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Metaverse April 17, 2022

Louis Vuitton presents a new NFT release

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Luxury fashion brand Louis Vuitton is moving ahead with its experimentation with non-fungible tokens (NFTs) with the introduction of PFP-inspired NFT rewards in its stand-alone mobile app game Louis: The Game.

In August of 2021, the game was initially released. Players enter a world where they can dress up their Vivienne, a brand-inspired avatar, and collect postcards that teach them about the brand’s 200-year history. According to Vogue Business, which broke the story first, the company has added new objectives and NFT incentives to the app.

Players who acquire a particular number of free NFTs in the game will be entered into an NFT raffle, which will run until August 4 (Louis Vuitton’s birthday, according to one of the game’s postcards). Players can win one of ten new NFTs featuring Vivienne in a variety of looks that will be transferrable across many platforms, similar to a PFP.

The NFTs are made in collaboration with Beeple’s startup Wenew Labs

The NFTs were minted using Louis Vuitton’s Ethereum wallet in partnership with Beeple’s startup Wenew Labs, which also collaborated with sibling company Possible. On the surface, the fashion industry’s investigation of virtual places and items appears to be a positive development, following years of supply chain disruptions and volatility in consumer spending since the COVID-19 epidemic began. However, it is still unclear how fashion might take use of this opportunity. Even some of the industry’s top names and players are wary about the possibilities.

Bernard Arnault, the CEO of Louis Vuitton’s parent firm LVMH, stated on a January earnings call that he was concerned about a potential metaverse “bubble,” comparing it to the dot-com bubble in the early 2000s.

François Pinault, the founder of Kernig, an LVMH competitor, is hopeful, suggesting on the company’s February earnings call that the metaverse will be a “disruptive” possibility. NFTs have the ability to authenticate real products, and smart contracts might be used to track secondary sales, according to Pinault (a current pain point for the industry.)

Gucci, which is owned by Kernig, has put a lot of effort into this area, with a specialized staff focusing on virtual reality experiences. According to Gucci, the metaverse is more than simply a nice short-term marketing opportunity. He expects it to become a “quite important” driver of revenue growth in the future.

MetaNews.

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

Vootprint introduces new tech suite

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Vootprint, an online event service provider, has launched the Vootprint technology suite to assist the worldwide B2B event market in driving digitalization. Each Vootprint solution, which includes the SaaS Virtual Event Builder, the “Expo GENie” data analytics console, and the GlobalExpo-Net (GEN) B2B event site, caters to diverse needs and addresses different problem areas in the digital transformation of B2B events.

The Vootprint technology suite is a complete solution that provides unprecedented access to comprehensive event intelligence

With the growing popularity of virtual events and the rapid rise of the metaverse, 73 percent of global exhibition industry stakeholders interviewed in a recent research of MICE forecast by The Global Association of the Exhibition Industry agree that hybrid exhibition is now the new normal.

The groundbreaking Vootprint technology suite uses a build-host-analyze paradigm, combining the capabilities of SaaS Virtual Event Builder, GlobalExpo-Net, and “Expo GENie” into a fully customizable solution. The BHA ecosystem helps event planners create data-driven, long-term event plans and solutions that help them realize digital transformation.

Vootprint technology suite is a one-of-a-kind virtual event designer with exceptional versatility, powered by a patented SaaS solution. Organizers can choose from a variety of features and modules to customize their events. The Business Matching tool, which is powered by Artificial Intelligence, requires no additional technical knowledge to set up. The highly adaptable Vootprint technology suite provides game and reward functionalities for improving user interaction and engagement, and is compatible with the majority of live streaming and online conferencing solutions.

Event organizers will be able to access big data from their B2B events and obtain automated, real-time data analyses using “Expo GENie,” allowing them to make better decisions and improve the event experience.

Event participants can receive regular B2B industry updates and tailored suggestions from the one-stop GlobalExpo-Net event information site based on user profiles, event interests, and preferences.

The Vootprint technology suite has been highly appreciated by important B2B event organizers such as Cyberport, HKTDC, Hong Kong Productivity Council, HKSTP, and renowned shows in Mainland China, who have all benefited from this comprehensive technology to enhance their digital marketing efficacy. Vootprint is now focusing on developing new features to take advantage of the massive commercial prospects presented by Web3 and the metaverse.

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Metaverse

Star Atlas engages in metaverse gaming

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Star Atlas sent a Tweet in which the game company revealed its intentions to publish a game module that can also be played via a web browser. They published the most recent issue of their newsletter as well as news on SCREAM, their most recent metaverse game that features a complete economic cycle.

The most recent addition to the Star Atlas metaverse is called SCREAM, and it allows players to engage in combat with other spacecraft. SCREAM is a multiplayer video game that is powered by blockchain technology and gives players the opportunity to make money while they play.

Players will now have access to a game that is not only active, but also interesting, thanks to the inclusion of components that are strategic, economic, and political in nature. In order for the players to advance in the game, they will need to think strategically, make choices that are both difficult and intelligent, and collaborate with one another on the factional and regional levels.

In SCREAM, players organize themselves into factions based on their dominance of star systems. By doing so, players unlock a new world full with helpful resources that they can put to use at a later point in the game.

Players use starbases to administer a star system economically and politically

Star Atlas has revealed that there are more than 20 distinct sorts of resources; in order to get them, players will need to explore the entirety of the galaxy. This addition was made in order to make the game more exciting. In addition to that, the value of each of these resources is different from the others. While some are much less prevalent, some can be found almost wherever. When players conquer other stars, they will use the resources they have collected to their advantage.

The technology behind blockchain will be utilized in every facet of the SCREAM project. Every feature, from assaulting starbases to gathering information about fleet positions, will make use of blockchain. The game will become more open and organized as a result of this change.

Do keep in mind that there is much more that will be added to SCREAM in the near future.

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Metaverse

Kinguin partners for a new NFT marketplace

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In collaboration with Immutable X, Kinguin is launching its native token trading platform (NFT). Customers in the gaming and esports industries will have access to a huge variety of unique NFT offerings thanks to the fact that it features more than 40 collections and more than 200,000 different NFTs.

Built on the Immutable X protocol, the marketplace combines web2 familiarity with web3 independence and promise. Kinguin offers the trustworthiness and safety of well-established internet marketplaces.

Popular non-fiction trading card games including Gods Unchained, Guild of Guardians, PlanetQuest, and Habbo Hotel will all have NFTs on the market, with more to come in the coming months

Immutable X is a layer 2 scaling solution for NFTs on Ethereum created by Immutable and Starkware. Immutable’s deep expertise of blockchain technology, along with Starkware’s cutting-edge ZK-rollup technology, ensures that the Kinguin NFT Marketplace will be lightning fast and carbon-neutral, without sacrificing security.

The alliance gives developers and end users widespread adoption opportunities. When users combine Kinguin’s 13 million registered users with Immutable X’s scaling solution, they don’t have to lose asset security, transaction speed, gas prices, or NFT impact. This makes combining the gaming and NFT sectors more easier.

A search option makes buying and selling non-fungible tokens easy. MetaMask users can connect to the Kinguin NFT marketplace. Kinguin is a free hot wallet program and browser plugin. This new tool allows users to check their NFT balance, acquire NFTs, and deposit Ethereum for future purchases.

Robert Kalbarczyk, Kinguin’s COO and acting CEO, said, “We remain focused on our community’s interests and passions.” Given Play and Earn’s popularity, this was the next natural step. We’re thrilled to have partners who share our vision, and we’re excited to work with Immutable X to offer exclusive NFT gaming assets.

“We’re happy to welcome Kinguin’s 13 million users to Immutable’s open order book,” said Immutable Co-Founder Robbie Ferguson. “We look forward to enabling the next generation of mainstream gamers genuinely own their in-game products.”

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