to October. An earlier DappRadar report showed that in the third quarter of 2023 alone.
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🖼 SVARGA: Reshaping NFTs on the Bitcoin Ordinals
As market anticipation for BTC ETFs heats up, BTC has breached the $40,000 threshold, continuing its surge to new yearly highs. The rise of BTC is further buoyed by active trading in Ordinals: data from Dune Analytics shows that on December 3rd, the daily trading volume on mainstream platforms for Bitcoin Ordinals inscriptions rose to approximately $15.94 million, a more than 200% increase from the recent low of $4.94 million on November 26th. The development of Ordinals, much like the evolution of Bitcoin itself, demonstrates that what doesn’t kill you only makes you stronger. In this context, SVARGA, a new experiment on the Bitcoin network’s Ordinals, has garnered widespread attention. However, SVARGA is more than just an NFT issuance project on Ordinals; it represents a new direction in the NFT domain — transforming traditional PFP NFTs into more interactive and personalized Avatars. Differing from traditional NFT projects, SVARGA employs a unique method to create these avatars. Designers first gather Metadata from diverse sources to ensure the uniqueness of each NFT.
NFTs | OpenSea | News
🖼 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.
NFTs | OpenSea | News
🔫 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.
NFTs | OpenSea | News
🔫 The global metaverse gaming market set to surge 1085.92% by 2030
The metaverse gaming market denotes a virtual space where players engage in real-time interactions, bridging the gap between physical and digital realms. Fueled by technological advancements such as augmented reality and blockchain, the metaverse in gaming has already transformed the landscape of interactive digital experiences. According to CoinJournal.net, the global metaverse gaming market is set to experience a significant change, with projections indicating a substantial leap from $14.2 billion in 2023 to a staggering $168.4 billion by 2030. Several factors contribute to the remarkable growth anticipated in the metaverse gaming market. First and foremost is the rapid advancement of technology, including augmented reality (AR) and virtual reality (VR). These technologies are creating immersive gaming experiences that go beyond traditional boundaries, enticing players into expansive virtual worlds. The shift in consumer behavior is another significant driver of the metaverse’s expansion. Gamers are increasingly seeking more than just isolated gaming experiences; they crave interconnected universes where they can socialize, create, and explore. The metaverse offers an answer to these demands, providing a holistic environment where players can engage with a multitude of activities beyond gaming.
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📣 India’s ABP Network Election Centre Metaverse Sets New Benchmarks
ABP Network announced significant success with its recently launched Election Centre Metaverse, achieving remarkable engagement during the counting day and beyond. The platform recorded an impressive turnout, boasting over 25,000 global users distributed across more than 500 parallel rooms. The Election Centre Metaverse by ABP Network, a groundbreaking initiative as the first media house in India. The platform witnessed a surge of over one lakh interactions encompassing Live TV, Video on Demand (VoDs), and Short Videos. Users actively participated in exploring election scenes, tuning into live streams, playing interactive games, casting virtual votes, and sharing selfies, setting a new standard for scalable virtual events accessible directly from mobile phones. ABP Network’s Election Centre Metaverse seeks to revolutionize the way election coverage is perceived. The platform aims to provide users with an immersive and interactive experience, blending technology and news reporting to offer a comprehensive view of the electoral process.
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💰 Solana Surpasses Ethereum in NFT Sales
Solana has recently overtaken Ethereum in terms of sales volume. Data indicates that Solana's sales have reached nearly $16 million after a 2.78% increase.This surge comes despite a broader downturn in the market, with Ethereum seeing a significant drop of 22.70% in sales.The blockchain landscape for NFT sales is showing interesting trends. Ethereum has long been the frontrunner in the NFT market, but recent data reveals Solana's ascending trajectory. Ethereum's sales have dropped to $11.4 million, a stark contrast to Solana's nearly $16 million in sales.Bitcoin, typically not a direct player in the NFT space, has recorded sales of $13 million. This is due to the surge of Bitcoin Ordinals, which have also contributed to the flagship cryptocurrency recently overtaking its altcoin archrival in terms of total fees.Other blockchains like Polygon and ImmutableX are also making their presence felt, albeit with lower sales volumes of $1.5 million and $942,113, respectively.Solana's NFT marketplace has seen a robust increase in activity, with Tensor emerging as the leading platform. The platform has achieved a monthly trading volume of approximately $1 million while surpassing Magic Eden.
NFTs | OpenSea | News
🖼 Shiba Inu-Backed Shibacals Unveils NFT Launch In Collaboration With Busta Rhymes
Shibacals, a peculiar real-life component of the Shiba Inu ecosystem, recently announced plans to launch an NFT collection. The upcoming launch of these NFTs, also known as the ‘Celebrities NFT Collectibles,’ comes in collaboration with Busta Rhymes. Busta Rhymes, a.k.a. Trevor George Smith Jr., is a distinguished American rapper and songwriter with a substantial worldwide influence. However, a key player within the Shiba Inu ecosystem, LucieSHIB, shed light on the upcoming NFT launch. Shibacals, a platform backed by the Shibarium ecosystem, announced the launch of the aforestated NFT collection today, December 9. Furthermore, the collection ‘Chooky feat. Busta Rhymes’ is all set to drop next year. As per the statement, December 20, 2024, marks the date for the release of Chooky feat Busta Rhymes NFT collectibles. Moreover, interestingly, Busta Rhymes promoted the collaboration by taking the NFT launch news to an X post. Besides, the songwriter claimed the collection to be an authenticated limited edition, fueling inquisitiveness within the NFT realm. The aforestated launch also comes in harmony with the recent upsurge witnessed by the Shiba Inu cryptocurrency.
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🖼 Amazon Prime Is Giving Out Free Items for NFT Game ‘Champions Ascension’
Champions Ascension, a combat-oriented action role-playing affair, is the latest blockchain game to offer up free in-game items for Amazon Prime subscribers to claim. Beginning Friday, the Amazon Prime Gaming portal is offering subscribers a free claim for 100 in-game gold, as well as a monster parts loot box. The loot boxes can eventually yield enough parts for a player to craft a monster for the upcoming Maestro Towers mode. While Champions Ascension is built around NFTs—including characters that were initially minted on Ethereum but later migrated over to scaling network Polygon—the items in the Amazon Prime giveaway are not tokenized NFTs that can be traded—they are purely in-game digital items. Some other Web3 games that have done Prime Gaming giveaways, like Gods Unchained and NFL Rivals, have taken a similar approach. New Champions Ascension in-game items will be offered biweekly through Amazon Prime Gaming as part of a 12-week promotion, with plans to give out resources like essence and bone alongside additional monster part boxes.
NFTs | OpenSea | News
🖼 OpenSea on back-footing as OKX surpasses it in NFT trading volume
According to data from DappRadar, OKX NFT marketplace secured 32% dominance in the NFT sector, surpassing OpenSea in trading volume. In a blog post on Dec. 7, 202, DappRadar gathered top marketplaces for trading digital collectibles, which allocated the most liquidity in November 2023. According to the data, the Blur marketplace was ranked the top platform, controlling a 35% share of the NFT trading volume. OKX NFT, a digital marketplace powered by the OKX crypto exchange, appeared to be the second-largest NFT platform over the past month, surpassing OpenSea in trading volume. As per DappRadar, OKX NFT secured a “substantial 32% dominance in the NFT sector,” overtaking OpenSea, which is currently holding a 10% market share in terms of trading volume. Yet, DappRadar Blockchain Analyst Sara Gherghelas notes that OpenSea remains the top platform in terms of user base with over 190,000 registered accounts as of November 2023. She also suggested OKX succeeded in its efforts thanks to its bet on unique offerings of Bitcoin Ordinals art pieces.
NFTs | OpenSea | News
📊 Metaverse Market Size to Surpass USD 3409.29 Billion by 2027, exhibiting a CAGR of 69.2%
The global metaverse market size was valued at USD 234.04 billion in 2022 and is projected to reach USD 3,409.29 billion by 2027, exhibiting a CAGR of 69.2% during the forecast period. Fortune Business Insights™ displays this information in a report titled, “Metaverse Market Forecast, 2023-2027.” Metaverse is a simulated digital environment created with the help of Augmented Reality (AR), Virtual Reality (VR), mixed reality, blockchain, and other advanced technologies. Many e-commerce organizations are availing digital world services to show their offerings in the virtual world and create a real-world experience for their customers. These companies are also increasing their investment in these services, thereby fueling the metaverse market growth. For example, in November 2021, Nike, Inc., a shoe and retail apparel giant, collaborated with Roblox Corporation to create a virtual world named Nikeland. Nikeland enables dressing up with individual avatars in Nike’s branded apparel and sneakers. Roblox Corporation acquired 3D Avatar creator Loom.ai, which supported the capabilities of the metaverse. This acquisition helped Roblox develop a real-time facial simulation that is equipped with advanced computer vision, deep learning, neural networks, and visual effects.
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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.
NFTs | OpenSea | News
💰 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.
NFTs | OpenSea | News