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OpenSea Releases New Wallet Function Update Helps Users Simplify Operation

OpenSea announced on social media a number of enhancements, including the wallet feature, aimed at enhancing the platform’s user experience. The wallet has been updated to simplify ETH packaging/unsealing even more, to provide real-time balance refresh, and to update the collection order mode. The service will be simpler when the new function is updated, and network navigation will be easier after the in-app blockchain transition.

OpenSea announced wallet upgrades to further simplify ETH packaging/unsealing, support real-time balance refresh, collection order mode update, added NFT quotation depth option and quotation option added NFT feature filter.At the same time, users can accurately understand their transaction amount and view the latest floor price and maximum bid in real-time.
​🖼 NFT Aggregator Market Heats up as OpenSea Pro Overtakes Blur

Having
lost its title as the world’s most popular NFT marketplace to Blur in February, Opensea has launched a major counteroffensive. When using the relaunched aggregator, users are able to browse listings from over 170 NFT marketplaces, including OpenSea. It also equips them with aggregated cross-market data and a suite of tools. Designed to help collectors and traders optimize how they buy and sell NFTs. Significantly for OpenSea, the recent relaunch appears to have been well received by the community. Two key metrics of platform use — daily active users and new wallets created — spiked significantly throughout the week. From a 54.8% share of all NFT aggregator users on Monday, by Saturday, Blur’s share had declined to 27.%. Meanwhile, OpenSea Pro saw its daily user base surge from 18% to 57% of aggregator users in the same time period. The Drop is a way to reward Gem’s early adopters. Anyone who bought an NFT on Gem before March or the end of March is able to claim a free Gemesis NFT between April 4 and May 4.
After seeing hundreds of millions of dollars poured in during the peak of the last speculative bubble, metaverse real estate is currently in the gutter.
​📣 Fidelity International Launches Metaverse Experience, Developed by TerraZero Technologies

TerraZero Technologies, Inc. ("TerraZero"), a technologies products and services firm and in-house creative studio, in collaboration with Fidelity International ("Fidelity") has completed and deployed a 64-parcel activation to the Decentraland Metaverse, marking Fidelity's first major step into the Metaverse and Web3 together. The new Metaverse experience within Decentraland aims to encourage financial literacy and educate. Brandon F. Johnson, Co-COO and Chief Experience Officer at TerraZero sees these virtual environments as technologies which can intervene where more attention is needed, "Fidelity International is bringing financial literacy to young people, creating opportunity for equity and equality for future generations. This experience and those which follow will serve as a global point of entry for people who want to set themselves up for success. This is a genuine instance of intervention where modern education models have lacked for decades. If we're going to truly change the world for the better, let's democratize access to resources which can help people succeed not just tomorrow, but for their entire lives."
According to a court filing in California, Twitter Inc no longer exists. Instead, it has been merged into Elon Musk's X Corp. which has ambitions of becoming an "everything app," according to Elon.

Many in the tech community suggest that X Corp. will aim to become like China’s WeChat, which supports messaging, payments, ride-sharing, food delivery and other services all in one app.
​🖼 NFT warranties can help mass adoption of the technology, says Web3 exec

The
Web3 space has seen its fair share of exploits in the recent past, with more than $320 million exploited by hackers in the first quarter of 2023. For many users, particularly prospective users, securing their digital assets is a top priority.  A new nonfungible token (NFTs) warranty service from Web3 payment provider Wert and insurtech service Avata is trying to troubleshoot the asset security gap for both active and prospective collectors. According to the announcement, the opt-in warranty for NFTs will cover up to 90% of the value of the digital assets for any NFTs compromised in a smart contract hack. Cointelegraph spoke with George Basiladze, the co-founder and CEO of Wert, who said a solution like this helps bridge the “trust” gap, while offering needed protection to an array of collectors. The service will be available on nearly 80 digital asset marketplaces, including the KnownOrigin NFT marketplace. According to Basiladze, the NFT protection will be charged at 6% of the asset cost at checkout, and coverage will be calculated by the purchase price rather than the current market value.
NFT Aggregator Market Heats up as OpenSea Pro Overtakes Blur

Having lost its title as the world’s most popular NFT marketplace to Blur in February, Opensea has launched a major counteroffensive. When using the relaunched aggregator, users are able to browse listings from over 170 NFT marketplaces, including OpenSea. It also equips them with aggregated cross-market data and a suite of tools. Designed to help collectors and traders optimize how they buy and sell NFTs.

Significantly for OpenSea, the recent relaunch appears to have been well received by the community. Two key metrics of platform use — daily active users and new wallets created — spiked significantly throughout the week. From a 54.8% share of all NFT aggregator users on Monday, by Saturday, Blur’s share had declined to 27.%. Meanwhile, OpenSea Pro saw its daily user base surge from 18% to 57% of aggregator users in the same time period.
​📣 JACK&JONES India steps into the future with the METAVERSE themed capsule collection

Bringing
the best of high-street fashion in an all-new avatar, JACK&JONES unveils a Metaverse-themed capsule collection as part of their SPRING/SUMMER 2023 collection. Bridging the gap between style and augmented reality, the new collection boasts an array of bright and playful colors that are ideal for Summer. This limited-edition capsule is an innovative play on 3D augmented reality. Available in stores across India in early April 2023, the new JACK&JONES METAVERSE collection is now available in all stores and is priced at INR 1499 onwards. The in-store experience is not to be missed if one wants to encounter one-of-a-kind experience. More than a quarter of a century ago, we set out to take on the world. We were just a few guys with our first jeans collection and a passion for denim that couldn't be denied. Many years later, we're still just one of the guys and it's still all about jeans, but we've added a few more people to our team along the way. And yes, we know it takes more than a pair of good jeans to cover a guy's wardrobe needs.
NFT warranties can help mass adoption of the technology, says Web3 exec

The Web3 space has seen its fair share of exploits in the recent past, with more than $320 million exploited by hackers in the first quarter of 2023.A new nonfungible token (NFTs) warranty service from Web3 payment provider Wert and insurtech service Avata is trying to troubleshoot the asset security gap for both active and prospective collectors.

According to the announcement, the opt-in warranty for NFTs will cover up to 90% of the value of the digital assets for any NFTs compromised in a smart contract hack.The service will be available on nearly 80 digital asset marketplaces, including the KnownOrigin NFT marketplace.The NFT protection will be charged at 6% of the asset cost at checkout, and coverage will be calculated by the purchase price rather than the current market value.
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📣 Meta Being Called To Stop Allow Minors Join Metaverse World

According
to Bloomberg, dozens of advocacy and children’s safety specialists have urged Meta to abandon its plans to let minors into its new virtual reality environment. On April 14, online safety organizations and experts wrote to Mark Zuckerberg, urging the company to abandon plans to welcome minors and young adults to its metaverse app, Horizon Worlds. Major safety organizations like airplay, the Center for Countering Internet Hate, Common Sense Media, and others signed the letter. The move comes as the company prepares to welcome teens and young adults to its Horizon Worlds metaverse app in the coming months. The company originally opened Horizon Worlds to anyone over the age of 18 in 2021 but has since struggled to keep consumers returning to the site. According to activists led by online safety organizations such as Fairplay, the Center for Countering Digital Harmony, Common Sense Media, and others, Meta must first assess the risks of allowing minors into the metaverse because minors are likely to face harassment and privacy violations on its virtual reality app. According to a March study from the Center for Countering Digital Hate.
It has just been revealed that Elon Musk has officially created an artificial intelligence company named X.AI – and is ready to compete head on with OpenAI – the company he famously co-founded but then left in 2018 on not-so-friendly terms.

Elon Musk now owns one of the great data pools for his LLM, Twitter.
​🖼 Trump Earned Up To $1M From NFT Sales: Filings

A
filing from the U.S. Office of Government Ethics shows that former president Donald Trump has made anywhere from $100,001 to $1 million from sales of Trump-branded non-fungible tokens (NFTs). The filings were first reported by ethics watchdog Citizens for Responsibility and Ethics in Washington (CREW). The 45,000 digital collectibles featuring the 45th president's likeness were released in December and sold out within a day. According to the filing, submitted on Friday, Trump holds the position of "manager, president, secretary and treasurer" at CIC Digital LLC and CIC Ventures LLC. On the official Trump Trading Cards website, it says that CIC Digital LLC allowed NFT INT LLC, the company behind the NFT project, to use Trump's likeness, name and image under a paid licensing agreement. The filing lists income from CIC Digital LLC as "NFTs" that raked in between $100,001 to $1 million. It also states that CIC Ventures LLC received over $5 million from speaking engagements.
🙈 MonkeDAO plans to buy rights for the popular monkey NFT collection on Solana called Solana Monkey Business (SMB). SMB currently has a floor price of 223 SOL (about $5,427) and has done over $1.8 million SOL (about $43 million) in trade volume.
​📣 Jack & Jones launches Metaverse collection in India

Apparel
brand Jack & Jones has launched an exclusive Metaverse-themed collection in India. The new launch is designed to blend technology and fashion and blur the line between physical and virtual worlds. “Bridging the gap between style and augmented reality, the new collection boasts an array of bright and playful colors that are ideal for summer,” announced the brand in a press release on April 12. “This limited-edition capsule is an innovative play on 3D augmented reality, taking the shopping experience at Jack & Jones to an elevated digital realm. Fashion, much like technology, is advancing in ways that are bold, unpredictable, and limitless. Inspired by this thought the new Metaverse collection highlights a range of fresh new styles and designs, in bold hues with splashes of neon and reflective colors, they add a futuristic flair to all outfits.” The capsule collection is designed to translate the aesthetics of the virtual world into wearable casual wear. With graphic prints and relaxed silhouettes, the line is priced from Rs 1,499 onwards and caters to both men and women.
And the crypto market cap is back up above $1.25T.
​⚡️ Lamina1 Is Building for the Open Metaverse

The
metaverse industry may be large but it’s certainly not open. As figures such as Animoca Brands founder and CEO Yat Siu or pseudonymous non-fungible token (NFT) collector Punk6529 tout, Web3 should aim to build the “Open Metaverse,” an interoperable space across all, or at least most, platforms. A Web3 ethos points towards breaking down “walled gardens,” or data silos, allowing users to take full ownership of their digital experiences that they can carry from metaverse to metaverse. Lamina1 is a layer one blockchain ecosystem that’s set on providing the infrastructure for Web3 developers to build the “Open Metaverse.” With its user-friendly tooling, onboarding strategies and environmentally friendly approach, Lamina1 aims to help the metaverse hold true to a Web3 ethos. The project was founded in June 2022 by Neal Stephenson, author of the famed science fiction novel “Snow Crash,” for which he coined the word “metaverse,” and Peter Vessenes, an early cryptocurrency adopter and experienced Web3 venture capitalist. The two metaverse architects wrote a white paper that sets out to solve the interoperability issue of the decentralized virtual world.