Categories
US

Facebook Starts Testing NFTs With Select Creators, Aspires to Capture Metaverse Industry

New Delhi: Facebook has rolled out a test to support non-fungible tokens (NFTs) with a select group of creators in the US on its platform, as it aspires to capture the multi-billion dollar metaverse industry. Navdeep Singh who is a product manager at Meta (formerly Facebook) shared screenshots of NFTs on Facebook late on Thursday.Also […]

Categories
US

NFTs to appear on Facebook, cross-post with Instagram as Meta Web3 expansion continues

Facebook will support nonfungible tokens (NFTs) with a “digital collectibles” tab on creators’ timelines to display their work. Meta technical program manager Navdeep Singh displayed screenshots of NFTs and a creator’s page Thursday on Twitter.  A spokesperson for Meta, the parent company of Facebook, told TechCrunch the same day that the rollout of NFTs on […]

Categories
US

Crypto, NFTs and Web3: Digital assets are hot in Australia, so how can businesses get on board?

Source: Unsplash/Jason Briscoe. The second instalment of the State of Origin series between New South Wales and Queensland drew a national audience of nearly 3 million. The on-field adverts were hard to miss during the clash, brought to viewers by the instantly recognisable KFC, next to a second, less familiar face. Brisbane-based cryptocurrency exchange Swyftx […]

Categories
US

Web3 Summit At MIT Shows Tech’s Enthusiasm For Crypto Is Unabated Despite Crypto Bear

The Imagination in Action Web 3 Summit brought innovators like Sandy Pentland in conversation with … [+] Esther Dyson, Janel Balis, Yat Siu, and Mike Federle together to discuss the transition to Web 3. Forbes Despite the chilly winter storm depressing cryptocurrency prices, digital asset entrepreneurs, developers, venture capitalists and enthusiasts gathered in Cambridge MA […]

Categories
US

Fashion’s Metaverse Reality Check

This article first appeared in The State of Fashion: Technology, an in-depth report co-published by BoF and McKinsey & Company. Pioneers in the metaverse have shown there is a business case for fashion brands to invest in virtual worlds. Granted, a fully formed metaverse — comprising an interconnected, virtual ecosystem that overlaps with or offers […]

Categories
US

Kevin Hart Extends Media Omnipresence Into Animation, Web3, NFTs With Roku Originals Deal

(NFT images courtesy of Hartbeat) If it seems like Kevin Hart is pretty much everywhere there’s media, it’s because he mostly is everywhere, though until now he hadn’t ventured into the Metaverse or NFTs, or been part of an animated series. That’s all changing over the next week, as he also begins a U.S. tour […]

Categories
US

Snoop Dogg comments on the crypto bear market, NFTs and WEB3 – TechStory

Snoop Dogg is well-known for his interest in NFTs, Metaverse, and the crypto markets in general. He was recently interviewed by CNBC, where Snoop Dogg gave his comments on the crypto bear market and a lot of other industry-related stuff. He said that like every great industry (Alcohol. clothing, tobacco), even crypto had a downfall. […]

Categories
US

eBay ventures into metaverse and NFTs with three trademark applications

American eCommerce giant eBay (NASDAQ: EBAY) is the latest mainstream brand interested in the metaverse after submitting various trademark applications for different products in the space.  The company applied for non-fungible tokens (NFT), NFT exchanges and NFT trading, virtual goods marketplaces, and online retail stores with physical and virtual goods. The application was submitted before […]

Categories
US

NFT stunts are out: How the crypto bear market is resetting fashion’s Web3 strategy

According to a report this month from McKinsey & Co. on value creation in the metaverse (which increasingly leans on Web3 elements such as cryptocurrencies and NFTs), the longer-term opportunity for fashion brands is “engaging consumers with NFTs for more pragmatic purposes, such as loyalty tokens or digital twins, [which] can host information about a […]

Categories
US

Metaverses, NFTs and Web3 Will Unlock Trillions Of Dollars In Economic Value And Opportunity – Benzinga

By Constantin Kogan The most expensive NFT in the world, The Merge, created by the artist Pak, sold for $91.8 million. In ten years, this record-breaking purchase won’t be a footnote on the list of the top 10 most expensive NFTs. NFTs are primarily viewed as digital art that can be purchased and enjoyed by […]