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Metaverse May 8, 2022

Spotify announces metaverse entry

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Spotify is developing an official virtual presence on the children’s game platform Roblox. The launch marks the company’s entry into the metaverse industry.

The name of Spotify’s presence on Roblox is “Spotify Island.” Through this interactive universe, the corporation intends to “create a place where fans can connect and create new songs together, hang out in digital areas, and receive access to special virtual merchandise.”

Spotify claims that with Spotify Island, it is “providing a simple way for artists to engage with fans and collaborate with Spotify to create in-game virtual items.”

The release continues, “Spotify’s percentage of those revenues will be returned directly to the artists.” In the next months, we will collaborate with artists to provide further possibilities like this one.

The introduction of Spotify on Roblox coincides with an internal recruiting push for Web3 specialists

Recently, the firm advertised for a Senior Backend Engineer to join a team “responsible for driving development via innovative technologies such as Web3.” According to the job advertisement, Spotify was seeking someone who could “create interesting new experiences to establish relationships with younger audiences.”

In the third quarter of 2021, Roblox announced that its fastest-growing age group was 17 to 24 years old. In the fourth quarter of 2021, Roblox stated that 51.7% of its users were at least 13 years old.

Roblox users who visit Spotify Island will be able to “interact with artists, perform interactive missions, and unlock special content,” according to Spotify.

These users will also be able to compose music and explore sounds at Soundtrap-powered virtual beat-maker stations. Roblox users may also collect a heart-shaped “Like” symbol that can be swapped for merchandise, according to the streaming service. These in-platform games, according to Spotify, will let users to connect with its brand in a “whole new manner.”

As part of the release, Spotify also states that Roblox players will be able to “portal out” from the main Spotify Island to themed islands that “will come to life throughout the year.”

According to SPOT, these themed virtual locales will offer unique material, artist interactions, and themed “mini-quests” created for “superfans and inquisitive explorers.” The first experience on Spotify Island is K-Park, which focuses on K-Pop.

For MetaNews.

Jonathan Hobbs is an Australian investor and author that trades on a variety of asset classes, including currencies, equities, and commodities. Jonathan’s experience as a macro trader leverages his unique writing style to combine important elements, such as technical analysis and news. The other elements that he brings into his unique writing styles are foundation analysis aimed at rational equilibrium values, evaluating the sizes and motivations of buyers and sellers, as well as identifying the needs of the buyers and sellers in the individual markets. Jonathan is committed to quality writing for new traders as well as veterans.

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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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