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⚡️ Mocaverse and CyberConnect Unleash the Power of Web3 in Membership NFT Collection Mocaverse, a prominent membership NFT collection, has exciting news today! Significantly, they are teaming up with CyberConnect, a decentralized social network, in a strategic partnership. This collaboration aims to leverage CyberConnect’s scalable cross-chain infrastructure and social network protocol. Ultimately, they aim to enhance the Mocaverse Web3 Membership Program. Let’s take a closer look. Animoca Brands, the creators of the Mocaverse membership NFT collection, has announced an exciting partnership with CyberConnect. This strategic collaboration will use CyberConnect’s scalable technology to boost the Mocaverse Web3 Membership Program. Firslty, let’s take a look at Mocaverse. The vibrant PFP membership NFT collection within the Animoca Brands ecosystem is on a mission to foster collaboration, connection, and growth in the Web3 world. With 8,888 unique NFTs called Mocas, Mocaverse provides a platform for creators and enthusiasts alike. Notably, it aims to empower Mocaverse NFT holders to build their Web3 social reputation. BLOCKCHAIN / METAVERSE / TRADING

🖼 Fantom and Dogecoin holders rush to secure free NFT during Avorak AI ICO The world of NFTs is growing daily, with apparel brands joining the field to secure a significant market share in the Web3 ecology. Fantom and Dogecoin holders have showcased massive interests in non-fungible tokens (NFTs) offered in the ecosystem of an emerging AI-powered technology, Avorak AI. Fantom is classified as a decentralized smart contracting platform that offers an alternative to Ethereum. Dogecoin is a cryptocurrency designed and developed in December 2013. The project was launched as a meme coin offering peer-to-peer and open-source transactions. The Meme coin has attracted a massive cult-like following of crypto enthusiasts, speculators, and public figures. In fact, Tesla and SpaceX Founder Elon Musk has openly endorsed the project on Twitter. For the longest time, Fantom has pitched itself as a faster network than its competitors. Fantom’s FTM price history indicated the token started selling for $0.017 and has moved on a roller coaster. DOGE has also been in a frenzy with Elon Musk changing the Twitter Logo to Dogecoin’s logo. BLOCKCHAIN / METAVERSE / TRADING

📣 Immutable and MetaStudio Announce Partnership to Enhance the Gaming Metaverse MetaStudio, a renowned Portuguese game studio, has announced a new partnership with Immutable, a leading Ethereum Layer 2 scaling solution provider, aimed at transforming the gaming metaverse. MetaStudio has been recognized for its innovative games and games-as-a-service offerings, along with their unique non-fungible token (NFT), Rune Realms, which offers holders a chance to partake in a 10% revenue share in the studio’s earnings. By integrating with Immutable’s Layer 2 blockchain infrastructure, MetaStudio can provide players with a dynamic gaming experience and unique benefits such as zero gas fees for peer-to-peer trading and secure ownership of in-game assets. This partnership comes at a time when interest in the metaverse is increasing rapidly. As a collective virtual shared space created by the convergence of virtually enhanced physical and digitally created reality, the metaverse offers significant opportunities for innovative gaming experiences. The partnership between Immutable and MetaStudio is expected to contribute significantly to this evolution. BLOCKCHAIN / METAVERSE / TRADING

⚡️ Metaverse in Healthcare Market is Expected to Reach $79.6 billion The concept of the metaverse, a virtual reality space where individuals can interact with each other and digital content, is poised to make significant strides in the healthcare industry in the near future. The metaverse has the potential to revolutionize healthcare delivery by offering immersive and personalized experiences for patients, providers, and researchers. In the metaverse, healthcare professionals can conduct virtual consultations, perform medical procedures in a simulated environment. Metaverse in Healthcare market in terms of revenue was estimated to be worth $9.5 billion in 2023 and is poised to reach $79.6 billion by 2028, growing at a CAGR of 52.9% from 2023 to 2028 according to a latest report published by MarketsandMarkets™. The factors driving market growth include increasing demand for telehealthcare services, and shift towards patient-centric healthcare delivery. However, the lack of data security and concerns regarding data theft and healthcare fraud, and authenticity and reliability issues are challenging the market growth during the forecast period. Based on product & service, the software segment accounted for the largest share of 70.9% of the metaverse in healthcare market. BLOCKCHAIN / METAVERSE / TRADING

⚡️ OIST hosts French-Japanese Seminar on Metaverse and Virtual Reality Okinawa Institute of Science and Technology (OIST) welcomed participants of the French-Japanese Seminar on “Metaverse and Virtual Reality – The Science and Technology of Interacting with Digital Worlds”. The Seminar was the brainchild of Dr. Anatole Lécuyer, Research Director at Inria, France’s National Institute for Research in Digital Science, who came to OIST in March 2023 as a guest of TSVP, OIST’s Theoretical Sciences Visiting Program. Its goal was to gather experts from Japan and France working on a wide range of areas in science and technologies needed to build the Metaverse, to exchange ideas and build collaborations. “Virtual reality has always been a multi-disciplinary subject,” said Dr. Lécuyer. “It’s too big a challenge to face alone”. The seminar was hosted by TSVP, with funding provided by the French Embassy in Japan, and was co-organized by Dr. Shunichi Kasahara of Sony Computer Science Laboratories, who recently joined OIST as a Visiting Researcher. “We can imagine having new technologies, abilities or new bodies, but how do we subjectively feel it as self?” Dr. Kasahara asked. Participants in the seminar were welcomed by OIST’s Dean of Research. BLOCKCHAIN / METAVERSE / TRADING

📣 Tech Mahindra Partners With EarthID To Create Blueprint For Self-Sovereign Identity (SSI) Powered Metaverse Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, has recently announced a strategic partnership with EarthID, the Decentralized Identity Management platform that allows secure and frictionless exchange and verification of identity information. The partnership will co-create a blueprint for a Self-Sovereign Identity (SSI) powered Metaverse platform that will provide users control over their data. SSI-powered Metaverse will empower enterprises to mitigate security concerns related to stolen identities and sensitive data, which may lead to huge legal and financial losses. Together, Tech Mahindra and EarthID will create industry-leading solutions to prevent identity theft, optimize costs, and advance sustainability by facilitating secure, frictionless transmission and verification of identities. On this partnership Rajesh Dhuddu, Global Business Head, Emerging Technology Practice, Tech Mahindra, said, "In the early days of the internet, when the Safe Code of Practice for online interactions was not formed, naive internet users shared Personally Identifiable Information (PII) without restriction. BLOCKCHAIN / METAVERSE / TRADING

📣 Influencer served settlement demand via NFT following $7M token presale A nonfungible token (NFT) influencer has been served with a settlement demand via an NFT — which casually dropped the “F-bomb” several times — alleging that the influencer engaged in wire fraud “at a minimum” on a recent $7 million token presale. On May 20, Mike Kanovitz, a partner at law firm Loevy & Loevy, stated in a tweet that a settlement demand letter had been served as an NFT to the wallet address associated with the influencer known as Ben.eth, whose real identity remains undisclosed. Ben.eth “used a manipulative launch strategy” for the Psyop (PSYOP) token, which raised $7 million in its initial presale over 72 hours. The concerns revolved around how the liquidity pools (LP) were structured and how the tokens “trickled out” after the presale. Shortly after the letter was published on Twitter, Ben.eth tweeted that 50% of the tokens had been sent out and “the rest will be sent in short order.” “At a minimum, you would be guilty of wire fraud, which is a predicate act for racketeering and the basis for a treble damages award against you ($7 million becomes $21 million),” the letter stated. he warned of a potentially “painful” process for Ben.eth if the letter is not complied with. BLOCKCHAIN / METAVERSE / TRADING

🖼 NFT Artist and Collector OSF: 'NFTs Are Just a Medium' London’s House of Fine Art (HOFA) gallery is one of the pioneers of the crypto art scene, being one of the first venues to showcase NFT artworks in a physical space back in 2021. Back then, it took a somewhat conservative approach, focusing on prints of CryptoPunks alongside physical sculptures and NFT-adjacent work. This time around, its "Beyond the Screen" exhibition is dialing up the digital element, with vibrant screens displaying eye-popping animated work by the likes of XCOPY. NFTs are “just a medium,” said NFT artist and collector Ovie Faruq, aka OSF, who showed Decrypt around the space. “It's just like, do I have my painting on an oil canvas, or do I have a photograph? Or do I have a screen displaying some digital art? It's just a canvas; it's just a mechanism to transact,” he added. Ultimately, he argued, “people will start buying NFTs without knowing they're NFTs. And that's the sort of thing that will get us over this, like, stigma that's attached to it.” OSF’s own contribution to the exhibition, “Super Fan,” inadvertently predicted the current PEPE-led memecoin market frenzy. The digital artwork, which OSF drew “two or three months ago,” features a “kind of loner character” who’s obsessed with Pepe the Frog, and surrounded by market charts showing green and red candles. BLOCKCHAIN / METAVERSE / TRADING

🖼 FIRST RGB-POWERED NFT MARKETPLACE LAUNCHES AT BITCOIN 2023 DIBA, the first Bitcoin NFT marketplace utilizing RGB smart contracts, has officially launched on mainnet. According to a press release sent to Bitcoin Magazine, the platform also introduces BitMask, an exclusive Bitcoin-only wallet capable of storing unique digital assets (UDAs) such as music and art. The UDAs will be hosted on high availability storage and cloud services provided by Hut 8, a publicly traded bitcoin miner in North America. DIBA aims to bring Bitcoin utility to the masses by enabling the exchange of UDAs on a decentralized and censorship-resistant network. Notable bitcoin investors, including Tim Draper of Draper Associates and Bill Tai of ACTAI Unicorn Fund, support the venture. Gideon Nweze, founder and CEO of DIBA, expressed his excitement about the launch, stating, "This marks a major milestone in the transition of the internet onto Bitcoin." Tim Draper also commended DIBA's innovative approach, emphasizing the potential of NFTs on Bitcoin. He said, "What Gideon and the team at DIBA have built is a testament to the potential NFTs on Bitcoin hold in capturing the creative and sovereign spirit of this next generation." BLOCKCHAIN / METAVERSE / TRADING

🖼 'In Hindsight the Metaverse Will Be Obvious and Inevitable' Says Affyn CEO Lucaz Lee Despite the many obstacles that currently make mainstream adoption seem impossible, the metaverse will eventually “mature when gateways that form the access point for entering the myriads of metaverses come onstream,” Lucaz Lee, CEO of Affyn, has said. Lee suggested that when this point is reached, entering and exiting the metaverse will be as easy “as ordering dinner from a takeaway app.” Lee also said he believes augmented reality (AR), rather than virtual reality, will play a key role in the metaverse. The boss of Affyn, a play-and-earn metaverse, said this is because AR is capable of being “seamlessly integrated into the apps we use every day.” All of this will happen with users being none the wiser. The CEO also offered his thoughts on why the play-to-earn (P2E) model has not lived up to the hype and what he sees as the more sustainable Web3 gaming model. He also explained to Bitcoin.com News why he still believes in the metaverse despite the many false starts he has seen so far. Nevertheless, the core elements that make the metaverse so immersive are not the technology it’s built upon, but rather the communities that coalesce around it. Just as newsgroups united people with shared interests in the early days of the internet. BLOCKCHAIN / METAVERSE / TRADING