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The past year has seen Non Fungible Tokens, NFTs, grow from just a few mentions in the blockchain world to mainstream media. The concept of NFTs has brought about several changes and opportunities for the blockchain community. One of these is the artist industry. You might have heard cases whereby there are copyright issues or … Read more
The global cryptocurrency market is nearing its two-year low, currently valued at $856 billion. Bitcoin and Ethereum continue to struggle with bearish momentum as most crypto assets significantly decline. The upside to the current bear market is the fact that it now makes for an excellent opportunity to purchase undervalued projects that could see substantial … Read more
E-commerce giant Ebay has filed two trademark applications covering a wide range of products and services relating to the metaverse and non-fungible tokens (NFTs). Ebay’s NFT, Metaverse Trademark Applications Ebay Inc. (Nasdaq: EBAY) filed two trademark applications with the United States Patent and Trademark Office (USPTO) last week covering a wide range of products and … Read more
STRAX price bucked the market-wide bearish downtrend by rallying 200% after the team unveiled plans for a British pound stablecoin and a new metaverse. Go to Source Powered by WPeMatico
“Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report. Go to Source Powered by WPeMatico
As we’ve already pointed out in our previous Top 5 AI & Big Data Tokens by Market Capitalization In June 2022, Artificial Intelligence (AI) is the advanced analytics and information streamlining the underpinning of the field of computer science. It is estimated that by 2025, the worldwide AI market will be worth $390.9 billion. Many … Read more
A technology known as Virtual Reality (VR) is used to generate an immersive artificial world that can resemble or surpass reality. There are many applications for virtual reality, including those in entertainment, business, education, and training. A system that merges the real and virtual worlds and enables exact 3D registration of virtual and real objects … Read more
The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services. Go to Source Powered by WPeMatico
Cryptoys, an NFT-based startup, announced it has raised $23 million in a Series A funding round led by a16z. The company, which seeks to mix NFTs with the world of gaming and virtual toys, will create what it calls a “cryptoyverse,” in which it will also implement play-to-earn features and issue its own tokens. Cryptoys … Read more
Jones believes the established firms need to focus on community engagement first before jumping on a trend like NFTs. Go to Source Powered by WPeMatico
