💎 NFT's & Metaverse Updates💎

🇨🇭 The Swiss Metaverse Association Calls For Regulation Of The Metaverse The metaverse has far-reaching potential, but it is often eclipsed by blockchain, cryptocurrency, and artificial intelligence (AI) projects. Nevertheless, its gradually growing ecosystem is an inevitability in further bridging real and virtual worlds. Recognizing the thriving niche, it became one of the key topics at the recent London Blockchain Conference. During the event, the Swiss Metaverse Association presented its Regulatory Position Paper titled “Creating Certainty for the Metaverse.” Source 💎 NFT's & Metaverse Updates 💎

🖼 Magic Eden NFT Volumes Top Bitcoin, Ethereum, and Solana Networks Non-fungible token (NFT) marketplace, Magic Eden has recorded an uptick in trading volumes across Ethereum, Bitcoin, and Solana networks in the last 24 hours. This boost comes as decentralized finance (DeFi) activities surge following increased market sentiments. Magic Eden notched volumes increasing its market share. Magic Eden has surpassed NFT marketplace Blur on Ethereum. The platform’s market share surged to 41.39% outpacing Blur at 38.84%. Source 💎 NFT's & Metaverse Updates 💎

🔫 Readyverse Studios Unveils Cutting-Edge Metaverse Experience Readyverse Studios offered attendees an exclusive preview of its long-anticipated metaverse, a next-generation digital experience. Readyverse is an innovative and immersive launcher designed for discovering metaverse games and experiences, seamlessly integrating Web3 and Artificial Intelligence-Generated Content (AIGC) technologies. This platform enables users, developers, and brands to create interconnected experiences, drawing inspiration from the world depicted in Ernest Cline’s novel, “Ready Player One.” . Source 💎 NFT's & Metaverse Updates 💎

❕ Blending Gaming and Charity in The Sandbox Metaverse The Sandbox, a prominent decentralized gaming virtual world and subsidiary of Animoca Brands, has joined forces with Food Angel, a Hong Kong-based charity, to launch the Food Rescue World gaming experience within The Sandbox metaverse. This groundbreaking partnership, announced on May 31, 2024, marks Food Angel as the first social enterprise or non-governmental organization (NGO) in Hong Kong to venture into The Sandbox. Source 💎 NFT's & Metaverse Updates 💎

🖼 Animoca Brands Japan launches its NFT launchpad ‘SORAH’ The NFT launchpad, called SORAH by Animoca Brands Japan, is slated to launch in the summer of 2024, according to Animoca Brands Japan, a strategic subsidiary of Animoca Brands. SORAH by Animoca Brands Japan will serve as an NFT launchpad platform that facilitates the sale of NFTs to support projects and creators. A selection of selected NFT projects will be included, which will receive full support for marketing initiatives and sales options. Source 💎 NFT's & Metaverse Updates 💎

🖼 STR8FIRE Genesis NFTs Make Their Debut, Sell Out in Seconds STR8FIRE, an IP and entertainment startup backed by Shima Capital, reached a significant milestone with its debut NFT collection, Genesis NFTs, selling out within seconds on OpenSea and Blur. Amid challenging market conditions, STR8FIRE’s successful launch of their Genesis NFT collection stood out, demonstrating the project’s strong appeal. Source 💎 NFT's & Metaverse Updates 💎

🖼 Crypto Unicorns Airdrop to Treat Its NFT Gamers Post-Halt Keeping gamers in mind during its migration from Polygon to Xai, Crypto Unicorns—an Ethereum-based game infused with NFTs—has announced plans for a play-to-airdrop campaign scheduled to launch next month. Amidst the chain-switch, Crypto Unicorns pauses gameplay until its eagerly anticipated return “in a month”—aligning with its upcoming play-to-airdrop initiative, promising an exciting resurgence afterward. Source 💎 NFT's & Metaverse Updates 💎

🇺🇸 U.S. Treasury Highlights Risks of NFTs for Illicit Finance The Treasury breaks down various threats pinned on the NFT sector in their assessment, noting the possibilities of scams, fraud, and theft. These include unique digital assets that are immutable tokens recorded on blockchains and whose use in multiple sectors extends to using them as proof of ownership of tangible commodities, virtual commodities, and even voting rights. NFTs remain vulnerable to various crimes due to the freedom afforded by decentralized applications. Source 💎 NFT's & Metaverse Updates 💎

🖼 Fireflies Set to Launch 12-Month Streak NFT Reward Program Fireflies, a leader in digital collectibles, is set to unveil its 12-Month Streak NFT Reward Program in Q3 2024. This innovative program is designed to honor the loyalty and engagement of Fireflies community members, offering exclusive NFTs and unique rewards to participants who maintain consistent interaction with the platform for a year. Source 💎 NFT's & Metaverse Updates 💎

🖼 Cosmos Enters NFT Market with Stargaze Cosmos is set to enter the interchain NFT market with Stargaze, a new addition to its ecosystem. Stargaze is a decentralized application chain developed on the Cosmos SDK with a primary focus on NFTs. Its purpose is to facilitate the expansion of the interchain economy through an easy-to-use NFT marketplace. This platform benefits all creators, traders, and developers by implementing on-chain royalties and zero gas fees for minting and trading; extra rewards from protocol fees for stakers. Source 💎 NFT's & Metaverse Updates 💎