WeChat, China’s Biggest Messaging App, Suspends NFT Accounts
WeChat, Tencent’s social messaging app, has suspended some accounts linked to so-called non-fungible tokens (NFTs) and clarified the rules surrounding them. Essentially, NFTs are digital art tokens, which have become extremely popular with some achieving multimillion-dollar prices. They are usually based on an Ethereum blockchain platform, which is paid for in cryptocurrency. China, on the […]
On Avalanche Blockchain Grimes Is Releasing A Intergalactic Children’s Metaverse Book
“Intergalactic Children’s Metaverse Book” by Canadian singer Grimes will be released on the Avalanche blockchain. In a virtual announcement last Friday at Avalanche Summit in Barcelona, Grimes announced that the $100 million initiative is the result of a partnership between OP3N and the Avalanche Foundation. “When I first got into Web 3, this was the […]
McLaren And Infinite World Team Up For NFT Collection
McLaren has joined forces with Infinite World in order to enter the metaverse. McLaren has partnered with Infinite World to launch a series of non-fungible tokens (NFT) based on the company’s premium cars. Using NFT and the Metaverse framework, Infinite World helps brands create a virtual environment in which to engage with customers and broaden […]
Vitalik Buterin Co-founder Of Ethereum Is The Cover Of First-Ever NFT Issue Of ‘TIME Magazine’
TIME Magazine chooses Vitalik Buterin for the cover of its first-ever fully decentralized magazine. The Ethereum co-founder is arguably the most influential crypto personality today. With a trillion-dollar ecosystem rivaling that of Visa in terms of transaction volume, Ether, Ethereum’s native currency, is currently the second biggest cryptocurrency behind Bitcoin. The Ethereum blockchain is setting […]
$SAND The Sandbox Metaverse Token Jumps 8% Thanks to HSBC, Paris Hilton Deal
It is becoming more and more popular for big brands to explore the hype-driven metaverse in the Sandbox. Now, HSBC, Europe’s second-largest bank, and American megastar Paris Hilton, who is now a crypto enthusiast, are getting involved in The Sandbox With HSBC’s new partnership with The Sandbox platform, the bank has purchased a virtual plot […]
AmEx Metaverse – American Express Files Trademark Applications For NFT and Metaverse
One of the world’s largest payment processors, American Express Company, has expressed interest in the metaverse and non-fungible token technologies. A letter from USPTO-licensed trademark attorney Michael Kondoudis indicates that American Express filed trademark applications relevant to NFT and metaverse applications on March 9. In the seven trademarks (serial numbers: 97302767, 97302817, 97302865, 97302893, 97302955, […]
Tom Brady Unveils ‘BRADY’ His Namesake Apparel Brand
To complement his endeavors off the field, Tom Brady has now launched the ‘BRADY’ brand after previously launching TB12. In his more than two decades in the NFL, Tom Brady has already won seven Super Bowls, and he shows no signs of slowing down. Brady’s Tampa Bay Buccaneers (13-4) travel to Philadelphia this Sunday in […]
Blockchain Metaverse Marketplace Lootex Raises $9m
In an announcement today, Lootex announced it had raised $9 million to build a metaverse marketplace allowing game players to trade and buy items across multiple blockchains. Spartan Capital, Infinity Ventures Crypto, LD Capital and Akatsuki led the round. Other participants included Polygon Studio, HTC, Huobi Ventures, and Morningstar Ventures, among others. In statements from […]
Taiwanese Pop Star Jay Chou Launched NFT Phanta Bears Sold Out in 40 Minutes
The Taiwanese pop icon Jay Chou backed firm has released a non-fungible token (NFT) project that features virtual avatars called “Phanta Bears”. The company joins an expanding list of celebrities and sports stars testing the technology that verifies ownership of unique digital assets. On New Year’s Day, Chou’s PHANTACi fashion brand launched a collection of […]
Ferrari Team Up With Blockchain Firm Velas To Create Digital Products For Ferrari Fans
On Monday, Ferrari announced it had signed a multi-year agreement with Swiss technology company Velas Network to create digital content for its fans. Next season, Velas, a service and product provider to the digital industry, will partner with Ferrari. “In addition, Velas will be Title Sponsor of the Ferrari Esports Series, the online mono-brand series […]