Search Results for: 3D

Slovenia Makes History as the First Country to Launch an NFT Product

Slovenia is on track to become the first country in the world to launch its first Non-Fungible Token (NFT) series, billed to be showcased at the forthcoming Expo show in Dubai, opening on 1 October. Per its plans, the NFTs will be targeted at promoting the country’s achievements in terms of its business advancements as … Continue reading Slovenia Makes History as the First Country to Launch an NFT Product

Facebook Sets up $50M Investment Fund for the Development of Metaverse

Online social media and social networking service platform Facebook today announced a two-year grant of $50 million to strengthen the interpersonal connection between reality and virtual reality and consumer hardware and to promote the development of Metaverse products. Metaverse is a combination of the prefix “meta”, meaning beyond, and “universe”, which refers to shared virtual … Continue reading Facebook Sets up $50M Investment Fund for the Development of Metaverse

Sotheby's to Accept Ether in Live Bidding for Sale of Banksy's Works

Sotheby’s auction house will be accepting Ethereum (ETH) cryptocurrency during live bidding for its upcoming virtual exhibition, where two of Banksy’s artworks will be up for sale. The 277-year-old British auction house will be holding the auction on November 18 at its “headquarters” in Decentraland – a decentralised 3D virtual reality platform – making it … Continue reading Sotheby's to Accept Ether in Live Bidding for Sale of Banksy's Works

Metaverse will be a Trillion-dollar Market in Future: Grayscale

Cryptocurrency investment giant Grayscale released a report on Thursday stating that by 2025, the revenue of the virtual gaming world may grow to $400 billion. The report entitled “Metaverse, Web 3.0 Virtual Cloud Economy” mainly focuses on the overlap between virtual games and lifestyle while also speaking about the future development potential of blockchain technology … Continue reading Metaverse will be a Trillion-dollar Market in Future: Grayscale

S Korea's SK Telecom Acquires 35% Stake on Local Crypto Exchange Korbit

SK Square, an investment company owned by South Korean wireless telecommunications company SK Telecom Co Ltd, has invested 90 billion won (about $75.4 million) in the crypto exchange platform Korbit. With the investment, SK Square now own a 35% stake in the Korbit crypto currency exchange, thus becoming the exchange’s second-largest shareholder. The largest shareholder of … Continue reading S Korea's SK Telecom Acquires 35% Stake on Local Crypto Exchange Korbit

Hip-hop legend Snoop Dogg’s first NFT drops on SuperRare

Hip-hop legend Snoop Dogg’s first NFT collaboration with digital multimedia artist Coldie was minted on SuperRare. SuperRare, a marketplace for curated NFT artwork, debuted the first-ever NFT artwork collaboration between Snoop Dogg and artist Ryan Colditz, also known as Coldie, entitled Decentral Eyes Dogg. The original artwork by both artists and a new audio track by … Continue reading Hip-hop legend Snoop Dogg’s first NFT drops on SuperRare

Virtual Assets Investment Opens Opportunity to H.K. Residents, While Adrian Cheng Invests in Sandbox

As residents in Hong Kong struggle to purchase physical property due to high housing prices, The Sandbox’s virtual assets could be a lucrative investment opportunity for many. The Hong Kong-based billionaire and property tycoon Adrian Cheng Chi-kong, son of Henry Cheng Kar-shun, has announced his addition of virtual real estate to his portfolio of investments via The … Continue reading Virtual Assets Investment Opens Opportunity to H.K. Residents, While Adrian Cheng Invests in Sandbox

Lamborghini Ventures into NFTs with New Collection

Italian luxury car manufacturer Lamborghini is launching its Non-Fungible Token (NFT) collection to cement its foothold in the emerging digital art world. The company said its NFTs, which will be a total of 5, is a digital version of ‘Space Key’, a physical object crafted from a 3D composite material sent to the International Space … Continue reading Lamborghini Ventures into NFTs with New Collection

Meta to Build World's Fastest Supercomputer for Metaverse, Mark Zuckerberg Confirms

Meta is reported to be building the world’s fastest artificial intelligence supercomputer. The announcement was made by the company’s founder Mark Zuckerberg, adding that the computer is being built as part of the plans to build a virtual metaverse. Meta, formerly known as Facebook, said that the infrastructure is a major requirement since the metaverse … Continue reading Meta to Build World's Fastest Supercomputer for Metaverse, Mark Zuckerberg Confirms

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