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Bored Ape Yacht Club NFT Sells For Record ETH Amount

A Bored Ape Yacht Club non-fungible token sold for a record amount Tuesday despite the sector being in a downward trend for sales volume. Here’s the record and what it could mean.

In Ethereum terms, this marks the largest amount paid for a Bored Ape NFT on leading marketplace OpenSea. The sale beats a previous record of 769 ETH. The price paid was not a record in U.S. dollars, with the price of Ethereum significantly lower than where it was earlier this year. As you can see, the Ape does not have any rare under 1% traits, which led to many questioning the sale price reported Tuesday. The previous OpenSea record was 769 ETH paid for Ape #2087. This was a rare Bored Ape with the trippy fur traits found in 0.77% of all Bored Apes.

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Meta Launches Metaverse Digital Clothing Store

Meta
announced that it was launching a designer digital clothing store that will allow users to purchase pieces of clothing for their avatars in its metaverse. The company believes that clothing and other accessories will become an important part of the users’ identity expression and that this will entice them to spend money on digital clothes that will be wearable on all Meta’s apps, including Facebook and Instagram.

With the rise of the metaverse, an alternative and digital take of our world, companies have begun to include industries like clothing to capitalize on the earnings that the need for expression of metaverse users can produce. One of these companies is Meta, which has recently announced the launch of a digital clothing store, named the “Meta Avatars Store,” that will allow users to purchase clothing of different brands to dress their metaverse avatars.

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Wunderman Thompson launches Inspiration Beach’ In The Metaverse

Wunderman
Thompson has launched the WT Inspiration Beach, an immersive metaverse activation to celebrate the start of advertising’s biggest festival in Cannes. It allows people from all over the world to experience the agency’s unique take on creativity, content, and connectivity.

The WT Inspiration Beach has been custom-built from the ground up in partnership with leading metaverse platform, Odyssey, and features collaboration spaces, a networking lounge area, as well as a creative showcase of Wunderman Thompson’s most inspiring pieces of work. Later this week additional features including an interactive shopping space and a DJ booth will also launch to keep visitors engaged in new ways.

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Crypto start-up MoonPay launches NFT platform with Universal, Fox

Crypto
start-up MoonPay said Tuesday that it’s partnering with Universal Pictures, Fox Corporation and Snoop Dogg’s Death Row Records, among other brands, to launch a new NFT platform called HyperMint.The platform and its underlying technology present a big opportunity for legacy brands like Universal and Fox that are sitting on decades of intellectual property.

The new platform enables large brands, agencies, and enterprises to mint hundreds of millions of NFTs a day, scaling up an operation that previously took months using blockchain technology. It’s being formally announced later on Tuesday during a keynote that MoonPay CEO Ivan Soto-Wright is giving at Radio City Music Hall as part of this week’s NFT.NYC conference in New York City.

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'VR porn' searches spike 115% as metaverse buzz gains steam

As
the buzz around metaverse gains momentum, searches for virtual reality (VR) adult content have risen 115 per cent in the last five-six months, a new report showed on Tuesday. The rise in "VR porn" searches is second only to the volume of searches seen during launch of the first-ever VR headset in 2016.

These searches correlate almost directly with either new releases of VR technology or the Christmas sales rush seen via VR app installations year-on-year. A recent report predicted the VR adult content market will increase from $716 million in 2021 to $19 billion in 2026, indicating that the most recent spike in searches may just be the beginning of an increasingly mainstream use for VR technology.The first Oculus VR console was launched in October 2016.

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Ledger Launches NFT Marketplace and Services Platform for Enterprises

Crypto
hardware and security firm Ledger is launching a non-fungible token (NFT) marketplace and Web3 services platform for enterprises, the company announced Wednesday at the Ledger Op3n conference at NFT.NYC. Ledger is also rolling out a suite of other products focused on Web3 education and security.

The company’s NFT marketplace, Ledger Market, prioritizes security and transparency. According to Ledger CEO Pascal Gauthier, clear-signing, a process that helps NFT traders avoid scams, is something that has been lost “in the wave of Web3 innovation,” as proper security is “one of the industry's biggest problems.”.NFT collection DeadFellaz and Brick/Babylon, to list their assets on the marketplace.

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NFT Marketplace Volume Crashes $12 Billion to New 2022 Lows

NFT
marketplaces were hit hard in the crypto market crash of May which led to billions of dollars wiped off the sales volume of digital collectibles. NFT marketplaces continue to make attempts to recover from the plunge in investor interest in digital collections.

According to Be[In]Crypto research, NFT marketplaces’ total volume was around $4 billion for the month of May. Although this figure looks impressive, monthly volumes from April 2022 were in the region of $7.18 billion. Much of the volume came from OpenSea with approximately $2.6 billion. Other marketplaces that made significant contributions included Magic Eden, LooksRare, Solanart, Art Blocks, SuperRare, MakersPlace, Nifty Gateway, Foundation, and Async Art.

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Blankos Block Party NFT Game to Launch on Epic Games Store

Blankos
Block Party, an NFT-driven creation game that claims to have already racked up more than one million total players, may soon be in front of a lot more players when it launches on the popular Epic Games Store.

Publisher Mythical Games announced the news amid NFT NYC this week, although a timeframe for the launch has yet to be announced. Gala Games, another publisher, claimed earlier this month that its Wild West-themed shooter GRIT will be the first NFT game to be released on Epic’s marketplace later this year. The Epic Games Store is a major platform for digital PC and Mac games, counting over 194 million users as of the end of 2021.

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NFTs Accessible to All with Launch of Fiat-Focused SIMBA Market

SIMBA
Chain, the leading provider of blockchain enterprise solutions, has announced the launch of its new non-fungible token (NFT) marketplace SIMBA Market. The platform, which will feature collections from a variety of well-known names in sports and entertainment from the outset.

SIMBA Market officially launches on June 23, 2022, featuring digital collectibles by globally recognized snowboard manufacturer Kemper Snowboards. Next, the platform will release work by the International Hockey Federation (FIH) to coincide with their Women's World Cup taking place July 1-17 in Spain and Netherlands. In addition to visual properties, both collections.

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Meta, Microsoft and Other Tech Giants Say They Want an Open Metaverse

On Tuesday, 35 technology companies—among them Meta (formerly known as Facebook), Microsoft, Alibaba, and Sony—announced their founding membership in an organization calling itself the Metaverse Standards Forum.

The Forum’s stated goal: to foster coordination and cooperation among the hundreds of companies currently jockeying to create (or depending who you ask, dominate) the still-nascent metaverse: an immersive collection of digital spaces and worlds navigated via 3D avatars that many see as the future of the internet.These tech giants claim they have banded together to set standards toward creating an “open and inclusive metaverse.”

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Mark Zuckerberg wants one billion people to use the metaverse

Mark
Zuckerberg has high hopes for the metaverse, and he really wants you to join him.The billionaire creator of Facebook is busy crafting what he sees as the next evolution of the internet. A fully virtual world just like the one from Ready Player One.And he’s hoping to get over a billion people living, working and playing in this new virtual space.

Since then, Meta has iterated and improved on the headsets which, it hopes, will become a staple of our connected future.The demo gave a sneak peek into what mixed reality could look like, with Zuckerberg gesturing toward the cartoon character from this Oppy video and appearing to paint its environment over the real world.The headset is supposed to offer high-resolution, full-colour passthrough, which means users can interact with virtual objects superimposed onto their actual reality.

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‘NBA Top Shot’ NFT Collection Witnesses 900% Jump In Sales After 2022 NBA Draft

You may “own, sell, and trade official digital collectible NFTs of the NBA and WNBA’s best plays and players” with the NBA Top Shot collection.Following the conclusion of the 2022 NBA Draft, sports enthusiasts and collectors have over the past 24 hours filled their NFT bags with selections from the NBA Top Shot collection.

The NFT project, which was started in July 2020, gained the most of its success in the NFT fad of 2021. Data from CryptoSlam shows that since the collection’s debut, sales have totaled $1,011,895,237.38.Data from Cryptoslam show that in the previous day, the volume of sales for the NBA Top collection increased by 901 percent. The sales were $1,253,456 as of the time of publication. The project’s sales in May were $13,931,450, a decrease of 76% over the previous five months. The widespread loss in sales in the NFTs market.

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It seems NFT-themed Bored & Hungry restaurant no longer accepts crypto

Bored
& Hungry initially launched back in April of this year. At the time, one worker told the Los Angeles Times that the majority of its customers didn’t seem to care about crypto payment options, also noting that customers were generally indifferent to “the restaurant’s fidelity to the crypto cause.”

Changes to venue's payment policies seem to fall in line with the overarching crypto and macro economical meltdown transpiring across the globe. But never fear, hungry crypto users! You can still visit Chipotle, which began accepting crypto payments earlier in June via Flexa. Several countries are facing relentless regulations and scrutiny and there are issues of contagion in the crypto market.

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Square Enix Won't Be Making Final Fantasy NFT Games Anytime Soon

Square
Enix CEO Yosuke Matsuda committed to making NFTs and blockchain games a part of the company’s portfolio. As reported by michsuzuki and translated by VGC, Square Enix re-affirmed this goal during their 2022 Shareholders’ Meeting Report.

The report states that one of Square Enix’s medium-term goals is “the development of blockchain games and entertainment products.” However, when speaking about the relationship between NFTs and Square’s biggest franchises, Matsuda said “It’s still too early to consider making Dragon Quest and Final Fantasy blockchain games.” Furthermore, they are “not thinking” about utilising this technology in any of their upcoming releases. Square Enix recently sold Eidos Montreal, Square Enix Montreal and Crystal Dynamics to the massive Embracer Group video game holding company.

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Sandbox (SAND) Blows Up 20% Over Last 24 Hours Following ‘Takeover’ Rumors

Sandbox has become one of the most important Metaverse cryptocurrencies to keep an eye on this year.The rally occurs just days after Microsoft and Meta, among other technology giants, announced the founding of the so-called “Metaverse Standards Forum.”

Other facets of virtual reality are also being researched, as the Sandbox environment has expanded into much more than a gaming platform.As shown on the SAND chart, the daily time frame chart obtained seven consecutive green candles.Near the $1.11 mark, the SAND price confronts severe supply pressure, with intraday trading volume reaching $386 million, suggesting a 3.22 percent decline. Friday night’s bulls blasted over the 10-day horizontal boundary, propelling the price of SAND cryptocurrency well above the bearish’ critical hedging level of $0.90.

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DigitalArt4Climate and Exquisite Workers, finalists at the NFT.NYC Awards with Bricx Martillo Dumas

NFT.NYC, which opened on June 20 with over 15,000 visitors, has announced the finalists and winners of its second annual NFT awards, one of the most highly anticipated NFT events, organized in partnership with OpenSea, ApeNFT and NFT.Kred.

The NFT Awards honors and shares remarkable NFT projects, infrustructures and distinguished creators selected by the community. This year, the event received 12,353 nominations and 18,456 votes covering more than 30 categories in areas from visual art to gaming to fashion. Takashi Murakami won the “Greatest Common Artist-Turned-NFT-Artist” category, Beeple was named “Best Established NFT Artist” and RTFKT was crowned as having the “Best Fashion NFT Project.”

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Your Guide to the NFT Metaverse

🚀 FOLLOW US For Daily Educational Content
👇🏻 LEARN ALL YOU NEED TO KNOW ABOUT NFTS

@NFTs_Metaverse_Coins

Contact:
@The_NFT_dude
NFTs Metaverse Coins | Binance pinned «Your Guide to the NFT Metaverse 🚀 FOLLOW US For Daily Educational Content 👇🏻 LEARN ALL YOU NEED TO KNOW ABOUT NFTS @NFTs_Metaverse_Coins Contact: @The_NFT_dude»
New York NFT Leaves Attendees Infected with COVID-19

NFT
New York City (NFT.NYC) organized a three-day conference that brought the NFT community together in NYC for debates, talks, and workshops through June 20-23, 2022. The program was glamorous and successful. However, it airdropped a virus to people.

Multiple sources have reported that many attendees have contracted the Coronavirus disease (COVID-19) after the event. Many Twitter users share their testimonies about the situation, and there is a general call to everyone who attended the event to carry out the COVID test.NFT.NYC is the largest NFT conference in the world. This year’s event features more than 15,000 artists.

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Baby Yors Announces Release of New NFT Collection, "Los Diablos"

With
a team of Web3 experts, Argentine musician and visual artist Baby Yors announced today the release of "Los Diablos," a collection of 10,666 randomly generated PFPs on the Ethereum blockchain.

The artwork is inspired by the Carnival rituals of Jujuy, Baby's hometown in the north mountains of Argentina. During the festive practices, citizens let the devil "be among them," releasing their inhibitions through wild joy and dance. Los Diablos brings this tradition to Web3 for everyone to experience and is expected to be minted on the Blockchain at the end of July. The collection arrives on the heels of the release Baby's latest single and video.

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