🇪🇺 EU Needs “Airbus for the Metaverse” to Dominate Metaverse

Analysts at the London School of Economics and Political Science (LSE) recently raised an argument that the European Union should form a new company to lead the way in developing new virtual reality world “metaverse.” They compare the idea to Airbus, the big airplane company made up of businesses from different European countries.

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🖼 Gangster All Star Launches NFT Collection On ADOT Platform

Gangster All Star’s NFT collection, featuring 7,777 distinct gangster characters inspired by Japanese anime, is the result of a collaboration between the manga brand and VUCA Digital, a virtual solutions provider for cryptocurrency, NFTs, Web3, and the metaverse. The partnership seeks to develop Gangster All Star’s intellectual property (IP) and transform it into a globally recognized manga brand.

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🖼 Mastercard drops exclusive, personalized Music Pass NFT as it kicks off Season 2 of its Artist Accelerator

Today, Mastercard unveils its limited-edition Mastercard Music Pass for music fans around the world, commencing the second season of its tech- and talent-driven Artist Accelerator program with an incredible roster of emerging artists. The personalized Music Pass allows collectors and fans to unlock a cutting-edge AI music studio, behind-the-scenes content, and the chance to access concert tickets to live shows later this year.

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🖼 Moonbirds NFT Sales Jump 227%, Defy Copyright Criticisms

Under Yuga Labs’ leadership, the recently unveiled ‘Moonbirds Universe‘ has boosted NFT sales by over 227%. Yet, it has also stirred controversy by moving the project’s artworks away from the Creative Commons Zero (CC0) copyright policy. In 2022, Moonbirds—owned by PROOF Collective at the time—surprised holders by adopting the CC0 code, placing its digital artworks in the public domain, thus allowing them to be freely commercialized without the owner’s consent.

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🔫 Metaverse In E-commerce Market Is Gaining Huge Growth In Upcoming Years

The METAVERSE IN E-COMMERCE Market 2024 Report makes available the current and future technical and financial analysis of the industry. It is one of the most comprehensive and important additions to the USD Analytics archive of market research studies. It offers detailed research and analysis of key aspects of the global METAVERSE IN E-COMMERCE market.

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🖼 ‘Blur on Blast’ Allocates 2M Token Rewards for NFT Traders

The NFT marketplace Blur—renowned for its innovative approach to cross-chain NFT transactions—has unveiled its latest breakthrough: ‘Blur on Blast’. Through this new initiative, users can leverage the platform to trade Blast NFTs while seamlessly switching between chains, enhancing accessibility and liquidity for NFT enthusiasts. When users deposit into their Blur Pool on Blast, they will earn Blast Points, with the native yield from the pool allocated for future creator and trader giveaways.

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🖼 Judge Allows for ‘MetaBirkin’ NFTs to Be Exhibited in Stockholm Museum

Reversing course on a decision that was made in March, a U.S. district judge in the Southern District of New York has ruled that the MetaBirkin NFTs can be displayed in a museum exhibition in Stockholm this fall. Last year, Hermès won its trademark infringement case against the artist, whose given name is Sonny Estival, for his “MetaBirkin” NFTs that are colorful faux-fur Birkin bag-inspired nonfungible tokens.

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🖼 Crypto Trading Volume and NFT Sales Drop Over 30% in April

In April, the crypto and the non-fungible token (NFT) market witnessed significant declines, signaling a cooling period for digital asset transactions. As trading activities dwindled, key players and Crypto platforms faced marked declines in transaction metrics. This shift indicates a recalibration of crypto market dynamics, reflecting investor caution and a reevaluation of asset values. Binance, the largest player in the field, accounted for 43.7% of this volume, translating to approximately $699.25 billion.

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🖼 Bored Ape Yacht Club NFTs sold for millions in 2021—prices have dropped 90% since then

Yuga Labs, the creator of the viral Bored Ape Yacht Club non-fungible tokens, announced a new round of layoffs on Friday as the NFT frenzy appears to cool. Greg Solano, YugaLab’s CEO, announced that the startup would lay off an unspecified number of employees as it undergoes “restructuring.”. “To put it simply: Yuga lost its way,” he wrote in a statement posted on X. “Getting ourselves centered and on the right path means being a smaller more agile and cryptonative team.”.

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🖼 Moonbirds Soar as Yuga Labs Looks to Restore NFT Holders’ IP Rights

Once-popular NFT collection Moonbirds is attempting to revive its protracted decline by adopting a new art direction, ending its Creative Commons (CC0) copyright licensing, and leaning into Yuga Labs’ metaverse dubbed Otherside. The news sent Moonbirds soaring. The collection's floor price spiked from 0.57 ETH ($1,800) to 0.74 ETH ($2,350) amid a flurry of activity following the announcement, with 317 sales in the past 24 hours.

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🖼 Whale Ethereum Sells 500 NFT Moonbirds

NFT (non-fungible token) is increasingly becoming a hot topic of conversation among crypto users and digital artists. Recently, a large wallet address located on the Ethereum network, known as "Ethereum whale address", made a surprising decision. The wallet address sold 500 NFT collection of Moonbirds, which has cost up to 32 percent of its investments. This massive sale has shocked the crypto world, especially NFT collectors and traders.

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🖼 Luxury watch brand Patek Philippe unveils debut NFT

Luxury watchmaking brand Patek Philippe has unveiled its first-ever NFT from the brand showcasing a rare and discontinued ‘Nautilus’ timepiece. The watch will be embodied in an NFT by a private owner in the Middle East and will be auctioned off using the ‘SM-ART platform’ this month. According to the company, the timepiece has created a “once-in-a-lifetime opportunity for members of the public to take ownership and invest in a piece of history” in the form of ‘The Nautilus 5711/1A-010‘ – a rare watch no longer in production.

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🖼 NFT Gaming Protocol Aavegotchi Aims to Increase Engagement With Upgrade

Aavegotchi is an “open-source, community-owned NFT gaming protocol,” as stated on its homepage, where users can interact with the Aavegotchi metaverse and stake their non-fungible tokens with Aave’s interest-generating aTokens. Aavegotchis, the on-chain collectible NFT ghosts, have three attributes – collateral stake, traits and wearables – that dictate their value and rarity.

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🔫 University of Miami Builds an Educational Metaverse with ENGAGE

ENGAGE is a SaaS Enterprise advanced spatial computing platform that allows professionals, event organisers, educators, and businesses to create their own virtual worlds. Now, the ENGAGE XR platform is being used throughout the university to assist in teaching and training students across 40 different courses. Medical students at the Bascom Palmer Eye Institute, for example, are leveraging ENGAGE’s application to understand how slit lamps are used in eye examinations.

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🖼 Web3 Social Hub UXLINK to Airdrop NFTs to 500K Top Users

The well-established web3 social hub, UXLINK, with its impressive user base exceeding 5 million, is gearing up to introduce novel NFTs in the form of airdrop vouchers. These ‘IN UXLINK WE TRUST’ NFTs are distinct and set to benefit 50,000 of the social hub’s most interactive users. All NFT holders will receive perks like future UXLINK tokens and NFT airdrops, community governance roles, and priority access to related projects.

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🖼 zbyte and Doha Design District Launches NFT Ticketing for TEFFA

zbyte has partnered with Doha Design District to introduce an NFT-based ticketing system for the TEFFA AI Revolution event. The event will take place in Msheireb Downtown Doha from May 6 to May 8 and marks a new application of blockchain technology in Qatar’s event industry as Doha Design District adopts zbyte’s platform to mint NFT tickets for TEFFA AI Revolution. This allows each ticket to be uniquely identifiable and secure while serving as digital collectibles, offering a new experience for attendees.

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🖼 Heroes of Mavia Debut Ruby Marketplace for In-Game NFT Trades

Skrice Studios has geared up the Ruby Marketplace within its popular free-to-play blockchain game, Heroes of Mavia, available on iOS and Android platforms. The Ruby Marketplace offers a user-friendly interface akin to popular NFT platforms like OpenSea and Blur. Players can easily view floor prices, place bids, and track price history—differently, exclusively in the game’s native currency, $RUBY.

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🖼 Trump to dine with NFT buyers on day off from court

Former President Trump is scheduled to spend part of his day off from court today at a Mar-a-Lago dinner with supporters who spent thousands of dollars for Trump "Mugshot Edition" NFTs, Axios has learned. Trump frequently complains that his criminal trial in New York is keeping him from campaigning in swing states — but he also prioritizes using his name and likeness to make money.

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🖼 Coin98 Integrates Zora Network for Seamless NFT Management in Web3

In a significant move towards enriching the user experience in the rapidly expanding Web3 space, Coin98 has announced the integration of Zora Network into its latest offerings. Zora Network, a Layer 2 scaling solution built on Ethereum, promises to revolutionize the landscape of blockchain technology, particularly in the realm of non-fungible tokens (NFTs).

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