Real estate in the metaverse world is already booming. Influencers such as Snoop Dogg, PwC, JP Morgan, and HSBC have already purchased plots of virtual land in the metaverse for business and other purposes. Early investors have taken the bull by its horn and that shows no sign of stopping any time soon. That being said, it is still early,…
NFT trading upstart, LooksRare, has introduced the biggest update to its rewards structure since launch. Now, users of the platform will earn $LOOKS tokens just by listing their nonfungible assets on the marketplace. In a grand bid to boost liquidity on the platform, the LooksRare team is investigating additional ways it can reward it contributors. So, starting from April 20,…
The developers behind Project Shura disappeared shortly after they made $1.7 million from their collection, leaving investors hanging high and dry. Project Shura is an anime-inspired project that popped up after the majorly successful launch of Azuki. Shura launched their 5,500 piece collection in January at a minting price of 0.09 ETH. In their roadmap, like similar projects, they promised…
Cool Cats, producers of the widely known Cool Cats and Cool Pets NFT collections, partner with TOIKIDO to create a wide range of Cool Cats merch. The partnership will bring the beloved characters of the Cooltopia ecosystem into the physical world. The new Cool Cats line will be first released during NFT.NYC held June 20-23, 2022.Cool Cats NFT collection will…
Not everyone gets the privilege to move freely in the real world. But now, you can do so in the virtual world! In partnership with Degree, Decentraland will host the first-ever marathon in the metaverse next week. Titled as “Degree Metathon”, the run will take place at Genesis Plaza in Decentraland, starting from Tuesday 26 April, at 10 pm UTC…
SoundMint, a marketplace for generative music NFTs, announced it raised $1.7 Million during its seed funding. Animoca Brands led the seed round with participation by Castle Island Ventures, Focus Labs, Sfermion, Sky Vision, Tess Capital, and Goodwater Capital.SoundMint builds NFT marketplace following its successful seed funding. Credit: SoundMint on TwitterSoundMint Introduces Generative Music NFTsSoundMint is a platform that reimagines the…
After enduring months of speculation off the back of its announcement last year, Coinbase NFT has finally launched its NFT marketplace in beta. According to the platform itself, the new marketplace will be a virtual space that transcends beyond the mere buying and selling of NFTs. As its beta stature infers, full access to the marketplace has only been given…
Omnichain NFTs are the latest buzzword in the Web3 world. It all started when LayerZero Labs, a Canada-based firm, developed LayerZero, an interoperability protocol. In a nutshell, LayerZero forms the backbone of omnichain NFTs. Hence, you first need to understand what LayerZero is to better grasp all that omnichain NFTs entail.Omnichain NFTs are now the buzzwords in Web3. Credit: UnsplashWhat…
A long list of big brands has been applying for Metaverse trademarks in the past few months. However, the US Air Force has gone a step further with its latest Metaverse trademark application.US Air Force. credits: WorldAtlasSpaceVerse Metaverse Trademark ApplicationAccording to trademark attorney Mike Kondoudis, the US Air Force (USAF) has filed a trademark application for “SpaceVerse.” The USAF submitted…
Visionnaire, an Italian meta-luxury brand, announced the release of its first NFT. Inspired by the Greek divine archer Apollo, the NFT project called Apollo Belvedere is the first of its kind from a luxury furniture brand globally.Apollo Belvedere is the first NFT from Visionnaire and also the first one from a global luxury furniture brand. Credit: VisionnaireApollo Belvedere NFT: An…
