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Metaverse April 24, 2022

NAPA made plans for the metaverse

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The National Automotive Parts Association, known as NAPA Auto Parts, is the latest Atlanta-based company to reveal plans for the virtual reality world. NAPA has filed a trademark application with the United States Patent and Trademark Office for “virtual and digital items for use online and in metaverse(s), online worlds, or other virtual reality platforms.”

The metaverse is a growing collection of interconnected VR and digital platforms

The metaverse is a burgeoning network of virtual reality and digital platforms featuring online personalities, real estate, and enterprises. People can log in and interact in the same way that they would in a multiplayer video game.

For huge Atlanta businesses, the virtual world appears to be the next frontier of expansion. The Atlanta Braves have announced their intention to enter the metaverse as the first Major League Baseball team. The transportation company United Parcel Service Inc. (NYSE: UPS) filed a metaverse trademark application earlier this month. Inspire Brands, based in Sandy Springs, and Hooters of America LLC, situated in Cobb County, are both looking into virtual projects for its brands, which include Arby’s, Buffalo Wild Wings, and Hooters.

“Motor vehicle maintenance services online and in virtual reality platforms,” according to NAPA. It looks to be experimenting with the NFT trend as well, as the program features “non-fungible tokens.” NFTs employ blockchain technology to create one-of-a-kind digital products that can be purchased or traded for bitcoin.

NAPA may be planning to incorporate real-world rewards and services

It’s possible that NAPA may integrate real-world prizes and services into its metaverse experience. “Selling actual and virtual items, featuring home delivery and store pickup of tangible things and downloadable digital goods,” according to the application.

Last year, Mark Zuckerberg, CEO of Facebook parent firm Meta Technologies Inc. (Nasdaq: FB), revealed his vision for a virtual world, bringing the metaverse to the forefront of public attention. Zuckerberg renamed his company to represent his vision of the future of interpersonal communication.

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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

Animoca Brands invest in a metaverse initiative

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Cinder Studios, the makers of Cinder, a Solana-based metaverse that can be explored immediately after purchasing one of its NFTs, has acquired Series A funding from Animoca Brands.

Cinder is an immersive and graphically gorgeous MMO with a vibrant social environment in which players can design, generate, and own the tokenized material they create. Owners of Cinder NFTs are already growing their virtual social circles, and will soon be able to earn real money through play-to-earn battle mechanics and the production of new avatars, locations, and other content using Cinder’s powerful creator tools.

Animoca Brands is a global pioneer in gamification and blockchain technology. The company has made over 200 investments in non-fungible token-related companies and decentralized initiatives that are contributing to the development of the open metaverse.

Cinder’s exciting product roadmap, which includes staking, play-to-earn gaming, new avatar mints, and the launch of its own proprietary currency, will be funded with the new funding announced today

Cinder Studios, Inc. CEO Michael Lopez remarked, “We’re ecstatic to have Animoca Brands join us on our quest to become one of the most popular gaming experiences on the Solana blockchain. Our staff is made up of game industry professionals who are ecstatic about web3 and the possibility of finally transferring actual intellectual property rights to our players who spend endless hours producing and customizing their own content. Cinder will be THE social game for individuals who like to game, socialize, collect, explore, and earn in an aesthetically beautiful environment.”

Yat Siu, executive chairman of Animoca Brands and a co-founder of the company, said, “It’s wonderful to be a part of Cinder’s management team, which is full with talent. Cinder is a game that stands out as a huge step forward for digital ownership and the open metaverse because of its user-friendliness and its accessibility right from the get-go, as well as its foundation on Solana, which is currently one of the most promising blockchains.”

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Metaverse

Origin presents new metaverse features

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Shufti Pro, an AI-powered identity verification and anti-money laundering screening solution, has been integrated into the services of ORIGIN Metaverse, the pioneering virtual real estate marketplace. To foster universal acceptance of virtual real estate and actual real estate as NFTS, ORIGIN Metaverse is designing a platform that is simple, secure, and streamlined.

The new verification procedure will allow clients on the ORIGIN Metaverse platform to trade virtual and physical real estate as NFTs faster and more securely, enhancing ORIGIN Metaverse’s aim to increase mass acceptance in virtual real estate.

Within seconds, users will be able to trade safely on ORIGIN Metaverse

Shufti Pro’s authentication process is not only simple to use, but also extremely quick. It’s the fastest verification system on the market, with verification times ranging from 2 to 20 seconds.

Not only is the system rapid, but it can also analyze the credentials of anyone from any country in any language, proactively guaranteeing that the user is not interacting from a blacklisted or prohibited region, thanks to its hybrid AI/human verification process.

Since Shufti Pro has been included into the Origin Metaverse platform, the environment in which the NFT population lives is now far more secure. While Origin continues to make the digital marketplace accessible to a wider audience by offering a secure authentication technique that eliminates the need for delays, it also closes off access to con artists and money launderers who seek to profit from using the platform.

ORIGIN Metaverse is a virtual real estate marketplace that focuses on allowing users to buy and sell land across the Metaverse as well as exchange physical real estate as NFTs. Origin’s one-of-a-kind marketplace unites these disparate worlds into a streamlined, straightforward, and secure marketplace that is fully compatible with all platforms and cryptocurrencies.

Shufti Pro is an identity verification service provider that helps worldwide organizations enroll and manage the risk of genuine consumers through KYC, KYB, and AML services.

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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

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