Bob Iger, the former CEO and chairman of the US diversified multinational mass media and entertainment conglomerate Disney, has made a personal investment in Genies, a digital avatar technology company, followed by joining the board of the Los Angeles-based metaverse firm.
The growth of the NFT market is a well-known story by now. The craze around NFTs is even more intense than any of its blockchain counterparts as it indicates a convergence of the digital and the physical world.
Gamers will keep assets from blockchain games “for decades,” and FTX won't support any “pump-and-dump projects,” he told Decrypt.
The NFT collection has matched BAYC holders’ $1 million in contributions with a donation of its own.
Why are Ethereum’s gas fees falling?
“Gaming is the best use case the world has ever seen for blockchain and I believe we will see 10 million wallets interacting with blockchain games before the end of this year,” said Oasys founding member Gabby Dizon.
JPMorgan is officially the first major bank in the Metaverse, having opened a virtual lounge in blockchain-based Decentraland in an effort to capitalise on a “$1 Trillion” market opportunity.
Trademark filings raise questions on how McDonald's intends to position itself in the Metaverse.
“Season 20 is close and when it’s released, a variety of important economic balancing changes will be implemented.”
The two companies said that creating eco-friendly NFTs will be one of the primary concerns for future collabs.
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