Prizefighter, a movie starring Russell Crowe, is making its debut. The interesting part is that the biopic was partially funded by the sales of non-fungible tokens (NFTs). According to a report by Yahoo News, the British-American film tells the story of legendary bare-knuckle boxer Jim Belcher. It was partially funded
The Federal Trade Commission (FTC) has filed an injunction to prevent social media giant Meta from buying VR studio “Within,” best known for its subscription VR workout app Supernatural. The FTC insists that Meta is “already a key player at each level of the virtual reality sector” with Oculus Quest,
Following the initial success of its first NFT collection, the Dubai Police is gearing up for a second collection. The law enforcement agency announced that it would launch the next collection at the 2022 edition of The Gulf Information Technology Expo (GITEX). Dubai Police became the first government entity in
Ethereum lead developer Tim Beiko has announced the final details for the network’s last dress rehearsal ahead of the final testing phase of the Merge. The latest proof-of-stake testnet transition will be on the Goerli testnet. According to the July 27 announcement, Prater, the Goerli version of the Beacon
2021 was undoubtedly the year of NFTs, with the likes of Beeple bringing the spotlight to the industry after selling a collection of digital art pieces for $69.3 million. Throughout the summer of 2021, global interest in NFTs was at its peak. However, a year later and trading volume
Damien Hirst’s “The Currency NFT” burn ended yesterday. The initiative gave holders the choice to either keep their digital collectibles or burn the NFTs in exchange for a corresponding original artwork from the artist. The result shows that slightly more owners were interested in receiving the art in physical
NFT News
On Wednesday, nonfungible token (NFT) domains platform Unstoppable Domains raised $65 million in a Series A funding round that valued the company at $1 billion. The round was led by Pantera Capital, with participation from others like Alchemy Ventures, Broadhaven, CoinDCX, CoinGecko, Mayfield, Polygon, and several others. According to the
Press Releases
Reminiscent of the Wild West, the current crypto market is replete with dishonest, non-transparent projects with shady dealings. As more projects are launched and released into the booming space, it becomes a tad bit challenging for users to find suitable, reliable projects with a brilliant and revolutionary team keen on
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Real estate investment is one of the most profitable investment options globally. The ability to buy properties for a lower price and sell, lease, or rent them for profits, is considered one of the top ten investment choices. While this is an endearing career path, there is a huge problem.
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Composable Finance recently held its inaugural Unchained Conference in Berlin, Germany. The conference gathered DeFi's brightest minds to discuss interoperability and had Composable officially unveil its cross-chain virtual machine (XCVM). Unchained’s flagship keynote consisted of a deep dive and live demo of the XCVM, which represents the
In a bid to explain the metaverse concept to everyday folks, Meta has launched a new video series called “Are we there yet?” American actress and TV personality Keke Palmer will feature as the host of the “metaverse 101” show, which has been described as part Bill Nye the Science
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With the bear market actively wreaking havoc every day, one crypto has defied all sentiment, securing $200m during its private sale from high net worth investors worldwide, making it perhaps the biggest success of 2022. Evidently seen as a safe haven by many top players, Islamic Coin has managed this
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As one of the most valuable trends in the blockchain space, gamefi has experienced a massive surge in value and interest globally. However, there are still a few hurdles that pose a threat to the growth of this budding space. Since the launch of blockchain-based games and metaverses, most developers
Days after showing signs of recovery, it appears the bears have once again taken hold of the crypto market. Bitcoin and other top cryptocurrencies are currently posting losses, erasing the gains from a week ago. As reported by BTC PEERS, Bitcoin recorded an impressive 23.55% increase in the week
According to a report from global market research firm Technavio, the market for real estate in the metaverse is expected to grow by $5.37 billion between 2021 and 2026. Technavio, in its report, predicts that the market will increase at a compound annual growth rate of 61.74 percent
Metaverse
To address the shortage of skilled Japanese personnel active in the tech industry, the University of Tokyo is looking to offer a range of study programs in the metaverse before the end of the year. According to a report published by a local news outlet on Saturday, the courses will