NFT
Tomorrowland’s New NFT Project Offers Collectors a “Full Madness” Music Festival Experience
The comeback of Tomorrowland lies just on the horizon, and now there’s even more opportunities to become a part of one of EDM’s most beloved festival communities. Ahead of the brand’s last-minute preparations in anticipation of delivering three weekends of music festival magic, Tomorrowland has introduced the “Medallion of Memoria,” a new NFT project that brings the festival’s global community closer to the action. The “Medallion of Memoria” is assembled by accumulating three unique parts: “A Letter From The Universe,” “The Reflection Of Love” and a forthcoming third piece soon to be revealed. Minting each piece of the unique collection carries a subset of the medallion’s overall utility, b...
Fewocious Brings a Collaborative, All-Ages Paint Party to NFT.NYC
Almost one year to the day that he inadvertently crashed the Christie’s website during an auction of his NFTs, digital artist Fewocious took over a New York City warehouse as part of the fourth annual NFT.NYC week. The 19-year-old artist, real name Victor Langlois, introduced fans and industry players to an interactive, immersive space showcasing his fanciful, brightly colored vision of the world. But instead of doing a talk, panel or showcase, Fewocious opted to throw a FewoWorld Paint Party in Brooklyn’s Greenpoint neighborhood on Tuesday (June 21), encouraging everyone who walked through the doors to pick up a paint brush and/or spray can and start creating (jumpsuits and foot nets were provided to shield your clothes). True to the digital artist’s outside-the-box approach, the canvas a...
Can Metaverse technology enhance human-AI efficiency?
Conversational AI systems in the metaverse resemble human-to-human communication. Voice assistant AI has found its way to the metaverses of the new era, powering use cases like lifestyle assistance and personalized recommendations. For instance, rather than driving to a travel agency’s office or talking to their overburdened customer service, users can hop on the metaverse and take a tour of multiple awe-inspiring locations with the assistance of an AI-powered bot. An AI concierge in a metaverse is a personified machine that delivers unique recommendations based on the avatar’s preferences. Take into account the amount of data available on every person and you know the potential of this use case. Natural language processing in the metaverse makes it more personal than the real ...
Pharrell Williams Is Now The Chief Brand Officer At Doodles
HipHopWired Featured Video Source: The Washington Post / Getty A lot of names come up in discussions about the most accomplished Hip-Hop producers in the history of the culture, but one thing can be said for certain: If Pharrell Williams isn’t in the conversation, you’re having the wrong conversation. According to Hypebeast, at the NFT NYC conference this week, blue-chip NFT project Doodles announced that one of the most legendary Hip Hop staples from here to—wait for it—Neptune has been appointed as the project’s new Chief Brand Officer. From Hypebeast: Related Stories Appearing on the big screen at the Palladium Theater, Williams addressed an eager crowd of Doodle-holders saying, “I’m a big fan of the brand. We’re going to build from the core community outward and bring Doodles to new he...
Nonfungible airdrops: Could NFA become the next big acronym in the crypto space?
Airdrops have become the bread and butter of the crypto world — for good reason. They’re an indispensable marketing tool for up-and-coming projects that want to create a buzz around their ecosystems. Done right, distributing free tokens to the public can help elevate demand — and unlock big benefits for recipients. After all, if these altcoins end up being listed on major exchanges at a later date, their value could explode. Unfortunately though, downsides have started to emerge. These campaigns aren’t just reaching enthusiasts who passionately believe in what a project has to offer, but “airdrop hunters” who are merely scouring for ways to turn a quick profit. Airdrop hunters typically want to sell off the tokens they’ve received for free — as soon as they ca...
The community-centered approach to Web3 — Aave founder and CEO
Aave founder and chief executive officer Stani Kulechov said the firm was continuing to develop its decentralized social media platform, with Web3 potentially changing the way many view ownership. Speaking to Cointelegraph at the Collision conference in Toronto on Thursday, Kulechov said Web3 — a buzzword often thrown around which generally describes the next evolution of an internet based on blockchain technology — could impact how people use social media in much the same way cryptocurrency changed perceptions on finance. The Aave CEO remarked how developers had adapted protocols to handle custody, and the rise in nonfungible tokens, or NFTs, seemed to point to a community-centered approach. “I think Web3 is quite a lot related to the concept of ownership,” said Kulechov. “As we have owne...
deadmau5 and Zytara Partner to Launch Groundbreaking Digital Banking Experience
Canadian electronic music icon deadmau5 has formed a groundbreaking partnership with Zytara, an innovative fintech company, to change virtual banking as we know it. The partnership will offer the first-ever branded digital banking experience, according to a press release shared with EDM.com. Zytara’s technology is said to enable fans to “interact with deadmau5’s brand” through the company’s banking app, where they can discover merchandise, concerts, pop-ups and more. Fans will also be able to receive a deadmau5-branded virtual or physical debit card, which can be used at 45 million merchants worldwide. Zytara’s debit cards with deadmau5 branding. Zytara Scroll to Continue Recommended Articles This shape-shifting partnership is the latest i...
Politics As Usual: Dame Dash & Jay-Z Settle ‘Reasonable Doubt’ NFT Lawsuit
HipHopWired Featured Video Source: Ray Mickshaw / Getty It seems Dame Dash and Jay-Z have come to a reasonable understanding regarding Reasonable Doubt. The two have finally settled on their NFT lawsuit. As per TMZ the former business partners have made good on their differences regarding the ownership of Jay-Z’s classic debut. According to legal documentation obtained by the celebrity gossip site the former Roc-A-Fella Records duo have come to a mutual agreement on who can do what with the album with regards to the Metaverse. On Monday, June 13 paperwork was submitted by both parties stipulating that the former Cake-A-Holic can sell his one third ownership of it but can’t “in any way dispose of any property interest in Reasonable Doubt.” Related Stories In addition to...
Armin van Buuren Is Streaming an Original Concert Film—But Only for One Night
For one night only, fans have the opportunity to discover a lot more about one of trance music’s most tenured icons with the premiere of This Is Me. The forthcoming film details the life and experiences of Armin van Buuren, but June 30th will be the one and only date to catch the flick. The iconic “This Is What It Feels Like” producer is teaming up with HYMN to make this exclusive event a reality. Combining legendary moments on the silver screen with innovations in Web3, HYMN creates a path for artists and fans to share in a piece of music and cinematic history. Armin van Buuren is streaming his “This Is Me” concern film one time only. HYMN Scroll to Continue Recommended Articles Creating 1,234 Armin van Buuren NFT collectibles, HYMN is curating a collect...
Axie Infinity: AXS price risks deeper losses despite 90% drawdown already
Axie Infinity (AXS) has dropped by roughly 90% after peaking out at $172 in November 2021. AXS’s sharp correction has made it one of the worst performing digital assets among the top-ranking cryptocurrencies. Moreover, it could undergo further declines in the coming months, according to a mix of technical and fundamental catalysts listed below. Low player count dampens AXS demand To recap, AXS serves as a settlement token within the Axie Infinity’s gaming ecosystem, allowing players to purchase native nonfungible tokens (NFT), a flurry of digital pets called “Axies.” It also acts as a work token that players can spend to breed new Axies. New users that enter the Axie Infinity ecosystem need Axies to pit them in a battle against other Axies. When they win, the platfo...
This key Ethereum price metric shows ETH traders aren’t as bearish as they appear
Ether (ETH) is down 25% in just a month and even the recent upgrade to a proof-of-stake (PoS) consensus on the Ropsten testnet failed to move the altcoin’s price. The merge is meant to address energy-use issues and open a path for higher transaction output, but the actual full transition for the Ethereum network is not expected until later in the year. Ethereum developer Parithosh Jayanthi also noted that some bugs on the PoS implementation emerged, but those should be fixed over the coming weeks. Luckily for Ethereum, two of its top competitors recently faced challenges of their own. The Solana (SOL) network faced the fifth outage in 2022 after no new blocks were produced for four hours on June 1. Every decentralized application was halted until the validators were able to addr...
Nifty News: ‘Blue-chips’ halve in value, free-to-mint Goblintown NFT volume surges
“Blue-chip” nonfungible token (NFT) collections have seen their floor prices and market capitalization slide over the past 30 days, with some of the most well-recognized projects halving in value for these key metrics. Data collected on key Ethereum NFT projects by DappRadar shows the floor prices of established collections such as CryptoPunks, Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC) and Moonbirds are at most down around 55% over 30 days. The MAYC is the worst off of the four, with the floor price diving 55% to 16.7 Ether (ETH), or $31,300 at the time of writing. The more popular BAYC has fallen over 47% to 86.7 ETH, or $163,000, and CryptoPunks by almost 49% to 45 ETH, $85,000. The only collection to gain in the month was Moonbirds, up 22% with a 19.6 ETH floor...
