Crypto Hype

Disney Launches Specialized Metaverse Team to Explore ‘New Storytelling Frontier’

Disney has created a specialized unit of senior employees and executives to oversee its move into the metaverse. In the memo, the Disney CEO Bob Chapek was quoted as stating that the metaverse was “the next great storytelling frontier” and the “perfect place to pursue our strategic pillars of storytelling excellence, innovation and audience focus.”

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80s Icons Madonna, Stallone Carve Out a Slice of the NFT Pie – And Beckham’s Keen, Too

Leading the line is Madonna, the quintessential lady of the 80s, who took to Twitter to show off a Bored Ape Yacht Club creation that appears to have been formed in her image. It features an item of “S&M” headgear and a cigarette, a hat-tip (we warned you about these puns) to the iconic “Justify My Love” promotional images.

Stallone, whose ETH balance won’t be on the ropes after that issuance, promised buyers the opportunity to attend functions such as “dinners and meet-and-greets.” He clearly has the Eye of Tiger when it comes to crypto-spinning business opportunities.

David Beckham, the Nineties pin-up and football star, is kicking off his own campaign to score ETH riches. In a press release that features an image of Beckham literally “entering the metaverse” (we’re not making this stuff up), DigitalBits claimed that Becks had “become a global brand ambassador for the DigitalBits blockchain.”

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World of Women Galaxy Ethereum NFT Drop Generates
$79M in a Day

The rising World of Women NFT project gets a sci-fi twist with its new Galaxy collection—and it’s selling like hotcakes.

Original holders can claim one Galaxy NFT for each World of Women NFT they own, while another 2,222 Galaxy NFTs were offered at a lower price to “certain individuals and communities” that are working to broaden access to the NFT market.
nft then announced that actress Reese Witherspoon’s Hello Sunshine production studio will develop TV shows and films based on the NFT project, while Jazwares has secured the toy production license for the project. To date, the original World of Women NFT project has generated about $200 million worth of secondary trading volume, per CryptoSlam.

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NFTs Coming to Instagram in ‘Several Months’ as Metaverse is 'Next Chapter of the Internet' - Zuckerberg

-owned major photo and video social network Instagram might start supporting “some” NFTs “over the next several months,” according to multiple reports, citing Meta CEO . He also stressed the importance of the metaverse for his company.

In a conversation at Austin’s South by Southwest Festival (SXSW) on Tuesday, Zuckerberg announced the plan without disclosing many details, saying that the feature would go live as soon as Instagram works out the technical challenges.

“I’m not ready to announce exactly what that’s going to be today, but, over the next several months, the ability to bring some of your NFTs in, and hopefully over time be able to mint things within that environment,” the CEO was quoted as saying by TechCrunch.

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Metaverse Banking: HSBC Enters The Sandbox as JPMorgan Tests Decentraland

The British bank said it sees "great potential to create new experiences through emerging platforms, opening up a world of opportunity for our current and future customers and for the communities we serve."

The bank will acquire a plot of LAND, virtual real estate in The Sandbox metaverse, which will be developed to engage and connect with sports, esports, and gaming enthusiasts, per their announcement.

HSBC is joining the ranks of more than 200 partners of Animoca Brands-operated virtual world such as Warner Music Group, Adidas, Ubisoft, and Gucci. The partnership with HSBC could be particularly important for The Sandbox’s increased integration with the global financial infrastructure. With some USD 2.96trn in assets as of the end of 2021, the UK business is one of the world’s largest banking and financial services organizations.

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Art by Women Sells for 50% Less Than Men’s. NFTs Could Change That

NFTs could emerge as powerful tools for promoting female artists and might also put an end to the disparity that women creators have been facing. Fortunately, some organizations and NFT creators have already started working toward making the billion-dollar NFT industry an equal opportunity space.

Promoting equality in web3
UnocornDAO isn’t the only initiative that aims to bring equality in the NFT space. A newly launched NFT marketplace Agora is exhibiting the collection, a group of NFTs created by female artists, photographers, and illustrators. Meanwhile, Barcelona-based American art curator and author Tina Ziegler is planning to organize the first all-female NFT artist meeting this month at the Creative Debuts x Adidas Women’s History Month show in London.

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NFTs Will Become 'Critical Pieces' of Sports Industry - PwC

Non-fungible tokens (NFTs) are poised to become "critical pieces of the sports technology infrastructure," PricewaterhouseCoopers LLP (PwC), a multinational professional services network that offers business advisory services, said in its latest report.

Titled 'Sports Outlook 2022,' the report dives into the potential of NFTs within the sports industry, arguing that digital assets are among the top ten major trends shaping the future of sports.

NFTs, which are unique, non-interchangeable digital assets stored on a blockchain, have created an element of scarcity in the digital world for the first time in the history of the Internet, the report said, noting at least three use cases for these assets.

The most widespread application area for digital assets lies in collectibles. For decades, trading cards have been popular and, in fact, have become a big business. In a similar sense, PwC expects collectible NFTs to become the digital version of trading cards.

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The platform rebrand arrives in time with the closure of its seed funding round for $4.5 million.

With the pivot to a more NFT trading focused strategy, Hyperspace has built a new NFT marketplace aggregator integrated to its Solana NFT analytics dashboard from its previous version. This will allow its users to purchase NFTs from all major Solana NFT marketplaces.
The analytics site will also be introducing an NFT launchpad that will be used to showcase new NFT collections on the Solana blockchain.

Since its launch as Solanalysis, Hyperspace has enabled users to track the value of NFTs on their portfolio or connected wallet. With the rebrand, Hyperspace will also be implementing new smart contract integrations for all listed NFT marketplaces to introduce a seamless experience for its users.

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Read the full article on our website at Cryptohype.digital. Find the link in our bio.

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INJ books a 100%+ gain shortly after the release of the Injective Bridge v2 and the launch of DEX-based perpetual futures for ATOM.

Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $3.91 on Feb. 3, the price of INJ has rallied 157.8% to a daily high of $10.08 on Feb. 11 amidst a 1,756% spike in its 24-hour trading volume to $306 million.

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NFTs leading marketplace OpenSea has reportedly generated a total trading volume of $5 billion in the month of January. Surpassing their previous record of $3.4 billion back in August 2021.

In spite of recent drop in cryptocurrency prices OpenSea is a leading indicator of the NFTs markets surging momentum.
As the crypto market falls some traders may turn to NFT projects for example Bored Ape Yacht Club and Doodles as a store or value.

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NFT purchases will also include special perks at the 2022 festival such as front row access and a celebrity chef dinner. If the NFTs are resold Coachella photographers, art installation artists and design artists will receive part of the royalties. The collection is set to go live February 4th

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In the crypto ecosystem, wallets are perhaps the most critical user touchpoint serving as a gateway to exchanges and smart contracts.

Phantom, one of the premier wallet apps for the Solana ecosystem, has seen plenty of momentum as the result of investor and developer attention being paid to the Ethereum competitor which has seen its value explode over the past year

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That's the benefit of the whitelist — you secure NFTs at discounted prices so that you can sell them to the general public for a profit.

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“NFT scams are becoming increasingly common in line with increased ownership and the sophistication of technology making it easier for scammers to target investors," said Adam Morris, co-founder of NFT Club, an NFT educational site.

To protect NFTs and other digital assets, the insurance industry is developing new forms of coverage, specifically designed around the risks inherent in NFTs.

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I know I would have loved to have been thought about crypto from a young age.

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At a later date, The Sandbox will offer ardent fans the chance to buy virtual property next to WMG's section of the metaverse.

The deal will result in The Sandbox's first music-themed world. The platform has teamed up with artists including Snoop Dogg, Deadmau5 and Steve Aoki on an individual basis, but this is its biggest music partnership to date. WMG and The Sandbox didn't say when the virtual venue will debut.

Read the full article which outlines all new features. Link in our bio.

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Brett Harrison, FTX’s president, says that the crypto exchange’s valuation reflects its rapid growth in 2021 and will serve as the foundation for its future.

“FTX US scaled rapidly throughout the course of 2021, and our Series A valuation reflects both what we’ve concretely accomplished and what we’ve laid the groundwork for in 2022.”

With the newly raised funds, the company plans to launch new business lines, grow out its user base, offer more crypto derivatives, and challenge Coinbase for the leading crypto exchange operating in the United States.

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According to market data provided by Santiment, Ethereum whales have decided to buy the dip by grabbing an estimated $500 million worth of ETH as the number of Ethereum addresses holding more than 10,000 coins reached the ATH.

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Ethereum was developed in order to provide a platform that can facilitate immutable, programmatic contracts and applications via its own currency. However, it had certain limitations such as slow transaction processing and high transaction costs.

Ethereum developers have been updating the blockchain with new features and solutions. Ethereum 2.0 is a crucial development in the crypto space for users.

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Sneakmart has secured partnerships with celebrities and brands to develop 1-of-1 Metakicks. The first partner is Savoir Faire Paris, a french bespoke sneakers creator. Whoever picks up this unique NFT will receive their Metakicks non-fungible token and the Jordan 1 off-White Coffee Latte explicitly designed for this drop.

Sneakmart wants to bridge the gap between physical and digtial sneakers to make collectors and enthusiasts the pioneers of tomorrow’s fashion trends. Moreover, it paves the way for personalizing virtual avatars in the Web3 and Metaverse environments of the future.

A total of 6,250 boxes will be made available through the first drop via the Sneakmart website. The team eyes a drop date of February 2022.

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Google is taking their research and preparation to join the world of Crypto and the Metaverse to another level.

According to Bloomberg News, the tech giant will create a group that will focus on blockchains and other next-generation distributed computing and data storage technologies under the direction of newly appointed vice president of engineering Shivakumar Venkataraman.

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The partnership comes following the exchange’s announcement in October that it is launching Coinbase NFT, a peer-to-peer marketplace where users can mint, showcase and buy NFTs.

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With non fungible tokens increasing in popularity it is no wonder Meta has jumped in on the chance to offer NFTs on two of the biggest social media platforms used by over a billion people across the world.

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The metaverse project says the final land sales will occur in the first quarter of 2022.

The Pavia land parcels are currently selling for as low as 750 ADA, approximately $1,110, and as high as 850,000 ADA, about $1.26 million, on the Cardano NFT marketplace CNFT.

ADA is trading at $1.48 when posting.

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Justin Bennett, in a new strategy session says that Polkadots (DOT) price action is coiling due to trading within a bullish continuation pattern.

“The fact that this is a falling wedge, which is inherently a bullish pattern, and we also have the market in a macro uptrend, I do have reason to believe that this is more likely to break higher than lower.”
According to Bennett, he sees Polkadot ending its short-term downtrend and breaking out of the falling wedge by the second week of February.
Looking at potential targets for Polkadot, the crypto analyst believes that DOT can potentially ignite a 78% surge once it takes out the diagonal resistance of the wedge.

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This is Microsoft’s biggest push into gaming and largest acquisition in history. The company said “they will become the third largest gaming company by revenue, behind Tencent and Sony” once the deal has closed.

“Upon close, we will offer as many Activision Blizzard games as we can within Xbox Gale Pass and PC Gale Pass. Both new titles and games from Activision Blizzards incredible catalog.” Said Microsoft CEO of Gaming Phil Spencer.

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