Metaverse News

NFTs and Metaverse: The Intersection of Art, Technology, and Virtual Reality

Non-Fungible Tokens (NFTs) have taken the art world by storm, creating a new frontier for artists, collectors, and investors alike. But NFTs are not just limited to digital art, they are also making waves in the virtual reality (VR) space, giving rise to the concept of the Metaverse. In this blog post, we’ll explore the […]

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NFTs go mainstream

In recent months, Non-Fungible Tokens (NFTs) have become one of the hottest topics in the art and entertainment industries. These digital assets have been making headlines due to their high sale prices and their potential to revolutionize the way that artists and creators monetize their work. NFTs are unique digital assets that are stored on

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The impact of decentralized finance (DeFi) on traditional banking

The Disruptive Impact of DeFi on Traditional Banking: Challenges, Opportunities, and Future Outlook Decentralized Finance (DeFi) has emerged as a groundbreaking force in the world of finance, offering a decentralized and permissionless alternative to traditional banking systems. Built on blockchain technology, DeFi protocols enable users to access financial services without intermediaries, providing greater financial inclusivity,

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The Revolution of Non-Fungible Tokens (NFTs) in the Art Market

Non-Fungible Tokens (NFTs) have taken the art world by storm, revolutionizing the way digital art is bought, sold, and owned. NFTs are unique digital assets that represent ownership of a digital file, whether it’s art, music, videos, or other digital creations. NFTs are built on blockchain technology, providing artists and collectors with a decentralized and

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Web3 Applications Will Increasingly Be Built on Custom Blockchains, Says Ankr’s Head of Product

As blockchain developers compete for traffic and resources for their respective dapps (decentralized applications), the downside to this, according to some in the industry, can be a poor user experience which in turn undermines the mass adoption cause. Therefore, unless current blockchains — both Layers 1 and 2 — can overcome niggling issues like high

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NFT Sales This Week Jumped 27% Higher, Cryptopunks Rise Above Bored Apes

On Dec. 14, 2022, statistics show that non-fungible token (NFT) sales jumped 27.72% higher than NFT sales recorded last week. The Bored Ape Yacht Club (BAYC) NFT collection captured the most sales this week but on Wednesday afternoon, the floor value tied to Cryptopunks once again jumped above the floor value associated with the BAYC

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Russian Social Media Giant Vkontakte Launches NFT Service

Russia’s largest social network, Vkontakte, has launched a feature allowing users to upload digital collectibles to the platform. Account holders will also be able to buy and sell them in the future as the company intends to establish a marketplace for non-fungible tokens. Vkontakte Users to Showcase Their NFTs, Set Them as Avatars The leading

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Gensokishi is going live to Sell Genso Metaverse Land in December

Cryptocurrencies and games have established a relationship recently. Game developers have begun offering video games with in-game currencies and NFTs. But there are numerous games out there, and choosing the best is always a pain. Let us introduce you to Gensokishi Online; the platform has over ten years of experience in the gaming realm. Gensokishi

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Axie Infinity Leads to Metaverse and NFT Token Rally as Trade Volumes Surge

Metaverse and NFT-focused cryptocurrencies, including Axie Infinity (AXS),Flow (FLOW), Apecoin (APE), and Sandbox (SAND), have posted significant gains over the past 24 hours. Play-to-earn (P2E) gaming platform Axie Infinity’s AXS governance token soared 25.6% in the last 24 hours, making it the largest gainer among the top 100 cryptocurrencies. AXS trades at around $8.54 and is the 46th-largest cryptocurrency boasting a market capitalization

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