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Meta to Slow Hiring in 2022, Hints at Layoffs After Metaverse Pivot Meta, the company formerly known as Facebook, is preparing to face a strong market downturn. According to reports, Mark Zuckerberg, CEO of Meta, announced a change in the hiring policies of the company, lowering the number of engineers planned to be hired from 10K to 6-7K.Meta, the social media and tech company that pivoted to metaverse tech, has announced a series of actions to help it face a market downturn in the future. According to reports, Mark Zuckerberg, founder and CEO of the organization, stated that the current economic situation would change the hiring plans of the company for this year. NFTs | OpenSea | News

Open metaverse building platform Mona raises US$14.6M in Series A Metaverse building platform Mona has closed an oversubscribed US$14.6M Series A capital raise, co-led by Protocol Labs, Archetype and Collab+Currency.Using Ethereum of Polygon blockchain, creators can mint their own interactive metaverses. The platform claims that is the first network of its kind allowing creators to build, mint and sell metaverses as NFTs. According to Justin Melillo, CEO and co-founder of Mona, “Our mission at Mona is to make the metaverse a social network where creators can thrive. NFTs | OpenSea | News

Facebook launches NFT feature for select users Meta (recognized as extremist in the Russian Federation) has begun testing the rollout of digital asset functionality to its largest Facebook subsidiary. The test launch will allow U.S. users, who are just a small fraction of the platform's nearly two billion daily visitors, to display Ethereum and Polygon NFT on their profiles. To give a visual representation of the new features, product manager Navdeep Singh reached out to a fellow social networker on Twitter to share a brief overview of how digital assets will be displayed in the Facebook interface. NFTs | OpenSea | News

Lamborghini-backed GT racing team to authenticate car parts using NFTs Vincenzo Sospiri Racing (VSR), a GT racing team backed by Lamborghini's motorsport department, has announced its partnership with nonfungible token (NFT) platform Go2NFT to launch a program that certifies racing car parts.In an announcement sent to Cointelegraph, former racing champion Vincenzo Sospiri from the VSR mentioned that their team will build NFT certification for their race cars with Go2NFT and blockchain platform Skey Network. NFTs | OpenSea | News

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Solana actually surpass Ethereum with 136% higher NFT volume According to a recent retweet by Santiment, it seems that the volume of Solana-based NFTs exceeded that of Ethereum. Well, in reality, the volume differs with a tiny yet critical factor. The volume charted in the tweet is not calculated in USD but in the blockchain’s native token.Put simply, in no way did Solana’s NFT surpass that of Ethereum. Well, except on one front. The total transactions conducted throughout the week on Ethereum came up to a little under 500k, while Solana noted almost 630k transactions this week alone.This 32.6% higher activity on Solana does show that lower costs can attract higher usage, but it doesn’t amount to much. NFTs | OpenSea | News

Blink Digital launches metaverse hospital on Decentraland Blink Digital, the digital agency, collaborated with Yashoda Hospitals Group to acquire a parcel of land and set up an experience zone in Decentraland — a metaverse platform.Known for enabling brands to venture into the metaverse ecosystem.Yashoda Hospitals intends to offer healthcare services to people in the metaverse in the future. Blink Digital has created each component of the structure, allowing users to virtually experience and learn more about the hospital network and the services it offers. NFTs | OpenSea | News

Italy's Prada announces 2nd Timecapsule NFT collection after hit debut Italian luxury fashion house Prada is set to unveil its second Timecapsule NFT collection after its first NFT drop completely sold out. The first Timecapsule NFT Collection, dropped in June, was a collaborative project with artist Cassius Hirst.The Prada Timecapsule shirt, which is the #31 drop in the Timecapsule Collection, has the word ‘July’ emblazoned at the back. It has a black pipeline complemented with the Holliday & Brown tulip print on a cotton poplin base. NFTs | OpenSea | News

Lotus is about to release its first NFT collection British carmaker Lotus is partnering with Web3 Ripple and NFT PRO to enter the world of NFT. Here, the former will provide technical support for minting digital assets on the ultra-fast, low-cost and carbon-neutral XRP Ledger (XRPL) blockchain. The project, called the 01L Collection, will be launched in several phases, the first of which will be the release of the first collection of rare NFT Lotus. The collection includes five different assets, each of which is a dynamic and animated image of a Lotus badge with a different color background. NFTs | OpenSea | News

Shaabiat Al Cartoon announces first televised Arabic cartoon NFT Collection NFT project, Crypto Arabs, is revolutionising the way the world does business by educating its community members about crypto currencies, Web 3.0 and Non Fungible Tokens (NFTs) through their ‘Learn to Earn’ initiative in the Metaverse.Sheikh Humaid bin Khalid Al Qasimi and Princess Nejla bint Asem of Jordan became some of the first members of the Crypto Arabs Community. The Royal Highnesses were presented with artwork based on the final collection which will be distributed upon mint. It’s the first time in history where an Arabic televised cartoon is being turned into an NFT collection and will feature 10 of its most popular characters. NFTs | OpenSea | News

NFT's annual trading volume fell 94% in June According to The Block, NFT trading volume fell 94% in June compared to January 2022. For the first time since July 2021, total unique token turnover fell to $1.01 billion. In fact, it appeared that there were no robust NFT collections on the market whose value remained steady amid the demand crisis. According to CoinMarketCap, the JPG index, created in April to track blue-chip unique tokens, was down 70%. This period coincided with the start of the global geopolitical crisis, which negatively affected international economic indicators. NFTs | OpenSea | News

NFT author was robbed via email Experts confirm that in recent weeks there has been an increase in the number of hacker hacks of personal accounts of NFT owners, which leads to the loss of digital lots. One of the safest ways to store virtual assets is the Ledger hardware crypto wallet with a special extension for placing non-fungible NFTevening tokens. NFTs | OpenSea | News

Chia Launches Innovative Expanded NFT Functionality in NFT1 Standard Chia built the NFT1 standard focused on real-world needs to drive the adoption of NFTs by easing friction and burdensome facets of the technology. The new standard initially targets artists and developers and includes advancements in core NFT functionality unique to the ecosystem. To commemorate the launch of the NFT1 standard, Chia created a limited edition set of 10,000 unique and procedurally generated profile picture (PFPs) NFTs, Chia Friends™, to be randomly distributed to community members. NFTs | OpenSea | News

Coca-Cola to Release a Pride Series NFT Collection on Polygon (MATIC) The world-renowned beverage company of Coca-Cola has announced that it will be launching a Pride series NFT collection in celebration of the LGBTQIA+ community. Rich Mnisi and Coca-Cola will collaborate in the creation of 136 NFTs, which are currently being minted on the Polygon Network (MATIC). Some of the NFTs are already listed on OpenSea. The Coca-Cola Pride Series NFTs now have a floor price of 1 Ethereum, as seen in the screenshot below. NFTs | OpenSea | News

The community debates about the beauty industry in the metaverse. At the moment, the sure ticket to the metaverse for cosmetic brands remains the creation of makeup for avatars. Cosmetic brands are evolving their capabilities as the meta universe itself improves. Thus, what we now consider absurd in the virtual world will be vital to the metaverses in the furure. NFTs | OpenSea | News

Optimism NFT marketplace Quixotic suffers exploit following contract update The team assured users that lost funds would be returned and that NFTs listed on the platform were unaffected. But as a precautionary measure, all marketplace activity is paused as devs further investigate what happened. The exploit was first noted by the team at NFT project Apetimism, who duly alerted the community with a tweet in the early hours of July 1 (BST). It pinpointed the offer feature as the source of the vulnerability, suggesting members cancel open offers to protect themselves. NFTs | OpenSea | News

Kochi’s first NFT art show is a showcase of some of India’s renowned NFT artists’ works A row of vertically positioned televisions, some with attached headphones, serve as digital frames that ‘play’ artworks in a loop at Cafe Papaya. Themed ‘Myths and Memes’, the show curated by artist Vimal Chandran, is Kochi’s first NFT art showcase. Since 101 India stories are rooted in India, and myths abound in the country it was an inevitable choice. Though not all works stick to it in the strict definition of myths, it is more each individual artist’s take where the modern melds with myth to create contemporary mythology. NFTs | OpenSea | News

Nansen Adds Analytics Data for 53,000 NFT Collections Nansen, a blockchain analytics platform used by traders in the NFT and DeFimarkets, announced today that it has fully integrated Solana, launching a series of dashboards and features that provide analysis into its rising NFT market. The firm first revealed its plans for Solana last November, with intentions to launch the capabilities in Q1 2022. Ultimately, Nansen began rolling out support in April with some integrations for DeFi protocols, the sort that enable non-custodial trading, borrowing, and lending of crypto assets without third-party intermediaries. NFTs | OpenSea | News

⚡️ Facebook starts testing Ethereum and Polygon NFTs with select creators in the US. After debuting NFT support on Instagram in May, Meta has launched digital collectibles support on Facebook with select creators. A spokesperson for Meta told TechCrunch that the company has started a slow rollout that allows a select group of creators in the United States to post digital collectibles on Facebook. With this feature, these creators will be able to show off NFTs on their profiles under a new tab, and the art will have a “digital collectibles” label — just like Instagram. NFTs | OpenSea | News

Nobody Bid on the 2023 Chevy Corvette Z06 NFT The NFT artwork, named 'Own the Color,' was to be sold along with something actually tangible: a 2023 Corvette Z06 finished in a one-off color called Minted Green. Thus, the buyer would be said to 'own the color' which would never be used on another factory Corvette. The NFT auction took place on SuperRare from June 20-24, with bids taken in Ethereum. Those wishing to bid on the NFT had to clear a minimum bid of 206 ETH, roughly equivalent to $210,000 at the time of writing. NFTs | OpenSea | News

Metaverse and virtual reality are gaining a foothold in healthcare More than eight in 10 healthcare executives expect the metaverse to have a positive impact on the healthcare industry, according to a report from Accenture. Another application could be found in secure authentication, for example, a traveling patient being able to securely provide their medical information to a caregiver. NFTs | OpenSea | News

Russia to release NFTs in support of people with amyotrophic lateral sclerosis. Unique NFT-capsules were created as objects of digital art, each one preserving the stories of people with ALS about love, inspiration and dreams, about the pleasure of living a full life, and how important it is to be needed by someone. NFTs | OpenSea | News

More than 500 companies create a metaverse The evolution of 3D simulated worlds is giving brands a chance to reach masses of users who are difficult to reach through other forms of advertising. Major companies such as Nike, Louis Vuitton, Balenciaga and Meta have recognized this shift and are implementing metaverse strategies. NFTs | OpenSea | News

Chinese tech giants vow to stop NFT secondary trading -state media Chinese tech giants including Tencent Holdings (0700.HK) and Ant Group have signed a pact to stop the secondary trading of digital collectibles and "self-regulate" their activities in the market, Chinese state media reported on Thursday. The companies were among 30 firms and institutes that have agreed to the "Digital Collectible Industry Self-Discipline Development Initiative" in which they will help prevent secondary trading and speculation in digital collectibles. NFTs | OpenSea | News

Siemens, Nvidia Team up for Industrial Metaverse German engineering and technology firm Siemens has teamed up with chip maker Nvidia to launch a metaverse where companies can reduce the cost of running their plants and accelerate new production designs.As Reuters reported Wednesday (June 29), the agreement is the foundation of Siemens Xcelerator, the company’s new open, cloud-based digital platform, aimed at expanding the company’s digital business. NFTs | OpenSea | News

✨ NFT-marketplace Binance opened the possibility of NFT minting to all comers You can create NFTs on BSC and Ethereum networks. NFTs | OpenSea | News

HTC to unveil smartphone with metaverse support HTC introduced to customers its new smartphone HTC Desire 22 Pro, to support VR technology and the company's own meta universe Viverce. Also, in some countries, the device will offer built-in crypto-wallet support, as well as HTC's proprietary NFTs in addition to it. The phone will go on sale on August 1 this year. NFTs | OpenSea | News

Metawhale World launches World’s only NFT Museum in Metaverse The year 2022 has proved beneficial for NFTs, their success story has made headlines for several launches and debuts in the market. Even when the crypto crashed at the start of the year, hitting real hard, NFTs still went for a hike. The Metawhale World Founder Rahul Kaushik and Co-Founder Rahul Pabby ensured the success of the event. Metawhale World was officially launched on April 28, 2022, and has been creating a buzz in the domain of Metaverse. NFTs | OpenSea | News

Tencent Launches Extended Reality Unit to Tackle the Metaverse Market Tencent, the Chinese technology and entertainment giant, announced the creation of its own metaverse-driven division. The division, named the extended reality unit, will be the one tasked with encompassing all metaverse-driven efforts, including hardware and software developments. The division will be led by the current Global’s Chief Technology Officer Li Shen, and will be part of the entertainment division of the company. NFTs | OpenSea | News

💥 Italian luxury brand Salvatore Ferragamo is breaking into NFT In collaboration with artist Shxpir, the company's concept boutique in SoHo, New York, has launched a booth where customers can mine their own NFTs on Ethereum for free for placement on OpenSea NFTs | OpenSea | News

Accelerate Financial Launches NFT Fund, Sees Prices Bottoming The Accelerate NFT Fund LP will open for business tomorrow, with plans to own a mix of “blue chip” NFTs, including CryptoPunks and Bored Ape Yacht Club collections, according to a company statement. “We are still in the first inning of the growth of Web3 and believe the best way to gain exposure to Web3 is through blue-chip NFTs,” CEO Julian Klymochko told CoinDesk. “Current blue-chip NFT prices provide long-term investors with potential 10x returns, analogous to bitcoin in 2013.” NFTs | OpenSea | News

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S.Korea’s Korbit issues employee IDs in CryptoPunk-like NFTs South Korean cryptocurrency exchange Korbit said on Monday that it has issued employee identification cards (IDs) in CryptoPunks-inspired non-fungible tokens (NFTs). Various South Korean industries have experimented with NFTs for official documentation, such as graduation certificates. Korbit, one of South Korea’s five fully licensed exchanges, hopes that giving employees NFT IDs can boost the company’s sense of community. NFTs | OpenSea | News

Metaverse can’t be built on the corporate business model, says EY innovation lead Magnus Jones, the innovation lead at big four accounting firm Ernst & Young (EY) believes that the metaverse would be led by the young generation and it cannot be built on the same principles of the corporate business model. The EY innovation lead shed light on the company’s investment strategy and why a significant chunk of it has gone towards younger generation firms and startups. He said that many of these young firms have proven themselves with valuable products and revenues of millions of dollars. NFTs | OpenSea | News

NHL Partners With NFT Marketplace Sweet To Bring Digital Collectibles To Fans The National Hockey League (NHL) and the Sweet, a non-fungible token (NFT) platform announced a multi-year partnership deal on June 23. This will bring the NFT marketplace to the League.Nevertheless, When the 2022–2023 season begins, the NHL’s Sweet marketplace is anticipated to launch in October.As per their statement, the NHL, NHLPA, and NHLAA officially designated Sweet as the Official NFT Digital Collectibles Marketplace and Official NFT Partner.The NHL will be able to create a range of unique NFT projects due to this multi-year relationship. NFTs | OpenSea | News

Catalonia is building its own metaverse, says innovation minister Catalonian director-general of innovation Daniel Macro discussed some of the key efforts that the government has taken and worked on to make the region a digital hub in an exclusive interview with Cointelegraph’s managing editor Alex Cohen. NFTs | OpenSea | News

Solana-Based Chainers Announces Whitelist Ahead of NFT Launch Solana-based Chainers NFT and metaverse project is all set to launch its NFT collection. Already, the project has announced a whitelist. With this, community members on the whitelist will get a chance to mint the Chainers NFTs before they are sold out.Launched in 2022, Chainers is a Solana-based blockchain platform that aims to bring blockchain gaming, NFTs, and the metaverse under a single roof. The project aims to be the next big thing in Web3, providing a seamless and immersive entertainment experience.Essentially, the platform is centred around its NFTs, which represent aliens known as “Chainers”. NFTs | OpenSea | News

Mars Inc. files trademark applications for NFT, crypto and metaverse for M&M's As the concept of metaverse and NFT continues to take shape, leading global brands are positioning themselves to capitalize on this trend as they explore ways to stay connected with customers. Licensed trademark attorney Michael Kondoudis broke the news about the app in a June 24 tweet, noting that the app entails "NFT and digital tokens, virtual candy and snacks." NFTs | OpenSea | News

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Meta copied VR technology key to metaverse gaming, immersion claims The Meta Quest 2, which dominates the market, infringes six patents covering haptic technology, Immersion said in a complaint filed Thursday in federal court in Waco, Texas. Meta Chief Executive Officer Mark Zuckerberg has committed to spending $10 billion a year to bring to life his vision of a virtual reality-enabled metaverse. Sales of Meta Quest 2 hit 8.7 million units in 2021, twice as much as in the prior year, and the company owns 80% of the market. NFTs | OpenSea | News

Square Enix Won't Be Making Final Fantasy NFT Games Anytime Soon Square Enix CEO Yosuke Matsuda committed to making NFTs and blockchain games a part of the company’s portfolio. As reported by michsuzuki and translated by VGC, Square Enix re-affirmed this goal during their 2022 Shareholders’ Meeting Report. The report states that one of Square Enix’s medium-term goals is “the development of blockchain games and entertainment products.” NFTs | OpenSea | News

Dream Hollywood Launches First Hotel NFT Membership Program A first-of-its kind offering, the membership blends unique experiences in both the real world and in the metaverse to provide guests with an experience unlike any other. Guests can purchase early access to the memberships at a discounted price during Dream Hollywood’s live launch event on Friday, June 24th co-hosted by renowned DJ and Web3 influencer Georgia Sinclair. NFTs | OpenSea | News

Bored Ape Founders Respond to 'Crazy Disinformation Campaign' From 'Demented Troll' Six months after Yuga Labs first responded to accusations that its NFT collection, the Bored Ape Yacht Club, contained racist imagery, its founders have published a blog post addressing the issue in further detail. He called the accusations “insanely far-fetched” and “bullshit,” and shared that in his view, it was time to “put an end to all this.” NFTs | OpenSea | News

BAYC founders call Nazi conspiracy video ‘crazy disinformation campaign’ The founders of the Bored Ape Yach Club (BAYC) responded to the recent controversy surrounding a documentary accusing them of promoting Nazi imagery. The co-founder of Yuga Labs, Wylie Aronow, known as Gordon Goner, said that the company has become the target of a “crazy disinformation campaign” that was spreading “ridiculous conspiracy theories.” NFTs | OpenSea | News

Gilbert NFT patches to benefit Rangers' Garden of Dreams Foundation The Foundation, a non-profit organization that brings life-changing opportunities to young people in need, has announced the launch of the first-ever NFT digital commemorative patch on Fanaply, honoring Gilbert, the Rangers all-time scoring leader, who died of cancer on Aug. 19. NFTs | OpenSea | News

Dream Hollywood Launches First Hotel NFT Membership Program A first-of-its kind offering, the membership blends unique experiences in both the real world and in the metaverse to provide guests with an experience unlike any other. Guests can purchase early access to the memberships at a discounted price during Dream Hollywood’s live launch event on Friday, June 24th co-hosted by renowned DJ and Web3 influencer Georgia Sinclair. NFTs | OpenSea | News

Mark Zuckerberg wants one billion people to use the metaverse Mark Zuckerberg has high hopes for the metaverse, and he really wants you to join him.The billionaire creator of Facebook is busy crafting what he sees as the next evolution of the internet. A fully virtual world just like the one from Ready Player One.And he’s hoping to get over a billion people living, working and playing in this new virtual space. Since then, Meta has iterated and improved on the headsets which, it hopes, will become a staple of our connected future.The demo gave a sneak peek into what mixed reality could look like, with Zuckerberg gesturing toward the cartoon character. NFTs | OpenSea | News

Minny B NFT by Burberry x Blankos Block Party Mythical Games’ Blankos Block Party returns with a sequel to last year's top-tier collaboration with Burberry. This means that the UK fashion house is bringing the web3 madness back to the realm with the launch of the second collaborative endeavor, featuring a new-generation vinyl toy NFT character dubbed Minny B. NFTs | OpenSea | News

China’s technology firms among pacesetters of metaverse Imagine a world where you can move beyond the constraints of screens or the limits of physics by teleporting yourself as a hologram, or a 3D virtual figure, to be with your friends wherever they may be.You can hug them, and make real eye contact to show your love, just as you would do in real life. NFTs | OpenSea | News

The Mercury News launches NFT collection The Mercury News is celebrating the Golden State Warriors victory in the NBA Finals with a special section published in today’s print editions and launching an NFT collection with an NFT featuring the front page of the commemorative section. NFTs | OpenSea | News

Blankos Block Party NFT Game to Launch on Epic Games Store Blankos Block Party, an NFT-driven creation game that claims to have already racked up more than one million total players, may soon be in front of a lot more players when it launches on the popular Epic Games Store. Publisher Mythical Games announced the news amid NFT NYC this week, although a timeframe for the launch has yet to be announced. Gala Games, another publisher, claimed earlier this month that its Wild West-themed shooter GRIT will be the first NFT game to be released on Epic’s marketplace later this year. NFTs | OpenSea | News

Shopify Adds NFT-Gated Option for Online Retailers The online shopping giant, which allows small businesses to create custom e-commerce shops, is launching NFT-gated storefronts as a new feature for brands looking to make their stores more exclusive, Shopify announced Wednesday. NFTs | OpenSea | News

Ledger Launches NFT Marketplace and Services Platform for Enterprises Crypto hardware and security firm Ledger is launching a non-fungible token (NFT) marketplace and Web3 services platform for enterprises, the company announced Wednesday at the Ledger Op3n conference at NFT.NYC. Ledger is also rolling out a suite of other products focused on Web3 education and security. NFTs | OpenSea | News

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Meet the Snoop Dogg impersonator who walked around NFT.NYC A man impersonating the hip-hop icon Snopp Dogg went around NFT.NYC to fire things up at the nonfungible token (NFT) event. While the intention was to bring fun to the event, there were some mixed reactions from the online community. NFTs | OpenSea | News

Ledger Launches NFT Marketplace and Services Platform for Enterprises Crypto hardware and security firm Ledger is launching a non-fungible token (NFT) marketplace and Web3 services platform for enterprises, the company announced Wednesday at the Ledger Op3n conference at NFT.NYC. Ledger is also rolling out a suite of other products focused on Web3 education and security. NFTs | OpenSea | News

'VR porn' searches spike 115% as metaverse buzz gains steam As the buzz around metaverse gains momentum, searches for virtual reality (VR) adult content have risen 115 per cent in the last five-six months, a new report showed on Tuesday. The rise in "VR porn" searches is second only to the volume of searches seen during launch of the first-ever VR headset in 2016. NFTs | OpenSea | News

Ukraine Sells Donated CryptoPunk NFT for $100K to Support War Effort Ukraine has sold CryptoPunk #5364, the highly valued non-fungible token (NFT) it received as a donation in early March during its fundraising campaign in its war against Russia. Alex Bornyakov, the country’s deputy minister of digital transformation, announced the sale in a Monday tweet. NFTs | OpenSea | News

China’s WeChat bans crypto and NFT-related accounts The top social media platform in China, WeChat, has updated its policies to ban accounts that provide access to crypto or nonfungible token- (NFT)-related services. Under the new guidelines, accounts involved with the issuance, trading, and financing of crypto and NFTs will be either restricted or banned and will fall under the “illegal business” category. NFTs | OpenSea | News

Immutable Raises $500 Million to Support Web 3 Gaming and NFT Projects The Australian NFT scaling platform – Immutable – introduced an inaugural $500 million developer and venture investment fund. The financing will be distributed to companies developing the Web3 ecosystem and non-fungible token (NFT) projects. In a recent interview for TechCrunch, Robbie Ferguson – Co-Founder and President of Immutable – asserted that the company’s primary goal is to integrate innovations in the Web3 gaming sector. As such, the firm will allocate the $500 million fund to developers that build blockchain-based games and NFT startups. Moreover, the executive believes the sector could be worth $1 trillion in the future, assuming that the film and music industry show interest and join its ecosystem. NFTs | OpenSea | News

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Christie's NFT Expert Joins Yuga Labs to Lead CryptoPunks Yuga Labs will hire Noah Davis, a key member of Christie’s NFT team, as the brand leader of the CryptoPunks NFT project. Davis was behind Beeple’s famous “The First 5,000 Days” NFT, which sold for $69 million at Christie’s in March 2021.In a Twitter thread, posted Sunday, Noah Davis announced that he would be joining the company behind the Bored Ape Yacht NFT collection, Yuga Labs as brand leader for its recently-acquired collection CryptoPunks. At Christie's, Davis was responsible for bringing Beeple’s piece 'The First 5,000 Days' to auction. NFTs | OpenSea | News

Wunderman Thompson launches Inspiration Beach’ In The Metaverse Wunderman Thompson has launched the WT Inspiration Beach, an immersive metaverse activation to celebrate the start of advertising’s biggest festival in Cannes. It allows people from all over the world to experience the agency’s unique take on creativity, content, and connectivity. NFTs | OpenSea | News

Nascent Metaverse Finance Industry Provides Investors with Exciting Opportunities This year, the momentum is continuing, with corporations, venture capitalists (VCs) and private equity (PE) firms having invested more than US$120 billion in the metaverse in the first five months of 2022 alone, a figure that’s more than double the US$57 billion committed to the space in all of 2021, data from McKinsey show. NFTs | OpenSea | News

Singer Tyga has released an NFT series based on Egyptian tombs. Representatives of the creative cryptolab Kreation announced the launch of a collection of NFTs with the participation of famous American rapper TYGA.The named series, called T10T NFT, is based on the Solana blockchain and is presented on the Magic Eden marketplace. NFTs | OpenSea | News

Lacoste joins the NFT space. Lacoste has officially launched its first NFT project called "Undw3". This collection plays on the crocodile motif, which is part of the brand's heritage, and brings the label to Web3.Lacoste plans to sell 11,212 tokens that reference the iconic L1212 polo shirt. The starting price of the token is 0.08 ETH. NFTs | OpenSea | News

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Iconic Funds targets NFTs with ApeCoin ETP and reveals white labelling ambitions Iconic Funds has expanded the range of wrapped crypto exposures available to investors by launching the world’s first ApeCoin exchange-traded product (ETP). The Iconic Physical ApeCoin ETP listed on the Boerse Stuttgart on Wednesday with a total expense ratio (TER) of 1.49%. NFTs | OpenSea | News

Globant Finds 73% of Tech Professionals Believe Metaverse Is Accessible to Them A report issued by Globant, an Argentinian software company, has discovered that people feel the metaverse is close and accessible to them. The report, titled “How the metaverse is transcending digital limits and reinventing our place in the physical world,” found that the metaverse is perceived as being accessible by 73% of the people consulted, but only 26% have had metaverse experiences. NFTs | OpenSea | News

NFT Stradivarius violins to be sold at NFT NYC 2022 It has been confirmed that the first NFT Stradivarius violins will be unveiled at next week's NFT.NYC event. The NFT Classics Society will release the Cobbett Stradivarius Violin NFT collection on June 20, the opening day of the event. NFTs | OpenSea | News

Shiba Inu’s Welly NFT Goes Live on Twitch This comes after the public sale of the Wellyfriends' NFT mint event. The Welly collection, which features 10,000 NFTs with different attributes and combinations, was minted in three different stages: Shiboshi and leash holders' private sales, minting assigned to whitelist spots on Discord and then a public sale. NFTs | OpenSea | News

‘Silicon Valley’ Producers Tap Ethereum NFTs for User-Generated Comedy There’s been no shortage of celebrities entering Web3 to drop NFT collectibles, but more and more established creators are eyeing blockchain technology as a way to rethink the creative process in bringing entertainment to life.Now, some of the comedic minds behind HBO’s hit series “Silicon Valley” have unveiled their own attempt, Terrible Pets. The project will use Ethereum NFTs to “turn content itself into LEGO blocks,” letting owners use them to build meme-able online content, said Fika Media co-founder and CEO Adam Altman. NFTs | OpenSea | News

Meta launching store for digital clothing in metaverse Facebook parent Meta Platforms (NASDAQ:META) is making its next metaverse commerce move, launching a store to sell designer digital clothing for users' virtual avatars. CEO Mark Zuckerberg announced the store in Instagram Live Friday, Reuters reports.And while it's meant to be an open marketplace where developers can make and sell outfits, the store has some high-profile initial brand partners, including Balenciaga, Prada and Thom Browne, Zuckerberg said. NFTs | OpenSea | News

NFT platforms in China grow 5X in four months despite government warnings The popularity of nonfungible tokens (NFTs) is on the rise as recent data shows that the number of digital collectible platforms in China has grown to over 500, a 5X increase from February 2022, when the total number of NFT platforms was just over 100. According to a report published by a local Chinese daily, the sharp rise in the number of NFT platforms comes amid the growing hype and popularity of the digital collectibles in the country. NFTs | OpenSea | News

🔥 INTRODUCING: LIMEWIRE ORIGINALS 🔥 The iconic LimeWire brand is coming back as a music-first NFT marketplace. LimeWire Originals will be LimeWire's genesis NFT collection and ownership comes with ton's of perks. 🎉 WAITLIST NOW OPEN 🎉 Get on the e-mail waitlist to get a chance to purchase a LimeWire Original in the private pre-sale ahead of the public drop. Join the Pre-Sale Waitlist: https://limewire.com/originals Telegram: @limewire Discord: https://discord.gg/limewire Bloomberg Article: https://www.bloomberg.com/news/articles/2022-03-09/limewire-is-making-a-crypto-comeback-but-not-as-you-know-it Utility 🎉 Access to LimeWire events & parties, starting with the NYC Launch party on July 1st ⭐️ Early access to NFT drops on LimeWire 🎁 LMWR Token Airdrop in Q4 ✅Price: $750 ✅Ethereum-based ✅Supply: 10k NFTs ✅100% gas/mint fees covered by LimeWire ✅Payment: Credit card (Stripe), BTC, ETH and USDC ✅Minting in July. Buyers receive a code via e-mail to claim their NFT on LimeWire’s marketplace.

RTFKT studio will bring perfumes to the metaverse. It was recently revealed that luxury fragrance brand Byredo is teaming up with RTFKT to create the digital perfume series Alphameta. Byredo and RTFKT studio were inspired by potions from various video games to give digital avatars a virtual perfume with a decadent scent. NFTs | OpenSea | News

Metaverse could be worth $5 trillion by 2030: McKinsey report A new report from global consulting firm McKinsey found that the Metaverse could be worth $5 trillion by 2030. Global spending in the Metaverse could reach $5 trillion by 2030, according to a new report from international consulting firm McKinsey & Company. Published yesterday, the 77-page report titled “Value Creation in the Metaverse” analyzed current adoption trends and drew additional insight from two global surveys; one gathered data from 3,104 consumers across 11 countries, while the other polled a range of executives from 448 companies across 15 industries in 10 different countries. NFTs | OpenSea | News

By 2030, the metaverse industry will be worth up to $5 trillion One of the main ways of earning in the metaverses will be e-commerce, with a turnover reaching about $3 trillion, say analysts at McKinsey & Company, an international consulting firm. Experts predict that in 2030, e-commerce will spend from $2 trillion to $2.6 trillion. Virtual advertisement will become another important sector, and associated revenue is expected to reach from $144 to $206 billion. NFTs | OpenSea | News

Infamous scammer and fake heiress Anna Sorokin is launching an NFT collection to get away from her ‘scammer persona’ The exclusive collection of NFTs is an attempt to move away from her “scammer persona,” a decision made after Sorokin became known for her delinquencies, which ranged from stealing from businesses and friends while posing as German heiress. Sorokin announced the collection in an interview with NBC. NFTs | OpenSea | News

HTC confirms its return with the Meta Phone Remember HTC's once-favorite smartphones? Here's the good news - HTC is returning with the metaverse phone. HTC recently announced the launch of its meta phone on Twitter. The phone will be released under the HTC "Viverse" brand and will debut on June 28. NFTs | OpenSea | News

PopCom to launch NFT vending machines in New York City NFTs will be on sale at a vending machine in Metropolis New York starting June 20. In collaboration with New York artist Christopher "KNXTTI" Green, 10 NFTs will be available on a first-come, first-served basis. And for $500, an NFT collector will receive a high-quality NYers Assortment printout from the vending machine along with a QR code. NFTs | OpenSea | News

NFT tickets may be introduced for the 2024 Olympics in Paris Tickets for the 2024 Paris Olympics could be sold as NFT - at least that's what the French government's Olympic envoy recommends! Official Michel Cadeau believes that blockchain technology is more secure than traditional ticketing systems.Accordingly, Olympics participants will receive their digital tickets via SMS and QR codes just a few days before the event. In addition, Cadeau advised the Prime Minister's Office to implement blockchain tickets for all major sporting events held in Paris. NFTs | OpenSea | News

India's biggest virtual film festival Malhaar launches NFT Tickets Mumbai [India], June 15 (ANI/PNN): After winning many hearts and satisfying cinema lovers with the first season, the second edition of the Malhaar short film festival is here to thrill and entertain cinema lovers once more. But this season has something unique as the film festival will be using non-fungible tokens to provide ownership to the creators. Malhaar Virtual Film Festival has become the first-ever platform that is using blockchain-based Non-Fungible Tokens (NFTs) to deliver ownership and monetized honour to the filmmakers, storytellers, and artists. The tickets are available on their official website. All you need is a Metamask wallet and you are good to go. NFTs | OpenSea | News

Instagram Digital Collectibles for NFT Creators and Collectors The Meta-owned company has begun testing a new digital collectible feature, with a select amount of creators and collectors in the United States able to share the NFTs that they have either created or bought on their Instagram posts and reels. The feature is possible thanks to Instagram collecting and organizing public data from certain open blockchains from which they can identify which collectibles belong to which collectors. NFTs | OpenSea | News

Children's cable TV channel Nickelodeon plans to launch NFT in partnership with the Recur platform, based on the Polygon blockchain. While nothing is known for sure about Nickelodeon's first NFTs, the platform's promo videos hint that the tokens will be based on the channel's classic cartoons such as "The Oh Those Kids" and "Hey Arnold!" NFTs | OpenSea | News

NFT ticketing may catch on faster in France after UEFA championship debacle The disorder before the UEFA Champions League final game may lead to the widespread adoption of nonfungible tokens (NFTs) for ticketing at sports events in in France. The country previously stated that it intends to use NFT tickets during the 2023 Rugby World Cup and 2024 Paris Olympics. NFTs | OpenSea | News

Bored Ape NFTs Face Steep Declines in Broad Cryptoasset Rout Popular NFT collections, including the celebrity-favored Bored Ape Yacht Club (BAYC), are being hit hard as the crypto market sinks. Bored Ape NFTs Face Steep Declines in Broad Cryptoasset Rout. The NFT Index, which tracks the performance of nonfungible tokens and is weighted based on each token’s circulating supply, fell about 23% in the past 24 hours. The BAYC NFTs saw a 25% decrease in average price in the same period, according to data from DappRadar and CoinMarketCap. Some of these tokens sold for millions of dollars in recent months. NFTs | OpenSea | News

NBA stars will auction off their NFTs in China The Beijing Poly International Online Auction will feature an NBA Top Shot. Anyone can buy NFTs of Steph Curry, Kevin Durant and Kyrie Irving. The starting price ranges from $15 to about $7,000. NFTs | OpenSea | News

NFT Capitulation: The User Who Bought a CrypToad for 300 ETH and Sold it for 6.9 ETH It’s safe to say that non-fungible tokens have seen better days as liquidity dries up amid a broader market downturn and collapsing prices. Amid all this, an investor has let go of an NFT they bought for more than $1 million for less than $10K. There are many stories of users turning a small investment into a massive bank, but this one is not one of them. In fact, it’s the exact opposite.Just a few hours ago, someone sold a non-fungible token from a collection called CrypToadz by GREMPLIN for 6.9 ETH, worth roughly around $8.4K at the time of the transaction. NFTs | OpenSea | News

NFT trading volume surges amid market and floor price crash A long list of top NFT projects such as Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Crypto Punks, and Sorare have all seen more than 100% increases in 24-hour trading volumes as investors look to snap up cheaper NFTs as floor prices tumble. According to data from CryptoSlam, eight of the top 10 NFT projects in terms of 24-hour sales volume have posted at least a 115% increase in trading volume, with the only projects falling under that mark being Goblintown at 35.54% and Moonbirds at 64.11%. Leading the pack is Yuga Labs’ BAYC NFTs, with a 262.79% surge over the past 24 hours to account for $7.1 million worth of sales. NFTs | OpenSea | News

NFT Floor Prices Sink Amid Crypto Crash, But Overall Sales On the Rise The cryptocurrency market is down today—way down—with a 14% drop in overall value over the past 24 hours, including a 16% loss for Bitcoin and an 18% loss for Ethereum. NFT collections are also feeling the hurt of the battered crypto market, due in part to the falling ETH price. But surprisingly, NFT trading volume has actually risen sharply over the past 24 hours, up 54% over the previous period—suggesting that collectors may be taking advantage of lower prices. NFTs | OpenSea | News

NFT trading volume soared by 72% over the past day 🦾 According to the CruptoSlam service, Art Blocks tokens took first place in terms of sales growth rates among the 10 most demanded NFT series. Their turnover increased by more than 11 times. On the second line according to this indicator are the coins of CruptoPunks, on the third - Bored Ape Yacht Club (BAYC). However, against the backdrop of falling rates, most of the leading cryptocurrencies in terms of capitalization, top NFTs fell in price. The minimum price of BAYC decreased by 20.5%, CryptoPunks - by 15.4%, Mutant Ape Yacht Club - by 23.6%. Tokens #8620 and #5690 from the CruptoPunks series turned out to be the most expensive, paying $342,402 and $305,017 respectively. Unexpectedly, SuberKong VX #8754 broke into the top three, which was purchased for $ 217,781. @Nfts_Opensea_News

Where Most NFT Users Live 👉Non-fungible tokens, or NFTs, gained significant traction among certain East and Southeast Asian countries in 2021, including Thailand, China and Vietnam, according to the Statista Digital Economy Compass 2022. As our chart shows, Thailand took the lead as the country with the highest number of NFT users in the world in 2021, with a total of 5.65 million users🤯 Financial experts, however, warn against over relying on NFTs, as there is little basis for their valuation since they are bought and sold based on speculation and hype. NFTs | OpenSea | News

​​Nearly 75% of US Merchants Plan To Accept Crypto or Stablecoins Within Two Years, According to Deloitte Survey

Most merchants in the United States are laying the groundwork to adopt crypto in the near future, according to a new survey from accounting giant Deloitte. In a new study, Deloitte polled 2,000 senior executives at retail organizations from a variety of industries across the US about topics relating to digital assets.

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Ukraine to Use NFTs to Save Its Cultural ‘DNA’ Amid Russian Invasion Amid the clear and present danger of Russia's military destroying Ukraine's architectural marvels, museums and other cultural sites, Ukraine plans to digitize "every single piece of art or history" it can, announced Michael Chobanian, President of the Blockchain Association of Ukraine, at Consensus 2022 on Saturday. NFTs | OpenSea | News

HTC’s own ‘metaverse phone’ is launching on June 28 HTC has been largely a missing name in the smartphone market as of late, with barely any new devices launching in regions like India where the phonemaker once reigned supreme. However, the company has been known for its developments in the VR (Virtual Reality) segment in recent years. The company is now bringing together its experience in VR and smartphones. The new HTC device will launch on June 28 and is set to be the first metaverse (or to be precise, Vivaverse) phone. This means it will likely leverage VR and AR (Augmented Reality) with a deeper integration with the Viveverse, HTC’s own flavour of the Metaverse concept. NFTs | OpenSea | News

Connect and Create at Samsung 837/NEXT During NFT.NYC Samsung is inviting members of the Web 3.0 community to participate in an entirely new form of self-expression at 837/NEXT during NFT.NYC. To celebrate and cultivate a community of pioneers in this space, we will host daily events at our flagship Samsung 837 location in New York City, as well as in the metaverse at Samsung 837X and on our newly introduced Discord server. From June 20-23, Samsung will provide insight into the future of innovation, sustainability, customization and connectivity with access to emerging technology partners and interactive discussions. We will host panels, podcasts, performances and more throughout the week alongside dozens of exciting partners and special guests to encourage boundary-breaking self-expression and customization. NFTs | OpenSea | News

MoonPay expands project team to assist celebrities in buying NFT The beta version of MoonPay's dedicated concierge service was launched in November 2021, and the company described it as "a seamless approach to buying NFT and cryptocurrency for people and creators of first-class Internet prices." .You can join this service solely by recommendation. Today, the company announced an expanded team - Charlotte Laborde, a former affiliate director at financial institution Normal Chartered, and Justin Johnson, a former Meta employee, who previously ran advertising campaigns in the music world and oversaw partnerships with content creators, have joined. NFTs | OpenSea | News

Naseer Azam has created an NFT collection in honor of Elizabeth II. Naseer Azam, a British artist with Pakistani roots, has unveiled a collection of NFTs featuring the Queen of Great Britain. Azam's series of seven color variations of the monarch's portrait, titled Platinum Queen, is timed to coincide with the 70th anniversary of Elizabeth II's ascension to the throne. NFTs | OpenSea | News