On the heels of South Korea’s big vision of becoming the fifth-largest metaverse market in the world by 2026, many of its cities are now seeking a presence in the virtual world. The industrial city of Changwon is now the latest addition to South Korea’s growing list of
Christie’s is one of the leading auction houses to embrace NFTs early, selling a piece of digital art from Beeple for $69 million in March 2021. Following a series of successful high-priced NFT sales, the 256-year-old fine art auction house is now delving deeper into the Web3 space. On
OpenSea has expanded its list of supported blockchains to include Ethereum layer-2 scaling solution Optimism. The leading NFT marketplace will now display several NFT collections based on Optimism, including popular projects like Apetimism, Bored Town, MotorHeadz, and OptiChads on its platform. The latest addition brings the number of blockchains supported
Months after becoming the laughing stock of the NFT community, the once-hyped Pixelmon project is attempting a comeback. In February 2022, Pixelmon raised $70 million from the sale of around 8,000 NFTs. The team promised to deliver a Pokémon-esque experience, a claim that gave gamers all over Web3 reasons
Months after filing patents for NFT-related products, Walmart may finally be ready to pull the trigger on its metaverse plans. The megastore has tapped on Roblox to premiere two metaverse experiences in the first phase of its metaverse exploration. According to Walmart's marketing chief William White, the two
AC Milan has inked a partnership deal with MonkeyLeague. As part of the deal, the Solana-based Web3 football game will become the Serie A club's new NFT gaming partner. The Italian soccer giants announced the partnership over the weekend, stating that MonkeyLeague will create exclusive club-branded wearables and
Apple’s decision to apply its customary 30% commission on in-app NFT purchases has irked many developers, with some arguing that the move is both unreasonable and not feasible. According to a Friday report by Aidan Ryan at The Information, Apple would now allow NFTs to be bought and sold
Metaverse
Months after patenting the tech for a metaverse-themed park, Walt Disney may be ready to delve fully into the Web3 space. Over the weekend, the company quietly posted a job listing for an experienced corporate attorney who is familiar with emerging technologies such as “NFTs, blockchain, metaverse and decentralized finance.
Metaverse
London-based web3 startup Hadean has raised over $30 million in a Series A round backed by Fortnite developer Epic Games. Founded in 20215, Hadean is on a mission to create the infrastructure to support developments in the metaverse. The company is creating spatial and scalable computing for web 3.0
Leading NFT marketplace OpenSea has implemented a new protocol that calculates the rarity of digital collectibles within its platform. Dubbed OpenRarity, the project is the brainchild of collaborative efforts between several players in the NFT space, including OpenSea, Proof, Curio, and icy.tools. OpenSea announced the implementation in a Wednesday
NFT News
In what could be described as a first, a real estate developer recently purchased a real-life office building in New York City as an NFT. Located at 44 West 37th Street, the 4,700 square meter NFT building was acquired by real estate development firm Azul NYC earlier this month.
Vulcan Forged, an NFT-based gaming studio, has raised $8 million in a Series A funding round led by Anthony Scaramucci’s SkyBridge Capital. As per announcements, SkyBridge was given the option to invest an additional $33 million in the blockchain game developer and incubator. The new capital injection will be
NFT News
You might be in for an NFT treat next time you visit a Universal Studios theme park. The leading film studio and theme park has partnered with crypto payment service provider MoonPay to launch an NFT-based scavenger hunt at theme parks in California and Florida. From October 31, visitors will
Metaverse
Korea Communications Commission, South Korea’s media regulation agency, is in talks with Meta on how to improve user safety in the metaverse. According to local news outlets, the media regulator held a meeting with Andy O’Connell, VP of Product Policy & Strategy at Meta Platforms, to discuss ways
NFT News
Okay Bears, one of Solana’s top NFT collections, has inked a deal with global management firm IMG. The duo will be working together to launch consumer products and experiences. As part of the partnership, IMG will become the exclusive global licensing representative for Okay Bears, a 10,000-sized collection
On Monday, leading NFT marketplace OpenSea announced that it had upgraded the minting process on its platform with a new immersive drop experience. According to an official blog post, NFT creators can now launch their artworks within exclusive drop pages that will provide greater discoverability. Collectors will also be able