7 key components of a metaverse, Worldwide 10,000 NFTs, Artrade democratizing NFTs

Since the launch of Bitcoin in 2008, Crypto has presented an endless amount of white space with both imaginable and unimaginable market opportunities, always with mobile at the center of the Art of Gaming. S1922

7 Essential Ingredients in a Metaverse

In many ways, the metaverse is just a name for the evolution of the internet: to be more social, immersive, and even more economically sophisticated than what it is today. There are, in general, two competing visions of how to achieve this: a decentralized, generous with property rights and new boundaries, interoperable, open, and owned by communities that build and maintain it. Another view – very familiar to many today – is centralized, closed, under corporate whims; and often takes painful economic rents from its creators, contributors and residents.

The key dimension in comparing these two perspectives is open vs. closed, and the differences between them can be summarized as follows:

SOURCE

Worldwide 10,000 NFTs

It is an IRL community project that has hit 10,000 CryptoCitizens worldwide in 10 different towns. Each CryptoCitizen is a member of the DAO and can vote on management proposals to create IRL experiences and build the world’s most diverse DAO. CryptoCitizens are NFTs and were created through a generative art smart contract Powered by Art Blocks.

Bright Moments is an arts organization owned and operated by the holders of NFT CryptoCitizen. They are on a mission to educate, empower and connect communities around the world through unique and memorable experiences. Over the next two years, Bright Moments will launch in 10 cities designated by the CryptoCitizen community. Join DAO by purchasing or creating CryptoCitizen. CryptoCitizens is voting for the next Bright Moments roadmap city. The next 1,000 CryptoCitizens will take place in London this summer.

The Vatican has created a VR NFT gallery

The Vatican opens an official VR NFT gallery on democracy in works of art. It is a partnership with virtual reality company Sensorium and Humanity 2.0, the Vatican non -profit. Even if it is not clear if these Vatican NFTs can be used in the NFT market and make money ??, the target is clear, use the legacy! The St. Peter’s Basilica and the Sistine Chapel are some of the unique features within the metropolis. Works of art, statues etc. can be seen in the historic site. In total, there are more than 70,000 works in the Vatican Museum. These include works of art by Leonardo da Vinci, Raphael and many more. The Vatican plans to present these works to people who use NFTs.

Ferrari hack

The crypto scam titled “Mint your Ferrari” tricked visitors into buying NFT tokens, falsely claiming that Ferrari introduced “a collection of 4,458 horsepower NFTs to the Ethereum network.”

One of Ferrari’s subdomains was hijacked yesterday to host a scam promoting a fake collection of Ferrari NFTs, researchers said. The Ethereum wallet associated with the cryptocurrency scam appears to have raised several hundred dollars before the hacked subdomain was closed. What makes the scam even more interesting is the fact that the luxury automaker had previously announced plans to launch NFTs with tech company Velas.

number of the week

Economic models based on scarcity

Economic scarcity means when the demand for a resource is greater than the supply of that resource because resources are limited. Scarcity forces consumers to make decisions on how to allocate resources to meet all basic needs and as much as possible. Scarcity works in the free market through supply and demand, which can cause the price of a product or service to fluctuate over time, whether there is much or little available. For example, natural resources such as gold, oil, silver and other fossil fuels are scarce. If demand exceeds supply, these resources may become scarce and prices may rise. Other commodities, such as diamonds, have high prices due to their limited availability and market control. Basically, blockchain -powered NFTs create digital scarcity. Without scarcity, property has no economic value. NFTs are becoming more and more unique and in high demand due to their popularity online. The offer is limited to one buyer only. The less of something, the more people like it 🙂

SOURCE

The Urban Legends Collection

The exclusive NFT art collection, Urban Legends, pays tribute to every urban tribe in history to continue to uphold the flag of freedom of speech, equality, eccentricity and respect for all. And these hairstyles, clothes, stamps, expressions and accessories are depicted in urban legends.

The Urban Legends project started with a collection of NFT art, to create avatars, spaces, services and metaverse experiences. In addition to their initial skins, Urban Legends will feature 3D skins that can be used in the Metaverse, where all the races, styles, and freedoms will be who we will represent in Urban Legends. Urban Legends arrives on May 7. Like Urban Tribes, Urban Legends has chosen Solana, as the alternative blockchain network that is strongly claiming its space.

Samsung will list its blockchain ETF on the Hong Kong Stock Exchange

Samsung Asset Management of South Korea will attempt to launch the fund in the first half of 2022 on the Hong Kong Stock Exchange, the Korea Economic Daily reported Thursday. The brand wants to list a blockchain ETF similar to Amplify’s BLOCK ETF. This is the first time an Asia-based ETF of its kind that includes crypto has been listed in the region. The offer is expected to follow a basket of major blockchain tech companies.
The move has sparked renewed ETF applications around the world, including the United States, which has yet to approve the first spot bitcoin fund, due to the SEC’s cautious stance.

SOURCE

OneFootball raised 300 million

The startup uses blockchain technology to “publish digital assets and fan-centric experiences. Blockchain fund and incubator Liberty City Ventures led the way, with additional investment from Animoca Brands, Dapper Labs, DAH Beteiligungs GmbH, Quiet Capital, RIT Capital Partners, Senator Investment Group and Alsara Investment Group.The money will support the company’s expansion efforts, investment in Web3 companies and OneFootball Labs, a new joint venture of Animoca Brands and Liberty City Ventures

OurSong, mobile NFT platform

Our Happy Company, the parent company of NFT platform OurSong, raised $ 7.5 million in the funding round led by Infinity Ventures Crypto and Animoca Brands. Our Happy Company was founded by veteran entrepreneurs in the streaming and entertainment industry, including renowned musician and producer John Legend; KKBOX founder Chris Lin; and Twitch founder Kevin Lin. The company’s flagship product, OurSong, is a mobile NFT platform designed to provide creators, including musicians and artists, with a more equitable way to create digital creations, monetize their work, and build communities around them.

While many platforms require complex and expensive processes for creating and owning NFTs, OurSong offers an easy-to-use mobile experience that makes NFT ownership, and the social and digital companion. benefits, as simple as a few clicks on a phone. It is linked to the TTWallet wallet that fully supports NFT asset management and is based on ThunderCore which is a secure, high performance and EVM equivalent to the public blockchain with its own native currency, the TT. Currently, ThunderCore has an international user base spanning more than 100 countries.

Fumigene art gallery at Polygon

you can collect exclusive digital collectibles made by top designers. From art, fashion to music, we’ve featured a short list of top creators and offered them the opportunity to list their digital artwork to be sold as an ERC-721 unusable token. We provide a free and faster trading platform using proof-of-stake technology.

SOURCE

1st interactive P2E game show on Twitch

If you listen to NFT Morning’s podcast on the topic, you’ll discover the principle is pretty simple: 2 teams competing in very different games: Splashes vs. Cracks, all arranged by an animator reproduced by 3D and broadcast on Twitch. Except that spectators can participate and even win prizes at the end of each season (6 weeks) of the game, if they present one of the NFTs to one of the two teams. Every Sunday the game play is different, with new game mechanics with surprising twists according to the creators.

7 things to know when launching your NFT project

Faced with the complex legal issues posed by NFTs, a law firm aims to compile within a guide, all the answers we can give on the current state of affairs. The guide allows any entrepreneur working in the field of NFT to understand, in a simple and effective way, the legal environment applicable to his project.

Artrade democratizing NFTs

it is the first web and mobile application that allows you to consult, discuss, store, purchase and create NFTs in the simplest way. While it is true that the electricity consumption dedicated to NFTs is questionable in the Ethereum blockchain, their choices led them to stay with Solana to reduce this consumption and the associated costs. In addition, it is working with ClimatePartner to ensure that all CO2 emissions caused by mining NFTs on the platform are offset by validated climate protection projects, making our NFT carbon neutral or climate neutral.

SOURCE

NEwS

Leave a Comment