NFTs Have Revolutionized Art, But the Metaverse is Propelling the Change
Since the dawn of time, art has been relatively subjective and yet one of the most prized possessions for humans. Whether they are paintings or sculptures, books or vinyl records, owning art as opposed to consuming art is viewed as astute and royal. Psychologically, it gives the owner a feeling of power to own a unique and rare art piece, and thus from exclusive painting exhibitions to limited book sales, people generally storm in with the hopes of getting involved. For years, exhibitions have been an essential source of selling paintings or sculptures to the end-users. However, the new....
Related News
NFTs are here to stay and the arrival of the metaverse is only set to make their appeal and use even more popular. Even as nonfungible token (NFT) transactions have taken off and made headlines, to most people outside the crypto world, they’re just a gimmick. The metaverse will change that.There’s always a tipping point when new technologies go from incomprehensible fringe interest to, suddenly, part of life. That point usually comes from the confluence of a number of drivers and, right now, we’re experiencing what happens when two such trends hit the inflection point together.Mark....
According to Globant, 34% of gamers are interested in conducting crypto transactions in the Metaverse, while 16% have purchased NFTs in the past. Despite a backlash from a vocal part of the gaming community, a new survey has revealed one-third of gamers have expressed interest in using crypto in the Metaverse.And more gamers than not believe the Metaverse will have a positive impact on gaming. The survey was published on July 13 by institutional software developer Globant. It was conducted by YouGov and polled 1,000 adult PC, console and/or mobile gamers last month, with 34% of respondents....
Realm and KidEight are coming together to unleash the world’s first fully interactive NFT in the Metaverse: KidEight’s EVOL Slidin’. Realm players will be able to joyride and race EVOL Slidin’ in Realm. Empowering NFT creators is just the start. Metaverse creator platform Realm is stepping up its ambition to change how NFTs are experienced […]
It is the integration of nonfungible tokens into the Metaverse that has initiated the transformation of our interactions in virtual worlds. Blockchain is a core technology that differentiates itself from other technologies by having solved the double expense with the emergence of the Bitcoin blockchain in 2008. Nonfungible tokens, or NFTs, were driven by blockchain technology which brought scarcity and interoperability to nonfungible tokens. But, what do blockchain technology and NFTs have to do with Metaverse? Why are large companies experimenting with NFTs in Metaverse?The MetaverseThe....
It’s now possible to travel between metaverses thanks to Ertha’s Portal NFTs. The game’s passionate community has already spent over $60,000 on these NFTs, despite their purpose being a mystery until now. Ertha’s players will travel instantly between their home planet and Moon – a brand new Sci-Fi-inspired metaverse. Portals are an easy source of […]