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audience statistics NFT & Crypto Updates

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Since the beginning of the war, more than 2000 civilians have been killed by Russian missiles, according to official data. Help us protect Ukrainians from missiles - provide max military assisstance to Ukraine #Ukraine. #StandWithUkraine
NFT Trading Volume has Fallen 97% Since the Beginning of the Year NFTs have been in steady decline for months, and new data shows just how bad it has gotten: digital collectibles have basically lost all of their luster and trading volume has collapsed by 97% since the beginning of 2022. A Bloomberg report shows trading volume for non-fungible tokens (NFTs) has gone from $17 billion. NFTs below the point they were in just before the NFT boom that took place in the summer of 2021 which saw the creation of NFTs explode in popularity. Gizmodo notes that OpenSea, which is the largest NFT trading platform by volume, saw its sales drop 75% in September compared to just two months prior. This, despite the fact that the number of traders hasn’t really fallen much even though the number of trades has collapsed. There were over 42,000 total traders in September.
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Elon Musk's Ex-Girlfriend Grimes Says Mark Zuckerberg 'Wildly Under Qualified' To Run Metaverse Tesla CEO Elon Musk's ex-girlfriend Grimes says that Meta Platforms Inc CEO Mark Zuckerberg isn't the right person to run the metaverse. On Friday, Aug. 26, she went on Twitter to say Zuckerberg is "under qualified" to launch the metaverse. Claire Boucher, the Canadian musician known as Grimes, expressed concerns about Zuckerberg overseeing the virtual world. She also mocked Zuckerberg's metaverse avatar and said, "this is bad art," and even an indie game looks better than this. Grimes spoke about Zuckerberg in response to his recent interview with Joe Rogan. Last week, Zuckerberg shared a photo of his avatar on his Facebook page, and people reacted by creating memes. In response, he went on Instagram to introduce a new avatar.
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Deutsche Telekom is developing hologram technology for our metaverse future German telecommunications provider Deutsche Telekom is developing hologram technology to "merge virtuality with reality”. The head of global devices partnerships at Deutsche Telekom, Sven von Aschwege, said that the international companies have decided to work together since “[holographic calls] only really make sense if they work with everyone and not just with a company's customers." The hologram will be created with a 5G internet connection and a smartphone selfie camera, and will create a 2D image which is then rendered into a real-time 3D image.
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OpenSea Has Delisted Several Azuki Non-fungible Tokens The NFT prominent characters, Azuki, have ended the week on a bad term as OpenSea has reportedly delisted several of their collectibles today. The reason is yet to be confirmed since users can no longer partake in token sales from the marketplace. According to a statement from their official discord, the crypto-based organization announced that they have reached out to OpenSea on the issue concerning delisting emails sent to Azuki holders. Azuki users should be patient as the management waits for a response to relist the digital assets. As we advance, the substantial case in hand is the same as that one that occurred to Bored Ape Yacht Club.
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Spanish Soccer League Laliga Partners With Globant to Support New Web3 and Metaverse Initiatives Laliga, the premier soccer league organization in Spain, has announced a partnership with Globant, an Argentine software giant, to bring Web3 and metaverse experiences to its fans. The partnership will combine Globant’s tech resources with Laliga’s tech division in order to build products to expand the reach of the organization in the digital realm. Big sports organizations are getting closer to the digital world as a way of reaching new fans and offering new interaction possibilities for their users. Laliga, the premier soccer league organization in Spain, recently announced a partnership that will serve to expand the digital reach of the company. The organization partnered with Globant, a Buenos Aires-based software giant, to build metaverse and Web3 experiences for current fans and new users.
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Blackrock Plans to Launch a Metaverse ETF BlackRock’s iShares Future Metaverse Tech and Communications ETF will give investors exposure to metaverse-focused companies, as per the filing on Thursday. This may include companies with links to social media, virtual platforms, digital assets, gaming, augmented reality and much more. The metaverse, which combines technologies such as virtual reality and NFTs, has become a focal point for exchange-traded product issuers. Most recently, Switzerland-based crypto exchange-traded product issuer 21Shares and US rival ProShares have launched their own Metaverse ETFs. Despite a major slowdown in the Metaverse space, some industry surveys estimate that the total addressable market between $8-13 trillion by 2030.
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BendDAO Community Proposes to Develop Bendearn Yield for ApeCoin Staking With the decentralized peer-to-peer NFT liquidity platform, BendDAO plans to pump up more APE stakings to maximize user revenue. Accordingly, the protocol aims to reform the Yuga-based non-fungible tokens (NFT) following the latest proposal from its community. Users on this staking plan are eligible to earn passive income from their activities. However, BendEarn aims to pair the mining of NFT and $APE with a focus on profit distribution. The scheme seeks to utilize market mechanisms to discover higher prices to maximize returns. This method has merits because it enhances users’ operation processes and ensures the token holders’ balance.
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Shemaroo becomes the first to open a cinema on Decentraland Metaverse Shemaroo has introduced ‘Shemaroo Theatre’ in the Decentraland Metaverse. It will be accessible on one of the world’s most sought-after Metaverse platform, Decentraland, in partnership with Filmrare, a leading Metaverse Consulting & Development Company. This collaboration marks new beginnings for the global entertainment industry. Shemaroo Theatre will present the virtual visitors an all-new exciting screening experience along with a host of other movie experiences such as a plush lobby, box office counter, virtual trailer zones, along with popcorn and drinks counters for an immersive storytelling feel. The patrons will be treated to a Bollywood movie every Friday, starting 7th October 2022, which initially will be free for the users.
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VeChain is set up for a $4 trillion metaverse market with ExoWorlds and other partnerships As a blockchain platform designed to enhance supply chain management and business processes, VeChain has for the past few months sealed several high-profile partnership deals with industry-leading firms. According to a recent report, VeChain has been set up for the metaverse with the likes of ExoWorlds and other partnerships. VeChain is one of the leading blockchain platforms that are scalable enough to serve the $4 trillion market. The team behind the project has also launched “VeChainHasNFTs”, an all-inclusive community meant to advance the interest of the VNFT ecosystem. According to their latest report, there is a giveaway in the pipeline once their targeted milestone is achieved. VeChain recently sealed a partnership deal with the china-based subsidiary of Walmart to build a blockchain traceable platform on VeChainThor.
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Neal Stephenson’s Lamina1 launches Open Metaverse Conference Lamina1, a blockchain technology company cofounder by Snow Crash author Neal Stephenson, today announced it is organizing the Open Metaverse Conference. Lamina1, started by futurist Stephenson and cryptocurrency pioneer Peter Vessenes, will be the founding sponsor of the conference, a first-of-its-kind industry event bringing together the worlds. The two-day conference will take place from February 8-9, 2023 in Los Angeles, and it will gather experts and builders spanning metaverse experiences, Web3, and entertainment. Lamina1 last week unveiled its white paper on how it wants to help build the open metaverse. Stephenson is also speaking at our GamesBeat Summit Next 2022 conference on October 25-26.
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60% of Latam Professionals Open to Using Metaverse Tools at Work Workers and executives in Latam are open to trying metaverse tools in conjunction with their traditional work, according to a study commissioned by Ciena, a software, networks, and services company. The study, which surveyed 15,000 business workers from all around the world, found that there is optimism. After the Covid-19 pandemic, more and more companies have changed their working requirements, with the rise of remote work being a consequence of this. According to a recent study presented by Ciena, a networks software company, Latam office workers are especially open to including these technologies at work. The reasons behind this belief vary from country to country.
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Leading cannabis testing facility in the U.S. hops on the metaverse train One of the companies hopping on the metaverse train is ACS Laboratory, the largest hemp and cannabis testing facility in the eastern United States, which is planning to enter the metaverse in Decentraland (MANA), the company said in a press release shared with Finbold on September 28. In the lab, visitors will be able to learn what is included in creating unique cannabis strains. In contrast, the Cannabis Quest will offer activities such as pop quizzes and winning virtual prizes.
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Ethernity up 174% ahead of anticipated announcement at Decentraland meetup The Ethenity token, ERN, is up 170% on the day in anticipation of a big announcement during the upcoming Decentraland meet-up at the new Ethernal Labs HQ within the metaverse. Users on the official Ethernity Discord channel were bemused about why the token is pumping. Ethernal Labs, the company behind Ethernity, focuses on NFT-based experiences with some of the biggest IPs in the world. Collaborators include Boss Logic, Messi, Pele, Nas, Anderson Silva, and many more. The massive price increase comes just hours before the unveiling of the Ethernal Labs HQ in the Decentraland metaverse. Expectations of a big announcement are increasing as a confirmed date for the Ethernal Labs metaverse project, The Exorians, is as yet unknown.
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NFT monthly trading volume declines for 5th straight month crashing 97% since peak The crash is in tandem with five months of consecutive decline as the interest around NFTs starts to wane. In particular, NFT monthly volume dropped to barely $466 million in September after reaching a high of $17 billion at the beginning of 2022, according to the statistics provided by hildobby on Dune Analytics. As a result of rapidly tightening monetary policy, investment flows are being cut off from speculative assets, contributing to a bigger wipeout in the crypto industry, seeing roughly $2 trillion leave the market since its peak in November 2021. world’s largest NFTs marketplace, saw a significant decrease in the daily quantities of its trades. Trading volume on the NFT marketplace fell as low as $10.05 million as of August 26.
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Facebook, Instagram open NFT feature to all US-based users NFT creators and collectors in the US can now connect their wallets to post the digital collectibles they own across Facebook and Instagram. Meta announced on Sept. 29 that the digital collectible feature is open to all US-based users. Other users in 100 countries across Africa, Asia-Pacific, and the Middle East can only access the feature via Instagram. Users can post the digital collectibles they bought or created by connecting their digital wallet to either Facebook or Instagram. The collection will be shared on both platforms based on users’ privacy settings. The feature also allows for automatic tagging of both the NFT creator and collector to the post, leveraging data from supported open blockchains. Supported blockchains include Ethereum, Polygon, and Flow.
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Christie’s Goes Fully On-Chain With New Ethereum NFT Marketplace Christie’s has already made a big splash in the NFT space, most notably auctioning Beeple’s "Everydays: The First 5,000 Days" artwork for $69.3 million in March 2021. The storied auction house is now fully embracing Web3’s decentralized ethos by launching a new marketplace. The new Christie’s platform was created in collaboration with Manifold, a startup focused on smart contracts, or the code that powers NFTs and other decentralized apps. Christie’s has also partnered with blockchain analytics firm Chainalysis and metaverse platform Spatial to enable additional functionality for its marketplace. Christie’s 3.0 reshapes that approach with on-chain transactions more akin.
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1 MORE DAY TO @AffynOfficial BIG UNVEILS!!! This is one of the most severely undervalued projects that I believe will become the Number 1 blockchain Metaverse in the entire industry. Register for the ALPHA event!: https://t.me/affynofficial/
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The Real-World Tech That Smooths Payments in the Metaverse The new eCommerce landscape is complex and ever evolving: Businesses seeking to provide their customers with new virtual spaces like gaming environments have to adapt their payments management strategies to new technical and user experience challenges. As businesses adapt to an “eCommerce anywhere” age, they are learning that new virtual spaces like gaming platforms and the metaverse require new ways of thinking about payments and user experience. Myriad challenges face global technology, communications and eGaming companies. According to the report, challenges become even more burdensome as businesses grow, making rapid growth another risk organizations must manage.
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PUBG Creator Announces Blockchain Metaverse Game PUBG creator Brendan Greene is pivoting to the metaverse and blockchain tech, with a new NFT-clad game that he says will be "made for everyone", not money. This is part of a long-running plan that started in 2019 when he left PUBG's development to start PlayerUnkown Productions in Amsterdam. It's developing Artemis, a virtual metaverse that will feature an AI population. NFTs have been a hot topic in games for a while now. Ubisoft announced its own plans to get into the blockchain and NFT world, though they didn't sell well and received a lot of backlash. As such, Ubisoft pulled out and said that it was simply "in research mode". Similarly, metaverses have proven unpopular in the wider games space as proven by Mark Zuckerberg's own announcement which turned into a viral meme.
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ACS Laboratory Joins "Automatic Slims Metaverse Marketplace" in Decentraland ACS Laboratory, the largest hemp and cannabis testing facility in the eastern U.S., is pleased to announce its entrance into Decentraland's Automatic Slims Metaverse Marketplace. Powered by blockchain company, Blockticity, Automatic Slims is a virtual Metaverse Marketplace. On the laboratory floor, Slims visitors will discover ACS Laboratory's instruments and learn how to read test results from Blockticiy-verified Certificates of Analysis (COAs). In the process, they'll realize how hemp and cannabis compounds synergize to create the unique strains and products they love. Those who embark on the Cannabis Quest will answer pop quizzes, earning virtual prizes when they complete the journey.
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Someone Borrowed $1.3M in Ethereum Using Mutant Ape NFTs as Collateral DeFi lending was already big business, but a quickly growing niche is borrowing against valuable NFTs and using them as collateral for loans. Fragment, the holder of a pair of Mutant Ape Yacht Club NFTs, borrowed 1,000 ETH—around $1.3 million—using the star-studded JPEGs as collateral today. “It’s awesome to see these loans getting funded in this market climate, and more so that it’s happening all on-chain via DeFi,” Gabe Frank, CEO of NFT lending company Arcade, told Decrypt. Arcade facilitated the latest eye-popping loan.
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NFT Game Pixelmon Attempts Comeback After $70M ‘Horrible’ Art Reveal Perhaps no project was a greater sign of the NFT world’s excess and speculative frenzy earlier this year than Pixelmon, a project that raised $70 million by selling NFTs that promised to deliver a Pokémon-esque experience—and then unveiled ragged artwork that was widely panned and yielded memes aplenty. A Pixelmon founder even called the art reveal a “horrible mistake.”. Several months later, the Ethereum-based game project is staging a comeback. Today, Pixelmon announced a new leadership team and an overhauled roadmap following the recent release of upgraded artwork, which turned the blocky, Minecraft-inspired models into more polished, smoothed-out 3D creatures.
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NFT sales expected to grow 6% – DappRadar NFT sales are expected to increase 6% to reach $21.1 million by the end of the third quarter despite overall trading volume being down 75%, according to DappRadar‘s latest report. Despite the crashing prices during the coldest winter in crypto history and the declining market volume. Ethereum suffered a great deal during Q3 2022. Top 100 Ethereum NFT projects lost 44% of their market cap in total, downsizing to $19 billion compared to the previous quarter. Immutable X (IMX) NFTs recorded an increase during the third quarter. According to the report, its trading volume increased 87% since the previous quarter, indicating the potential of Web3 games. sales count dominance in the NFT market is considered, Ethereum (ETH) looks like it holds the most significant share with 26.2%.
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Spanish Telecom Giant Telefonica Partners With Qualcomm to Develop Joint Metaverse Initiatives Telefonica, one of the largest telecom carriers in Spain, and Qualcomm, the fabless chip designer, have inked a partnership to advance joint extended reality and metaverse initiatives. Telefonica will use Snapdragon Spaces, a new technology from Qualcomm, to bring these metaverse experiences to its customers. Telefonica, one of the biggest telecom carriers in Spain and Europe, has announced a partnership with Qualcomm, the chip maker, in order to collaborate in the production of metaverse-related initiatives. The agreement establishes that the telecom infrastructure of Telefonica will serve as a platform to deploy experiences produced with Qualcomm technology.
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Asia’s largest metaverse platform Zepeto ramps up global expansion Asia’s largest metaverse platform, Zepeto, is stepping up its global expansion as it looks to compete against the Big Tech groups that are betting billions on creating avatar-filled virtual worlds. Owned by Korean tech group Naver, Zepeto has attracted 340mn users since it launched in 2018. The K-pop and fashion-focused avatar platform, which is valued at more than $1bn, has attracted investment from Korean entertainment companies JYP Entertainment, YG Entertainment and Hybe, as well as from SoftBank’s Vision Fund II. He added that Zepeto was popular in Brazil, and that it was working on Turkish and Arab language versions of the platform as part of a push into the Middle East. It comes as groups from Facebook parent Meta to Microsoft are betting billions that the three-dimensional metaverse will become the next big tech platform.
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Italian Serie 'A' Soccer Team AC Milan to Launch NFT Initiative AC Milan, a popular soccer team in the Italian Serie A league and the current champion, announced the launch of a new non-fungible token (NFT)-based project. The organization established a partnership with Monkeyleague, a Solana-based Web3 soccer game, which became its official NFT partner to launch a new series of NFT branded game assets for the game. Sports teams from all over the world are now introducing more and more Web3 elements in order to connect with fans from different markets. AC Milan, the current champion of the Italian Serie A League, has recently announced its involvement in a new NFT project. The organization partnered with Monkeyleague, a soccer esports Web3 game, to launch a joint NFT drop involving franchise-owned IP.
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Dubai set to be hub of metaverse, blockchain The metaverse and blockchain ecosystems are set to transform Dubai as a hub of innovation and giving impetus to its great strides to become a pioneer and build on its smart city status. Dubai’s metaverse strategy will boost regional and global economies. Courtesy its meticulously drafted regulatory framework, Dubai has already positioned itself as the Global Capital of Web 3.0 with its new metaverse and blockchain technology.
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Dimension X to Host Virtual Metaverse Creators Summit Dimension X, Inc. (DimX), a Metaverse company developing a platform that radically simplifies the creation of immersive experiences, is hosting the Metaverse Creators Summit, a virtual learning event focused on next generation immersive storytelling to be held on November 16th, 2022. Respected as one of the best Metaverse thought leaders, Ball has delivered an exceptional overview of the history of the internet leading to the present situation. In part 3 of his book, Ball discusses the winners and losers, the business opportunities and the personal value we might realize as participants in the next evolution of the Internet. The first 100 registrants at the Metaverse Creators Summit will receive a signed copy of Matthew Ball’s book.
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Metaform and XP&DLand unveils Durga puja on metaverse called MetaPujo Metaform and XP&DLand has announced a MetaPujo, which will foray to bring Durga puja celebrations of Kolkata to the metaverse. Ahiritola Sarbojanin, Deshapriya Park, Ballygunge Cultural and Tala Prattay pandals will be accessible through three-dimensional (3D) twins on the metaverse. According to Metaform and XP&DLand, MetaPujo will introduce four non-fungible tokens (NFTs) of Durga idols from the most visited pandals of Kolkata.
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Asia’s Largest Web3 Event TOKEN2049 Exclusively Unveils NFT Assets Valued Over US$100 Million TOKEN2049, Asia’s premier crypto conference, announced that it will be showcasing a first-of-its-kind, immersive NFT experience, entitled the OP3N WHALE NFT Exhibition, at its upcoming Singapore edition from 28 to 29 September. The exhibition will be presenting NFT assets with a market value exceeding US$100 million. The exhibition was developed by OP3N, a launchpad for IP and communities in Web3, and WHALE, the omni-versal membership club with a treasury that includes the world’s largest collection of rare, high-value NFTs spanning gaming, art, and virtual real estate.
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Last updated: 30.09.22
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