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Metaverse June 14, 2022

Lacoste NFT project offers users experiences

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UNDW3, a new online experience from Lacoste, is now available. The project follows the company’s initial foray into the digital realm, which was a Minecraft-hosted Lacoste-inspired digital island.

Only those that obtain a Lacoste NFT during upcoming drops will be able to play UNDW3

The NFTs, which show the brand’s iconic crocodile emerging from water, will cost 0.08 ETH (about $100) each and are limited to 11,212 pieces in celebration of René Lacoste’s L1212 polo shirt.

In a press announcement, Lacoste described the Web3 universe as “a long-term collaborative community” for those who own one of the brand’s NFTs. Users will be able to communicate with other users while shopping co-made products created just for UNDW3. According to Lacoste, more “digital, physical, and sensory rewards” will soon be available online. UNDW3 currently serves as a meeting ground for NFT and Lacoste collectors.

Lacoste’s chief brand officer, Catherine Spindler, said in a statement that “UNDW3 attests to our intention to accompany the phenomena of decentralization led by Web3.” “This initiative pays witness to both our objectives and the force of our brand in this area: to bring our communities together and unite cultures around the crocodile… by proposing an experienced, interactive, and co-creative universe in the image of Lacoste’s innovation and avant-gardism.”

There’s more to come from UNDW3 in the “coming several seasons,” according to the brand, but first and foremost, consumers should get their tickets: On June 14, Lacoste will release their first batch of NFTs on a webpage dedicated to UNDW3. People can enter a raffle for a chance to win one of the crocodile NFTs there, with the winners being notified on June 15 at 10:12 ET.

If you miss out on the first round, there will be more NFT releases later this year, however Lacoste has yet to confirm the next release date. It may take a long time (crocodile) to get a second chance, depending on the demand for the first drop.

MetaNews.

Michelle D. Madsen graduated from the University of Westminster and has been deeply involved in the world of finance ever since. She has worked as a Broadcast Journalist hosting various news shows and informative webcasts about the financial markets. Since 2004 she has also been writing for MetaNews daily, her attention to detail, and her in-depth knowledge of the financial markets have led her to cover Foreign Exchange and commodities. The world of finance has changed in the last few years with the introduction and rising popularity of cryptocurrencies and the Metaverse. She has in no means been left behind, adding this to her bank of intellect and is now also an expert in cryptocurrencies. For the last ten years, Ms. Madsen has been engaged in the financial market. She has notedly written a great number of incredibly informative reviews for the crypto, NFT and the Metaverse. Her wealth of knowledge has enabled her to become a leading expert in the field. She continues to inform the public writing up-to-date, thorough reviews for the readers of MetaNews as she has for the last decade.

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Metaverse

Wolfofsol is a community-based new NFT project

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On the Solana blockchain, a unique 3D collection of 5555 wolves will be released to change the blockchain, Wolfofsol. The project is created “by the people, for the people” and is intended to provide the project holders with the greatest potential benefit.

“Currently, a significant issue with NFTs is that each blockchain has its own marketplaces and information about different NFT projects is disorganized and dispersed. We intend to bring order back to the organization.”

The objective of the initiative is to permanently alter the NFT industry. They portray themselves as the first genuinely multi-chain NFT platform on which users would be able to navigate various blockchain measurements and datasets. Additionally, they will be able to purchase, bid on, or sell NFTs from various collections.

Fve days prior to the private strike, the team will activate two hidden channels on the project’s Discord server to collect the whitelisted email addresses of ALPHA and BETA pack members.

At this time, the team will ensure that every address on the whitelist has been picked, and the rollout will begin: everyone will be able to exchange Wolf of Sol NFTs for 2 SOL each wolf. As soon as the hit is complete, the team intends to list Wolf of Sol on the main secondary markets in the Solana ecosystem (MagicEden and Solanart).

“Our initiative is made by the people for the people, and we want to provide our holders with as much as possible. Therefore, one hundred percent of the income from secondary market sales will be transferred to our holders who staked their claim on the work “”wolf

Beginning with Yellowstone National Park and Bithope, the project will conduct a huge annual charity drive each year. “We will give a portion of the proceeds from the sale of Solana via nps.gov and bithope.org. The community will determine which active campaign receives funding.”

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Metaverse

SMU enters the metaverse with new programs

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Through its professional education arm, the SMU Academy, Singapore Management University (SMU) has established two new programs concentrating on two of the most anticipated components of Web 3.0: decentralized autonomous organizations (DAO) and the Metaverse.

The purpose of these programs is to train a wide variety of people interested in Web 3.0 for the future generation of the Internet.

The two introductory programs “Understanding DAO” and “Diving into the Metaverse” were developed in partnership with TechFin Consulting to help professionals and business leaders understand the fundamentals of DAO and the Metaverse, as well as identify opportunities for the application of technologies such as non-fungible tokens (NFT) and blockchain in their respective industries or organizations.

The inauguration of these two projects reflects Singapore’s dedication to fostering the Web 3.0 ecosystem and community, as well as the emergence of a new wave of Web 3.0 technology. The programs will benefit inquisitive minds, demystify the fields of DAO and metaverse, and serve as a launching point for their Web 3.0 journey. Participants who wish to explore employment prospects in the fast-paced and competitive Web 3.0 industry can enhance their credentials by earning an SMU-issued certificate upon program completion.

Mr. Jack Lim, the SMU Academy’s executive director, stated, “The first step in broadening society’s understanding of what Web 3.0 entails is training our workforce with the expertise to grab these new opportunities, boost creativity, and propel a wave of developing technologies. Early participants in the metaverse will gain the benefits of early acceptance, allowing them to claim a larger share of the metaverse’s entire market and culture as it becomes more common. With its extensive linkages to academia and business, the SMU Academy is well-positioned to provide a comprehensive set of organized training to create new talents, skills, and mentalities in developing sectors and new frontiers.”

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Metaverse

eBay files new metaverse trademarks

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eBay is the most recent consumer brand to show interest in the metaverse, having filed multiple trademark applications for various products in the field.

The organization has submitted applications for non-fungible tokens (NFTs), NFT exchanges and NFT transactions, virtual goods markets, and online retail stores with both actual and virtual items. The United States Patent and Trademark Office (USPTO) received the application on June 23.

The application was announced on Twitter on June 28 by trademark attorney Michael Kondoudis.

The application overview reveals that the eBay metaverse company intends to offer items such as an interactive website that enables customers to interact with digital assets on the blockchain. Additionally, the company intends to provide exchange services for NFTs.

Notably, eBay’s foray into the metaverse could expand the company’s operations and attract new clients throughout the current economic downturn. Despite being a pioneering marketplace, Finbold reported that the company’s stock was downgraded on June 28 after losing almost 30 percent of its value since the beginning of the year.

More businesses are entering the metaverse. Amazon, one of the main competitors of eBay, has also demonstrated interest in the metaverse by announcing plans to improve its customers’ experience via Amazon View, a virtual augmented room. The product provides users with a 3D representation of their home’s floor plan.

The majority of brands across industries are interested in metavers, primarily due to the necessity to boost customer contact. Mars Inc., the greatest chocolate company in the world, recently submitted an NFT application for its iconic M&M trademark.

McDonald’s and KFC are two additional corporations with an interest in the metaverse. In May, DeLorean Motor Company also submitted two NFT trademark applications.

The number of NFT-related trademarks in the United States surpassed 4,000 between January 1 and May 31, 2022, according to a report by Finbold.

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