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Metaverse April 8, 2022

Meta readies plans to introduce Virtual In-App Tokens

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Meta could introduce in-apps tokens that would be centrally controlled by the company. The tokens dubbed as Zuck Bucks could be used on Instagram as well as other Meta Apps as reported in the Financial Times.

Meta “Zuck Bucks”, audibly named after the META Founder/CEO are intended for its Metaverse and may not be blockchain based and are not likely to be a cryptocurrency.

Additionally, Meta is contemplating “Social Tokens” or “Reputation Tokens” which could be used as rewards for contributions in all Meta Apps, as reported by FT.

Meta has not shied away from the Blockchain/NFT industry as Meta CEO Mark Zuckerberg last month stated that Instagram will introduce NFTs in the near term.

Meta also joined the Crypto Open Patent Alliance, which is led by Twitter Founder Jack Dorsey. The Crypto Open Patent Alliance aims to provide open access to crypto currency technologies.

Meta spokesperson declined to share exact details, reiterating that Meta was focused in their wider Metaverse endeavors.

Developing story more to follow. Stay connected to Metanews

Also ready our article on the lauch of the much hyped Moonbirds NFTs by PROOF COLLECTIVE

 

 

Justin N. Richards is a Florida-based technical analyst, market researcher, educator, and trader. Justin began his career in Chicago in 2001 performing futures market analysis for floor traders at the Chicago Board of Trade and the Chicago Mercantile Exchange. He also worked for numerous brokerage firms during that time, all of which hold him in high regard, and he has been providing outstanding analysis services for traders worldwide ever since. Mr. Richards is an expert in the area of market patterns, price and time analysis as it applies to futures, Forex, and stocks. In addition to these talents, he provides educational services for investors looking to improve their analysis and trade skills. Justin has a B.A. in Business Administration from UCLA and an M.S. in Financial Markets and Trading from the Illinois Institute of Technology. Justin’s professional experience, education, and discipline, not only make him an exceptional analyst, they point him out as a reliable, hard working and intelligent business strategist who is dedicated to his craft.

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Metaverse

Elemento Dragons is an upcoming NFT project

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The upcoming release of “Elemento Dragons” will have a collection of 8888 different NFTs, each of which was developed by hand. The benefits are varied and include the following: the holder will become the owner of a card depicting a character in an upcoming animated series and will be given the option to take part in activities that are exclusive to Elemento Dragons, all of which take place on the metaverse. Nonetheless, staking, charitable donations, royalties, and giving back to holders are the primary focuses of attention at this time.

Holders of an Elemento Dragons NFT would be giving themselves the peace of mind of knowing that the team will fulfill the roadmap and ensure that the long term promises of this project are met if they made the purchase of an Elemento Dragons NFT. In addition, they would be helping the team launch an astounding and creative project. The first public sale of Elemento Dragons will take place on the 25th of May, 2022 at 2:00 PM Eastern Standard Time.

The initial purchase price of Elemento Dragons will be 0.08 Eth during Phase 1, and it will grow by 0.01 Eth after that. There will be more than four phases to guarantee that the firm has the chance to meet all of the new holders and maintains its position as the most influential community on Web 3.0.

The purpose of the corporation is to maximize the amount of money that can be made from the investment

After Mint has been finished, the firm will announce around 40 charities spanning a wide variety of issues, and the community as a whole will be able to vote on which organizations should get donations. The top five charities will each get a donation of the same amount, and invoices will be posted on the Elemento Dragons Discord server.

After all of the tokens have been sold, the company will provide token holders awards as a way of saying “thank you” for their contributions to the ongoing success of the project and the community.

Twitter/ Discord

For MetaNews.

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Metaverse

GigaSpace partners for the metaverse

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GigaSpace, a virtual space metaverse, has announced a strategic cooperation with UCOLLEX, an innovative NFT platform specializing in art and pop culture collectibles. UCOLLEX will join “Project Spaceport,” a prior GigaSpace venture with MADworld aimed at bringing additional intellectual rights and businesses into the Web3 area.

A cultural space district is planned for Project Spaceport. When the Metaverse starts, brands will be able to establish their own virtual world. For the time being, they may expand their Web3 presence by having their logos and photos permanently affixed to the “Map of the Galaxy.”

UCOLLEX is the second NFT platform to join this project after MADworld

Other elements will contribute to the overall quality of the Space Metaverse experience. In the GigaSpace Metaverse, there will be a Museum of Brands. It will be a novel approach for businesses to promote their products, vision, and mission. Branded avatars are another fascinating aspect. These avatars will have a variety of functions.

In addition to bringing brands into the metaverse, UCOLLEX will give its VR technology to brands in the Museum of Brands, allowing them to create remarkable experiences and experiment with new methods to connect customers.

“This relationship will help us achieve our goal of eliminating the gap between artists and collectors by creating an environment where collectors can feel at home and pursue their passion,” stated Robert Tran, the founder of UCOLLEX. “We want to eliminate the gap between artists and collectors by creating an environment where collectors can feel at home and pursue their passion.”

UCOLLEX is a next-generation creators’ platform funded by Animoca Brands, a pioneer in digital entertainment focusing in blockchain and AI technologies, with the goal of making NFTs accessible to everyone. Animoca Brands and MCP IPX One Fund led a $10 million Series A fundraising round, which was successful.

Users may acquire land NFTs to create content and explore worlds in GigaSpace, a blockchain-based virtual space metaverse. It provides a platform for driving Web3 adoption by assisting companies and partners in establishing their presence in the metaverse.

For MetaNews.

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Metaverse

GreenPark creates new soccer NFT collection

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NFTs and digital match-day kits are now part of the social sports game company’s LaLiga license agreement. They may be used on a variety of fan sites in the metaverse, which is a virtual version of the actual world. The GreenPark app includes a number of digital environments based on prominent sports and esports events.

LaLiga’s universe premiered in August, allowing gamers to pick their favorite Spanish soccer team, engage in a variety of tasks and mini-games, and acquire goods for their digital avatar.

The goal of matchday uniforms based on clubs, players, and memorable moments is to strengthen this bond. Fans may purchase “lockers,” which include a pick of player uniforms from that day’s game.

“We’re constantly seeking for new ways to communicate and engage with our fans as one of the world’s best sports brands,” said Oscar Mayo, LaLiga’s executive director. “As part of this new licensing cooperation, we will give our followers the opportunity to live LaLiga and be a part of GreenPark’s metaverse with a unique NFT line of matchday jerseys.”

GreenPark is one of a number of startups relying on sports fans’ rising thirst for immersive, digitally native cheval chevaleries that make up the metaverse

Last year, the Los Angeles-based company secured $31 million in a series B financing round, which included the League of Legends Championship Series and the National Basketball Association.

GreenPark co-founder and CEO Ken Martin commented, “We are happy to bring first-of-its-kind digital memorabilia and in-game capabilities to LaLiga fans worldwide.” “For more than a century, fans have proudly donned jerseys portraying their favorite teams and players to celebrate their fandom.”

“The next phase of fandom is providing a new means for the next generation of social sports fans to digitally gather them and wear them into a virtual environment developed for sport,” says the author.

Major League Soccer and the MLS Players Association announced a new multiyear collaboration with GreenPark’s virtual fan world in February. Tony Grillo, GreenPark Sports’ chief strategy officer, said at the time, “GreenPark continues to construct and expand the go-to virtual environment for fans, one that… will deliver greater engagement and value for leagues.”

For MetaNews.

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