NFT & Crypto Updates
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🖼 From NFT Punchline to $8 Million Raise, ‘Pixelmon’ Preps for MON Token Launch

Pixelmon began its crypto odyssey as one of the most egregious examples of NFT FOMO, as collectors shelled out $70 million for knockoff Pokémon creatures that were so ugly, even the game’s founder called the artwork a “horrible mistake.” But two years and an ownership change later, between a fundraise and an impending token launch, Pixelmon is gunning to have a big 2024.

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NFTs | OpenSea | News
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🇯🇵 Japan Education Ministry Plans to Use Metaverse to Help Foreign Students Find Jobs After Graduating

The government plans to utilize the metaverse in a program to make it easier for exceptional foreign students to stay in Japan and enter the work force after graduating. The government has set a target employment rate of 60% for foreign students in Japan by the end of 2033. The rate rose steadily from 31.9% in fiscal 2013 to 48.0% in fiscal 2018, but has since leveled off, and was 46.5% in the latest available statistics from fiscal 2021.

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NFTs | OpenSea | News
🔫 ‘Parallel’ Teases Open Beta Plans as New Ethereum NFT Cards Launch

Parallel, the NFT card-battler that Decrypt’s GG named as its 2023 game of the year, may soon be launching to a much larger audience amid teases of an open beta launch on the horizon. Currently available in a closed beta test that’s gradually letting more players in, Parallel said on Twitter (aka X) late Wednesday that info on the open beta is coming “soon.”

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NFTs | OpenSea | News
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🪙 Ethereum NFT collections outgrew ETH in January

January marked a month of growth; however, it was mainly for NFT collections. While ETH gained ~2% in the previous month, some of the top NFT collections grew more. For instance, Nansen NFT-500 and Blue-Chip 10 registered a growth in their value of 9.35% and 9.76%, respectively. ETH alone, the crypto is down by 1.09% in the last 24 hours, trading at $2,269.61. It further reflects an increase of 1.55% in the last 7 days and a fall of 1.38% in the last 30 days.

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NFTs | OpenSea | News
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🖼 Japan Airlines and Hakuhodo to launch NFT collection

Japan Airlines Co., Ltd. (JAL) and Hakuhodo Inc have partnered to develop a joint collection of non-fungible tokens (NFTs). According to a blog post by KOKYO NFT, the initiative, scheduled to launch in February 2024, aims to convert unique experiences from six regions of Japan into non-fungible tokens. In parallel with the upcoming challenge, an advertising campaign uses dynamic origami-themed NFTs.

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NFTs | OpenSea | News
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🔫 Roblox Introduces Real-Time AI Translation on Metaverse to Overcome Language Barrier

Roblox revealed it has added automatic chat translations into its metaverse to allow users around the world to communicate without a problem, regardless of the language they speak. The new AI-based feature provides real-time translations of chat messages among users.According to CoinTelegraph, Roblox's artificial intelligence technology, which it calls the "unified translation model," currently supports 16 languages.

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NFTs | OpenSea | News
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🪙 Polkadot Sets New Record For NFT Minting Speed

Web3 protocol Polkadot has set a new blockchain speed record, minting 4,930 NFTs per minute, beating previous records set by Solana and Polygon. The record was achieved during an NFT drop for interactive storytelling game Forever Has Fallen, utilising Polkadot’s Unique Network parachain, which is tailored for composable NFTs.

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🔫 Roblox Builds In-House LLM to Bring Real-Time Chat Translation to Metaverse

Roblox, an online gaming platform, has developed an AI-enabled real-time translation system that allows gamers to communicate via text with one another despite speaking different languages. The “unified translation model” is able to translate text messages at a base latency of 100 milliseconds, making for a seemingly seamless, instantaneous messaging process.

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🔫 Elastos joins forces with The Metaverse Bank

According to the official press release, the service is set to cover a range of applications, from eKYC banking verification to educational qualifications. Including professional references, age, resident or fiscal status, or any other credential that may be required. The decentralised verification process offers individuals complete autonomy over shared information, eliminating intermediaries. This ensures full control and privacy, with no data exchange or retention by third parties.

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🖼 Stephen Chow’s “Nobody” NFTs Reach 10,000 ETH in Trading Volume

Hong Kong movie director Stephen Chow launched an NFT collection titled “Nobody” on February 1 which has already reached nearly 10,000 ETH in trading volume on Opensea. At the time of writing, the collection has experienced trading activity of over 9,878 ETH (~ $22.8 million) with a daily volume of 2,699 Ether. In an X post published on February 7, Chow asked his followers for suggestions regarding potential Nobody community events. He also changed his profile picture on X and Instagram to a Nobody Avatar.

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NFTs | OpenSea | News
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🚀 Join the Elite Trading Community at @ChartsSignalsTrading! 📊

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🖼 9GAG CEO buys Stephen Chow NFT at 3,155% premium to floor price

Ray Chan, the Hong Kongese co-founder and CEO of entertainment platform 9GAG, has purchased a Stephen Chow "Nobody" nonfungible token (NFT) at a price of 19.527 Ether ($47,300), representing a 3,155% premium over the collection's current floor price of 0.6 Ether ($1,450). The Nobody 889 "Monkey King" themed NFT has a special Sun trait present in less than 0.01% of the collectible series.

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NFTs | OpenSea | News
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🖼 Sotheby’s to Auction Ether Rock NFT in Sealed Bid Event

Sotheby’s has announced that it is presenting Ether Rock, an early NFT collectible as a Sealed Auction, which will take place from February 14 to February 21. Only the bid that a person has to select the amount to bid and click “Place Bid,” submitted bid will be visible. The top bidder will be the one whose bid exceeds the current high bid. If not, the bidder will be able to see where their current bid stands, but not how much more they must bid to win the lot.

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NFTs | OpenSea | News
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🖼 Doodles and G-Shock Collabs for a NFT-Inspired Watch Collection

Doodles, the digital asset firm renowned for its vibrant and sought-after NFT collection, has joined forces with G-Shock, the luxury watch brand known for its durable and innovative designs. This partnership aims to launch an NFT-inspired watch collection that is not only a nod to the digital future but also a testament to the enduring appeal of high-quality craftsmanship.

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🔫 Apple is poised to bring metaverse mainstream and dominate the market

Apple’s biggest new hardware launch in decades happened on Feb. 2 when the Vision Pro spatial computer hit the United States market. Based on the reported preorder sales and the company’s history of hardware hits, there are plenty of reasons for metaverse enthusiasts to be optimistic for the future. The Apple Vision Pro is a spatial computing device that takes the form of an augmented reality headset.

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🔫 India’s Kochi City Partners with START LAND Inc. for Metaverse Expansion

Kochi City in Kochi Prefecture has embarked on a groundbreaking initiative to harness the potential of the Metaverse, with a strategic focus on developing markets in product sales and tourism. The city recently formalized a comprehensive collaboration agreement with START LAND Inc., a prominent operator of virtual spaces, to leverage digital technology for regional revitalization.

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🔫 5G-enabled AR-animated avatar calls for the metaverse

Rohde & Schwarz and Slalom are collaborating to realize 5G-enabled AR-animated avatar calls for metaverse and extended reality (XR) applications, considered critical to unlocking the full consumer potential of the 5G technology. The duo are developing essential tools to test XR use cases thoroughly prior to market launch and will demonstrate how to enable tomorrow’s augmented reality at MWC 2024.

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🔫 Metaverse in Finance Market is Booming Worldwide

According to HTF Market Intelligence, the Global Metaverse in Finance market to witness a CAGR of 9.2% during the forecast period (2024-2030). The Latest Released Metaverse in Finance Market Research assesses the future growth potential of the Metaverse in Finance market and provides information and useful statistics on market structure and size.

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