In this week’s publication, examine how a nonfungible token (NFT) artist raised cash to help a most cancers charity and why funds platform PayPal has filed a patent software for an NFT marketplace. Check out Meta’s new photorealistic metaverse avatars and, in different information, be taught why Neal Stephenson’s metaverse blockchain undertaking stays optimistic regardless of waning curiosity.
NFT artist raises $140,000 for most cancers help charity
NFT artist Trevor Jones donated nearly $140,000 to Maggie’s Edinburgh — a corporation devoted to most cancers therapies — after elevating funds from a Web3 occasion in France. The quantity raised from the occasion will assist 4,000 sufferers affected by most cancers and people who want vital help.
According to Maggie’s Edinburgh, the funds raised by Jones would be the highest single donation from an artwork occasion within the group’s historical past. The cash collected will help companies for most cancers sufferers and their households.
PayPal applies for NFT marketplace patent for on- or off-chain asset buying and selling
Payment platform PayPal filed a patent software for an NFT switch and buy system. The patent software was filed on the United States Patent and Trademark Office in March and was made out there publicly in September.
The patent described a system that lets customers purchase and promote NFTs by a service supplier. While the supplier was not talked about, the doc did point out Ethereum, suggesting that it might be primarily based within the community.
The metaverse is actual: Zuck’s “incredible” photorealistic tech wows Crypto Twitter
As critics proceed to declare the metaverse lifeless, Meta CEO Mark Zuckerberg showcased the corporate’s developments within the house in a podcast utilizing photorealistic avatars within the metaverse.
Using Meta’s Quest 3 headsets and noise-canceling headphones, Zuckerberg and podcast host Lex Fridman engaged in an hour-long interview utilizing metaverse avatars. The enhancements acquired the eye of Crypto Twitter, with some evaluating earlier iterations of Zuckerberg’s metaverse with the current one, saying the “metaverse has upgraded.”
Neal Stephenson’s blockchain undertaking holds discovery month as metaverse hype wanes
Metaverse blockchain undertaking Lamina1 is holding an occasion referred to as the Open Metaverse Discovery Month to let builders and creators expertise the metaverse. The firm believes that regardless of the decrease curiosity within the metaverse, the idea will dwell so long as persons are prepared to spend money and time on it.
According to Lamina1 CEO Rebecca Barkin, the undertaking was in a position to entice 50,000 builders regardless of the crypto winter and folks writing eulogies for the metaverse. The govt stays optimistic that its founder, Neal Stephenson’s imaginative and prescient of the metaverse will problem company greed and provides extra autonomy to creators.
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Thanks for studying this digest of the week’s most notable developments within the NFT house. Come once more subsequent Wednesday for extra stories and insights into this actively evolving house.
