August 24, 2022 By Anjali Kochhar New monthly job openings across all industries having the keyword “metaverse” in the title declined 81% between April and June, according to new research conducted by Revelio Labs. A Bloomberg report noted that the dropoff coincides with a broader pullback across the tech sector, which has prompted layoffs and […]

August 24, 2022 By Murtuza Merchant The first auction to feature a physical ring will be Sotheby’s NY “Art as Jewelry as Art” sale. The purchaser of this gold-and-emerald ring, created by Francine Ballard of Metagolden exclusively for this future sale, will own it both in the real world and the metaverse. The digital ring

August 23, 2022 By Sharan Kaur Phillora The floor price of the top NFT collection, the Bored Ape Yacht Club (BAYC) series, fell below the floor price of 65.68 ETH for the first time since January 2, 2022. Here’s what we know: The position of BAYC is even now the largest collection of NFTs in

August 23, 2022 By Murtuza Merchant Sir Anthony Hopkins, a film, television, and theatre legend, who has won Golden Globes, BAFTAs, and Oscars, has teamed up with Web3 media business Orange Comet for a forthcoming series of NFT drops displaying his artistic endeavours. The Eternal Collection project consists of three drops, each of which is

August 22, 2022 By Anjali Kochhar Blockchain gaming platform UFO gaming unveiled its long-awaited metaverse that will provide concrete advantages for gamers, providing them with digital assets such as NFTs in the form of in-game items, virtual land, and monetary value. According to the company, $UFO holders may take advantage of a variety of perks,

August 22, 2022 By Sharan Kaur Phillora Fox Corp. operates the only one of the big four US broadcast networks not tied to a major direct-to-consumer subscription streaming game. The company is also the only one among its competitors to have launched a dedicated Web3 and NFT division. Here’s what we know: The move comes

August 19, 2022 By Sharan Kaur Phillora Celebrities like Justin Beiber, Reese Witherspoon, and 17 others were accused of shilling non-fungible tokens (NFTs) by watchdog consumer group Truth in Advertising (TINA.org). NFT shilling is when NFTs are promoted by someone, influencing others to invest. Here’s what we know: The not-for-profit watchdog advocacy group said that

August 19, 2022 By Murtuza Merchant Vis.Eth, a member of the Bored Ape Yacht Club, recently paid 777 Eth, or $1,478,000 USD, for a golden fur ape. This sale generated a lot of buzz, especially in light of the current market downturn. However, this sale demonstrates that NFT supporters like Vis.Eth believes Bored Ape Yacht

August 18, 2022 By Murtuza Merchant The Bored Ape Yacht Club (BAYC) NFT collection appears to be the newest victim of the hacktivist collective Anonymous. The group promised to look into the charges made against BAYC in a video that was released on Twitter. Particularly, Anonymous is investigating claims that the most valuable NFT collectable

August 18, 2022 By Anjali Kochhar As the regulatory scrutiny of NFTs mounts in the country, Chinese internet giant Tencent Holdings’ non-fungible token (NFT) platform Huanhe will not be releasing digital collectables to the public, the company said in a statement. But the company said that owners of existing collectables will still be able to