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Metaverse

Stepn Founder Wants To Promote Healthy Body and Mind, but Skeptics Question the App’s Sustainability

The company intends to leverage 5% of its platform fees to initiate a buyback and burn program of its green metaverse token (GMT) The price of GMT has increased by nearly 23% in the…
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Art, Blue-chip NFTs Drive Q2 NFT Market Growth

Art Blocks’ Chromie Squiggle is among the top 10 blue-chip collections Gaming NFTs are down more than 59% year to date Consumers are continuing to show interest in NFTs in the face of agitated markets, with art and blue-chip…
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Web3 Watch: GameStop Opens NFT Marketplace, Magic Eden Fund Focuses on Web3 Gaming

Crypto Punk #4464 was the top NFT sale of the week, which sold on Tuesday for 2,500 ETH, or $2.6 million Ethereum Name Service domain names has the highest sales of any NFT…
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Shanghai Allocates $1.5B to Metaverse Development Fund

Shanghai’s new industry fund will broadly invest in the metaverse, as well as smart terminals and energy projects Chinese stocks and commodity prices dropped after emergence of…
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Axie Infinity Active Users, NFT Prices Continue To Decline After Bridge Reopening

Axie’s weekly NFT sales volume fell from a $753 million high in November to $3 million last week StepN, an Axie competitor with a similar business model, has also seen its game…
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Alleging Copyright Infringement, Bored Apes Take Satirist to Court

Bored Ape Yacht Club was the top-ranked collection by trading volume on OpenSea in the past 30 days A number of intellectual property lawyers weighed in on the significance of the…
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‘Ghost in the Shell’ and Bill Murray Get New NFT Collections

“Bill Murray 1000,” a collection of biographical NFTs, depict acrylic-on-canvas paintings of Murray FLUF world and Ripple establish new blockchain The Root Network…
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Bored Apes and Doodles and Snoop Dogg, Oh My!

The top 10 collections went up by about 25% over the last week during New York’s premiere NFT summit The future of the Open Metaverse and crypto-based gaming were topics of…
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More Value in Digital Collectables Than Their Physical Counterparts, NFT Marketplace CEO Says

NFT collectibles saw $6 billion in trading volume in the first quarter of 2022 “If you want to be a global market, crypto is fundamentally the best deposit mechanism,” Dibbs CEO…
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NFT.NYC Producer Says Trading Most Boring Part of the Ecosystem

A fourth annual NFT (non-fungible token) event featuring 1,500 speakers will take place next week across seven venues in New York City “We don’t allow people to come and talk about…
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