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Press Releases March 7, 2022

TreasureDAO Exploit Reveals Problems at Core of NFT on the Platform

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A critical flaw has been discovered on the Marketplace platform that threatens to undermine and invalidate hundreds of purchases made in the space with the token. Essentially what you need to know is that the exploit enables users to purchase items on the Metaverse, in Marketplace, without actually losing any of the tokens.

“Yah, quantity here is 0… still emits all the data for block explorers and other sites to show a sell…So price emitted is pricePerItem * 0 = 0 MAGIC. Still investigating…”

Exploits like this were inevitable and will likely recur on other platforms and with other companies. Fraud and crypto crime in general are big problems that Metaverse is dealing with in active ways. The uniqueness of their approach to security is partially interesting for its swiftness and accuracy.

What Are They Doing About It?

Well, a lot, as it turns out. Metaverse security specialists and company officials specifically are at work here. As indicated by the above Tweet, MetaMask is also hot on the case.  It is only a matter of time before this is resolved and things return to normal. After all, a lot is riding on this security thing, right?

“The MAGIC price crashed 33% from $3.75 to $2.50 in an hour on Thursday but rebounded to about $3.25.” -CoinGecko.

We are currently waiting on more news from other sources and looking into the story ourselves with representatives researching on site at Marketplace. With any luck, we’ll have new reports by the end of the day.

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    Billy Houghton is a top acclaimed and sought-after commodities futures trading expert. The expertise and in-depth level of analysis that is offered by Billy Houghton is what has managed to put him at the stage of being the top ranked author for MetaNews among multiple different categories. Throughout his career, Billy has specifically spent over three decades on Wall Street fine-tuning his skills, which included over two decades at a trading desk. In more recent times, specifically the last decade, Billy has been researching algorithms of AI in futures trading, and believes they are the future of trading. He started writing about the Metaverse, as he thinks its the future of everything AI related.

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    Press Releases

    Apple May Have Changed Its Tone on The Metaverse After All

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    We know you’ve read about Apple’s hesitance, even blasé stance toward the Metaverse and all things to-do with it over the last few months. In fact, we’ve written about it ourselves more than once. But now, word is that Apple may be slyly releasing a kind of covert Metaverse endorsement. Ok, that’s not exactly the case, but they are certainly releasing some interesting tech that integrates rather cleanly with the Metaverse. For a company that has had the stance Apple

    Apple is investigating multiple ways virtual and augmented reality could be implemented into future iOS devices or new hardware products. Macrumors reported on this a few weeks prior to the writing of this article.

    Basically, Apple is rumored to be in development of a new kind of interface that will rival the failed tech of the past, such as Google Glasses and others, and that the plan to release them in the near future. They are designing a kind of contact lens (stop me if you’ve heard this one) that will interface directly with the Metaverse virtual realms.

    Is This For Real?

    According to the best sources we have, it looks like this will be little more than science fiction for at least the remainder of 2022. Honestly, if Apple does pull it off, it will represent a pretty substantial change in the tech/virtual interface market. So substantial, in fact, that we don’t really have a context to situate the potential market disruptions in.

    Despite rumors to the contrary, it seems that Apple is still working on its augmented reality glasses.

    This seems much more likely as an initial offering for the Metaverse tie-ins. Perhaps it will be somewhere in the middle, like a new operating sytem for the new iPhone and a new interface to rival Oculus and Viverse Flow.

    • MetaNews is your number one resource for information on the Metaverse and the markets that surround it.
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      A Whole Franchise From Square Enix is Coming to the Metaverse

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      Square Enix is undoubtedly one of the world’s largest game developers. They boast an almost legendary pedigree of creative directors and artistic minds, and an equally impressive catalogue of games under it’s belt. Everyone knows the heights to which games like Final Fantasy and Chrono Trigger  

      Game publisher Square Enix will bring its Dungeon Siege franchise into the metaverse game world of The Sandbox.” 

       

       

      CRYPTO GAMING

      Truly the next revolution in gaming, the crypto market coming to gaming platforms and pay-to-play dynamics is driving the newest advancements and marketing campaigns. Square Enix will be launching revamped versions of classics such as Dungeon Siege, and competitors will likely be launching similar game offerings around the same time to compete.   

       

      There will be a vast interactive component to the Dungeon Siege re-release as well as several other updated stylistic changes meant for the Metaverse. Although SE wasn’t the first to do something like this, they will certainly entice others to do likewise after this year’s launch. The competition is stiff and we won’t know to what degree SE will have contributed to the change in gaming until later. But here’s hoping! 

       

      Interestingly, Square Enix has also invested heavily into the Sandbox and other Metaverse land developments. This is likely to do with their plans to develop their interactive gaming platforms and offerings. 

      • MetaNews is your number one resource for information on the Metaverse and the markets that surround it.
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        Gaming is Undergoing a Revolution, and UnixX is Playing a Role

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        The gaming industry is a hotbed of competition, not merely for gamers, but for developers as well. A few years ago, you may have heard about a small conflict arising among consumers about pay-to-earn games. This type of game, beginning primarily on mobile platforms, basically made it impossible for a player to just buy a game and play through it from start to finish….without paying a fee of some sort to complete the game. Though it was a scandal at the time, a gneration of gamers have essentially grown up with this format. Now, with the advent of the Metaverse, a whole new vista has opened up, and UniX is coming to play a role. 

        At UniX Gaming, we conduct our due diligence on each game from gameplay to the gamefi ecosystem that is present within each title.” 

         

        The Metaverse is diversifying the methods and means by which developers can extract cash from a player base. NFTs, virtual coins, digital commerce tokens, it’s all up for grabs at the end of the day when devs want to make their games more profitable and accessible in a space like the Metaverse.

        UniX

        UniX is really a whole group, a tree of interconnected systems, projects, that “help people profit through gaming.” If that wasn’t on the nose enough, they state explicitly that their role in the Metaverse is going to be to assist game developers and creative minds in monetizing their contributions to the greater Metaverse. 

        The team has been working tirelessly behind the

        scenes on fulfilling our roadmap.

        So it appears that they are making strides to develop their roadmap and bring more ingenuity and versatility to game development on the Metaverse. We also see that the means by which they will enhance the player/finance dynamic will be heavily influenced by crypto and NFTs.

        • MetaNews is your number one resource for information on the Metaverse and the markets that surround it.
        • We deliver the relevant news, every day.
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