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NFT News July 22, 2022

New Happenings in the World of NFT Trading Looks Positive

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NFT trading has seen an unexpected and steep decline these past few months, that is no secret. What may be less well known, and even less well understood, is that the traders who are counting on the resurgence have been carefully planning a comeback in the last few weeks. Why? Well, hope springs eternal and even the most disadvantageous of situations won’t dissuade the staunch advocates of the NFT  markets. In this article, we will examine some of the things that seem to be encouraging the great reset of the NFT market.

 

The Scoop

Ironically, in spite of the monumental and historical decline in the valuations of NFT this year, the production and creation of new NFT projects hasn’t slowed down in proportion to the decline. This isn’t exactly a surprise considering the draw NFTs have in the overall market of entrepreneurs. What we mean is that many investors are trying to “buy the short” as it were.

They are trying to produce more NFTs that may grant them a lot of profits once, and IF, things turn around for the market. For example, as many as 15 new collections A DAY are being added to OpenSea and other platforms, and this marks a stabilizing trend in a market that is seeing an incredible decline.

 

The News Take

“Through the uptrends and downtrends, OpenSea has maintained its lead when it comes to NFT trading. It has made its mark as the first major NFT trading platform in the space and as such remains highly favored among investors. The addition of other networks such as the Solana network has also helped grow its popularity in the market. This does not mean that the marketplace is without competition though.” -Bitcoinist

 

MetaNews is your number one resource for information on the Metaverse and the markets. We deliver the relevant news, every day. Don’t forget to check us out on Twitter! @metanews_com. Our staff of expert researchers and copywriters are dedicated to bringing you the latest, most relevant information from all over the Metaverse and its affiliated properties. From commerce and finance, to technology and interconnectivity, MetaNews produces well researched, accurately sourced articles on a daily basis.

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NFT News

A Huge Ticket Selling Agency Just Made a Leap On Blockchain

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A Huge Ticket Selling Agency Just Made a Leap On Blockchain. Ticketmaster, the vending giant, just decided to seal a deal with the Flow blockchain. This deal entails one of the largest movements by a mainstream entity to endorse and utilize blockchain technology. Tech Crunch just told us that “Ticketmaster will now let event organizers issue NFTs (non-fungible tokens) tied to tickets on Flow, a blockchain operated by a16z-backed Dapper Labs.” This is an interesting move from an unlikely source, and in this article today, we will be discussing this deal.

 

 

The Scoop

Last year, when this arguably began, Ticketmaster made another deal with Polygon, which is based on the Ethereum chain. This was done to offer NFL fans the ability to buy virtual tickets on the blockchain. Now, we have a new deal that brings this move to full fruition.

Event organizers who choose to offer fans an NFT with their ticket have a real opportunity to make this new technology relevant and relatable at scale. This is why we are partnering with Flow, because their blockchain is custom-built for fan engagement and frictionless consumer experiences.” Brandan Lynch

 

 

The Host’s Perspective

Its partner for this project, Dapper Labs, which raised $250 million at a $7.6 billion valuation last year, is no stranger to sports-based digital collectibles distributed through Flow. It’s well-known as the creator of NBA Top Shot, an NFT marketplace for basketball fans to buy, sell and trade cards of players and top moments in the sport.” -Tech Crunch

 

MetaNews is your number one resource for information on the Metaverse and the markets. We deliver the relevant news, every day. Don’t forget to check us out on Twitter! @metanews_com. Our staff of expert researchers and copywriters are dedicated to bringing you the latest, most relevant information from all over the Metaverse and its affiliated properties. From commerce and finance, to technology and interconnectivity, MetaNews produces well researched, accurately sourced articles on a daily basis.

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NFT News

How Has NFT Security Changed Since One of The Worst Heists?

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The cyber security market is bigger than ever, and shows no signs of slowing. This is, of course, in part due to the fact that the internet is playing larger and larger roles in our lives. Yes, even though another theft has occurred and it apparently happened over the course of an entire month. How bad was the damage? Well, painfully, we have received news that over 100 million dollars of assets were stolen and duplicated. The duplication glitch is something we’re still looking into. But, for now, we need you to be aware of some of the broad ideas that have impacted this security breach.

 

 

The Scoop

As it turns out, several companies want to compete with the monolith that is the Oculus VR tech. Incidentally, Sony has announced the launch of the project that they hope will contend with that system. Not only has this been highly anticipated by gamers, but consumers in general as well.

The PS2VR will showcase Sony’s highly anticipated haptic feedback gear along with a sleek headset that blends well with their overall design theme.

 

 

The Host’s Perspective

The road to launch for PlayStation VR2 is in full swing, and we can’t wait for you to try the exciting new games and experiences you’ll be able to explore with our next-generation virtual reality headset.  As we continue with our launch efforts, today, we’d like to offer a quick peek at some of the user experience features you’ll discover on PS VR2. ” -Sony Blog

 

MetaNews is your number one resource for information on the Metaverse and the markets. We deliver the relevant news, every day. Don’t forget to check us out on Twitter! @metanews_com. Our staff of expert researchers and copywriters are dedicated to bringing you the latest, most relevant information from all over the Metaverse and its affiliated properties. From commerce and finance, to technology and interconnectivity, MetaNews produces well researched, accurately sourced articles on a daily basis.

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NFT News

NFT Laundering May Not Be As Big A Problem As Once Thought

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NFT Laundering May Not Be As Big A Problem As Once Thought. Of course, there have been a few thefts reported recently, and that’s still a problem. Yes, another theft has occurred and it apparently happened over the course of an entire month. How bad was the damage? Well, painfully, we have received news that over 100 million dollars of assets were stolen and duplicated. The duplication glitch is something we’re still looking into. But, for now, we need you to be aware of some of the broad ideas that have impacted this security breach.

 

 

The Scoop

As it turns out, several companies want to compete with the monolith that is the Oculus VR tech. Incidentally, Sony has announced the launch of the project that they hope will contend with that system. Not only has this been highly anticipated by gamers, but consumers in general as well.

The PS2VR will showcase Sony’s highly anticipated haptic feedback gear along with a sleek headset that blends well with their overall design theme.

 

 

The Host’s Perspective

The road to launch for PlayStation VR2 is in full swing, and we can’t wait for you to try the exciting new games and experiences you’ll be able to explore with our next-generation virtual reality headset.  As we continue with our launch efforts, today, we’d like to offer a quick peek at some of the user experience features you’ll discover on PS VR2. ” -Sony Blog

 

MetaNews is your number one resource for information on the Metaverse and the markets. We deliver the relevant news, every day. Don’t forget to check us out on Twitter! @metanews_com. Our staff of expert researchers and copywriters are dedicated to bringing you the latest, most relevant information from all over the Metaverse and its affiliated properties. From commerce and finance, to technology and interconnectivity, MetaNews produces well researched, accurately sourced articles on a daily basis.

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