Crypto Insider
1.87M subscribers
6.5K photos
455 videos
5.7K links
💡 Your premier source for crypto.
📩 Reach out: @strategy
Download Telegram
​🖼 Nike’s Airphoria NFT Sneaker Hunt Takes Over Fortnite

Nike
, the global footwear and apparel giant, has recently hinted at the possibility of releasing a collection of sneaker non-fungible tokens (NFTs) in the widely popular online game Fortnite. This move would present a potentially massive opportunity for Web3 adoption by traditional gamers, given that Fortnite has had more than 242.9 million active players over the past 30 days, according to Active Player. The announcement was made on June 16 across Nike’s social media channels, stating that the “ultimate Sneakerhunt begins” on June 20. The accompanying video features Fortnite’s logo and Nike’s Air Max logo front and center amidst a backdrop of floating clouds in the sky. Then, the video transitions to reveal the name of the sneaker hunt, “Airphoria,” followed by Nike’s logo for its web3 platform.SWOOSH alongside the logo for Epic Games’ Unreal Engine. Details are currently scarce, but members of the NFT community speculated that Nike may have built an NFT-related game using Fornite Creative 2.0, which essentially enables users to create their virtual island game maps using Fortnite assets.
Clay Nation: The First Cardano-Based Project To Join The Sandbox Metaverse

Clay Nation partners with The Sandbox as the first Cardano-based project, welcoming web3 participants to the metaverse. Cross-chain PFP-avatar collection interoperability allows Clay Nation Cardano NFT holders to integrate their avatars into The Sandbox, offering unique in-game experiences. The collaboration brings Sonic Sands, an immersive world of music, collectibles, and creativity, with mini-games and vibrant social spaces for players to explore.

This means merging two captivating worlds. Imagine crafting unique wearables and sought-after items using in-game resources or browsing the vibrant in-game merch store for exciting additions.
​📣 India's metaverse platform Bharatmeta receives global recognition at VivaTech in Paris

India
is poised to become a major player in the metaverse technology landscape, as showcased by Kiya.ai, an India-based company specializing in Artificial Intelligence and emerging technology solutions. At the prestigious VivaTech event held in Paris 2023, Kiya.ai unveiled its version of the metaverse called Bharatmeta, making it the first of its kind from India. The demonstration took place at the India Pavilion during the event ‘VivaTech’ , which is recognized as Europe's largest annual technology and startup gathering. With a presence in 12 global offices, Kiya.ai serves more than 550 enterprises across 56 countries, including South-East Asia, Africa, the Middle East, Europe, and North America. While talking to ANI, Rajesh Mirjankar, the Managing Director and CEO of Kiya.ai, explained that while existing global platforms primarily focus on gaming and virtual goods, his company's emphasis is on enabling the commerce of both physical and virtual products. This unique approach allows real businesses to embrace metaverse technology and leverage its potential. The metaverse refers to a multi-dimensional digital space that employs virtual reality and augmented reality to provide lifelike experiences to users online.
❤1
Basic terms and terminologies in NFT|Metaverse

OS

OS is shorthand for OpenSea, the leading NFT marketplace on Ethereum.
​📣 Transcosmos launches a Metaverse Fan Community with QON

transcosmos
inc. is delighted to announce that the company launched MINNA-NO Metaverse Community with QON Inc. (Headquarters: Minato-ku, Tokyo; Representative Director & CEO: Takashi Takeda), on June 1, 2023. As the name indicates, a metaverse fan community, MINNA-NO Metaverse Community, welcomes everyone including those who enjoy the metaverse experience every day as well as those who know nothing about the metaverse. MINNA-NO Metaverse Community opened in KIZUNA-NO Community, or community built on strong Bonds. KIZUNA-NO Community is an online fan community platform launched in January 2020, and is operated by QON. Today, more than 40 companies and local governments and over two million consumers come together on the platform, interacting on various events and activities on the theme of KIZUNA – Bonds. Members can not only enjoy collaborative plans between member companies and organizations, but also events planned based on the voice of consumers gathered through two-way communication for co-creating value.
Metaverse to help tackle global warming: Study

A recent study suggests that the metaverse, a virtual 3D environment where the physical and digital worlds merge, has the potential to contribute to the reduction of global surface temperatures by up to 0.02 degrees Celsius by the end of the century. Published in the journal Energy & Environmental Science, the study highlights the metaverse's ability to lower greenhouse gas emissions, decrease atmospheric carbon dioxide concentration.

The study emphasizes the potential benefits of metaverse-based remote working, distance learning, and virtual tourism in improving air quality. By reducing transportation and commercial energy usage, the metaverse can also contribute to transforming energy distribution, with a greater energy supply directed towards the residential sector.
​🖼 OVAL3 Fantasy NFT Rugby Collection launches on Binance NFT Marketplace

As
the Rugby World Cup approaches in September, OVAL3, which holds the official licenses for LNR and MLR, is launching its NFT collection on Binance's NFT marketplace. After the NFT frenzy in the fields of football and basketball, OVAL3 has come to fulfill the rugby fans' desires by quickly becoming the global leader in digital entertainment for this sport. OVAL3 is the web3 fantasy game dedicated to rugby and is now on the verge of launching a portion of its unique NFT collection. OVAL3 aims to bring all professional rugby clubs to the heart of Web 3.0. They want to offer supporters and players an immersive fantasy league game that combines this magical sport with NFTs. To achieve this, the company has already signed several exclusive partnerships with the french Ligue Nationale de Rugby (LNR) and the american Major League Rugby (MLR). With the official license from the Ligue Nationale de Rugby for a duration of 9 years, which covers the prestigious TOP14 and its second division PROD2, OVAL3 has associated more than 1500 players and 30 professional clubs with the project. The platform quickly gained global prominence through its partnership with the rapidly growing Major League Rugby (MLR).
Basic terms and terminologies in NFT|Metaverse

10k project

A 10k project is an NFT collection consisting of approximately 10,000 avatars. This type of NFT was arguably pioneered by the CryptoPunks collection in 2017 with many new ones following since then.
​🖼 NFT Platform iBox Fined 400,000 RMB for Violating China's Anti-Unfair Competition Law

Hainan
Chain Box Technology Co., Ltd, a company associated with the popular Chinese NFT (digital collectible) platform iBox.art, has recently faced a penalty of 400,000 RMB for violating China's Anti-Unfair Competition Law. The law aims to ensure fairness in business promotions, stating that the maximum value of a top prize in a lottery-style sales event should not exceed 50,000 RMB. During two promotional campaigns, Hainan Chain Box Technology Co., Ltd disregarded this regulation by offering extravagant prizes. The company's actions have come under scrutiny following user complaints about iBox.art abruptly shut down the digital collectible resale market without obtaining user consent. This move effectively blocked transactions involving collectible items. China has been closely monitoring NFTs and digital collectibles due to the potential risks involved. The Supreme People's Procuratorate of China, the country's leading legal agency, recently issued warnings about the dangers of NFTs, emphasizing the need for new legislation to govern this emerging asset class. The agency highlighted that NFTs share characteristics with virtual properties and urged caution in their trading.
BREATHE! Convention Charts New Territory with World's Largest Communal NFT

BREATHE! Convention, a leading event in the emerging tech space, proudly announces a groundbreaking endeavor to set a new Guinness World Record with the creation of the World’s Largest Communal NFT, during its upcoming convention in Las Vegas from September 13 to 15, 2023. At the heart of this year's convention is a monumental collaborative art project spearheaded by tech industry veteran and creative thinker, Aaron Vick.

Notable events recently on the Tezos Blockchain include the artist Refik Anadol's 3D installation displayed at the MOMA in NYC, which provided viewers a commemorative NFT. BREATHE! Convention continues to build itself as the premier platform for innovators, artists, and leaders in the emerging tech space. This year's convention is committed to showcasing an exciting, historic event that will inspire, educate, and empower attendees.
​🖼 Foundation claims to fix 'self-destruct' feature that could have wiped out its NFTs

NFT
platform Foundation claims to have fixed issues concerning a self-destruct function that theoretically could have been used to wipe out all NFTs minted through its platform. "This has been fixed for contracts deployed before 3/6," said Foundation co-founder and CTO Elpizo Choi on Twitter. "Contracts deployed after 3/6 were already safe - the owner of the implementation contract was set to 0, and the contract could not have been self destructed." All NFT collections on Foundation are minted using a single deployer contract and employ a "forwarder proxy," a design feature intended to reduce transaction fees during contract deployments. This itself isn’t concerning — it’s the fact the contract contained a “self-destruct” function that posed a severe threat to all collections minted on the platform. This feature was originally meant to allow creators to destroy (or burn) their own collections if needed but it posed a risk to any NFT created with it. The concern was that, should a hacker gain control of these two keys, they could hold all the NFTs for ransom or destroy them entirely.
Bitcoin has broken $30,000 for the second time this year amid bullish sentiment in the market following a number of traditional finance players pushing further into crypto.
​🖼 NFL Rivals Scores 1M Downloads for NFT-Based Mobile Game

NFL Rivals, a free-to-play game from Mythical Games, has managed to score over a million downloads despite debuting amidst a harsh crypto environment and in the off-season of the NFL itself. Debuting on April 26 in the Google Play and Apple Stores, the game was met with early enthusiasm, rising to the top spot in the App Store, which Mythical Games CEO John Linden captured on Twitter at the time.  “We're sitting at a 4.8 out of five on [the App Store] with nearly 22,000 reviews, which is great.”. Other stats shared with CoinDesk by Mythical Games noted that NFL Rivals has seen nearly 15 million matches played and that on average, players have six gaming sessions per day, showing the stickiness of the experience. The fact that the player cards are NFTs is “behind the scenes” for most players, Linden noted, who are able to play the game without purchasing any NFTs. “Every player gets a wallet in the game, and then most of them probably don't know it's a wallet until they want to start interacting with the marketplace to buy, sell or trade.” The NFTs in the game are player cards used to build out teams and compete in the game. Each player card has different rarity levels from common to legendary and are assigned different strengths and weaknesses.
In an unprecedented move, Yuga Labs and Zak Group are collaborating to publish an official book on CryptoPunks.

This collaboration is intended to bring the untold stories of the CryptoPunks collection to light, going beyond the web3 community to resonate with a wider audience.

The project aims to detail each Punk meticulously, featuring insights from influential figures in web3, digital art, design, and technology.

Breaking away from traditional publishing methods, the CryptoPunks catalog will be a community-driven venture. The development of the catalog will rely heavily on direct input from holders.

Pre-sales will begin in the fall of 2023, and the finished book is expected to release this winter.
​🖼 Home Improvement Giant Lowe's Is Selling an Mfers Meme NFT Garden Flag

Home
improvement giant Lowe's this week released a physical garden flag featuring characters from mfers, a popular non-fungible token (NFT) project that exists in the public domain under a Creative Commons classification known as a CC0 license. Under this designation, anyone can use mfers NFT characters to create any type of commercial good, which is exactly what Stephen Thompson and his brother-in-law Matthew Varnell did. "This is the PFP [profile picture] project if you ever wanted to do anything fun," Thompson, a lawyer by trade, told CoinDesk. The two men recently started a company called Total Marketing Web3, or TM3 for short, as an umbrella company to oversee different projects that will combine NFT lore and real-world commercial products. Their first product called the "Evergreen Siezenals" garden flag is 1 foot wide by 1.5 feet high and features the phrase "cc0 summer 2023" above an image of two NFT characters sipping tropical drinks on the beach. The flag, referred to as "seizen #1/edition #1" in the website description, retails for $39.98. According to Thompson and Varnell's website, there will only be 1,000 available, with each flag linked to a replica NFT redeemable online.
Here's a quick overview of the biggest NFT sales from the last 30 days.
​⚡️ WhatsApp Takes a Step into the Metaverse with Meta Quest Integration

WhatsApp
is venturing into the metaverse by integrating with Meta Quest, offering a glimpse of its metaverse plans beyond Avatars. An upcoming update may allow users to link their WhatsApp accounts with Meta Quest VR headsets, improving the user experience. While still in development, this feature shows progress and potential, indicating WhatsApp’s role in Meta’s metaverse ambitions. Expect an integrated experience in the future. The metaverse was the talk of 2022, but many of us are still waiting for our chance to give it a try. We’re all wondering how our favourite apps will adapt to this. WhatsApp gave us a glimpse of its metaverse plans when it introduced Avatars last year. Now, in its latest beta version, WhatsApp takes it further by using metaverse hardware with support through linking with the Meta Quest. WhatsApp update, users may be able to officially connect their accounts to Meta Quest VR headsets. WABetaInfo discovered this feature while exploring the new beta 2.23.13.6 release. Although the Meta Quest-linked device feature is still in development and no official announcements have been made.
❤1
This media is not supported in your browser
VIEW IN TELEGRAM
Mercedes-Benz is working on a new function that allows drivers to display NFTs by connecting their wallet .

The feature would be displayed through an in-car app for digital art. Drivers simply connect their crypto wallet, then interact with the touch screen to browse and select NFTs.

Mercedes is still experimenting, but the feature will be tested in the new Mercedes-Benz E-Class.
​🖼 GameFi delivers Oasys Navi NFT gaming marketplace

GameFi
forms an exclusive partnership with Oasys and jointly delivers its Oasys Navi NFT gaming marketplace. This is the latest project that has been unsheathed by the two entities. The project will be responsible for organizing prime gaming-oriented NFT launches.  GameFi, on its part, will be backing INO and IDO campaigns that exist on the Oasys blockchain, as well as other fresh NFT projects. In the case of the uninitiated, GameFi is basically a Web3 platform, while Oasys is a well-known and respected Japanese gaming blockchain. According to the Head of Ecosystem Alliance at Oasys, Yas, they are looking forward to taking this partnership forward and making a difference to the overall Web3 gaming market as well as creating an atmosphere of all-inclusiveness where the whole gaming community is concerned. As a mark of commitment from their side, they have jointly come out with the Oasys Navi NFT marketplace.   As a part of their next plan of action, the two companies, GameFi, together with Oasys, will be involved with the deliverance of a beta version of an NFT marketplace. There will be a game dashboard and a mainnet launch which is in the offing. Collectively, the two entities will be delivering INOs, and features like tournaments will also be in the picture in the very near future.
Nouns DAO has launched part 1 of its inaugural full-length animated cinema, "The Rise of Blus: A Nouns Movie," fully funded by the DAO .

The movie showcases NFTs that are well-loved in the Nouns community and, in so doing, achieves the distinction of being the first film in animation to be financed by a DAO.

The company behind the production is Atrium, an animation studio housing a network of self-sufficient artists and creatives.

Atrium's previous collaborations have included industry giants like Pixar, Netflix, and Marvel.