XLABEL Develops Tarzan NFT Collection on Ethereum Blockchain
Digital fashion studio XLABEL has struck a deal with the estate of Edgar Rice Burroughs, the creator of Tarzan, to develop a multi-year licensing deal on the Ethereum blockchain. The studio will create a 9,999-token NFT collection featuring Tarzan: Lord of the Apes, which will retail for 0.05 ETH ($90) each to an allowlist that will launch on 28 March, with a public sale commencing the following day for 0.06 ETH ($110) each.
Crypto Evening Briefing: Nasdaq Eyes Crypto Custody Launch by End of Second Quarter
Nasdaq Inc. expects its custody services for digital assets to launch by the end of the second quarter as it joins a growing pool of traditional financial firms that could fill the role of crypto middlemen following a spate of bankruptcies in the industry.
NFT Investor Animoca Brands Cuts Target for Metaverse Fund to $800M: Reuters
Non-fungible token (NFT) and gaming investor Animoca Brands has reduced the target for its metaverse fund by 20% to $800 million, Reuters reported on Friday, citing two people familiar with the matter.
The Sandbox Announces a Partnership With Ledger Enterprise
The Sandbox has made it plain to its metaverse partners that it will ensure security. It has been successful thus far, but as technology becomes more complex, it is now time to seek out partners to adopt stronger security measures. The Sandbox has partnered with Ledger Enterprise to offer scalable security and treasury management to the metaverse.
Hadean Raises $5M for Metaverse Infrastructure Solutions
Hadean announced today that it has raised an addition $5 million in funding for the build-out of its metaverse infrastructure solution. The new funding adds to the company’s previous Series A round, where it raised £30 million last September. According to the company, the funding will help support bigger, more immersive virtual worlds.
A Guide to the Metaverse: Understanding Its Benefits and Use Cases
The metaverse concept has quickly gained traction in the business world and is drawing the attention of influential figures in the innovative technology industry.
Metaverse NFT Trading Volume Hit New All-Time High, DappRadar Says
Non-fungible token (NFT) trading increased across virtual worlds in the first quarter of 2023, according to a DappRadar report published Thursday, totaling $311 million so far this year.
Animoca Brands Backs Metaverse Construction Company LandVault
The leading metaverse development brand LandVault confirmed its latest funding round of $37M led by Animoca Brand’s The Sandbox, Softbank, and Kingsway Capital. Over the past two years, the group has innovated metaverse infrastructure with partners such as Heineken, L’Oreal, and Mastercard. LandVault aims to use the funds to continue its Web3 expansion and hubs located across three continents.
Upland Hosts 2023 Hackathon To Showcase Future of Metaverse Super Apps
Along with the EOS Network Foundation, a community-led, not-for-profit organization that manages public-goods financing and assistance to stimulate the expansion of the EOS Network, metaverse app Upland is launching its second hackathon, where Web2 and Web3 developers are welcome to offer new games and experiences utilizing Upland assets.
Huobi Launches the Dominica Metaverse Bound Token (DMBT)
Huobi, the virtual asset trading platform, has announced the launch of the Dominica Metaverse Bound Token (DMBT). The launch of DMBT is part of the rollout of the Dominica Metaverse Digital Citizen (DMDC), which was authorized by the government of Dominica in collaboration with TRON and DMC Labs.
