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France hints at rapid development in metaverse sector

France
has thrown its hat in the ring for metaverse development following the launch of a public consultation to guide its future activities in the sector. The country’s Directorate General for Enterprise announced the start of the metaverse consultation on April 11, which it says will give companies, associations, research fellows, and ordinary citizens a chance to play a role.
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Marvel Studios Founder Announced The Release Of NFT Collection

According
to CoinDesk, Mythos Studios, an intellectual property (IP) entertainment firm formed by David Maisel, the founding chairman of Marvel Studios, has announced the release of the Ekos Genesis Art Collection, which is currently available in a virtual gallery at ekos.io. The auction will run 88 minutes and celebrates the 15th anniversary of the theatrical premiere of “Iron Man,” the first picture in the Marvel Cinematic Universe, for producer Louis D’Esposito.
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BitNile Metaverse Obtains $5.5M in Secured Debt Financing

BitNile
Metaverse, Inc. (Nasdaq: BNMV) (“BitNile” or the “Company”) announced today that it sold $6.875 million of principal face amount senior secured convertible notes with an original issue discount (the “Notes”) to sophisticated investors, for gross proceeds to the Company of $5.5 million (the “Financing”).
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Alchemy Ventures Backs $4M Round for NFT Platform Vibe

Vibe
, a new non-fungible token (NFT)-to-product platform that provides tools to help creatives customize and manage the tokens, has raised a $4 million seed round. San Francisco-based Vibe aims to increase the value of NFTs beyond their scarcity and implement or increase the utility of the token.
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Elon Musk Tweets Miladys NFT Meme—Price Predictably Pumps

Milady
Maker NFTs have pumped in price today following a tweet from Twitter owner and CEO Elon Musk, who shared a meme showing one of the anime-style Ethereum NFT profile pictures (PFPs). The image reads "There is no meme. I love you." It has already been viewed more than 4 million times in less than an hour, and yielded tens of thousands of interactions.
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Assassin’s Creed NFT Smart Collectibles Hit the Market

Ubisoft
— the powerhouse publisher behind hit game franchises Just Dance and Far Cry — is making considerable moves in the Web3 world. This time, joining hands with Reality Labs to mint limited-edition NFT ‘Assassin’s Creed Smart Collectibles’ on the Polygon network, with the public sale starting on May 16.
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Immutable and MetaStudio Announce Partnership to Enhance the Gaming Metaverse

MetaStudio, a renowned Portuguese game studio, has announced a new partnership with Immutable, a leading Ethereum Layer 2 scaling solution provider, aimed at transforming the gaming metaverse. MetaStudio has been recognized for its innovative games and games-as-a-service offerings, along with their unique non-fungible token (NFT), Rune Realms, which offers holders a chance to partake in a 10% revenue share in the studio’s earnings.
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Crypto Critic Now Finds Himself Supporting NFTs Minted On Bitcoin

Peter
Schiff, a well-known economist and investor, now supports blockchain technology and non-fungible tokens (NFTs). Considering his previous stance on digital assets, mainly Bitcoin, Schiff unexpectedly turned to Twitter on May 27 to express his enthusiasm for a planned art endeavor.
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Alchemy Pay teams up with Mastercard for ‘NFT Checkout’

Alchemy
Pay has partnered with Mastercard to bring “NFT Checkout” – a direct payment method for digital artwork. The company intends the integration to improve accessibility to the NFT market, revolutionizing how users interact with digital artwork.
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Metaverse Beauty Week is around the corner

Online
virtual worlds such as Decentraland, Spatial and Roblox are coming together to host Metaverse Beauty Week next week. Taking place from June 12 to June 17, this inaugural event promises to be a celebration of beauty and creativity in the metaverse.
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Decentraland And Polygon Join Hands To Host An NFT Music Festival In The Metaverse

Decentraland
, the popular 3D virtual world on-chain browser-based platform, has partnered with Polygon Labs, the team behind an Ethereum scaling solution network, to host their annual non-fungible token music festival in the metaverse. In a June 16 site publication, Polygon Labs, a digital asset incubation studio, confirmed ready plans to host its annual music festival this Saturday.
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Drest raises more funding to develop metaverse-enabled version 2.0

Drest
’s youthful core users want to be entertained and challenged while also getting their fashion fix. So the company is preparing to roll out globally a “highly improved, metaverse-enabled version of its current product, which will include a series of new features, with the aim to become the leading creative platform for fashion, entertainment and lifestyle gamification,” we’re told.
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Bitcoin Ordinals keep Ethereum NFTs on their heels with BRC-69

Bitcoin
Ordinals, which represent the NFTs created on the Bitcoin [BTC] network, seems to be closing in on their Ethereum [ETH] counterparts in terms of dominance. By looking at CryptoSlam’s data, Bitcoin NFT sales have grown by 8301% in the last 24 hours.
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zkSync Launched New NFT Project, Airdrop To 10,000 Early NFT Users

zkSync
, a prominent layer-2 scaling solution for Ethereum, has made a significant announcement. The platform has officially launched LIBERTAS OMNIBUS, an experimental NFT project that seeks to explore novel NFT standards and network superpowers and introduce new protocol features.
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‘Smart Wallet’ Provider Argent Launches NFT Marketplace Unframed on Starknet

Web3
wallet provider Argent has launched Unframed, a new NFT marketplace built on the speedy layer-2 solution Starknet. The partnership between Starknet–which is designed to address high transaction fees and slow processing times on Ethereum–and Argent is aimed at bridging the digital collectibles space and blockchain gaming.
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Solana-Based NFT Marketplace Exchange.art to Expand Into Ethereum

Exchange.art, the popular Solana-based digital art marketplace, is soon taking its platform multichain and integrating support for Ethereum. According to data from analytics platform CryptoSlam!, Ethereum's non-fungible token (NFT) trading volume takes first place at $10.2 million in the past 24 hours, while Solana trails behind in second place with just over $920,000.
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ParaSpace Boosts New Support For NFT Lending With zkSync Integration

ParaSpace
, the decentralized NFT lending protocol, has exciting news for its users. The platform has announced the upcoming launch of the zkSync network, a move aimed at further enhancing its capabilities and user experience.
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Ethereum NFT Royalties Cross The 699,816 ETH Mark

The world of Non-Fungible Tokens (NFTs) has taken the crypto market by storm, with eye-catching sales and high-profile celebrity purchases making headlines. However, there is another critical aspect of the NFT ecosystem that has been steadily gaining momentum and shaping the future of this revolutionary space: royalties.
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Nokia, partners stage 5G-powered metaverse demo

Nokia
, in collaboration with TPG Telecom and MediaTek, today showcased a ground-breaking live 360-degree video broadcast on the future of the Metaverse, enabled by Nokia 's state-of-the-art 5G Uplink Carrier Aggregation (CA) technology, TPG Telecom's commercial 5G network and MediaTek 's 5G mobile chipset technology.
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Changing Fundraising with Polkadot: TeddyDaoNFT’s Web3 Charity NFT Initiative

Last
month, Lucky Friday Labs, a Web3 software developer, introduced an innovative philanthropic initiative named the Teddy DAO Foundation. This initiative revolves around an on-chain NFT collection named Teddy DAO, developed in collaboration with the renowned online fundraising platform JustGiving and MoonbeamNetwork, which employs Polkadot’s proof-of-stake consensus mechanism.
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Sol Network Record $1.3 Million NFT Sales in 24 Hours

The Solana season is upon us as the blockchain records some mad sales volume in the past 24 hours and the seven-day sales. Apparently, more traders are participating in the network and making more sales.
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