Neal Stevenson’s Snow Crash, a techno-dystopian science-fiction novel that has become a legend among Silicon Valley tech bros, predicted the rise of a future Metaverse all the way back in 1992. Despite Stephenson saying that he was “just making sh*t up”, the eerily accurate predictions and worldbuilding of Snow Crash have been long-revered by tech entrepreneurs and futurists including Jeff Bezos and Mark Zuckerberg. Now, Stephenson’s striking fictional depictions of a Metaverse oversaturated with the neon glow of commercial advertising rings truer than ever as Web3 designers and marketers gear up to begin advertising in the Metaverse(s) of today. On …

According to recent filings with the United States Patent and Trademark Office (USPTO), Monster Energy has four pending trademark applications related to the nonfungible tokens (NFTs) and metaverse realms. The first trademark application consists of downloadable virtual goods comprised of, but not limited to, beverages, food, supplements, sports, gaming, music, and apparel. According to the filing, such downloadable multimedia assets will be "authenticated by NFTs." Also included in the application are computer programs facilitating blockchain data interactions. The second filing consists of retail store and online retail store services authenticated by NFTs, as well as an "online marketplace for buyers …

Cointelegraph's Jackson DuMont, Director of video, tackles the topic of the "next big thing:" the Metaverse. He explains the who, what, why behind the Metaverse and deep dives into how its blockchain technology has the potential to alter the online lives of internet users. The term was originally coined by Neil Stephenson in his 1992 novel Snow Crash. Although not a new concept, recent increased activity and developments within the collaborative virtual spaces have turned it into a new economic virtual realm that rivals the current physical economy. "The metaverse is exactly like the current version of the internet," but …

Nonfungible tokens (NFTs) and play-to-earn games are widely perceived as the future of the gaming industry as they grow in popularity worldwide. Success stories such as Axie Infinity demonstrate that play-to-earn (P2E) products could easily find a solid player base if the product is well-refined. P2E games provide an opportunity for players to gain in-game digital assets by completing daily quests, defeating monsters and battling with other players. The digital rewards that they get have real-life monetary value and can be sold on crypto exchanges. Traditional games use loot boxes as a major source of revenue, giving gamers access to …

NFTs, the metaverse, and digital ownership. These Web 3.0 terms have broken their way into mainstream consciousness. As a result, we’re seeing projects and ideas in the blockchain space looking to change the way things work. Industries like music, art and gaming are key industries experiencing a change, with gaming specifically receiving a lot of attention via a new monetization mechanism: play-to-earn (P2E). P2E promises gamers a way to earn from their in-game activities through nonfungible tokens (NFTs). Traditional games have users playing a game for hundreds of hours, having nothing to show for it when they eventually move on. …

Premier League champions Manchester City and their new partner Sony have begun building a virtual replica of the Etihad Stadium which will be the team’s central hub in the Metaverse. Etihad Stadium is the home of Manchester City, England’s top soccer team at the moment. The team announced on Feb. 18 that it had signed a three-year agreement with Sony, which will provide virtual reality experts to use image analysis and skeletal-tracking technology from subsidiary Hawk-Eye. Manchester City is developing the metaverse's first football stadium#Crypto #Metaverse #Blockchain #Football #ManchesterCity #CryptoNews #CloutNews https://t.co/nhpUmYixkO — Clout News (@CloutNewsMedia) February 21, 2022 Manchester …

Unlike some of my peers in the technology space, I don’t see the Metaverse as a virtual world in which we work, socialize and shop. Rather, I see it as a point in time, reached in 2020 and into this year because of the global pandemic, when the digital world became as important as the physical world. It’s a shift away from the idea that physical reality is superior and preferred over digital reality. Work for many has turned into a series of Zoom meetings, people are buying virtual real estate, and children are spending time with their friends in …

If you’re not keen on joining Mark Zuckerberg in the Metaverse, I have bad news for you: You’re already there. You don’t need a virtual reality headset to enter a virtual world. Humans have been representing reality since our distant ancestors first painted on cave walls. If TV, radio, books or newspapers have ever given you access to events that you did not physically attend, you have experienced a kind of metaverse already. Sport and games are another reality that we often partake in virtually — in the stands or behind a screen — when not on the field. So, …

The nonfungible token (NFT) market has greatly shaped the world as we know it, leaving no industry untouched, sports included. As a result, digital transformation has proven to be a major challenge, with teams experiencing a lack of in-house resources, minimal tactical support from experts and an inability to implement a strategy for multi-layered fan engagement. To learn more about this industry and how a bridge can be built to the next generation of sports, Cointelegraph sat down with Vladimir Liulka, the CEO and co-founder at Blocksport, and Mladen Petric, a football legend and one of the project’s advisors. When …

From video game enthusiasts monetizing their passions as shout casters to fashion influencers supercharging their careers into livestreamers on e-commerce platforms, the creator economy flourished, evolved and matured in the past year. Largely catalyzed by the ongoing COVID-19 pandemic, contemporary creators benefited from the gradual shift in consumer behaviors as more people came online across the globe. Now valued at over $100 billion, the creator economy is witnessing staggering growth as the worlds of e-commerce, social media and online communities converge. With opportunities mounting in social tokens and corresponding virtual playgrounds such as the Metaverse, the year ahead seems to …

NFTs continue to make an impact on multiple sectors, and this mainstreaming is opening up new opportunities and revealing new trends for blockchain technology. Recently, the real estate sector has shown interest in blockchain technology because it opens up the potential for fractionalized ownership, cryptocurrency-backed mortgages and other unique ownership, financing and payment models. Here’s a look at a few real estate-oriented blockchain projects that are to integrate decentralized finance, cryptocurrency payments and nonfungible tokens (NFT) to the sector. Propy Propy is the largest real estate-focused protocol in the cryptocurrency market, and it’s focused on automating home buying and making …

Last week’s Crypto Biz newsletter explained how Wall Street is essentially marketing Bitcoin (BTC) for us after Wells Fargo said digital assets could “soon hit a hyper-inflection point” in terms of adoption. This week, JPMorgan Chase issued its own bullish outlook when it labeled the metaverse a $1 trillion a year opportunity. In addition to JPMorgan, the New York Stock Exchange (NYSE) this week sent out a strong signal that nonfungible tokens (NYSE) and the metaverse are part of its long-term plans. On the regulatory front, the Republic of the Marshall Islands took a bold step in becoming a leader …