Metaverse

Posts about Metaverse. Subscribe to my newsletter to make sure you don't miss anything.
Set to launch in early 2023, NFL Rivals will make you the General Manager of a fantasy NFL team as you compete against other GMs with their assembled player rosters and teams, building, leveling up and improving their lineup. In addition, you'll be able to own, collect, and trade non-fungible tokens (NFTs) of your favorite players through this play-and-own game experience. Continue Reading →
It's the end of an era: New York City removed its last public payphone on Monday. The city began removing street payphones in 2015, replacing them with kiosks that offer free phone calls, Wi-Fi, and device charging. The boxy enclosures were once an iconic symbol across the city, but the rise of cellphones made the booths obsolete. Continue Reading →
Metacademy
I’m thrilled to announce the public beta launch of Metacademy: a free-to-use, risk-free, hands-on website that will teach you about blockchain, cryptocurrency, NFTs, smart contracts, Web3, and other associated technologies. You’ll learn about the world of Web3, decentralized finance (DeFi), the correct way to set up a crypto wallet, how to mint your own NFTs, and how to buy and sell them. Continue Reading →

Where Are Your NFTs?

NFTs
You just purchased your first NFT. Where is it? Is it sitting in your account on the marketplace you purchased it from? Do they have custody of your digital asset or do you? Did you transfer your NFT to your crypto wallet? If so, do you believe your new NFT is actually in your wallet? It isn't. That's not how this works. Here's what is really in your wallet. Continue Reading →
Yuga Labs, the company behind the Bored Ape Yacht Club, sold 55,000 virtual plots of land in its upcoming metaverse, Otherside, for about $5,800 each. While the transactions were done in ApeCoin, the NFTs were minted on Ethereum, where gas fees for each mint ranged from 2.6 to 5 ETH ($6,500-$14,000) at the time of the transactions. By the time the virtual land deeds sold out, buyers paid a total of about $123 million in gas fees to send Yuga Labs about $320 million. Ouch! Continue Reading →

Is Play-to-Earn Over?

Two weeks after being hacked for $625 million (the largest hack in crypto history), the price of Axie Infinity (AXS) has fallen by nearly 30 percent. Despite a $150 million raise (led by Binance) to help Axie Infinity reimburse players whose ETH was stolen, the market for AXS appears bearish. Continue Reading →
Axie Infinity announced the global early access release of its free-to-play game Axie Infinity: Origin. The launch of the entry-level game comes a week after Axie's Ronin Network was hacked for $625 million, which was one of the largest crypto hacks ever. Continue Reading →

Gimme My Zuck Bucks!

Meta (the company formerly known as Facebook) is thinking about creating its own virtual currency. Some reporters (and anonymous company sources) say it is unlikely to be a cryptocurrency. That seems naive. No matter how they create Zuck Bucks, if it has a value inside of the Zuckerverse, it will have a value outside of the Zuckerverse. Continue Reading →
Crypto Kool-Aid
I just spent the most wonderful week in Los Angeles speaking, moderating, and partying at NFT|LA, a gathering of Web3 enthusiasts with a special emphasis on NFTs and all things crypto. The organizers did an outstanding job mixing solid content and amazing experiences. I'm sure everyone had an incredible time. I'm also sure the audience was bifurcated into two clearly defined groups: predators and prey. Continue Reading →

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