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OKXNFT Maketplace Has Released The Bitcoin Ordinal NFT Collection With Over 3500 Items

The initial byte-perfect uploads of the original Ethereum CryptoPunks into the Bitcoin Blockchain are referred to as Bitcoin Punks. Ordinals are used in this process. The NFT Collection has a starting price of 1.09 ETH and a total of 3,500 pieces. At this point, the collection has over 1,500 owners, and the trading volume recorded has reached 5,430 ETH.

The first Bitcoin Ordinal NFT collection has been released, as was recently announced by OKXNFT maketplace. For placing orders or trading BTCNFT, you can use ETH or any other ERC20 coin. OKX has said that the BTCNFT that is listed is a genuine NFT that has been validated by OKX. OKX has also stated that an item may be withdrawn to the BTC wallet by using EmblemVault. The Collection has a floor price of 1.09 ETH and comprises 3,500 items.
🖼 Audius Implements NFT-Gating for Exclusive Artist Access

Web3
music platform Audius said it’s implementing a non-fungible token (NFT) gating feature intended to allow artists to release exclusive content to NFT holders. This follows recent news that streaming service Spotify is testing token-gated playlists. Artists on Audius who have released their own NFTs can “gate” their content so only token holders. Additionally, Audius aims to cater to artists who are active NFT community members but may not have their own collections. If an artist is a holder, or has an affinity for another NFT project such as popular Bored Ape Yacht Club or CryptoPunks collections, they can gate their content with those NFTs. Audius has been working away to integrate features to boost fan engagement over the past year. Last month the company upgraded its ongoing partnership with TikTok, allowing Audius users to integrate their favorite songs from the platform onto the social media application.
Bicasso Launched By Binance Initiated A Competitive Race On AI

Binance announced the beta release of the AI-driven NFT generator “Bicasso” on March 1. Users may submit images and provide keywords to produce NFTs using AI computations. The 10,000 NFT casting cap was destroyed seconds after the news was announced.

Indeed, generative artificial intelligence has become a popular trend since the phenomenon-level application ChatGPT opened up the AI application market sector. Binance, the world’s largest cryptocurrency exchange, created Bicasso, an AI art creator. The seamless NFT minting capability of Bicasso sets it apart from other AI art producers. Thus, once you’ve finished your masterpiece, you can mint it as an NFT and commercialize it. Formerly, creating art and minting it as an NFT were two separate operations that required two different platforms and a lot of time.
🇰🇷 South Korea commits $51M to support metaverse development

South
Korea has recently announced a significant investment of 27.7 billion Korean won (US$21 million) into local services that aim to utilize the metaverse. According to a press release by the South Korean Ministry of Science and ICT, the investment will support 13 new projects in sectors such as healthcare, education, and tourism that will leverage the metaverse to improve public services. Funds will support 13 new metaverse projects This announcement comes on the heels of news from earlier this week that South Korea will establish a $30 million metaverse fund to help startups expand their businesses. The fund aims to encourage smaller enterprises in the metaverse sector to expand their operations globally through mergers and acquisitions. South Korea has been actively investing in the development of the country’s metaverse ecosystem. In February 2022, the country invested approximately $185 million towards metaverse efforts.
Silicon Valley Bank had been closed by regulators, and that the FDIC had taken control. It’s the second largest bank collapse in the history of the United States.
📣 GhostMarket integrates new Neo NFT royalty standard

GhostMarket
has positioned itself as an early adopter of a new Neo Royalty Standard for NEP-11 tokens. This standard, aided in its development by GhostMarket, provides a set of common methods and events that can be easily implemented by NFTs that require royalties. While the standard is still in a draft status and has not yet been assigned a formal NEP number. Standardizing this functionality ensures that all dApps that interact with NFTs know how to correctly interpret the royalties associated with them. Likewise, NFT contract implementers will only need to put the standard methods into place to ensure royalty is interoperable across marketplaces and other projects which also follow the standard. The standard aligns with the work done with the ERC-2981, used on Ethereum and other EVM-based networks. However, following GhostMarket’s advice, Neo’s implementation was extended with support for multiple royalty recipients.
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Instagram is working on a decentralized Twitter alternative. According to insider Casey Newton,the company is in the early stages of creating a “standalone decentralized social network for sharing text updates.

The app is codenamed P92 and will allow users to log in through their existing Instagram credentials.

Adam Mosseri, the head of Instagram, is taking lead on the project.
🖼 Breakout NFT Conference is Building Web3 Communities in São Paulo

Breakout
NFT, taking place from March 15-16 in São Paulo, brings together an impressive lineup of speakers from ConsenSys, Artblocks, Chainlink, FingerPrintsDAO, and a wide array of artists from multiple disciplines. Topics on the agenda fall within four focus areas: AI & Art, Games, Phygital, & Urban Art.  Alongside a steady increase in Brazil’s internet usage, São Paulo has seen a “proliferation of accelerators” in recent years, supporting a growing ecosystem of startups. The hosts of the conference are banking on the city’s meteoric rise as a regional technology hub, making it the perfect scene for NFT and Web3 gaming companies to build and expand their communities. Alongside businesses, Breakout NFT is placing its focus squarely on local artists—who are highly represented in a way that isn’t seen in many NFT conferences or trade shows. Those artists encompass many different disciplines.
The Federal Reserve today released two statements with a singular message: Depositors of Silicon Valley Bank, whether insured or not, will receive assistance that ensures "full protection" for all.

Depositors “will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.”
🪙 ITV Studios takes Thunderbirds into The Sandbox metaverse

ITV
Studios and Reality+ have joined together to launch the Tracy Island Sandbox Metaverse Experience. The time-limited Tracy Island event in The Sandbox Metaverse will run for two weeks from today to give fans the opportunity to join forces with their favourite Thunderbirds characters to take on quests in and around the famous top secret International Rescue HQ. The Tracy Island Sandbox Experience consists of 15 quests and mini-games with a plethora of Easter eggs and information about the original TV series. Leveraging the benefits of Web3, fans can also browse the various digital collectibles, including a gallery takeover in the Thunderbird 2 hangar, and a special voxel exhibition curated by Lady Penelope. Reality+ co-founder Tony Pearce said: “It’s a tremendous honour to be working with ITV Studios, not only to help them push the boundaries of what’s possible in the world of Web3 entertainment.
Bitcoin surged almost 20% today as the Nasdaq bank index is down almost 8%.

The global crypto market cap is now healthily above $1T, increasing over 10% in the last 24 hours.
⚡️ ITV Studios takes Thunderbirds into the metaverse

ITV
Studios has teamed up with web3 firm Reality+ to take the TV series Thunderbirds into the metaverse. The British science fiction series that showcased characters such as Lady Penelope, Brains, and Jeff Tracy is to be rebooted within The Sandbox metaverse. Tracy Island, the famous top secret international rescue headquarters from Thunderbirds. Using a VR headset to enter the metaverse, players will be greeted by their favourite Thunderbirds characters and be able to go on quests around Tracy Island. Labelled the Tracy Island Sandbox Experience, the event will consist of 15 quests and mini-games. Users will have access to Thunderbirds NFTs, or non-fungible tokens and will be able to visit a digital artwork gallery in the Thunderbird 2 hangar, including an exhibition curated by Lady Penelope herself. Reality+ co-founder Tony Pearce said it was a "tremendous honour to be working with ITV Studios.
Google has announced a suite of upcoming generative AI features for its Workspace apps, including Google Docs and Gmail.

You will soon be able to generate, summarize, and brainstorm text with AI in Google Docs.

You will have the option to generate full emails in Gmail based on brief bullet points, and the ability to produce AI imagery, audio, and video to illustrate presentations in Slides.

You will also be able to generate new backgrounds and capture notes in Meet, and enable workflows for getting things done in Chat.

These features will begin rolling out to a selection of US-based users this month and is another step forward in Google’s plans to not only catch up to, but dethrone Microsoft as the leader in the Generative AI race.
📣 Meta Cuts 10,000 More Workers After Scrapping NFT Plans

Meta’s workforce ballooned in recent years as the Facebook parent company signaled its ambitions for the metaverse—but recent moves suggest that it is feeling the sting of changing tech trends and rough market conditions. The company today announced another round of layoffs, one day after saying that it was “winding down” support for NFTs. Co-founder and CEO Mark Zuckerberg wrote in a post today that Meta will shed about 10,000 further employees in the months ahead across multiple waves, as well as close about 5,000 current listings for open positions. The moves will affect its recruiting department this week, its tech groups in April, and business groups in May. Meta previously laid off about 11,000 employees in November, representing about 13% of its workforce at the time, per CNBC. As of December 31, 2022, Meta reported having a headcount of 86,482 people across all divisions —a 20% jump from the year prior.
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Metalink has announced the launch of its mobile app – available now in the App Store 📲

They are aiming to create the first mobile platform enabling NFT collectors to communicate via gated chats; track real-time portfolio valuations; aggregate announcements; and eventually buy, sell and swap assets in a single app.

“Our vision is for Metalink to be the one place for NFT collectors to Talk, Track and Transact NFTs,” said Metalink CEO, Jakeu Dell. “No more communicating through web2 messaging apps and separately buying and selling through several different marketplaces. We’re excited about our ‘Talk’ and ‘Track’ features and working hard to make transactions a reality soon.”

The app features novel and secure NFT chat rooms, NFT portfolio management suite, announcement aggregation – and more.
📣 Microsoft dips Teams in the metaverse vat with avatars ahead

Microsoft Teams users are getting more ways to express themselves to other participants on those increasingly frequent video calls. Redmond is continuing to add features that enable users to change the look of their environments during video meetings, from blurring the background to putting shots of scenic vistas behind them. Teams users now are getting more filters to add colorful animation to the screen or change the hue of the video. The visual effects filters, which were put into public preview in January, are being made generally available this month. And for those who just want to turn off the camera and get off the screen during video conferences, Microsoft starting in May will be rolling out 3D avatars that will give other participants something else to look at instead. Video conferencing was already on the rise, but the COVID-19 pandemic almost overnight ramped demand.
YouTubers who promoted FTX are being sued in a class-action lawsuit, claiming $1B in damages.

According to LegalEagle on Twitter, “this is a cut and paste job of the lawsuit against Tom Brady. Literally the same lawyers, plaintiffs, and claims.”
📣 Solana-based NFT website Formfunction to shut down on March 29

Formfunction
, an NFT marketplace platform on Solana, will shut down its website on March 29, about a year after the project raised $4.7 million in a seed funding round. Creators on the platform have been advised to delist their items before March 29. Formfunction launched in February 2022 to support “one of one” NFT creators on Solana. Formfunction said it has supported more than 4,000 creators on its platform and that 60% of them had made at least one sale, with over 600 earning at least $1,000. The website added that 70 creators had earned more than $10,000 each during its run. Despite these successes and the $4.7 million fundraising, Formfunction is shutting down. The March 15 announcement did not give reasons for ending the project, but called the decision “extremely difficult.” Formfunction CEO Katherine Liu thanked team members for their efforts in a statement issued on Wednesday.
Microsoft dips Teams in the metaverse vat with avatars ahead

Microsoft Teams users are getting more ways to express themselves to other participants on those increasingly frequent video calls. Redmond is continuing to add features that enable users to change the look of their environments during video meetings, from blurring the background to putting shots of scenic vistas behind them.

Teams users now are getting more filters to add colorful animation to the screen or change the hue of the video. The visual effects filters, which were put into public preview in January, are being made generally available this month. And for those who just want to turn off the camera and get off the screen during video conferences, Microsoft starting in May will be rolling out 3D avatars that will give other participants something else to look at instead.
🖼 Instagram NFT initiative's swift death mints mourners, mehs

Meta
’s decision to test an initiative that allowed artists to sell NFTs on Instagram was widely considered a positive development for the struggling industry. Now that the tech giant has pulled the plug on the project, web3 enthusiasts’ reaction to the sudden move is all over the place. Krugman’s frustration may resonate with many independent artists. Meta’s new NFT feature allowed him to interact directly with his audience and he could seamlessly sell NFTs on the platform rather than having to redirect potential buyers to third-party marketplaces like OpenSea. Krugman did only one drop on Instagram of 100 NFTs at $50 a piece, which he said sold in under a minute. Meta is moving off of NFTs a little less than five months after launching the initiative that allowed a select few “creators” to showcase and sell “digital collectibles” — NFTs — using Instagram. Stephane Kasriel, Meta’s head of commerce & financial technologies.