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Metaverse May 16, 2022

DVH unveils an innovative marketplace

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Data Vault Holdings, a pioneer in tokenomics and metaverse data visualization, valuation, and monetization, has partnered with Stemit, a leader in the production and management of music stems, to launch an NFT marketplace and exchange.

The NFT marketplace and exchange will provide digital tools for artists of all genres to monetize their music as individual assets

The partnership enables artists to create NFTs utilizing the assets. At the intersection of data, music, and the metaverse, the exchange provides fans and music enthusiasts with exclusive digital collectibles of their favorite band or artist, while also generating new revenue streams for artists seeking to diversify their income sources.

Stemit itemizes musical compositions by deconstructing the layered, multi-instrumental structure of a song to produce multiple assets from a single song. Stemit’s NFT Exchange, powered by Datavault®, will tokenize musical data to generate tradable digital assets. By fractionalizing music into its component parts, Datavault® will assist artists in securing the rights to those parts, allowing them to maximize the financial benefits of their various revenue streams.

The companies will start using ADIO’s patented data-over-sound technology to inject asset identifiers into audio NFTs, providing a new layer of rights protection and asset tracking with enhanced cybersecurity features

Nathaniel Bradley, co-founder and chief executive officer of Datavault®, notes that the protection of creators’ data content objects and media files is of utmost importance to the company’s execution. “Stemit has mastered the skill of isolating, pairing, and parsing musical content in a manner that fosters creativity and maximizes the financial return on music assets. We are enthusiastic about the market impact that our combined technologies will have.”

Through its partnership with Stemit, Datavault will provide artists with the means to create one-of-a-kind digital stories using NFTs and gain access to the vast opportunities within the metaverse. These partnerships demonstrate the increasing democratization of data assets for the benefit of artists and record labels in Web 3.0, where decentralization and user autonomy will take precedence.

For MetaNews.

Jonathan Hobbs is an Australian investor and author that trades on a variety of asset classes, including currencies, equities, and commodities. Jonathan’s experience as a macro trader leverages his unique writing style to combine important elements, such as technical analysis and news. The other elements that he brings into his unique writing styles are foundation analysis aimed at rational equilibrium values, evaluating the sizes and motivations of buyers and sellers, as well as identifying the needs of the buyers and sellers in the individual markets. Jonathan is committed to quality writing for new traders as well as veterans.

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Metaverse

Fuji Village is a themed NFT collection

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Fuji is a collection of 3,600 unique Warriors on the ETH blockchain that aims to become a status symbol collection that initiates an exclusive network of brilliant minds who aspire to become the leaders of tomorrow. Fuji was created with the intention of becoming a status symbol collection and has the potential to initiate an exclusive network of brilliant minds.

A Tier 1 membership to the Meraki-Verse, which is an industry standard NFT analytics platform, exclusive membership access to professional mentorship and accreditation programs, and a great deal more are all included in the Fuji roadmap

Fuji’s long-term goal is to play an instrumental role in the development of a movement that will completely transform digital innovation. The end goal is to create a self-sustaining ecosystem centered on the Fuji brand. This ecosystem will be a Web3-based brand that functions as a real world business with real world usefulness and will include relationships with Web2 and Web3 businesses.

“We are dedicated to researching what lies beyond the known with the help of the amazing minds who are collectively represented in our community. As a group, our goal is to one day emerge as influential figures who have made a significant contribution to the Web3 ecosystem. We don’t want to be simply another NFT project that over promises a number of things that aren’t sustainable and then doesn’t deliver on those claims. Our objective is to not overpromise while at the same time providing the greatest possible level of quality in everything that we provide.”

“Fuji is committed to doing its part to help the environment and contribute to the development of environmentally friendly solutions. This specific endeavor is very near and dear to the hearts of the members of our team, and we have faith that the community will share our enthusiasm and appreciate it in kind. The “The Scoutt Code” will be Fuji’s long-term goal, and the company will publish its own whitepaper in support of this endeavor.”

The corporation has decided to provide a portion of the monthly royalties that it receives to a variety of charitable organizations. In order to maintain both transparency and integrity, the community will either put up candidates for these charities or vote on those candidates.

Twitter: twitter.com/fujinft

Discord: discord.com/invite/fujivillage

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Metaverse

PLUR introduces TMR.WORLD metaverse

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A 28-hour treasure hunt for TMR.WORLD, a new metaverse project, was held for PLUR, a highly detailed 3D NFT project. Participants worked together to find encrypted easter eggs in each NFT image.

Following the treasure search, the neighborhood found another NFT inside of their PLUR Ape Club NFT. TMR.WORLD is the first project on the entire Ethereum blockchain to embed an NFT inside an NFT, as this new hidden NFT represents a plot of land there. The team has spent a great deal of time and energy developing and researching the project in order to highlight its prospective expansion rather than its financial success.

The team is excited to build the first metaverse, which will feature incredible graphics and limitless potential. The voxelization of game content and the socialization of gameplay are two directions that TMR.WORLD has identified that can be utilized after the project is formed. Game voxelization can successfully address R&D and content efficiency issues, allowing for a larger player base. Another approach to get beyond blockchain’s technical limitations is the socialization of gameplay, which PLUR can do by enhancing the social aspects of gaming.

“According to us, the gaming sector continues to offer the greatest opportunity in the Metaverse. However, there are still issues with Web3’s technical effectiveness, particularly with regard to high-concurrency data processing. In order to create a robust and vibrant ecosystem that can improve social interactions while supporting a larger player base, we hope to connect creators and gamers “Ejan, the founder of PLUR, remarked.

TMR.WORLD is anticipated to go live in the first half of 2023. The group is also planning to incorporate GameFi in the future, which would let users earn rewards and turn the metaverse into a play-to-win game.

PLUR will formally introduce its NFT collection of 8585 high-definition 3D apes, with free minting for the general public. On May 21, 2022, a Livestream on the REVEAL of PLUR was held, during which the team synced 216GB of picture resources to the blockchain, with an average NFT size of about 25.74MB. The easter egg event was launched the following week, resulting in the first ever decoded NFTs in Ethereum history.

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Metaverse

NeXR engages in new metaverse project

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NeXR Technologies SE has joined the Metaverse Standards Forum, a consortium of over 30 IT companies, groups, and entities working to create an interoperable Metaverse.

By joining the 35-person group, the Berlin, Germany-based company intends to share its expertise in open interoperability standards, avatar development, motion capturing (mocap), and virtual reality technologies with colleagues for creating the Metaverse.

The business boasts a selection of XR cloud-based solutions, including its Avatar

Cloud computing platforms, where the latter uses Epic Games’ Unreal Engine to host avatars and metaverse solutions for virtual events while the former uses body tracking techniques for virtual changing rooms. The Metaverse is commonly regarded as the successor to mobile internet, and the Forum wants to create open Metaverse standards and unite the sector.

The MSF was established in June to promote collaboration within the extended reality (XR) sector to develop interoperability standards. Members include important businesses including Adobe, Epic Games, the Web3D Consortium, the XR Association, Meta Platforms and many others.

The group of standard developing organizations (SDOs) seeks to encourage the widespread adoption of innovative Metaverse standards while minimizing the need for repeated development work.

Such industry standards, according to Markus Peuler, Managing Director of NeXR Technologies SE, are “a critical catalyst” for bringing forward fresh technological advancements.

He stated, “Especially from the user standpoint, the development of industry standards is a critical stimulant for the breakthrough of new technologies. Technological barriers must be removed in order to minimize costs and enable mass market penetration. Additionally, the increased functionality of programs as a result encourages users to engage themselves in the metaverse.”

The Khronos Group had previously announced that it would hold the Forum to realize the potential of creating industry-wide standards in an effort to overcome barriers in the future of an open-source Metaverse.

According to Neil Trevett, president of Khronos, the association will join the group’s members in July to assure the acquisition of “a constellation of interoperability standards.”

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