What about DeFi?
Decentralized finance is abbreviated as DeFi (pronounced DEE-fye). It's an umbrella phrase for the part of the crypto world that's focused on creating a new, internet-native financial system by replacing existing intermediaries and trust mechanisms with blockchains.
According to DeFi Pulse, DeFi's total value locked, or TVL - a common means of calculating the value of crypto held in DeFi projects - is presently over $77 billion. If DeFi were a bank, it would be the 38th largest bank in the United States in terms of deposits.
TVL isn't the only means to track DeFi's progress. You may also check into decentralized exchange trading activity, which has increased by triple digit percentages in the last year.
In conclusion, DeFi is cheaper (fewer fees), more efficient (faster transaction times), and more transparent (less possibility for corruption) than the old financial system because it substitutes human middlemen and trust mechanisms with public blockchains and open-source software.
Regulators are striving to make the Wild West of crypto a bit less wild, and the prospect that DeFi may become large enough to pose a systemic concern isn't lost on them.
Decentralized finance is abbreviated as DeFi (pronounced DEE-fye). It's an umbrella phrase for the part of the crypto world that's focused on creating a new, internet-native financial system by replacing existing intermediaries and trust mechanisms with blockchains.
According to DeFi Pulse, DeFi's total value locked, or TVL - a common means of calculating the value of crypto held in DeFi projects - is presently over $77 billion. If DeFi were a bank, it would be the 38th largest bank in the United States in terms of deposits.
TVL isn't the only means to track DeFi's progress. You may also check into decentralized exchange trading activity, which has increased by triple digit percentages in the last year.
In conclusion, DeFi is cheaper (fewer fees), more efficient (faster transaction times), and more transparent (less possibility for corruption) than the old financial system because it substitutes human middlemen and trust mechanisms with public blockchains and open-source software.
Regulators are striving to make the Wild West of crypto a bit less wild, and the prospect that DeFi may become large enough to pose a systemic concern isn't lost on them.
Something special
MetaX was created with many features to differentiate itself from its competitors, but its greatest strength lies in its specialization in the meta domain. By specializing in the meta domain, it is easier to attract investors who understand the value of the business rather than those who are just speculating in the hope of temporary price movements. Another attractive feature is that companies specializing in the meta domain are more likely to go public, providing an opportunity for users to enter the market.
MetaX was created with many features to differentiate itself from its competitors, but its greatest strength lies in its specialization in the meta domain. By specializing in the meta domain, it is easier to attract investors who understand the value of the business rather than those who are just speculating in the hope of temporary price movements. Another attractive feature is that companies specializing in the meta domain are more likely to go public, providing an opportunity for users to enter the market.
Changes in fashion can happen due to influence of metaverse
London-based designer Scarlett Yang created a dress that looks like glass and can dissapear in water, also it can change its texture because of temperature and weather😯
📝Yang was among the designers who recently participated in the first Metaverse Fashion Week.
Yang began by experimenting with virtual designs and then made a physical garment but she also has it in digital format.
🎙“I’m super passionate about combining these elements of science, digital tech, and visual fashion,” Yang says.
London-based designer Scarlett Yang created a dress that looks like glass and can dissapear in water, also it can change its texture because of temperature and weather😯
📝Yang was among the designers who recently participated in the first Metaverse Fashion Week.
Yang began by experimenting with virtual designs and then made a physical garment but she also has it in digital format.
🎙“I’m super passionate about combining these elements of science, digital tech, and visual fashion,” Yang says.
Meta is going to test metaverse monetisation tools
👨🏻💻Facebook owner Meta Platforms is testing new features allowing creators to make money by selling digital assets and experiences within its virtual reality (VR) platform Horizon Worlds.
The monetisation tools will initially be available to a handpicked set of users who are creating virtual classes, games and fashion accessories within the platform, the company said on Monday🌐
👨🏻💻Facebook owner Meta Platforms is testing new features allowing creators to make money by selling digital assets and experiences within its virtual reality (VR) platform Horizon Worlds.
The monetisation tools will initially be available to a handpicked set of users who are creating virtual classes, games and fashion accessories within the platform, the company said on Monday🌐
Increased adoption of Metaverse NFTs will power the next NFT growth cycle
💠Metaverses and blue-chip nonfungible tokens (NFTs) are the driving forces behind the dramatic growth in the NFT market. Projects like the Bored Apes, Crypto Punks, Azuki, Clone X and Doodles collections have steadily attracted collectors' interest in the past year.
As a result, these NFT projects have helped the NFT market achieve a growth rate of over 20,000% and a sales volume of approximately $17 billion📊
💠Metaverses and blue-chip nonfungible tokens (NFTs) are the driving forces behind the dramatic growth in the NFT market. Projects like the Bored Apes, Crypto Punks, Azuki, Clone X and Doodles collections have steadily attracted collectors' interest in the past year.
As a result, these NFT projects have helped the NFT market achieve a growth rate of over 20,000% and a sales volume of approximately $17 billion📊
According to their words, it will contain 100,595 land plots. Land unlocking will take place in several stages as long as categories such as Silver Fur, Golden Tail, Platinum Paw and Diamond Teeth are available. Their price varies from 0.2 ETH to 1 ETH.
Landowners will be able to rename their plot using and burning Shiba Inu tokens.
The sale of virtual land plots will take place for Ethereum so as not to put pressure on the exchange rate of the "mem" token📈
🏞Some lands will remain blocked, as they will be used to travel around the metaverse.
Landowners will be able to rename their plot using and burning Shiba Inu tokens.
The sale of virtual land plots will take place for Ethereum so as not to put pressure on the exchange rate of the "mem" token📈
🏞Some lands will remain blocked, as they will be used to travel around the metaverse.
Epic Games received $2 billion from Sony and LEGO to develop a metaverse
On April 7, Epic Games and LEGO announced long-term cooperation aimed at creating a safe virtual space for children - the children's metaverse🪁
What the new "children's metaverse" will look like, when the format becomes available and on which platforms it is expected to be launched, remains unknown🤐
On April 7, Epic Games and LEGO announced long-term cooperation aimed at creating a safe virtual space for children - the children's metaverse🪁
What the new "children's metaverse" will look like, when the format becomes available and on which platforms it is expected to be launched, remains unknown🤐
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Nike presented its first virtual sneakers, developed jointly with the company's own 3D studio - RTFKT Studios. The novelty, visually similar to the Dunk model, was called Cryptokicks, reported by Vogue Business.
The pair is available only to owners of Mnlth NFT tokens - "digital shoe boxes", which the company previously sent to the owners of Clone-X avatars created jointly with Japanese artist Takashi Murakami🧑🏼🎨
Benois Pagotto, co-founder of RTFKT studio said, in the future users and partners of the company will have the opportunity to create and change colors on their own🎨
The pair is available only to owners of Mnlth NFT tokens - "digital shoe boxes", which the company previously sent to the owners of Clone-X avatars created jointly with Japanese artist Takashi Murakami🧑🏼🎨
Benois Pagotto, co-founder of RTFKT studio said, in the future users and partners of the company will have the opportunity to create and change colors on their own🎨
Meta-Store will open at the beginning of May. It will be located in California next to the Meta Reality Labs - research center, where products related to the metaverse are developed.
In the store, customers will be able to test and purchase three Meta* products related to the metaverse: a Portal video chat device, Ray-Ban Stories smart glasses and a Meta Quest* VR headset👨🏻💻
All these actions are part of Meta's desire to accustom consumers to the very idea of the metaverse. To show the seriousness of their intentions towards this business🌐
In the store, customers will be able to test and purchase three Meta* products related to the metaverse: a Portal video chat device, Ray-Ban Stories smart glasses and a Meta Quest* VR headset👨🏻💻
All these actions are part of Meta's desire to accustom consumers to the very idea of the metaverse. To show the seriousness of their intentions towards this business🌐
Previously, Shiba Inu accepted only ETH💰
Owners of SHIB tokens of the Shiba Inu ecosystem can now buy virtual plots in the metaverse SHIB: The Metaverse. Previously, users had to use LEASH tokens on the Ethereum blockchain to buy a virtual site in the metaverse (Shiba Inu also works on Ethereum)🐕
The cost of plots is still calculated through Ethereum. According to the project developer, a total of 100,595 sites are planned to be implemented🏠
Owners of SHIB tokens of the Shiba Inu ecosystem can now buy virtual plots in the metaverse SHIB: The Metaverse. Previously, users had to use LEASH tokens on the Ethereum blockchain to buy a virtual site in the metaverse (Shiba Inu also works on Ethereum)🐕
The cost of plots is still calculated through Ethereum. According to the project developer, a total of 100,595 sites are planned to be implemented🏠
💥MetaX is listed Apecoin and GMT Stepn coin!
Apecoin is a trending coin nowadays. Trading in the new coin is supported by top centralized and decentralized sites and MetaX isn’t an exception⚡️
GMT, Green Metaverse Token, is the governance coin of the STEPN app, which runners and joggers – even walkers – can use to earn while exercising🏃🏻
Such a breaking and good piece of news for your attention💙
Apecoin is a trending coin nowadays. Trading in the new coin is supported by top centralized and decentralized sites and MetaX isn’t an exception⚡️
GMT, Green Metaverse Token, is the governance coin of the STEPN app, which runners and joggers – even walkers – can use to earn while exercising🏃🏻
Such a breaking and good piece of news for your attention💙
👨🏻💻Blockchain gaming firm Irreverent Labs raised $40 million in the recently completed round of financing, according to the applications of the Securities and Exchange Commission on Friday.
The crypto-game studio previously attracted investments from Andreessen Horowitz and the Chainsmokers venture fund. His first game, the P2E game, MechaFightClub, watched NFT token owners fight for fame and profit with robotic chickens🐔👨🏻💻
The crypto-game studio previously attracted investments from Andreessen Horowitz and the Chainsmokers venture fund. His first game, the P2E game, MechaFightClub, watched NFT token owners fight for fame and profit with robotic chickens🐔👨🏻💻
The company states that the new version offers more than a year of improvements and improvements to the Unity Editor and additional platform features in an attempt to improve the stability, efficiency and performance of the product.
Unity states that it will provide greater availability at all stages of the project, allowing you to optimize workflows and speed up project execution time using the platform editor interface💻
Unity states that it will provide greater availability at all stages of the project, allowing you to optimize workflows and speed up project execution time using the platform editor interface💻
Cardio Healthcare, a company engaged in the production of fitness accessories under the Cardio brand, introduced the world's first exercise bike integrated into its own Cardio HUB metaverse🚲😎
We are talking about a Metabike device that needs to be connected to a TV or tablet to access virtual space through a special application.
Devices connected via Bluetooth allow you to perform various tasks during training and earn up to $30. US dollars monthly. Money is credited to the user's balance in the metaverse in the form of Cardiocoin cryptocurrency running on the ERC20 blockchain. Cryptocurrency can already be used to pay for various health services and exchange them for discounts in fitness establishments🤸🏼♀️
We are talking about a Metabike device that needs to be connected to a TV or tablet to access virtual space through a special application.
Devices connected via Bluetooth allow you to perform various tasks during training and earn up to $30. US dollars monthly. Money is credited to the user's balance in the metaverse in the form of Cardiocoin cryptocurrency running on the ERC20 blockchain. Cryptocurrency can already be used to pay for various health services and exchange them for discounts in fitness establishments🤸🏼♀️
Blue Studios and Unstoppable Domains introduced the Wallio crypto wallet, which allows user groups to jointly manage digital assets and use Web3.
Wallio is positioned as a family wallet. It allows a family member with administrator status to set spending limits, savings goals and confirm transactions. The wallet can be used to monitor children's acquaintance with Web3💶
Wallio is positioned as a family wallet. It allows a family member with administrator status to set spending limits, savings goals and confirm transactions. The wallet can be used to monitor children's acquaintance with Web3💶
💠As a part of the online event Meta AI: Inside the Lab, the head of the company Mark Zuckerberg demonstrated a prototype of an artificial intelligence system that can create three-dimensional objects in the virtual world using voice commands.
Zuckerberg explains and shows how technology can be used. For example, he says the command "Let's go to the park" next to the Builder Bot and the tool creates a three-dimensional landscape of the park with a lawn and trees👏🏻
Zuckerberg explains and shows how technology can be used. For example, he says the command "Let's go to the park" next to the Builder Bot and the tool creates a three-dimensional landscape of the park with a lawn and trees👏🏻
The gaming project on the Gensokishi Online blockchain reported that it is launching a lottery, the winners of which will be able to participate in testing the metaverse and get 10 unique NFTs🖼
Filling out an application on the Gensokishi Online website will allow you to participate in the lottery. Applicants will get a chance to win bronze tickets of closed alpha testing. To join the lottery, players will also need to complete a number of tasks listed on the application portal🎟
Filling out an application on the Gensokishi Online website will allow you to participate in the lottery. Applicants will get a chance to win bronze tickets of closed alpha testing. To join the lottery, players will also need to complete a number of tasks listed on the application portal🎟
Game and entertainment company Web3 Metatheory, founded by Twitch co-founder Kevin Lean, raised $24 million in the Serie A funding round on May 16🎮
The funding round conducted by Web3-oriented venture companies will be used for future non-interchangeable tokens (NFTs), comics and a game to be released at the end of 2022.
The funding round conducted by Web3-oriented venture companies will be used for future non-interchangeable tokens (NFTs), comics and a game to be released at the end of 2022.
South Korea's largest IT company Kakao has developed a decentralized platform "play to earn" (P2E). The product is a hub that allows you to introduce a model of earnings into traditional game stories or attract users and funding for new blockchain games👨🏻💻
💻The Klaytn Games platform will be launched on the Klaytn blockchain, which the IT giant Kakao created in 2019.
The system combines several smart contracts that allow you to: conduct IGO and sell NFT tokens on the market place. Developers of game startups can get into the Klaytn Games aggregator, which acts as a kind of "white list". Kakao representatives will check the algorithm and ecosystem of projects that will be offered to users and investors in the above services.
💻The Klaytn Games platform will be launched on the Klaytn blockchain, which the IT giant Kakao created in 2019.
The system combines several smart contracts that allow you to: conduct IGO and sell NFT tokens on the market place. Developers of game startups can get into the Klaytn Games aggregator, which acts as a kind of "white list". Kakao representatives will check the algorithm and ecosystem of projects that will be offered to users and investors in the above services.