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In December 2021, the CEO of Instagram, Adam Mosseri, discussed how the firm was looking into non-fungible token (NFT) technology during an ask-me-anything (AMA) session. Three months later, at the South by Southwest (SXSW) event in Texas, Meta’s CEO Mark Zuckerberg explained Instagram plans to introduce NFTs in the “near term.” Meta CEO Hints NFT … Read more
Aptos, a new startup created by some of Meta’s former employees involved in the Diem project, has announced it has raised $200 million for its upcoming goal of creating a scalable blockchain system. The investment, conducted in a strategic funding round, involves some well-known VC names, including Tiger Global, Katie Haun, Multicoin Capital, 3 Arrows … Read more
“Since departing Meta (formerly Facebook) we have been able to put our ideas into motion, ditch bureaucratic red tape, and build an entirely new network,” Aptos stated. Go to Source Powered by WPeMatico
Mainstream designers are debuting NFT collections in the Metaverse this year, demonstrating the future of fashion. Go to Source Powered by WPeMatico
With the rising popularity of the Metaverse, the digital fashion industry turns into a global empire, involving both the major luxury brands and retail consumers. Go to Source Powered by WPeMatico
“Just making sh*t up” — Neal Stevenson’s science fiction novel, Snow Crash, long foretold the rise of a techno-marketing dystopia. Go to Source Powered by WPeMatico
Horizon Worlds, one of the flagship metaverse apps that Meta has released, has reached a monthly userbase of 300K users on its platform. Meta’s executives announced this milestone in a virtual all-hands update last week. The company also announced recently that more than 10,000 worlds had been created on its platform, a sign of the … Read more
Blockchain’s interoperability may be the key to both the macroeconomics of metaverse games and what keeps them fun. Go to Source Powered by WPeMatico
The internet content subscription service Onlyfans has announced the launch of a feature that leverages non-fungible token (NFT) technology. The newly-added feature, introduced on Thursday, gives Onlyfans members the ability to display authenticated NFTs as their profile pictures. Onlyfans Steps Into the Realm of NFTs The London-based content subscription service Onlyfans is well known for … Read more
As the Crypto Open Patent Alliance continues to onboard a growing list of high-profile clients, some experts believe the organization can truly transform the industry. Go to Source Powered by WPeMatico