Gabrielle Rodriguez

AR/VR

Doodles Migrates Stoodio to Ethereum’s Base Network for Enhanced Efficiency

As part of its efforts to improve efficiency and user interaction, Doodles, an NFT-based entertainment brand, is making a major change. The Stoodio avatar customization platform will soon be moving from Flow to the Ethereum layer 2 network Base. This migration, expected to take place in mid-July, will utilize Base’s quicker and more cost-effective transactions, aligning with Doodles’ goal of expanding its reach and boosting engagement levels. Leveraging Base’s Efficiency for Broader Reach The move

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AR/VR

Metaverse Education: A $25 Billion Market by 2030

Digital technologies have completely transformed education over the past two decades. Still, the metaverse could take it to a new level. Although the use of the metaverse in learning is still in its early stages, the market is set to witness remarkable growth in the coming years. According to data presented by AltIndex.com, the global metaverse education market is expected to grow tenfold and reach a value of $25 billion by the end of the

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AR/VR

Enjin Blockchain Powers George Murphy’s Tokenized Vinyl Records

Enjin, together with George Murphy and The Rising Sons, has announced a new venture focused on revolutionizing the music landscape through tokenized vinyl records. By merging the timeless appeal of traditional vinyl with modern digital experiences, this project aims to impact the millions of artists and listeners who purchased 50 million vinyl records in 2023. The Enjin Ecosystem and Tokenized Vinyl George Murphy, a triple platinum-selling music artist and Irish songwriter, has joined the Enjin

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AR/VR

Parallel NFT Card Game Launches on Epic Games Store with $500K Tournament

Parallel, a new NFT-based card game powered by Ethereum, had a successful launch on Wednesday as it entered the Epic Games Store. This move strategically places Parallel in front of the platform’s vast audience of over 270 million users, including 75 million monthly active users. As Parallel joins the ranks of top PC games on the Epic Games marketplace, its reach is expected to expand significantly within the digital card game industry, providing players with

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AR/VR

Pixelverse Raises $5.5M to Expand Rapidly Growing Gaming Platform

Pixelverse, a rising entertainment studio and game ecosystem, has recently concluded a successful $5.5 million funding round with prominent venture capital firms and well-respected gaming and Web3 pioneers leading the investment. This financial backing will aid in expanding the Pixelverse gaming ecosystem, which has already garnered a massive 15 million users in its first month of launch. Key Investors and Strategic Backers Pixelverse is a cyberpunk-inspired gaming ecosystem that strives to make Web3 enjoyable and

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AR/VR

NFTs as Virtual Assets: South Korea’s New FSC Guidelines

The FSC of South Korea has released updated guidelines to classify non-fungible tokens (NFTs) as virtual assets. These guidelines precede the implementation of the ‘Virtual Asset User Protection Act’ on July 19, which aims to establish a more precise regulatory structure for digital assets. Overview of the New Guidelines The new guidelines address the treatment of NFTs, which will be subject to regulation comparable to cryptocurrencies in situations where they no longer possess distinguishing characteristics

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AR/VR

Grimace NFT Holders Get Special Perks in McDonald’s Metaverse

McDonald’s Singapore has ventured into the metaverse with its new digital environment, “My Happy Place.” This initiative, developed in collaboration with Bandwagon Labs, is accessible through the official McDonald’s app. It offers a unique blend of virtual and real-world experiences, with special benefits for the 2023 Grimace NFTs holders. “My Happy Place” provides users with a range of interactive activities. They can play games like Build-A-Burger, participate in daily contests through the Wheel of Deals

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AR/VR

Evolved Ape Creators Face 20 Years for Alleged Fraud

The U.S. Department of Justice (DOJ) has charged three citizens of the United Kingdom for participating in a fraudulent NFT scheme worth $3 million, associated with the “Evolved Apes” series. The named individuals, Mohamed-Amin Atcha, Mohamed Rilaz Waleedh, and Daood Hassan, are accused of wire fraud and money laundering. Details of the Scam The defendants are charged with promoting the sale of 10,000 NFTs on the Ethereum network, claiming they would be utilized in an

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AR/VR

Galaxy Digital Tokenizes Historic Violin as NFT for Multimillion-Dollar Loan

In a fusion of finance and cutting-edge technology, Michael Novogratz’s Galaxy Digital has provided a multimillion-dollar loan to Yat Siu, co-founder of Animoca Brands, using a unique combination of a tokenized 316-year-old Stradivarius violin and its digital counterpart, an NFT. Details of the Transaction Galaxy Digital extended the loan to Yat Siu, the chairman of Animoca Brands, who secured it with the physical violin, valued at over $9 million, and its NFT version. The tokenization

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AR/VR

Google and Magic Leap Forge Strategic Partnership to Transform Extended Reality

The recently announced partnership between Google and Magic Leap aims to transform the extended reality (XR) space, combining their respective strengths in optics and technology infrastructure. This collaboration comes despite both companies having faced significant challenges in the augmented reality (AR) market in the past. Google and Magic Leap have both had a tumultuous history in the AR/XR industry. Google’s initial foray with Google Glass, although innovative, faced consumer backlash and ultimately failed to gain

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