How Novatar Will Take Over The Billion Dollar NFT Sector
NFT popularity is far from reaching its peak, the digital assets continue to experience high demand. The trend seems poised to sustain in the long run, as social media platforms announced integrations with these digital assets. Twitter recently integrated NFTs with its platform and deployed a feature for users to send and receive microtransactions. Other […]
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PRESS RELEASE. The Novatar will be launching with a limited edition of 25K avatars, an NFT project to enable users to experience the fascinating new world of virtual reality and claim a brand new self.
To resemble how humans came into this world in the form of a baby, all 25K Novatars are newborns. Similarly, all are distinctive with distinctive features, expressions, race, and skin color. As the babies grow, so will do the Novatars, this will happen after minting. Progressing with their genes and appearance, the user can choose the date to transform them into an adult.
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Social media seems on the brink of a transformation. Major platforms began integrating with digital assets in the form of NFTs and crypto payments. Twitter, formerly led by Bitcoin bull Jack Dorsey, appears ahead of a race that for many started years ago. Big tech is just catching up. Twitter recently allowed its users to use their NFTs as profile pic with a new feature part of their Twitter Blue initiative. Facebook, Instagram, Reddit, and other social media platforms could soon follow in the footsteps of Twitter and integrate NFTs into their platforms. The sector has seen unprecedented....
The release of a much-awaited aging NFT avatar collection, “Novatar” was scheduled for April 4th. The collection of 25,000 baby avatars will be sold in 3 phases consisting of ten sales waves. Each wave will sell 1000 baby avatars. Every 1000 avatars will be 0.01 ETH more expensive. At the moment, the cost is 0.11 ETH. The first Phase starts April 4th at 12 PM EST. The 3rd Phase will be a Dutch Auction, where 5,000 NFTs will be sold. The project has already amassed an impressive fan base on Discord and Twitter and has featured in a rotation of ads in Times Square in New York.....
The Metaverse is a virtual world where people may share their experiences and communicate in real-time in simulated environments. It can potentially change the way people work, shop, communicate, and consume information. As a result, firms are eager to stake up early positions in the sector, and NFTs are a unique and efficient means to do so. Among Adidas’ recent ventures include joint projects with NFT creators Bored Ape Yacht Club and Pixel Vaults Punks Comic – an agreement with cryptocurrency investor Gmoney and the acquisition of digital land in the Sandbox, a....
NFTs have emerged as the biggest trend on the blockchain industry due to their massive popularity with mainstream users. This novelty form of digital assets have enabled artists and creators to mint and monetize their creations without going through complex processes associated with traditional platforms.
Therefore, it is unsurprising that the NFT trade volume increased nearly three-fold from $2.67 billion in December 2021 to $6.86 billion in January 2022, according to data from The Block Research.
Adoption by social media platforms Twitter, Reddit and Meta, have also....