NBA Launches Initiative Dedicated to Web3, Metaverse, and NFT Collectibles
This week, the National Basketball Association (NBA) announced the launch of its own non-fungible token (NFT) initiative called “NBAxNFT.” According to the professional basketball league, the goal is to showcase “all things intersecting basketball and Web3, including NFTs, gaming, and the metaverse.” Professional Basketball and Web3 Collide Following the popular collection NBA Top Shot and the upcoming Golden State Warriors 2022 Playoff responsive NFT collection, the NBA has started NBAxNFT, which currently consists of a Twitter account and....
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The Open Metaverse Alliance, OMA3, was launched by a group of Web3 dedicated companies in order to create standards for an interconnected metaverse. The organization, formed by companies such as Animoca Brands, Dapper Labs, The Sandbox, and Unstoppable Domains, stated its objective was to achieve a decentralized, community-led, and user ownership-oriented open metaverse. Open Metaverse Alliance OMA3 Wants to Address the Isolated World Problem While the concept of the metaverse has grown to define a significant number of business models for the next years, there are inherent problems to its....
PRESS RELEASE. B.Duck, a global character IP, is entering Web3 with its first metaverse partnership with GigaSpace, working alongside MADworld to establish a Web3 blueprint for brands and IPs in the metaverse. Created by the Hong Kong-listed company Semk Holdings International Limited (2250 HK), B.Duck joins the initiative “Project Spaceport” by acquiring land NFTs in the GigaSpace and will build experiences to bring joy, positivity, and fun to its 10+ million fans around the world. Brought into the digital world by the NFT platform MADworld, B.Duck has already launched a 3D....
DIGITALAX, the digital fashion NFT platform, has announced it is planning to launch a metaverse magazine based on NFTs. Called DIGIFIZZY, it’s the first of its kind. The initiative will feature voices, creators, insights, and hot topics from the metaverse, fashion, gaming, Web3, and more. Along with the magazine itself, DIGITALAX is pioneering a brand-new […]
The World Economic Forum (WEF) has launched the Crypto Sustainability Coalition, an initiative dedicated to assessing the role of Web3 technologies in the fight against climate change. The organization, which is composed of 30 companies, educative groups, and other institutions, will research the impact of the energy consumption of these technologies, and how they can be used to aid the current decarbonization efforts.
WEF to Use Web3 to Fight Climate Change
Web3, a term that groups cryptocurrency and blockchain-based technologies, is currently in the spotlight of energy groups....
Konami, one of the most influential Japanese game development and publishing companies, has announced it will be introducing Web3 and metaverse technologies into its games. The company opened 13 different job openings for three departments that will be responsible for developing the new projects to spearhead Konami’s latest business strategy. Konami to Enter Metaverse and Web3 Arena Konami, one of the biggest AAA game developers and publishers in Japan, is showing interest in jumping on the metaverse and Web3 entertainment bandwagon. The company recently published a series of job....