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This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries […]Powered by WPeMatico
Animoca Brands has announced it will partner with Korean record label Cube Entertainment to build a “K-pop metaverse.”
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The hottest trends in crypto right now are meme coins and metaverse projects. With Facebook’s recent rebrand to Metaverse, many cryptocurrencies are jumping on the trend. Let’s take a look at some of the hottest metaverse projects to watch for in 2022. Note: These projects are not listed in any particular order. #5 Decentraland (MANA) Decentraland is a virtual reality platform built on top of the Ethereum blockchain. MANA is the utility token for Decentraland’s platform that users can use to purchase virtual plots of land. Decentraland has a fully functional metaverse that users can access via their browser. We
The post Top 5 Metaverse Coins With Fully Functional Apps to Watch In 2022 appeared first on The Merkle News.
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Investment bank Morgan Stanley has stated the metaverse is now the next big investment theme, in a note directed to investors Thursday. Strategists from the bank believe this alternate conception of reality is amassing important interest from companies like Meta (formerly Facebook) and Microsoft, which are already trying to grasp the concept. Some of these […]Powered by WPeMatico
After raising $440,000 selling NFTs on Binance, the Hermitage is now curious if NFTs are about the art, or rather just the money.
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Solana’s programmable and secure underlying infrastructure is critical for scalable and shareable dynamic metaverse content, according to OTOY CEO Jules Urbach.
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Nike, the American multinational footwear and sports apparel giant, is getting ready to step into the metaverse and the world of non-fungible token (NFT) technology. Reports show Nike has a few employees “thinking about the metaverse” and a 2019 patent for “cryptokicks” indicates Nike has been preparing to use NFTs for quite some time. Nike’s […]Powered by WPeMatico
Non-fungible token (NFT) assets have seen significant demand since the beginning of 2021 and third quarter statistics show that key indicators have continued to rise. Just recently nonfungible.com published its Q3 2021 NFT Quarterly Report which shows active wallets increased, the number of NFT buyers has risen, and the number of sellers has grown faster […]Powered by WPeMatico
While bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid seven-day gains. The two metaverse tokens sandbox and decentraland have skyrocketed over 170% during the last week. Crypto assets like loopring, crypto.com coin, and arweave have spiked in value more than 66% and up to 169% […]Powered by WPeMatico
Microsoft has announced the launch of a metaverse-inspired feature for its Teams app called Mesh. Mesh will allow users to introduce personalized avatars in digital worlds, making meetings more immersive. The platform is being announced on the heels of Facebook’s pivot to becoming a metaverse-dedicated company, changing its name to “Meta.” Microsoft Embraces the Metaverse […]Powered by WPeMatico