Kieran Warwick, the co-founder of forthcoming NFT-powered gaming metaverse Illuvium, has revealed he made a gain of more than 9,000% from flipping a virtual plot of land purchased from the Axie Infinity metaverse. Warwick, the brother of Synthetix founder Kain, recounts purchasing the plots during mid-2020, noting there “weren’t too many use cases” for digital land at the time, with in-metaverse advertising and mining having yet to become common as utilities for virtual property. He purchased the plot for $300, and announced the sale a year later for $28,000 on July 13. I just sold a plot of land for …

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 …

Triple-A games refer to video games with the biggest budgets — and now, a project is developing a title that is powered by crypto. Aside from the play-to-earn opportunities this creates, with crypto prizes on offer in tournaments, gamers will be able to trade their tokens with others and exchange coveted in-game items with others. The game, which has the working title of Project Quantum, aims to bring AAA into the 21st century. Developers are confident that there will be some big advantages for players, too. Quantum’s founder Fraser Gordon says that gaming has long been a big part of …

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 …

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 …

A blockchain project says it offers the first Massive Multiplayer Online Open World boasting photorealistic graphics in virtual reality — a world built and owned by users. Victoria VR is designed to be a universal platform encompassing games and decentralized applications. The resulting metaverse is a shared virtual realm where people are free to do “absolutely anything” — from playing games to trading goods. Quests can even be completed in order to gain access to a plethora of rare rewards. Creativity is at the beating heart of this ecosystem, and players have the freedom to design their very own realistic …

Nonfungible tokens, or NFTs, seem to be popping up everywhere lately — so, why not on the big screen? Digital collectibles and virtual reality platform Terra Virtua is planning to launch today a line of Godzilla vs. Kong NFT collectibles created in collaboration with film production giant Warner Bros. — among the first-ever NFT drops to coincide with the release of a major film. Currently, collectors can buy retro-themed Godzilla and Kong Island posters for $75, but more elaborate animations will be released later today. The Terra Virtua homepage currently has a themed waitlist active, with users granted a 10-minute …

For the first time ever, the World Economic Forum’s Global Risk Report’s top-five global risks were all climate-related. From devastating wildfires in Australia and the Amazon to ravaging locust plagues on the Horn of Africa, 2020 was punctuated not only by the global COVID-19 pandemic but also a number of worrying reminders about the effects of climate change if left unchecked. Over the past year, we witnessed the severe effects of belated action amid impending crises. While the timeframe for climate change is not measured in days or weeks, climate change headlines over the coming decade may not look dissimilar …

Premier League football club Southampton FC has entered into a partnership with cryptocurrency betting website Sportsbet.io. The new venture will give Southampton fans the chance to take in the matchday experience during the COVID-19 lockdown via virtual reality headsets, while influencers will reportedly be granted sums of Bitcoin (BTC) to create unique VR experiences. Sportsbet.io became the main club partner of Southampton FC at the beginning of the 2020–2021 season, and the United Kingdom-based betting site now aims to utilize its matchday rights in the virtual realm. Sportsbet.io also signed a three-year partnership with Arsenal at the start of the …

Augmented reality artist Sutu is teaming up with Canadian DJ and producer deadmau5 to drop a 30-second audio-reactive artwork as a non-fungible token next week. The video, entitled In Titan’s Light is a 30-second loop paired with a section of the deadmau5 track SATRN. Sutu has worked on properties such the VR version of the Distracted Globe, an ‘80s-inspired nightclub from the movie Ready Player One, and he has worked with artists like John Legend and The Weeknd on Wave virtual concerts. He describes the scene as “a golden deadmau5 spacestation bathing in the twilight on the moon of Titan” …

A blockchain-powered VR game has launched on Steam for the first time — and now, developers are hoping to win a prestigious award. Age of ILCOIN is set in a futuristic sci-fi world, and the player’s mission is to protect their cryptocurrency from space alien pirates. The game, which uses the Oculus Rift VR headset, offers an immersive, 360-degree experience, with blockchain technology adding another dimension to in-game purchases. It was developed by SYDYG, the owner of ILCOIN, and there are ambitious plans to roll out the game to additional platforms — including the Oculus app store — in the …

Nonfungible tokens are not a new phenomenon in the crypto space, as the emergence of blockchain technology has provided a useful base layer to create a sprawling economy for digital collectibles. Amid the growing appetite for digital art, in-game utility tokens and other forms of crypto collectibles, the NFT metaverse is experiencing a surge toward broad-based commercialization. Within the ecosystem lie numerous intersections among various industries such as arts and crafts, gaming, and virtual real estate. The 2020 decentralized finance hype has also helped to add more fuel to the NFT fire. Governance tokens and liquidity mining protocols appear to …