🇸🇦 Saudi Ministry Launches 1st National Cultural Metaverse Platform in the World
The Ministry of Culture announced Friday the launch of the first national initiative in the world of the Metaverse supported by the artificial intelligence system for Generative Media Intelligence (GMI), SPA said on Saturday. The initiative is launched in partnership with droppGroup and its World's First 'Phygital' Metaverse using Hyper ledger Fabric 2.5 block chain technology, which is represented by the Saudi Heritage Metaverse platform.
The Ministry of Culture announced Friday the launch of the first national initiative in the world of the Metaverse supported by the artificial intelligence system for Generative Media Intelligence (GMI), SPA said on Saturday. The initiative is launched in partnership with droppGroup and its World's First 'Phygital' Metaverse using Hyper ledger Fabric 2.5 block chain technology, which is represented by the Saudi Heritage Metaverse platform.
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🔫 Metaverse for healthcare market expected to reach almost $500B by 2033
The metaverse continues to move toward mainstream adoption in 2024. While it has yet to find a killer app to spur mass adoption, it has found its niche within the healthcare market, where telemedicine, surgical training methods and futuristic surgical methods have prompted a flurry of positive speculation. According to these reports, the global metaverse healthcare market was valued at around $8.97 billion to $10.5 billion in 2023.
The metaverse continues to move toward mainstream adoption in 2024. While it has yet to find a killer app to spur mass adoption, it has found its niche within the healthcare market, where telemedicine, surgical training methods and futuristic surgical methods have prompted a flurry of positive speculation. According to these reports, the global metaverse healthcare market was valued at around $8.97 billion to $10.5 billion in 2023.
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🔵 Circle and NFT-Driven Game ‘Overdare’ Collaborate on Web3 Wallets and USDC Payouts
Stablecoin issuer Circle and South Korean NFT-driven metaverse ‘Overdare’ are teaming up to allow game developers to build in-game Web3 wallets within the platform. The collaboration will also empower game creators to facilitate direct USDC payouts on the platform, as per a Monday announcement. Developed by Krafton, the studio behind PUBG, Overdare is a create-to-earn metaverse game slated for a global launch in the second half of 2024.
Stablecoin issuer Circle and South Korean NFT-driven metaverse ‘Overdare’ are teaming up to allow game developers to build in-game Web3 wallets within the platform. The collaboration will also empower game creators to facilitate direct USDC payouts on the platform, as per a Monday announcement. Developed by Krafton, the studio behind PUBG, Overdare is a create-to-earn metaverse game slated for a global launch in the second half of 2024.
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🖼 Circle Partners PUBG Creator Krafton and Naver Z for “Overdare” NFT Game
Circle Internet Financial, Krafton, Inc., and NAVER Z Corporation have announced a groundbreaking partnership to launch the “Overdare” NFT game. The collaboration aims to revolutionize the mobile gaming landscape by integrating cutting-edge technology and innovative features. At the core of this partnership lies the Overdare platform, developed by OVERDARE, Inc. This platform boasts advanced AI-generative tools and features, promising an immersive gaming experience tailored to both gamers and creators.
Circle Internet Financial, Krafton, Inc., and NAVER Z Corporation have announced a groundbreaking partnership to launch the “Overdare” NFT game. The collaboration aims to revolutionize the mobile gaming landscape by integrating cutting-edge technology and innovative features. At the core of this partnership lies the Overdare platform, developed by OVERDARE, Inc. This platform boasts advanced AI-generative tools and features, promising an immersive gaming experience tailored to both gamers and creators.
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🖼 XXXTentacion's Estate Set to Release Unreleased Songs as NFTs
XXXTentacion’s estate is keeping the artist’s legacy by turning a new set of unreleased songs into NFTs. XXXTentacion’s former manager Solomon “Sounds” Sobande and his estate—which is run by his mother Cleopatra Bernard—YellowHeart to create the non-fungible tokens. Although the songs are formerly unreleased, Sobande explains that the five tracks aren’t brand new. In fact, they’re from X’s time as a SoundCloud sensation.
XXXTentacion’s estate is keeping the artist’s legacy by turning a new set of unreleased songs into NFTs. XXXTentacion’s former manager Solomon “Sounds” Sobande and his estate—which is run by his mother Cleopatra Bernard—YellowHeart to create the non-fungible tokens. Although the songs are formerly unreleased, Sobande explains that the five tracks aren’t brand new. In fact, they’re from X’s time as a SoundCloud sensation.
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🔵 OpenSea NFT Delisting Sparks Retaliatory Move from Game Developers
OpenSea, once a dominant force in the NFT marketplace, has hit turbulent waters. The platform finds itself metaphorically shipwrecked along the digital shores of the Web3 game OpenSeason. This dramatic turn of events comes after OpenSea made the controversial decision to delist the game’s NFT passes, sparking widespread discussion in the community. Developer Fractional Uprising Studios tweeted earlier this month that OpenSea’s reasons for delisting OpenSeason passes were “false”.
OpenSea, once a dominant force in the NFT marketplace, has hit turbulent waters. The platform finds itself metaphorically shipwrecked along the digital shores of the Web3 game OpenSeason. This dramatic turn of events comes after OpenSea made the controversial decision to delist the game’s NFT passes, sparking widespread discussion in the community. Developer Fractional Uprising Studios tweeted earlier this month that OpenSea’s reasons for delisting OpenSeason passes were “false”.
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🖼 Yuga Labs and Magic Eden launched Ethereum NFT Marketplace.
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🖼 Robinhood Wallet Launches Exclusive NFT Giveaway From Notable.art
Robinhood Wallet users can now participate in the new giveaway from Notable.art, a new fine-art-centric platform bridging digital and physical art. Specifically, they can acquire exclusive digital sketches from prominent American artist Hunt Slonem. The campaign will consist of four total NFT giveaways happening once every two weeks. Each of these will feature different artwork by Slonem. They will be minted on Notable and delivered directly to users’ wallets.
Robinhood Wallet users can now participate in the new giveaway from Notable.art, a new fine-art-centric platform bridging digital and physical art. Specifically, they can acquire exclusive digital sketches from prominent American artist Hunt Slonem. The campaign will consist of four total NFT giveaways happening once every two weeks. Each of these will feature different artwork by Slonem. They will be minted on Notable and delivered directly to users’ wallets.
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🖼 Musée d’Orsay Reveals NFT Auction Tied to Historic On-Chain Exhibition
Musée d’Orsay’s first-ever commission of an on-chain exhibition will hit the market—the product of two experimental artists, months of coordination by the museum’s leadership, and thousands of exhales from unknowing strangers. The installation, a steel sculpture titled “Sigma Lumina,” was created by the French artist and DJ Sébastian Devaud (aka Agoria) in collaboration with the artist Johan Lescure.
Musée d’Orsay’s first-ever commission of an on-chain exhibition will hit the market—the product of two experimental artists, months of coordination by the museum’s leadership, and thousands of exhales from unknowing strangers. The installation, a steel sculpture titled “Sigma Lumina,” was created by the French artist and DJ Sébastian Devaud (aka Agoria) in collaboration with the artist Johan Lescure.
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🖼 MixMob Origin Acquires Star Wars NFT Rights for Gaming
The Original Stormtrooper recognized globally for its distinctive white armor, has been a symbol of the Star Wars saga’s enduring appeal. By securing the NFT licensing rights, MixMob Origin not only pays homage to this cultural icon but also pioneers a new era of gaming experiences. Players can now engage with the Original Stormtrooper as collectible NFTs in the MixMob game.
The Original Stormtrooper recognized globally for its distinctive white armor, has been a symbol of the Star Wars saga’s enduring appeal. By securing the NFT licensing rights, MixMob Origin not only pays homage to this cultural icon but also pioneers a new era of gaming experiences. Players can now engage with the Original Stormtrooper as collectible NFTs in the MixMob game.
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🔵 OpenSea NFT Sales Plunge to Three-Year Low in February Amid Shrinking User Base
OpenSea, once a bustling marketplace in the NFT bull market, has seen its monthly NFT sales drop to the lowest level in three years as of February, with a significant decrease in user transactions. The decline in sales volume contrasts with a slight increase in sales revenue, highlighting the volatile nature of the NFT market. In a startling turn of events, OpenSea recorded only 199,000 NFT sales in February, a 33% decline from the 297,000 transactions in January. T
OpenSea, once a bustling marketplace in the NFT bull market, has seen its monthly NFT sales drop to the lowest level in three years as of February, with a significant decrease in user transactions. The decline in sales volume contrasts with a slight increase in sales revenue, highlighting the volatile nature of the NFT market. In a startling turn of events, OpenSea recorded only 199,000 NFT sales in February, a 33% decline from the 297,000 transactions in January. T
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🔫 Forbes Ventures into The Sandbox Metaverse, Eyeing Web3 Community Engagement
Forbes has marked its entry into the virtual world by acquiring land in The Sandbox (SAND) metaverse on February 20, 2024, signaling a bold step towards leveraging the burgeoning potential of Web3 for community engagement and interactive experiences. This strategic move not only underscores the growing interest of traditional companies in the metaverse but also highlights the increasing value of virtual real estate within these digital realms.
Forbes has marked its entry into the virtual world by acquiring land in The Sandbox (SAND) metaverse on February 20, 2024, signaling a bold step towards leveraging the burgeoning potential of Web3 for community engagement and interactive experiences. This strategic move not only underscores the growing interest of traditional companies in the metaverse but also highlights the increasing value of virtual real estate within these digital realms.
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💰 #Solana based #Solchatcoin Introduces Wallet-to-wallet Audio Calls
“Your Calls Are Peer-to-peer, Connecting Directly Between Your Browser And Your Friend’s, Ensuring That Your Conversations Are Encrypted”
“Your Calls Are Peer-to-peer, Connecting Directly Between Your Browser And Your Friend’s, Ensuring That Your Conversations Are Encrypted”
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🔫 Virtual gang rape reported in the Metaverse; probe underway
British authorities are grappling with the investigation of an alleged gang rape that occurred within the realm of a virtual reality (VR) game, the New York Post reported. Although physically unharmed, the victim may have experienced psychological trauma akin to a real-life assault, shedding light on the potential emotional repercussions of metaverse crimes. The world first case has raised eyebrows over the inadequacy of existing laws in addressing virtual offences.
British authorities are grappling with the investigation of an alleged gang rape that occurred within the realm of a virtual reality (VR) game, the New York Post reported. Although physically unharmed, the victim may have experienced psychological trauma akin to a real-life assault, shedding light on the potential emotional repercussions of metaverse crimes. The world first case has raised eyebrows over the inadequacy of existing laws in addressing virtual offences.
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🖼 Someone Just Bought a CryptoPunks NFT for $16 Million in Ethereum
An anonymous individual purchased a CryptoPunks NFT for over $16 million worth of cryptocurrency on Monday, in the second-largest transaction for a CryptoPunk ever recorded. For a whopping 4,500 ETH—worth $16.03 million at the time of sale—an Ethereum user whose identity has yet to be revealed purchased CryptoPunk #3100 just after 9:30 am EST this morning. The user’s wallet was created only four days ago, and used exclusively to purchase the NFT.
An anonymous individual purchased a CryptoPunks NFT for over $16 million worth of cryptocurrency on Monday, in the second-largest transaction for a CryptoPunk ever recorded. For a whopping 4,500 ETH—worth $16.03 million at the time of sale—an Ethereum user whose identity has yet to be revealed purchased CryptoPunk #3100 just after 9:30 am EST this morning. The user’s wallet was created only four days ago, and used exclusively to purchase the NFT.
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🔫 Scientists use WiFi signals to track human movement for the metaverse
A team of researchers from Nanyang Technological University in Singapore recently unveiled a new method for tracking human movement for the metaverse. One of the key features of the metaverse is the ability to represent real world objects and people in the digital world in real time. In virtual reality, for example, users can turn their heads to change their viewpoints or manipulate physical controllers in the real world to affect the digital environment.
A team of researchers from Nanyang Technological University in Singapore recently unveiled a new method for tracking human movement for the metaverse. One of the key features of the metaverse is the ability to represent real world objects and people in the digital world in real time. In virtual reality, for example, users can turn their heads to change their viewpoints or manipulate physical controllers in the real world to affect the digital environment.
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