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Desi partners with AI lifestyle metaverse platform

A
robotic humanoid musician has joined forces with an AI lifestyle metaverse platform to create a virtual entertainment experience for fans. Desi, the robotic humanoid musician, and LightCycle have come together to help revolutionise how music stars and artists connect with fans in the virtual realm.
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China’s Trademark Office Grants Approval for NFT and Virtual Asset Trademarks

China
’s Trademark Office approves NFT and virtual asset marks, highlighting recognition of their importance. China’s recognition of the growing importance of virtual assets, the Chinese Trademark Office has recently approved several marks related to NFTs and metaverse goods and services.
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PayPal applies for NFT marketplace patent for on- or off-chain asset trading

PayPal
made major progress toward creating its own blockchain ecosystem by filing a patent application for a nonfungible token (NFT) purchase and transfer system. The application, filed in March and published Sept. 21, describes a means of carrying out transactions with NFTs, both on- and off-chain.
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UK banks ditch the Metaverse

The
number of UK banks investing in technologies such as virtual reality and augmented reality is falling as the Metaverse hype fades away. Financial services firms scrambled to pursue the Metaverse in the wake of Facebook's 2021 rebranding as Meta.
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Costa Rica Uses NFTs to Fund Coffee Research

A
new partnership between the Tropical Agricultural Research and Higher Education Centre (CATIE) and the Specialty Coffee Association of Costa Rica (SCACR) will help launch an NFT collection that is inspired by 12 of CATIE’s coffee varietals to help fund coffee conservation and research.
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Clay Nation launches Cardano-Polygon NFT bridge in The Sandbox

The new bridge, launched in partnership with Hong Kong-based metaverse firm The Sandbox, enables Clay Nation holders to use their Cardano-based NFTs as avatars in The Sandbox game on Polygon, while still keeping the NFTs on Cardano.
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LayerZero and Magic Eden Join Forces to Boost NFT Industry

According
to a release shared with BSC News, LayerZero has teamed up with leading NFT marketplace, Magic Eden, to provide the platform with enhanced interoperability capabilities. Following the integration, Magic Eden users will be able to create and mint β€˜Omnichain Non-Fungible Tokens (ONFTs) which can be bought and sold across any and all of Magic Eden’s supported networks.
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Metaverse In Automotive to Reach $27.18 billion, Globally, by 2032 at 29.9% CAGR: Allied Market Research

Allied
Market Research published a report, titled, "Metaverse in Automotive Market by product (Hardware, Software), Technology (Virtual Reality, Augmented Reality, Mixed Reality), and Application (Simulation, Testing and Designing, Advertising, Online Car Purchasing): Global Opportunity Analysis and Industry Forecast, 2022-2032".
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OKX Partners with Digital Art Fair to Launch Limited-Edition NFT for VIP Ticket Holders in Hong Kong

OKX, a leading global Web3 technology company, today announced the launch of a limited-edition NFT, called 'Digital Art Fair NFT POAP,' available to VIP ticket holders of the Digital Art Fair's Asia Edition 2023 in Hong Kong.
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OKX NFT Marketplace Now Supports Polygon zkEVM

The OKX NFT Marketplace, a multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces, now supports the Polygon zkEVM. This integration enables the seamless exploration, management and trading of Polygon zkEVM NFTs with zero fees. To learn more about this integration, click here.
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September Marks the Worst Month in NFT History

The third quarter of 2023 has been challenging for the non-fungible tokens (NFTs) market, with sales hitting their lowest point since the last quarter of 2020. September alone recorded a dismal sales figure of around $300 million. This downturn is primarily attributed to a significant drop in average sales prices and floor prices of popular collections.
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'Sensorium Galaxy': EDM icon Carl Cox on his upcoming debut DJ set in the metaverse

The
legendary British electronic music icon, Carl Cox, will treat fans worldwide on Friday to a mesmerising 30-minute DJ set as part of a free show called "Intermundium." "I truly understood what was possible when I first saw my avatar and literally did a double-take! I thought, 'This is now a reality - or should I say virtual reality?'," explains Cox, whose signature sound is deeply rooted in acid house and techno.
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Steve Aoki Launches Exclusive Digital Sneakers as NFTs on Stepn’s Move-to-Earn Platform

Steve
Aoki and Stepn collaborate to release a limited series of NFT digital sneakers. Image by GulyaevStudio, Adobe Stock.
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Bugatti and adidas reveal exclusive X crazyfast football boots in limited edition NFT release on Web 3 platform

Bugatti
and adidas have formed an extraordinary collaboration, merging the worlds of high-performance sports cars and cutting-edge sportswear to create a limited edition marvel: the adidas X Crazyfast Bugatti football boots. These boots, designed with an unwavering focus on speed and innovation, are set to mesmerize sports enthusiasts and collectors alike.
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Global Mofy Metaverse Limited Announces Exercise of the Underwriter’s Over-Allotment Option

Global
Mofy Metaverse Limited (the "Company" or β€œGlobal Mofy Metaverse”) (NASDAQ: GMM), a technology solutions provider engaged in virtual content production, digital marketing, and digital assets development for the metaverse industry, today announced that Prime Number Capital LLC, as underwriter of the Company’s initial public offering (β€œIPO”), has exercised the over-allotment option to purchase an additional 40,000 Ordinary Shares at the IPO price of $5.00 per share.
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Dairy Queen opens NFT pop-up store in China

Dairy
Queen is partnering with local nonfungible token project Weirdo Ghost Gang (WGG) to create a pop-up NFT store in Chengdu, China. According to a press release seen by Cointelegraph, the β€œIce and Snow Season” themed pop-up store is scheduled to run from Nov. 15 to Dec. 31 and will feature a variety of co-branded merchandise, such as a Dairy Queen-WGG themed ice cream.
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Van Gogh NFTs sell for millions as tokens moon again

Data
from on-chain aggregator CryptoSlam.io shows that a non-fungible token (NFT) rendition of a painting by Van Gogh has changed hands for $1.3 million. The transaction comes only a day after another Van Gogh-inspired NFT sold for $1.27 million.
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πŸ–Ό Magic Eden Launches Cross-Chain NFT and Crypto Wallet for Bitcoin, Ethereum, Solana, and Polygon

Magic
Eden sees a crypto future that spans multiple blockchainsβ€”and is launching its crypto wallet browser extension in closed beta to support that aim, the firm behind the NFT marketplace announced Monday.
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Bitcoin is Beating Ethereum to Stupor in NFT Sales

Bitcoin is showing that it has other functions other than being the apex cryptocurrency. So, there was a recent massive surge in the number of NFT sales on the BTC blockchain.
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ParaSpace to continue NFT lending as it rebrands to Parallel Finance

Despite
rebranding to Parallel Finance for a greater focus on the decentralized finance (DeFi) ecosystem, the nonfungible token (NFT) lending protocol ParaSpace will continue to focus on its core product amid sector woes.
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NFT trading volume nears $1B as markets turn bullish: Report

As
crypto markets turn bullish, nonfungible token (NFT) trading has started to join the wave, with volume nearing $1 billion in November, according to data published by the decentralized app tracking platform DappRadar.
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