HypeAuditor, the AI analytics platform for brands seeking fair, transparent, and effective influencer marketing, released new data revealing the state of non-fungible tokens (NFTs) on Instagram following the announcement that it will start integrating NFTs from blockchains, like Ethereum, Solana, Flow and Polygon, testing digital collectibles with select creators in the US.
Improbable, the UK-based metaverse technology company, announced that it has raised US$150 million in funding to establish and develop M² (MSquared), a network of interoperable Web3 metaverses powered by its Morpheus technology. The global metaverse revenue opportunity is expected to be worth $800bn by 2024, according to Bloomberg Intelligence, and has seen heavy investment in recent months.
Australia’s leading and most trusted cryptocurrency exchange CoinSpot has announced its innovative partnership with Sydney’s first major international NFT exhibition “Satellite”, a free event that will give Sydney-siders their first peek at the world of NFTs. Running from 9 March through to 3 April 2022 at Twenty Twenty Six Gallery in Bondi Beach, NSW, Satellite will present over 40 unique pieces from some of the world’s leading NFT artists including Beeple, Trevor Jones, BossLogic and Serwah Attfua to name a few.
Lately, metaverse projects have been gaining traction in the crypto and blockchain space, with gaming as one of the most pursued activities. Games like Axie Infinity have made history, having generated roughly US$780 million in sales within 30 days back in June 2021. This game has since reached US$1.1 billion in sales and a valuation of about US$3 billion. Some of this success can be attributed to its play-to-earn model, which is also partly behind the success of other metaverse games. These include Silk, My Neighbor Alice, Gods Unchained, CryptoKittties, Pirate X Pirate, Forest Knight and Mines of Dalarnia.
CoinFund, a leading web3-focused investment firm, announced its partnership with emission assessment leader, Apex Group, and transparent carbon removal leader, Nori, to calculate and offset its 2021 bitcoin carbon footprint as part of its active engagement with sustainability efforts across web3.
TRON, the network home to the most-used TRC20-USDT (over 12 million users), has recently announced a high-profile launch of the decentralized algorithmic stablecoin USDD. This move marks a self-imposed revolution or correction for the crypto industry. As the most critical entry point to the industry and a bridge linking the virtual world and reality, stablecoins, in a centralized system, are not fit candidates to fulfill blockchain's ultimate mission of decentralization. Now, here comes the million-dollar question.
Guild of Guardians, an NFT-based mobile role-playing game (RPG) published by Immutable and developed by Stepico Games announced that its Mythic Hero Lia, the priestess of illumination in the game has been sold for more than $273k, the largest amount paid for a Layer 2 NFT.
A globally recognised tech training hub on Queensland’s Gold Coast has emerged as a vital link taking blockchain technology to new heights. Producing education curriculums was never on the to-do list for Blockchain Collective co-founders Austin Lewinsmith and Nathan Burns.
The team at Cassava Bags Australia is not content with saving the planet with their plastic-free single-use bags that dissolve within minutes in hot water, they also want to thank their shareholders by rewarding them with the world’s first investor NFT catalogue.
Global Titans Fight Series announced the world's first ever NFT sports event will give access to a livestream pay-per-view for NFT ticket holders. This is a historic moment, where sports and tech fans take a leap forward, changing the way one interacts with live entertainment. The NFT ticket will give access to watch Global Titans Dubai live online on May 14th, where an epic night of boxing on the helipad of the iconic Burj Al Arab Jumeirah hotel. The event boasts an explosive line-up like Floyd Mayweather, Anderson Silva and many more.