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📣 Alibaba's E-Commerce Platform Braces For Its Metaverse Debut Alibaba Group Holding Limited's (NYSE: BABA) e-commerce platform Taobao conducted final tests before making its first metaverse live-streaming product debut. Taobao has frequently released products related to the metaverse since the start of 2022. Alibaba's metaverse project will likely launch online around the upcoming New Year's shopping extravaganza, Coingape reports. Taobao and Diantao, another of Alibaba's live-streaming e-commerce apps, collaborated to create TaoLive City during the Double 11 Shopping Festival last month. TaoLive City is a virtual environment jointly developed by Alibaba's live-streaming e-commerce apps. Source https://t.me/nftsdefifinance

👟 Nike Launches New Metaverse Marketplace and Community Nike made the launch of. Swoosh. Swoosh is a new metaverse marketplace platform which is basically meant to foster an “inclusive digital community” for athletes and Nike consumers. In some cases, the users will be able to access real products or events. Once the new launch gets registered later this month, Nike will prioritise diverse communities over the U.S. and Europe. As per the planning of Nike, the company is going to launch its first collection in the year 2023. It will be including input from the community. Swoosh plans to roll out a challenge for some members so that the platform can win a chance to co-create a virtual product with Nike. expediting the expansion into Nike’s potential NFT offerings. Source https://t.me/nftsdefifinance

📣 Synpulse hosts first global leadership townhall in the metaverse International consulting firm Synpulse recently hit an innovation milestone, having organised its first ever global leadership townhall in the metaverse. Hosted in a metaverse ‘land’, the event featured leadership keynotes, an expo hall, dancing on the (meta) beach and virtual fireworks. The metaverse allows people to create a 3D avatar of themselves that can attend meetings in a virtual space and interact with co-workers’ avatars – in theory, replicating the feeling of being in the same room as their peers. Synpulse’s metaverse event was hosted in the metaverse from Virbela, a virtual world platform built specifically to solve the challenges of remote collaboration. Source https://t.me/nftsdefifinance

🇬🇧 UK advertising regulator bans Crypto.com, Turtle United NFT promotions The UK's advertising regulator has ruled against NFT promotions by Crypto.com and a project called Turtle United for failing to lay out the risks of investing in NFTs and not properly illustrating transaction fees. Contesting the ruling, which concerned its NFT marketplace, Crypto.com confirmed the ad is no longer live and argued that the company did not believe the NFTs available on its platform, which included artists’ work and sports collectibles, to be financial in nature. It said that due to the fact NFTs were excluded from recent Treasury consultation papers on crypto, it believed they would be exempt from the financial rules. Source https://t.me/nftsdefifinance