NFTs are the new muse In an exclusive shared with Cointelegraph, celebrity-focused NFT auction platform Cryptograph has announced the launch of an exclusive track from Muse frontman Matt Bellamy in the form of a nonfungible token (NFT). The token will be issued to accompany the launch of Bellamy’s new 10-track solo album, Cryosleep, on July 16, which was recorded on the same guitar Jeff Buckley used for his hit album Grace. The album includes the track “Pray,” which was featured on the Game of Thrones soundtrack. Cryptograph is a platform that is focused on charitable fundraising through NFT auctions from …
Tokenized Walking Dead Ethereum-based NFT metaverse “The Sandbox” has partnered with Skybound Entertainment to incorporate a Walking Dead game in the virtual world. The Walking Dead is famous thanks to the TV show, however, the story and characters are based on original comics from Skybound Entertainment. The Sandbox is owned by NFT game and property developer Animoca brands, with the firm describing it as “part virtual real-estate, part amusement park.” It already has an impressive list of existing partnerships such as The Smurfs, Care Bears, Atari, Deadmau5 and CryptoKitties. “The team will give users the possibility to get pieces of …
One of the original decentralized finance and nonfungible token (DeFi/NFTs) crossover projects is taking a step forward today with the launch of a metaverse litepaper. Aavegotchi — a project that creates upgradeable NFTs backed by yield-bearing positions on lending platform and money market Aave — announced the publication of a litepaper devoted to a gamified metaverse called the “Gotchiverse.” Aavegotchi co-founder Jesse Johnson joked about the sometimes-esoteric features and backstory in the litepaper on a celebratory Twitter Spaces today: “This is not your typical litepaper, it’s got a lot of lore in it [...] We’ve got a bit of a …
A decentralized platform on a quest to merge the physical and virtual world through augmented reality has unveiled a live, ongoing integration with Chainlink. OVR’s collaboration with the decentralized oracle network is already being put through its paces. Chainlink’s infrastructure is being used to fairly and transparently select a grant fund winner from a list of competitors taking part in the OVRLand Treasure Hunt. Looking ahead, OVR intends to ensure that Chainlink’s oracles are used throughout its platform as it builds a virtual experience that is influenced by the real world. Through this platform, augmented reality and virtual reality can …
One of the most powerful men in tech thinks that the Metaverse — a term for a series of interlinked, persistent virtual worlds with self-contained economies — is just around the corner. One of the most exciting use cases for blockchain and nonfungible tokens, enthusiasts inspired by Neal Stephenson’s Snow Crash have long been hoping for a VR/AR world with a crypto-powered internal market. Now, however, Nvidia CEO Jensen Huang thinks the technology to make it happen is on our doorstep. Speaking at the virtual Computex conference, Huang said that he “believe(s) we’re right on the cusp of” the Metaverse …
Players of the decentralized real-time strategy game Dark Forest have introduced new and innovative ways of earning cryptocurrency within the virtual ecosystem. The play-to-earn plugin “Broadcast Market” was integrated into the game on May 31, according to a tweet by programmer Blaine Bublitz. The developer noted that Broadcast Market is the first plug-in featuring its own smart contract that is directly compatible with Dark Forest. This is the first plugin that has its own smart contract that talks directly to Dark Forest. It allows you to broadcast a planet to receive a reward or, if you are in need of …
OVRLand is having a virtual party on May 30 to celebrate the sixth-month anniversary of the earth-size augmented reality metaverse’s launch, and they’ll be lighting a million-dollar bonfire to celebrate. A 1.6-trillion hexagon digital overlay of the earth’s surface, OVRLand is a shared augmented reality where anyone can buy a plot of “land” to host any kind of digital content they want, from 3D art and games to buildings and pretty much anything they can dream up. The highlight of the OVRLand project will be a live “burn” of one million OVR Tokens worth about $1,000,000 at this writing. The …
An open-source, decentralized, interoperable platform has announced that it will be the home of a multichain decentralized finance protocol. Gene Finance launched on Metaverse on Friday and is designed to help cryptocurrency enthusiasts “easily deploy and optimize their digital assets within the DeFi space.” An intuitive dashboard has been built that enables users to manage their DeFi portfolio across a plethora of products — including yield farming, algorithmic stablecoins and liquidity mining. Metaverse, which recently launched its mainnet, is providing an all-important infrastructure layer that results in a faster, cheaper, more efficient transaction experience for DeFi’s ever-expanding user base. According …
Non-collateralized borrowing and larger loans could start to be offered by the DeFi sector if decentralized digital identities are rolled out, a blockchain project says. Metaverse claims digital identities are an essential piece of infrastructure that’s currently missing from this thriving industry — despite the fact that they would allow protocols to offer personalized services, and achieve regulatory compliance. Digital identities normally consist of data including an online user’s search history, social media activity, usernames, national ID number, date of birth, and current location. The team behind Metaverse claims that this information can be put to good use without compromising …
Tim Sweeney, the co-founder of the studio behind titles such as Hitman, Gears of War, and the wildly popular Fortnite said in a Tweet today that non-fungible token (NFT) tech and the ‘metaverse’ it one day may enable are “going places,” but due to factors such as transactions costs and the “wild, speculative mess” that makes up much of crypto today, the dream of “a persistent, live digital universe” might be far off. Sweeney made his comments in response to a blog titled “Into The Void: Where Crypto Meets The Metaverse.” Written by blockchain consulting, research and investment firm Delphi …