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Metaverse August 4, 2022

Infinity Metaverse unveils metaverse network

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Synaptic Black, the company that developed the Infinity Metaverse, made the announcement that it has introduced a service that is aimed at businesses and brands that want to construct their own metaverse experiences and host them in the same way that they can host webpages.

Users are able to move freely between different worlds inside the metaverse while still keeping their own avatars and user data thanks to a novel protocol called IMTP, which is at the core of the service and serves as the connective tissue between users and the metaverse

The new protocol is designed to operate on top of the existing HTTP protocols that are used by the internet. It provides a variety of enhancements in the areas of content ratings, age verification, and control of private user data. Due to the fact that it is directly incorporated into the protocol, content providers have the ability to govern, to a greater or lesser degree, the types of people who can access their community. For instance, youngsters under the age of 18 or not safe for work ratings can all be directly applied to the protocol.

According to Brennon Williams, Chief Executive Officer and Founder of Synaptic Black, “There are multiple breakthroughs here, that we hope will underlie the future metaverse. This is a streaming infrastructure solution that delivers experiences to consumers on the devices they have today without requiring enormous downloads or specialized gear. This is a streaming infrastructure solution.”

He continued by saying, “Businesses and Brands can now develop their own metaverse experiences; they get to own the IP and all of their data, and they get to make the rules of their metaverse, which is preferable to operating it on a walled garden or platform that charges fees, or even worse, having to buy or rent digital land.”

Along with the release of the Infinity Metaverse website and portal, the company has also announced the launch of their partner program. The company is eager to build the supporting services and ecosystem required by creators who may not have in-house expertise across the large number of technologies required to craft a market-leading experience.

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Michelle D. Madsen graduated from the University of Westminster and has been deeply involved in the world of finance ever since. She has worked as a Broadcast Journalist hosting various news shows and informative webcasts about the financial markets. Since 2004 she has also been writing for MetaNews daily, her attention to detail, and her in-depth knowledge of the financial markets have led her to cover Foreign Exchange and commodities. The world of finance has changed in the last few years with the introduction and rising popularity of cryptocurrencies and the Metaverse. She has in no means been left behind, adding this to her bank of intellect and is now also an expert in cryptocurrencies. For the last ten years, Ms. Madsen has been engaged in the financial market. She has notedly written a great number of incredibly informative reviews for the crypto, NFT and the Metaverse. Her wealth of knowledge has enabled her to become a leading expert in the field. She continues to inform the public writing up-to-date, thorough reviews for the readers of MetaNews as she has for the last decade.

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Metaverse

Xoomojis is an upcoming NFT collection

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On the Ethereum network, Xoomojis is a collection of 12,500 different non-fungible tokens (NFTs). They are based on nine different animal characters, each with about two hundred and fifty characteristics. The goal is to launch a brand known as Xoomojis and produce books and other goods for children that are entertaining and interesting to them, all of which will be written by younger scientists.

The company is dedicated to the long-term utility of its products, as well as the friendly community in which it operates, and education

There will be a prize awarded for every 250 new NFTs that are produced (once a week). One ether will be contributed to a deserving charity for every one of the next 250 NFTs that is created (once a week).

The final character designs and significant brand decisions will be selected by a vote held by the community on the soon-to-be-released NFT-gated discord channel of the company.

Those who have their NFT account verified will receive personalized shirts (and other items), while those who do not have an NFT account will receive more basic tees. In addition to this, users will have access to free 3D avatars, and the metaverse will be home to a brand new virtual science center.

The long-term ambitions of the project, which may include future charitable donations and giveaways, have led to the decision to set the royalty rate for sales on the secondary market at 4.5% as a means of financial support.

Twitter: twitter.com/xoomojis

Discord: discord.com/invite/9CPWDceJe7

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Durex is considering a metaverse launch

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The well-known condom manufacturer Durex has submitted an application for a trademark, which indicates that the corporation may soon enter the metaverse and the NFT industry.

Mike Kondoudis, a licensed trademark attorney at the United States Patent and Trademark Office (USPTO), tweeted on July 29, 2022, that the proprietor of Durex has filed a trademark application combining NFTs and cryptocurrencies.

When or how exactly Durex will make its initial entrance into the metaverse and the NFT sector is something that the company has not yet disclosed in any specific detail. The company’s patent application, on the other hand, detailed parts of cryptocurrency mining, virtual condoms, cryptocurrencies, non-fungible tokens (NFTs), downloadable media files, and financial services using cryptocurrencies.

In recent weeks and months, there has been a rise in the level of interest shown in the metaverse by businesses of a medium and big scale. More than 3,300 patents associated with the metaverse have been registered with the USPTO by brands from around the world as of this point in 2022.

NIKE, Stella Artois, Gucci, and Louis Vuitton are some of the most well-known firms in the world, and all of them have taken active measures toward expanding their presence in the metaverse

The XFL, a minor professional football league in the United States, has submitted a trademark application for the word “XFL,” signaling that it has aspirations to enter the metaverse and the realm of non-fungible tokens. This news comes after the XFL filed the application for the name “XFL” (NFTs).

The company wants to include an NFT marketplace, virtual goods, and experiences in its future plans, according to its trademark application. The company will offer these.

The Professional Golfers Association of America (PGA), which is completing agreements with Sorare and Autograph to launch golf NFTs, submitted a Web 3.0 trademark application for its logo. This comes after the PGA said it’s finalizing these deals.

The metaverse is still in the planning and imagining stage at this point. Skeptics caution that there is no obvious method to discern in which direction the metaverse will evolve, despite the fact that many major actors in the technology industry are currently attempting to define and establish a foundation for the metaverse.

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Metaverse

Ledger partners with BRICK for NFT drop

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Ledger, the largest crypto and Web3 platform, launched Market x BRICK NFT. [ L ] Market is the first safe mint and distribution platform for handpicked NFT drops from cultural companies and artists. Following Ledger’s Genesis Pass NFT drop last month, BRICK will mint 10,000 unique assets in early September.

Lee Spielman and Garrett Stevenson of Babylon LA and Trash Talk will open BRICK in Los Angeles. BRICK will offer live concerts, music sessions with prominent performers, screen printing workshops, and crypto security courses by Ledger.

BRICK will play monthly with an artist-designed “tour t-shirt” and poster

Ledger and BRICK released two trailers detailing the film’s origin. The BRICK origin trailer has cameos by Ty Dolla $ign, Bobby Hundreds, and Ishod Wair. Blake Anderson, Danny Brown, and Lionel Boyce voice characters in the BRICK animation. Remio, Petty Crimes, and Keenan Shurr designed BRICK NFT.

Lee Spielman remarked, “BRICK is excited to join with Ledger Marketplace. Ledger is a Web3 leader in style, taste, and curation. Ledger’s attitude aligns with BRICK’s in establishing community-driven venues that equip youngsters. We’re excited to see what this new cooperation brings.”

[ L ] Market debuted last month with the maiden drop of the Genesis Pass NFT, which lets owners redeem a limited edition Ledger Black-on-Black Nano X and access future drops. 150,000 people joined [ L] Market.

BRICK NFT holders can vote on programming and get free admission to events and seminars with a guest. Non-Los Angeles residents can watch concerts and classes on BRICK’s metaverse territory. Each event will airdrop digital merch and tour posters. Ledger Enterprise Create secures Brick’s minting, distribution, and storage of NFTs.

(L) Market adds Ledger’s world-class security to the NFT marketplace, which has suffered hacks and scams. Since 2021, non-secure NFT ownership has cost 46,000 customers $1 billion, according to the FTC. Ledger has the largest and most secure crypto wallet market share, safeguarding 20% of the world’s crypto and digital assets in 5 million wallets.

Ledger’s VP of Metaverse commented, “We couldn’t be prouder to work with Brick for our inaugural drop on L Market.” “Lee and Garrett are creative visionaries who built Brick. Market lets innovators like Lee and Garrett and brands like Brick mint, distribute, and store NFTs safely. We’re excited to see Brick’s safe mint establish a community in LA.”

Ledger protects 45 of 100 top OpenSea transactions and 40% of Bored Apes. Ledger’s purpose is more vital than ever, delivering users and creatives the most secure Web3 tools in an environment where users confront issues using Web2 technology to preserve Web3 value.

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