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NFT & Crypto Updates

🖼 Donald Trump NFT collection sells out within hours

Donald
Trump’s NFT trading card collection sold out within hours of its introduction. A 45,000 item NFT trading card collection created by the former U.S. president Donald Trump sold out within hours. The public sale commenced Thursday night following a teaser of a "major announcement" and an unveiling on Trump's Truth Social account. The initial mint price was set at $99. Buying an NFT automatically entered the purchaser into a sweepstake, with prizes including a group cocktail party at Mar-A-Lago, a dinner in Miami or a golfing trip with the former president, or a group Zoom call. Trump NFT whales among holders.

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💰 Magic Eden bolsters gaming support by adding Polygon NFT minting and trading

Magic
Eden extended support for the Polygon network on Nov. 22 in an effort to add multi-chain functionality and future possibilities for blockchain gaming. Polygon is an Ethereum layer-2 protocol that undergirds many popular blockchain-based games such as The Sandbox. Magic Eden, Solana's biggest NFT platform, now supports Polygon NFT minting and trading. The new support will allow for a framework for more blockchain-based games on Magic Eden, with new gaming brands joining the platform including Shatterpoint and Infinite Drive. Taunt Battle World, Planet Mojo and Kakao Games will follow in 2023.

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💰 Cardano Metaverse Pavia Shows Impressive Result

The
Cardano-powered Pavia metaverse launched its live event, inviting members of the community to show what a virtual world of the future built on their favorite blockchain would look like. Judging from the feedback, the project was highly appreciated by participants, and the event was a success. Overall, looking at the screenshots, this does not seem surprising. The metaverse from Pavia, even in its current non-final version, seems quite elaborate, with plenty of locations and customization options. As Pavia's CEO himself said, all talk of Cardano being a ghost chain was smashed today. According to the updated project roadmap, the past live event concludes its fifth phase.

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📣 Hershey India forays into Metaverse with Hersheyverse

Hershey India has forayed into the metaverse with the launch of ‘Hersheyverse’. The brand will be offering quests, discounts, interactions, appealing landscapes and an exclusive wearable in Hersheyverse to give consumers a wholesome. Hersheyverse, there will be non-player characters (NPC) who will guide users to explore the space. The space is centered on a larger-than-life Hershey’s Kiss where all the interactions will take place. There are shopkeepers who represent different markets like India and will highlight the most popular Hershey’s products during the holidays from the country.

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📣 Apple Plans to Allow External iOS Apps in Potential Boon for Crypto, NFTs

Apple
’s “walled garden” ecosystem design has enabled it to take up to a 30% cut of iOS app and service sales, to the frustration of users and creators alike. But a new report suggests that Apple is planning to open up its ecosystem. Bloomberg reports that Apple plans to enable the installation of apps from external sources outside of its own App Store on iPhones and iPads, according to sources familiar with the plans. The changes are being made in response to the European Union’s Digital Markets Act, which requires tech companies to fully comply with restrictions by 2024.

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🇸🇬 Singapore Becomes First City in NEXUS World Metaverse

NEXUS
World, a metaverse project that includes thousands of tokenized land plots, now has its inaugural digital copy of a large city available for virtual visitors.The digital avatar of the city consists of 2,000 plots of Freehold Land NFTs. Affyn's NEXUS World integrated mobile geolocation features to assure that every land plot in metaverse-based Singapore is associated with a corresponding location in a real-world city. Each land plot is represented by a hexagonal tile of 15,047.5 square meters (or approximately 65.9 meters per side).Lucaz Lee, founder and CEO of Affyn, highlights the importance of the new release.

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📣 Virtua expands its metaverse with the launch of the Monster Zone

Games
metaverse Virtua has announced the launch of the Monster Zone. The first area to be released on Virtua Island, a key region of its home planet in the metaverse – Virtua Prime. The launch of Virtua Island follows the successful launch of Cardano Island in the Virtua metaverse. The Monster Zone draws together elements of the metaverse and gaming in ways never before possible and will be populated with amazing creatures from well-known IPs and new exciting brands. Through challenges and events, players will be able to acquire, craft, and trade various resources and creatures, to gain out-of-this-world riches and rewards. There are a fixed number of land plots to buy across Small, Medium, and Large sizes.

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💰 India Bangalore Airport Joins AWS, Polygon To Launch Metaverse

Bangalore
International Airport Ltd. (BIAL), the operator of Kempegowda International Airport, Bengaluru (BLR Airport), is making a foray into the Metaverse with the first phase launch of the ‘BLR Metaport’. In a release, BLR Airport said its T2 would be one of the first terminals in the world that can be experienced on the metaverse. It can be accessed at www.blrmetaport.com for a virtual tour of the new terminal. BLR Metaport will offer an immersive, three-dimensional virtual experience of the newly launched Terminal 2.

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📣 Affyn Introduces Limited-Edition Singapore ‘Land NFTs’ for Its NEXUS World Metaverse

Singapore
becomes the first virtual city set to join the NEXUS World, with many more virtual cities to follow. To begin, Affyn has made public the first 2,000 “Freehold Land NFTs” for Singapore, with each NFT tied to a corresponding real-world location. The Land NFTs serve a key role in the NEXUS World. Besides acting as digital representations of actual locations, Land NFTs offer several perks for their owners. Users with “Flags” from Affyn’s ongoing Flag Sale event can begin snapping up Singapore Land NFTs starting from December 17th (12:00 UTC).

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🖼 Blue-chip NFT sales surge as ether price stagnates

Trading
volumes for some top NFT projects are surging while the price of ether stagnates below $1,300. Over the past 24 hours, "web3 anime universe" Azuki has seen an increase of more than 490% in the number of transactions and a 550%. NFT analytics platform CryptoSlam. Azuki "sidekicks" BEANZ has seen a 1,000% increase in the number of transactions and a 631% in the number of sales. Despite a hot past 24 hours, broader NFT trading volumes remain significantly down from their all-time highs.a 1,210% increase in sales during the same period.

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📣 UREEQA Partners With i-Create to Validate Their New NFT Collection Joe Ravioli

The
founders of i-Create LLC are excited to announce the launch of their NFT project Joe Ravioli. This innovative and unique NFT collection tells a creative and fun story for buyers of any age. With the entire collection being validated by UREEQA. Joe Ravioli has been such an exciting project for us to develop, as 3rd generation Italian brothers with a love of mob related movies and Italian food and cooking, and having always focused on unique art, pun-filled humor and fun thrown into our character IP projects. Joe Ravioli started positioning itself with licensed IRL items.

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🪙 Lawsuit Alleges Yuga Labs Conspired With Celebs Like Justin Bieber to Push Bored Ape NFTs

A
class action lawsuit filed Thursday alleges that a slew of celebrities—including Justin Bieber, Madonna, Steph Curry, and Paris Hilton—violated state and federal laws when they promoted Bored Ape Yacht Club NFTs while failing. The suit, filed yesterday in the U.S. District Court’s Central District of California, named no less than 37 co-defendants—ranging from Yuga leadership to celebrities and executives. It also names MoonPay, the crypto payments startup that allegedly facilitated those endorsements. its 100-page filing tells, more or less, a single story.

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🇪🇺 EU defends party in €387k metaverse, claims 300 visitors

The
European Commission’s foreign aid department has defended a virtual party it hosted last month, telling Devex that around 300 visitors attended the event, which began an hour earlier than the publicly advertised time. Launched in mid-October, the platform, which allows users to explore a surrealist tropical island as a paperclip-esque avatar, set EU taxpayers back €387,000 ($408,102), including development, production, and running costs. immersive metaverse championed by Facebook — now Meta — chief Mark Zuckerberg.

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📣 DMI finds CBDCs not targeting cross-border payments, huge potential in metaverse

The
Digital Money Institute’s third annual payments report looks at central bank digital currencies for the first time, as well as other payment methods, through the lens of cross-border payment utility. Central bank digital currency (CBDC) development aims squarely at inclusion, both for the central bank in the national economy and for the people it serves. Meanwhile, the technology for cross-border payments is being developed elsewhere for the most part, according to a new report on the payments industry. DMI's findings. This was the first time it included a survey of central banks.

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📣 FTC Could Curb Microsoft's Metaverse Ambitions with Activision Lawsuit

On
Thursday, the Federal Trade Commission announced a lawsuit to block Microsoft from acquiring Activision Blizzard, developers of the Call of Duty and Overwatch franchises. The FTC alleges the deal would give Microsoft an unfair advantage over its competitors in the gaming industry, essentially creating a monopoly. "Microsoft has already shown that it can and will withhold content from its gaming rivals," Holly Vedova, Director of the FTC's Bureau of Competition, said in a statement. "Today we seek to stop Microsoft from gaining control over a leading independent game studio and using it to harm competition in multiple dynamic and fast-growing gaming markets.".

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🖼 NFT infrastructure protocol Decent raises $3.5 million from Y Combinator and others: Exclusive

Decent
, an NFT infrastructure protocol that helps artists monetize their work, raised $3.5 million in a seed funding round. The funding was secured via an equity and token warrant arrangement, Collier said. Crypto-focused venture capital firm Archetype led the round, with Y Combinator, Circle Ventures, Palm Tree Crew Crypto and its co-founder Kyrre Gorvell-Dahll (aka Kygo, a Norwegian DJ and music producer) also participating. Collier likened the Decent protocol with what Squarespace does for websites and Canva does for design. The overall percentage of deals in this vertical also increased to 47%.

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🔫 Metaverse is the Future of the Automotive Industry: NVIDIA

Metaverse
is the Future of the Automotive Industry: Nvidia, one of the largest AI and graphics companies in the world, predicts that 2023 will be the year in which many automotive companies start integrating their operations with the metaverse. The company believes there are two different ways in which this integration will be done. First, the implementation of metaverse tools will allow companies to monitor the whole production process of their vehicles, allowing them to propose improvements. This is possible thanks to the inclusion of “digital twins” in the factories where these cars are being built.

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✈️ BLR Metaport: World’s First Metaverse Airport Launched

BLR Airport launched the first phase of its metaverse move with the launch of Metaport. The ‘BLR Metaport,’ allows visitors and customers to experience the new Terminal 2 of the airport in a 3D digital experience using Metaverse. Metaverse presents evolution opportunities for business, collaboration, and interaction. Learn more about this trending career domain that projects a global change. Become future-ready with globally acknowledged lifetime valid certifications; become a Metaverse Developer today!This Airport Metaverse is a vivid cyberspace assembled utilizing Virtual Reality (VR) and Augmented Reality (AR).

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📣 LandVault’s new protocol mints metaverse builds and experiences as NFTs

Metaverse
builders LandVault plan to monetize metaverse experiences by minting them as NFTs. Its new decentralized protocol, Matera will put metaverse builds — think virtual shops or stadiums. "Matera opens a completely new market for creators and investors to participate in,” said Sam Huber, CEO of LandVault. While many metaverse platforms like Decentraland and The Sandbox are on-chain and their virtual land is represented by NFTs, the actual experiences built on that land aren't.

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🇳🇱 The Netherlands tops new survey as the most metaverse-ready country

The metaverse and digital reality experiences are barreling toward consumers, whether they are ready or not. However, there are certain places in the world that are more ready to embrace a digital future from a technological standpoint. Uswitch, an internet and telephone service researcher, looked at a combination of fixed broadband speeds, broadband package prices, the number of blockchain financial start-ups and the price of high technology exports to determine which countries have the capacity to embrace the metaverse.

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🔫 Lighthouse wants to make the metaverse less lonely: Exclusive

Montreal
-based Lighthouse rolled out an open metaverse navigation engine that allows users to find places to visit in virtual worlds. platform following a successful beta in which over 40,000 testers registered, according to the company. Lighthouse believes that the empty metaverse problem is a search issue. Truly social experiences in the metaverse are lacking not because there’s not enough quality content to discover but because creators, friends and audiences simply can’t find each other. It hopes its platform will solve this issue by highlighting and recommending popular spots to visit across different worlds.

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⚡️ Nvidia Projects Automotive Industry to Include Metaverse Tech in Its Operations in 2023

Nvidia
, a graphics processing unit and artificial intelligence (AI) company, believes that 2023 could mark the start of a metaverse-driven age in the automotive industry. As part of this new conception, automotive companies will start to include metaverse tech and implement it in their industrial and retail operations. Nvidia, one of the largest AI and graphics companies in the world, predicts that 2023 will be the year in which many automotive companies start integrating their operations with the metaverse. The company believes there are two different ways in which this integration will be done. First, the implementation of metaverse tools will allow companies to monitor the whole production process of their vehicles, allowing them to propose improvements.

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🖼 NFT market held back by oversupply, greed and bad projects: Gary Vee

Popular
entrepreneur and NFT proponent Gary Vaynerchuck — also known as Gary Vee — has argued that oversupply, greed and subpar projects are the main reasons the NFT market fell so hard over the past year. Commenting on the state of the market, Vaynerchuck emphasized that there has been a significant amount of fear, uncertainty and doubt (FUD) from traditional media as well as social media this year, with both generally highlighting issues such as dwindling trading volumes and plummeting floor prices. oversupply, short-term greed and poor operators.

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📣 The benefits of the Alfa Romeo Tonale PHEV's NFT explained!

Also, the data stored on the blockchain can bring authenticity in a second-hand market context. Those who can say that they have a reliable record of their car's full-service history and detailed performance data could be more likely to sell their vehicle and often for a better price. Alfa Romeo hopes data collected through a non-fungible token (NFT) record of the Tonale SUV’s battery life and service history will help the company identify parts of the vehicle that could be improved, and how to get the best out of individual components to improve overall performance. especially in the next few years with the planned transition to an all-electric line.

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📣 40 years after 'Tron', filmmakers move to metaverse

To
create engagement, you have to have a story. In the metaverse, the creators will create the stories, and the stories they tell will create the community, just like at the beginning of time. said American film producer Donald Kushner, whose 1982 film 'Tron' is considered. According to Variety, a US-based entertainment portal, Kushner spoke about storytelling in the age of metaverse at the Red Sea International Film Festival. According to Variety, Yat Siu, co-founder and executive chairman of Hong Kong's Animoca Brands, the subsidiary firm that created the popular decentralised gaming virtual environment.

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🪙 The company behind Bored Ape Yacht Club NFTs is being sued for using celebrities to promote their products

A class-action lawsuit has been filed against Yugo Labs, the company behind Bored Ape Yacht Club, on behalf of investors who claim it failed to disclose the alleged involvement of celebrities. The lawsuit claimed that stars including Justin Bieber, Serena Williams, and Madonna promoted Bored Ape misleadingly. The legal action against blockchain cryptocurrency startup Yuga Labs was filed on Friday in California District Court. Plaintiffs Adonis Real and Adam Titcher have been investing in YugoLabs NFTs.

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🖼 NFT Sales Plummet to 16-Month Low After FTX Blowup

Nonfungible
Token (NFT) sales are still in the gutter since their boom in popularity last year – and FTX’s bankruptcy has done nothing to help their prospects. Weeks after the exchange’s collapse, NFT volumes have plummeted to a 16-month low. According to data provided by Dappradar, NFT trading activity hasn’t seen such lows since July 2021, when OpenSea – the world’s largest NFT marketplace – was the only major trading venue in town. While LooksRare began gaining traction in early 2022, it quickly fell out of favor as it competed for market share with multiple rivals in a rapidly shrinking market.

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📣 Entrepreneurship Education Enters the Metaverse

Success
Through Technology Education (STTE) Foundation, New Mexico State University's Hunt Center for Entrepreneurship at Arrowhead, and WebXR technology provider, Geenee AR, have announced the launch of Unicorn Academy. Unicorn Academy is geared toward students grades 8-12 who are curious about entrepreneurship and want to develop the fundamental skills needed to launch their own businesses. Accessible from any connected device, the course is led by a virtual teacher who guides students on the impact of starting a business utilizing augmented reality.

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📣 "Philosophy of Space Exploration" UTSA's First Metaverse Course

Anna
Vescio floated inside the International Space Station in late November as it orbited 250 miles above Earth. She met astronauts who showed her the station, observed its scientific instruments and equipment and saw how its occupants live in space. Vescio is among 23 UTSA students who recently completed a class titled "Philosophy of Space Exploration" — the university's first course set entirely in the metaverse, an immersive version of the Internet accessed via virtual-reality headsets, augmented reality glasses, phone apps or other devices.Then she removed her virtual-reality headset and was back in the Alamo City.

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⚡️ Singaporean Metaverse Outfit Stardust Signs Multiple Deals at ATF

Singaporean
metaverse start-up Stardust has signed memorandums of understanding with three companies at the sidelines of the Asia TV Forum and Market. Esports World Federation. Kevin Balhetchet, president, ESWF Singapore, said: “The esports market is growing rapidly into a massive driver of the global entertainment market, and we are always looking for new ways to grow and connect with our community. The partnership with Stardust offers an exciting new platform to reach out to our partners and fans.”

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