Metaverse & NFT News

  • BCM Hunt, the first multi-chain game, promotes GameFi

    The rise of the Gamefi concept changes the profit model, and players share the dividends of game development Recently, the crypto community has ushered in the Summer of GameFi. The investment in the field of blockchain games exceeded US$1 billion, which was only 72 million in the whole year of last year. As the leader of GameFi, Axie Infinity led the entire sector to rise against the market. Gamefi, exemplified by Axie Infinity, has changed the profit model of the production team, binding the interests of the production team to the long-term ecological development…

    2021-10-09 Metaverse & NFT News
  • Review the NFT, DeFi and gaming sectors in the third quarter from the perspective of Dapp

    “If I use one word to summarize the third quarter, it would be’diversification’. Earning while playing has become a key driver in this field. NFT shifts to greater utility and ensures record trading volumes, and the DeFi field becomes more Interesting and more competitive than companies such as Solana and Terra.”-Modesta Jurgelevičienè, Director of Finance and Research, DappRadar From the data of Dapp, the blockchain industry continues to rise steadily. In September, there were an average of 1.7 million active wallet addresses (UAW) connected to any type of Dapp every day,…

    2021-10-09 Metaverse & NFT News
  • Explain in detail the key infrastructure of Metaverse: the status quo, opportunities and challenges of NFT data storage

    Blockchain technology has realized the mapping of currency in the digital world, and has produced a series of homogenized encrypted digital currencies, which has created a wave of investment in encrypted currencies in recent years. Rather than the emergence of non-homogeneous token NFT, we see the possibility of mapping the entire real world. Except currency, most objects in the real world are unique, and their traits and values ​​are different. The characteristics of NFT can perfectly adapt to this situation and realize the generalization of different objects in the digital world….

  • NFT project Bored Ape Yacht Club plans to launch tokens or enter DeFi in the first quarter of 2022

    Bored Ape Yacht Club is the most popular based on Ethernet Square, one of NFT collections this spring to flourish, it has so far produced a turnover of over $ 500 million. What is worth looking forward to is that it will launch BAYC token early next year. According to official Twitter news on October 9, Bored Ape Yacht Club (BAYC) plans to launch ERC-20 tokens in the first quarter of 2022. ERC-20 tokens can be used as rewards for NFT holders, and can be used as governance tokens for DAOs, helping projects expand…

    2021-10-09
  • Is the IQ tax for the virtual figure to be removed within one week of online?

    From online to offline, the digital figure only took a short week. In the eyes of many people, in the wisdom of netizens, this wave of “IQ tax” is not perfect. But what is the difference between a digital figure and a virtual avatar, and what other tricks will NFT have? Text | Zhou Wenbin, Luo Ning Would you buy a digital figure? On September 22, the well-known national comic work Zhenhun Street announced on the official Weibo that three digital figures of “Cao Yanbing”, “Cao Xuanliang” and “Xu Chu” were released…

    2021-10-09 Metaverse & NFT News
  • Tech giants grab a beach in Metaverse and comb out the seven challenges of Metaverse

    Before Meta Universe becomes popular, it will also face challenges such as intellectual property disputes, data privacy, laws, payment systems, technical limitations, and low public acceptance. Original title: “Seven Challenges of the Metaverse” With the listing of Roblox, the concept stock of Meta Universe , in the United States on March 10, 2021, Meta Universe began to accelerate its entry into people’s field of vision. Some people are very optimistic about Metaverse and call it the “Next Generation Internet.” Many giants have also laid out the meta universe one after another, wanting to be the first…

    2021-10-09 Metaverse & NFT News
  • About Metaverse: A conversation has no title

    The title picture comes from “Blade Runner 2049”, author: Wang Ran (Yi Kai Capital) About six years ago, in October 2015, the golden autumn season, I wrote an article “A “Okulas” Future-Why I Believe VR Will Change the Entertainment Industry and the World” . Forget it when you finish writing. If it weren’t for writing this article, I can’t remember to turn it out again. But when I turned it out and read it back, I suddenly discovered that many of the core ideas discussed at that time have a strong connection with the…

    2021-10-09
  • The most expensive fashion NFT series with the first auction value of 5.65 million US dollars released

    Luxury fashion brand Dolce & Gabbana’s highly anticipated Collezione Genesi has achieved great success. The nine NFTs designed by the co-founders of Dolce&Gabbana, Domenico Dolce and Stefano Gabbana, were sold on the UNXD platform for a total of 5.65 million U.S. dollars, becoming the most expensive fashion NFT series ever sold . As a luxury brand, Dolce & Gabbana’s clothing and accessories are at high prices. On the Internet, the cheapest boots sell for more than US$500, and most sell for more than US$1,000. The fashion brand also produces one-off high-end fashions that…

    2021-10-08 Metaverse & NFT News
  • McDonald’s China releases NFT creative work “Big Mac Rubik’s Cube”

    On October 8, 2021, McDonald’s China released the first NFT creative work “Big Mac Rubik’s Cube”, with a total of 188 copies, celebrating its 31st anniversary of entering the Chinese mainland market and the official opening of its new headquarters building on the west bank of Shanghai. “Big Mac Cube” is a three-dimensional dynamic digital creative work inspired by the brand spirit of McDonald’s and the shape of the new headquarters building. Users can view the complete dynamic works through mcdnft.cocafe.co. Public information shows that the “Big Mac Rubik’s Cube” NFT…

    2021-10-08
  • “Metaverse” will profoundly affect the future of financial enterprises

    Communicate with a company specializing in blockchain technology services at the beginning of this year. When talking about the development trend of the currency circle, the boss of the company believes that the currency circle may evolve into a financial service system that is completely different from the current financial format and can operate independently in a closed loop. At the beginning, I didn’t take the other party’s point of view too seriously, but the recent emergence of the concept of meta-universe made me realize that his idea is likely to…

    2021-10-08
  • NFT is not yet able to carry all the imagination of the Metaverse, so let’s start with these urgent problems.

    2021, in the field of encryption assets hotspot known for fast change of speed, NFT from Ethernet Square 2.0 Bitcoin Taproot upgrade, Layer 2, EIP-1559, slot auctions and other heavy events emerged as the industry’s most watched Of the plate. There are too many data that have broken through market awareness, as well as the well-known out-of-circle events, showing us the impressive results that NFT has achieved in its strong rise: Beeple’s NFT work “Everydays: The First 5000 Days” was sold at a sky-high price of US$69.3 million; FeistyDoge NFT set the industry’s highest…

    2021-10-08
  • Paradigm new research: How RICKS solves the NFT fragmentation reorganization and liquidity problems

    Note: The original author is Paradigm research partners Dave White, Dan Robinson, and Fractional protocol founder andy8052. In this article, they describe a NFT fragmentation solution called RICKS. This design solves the reorganization problem and ensures RICKS can always be converted back to its underlying NFT while avoiding the liquidity and coordination issues of all-or-nothing buyout auctions. Content directory 1 Introduction 2. Today’s NFT fragmentation 2.1. Reorganization issues 2.2. Buyout auction 2.3. Purpose of Buyout Auction 2.4. Unexpected buyout 2.5, reserve price 3 Real case study: zombie Punk buyout 3.1…

  • Do NFT buyers have 100% ownership?

    According to the observation of Sister Sa’s team, in the current mainstream digital art/collection/works NFT distribution platforms in China, buyers have three main types of rights and interests in NFT: One is that you can see the blockchain verification information on the platform , including the underlying work information (such as work name, work introduction, author), holder (ie NFT buyer), circulation information (such as issuance time, transaction time, and corresponding Transaction hash value); The second is a symbolic display . For example, users can get a page on the platform with the…

    2021-10-08
  • What kind of business map will be laid out in the future behind the popular Metaverse concept?

    The meta universe is expanding. An immersive world full of interactive experiences is opening up in front of us, and because of the emerging Play to Earn model and NFT, economic opportunities have emerged. Investors are increasingly investing in disruptive meta-universe startups that have the potential to bring substantial returns. “Meta universe” market undercurrents internationality In March 2021, Roblox , the first stock of the meta universe concept, was listed on the NYSE with the concept of “meta universe”, and its market value exceeded US$40 billion on the first day; In April 2021, Nvidia CEO…

    2021-10-07 Metaverse & NFT News
  • NFT market reappears “a hundred schools of thought” CrypToadz sells for $17.7 million in a week

    According dune data show that the Ethernet Square NFT PFP (profile picture) Project Cool Cats and CrypToadz this week ushered in the first one-week sales of $ 1 million. The NFT market became active again this week, and the leading NFT trading market OpenSea set the highest trading volume in three single days since the beginning of September. In the week of increased sales, the two increasingly well-known PFP projects “Cool Cats” and “CrypToadz” have also completed their respective milestones. The sales of their respective secondary market NFTs exceeded $1 million this week. This is a level that only a…

    2021-10-07
  • Sun Zhengyi makes a comeback: betting on NFT and encrypted payment

    When it comes to Softbank and its founder Sun Zhengyi, people are no strangers. Japan’s SoftBank Group, led by Sun Zhengyi, has invested heavily in the world, and his investment in Yahoo and Alibaba has made him famous. However, the creators of myths also lost time in Maicheng. In 2017, when Bitcoin rose wildly, Sun Zhengyi invested a huge amount of money. He admitted that after investing in Bitcoin, he would spend a lot of time to check price trends, which has affected his focus on SoftBank’s business. Therefore, he soon sold his bitcoins. According…

    2021-10-06
  • Analyze the characteristics of the NFT platform and its ranking status

    After years of development and iteration, a multi-faceted encryption ecosystem has finally begun to emerge. Especially for industries such as DeFi and NFT, innovation shows no signs of slowing down. Quite the opposite. Every new application and use case builds on the previous content. Without Ethereum , none of this would have happened, and a value of $1.5 trillion was settled in the first quarter alone. Ethereum is the place with the most liquidity, tools, and users. This is where the action takes place. For organizations interested in pursuing their own NFT strategy, Ethereum can be said to be the best…

    2021-10-06 Metaverse & NFT News
  • Hype or consensus? Explore the connotation and extension of NFT avatar

    It can be seen that the NFT avatar is showing strong development potential with a momentum, but where does its value come from? In fact, from the perspective of avatars alone, the value of current avatar-like NFTs is mainly reflected in the following three points, namely, identity, scarcity, and financial attributes. Digital identity. In fact, identity is the most iconic long-term intrinsic value of the avatar category. “Identity” is the mark that everyone is born with. According to different time and space, people have different identity attributes, and there is a unique proof…

    2021-10-06
  • 7 cutting-edge games worth paying attention to in the Metaverse. Who will be the next Axie Infinity?

    The meta universe is expanding. An immersive world full of interactive experiences is opening up in front of us, and because of the emerging Play to Earn model and NFT, economic opportunities have emerged. Although it is too early to say whether Metaverse will be widely adopted, and in the process Metaverse will become a hub where participants can play, work and socialize, some blockchain-based virtual reality (VR) applications A certain degree of success has been achieved. At the same time, investors are increasingly investing in disruptive meta-universe startups that have the potential…

    2021-10-06
  • Earn graphs while X: more than Play to Earn

    As long as people are doing work, they are generating value, but the difference in work results in the difference in value conversion rate. Any value can be realized, but the realization rate is uneven. The agreement unifies the input of work and the output of value, which greatly reduces friction and increases the conversion rate. Some time ago, the explosion of Axie Infinity made the Play-to-Earn model widely discussed, and the Filipinos benefited a lot from it. However, playing is not the only way to make money. In the world of Web3.0, a resource coordination…

    2021-10-06