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In a groundbreaking move that’s sending ripples through the world of digital art and NFTs, OpenSea has ushered in a new era with the launch of OpenSea Studio. This platform aims to redefine the way NFT creators bring their masterpieces to the market, bidding adieu to the era of “lazy minting.”
Lazy minting, a term familiar to those immersed in the NFT landscape, referred to the practice of keeping NFT creations off-chain until they found a buyer. However, OpenSea’s recent move marks a decisive shift in this paradigm, asserting that the future of NFTs hinges on creators deploying and minting their works from independent contracts. Read More...
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Former Andreessen-Horowitz executives Nassim Eddequiouaq and Riyaz Faizullabhoy founded Web3 startup Bastion with the express goal of overcoming long-standing barriers faced by businesses entering the industry.
Previously reported, the company successfully completed a recent funding round and plans to offer crypto custody, wallet management and digital asset trading, primarily to corporations. Read More... In a significant move in the gaming industry, Microsoft is reportedly on the brink of finalizing its acquisition of Activision Blizzard, the renowned publisher behind the popular “Call of Duty” series. The deal, valued at a staggering $69 billion, is expected to be completed next week, marking a monumental shift in the gaming landscape.
Read More... This week, Blackbird, a startup building a Web3-powered restaurant loyalty platform, announced it had raised a $24 million Series A funding round led by a16z’s crypto team with participation from Amex Ventures and Bolt by QED, among others.
“Blackbird works very well if you couldn’t possibly care less about the blockchain,” Leventhal said. “That’s crucial because the adoption of blockchain and the passion around the blockchain is rather specific and limited right now. And we need to create magic for all guests, regardless of how they think about tech, or if they think about tech at all.” Read More... Decrypt, the next-generation media company and creative studio, and Theta Labs, the global leader in decentralized video streaming technology, are delighted to announce a groundbreaking partnership. Starting October 6th, this collaboration will optimize Decrypt's existing video workflows through Theta Network’s patented technology, introducing innovative video portal products and unlocking premium content exclusive to GG pass holders on Polygon, Ethereum and Theta.
Read More... Upland, the renowned web3 Metaverse SuperApp, has proudly announced its ongoing collaboration with officially licensed NFL players for the third consecutive year. This partnership, facilitated by OneTeam Partners and the NFL Players Association (NFLPA), introduces exciting new NFLPA Bundle options for fans, including the Mixed Essentials Bundle, Team Essentials Bundle, and Pass Bundles.
Idan Zuckerman, Co-Founder and Co-CEO of Upland, expressed his excitement about the continued partnership, stating, “NFLPA Legits in Upland continue to deliver engaging digital fan experiences, bringing excitement to football fans through digital collectible trading. The fact that two full seasons of NFLPA Legits are now available in NFLPA Fan Shops on the secondary market speaks to the success of these digital collectibles within the Upland community as we enter our third year of partnership with the NFLPA.” Read More... Animoca Brands' subsidiary, The Sandbox, said it has teamed up with Agora to rev up real-time social interaction and engagement while in the metaverse. This deal will allow The Sandbox players to connect with each other in the virtual world but with real-time voice, chat, and video. The gaming platform added this setup will encourage better collaboration among players and creators, making their social experiences better.
"The Sandbox is at heart a social platform, and through this partnership with Agora, we can further enhance our players' ability to connect, collaborate, communicate, and form meaningful communities," The Sandbox chief operating officer and co-founder, Sebastien Borget, said in a press release. "This is an exciting level-up of the social potential for communities on The Sandbox platform that will immediately be apparent to both players and creators, compared to other platforms." Agora's co-founder and CEO, Tony Zhao, added, "Real-time engagement technology is essential for enabling social interactions in the metaverse and we are excited to see how The Sandbox continues to innovate with Agora's products to build deeper connections within communities." Read More... This week, the Children’s Advertising Review Unit (CARU) released its “Metaverse Guardrails” which it says are “intended to be a set of realistic, actionable considerations and best practices” for advertising to children within the metaverse.
The Guardrails follow CARU’s issuance of a compliance warning back in August 2022 (that addressed the applicability of the existing CARU Advertising Guidelines to the metaverse, reminding brands that those Guidelines also apply to advertising in the metaverse and emphasizing certain core CARU principles) and CARU’s development of a Metaverse Working Group. Read More... Jack Daniel’s opened its virtual doors to the public in last September with a metaverse experience using technologies from XR firm Spatial. Fans can leverage Spatial’s XR platform to access the first-ever experience for the beverage firm across smartphones, tablets, PCs, and VR headsets.
Read More... Yuga Labs, the creator of the Bored Ape Yacht Club NFT brand, announced today that it has made a strategic investment in Hadean, a spatial computing startup that is helping bring Yuga’s upcoming Otherside metaverse to life.
With the new funding, Hadean will establish a United States-based team to work alongside Yuga Labs on Otherside, with a focus on “mass concurrency”—that is, the ability to support many players in the same online environment at the same time. Read More... |
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