NFT's & DeFi News

Bored Ape Founders Respond to 'Crazy Disinformation Campaign' From 'Demented Troll'

Six months after Yuga Labs first responded to accusations that its NFT collection, the Bored Ape Yacht Club, contained racist imagery, its founders have published a blog post addressing the issue in further detail. He called the accusations “insanely far-fetched” and “bullshit,” and shared that in his view, it was time to “put an end to all this.”

Goner pointed out that Yuga Labs has already explained much of its origins in previous posts, but went on to provide further context on the origin of the BAYC logo, the name “Yuga Labs,” and the founding teams’ pseudonyms, among other things. He also shared a private email that provides insight into the creation of the BAYC logo, which was inspired by skateboard culture, hip hop, Japanese anime, and streetwear culture, according to the message.

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Meta wants the metaverse to sound more like the real world

Meta CEO Mark Zuckerberg on Friday detailed advances in audio that he says will allow a concert in the metaverse to really sound like one is at a music venue. The same goes for making sound that resembles a living room or other more intimate space.

Digital sound is already moving beyond stereo and into so-called spatial audio, which is possible not just on VR headsets but also on devices such as Apple's AirPods Pro.That's important because it allows sound to change based on where a person moves and positions their head in virtual space.But also key is ensuring the sounds of virtual spaces themselves better match those in the real world, and it's that latest area Meta's announcement addresses.

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⚠️ Insights and Breaking News on Bitcoin and the whole ecosystem.

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Gucci Invests $25K in DAO of NFT Marketplace SuperRare to Start Digital Art Vault

Italian high-end luxury brand Gucci is venturing further into Web3.The Florence-based company is buying into its first decentralized autonomous organization (DAO) via a new partnership with non-fungible token (NFT) marketplace, SuperRare.

Gucci has acquired $25,000 worth of RARE tokens to join the SuperRareDAO. With its buy-in, Gucci is launching the “Vault Art Space,” an exhibition that will include a selection of NFT artworks by 29 artists. The initiative comes as many luxury brands introduce NFTs and look for other ways to use blockchain technology. In February, Gucci dropped 10 NFTs through a collaboration with cult toy brand Superplastic.

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eBay Acquires NFT Marketplace

American e-commerce company eBay has acquired KnownOrigin, one of the top NFT marketplaces, according to a Wednesday announcement.The acquisition is part of the company’s “tech-led reimagination,” the press release says.Jamie Iannone, CEO of eBay.

KnownOrigin was launched back in 2018, which makes it one of the oldest markets worldwide. The Manchester-based start-up, which was started out of a basement, secured £3.5 million worth of funding after completing its Series A round this February. Iannone has repeatedly mentioned that the company was exploring cryptocurrency payments, but the San Jose, California-based company is yet to adopt them.

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Axie Infinity top NFT community in 112 countries

Axie Infinity is the most popular NFT community in 112 countries, according to a recent study by CashNetUSA. The most NFT-loving country turned out to be Montenegro, while the country with the most NFT dislikes is Poland. Singapore, on the other hand, is the country most interested in NFTs.

The results were obtained by analyzing Google search volumes and Twitter sentiments.Data from North America, Europe, the Middle East, Asia, Oceania, and Africa indicate that Axie Infinity is the most searched NFT community.In regions excluding North America and Africa, Axie Infinity is only accompanied by a slight interest in the Decentraland. Regardless, Axie emerges as the clear winner in each of these regions.

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⚠️ Insights and Breaking News on Bitcoin and the whole ecosystem.

➡️ t.me/Bitcoin_Insights

Legendary Jay Z Sneakers Worth More Than 1 BTC Go on Auction as NFT

Relevant Customs, a widely known sneaker manufacturer in narrow celebrity circles, announced the launch of an auction for an "artist-proven" pair of the famous Brooklyn Zoo sneakers. The auction will take place June 21 on the ClubRare platform.

Only 10 pairs of Brooklyn Zoo sneakers have ever been created, and thanks to Jay-Z, this pair went viral, and the product itself sold for over $24,000, which is now even more than the value of one Bitcoin. Now, the artist has unveiled the original prototype of the sneaker, the same pattern by which the other 10 pairs were then created. The "Brooklyn Zoo" Jordans up for auction on June 21 will be an NFT-supported, Metaverse-compatible item. This will be the only pair of Brooklyn Zoo sneakers to receive web3 features.

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The battle to build a child-friendly metaverse

As a young woman straps on her vest and headset and becomes immersed in a virtual world, Mainak Chaudhuri talks excitedly about the potential of the technology."This is the first step towards the metaverse," Chaudhuri of French start-up Actronika told AFP at this week's VivaTech trade show in Paris.

The vest can give users the sensation of being buffeted by the wind or even feel a monster's breath on their back, and it can be used to enhance movie watching, education or gaming.It is a family-friendly vision of the 3D immersive internet, now widely known as the metaverse, and sits well with some interactive experiences already widely available for children -- like virtual trips to museums. But campaigners and experts are increasingly warning that the wider ecosystem needs to start acting.

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Ripple Concludes New Partnership to Create Open Metaverse

Ripple, a well-known developer of corporate crypto and blockchain solutions, in cooperation with FLUF World, a global creative community and NFT collectibles ecosystem, announces the launch of a decentralized blockchain network, the Root Network.

According to the statement made by the developers of "The Open Metaverse," they felt that they would not find a better foundation for building such a complex structure than the XRP Ledger and decided to build the Root Network on exactly that blockchain. Revealing details around "The Open Metaverse" itself, it has been stated that it will be seamless and interoperable.

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CapsuleNFT Launches at NFT.NYC to Radically Simplify

CapsuleNFT makes NFTs more composable and useful for artists, gamers, collectors, crypto industry participants, and more. The CapsuleNFT protocol allows for the simple, elegant packaging of digital assets — NFTs, cryptocurrency tokens, etc.

NEW YORK--(BUSINESS WIRE)--Digital artists want to focus their energy on creativity, not code. Crypto traders want a simple way to package, move, and trade entire portfolios efficiently. Developers want to easily expand the current and future capabilities of their NFT projects. And they all want to do this reliably and at reduced cost.

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🔥 INTRODUCING: LIMEWIRE ORIGINALS 🔥

The iconic LimeWire brand is coming back as a music-first NFT marketplace. LimeWire Originals will be LimeWire's genesis NFT collection and ownership comes with ton's of perks.

🎉 WAITLIST NOW OPEN 🎉
Get on the e-mail waitlist to get a chance to purchase a LimeWire Original in the private pre-sale ahead of the public drop.

Join the Pre-Sale Waitlist: https://limewire.com/originals

Telegram: @limewire

Discord: https://discord.gg/limewire

Bloomberg Article: https://www.bloomberg.com/news/articles/2022-03-09/limewire-is-making-a-crypto-comeback-but-not-as-you-know-it

Utility
🎉 Access to LimeWire events & parties, starting with the NYC Launch party on July 1st
⭐️ Early access to NFT drops on LimeWire
🎁 LMWR Token Airdrop in Q4

✅Price: $750
✅Ethereum-based
✅Supply: 10k NFTs
✅100% gas/mint fees covered by LimeWire
✅Payment: Credit card (Stripe), BTC, ETH and USDC
✅Minting in July. Buyers receive a code via e-mail to claim their NFT on LimeWire’s marketplace.