The Saudi Ministry of Culture, in partnership with droppGroup and Oracle, confirmed the launch of the ‘Cultural Universe‘, a government-operated national Metaverse initiative for exploring Saudi culture and heritage. Operated by droppGroup’s Generative Media Intelligence (GMI) AI system, droppPhygital, and Oracle’s Hyperledger Fabric 2.5 blockchain network, the initiative went live on February 22, 2024, aligning… Continue reading Saudi Ministry Of Culture And droppGroup Introduce ‘Cultural Universe’
Category: NTF
Bifrost Gets Polkadot Treasury Loan To Enhance vDOT Adoption
Bifrost has acquired a massive boost in its efforts to power the adoption of its liquid-staked version of DOT, vDOT, with a 500,000 DOT loan offered by Polkadot’s treasury. The purpose of the loan is to boost the adoption, utilities, and use cases of vDOT in the DeFi space within the Polkadot network. With its… Continue reading Bifrost Gets Polkadot Treasury Loan To Enhance vDOT Adoption
Pudgy Toy’s Countrywide Expansion: Now Available In 3,100 Walmart Stores
Pudgy Penguins has confirmed the expansion of its partnership with Walmart. The partnership highlights 1,100 new locations comprising Pudgy Toys and exclusive Walmart collectibles, marking another notable milestone in their joint venture. Pudgy Penguins introduced Pudgy Toys, a cute collection of physical collectibles inspired by their successful NFT collection, in May 2023. This brand rapidly… Continue reading Pudgy Toy’s Countrywide Expansion: Now Available In 3,100 Walmart Stores
Forbes Dives Deep Into The Sandbox Metaverse
Forbes officially entered the metaverse by setting up a permanent presence within The Sandbox. Notably, the move highlights Forbes’ recognition of the metaverse and Web3’s growing potential to boost digital interaction and community engagement. Establishing the virtual land confirms the global media firm’s intention to boost a community hub for its Web3 audience. Forbes Dives… Continue reading Forbes Dives Deep Into The Sandbox Metaverse
A Trader Made $13 Million Selling An Early Ethereum NFT Collection
The $14.5 million sale of 10 Autoglyphs marks one of the largest non-fungible token (NFT) trades recorded on-chain. A high-value NFT trader has just realized a $13 million profit after they sold 10 early Ethereum NFTs they acquired around three years before. This pseudonymous trader, who goes by the name OldSchoolCollection on NFT marketplace OpenSea,… Continue reading A Trader Made $13 Million Selling An Early Ethereum NFT Collection
The Mumbai Metaverse: Connecting Urban Development And Technology
Imagine being in a virtual city where the bustling cityscape and intricate infrastructure come to life before your eyes. The futuristic vision is now a reality due to the Mumbai Megapolis Metaverse project, which operates as a digital twin for the city. Mumbai Metaverse Unleashed During Mumbai Tech Week on February 18, the Maharashtra Department of… Continue reading The Mumbai Metaverse: Connecting Urban Development And Technology
Enhancing Brand Growth Amidst NFT Market’s Rebound
Recent data published by Binance Research displayed a considerable rebound in NFT trading, highlighting a perfect time for brand growth by leveraging Web3 strategies. NFT trade volumes increased by a massive 77% in December 2023, marking 2023’s peak. Such an explosive surge is opening up lucrative opportunities for new and experienced traders and investors in… Continue reading Enhancing Brand Growth Amidst NFT Market’s Rebound
Palm Collective Opened Doors For Artists To Display At NFT Paris Exhibition
Palm Collective, a major partner to Polygon Labs, announced an exciting opportunity for artists to display their work at the NFT Paris event. The event, which starts on February 23, has managed to bring together art and blockchain technology, offering a platform for artist to showcase their creations in the world of non-fungible tokens (NFTs).… Continue reading Palm Collective Opened Doors For Artists To Display At NFT Paris Exhibition
How Did Afronifty Leverage Afrobeats’ Rise To Become The Biggest NFT Marketplace In Africa?
The NFT market has been on the rise in recent years. When Afronifty launched in September 2021, the crypto industry, valued at around $3 trillion, was booming at its peak. The Non-Fungible Token (NFT) Marketplace had a niche mission that was in equal parts ambitious and auspicious for the thriving market: to use blockchain technology… Continue reading How Did Afronifty Leverage Afrobeats’ Rise To Become The Biggest NFT Marketplace In Africa?
The Sandbox Introduced Builder’s Challenge With 1M SAND Prize Pool
On February 12, 2024, The Sandbox confirmed it will launch its forthcoming Builder’s Challenge. The competition strives to highlight the creator’s talents and innovative spirit globally, offering an impressive prize pool of 1,000,000 SAND. In ten weeks, participants will aim to engage the Sandbox community with their distinct creations, leveraging the latest features of their… Continue reading The Sandbox Introduced Builder’s Challenge With 1M SAND Prize Pool