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NFT & Crypto Updates

🖼 Author Tim Ferriss Tops NFT Sales Charts With 'Cockpunch'

"The Legend of Cockpunch,"—an Ethereum project co-created by popular author and podcast host Tim Ferriss—is today’s big NFT market winner, parlaying a sold-out mint into secondary market demand that has pushed the collection to the top of the sales charts. "Cockpunch" is billed as an “emergent long fiction” project from Ferriss, the author of “The 4-Hour Workweek” and other bestsellers, and it spans 5,555 images depicting anthropomorphized rooster characters, each with various traits and weapons. Each NFT was priced at 0.3 ETH (about $370) at the time of mint earlier today. since topping $3.3 million worth of ETH.

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🔫 More than 90% of consumers are curious about the Metaverse: Capgemini

The
volatility of the crypto market hasn’t stopped the metaverse from gaining potential as a utility for businesses and consumers alike. Despite turbulent market conditions over the last year, the metaverse and its potential utility remain steady in the minds of consumers. According to data from a new survey by Capgemini, a business and technology strategy advisor, over three-quarters of consumers expect their interactions with brands and individuals to be impacted by the metaverse. This also goes for organizations, as 7 out of 10 believe that the metaverse and immersive experiences will be a market differentiator in terms of customer experience.

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💰 O.G. Audio App Winamp Adds Ethereum and Polygon Music NFT Support

NFTs
prove digital ownership and provide a tamperproof record of transactions involving a digital asset. In recent years, NFT enthusiasts have also begun exploring applications linking NFTs to other digital media like movies, music, tv shows, and real-world assets. Winamp says its NFT support will be coupled with other updates to make Winamp a universal and advanced listening platform that will include a cross-platform creator service that will launch in early 2023. “This new version of Winamp allows people to listen to any file they want, using a player they already love.”.“Now we’re supporting the leading edge of the next one".

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🖼 NFT industry in Africa and Middle-East poised for rapid growth

According
to the report, the NFT industry is expected to grow steadily over the forecast period, with a Compound Annual Growth Rate (CAGR) of 34.3% during 2022-2028. Furthermore, the report said that the NFT spend value in the region will increase from $3.42 billion in 2022 to $18.22 billion by 2028. The United Arab Emirates (UAE) has seen an increase in NFT-related activities, with the Art Dubai contemporary art fair showcasing NFTs. Alongside the rise of blockchain-based gaming, the UAE NFT market is expected to continue growing rapidly, according to the report, as evidenced over the last 12 months when numerous innovative NFT marketplaces have emerged in the country.

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📣 Sony unlocks the metaverse with the launch of Mocopi sensors for avatar creation

Sony
has announced that it will be releasing a motion tracking product called Mocopi in January that looks set to accelerate the services fitness and wellness and also entertainment and attractions companies can provide in the metaverse. The product suite comprises six lightweight motion-tracking wearables – designed for the head, wrists, hips and ankles – that are programmable via a smartphone. The tech makes it possible to create avatar videos – as well as operate avatars in real-time with compatible services such as VRChat – and motion data that includes whole-body movements, both indoors and out.

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📣 UnionBank Partners With Hex Trust to Tap Metaverse

UnionBank
will expand its digital asset exposure by tapping into the metaverse through a partnership with Hex Trust, according to a statement. As part of its broader its «Tech-up Pilipinas» advocacy efforts, UnionBank will leverage Hex Trust’s digital asset custody capabilities. The metaverse can create many opportunities for Filipinos to connect with the global community. However, these are also very valuable assets that need institutional-grade security and custody,» said Henry Aguda, UnionBank's chief technology and operations officer. «Aside from giving our customers new and engaging experiences,.

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🪙 Axie Infinity Leads Metaverse, NFT Token Rally as Trade Volumes Surge

Metaverse
and NFT-focused cryptocurrencies, including Axie Infinity (AXS),Flow (FLOW), Apecoin (APE), and Sandbox (SAND), have posted significant gains over the past 24 hours. Play-to-earn (P2E) gaming platform Axie Infinity’s AXS governance token soared 25.6%. According to NFT data platform CryptoSlam, trading volume for Axie Infinity has fluctuated between roughly $18,000 and as high as $48,000 over the past few weeks. Despite today’s heroics, AXS has had a rocky 2022. AXS lost nearly 94.8% of its value from its recorded all-time high of $164.90 in November 2021. market capitalization just north of $970 million.

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🖼 Coca-Cola releases FIFA World Cup NFTs based on heatmaps from matches

Coca
-Cola is releasing a set of FIFA World Cup NFTs based on heatmaps of the games played. The NFTs will be developed and hosted on Crypto.com's NFT platform by GMUNK, a digital artist who previously worked with Nike, DoorDash and musician Grimes. The 10,000 NFTs were generated by tracking the in-game movements of players in FIFA World Cup matches. These items will be available to fans who sign up for a Crypto.com NFT platform account. This is the latest big corporate move to capitalize on World Cup fever via web3. BetDEX, a sports betting exchange built on the blockchain, opened on the Solana mainnet on Nov. 17.

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🖼 NFT Steez and Victor Solomon chat about building in Web3 and the metaverse

On
Dec. 2, NFT Steez hosts Alyssa Expósito and Ray Salmond chatted with Victor Solomon to discuss his journey into bridging his in-real-life artwork into NFTs and how he cultivates the community and culture that surrounds it. Solomon’s work centers around basketball, not just the object, but the sport itself. For Solomon, the inspiration for his work comes from his early childhood of wanting to play hockey, a sport that was not accessible for him, and his eventual discovery of basketball, which he discovered to be more accommodating.

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📣 Mariah Carey’s ‘Winter Wonderland’ promises a ‘festive metaverse experience’

The
“Fantasy” diva is bringing the festive joy to Roblox through Livetopia with Mariah Carey’s Winter Wonderland. “I love Christmas. This year, I decided to celebrate the holidays differently “Carey, 52, told reporters. My kids and I love Roblox. The Christmas icon presented Roblox, a 3D experience aimed to connect millions of people. Throughout December, a holiday-themed treasure hunt, unique virtual item drops, and Livetopia homes with virtual performances will be accessible. Carey announced her virtual performance after making Christmas more wonderful this year.

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🖼 Top NFT Volumes Spiked in November, Despite the Negative Market Sentiment

The
top NFTs had a spike in trading volume and sales despite the turmoil in the crypto industry due to the FTX collapse. The Total Crypto Market Cap, as per TradingView, is down by more than 16% from the October closing. The price of the leading crypto – Bitcoin, is also down by around 18%. According to data from DappRadar, the volume and sales of four out of the top five NFT collections had significant gains in November. Most notably, the NFT collection from Yuga Labs, namely, Bored Ape Yacht Club (BAYC), Crypto Punks, and Mutant Ape Yacht Club (MAYC), are going bonkers. On Nov. 26, BAYC recorded the highest sales in the last six months. The community speculates if this is the beginning of the NFT bull run.The Developments in the Ape Ecosystem.

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⛵️ OpenSea’s Ethereum gas usage has declined to almost zero

Ethereum (ETH) network based on transactions interacting with non-fungible tokens contracts showed that OpenSea’s gas usage has declined to almost zero.The analysis included token contract standards (ERC721 and ERC1155) and other NFT marketplaces. According to the above chart, overall gas fees in transactions related to NFTs peaked between October 2021 and January 2022. During this period, OpenSea accounted for roughly 20% of NFT gas consumption on Ethereum. The largest NFT marketplace was still able to maintain its dominance in gas consumption until July, when it began to decline rapidly –this coincided with when the bear market.

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🍎 Apple disables version of Coinbase Wallet over NFT gas fees

Apple blocked the latest version of Coinbase Wallet until a feature that allows users to send NFTs over iOS is disabled, according to the exchange. Apple’s claim is that the gas fees required to send NFTs need to be paid through their In-App Purchase system. MetaMask developer and former Apple software engineer Dan Finlay publicly condemned Apple’s decision, likening it to an Orwelian foil. “Oh I'll absolutely stand in solidarity here, I assume MM and every other wallet is next. I'm ready to dump the Apple ecosystem. The 30% tax is an abuse of monopoly. tim_cook has donned the Big Brother screen,” he tweeted. Apple and Coinbase did not immediately respond to requests for comment from The Block.

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📣 Mozilla acquires Active Replica to build on its metaverse vision

According to Mozilla SVP Imo Udom, Active Replica will support Mozilla’s ongoing work with Hubs, the latter’s VR chatroom service and open source project. Specifically, he sees the Active Replica team working on personalized subscription tiers, improving the onboarding experience and introducing new interaction capabilities in Hubs. “Together, we see this as a key opportunity to bring even more innovation and creativity to Hubs than we could alone,” Udom said in a blog post. “We will benefit from their unique experience and ability to create amazing experiences that help organizations use virtual spaces to drive impact. They will benefit from our scale, our talent, and our ability to help bring their innovations to the market faster.”

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🖼 Blur offers some NFT traders 50% refund after ether losses from UI 'bug'

Blur
is offering some traders a 50% refund on certain purchases after a user pointed out an interface error that caused them to lose 70 ether. NFT marketplace Blur is offering some traders a 50% refund after a user lost 70 ether (about $83,300) . Blur launched mid-October to much fanfare from the NFT community — muscling in on an increasingly competitive market corner. The move to refund fat-fingered traders comes just days following the platform's second airdrop to its users. "Specifically, we will query for collection bids that were accepted over 25% of the non-flagged floor and refund them automatically," the team added. "We'll do this within the next 10 days (likely sooner)."

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🖼 Prime Numbers Announces Launch of New Multichain NFT Marketplace

Prime
Numbers is announcing the launch of their multichain NFT marketplace, Primeport.xyz. The marketplace will allow users to trade NFTs from all EVM-compatible blockchains, as well as import and export smart contracts for their collections. Prime Numbers is the first DAO, NFT project and Lending and Borrowing protocol on the XDC Network. With partners like XDCdomains and ZeroFreePunks, the Prime Numbers ecosystem allows users to manage decentralized assets in a secure and trustless environment, and plans to generate funds for the community through various mechanisms, including staking tokens, royalties from NFT collections.

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🖼 LiquidFactory.io to launch privacy network auction-style NFT marketplace

KuCoin
Labs, the investment and incubation arm of the KuCoin ecosystem, has announced its co-lead investment in LiquidFactory.io, a startup that is building a privacy network with native encrypted cross-chain communication. LiquidFactory.io’s first product, BIDSHOP.io, is an NFT auction-style marketplace that introduces game theory elements into the traditional NFT auction process. Bidders on the platform will be able to hide their bids from others in a decentralized and trustless manner using the platform’s encryption layer — allowing for additional liquidity streams for NFTs.

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📣 Atari collaborating with Pixels for print-on-demand NFT artwork

Video
game company Atari now allows holders of its NFT collection, Atari NFT, to print framed prints and posters through a new collaboration with print-on-demand company Pixels. Atari NFT holders may connect their Ethereum wallets to AtariPrints.com. The Atari NFT collection — dubbed 50 Years of Atari — was launched in September to celebrate the company's 50th anniversary and pay homage to the old-school Atari 2600 console. It consists of 2,600 items. Its floor price is currently 0.068 ETH ($83.37) on NFT marketplace OpenSea.Atari has long been a proponent of the web3 space.

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⚡️ H&M Launches Innovation Metaverse Design Story Collection At The Fashion Awards 2022

The
Fashion Awards 2022 was a feast for the eyes. Attracting a spree of A-listers from across the world, it was a chance for the who's who of screen and scene to demonstrate their sartorial prowess. There was lime green Gucci, there was burgundy backless Valentino. Using the red carpet of London's Royal Albert Hall as the runway, the Swedish design house showcased 10 looks from their new Metaverse Design Story collection. Models Irina Shayk, Alva Claire and Leomie Anderson, joined musician Joy Crookes and actor Shay Mitchell, decked out head-to-toe in key pieces from the new collection, ahead of their becoming available to buy, on December 8.

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📣 Pantone’s color of the year was made for the Metaverse

Pantone
announced its 2023 color of the year: Viva Magenta. A hue with a lust for life. Not the aggressive synthetic of Barbie, not the intense luxury of Valentino’s couture, not the tired millennial salmon, but as New York Times critic at large Jason Farago put it. The shade was selected by human trend prognosticators who survey fashion and design, then interpreted by the AI tool Midjourney to create what Pantone described as an “endless new ecosystem to be explored, called ‘the Magentaverse.’” In a news release, the company called Viva Magenta, aka Pantone 18–1750, “an unconventional shade for an unconventional time.”

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🇨🇳 Chinese Hangzhou Court calls for NFT regulation

China
’s Hangzhou Court claimed that NFTs carry characteristics of property rights like value, scarcity, disposability, and readability, and therefore should be protected by the law. The Court dealt with a case in late November in which it called for NFT regulations.SBF has maintained that he knew nothing about what caused FTX collapse, attributing it to mistakes detected late. The Hangzhou Digital Technology Company, which runs an NFT marketplace and a platform user, was on each side of the hearing. The user claimed that the company caused him financial harm by withholding from their end of the bargain and sued to ask to either deliver the NFT or compensate for his financial loss by paying 99,999 yuan ($14,368).

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⚡️ Tokyo education board to launch learning platform on metaverse for truant children

The
Tokyo Metropolitan Board of Education is set to launch a virtual learning platform for children in need of support including those who have stopped attending school, so they can learn and interact with each other via the metaverse, the board announced on Dec. 2. Specifically, the virtual learning platform will come in three forms: a floor for students who refuse to attend school or find it difficult to do so for other reasons; a floor for students who recently arrived in Japan and cannot understand the Japanese language well; and a common floor for all types of students. and helping them learn through classes using web conferencing systems.

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📣 Firefox dev Mozilla goes all-in on metaverse, acquires Active Replica

The
web developer Mozilla, mainly known for its internet browser Firefox, has joined the rush of legacy internet platforms jumping into the Web3 and metaverse development space. the company revealed its acquisition of Active Replica, an immersive experience developer. Active Replica is joining Mozilla’s Hubs creator platform to help create virtual events. Already the virtual experience developer has worked with Mozilla during its multi-day arts and tech festival Mozfest earlier this year. According to Mozilla, the acquisition will also be important to accelerate in-demand work, personalized subscription tiers, onboarding improvements and adding new features to the Hubs engines.

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📣 Blockchain, Metaverse and NFT ́s arrive in Granada in January with Block Wold Tour

the
most prestigious and pioneer world congress of Blockchain has chosen the city of the Alhambra as its next destination. The organization of BlockWorldTour has always tried to promote Granada as a technological city, hosting the first ever blockchain event in 2019. Block World Tour will be announcing their speakers in platforms such as Instagram several weeks prior the congress. During the past editions, we have seen professionals coming from all sectors, which are booming while research falls short of innovation. Used to seeing references in the media of new trending terms such as Metaverse, DEFI or NFT.

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🖼 Opera Crypto Browser to enable instant NFT minting through launchpad

In
an announcement sent to Cointelegraph, the firm stated that it has partnered with Alteon LaunchPad to let beginners in Web3 or the NFT space easily mint NFTs. With the integration, users will be able to access a feature that lets them drag and drop media files. The NFT minting tool is provided by a firm called Alteon, a project that's focused on simplifying workflows. Matt Cimaglia, the co-founder of Alteon, said that the goal of this integration is to "level the playing field" for content creators from various backgrounds. “Our partnership with Opera bridges the tech gap between traditional creatives and the Web3 creator economy, so anyone can benefit from the opportunities.

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🤟 Coinbase Pauses Plans for Bored Ape Yacht Club NFT Short Film Trilogy

Bored
Ape Yacht Club hype earlier this year, cryptocurrency exchange Coinbase announced a trilogy of short films inspired by the NFT project during the run-up to the launch of the exchange's NFT marketplace. But after releasing the first entry in July. The Degen Trilogy had the blessing of Bored Ape Yacht Club creator Yuga Labs, and it was intended to feature various Bored Ape characters submitted by their respective owners. Coinbase’s terms stipulated that it would pay $10,000 worth of Bitcoin or ApeCoin to the owner of each chosen Ape, in exchange for licensing rights for the films.

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💰 Magic Eden to debut code enforcing NFT royalties, allowing 'gamification' of collections

Solana
's biggest NFT marketplace, Magic Eden, has followed in the footsteps of OpenSea in releasing code that allows creators to enforce royalties on new NFT collections. On launch day, there will be a free mint, which will supply a couple of thousand gift boxes, some of which will contain prizes. The move appears to be a change of heart from its previously stated stance on creator fees. Earlier in October, the marketplace announced a switch to an optional royalty model — a move that meant those buying or selling NFTs on its marketplace could choose what percentage cut of the sale is returned to the original artist. The decision was controversial and sparked criticism from a plethora of collections.

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🤟 Timex to create limited edition BAYC watches for 500 holders

The
U.S.-based watchmaker claims to be going “bananas” over a partnership with community members to create NFT-themed watches exclusively available to Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) holders. Yuga Labs' brands have seen companies courting holders for collaborations and offering custom items before. Pre-sales for the Timex pieces go live at an exclusive Art Basel event on Dec. 2. Two days later, Timepiece Forger Pass NFTs will be available online for 2 ETH (currently $2,575). Holders can create their watches online from mid-December, and the items will ship in Q2 2023.

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💰 SOL NFT Transaction Volume Has Reached A New All-Time High

Solana
(SOL) has been having a rough few weeks following the FTX meltdown, and has slowly been fading from the top ten list of the biggest cryptocurrencies. However, Solana’s NFT ecosystem has been showing some promising growth. The post SOL NFT Transaction Volume Has Reached A New All-Time High appeared first on Coin Edition. Over the last week, a variety of new NFTs were listed on Solana, including Panda, Pixel Boy, ACF, Moo Doo, and Claynosaurz. In addition to this, Solana’s NFT transaction volume has also made some notable progress. Just a few hours ago, Solana announced on its Twitter page that its NFT transaction volume has reached a new all-time high. Solana’s NFT ecosystem has been showing some promising growth.

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