Yuga labs, the company that now owns the three biggest NFT collections - The Bored Ape Yacht Club, CryptoPunks, and Meebits, has raised $450 million as part of their campaign to create an NFT metaverse. The announcement about their impressive funding efforts was given today by Yuga labs themselves, [...]
NFTs have been connected to everything, from the real estate market to quirky memes across the internet, but nobody thought they would be based on DNA one day. Diverse is a one-of-a-kind project that aspires to connect the DNA of real people into unique artwork. The collection is launched [...]
To change the art world requires you to revolutionize how people perceive and experience art. Masaccio did it in 1425 when the one-point perspective was introduced, and Louis-Jacques-Mande Daguerre did it in 1839 when his invention pioneered photography. Many crypto enthusiasts claim that Beeple's $69 million collections of digital [...]
The Insurance Broker in question is IMA Financial Group, a wealth management firm. They have implemented blockchain technology into their operations by investing in a Research and Development project in Decentraland. Decentraland is a 3D virtual world where users can craft unique avatars to explore the world with and [...]
NFTs have taken over the world with everybody, from ordinary folk to celebrities, engaging in the marketplace for those assets with a unique artistic value. Although NFTs are seen as artistically pleasing or exciting in the way they spark discussion, many NFT enthusiasts can't say the same for the [...]
McDonald's is preparing to make a move towards the metaverse. The company has filed ten trademark applications to build a "virtual restaurant featuring actual and virtual goods." The trademarks include virtual food and beverages and "downloadable multimedia files containing artwork, text, audio and video files and non-fungible tokens." The [...]
Non-fungible tokens are everywhere, and there is no sign that they will be going away. The move towards using NFTs seems inevitable, even in unconventional fields such as car making and real estate. Another sign of this fusion comes from the combined efforts of The Sandbox metaverse platform and [...]
Second Life, a multi-player role-playing video game that is regarded as the first incarnation of the metaverse, was created nearly two decades ago. At its peak in 2007, the game, which allows users to create avatars and live a second life in its virtual world, had 1.1 million monthly [...]
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