The most valuable NFT avatars in the metaverse are all white males

Bloomberg has a new piece all about the metaverse market place for proprietary digital art avatars. Because it's not enough that we live in a world where people are investing actual, legitimate money into a glorified version of The Sims; of course there's a whole industry just for non-fungible token avatars where people spend hundreds of thousands of dollars (or more) just to lay claim to a cartoon digital identity. — Read the rest
Tags: Post, News, Bloomberg, Crypto, Crypto Wars, Cryptocurrency, NFT, NFTS, Hello Metaverse Nice To See You Again, Avatars, Metaverse, Cryptojacking, CryptoPunks, Vanity cryptocurrency

Ubisoft 'Quartz' NFT video delisted after overwhelmingly negative feedback

New Ubisoft video premiering purchasable NFT items in Ghost Recon: Breakpoint has been delisted following a torrent of negative feedback. #ubisoft #nft #breakpoint #ghostrecon
Tags: NFT, Ubisoft Quartz NFT, New Ubisoft

How Brands Can Find Value in the Metaverse 

After launching his own NFT collection, "VeeFriends," Gary Vaynerchuk has been able to bring his ambitions of building a community around his creative and business passions to life using NFT technology. He sat down with Adweek during Commerce Week to break down NFTs and how they'll change the future of marketing as well as how...
Tags: Advertising, Adweek, Gary Vaynerchuk, NFT, Metaverse, Commerce Week

10 things before the opening bell

MetaverseThinkhubstudio Welcome to 10 Things Before the Opening Bell.If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go – click here for iOS and here for Android.Let's jump in. 1. The disruptive power of the metaverse can't be overstated — that's according to Jefferies. Investors are warming to all things virtual, including digital land, luxury items tied to the blockchain (did you hear about the metaverse yacht?), and virtual economies....
Tags: Elon Musk, Florida, US, Trends, Warren Buffett, Morgan Stanley, Jefferies, Craig Wright, Wright, NFT, Charlie Munger, Jablonski, Mike Wilson, Sylvia Jablonski, Phil Rosen, Cathie Wood

Ubisoft Becomes First Major Gaming Company To Launch In-Game NFTs

An anonymous reader quotes a report from Decrypt: Today, the publisher behind Assassin's Creed and Just Dance revealed Ubisoft Quartz, a platform that lets players earn and purchase in-game items that are tokenized as NFTs on the Tezos blockchain. Quartz will launch first in the PC version of Tom Clancy's Ghost Recon Breakpoint, the latest online game in the long-running tactical shooter series. Quartz will launch in beta on December 9 in the United States, Canada, France, Germany, Spain, Italy,...
Tags: Australia, Tech, United States, Ubisoft, Tom Clancy, NFT, Assassin, Quartz, Ubisoft Quartz, Ubisoft Becomes First Major Gaming Company, Canada France Germany Spain Italy Belgium Brazil, Bitcoin Tezos

Nasdaq soars 3% as US stocks erase nearly all Omicron losses

Traders work on the floor of the New York Stock ExchangeAndrew Burton/Getty Images US stocks soared on Tuesday as fears surrounding the Omicron virus faded.Early data from GlaxoSmithKline shows that its antiviral drug retains activity against the variant.Oil prices surged on Tuesday as investors now see little chance of Omicron disrupting the economic recovery from the pandemic.US stocks surged on Tuesday, with the Nasdaq jumping over 3% and recovering all of last week's losses as fears of...
Tags: US, Trends, Markets, Merck, GlaxoSmithKline, Pfizer, Stock Market, S&P 500, Dow Jones Industrial Average, NFT, Terra, Matthew Fox, Alexandria Ocasio Cortez, Cathie Wood, ARK Invest, Stock Market News

Crypto Fans Rejoice, Gamers Revolt as Ubisoft Announces NFT Plans

The first major game maker to roll out in-game NFTs was met with backlash Tuesday from a crypto-wary public. #gamersrevolt #gamemaker #nfts #ubisoft
Tags: Ubisoft, NFT

Artist Sells Eggs From Her Ovaries As NFTs

“Armenian artist Narine Arakelian, 42, says her first NFT will be a painting entitled Live – which will include an embedded contract promising one of her eggs to the buyer. … She fully expects the person who buys the NFT to conceive a child from her egg.” – Page Six
Tags: Art, People, NFT, Narine Arakelian

Ubisoft becomes the first major video game developer to launch in-game NFTs

Ubisoft logo displayed on a phone screenJakub Porzycki/NurPhoto via Getty Images Ubisoft said it is releasing the first playable, energy-efficient NFTs in a video game. PC players will have access to the NFTs, called Digits, this week when Ubisoft begins beta testing with Ghost Recon: Breakpoint. The tokens will be unique collectibles and allow players to "complete missions with style." Ubisoft is breaking ground in the video game industry with the first-ever playable NFTs that users can coll...
Tags: Video Games, Trends, Markets, Crypto, Ubisoft, Tom Clancy, NFT, NFTS, Ghost REcon, Phil Rosen, MI Exclusive, Getty Images Ubisoft, Ubisoft Quartz Players, Ubisoft Quarts, Baptiste Chardon

Ubisoft Quartz shows the boring reality of video game NFTs

NFT evangelists have a great elevator pitch for the tech, but Ubisoft Quartz shows that the reality is much less appealing.
Tags: Gaming, Trends, Ubisoft, NFT, Ghost Recon Breakpoint, Ubisoft Quartz

Ubisoft is bringing NFT gear to Ghost Recon

Ubisoft is officially getting into NFTs. On Tuesday, the company announced a new platform, Ubisoft Quartz, where it will offer NFTs that it’s calling Digits. The Digits will be available first as... #ubisoft #pressrelease #ghostreconubisoft #nft
Tags: Ubisoft, NFT, Ubisoft Quartz

NFT sales hit $293 million over the past week. These were the 5 best-selling digital art collections.

The Desperate ApeWives NFT collection on display at #0XGenesisErika Goldring/Getty Images for Marshland NFT sales have had a breakthrough year in 2021, with total sales volume surging to $12 billion.The NFT market is dominated by a handful of standout leaders due to their popularity and rarity. These are the five best-selling digital art collections that helped drive $292 million in NFT sales over the past week. The cryptocurrency boom over the past two years has helped propel a newer market to...
Tags: Trends, Ugc, NFT, Sotheby, Yacht Club, Matthew Fox

Ubisoft launches NFT-focused service called Ubisoft Quartz

Ubisoft's first foray into NFTs will be cosmetics coming to Ghost Recon: Breakpoint.
Tags: Gaming, News, Trends, Ubisoft, NFT, Ghost Recon Breakpoint, Ubisoft Quartz

Ubisoft NFTs, called 'Digits', launch for in-game items

Game maker Ubisoft is launching its in-game NFT system this week.
Tags: News, Ubisoft, NFT

Ubisoft puts NFT in games starting with Ghost Recon Breakpoint

Ubisoft will drop free NFTs to PC players when beta begins on Thursday #ghostreconbreakpoint #pcplayers #nfts #ubisoft #nft
Tags: Ubisoft, NFT

Retail buyers made up 80% of NFT transactions as sales and volumes have boomed this year: Chainalysis

Andriy Onufriyenko / Getty Images Retail buyers have accounted for 80% of all NFT transactions, according to a report by Chainalysis.  19% of NFT transactions were between $10,000-100,000, while 1% were institutional transfers, the report said. NFTs have boomed, as celebrities, big fashion houses, athletes and creators have launched their own. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The market for non-fungible tokens has exploded this year. These unique digit...
Tags: Trends, Katy Perry, Burberry, Louis Vuitton, NFT, Chainalysis, Andriy Onufriyenko Getty, Camomile Shumba, Chainalysis Retail

The NFL is launching fantasy football NFTs in a partnership with DraftKings

An NFL game between the Philadelphia Eagles and Dallas Cowboys.Andrew Dieb/Icon Sportswire via Getty Images DraftKings and the NFL Players Associate have partnered to launch gamified NFTs, which will be incorporated into DraftKings fantasy football platform.  The deal grants DraftKings licensing rights for the name, image, and likeness of active NFL players. The non-fungible tokens will feature varying tiers of rarity and special editions.  The National Football League Players Association (NF...
Tags: NFL, Trends, Nba, Philadelphia Eagles, Tom Brady, NFLPA, NFT, National Football League Players Association NFLPA, NBA MLB, Phil Rosen, Getty Images DraftKings, Dallas Cowboys Andrew Dieb Icon Sportswire, Beth Beiriger, Beiriger

Jim Henson Company is selling Labyrinth-themed NFTs

According to a press release , the Jim Henson Company is launching its first foray into non-fungible tokens with some new Labyrinth 3D artwork, in partnership with the digital collectibles platform VeVe. In the initial drop, fans will be able to purchase 3D digital collectibles inspired by the film exclusively through the VeVe app, available to download on the App Store and Google Play.  — Read the rest
Tags: Google, Post, Video, News, David Bowie, Blockchain, Labyrinth, NFT, Jim Henson, Jim Henson Company, Digital Art, NFTS, David Bowie and his bulge, Non Fungible Tokens, The Grimace Was The Original Nft, You Remind Me Of The Babe

10 things before the opening bell

Investors have been facing market volatility thanks to the new Omicron variant.Xinhua News Agency/Getty Images Welcome to 10 Things Before the Opening Bell.If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go – click here for iOS and here for Android.Let's jump in. 1. Omicron and the US economy. The new virus variant — which has now spread to one-third of US states — may end up stemming the inflationary tide that's gripped the economy. That...
Tags: Apple, Florida, Texas, Amc, US, Newsletter, Trends, Markets, Tesla, Ubs, Tom Brady, SEC, Goldman Sachs, 10 Things, Jpmorgan, AutoZone

FaZe Clan, MoonPay strike deal to bring crypto, NFT and esports together

The deal with Faze Clan is MoonPay’s largest partnership to date.
Tags: Advertising, NFT, Faze Clan, MoonPay

AOC reveals she doesn't hold bitcoin because she wants to be an unbiased lawmaker

Rep. Alexandria Ocasio-Cortez of New York.J. Scott Applewhite/AP Photo Alexandria Ocasio-Cortez isn't a bitcoin holder, the New York Representative disclosed on Monday. Members of Congress shouldn't hold or trade digital assets, in the same way that they should steer clear of stocks, AOC said on Instagram. AOC, who sits on the powerful House Financial Services Committee, said she wants to do her job as "ethically and impartially" as she can. Rep. Alexandria Ocasio-Cortez isn't get...
Tags: New York, Instagram, Congress, US, Trends, Wyoming, Aoc, NFT, Sen Rand Paul, House Financial Services Committee, Financial Services Committee, Scott Applewhite, Alexandria Ocasio Cortez, Ocasio Cortez, Shalini Nagarajan, Sen Cynthia Lummis

Explained : DAOs, NFTs and lending

Every DAO fanatic I talked to shared a story about having his/her contributions and ideas marginalized by a traditional hierarchical corporate structure. – fintechjunkie It’s been fun learning in public. I could write hundreds of tweets each week about my crypto journey. Instead, I’ll do my best to be topical and synthesize my learnings. Today’s topics: DAOs, NFTs and Lending DAOs I’ve had a number of conversations with people involved in DAOs and it’s easy to see why there’s exciteme...
Tags: Business, Tech, Kickstarter, NFT, Fomo, Thethreadmill

Virtual land sales in the metaverse dominated the NFT market

Data from industry metrics platform NonFungible.com indicates that there has been more than $300 million in NFT sales over the past week. The Sandbox traded a total volume of $70.5 million for 4,433 assets over the past week – making it the metaverse collection that raked in the most cash. Over the past seven days, CryptoVoxels traded around $650,000 in volume for 81 assets; Somnium Space traded $492,000 for 40 assets; and SuperWorld traded $227,600 for 506 assets – all of their top trades were...
Tags: Business, News, NFT, Somnium Space

Sports Organizations Are Scrambling to Get In on the NFT Craze

If you had asked Philadelphia 76ers president Chris Heck about crypto a year and a half ago, he jokes he would have thought you were talking about a Superman comic. But cryptocurrency has since become something of a quarantine obsession for the NBA team executive. After spending around a year poring through research on the...
Tags: General, Advertising, Magazine, Nba, Blockchain, Philadelphia 76ers, NFT, Sports Marketing, Chris Heck

Small Group of Insiders Reaping Most of the Gains on NFTs, Study Shows

Non-fungible tokens are one of the hottest things in cryptocurrencies right now, with the prospect of big gains should the latest collection rise in value. But a new study from Chainalysis shows that a small portion of participants reap most of the gains. From a report: Investing frequently in a wide array of collections appears to lead to the highest profits, Chainalysis said in its report. It added that whitelisting -- the practice of allowing a certain set of followers or others to purchase n...
Tags: Tech, NFT, Small Group, Chainalysis

How “Web3” May Change Value In The Arts

The NFT confers public proof of ownership and authenticity of an item, which may or may not include copyright — just as in the physical world an artist may sell a work but retain the intellectual property. – The New York Times
Tags: Art, Ideas, NFT

Hype around the metaverse drove NFT tokens up 42% in November, making it the best performing cryptocurrency sector

Sand, the cryptocurrency of The Sandbox metaverse, rose 330% in November.The Sandbox NFT-linked cryptocurrencies stormed ahead in November, as investor interest in the metaverse surged. A basket of NFT cryptos rose 42% in November, making it the best performing part of the market. Sand, the native token of The Sandbox, shot up 330% in November, according to Kraken data seen by Insider. NFT-linked cryptocurrencies were by far the best performing group of digital assets in November, according t...
Tags: Trends, Bitcoin, Federal Reserve, Saxo Bank, Baillie Gifford, Kraken, NFT, Harry Robertson, Steen Jakobsen, Kraken Intelligence, Metaverses, Sandbox NFT

Wikipedia's first ever edit is being auctioned as an NFT

Wikipedia co-founder Jimmy Wales is auctioning off a non-fungible token (NFT) of the first edit ever made on the site.
Tags: Wikipedia, Cnn, Jimmy Wales, NFT

AMC is offering NFTs to investors who own the stock following the success of its Spider-Man giveaway

Igor Golovniov/SOPA Images/LightRocket via Getty ImagesIgor Golovniov/SOPA Images/LightRocket via Getty Images Movie-theater chain AMC is offering an NFT free-of-charge to its shareholders. The NFT is a picture of a gold medallion that reads "I own AMC." AMC sold its first series of NFTs for early ticket buyers for the Spider-Man movie premiere. AMC is offering NFTs to owners of its stock after its successful Spider-Man giveaway. The Leawood, Kansas-based movie-theater company said current me...
Tags: Amc, Trends, Markets, Getty, NFT, Aron, Adam Aron, Leawood Kansas, NFTS, AMC AMC, Igor Golovniov, Spider-man far from home, Natasha Dailey, MI Exclusive, Meme Stock, AMC Investor Connect

​​Floki inu is going to get its very own metaverse in February, while the team behind the dogecoin spinoff expands its marketing push around the world

Floki inuZie Project The team behind floki inu is planning to launch a metaverse in February 2022. The project said its marketing efforts would allow its products to be "massively" used and adopted.  The floki inu marketing campaign has rolled out to 15 different countries. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Dogecoin spinoff floki inu plans to launch its own metaverse in February next year, the team behind the memecoin said, as the project pushes ahead w...
Tags: London, Germany, India, Trends, Kerala, NFT, Sandbox, Bayer 04 Leverkusen, Floki, Decentraland, Cathie Wood, CoinGecko, Opening Bell Dogecoin, NonFungible, Camomile Shumba, UK Dubai