Tag: candy digital

MLB is Looking to Hire an Expert to Expand its Metaverse Presence

Major League Baseball (MLB), an American professional baseball organization and the oldest major professional sports league in the world is looking for an expert in Metaverse and Web3.0-related innovations as it looks to expand its current presence in the emerging ecosystem.

According to the details shared on LinkedIn, the MLB job title is “Licensing Manager- Digital Games, NFT, Metaverse.” The hired professional will be undertaking many tasks including the development and execution of partnership strategy in expanding digital portfolio areas including, NFT, Metaverse, wearable technology, and AR/VR strategy.

While this job description already suggests the league association is ready to go all out in the Web3.0 space, the profession will also be tasked with identifying partnerships with marketplaces, tools, and platforms to create best-in-class product experience for baseball fans to access and engage with the league’s expanding digital collections.

While the entire clamor for the metaverse is just building momentum, MLB’s involvement in the space has been quite emphatic. Besides inking a partnership with Candy Digital back in January, a linkup that opened it up to start selling NFTs at the time, MLB is also the official baseball partner of Sorare.

As reported by Blockchain.news in May, the Sorare partnership positions the MLB to help create teams with NFTs representing Major League Gaming players. The created team can then be used to enter tournaments through which the players’ real-life performance is automatically reflected in the game.

Like many Web2.0 organizations, the hiring move from the MLB is considered a bold step and a worthy investment that can generally help in advancing the course of Web3.0. While the role has already seen as many as 108 applicants according to the LinkedIn update, the MLB has not come out to announce it has filled the role as of the time of writing.

Jimmy Fallon Fights Subpoena in NFT Legal Battle

The current litigation between Yuga Laboratories Inc. and Ripps et al. has brought attention to the intellectual property and trademark rights that are associated with the NFT industry. In a separate case involving Yuga Laboratories and securities fraud, Fallon is a co-defendant with Paris Hilton. During his program, Fallon disclosed that he had purchased a non-fungible token (NFT) issued by the Bored Ape Yacht Club. Notwithstanding this, Fallon’s legal team asserts that their client is not a party to the lawsuit involving Yuga Laboratories and Ripps and has nothing to do with the aforementioned case.

Collectors now have a new option to acquire rare pictures in NFT format as a result of a cooperation between Getty Images and Candy Digital. Beginning on March 21, customers will be able to make purchases of the NFTs on Candy Digital’s website. Prices for the NFTs will range anywhere from $25 to $200. The United States of America, the United Kingdom of Great Britain, and Japan are just some of the locations where consumers will be able to purchase the new release.

With the purpose of providing real-time insights into the digital asset ecosystem, Forkast Labs has introduced a number of NFT indexes, one of which is the Forkast 500 NFT index, which evaluates the performance of digital assets on 21 different blockchains. These indexes attempt to give a more complete measure of the health of the NFT economy, which is difficult to determine using standard market rankings based on prices, sales, and transaction volumes. These indices aim to provide a more comprehensive assessment of the health of the NFT economy.

The trade volume on the NFT market surpassed $2.04 billion in February, representing a 117% increase from January’s figure of $941 million, indicating that the sector is expanding. Its expansion is attributable to Blur, a developing market that just overtook OpenSea in trade volume. This month alone, Blur eclipsed OpenSea. Even while there are indications that a positive trend is developing in the market, the NFT area is still in the process of evolving, with new possibilities and legal conflicts forming.

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