News from the world of finance, cryptocurrency, NFTs, Metaverse and blockchain.
The metaverse concept is quickly gaining traction as more and more people see its potential. For those new to the term, the Metaverse is a virtual world created by the amalgamation of multiple virtual reality systems. In 2023, experts expect…
NFTs (Non-Fungible-Tokens) have been around for a while. Unfortunately, while many NFT creators create these digital assets for the good of the public and to make money, some people are out there trying to defraud unsuspecting NFT enthusiasts. Distinguishing a…
According to a new report from CCS Insight, the sale of Metaverse gear, virtual reality, and augmented reality devices has fallen significantly, quoting a 12% decrease in sales. This data is a massive problem for technology companies that have invested…
The Metaverse is a digital world where individuals can interact and share experiences in real-time. The innovation has seen increased popularity in all sectors within a decade. It started in the movie industry before flourishing in other businesses. Moreover, there…
According to recent reports, UnityMeta Token is making waves in the cryptocurrency industry with its open-source, decentralized platform and proof of stake consensus mechanism. The token was explicitly designed to prioritize scalability and decentralization, which allows for complete privacy for…
RACA & Lifeform Partnership Lifeform, a company that provides tools for creating 3D avatars, and various technologies related to digital self-sovereignty, secure contracts, and software development kits, has partnered up with RACA (USM.WORLD), a decentralized ecosystem that deals with trading…
Solana-based non-fungible tokens y00ts and DeGods are leaving the platform. The NFT projects confirmed they will switch to Polygon and Ethereum in Q1 2023. They are the top-ranking Solana-based collections on OpenSea. y00ts and DeGods confirmed (in separate statements) plans…
The United States Federal Election Commission announces the use of non-fungible tokens (NFTs) by DataVault Holdings for fundraising activities. American politicians can currently use NFTs for political fundraising. DataVault holding has access to distribute NFTs to political programs adhering to…
The concept of a metaverse, where people can explore and experience limitless possibilities through a digital version of themselves, is exciting. But first, we must establish guidelines and standards to ensure that this digital realm remains a positive and enjoyable…
The Potential Future of Metaverse There is an ongoing debate about the potential Metaverse benefits, a virtual reality world that seamlessly blends with the fleshly world. Some view it as an inevitable part of the future, while others remain skeptical…