-
Is gaming the future of NFTs?
Considering these numbers, it is not difficult to imagine that the future of NFTs could be linked to gaming. Web3 games redefine ownership and control of gaming assets. Unlike their “traditional” counterparts, Web3 gaming assets can be minted as NFTs and freely transferred or sold on NFT marketplaces, unlocking new revenue streams. These games offer players a…
-
Chalhoub Group to release first NFT collection “SOL3MATES OG NFTs”
SOL3MATES, Chalhoub Group’s web3-native sneaker brand, revealed its first NFT collection “SOL3MATES OG NFTs.” Only 10,000 NFTs will be available at 0.03 ETH ($55) on May 4 for a limited time only. Purchasers of the collection become members of the SOL3MATES community and receive exclusive membership benefits such as early access to future collections, preferred…
-
The global Metaverse industry is expected to grow by 44.8% in 2023
The Metaverse industry is expected to grow steadily over the forecast period, recording a CAGR of 33.5% during 2023-2030. The Metaverse Spend Value in the country will increase from US $141.8 billion in 2022 to reach US $1,549.5 billion by 2030. The global Metaverse industry is expected to grow by 44.8% on an annual basis…
-
The switch from Web2 to Web3 will evolve the way businesses interact with customers
The move from Web2 to Web3 will be an evolution rather than a revolution. There’s no one switch that gets flipped, said Byron Sorrells, CEO and co-founder of Dispatch, a commerce and engagement startup incubated within IEX Group, Inc. that helps brands build Web3-enabled marketing and communication experiences. “A lot of people think there has…
-
Starbucks launched its 2nd NFT collection
Starbucks is launching its second NFT collection on Wednesday. The coffee chain will drop the First Store Collection on April 19 featuring 5,000 NFT stamp collectibles. This launch comes on the heels of a successful first NFT drop last month, which saw the company sell out 2,000 NFTs in minutes. The 5,000 NFT stamps will be sold…
-
The UK’s new department will advance the Metaverse and Web3 within the country
The U.K.’s newly formed Department of Science, Innovation, and Technology will advance the country’s metaverse and Web3 strategy, an individual familiar with the matter not authorized to speak publicly told CoinDesk. The country’s 2023 Spring Budget, released in March, said the government wanted to “lead on the future of web technology, sometimes known as Web3 or the…
-
The Saudis NFT Collection was showcased last year and sold out within hours
Another week, another hit collection of pricy non-fungible tokens (NFTs). The latest star? A project called The Saudis. The collection of 5,555 NFTs, whose artwork is a derivative of the famed CryptoPunks collectibles, was free to mint on July 9 and sold out within hours. The project’s floor price (which is the price of the cheapest edition currently…
-
Ticketmaster launches token-gated tickets
Building on its NFT capabilities, Ticketmaster has launched the ability for artists to offer token-gated ticket sales – meaning that a sale can only be unlocked or accessed with a specific NFT. This feature allows artists to reward holders of specific NFTs with access to everything from special presales and prime seats to exclusive concert…
-
Argentinian airline will issue e-tickets at NFTs
Argentinian low-cost airline Flybondi is integrating Web3 into its ticketing process by issuing e-tickets as non-fungible tokens (NFT). The new integration announced Thursday is called Ticket 3.0 and is an expansion of its existing relationship with NFT ticketing company TravelX, which launched in September 2022. The NFT ticketing technology, built on the Algorand blockchain, allows passengers to change their name, transfer, or sell…
-
Aéropostale will launch virtual shopping in the Metaverse
The clothing brand Aéropostale has partnered with MetaversePlus to bring the online shopping and gaming experience to the Metaverse. The first phase, set to launch on March 23, will focus on AeroPax. AeroPax is a collection of one-of-a-kind NFTs, which will build community and give members exclusive perks, including access to limited-edition apparel and VIP promotions. In celebration…
About
Lorem ipsum dolor sit amet, consec tetur adipiscing elit. Maecenas odio lacus, dignissim sollicitudin finibus commodo, rhoncus et ante.
Recent Post
- AI can be used to detect the risk of developing multiple diseases
- How the healthcare sector can benefit from the Metaverse
- The sports industry can benefit from the emerging metaverse space
- Deutsche Bank aims to enter the metaverse and engage with customers virtually
- The UAE is launching Arabic AI software