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Metaverse April 15, 2022

Metaverse Competition from Animoca Brands Is Heating Up

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The Metaverse is a conglomeration of topics, ideas, companies, technologies, and locations. With so many people and bright minds jostling for representation and success, it was only a matter of time before competition for control started up. Well, control isn’t the right term, but we are definitely seeing an increase in the democratization of the Metaverse ideology and all its incumbent platforms. So, it should come as no surprise that a large company is given chase in the race for supremacy.

 

 

“We are investing aggressively and broadly to facilitate the growth of the open metaverse. We’re in a bit of a hurry because we think the biggest threat isn’t regulation, but it is groups like Facebook or Tencent. This model of an open metaverse is very much in contradiction to the way that they’ve currently constructed their business.” -Yat Siu

 

 

 

The Future of Metaverse

While the Metaverse is changing and growing, growth models could be diverted away from overt advertising. Things such as subscriptions and in-app purchases that are found on mainstream models could soon need a major overhaul. But how the monies are distributed has sparked an ongoing debate among companies. The tension is palpable, and within the metaverse community things are heating up. This was made plain again this week when early adopters balked at Meta Platforms’ plans to take as much as 50% of the fees on virtual asset sales.

Siu’s company, now something like a rarity, has been preparing for a battle over control of the entire concept of Web3.0 as it plays out in the hands of virtual titans.

 

MetaNews is your number one resource for information on the Metaverse and the markets. We deliver the relevant news, every day. Don’t forget to check us out on Twitter! @metanews_com. Our staff of expert researchers and copywriters are dedicated to bringing you the latest, most relevant information from all over the Metaverse and its affiliated properties. From commerce and finance, to technology and interconnectivity, MetaNews produces well researched, accurately sourced articles on a daily basis.

Billy Houghton is a top acclaimed and sought-after commodities futures trading expert. The expertise and in-depth level of analysis that is offered by Billy Houghton is what has managed to put him at the stage of being the top ranked author for MetaNews among multiple different categories. Throughout his career, Billy has specifically spent over three decades on Wall Street fine-tuning his skills, which included over two decades at a trading desk. In more recent times, specifically the last decade, Billy has been researching algorithms of AI in futures trading, and believes they are the future of trading. He started writing about the Metaverse, as he thinks its the future of everything AI related.

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Metaverse

Lowe’s increases its metaverse offerings

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Lowe‘s wants to help builders visualize projects with it; Lowe’s metaverse assets, including free downloads of 500 product assets like chairs, are available on its own hub.

Lowe’s EVP and CMO Marisa Thalberg told media, “It’s all developing and up for exploration.” The shop chose “neutral and democratized” metaverse platforms, she said. She continued, “Our goal is to let individuals utilize their imaginations to make their virtual spaces as fascinating, inspiring, and entertaining as their real world spaces.” And that’s all we want.”

Metaverse members have paid thousands for non-fungible tokens to outfit aviators from Gucci, Balenciaga, Dolce & Gabbana, and Ralph Lauren. Gucci’s Roblox garden had 19 million visits. Dolce & Gabbana sold “The Glass Suit” NFT for $1 million.

Lowe’s will provide the first 1,000 Decentraland participants a limited NFT collection of boots, hardhats, and other accoutrements

Seemantini Godbole, Lowe’s EVP and CIO, said CNBC the retailer is bringing many of the concepts it applies for shoppers to the metaverse initiative.

“While shopping and becoming inspired, individuals want to put things together in the virtual world before starting their project,” she said. “Metaverse is the same. You want them to experience, feel, and comprehend before starting the real project.”

Godbole said many metaverse assets were built as 3D digital copies of tangible objects to assist online customers visualize real-life dimensions and characteristics. Lowe’s uses virtual and augmented reality to let shoppers design a kitchen online or map their home’s floor plan using a smartphone. “Our customers want to use VR and AR” said Godbole. “We’re applying some metaverse lessons”

Lowe’s doesn’t offer a physical good with a virtual one or a connection to its website from metaverse platforms, Godbole added. This may change.

“In the future, we could think about how all these things link and make sure metaverse users can shop these items on Lowe’s.com or in our stores,” she said.

Thalberg said the average metaverse player is “very young,” younger than the average Lowe’s customer or homeowner.

“Kids who use Minecraft and Roblox build and design a lot, which is intriguing. This idea of being able to construct, decorate, design, and develop is key, she said. We see a tremendous wave of millennial new homeowners who aren’t afraid of technology, so catching them young is wonderful.

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Ambush 3D releases new metaverse wearable

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The shoe brand AMBUSH is introducing a new project that will be fairly unprecedented in the world of fashion. The project will involve the creation of a pair of 3D-printed shoes that can be worn in the metaverse as well as in regular life. The sneaker, which goes by the name 100S, was produced in collaboration with Zellerfeld, a shoe maker. Zellerfeld was also responsible for producing the totally 3D printed HERON01 sneaker, which was displayed a few months ago.

The footwear was designed with the intention of promoting a circular economy through the use of recycled materials

In addition to its physical counterpart, the model is also offered as a digital counterpart known as an NFT. This NFT can be unlocked and worn within the AMBUSH SILVER FCTRY metaverse.

Since it has been a few months, the idea of the metaverse has been used more and more, and many concepts have been formed around this virtual world, which is still somewhat abstract for many people. Mark Zuckerberg, the founder of Facebook, offers this definition of the term: “In the metaverse, you will be able to do almost anything you can imagine. You can get together with friends and family, work, learn, play, shop, and create. There will also be completely new experiences that don’t really fit how we think about computers or phones today.” It would appear that this is now supposed to also involve the wearing of shoes that have been manufactured using 3D printing technology.

AMBUSH is a brand that has established itself as a new stayholder in the world of fashion. It was established by the American-Korean designer Yoon Ahn. A point of reference that provides even more forward-thinking items by making use of 3D technologies. Concerning the 100S, it is challenging to determine with absolute certainty which procedure was utilized.

The bright color and attention-grabbing design of the sneaker ensure that it will not be overlooked, that much is certain.

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SeaCrypt is an incoming NFT collection

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SeaCrypt is an important milestone in the history of NFT projects because it was the first one to feature a decentralized lifeform. In a world without a central authority, every fish has complete freedom to swim and move about.

Both NFTs and metaverses will be around for the foreseeable future. SeaCrypt NFTs are not intended to be confined to a single metaverse; rather, the goal is for them to be easily translated to and incorporated into various metaverses.

“In this planet, not a single creature is made with the same characteristics as the others. Because of natural selection and the passage of millions of years, the only organisms that have survived to the present day are the healthiest and most attractive ones.”

“We at SeaCrypt think that our community is deserving of NFT and metaverse pets with similar levels of complexity in their evolutionary paths. This belief resulted in the creation of the very first NFT pets and metaverse pets, each of which has a genetic representation that is comparable to 102500 individual works of art. In comparison, there are only 1044 molecules spread throughout the atmosphere of our planet.”

According to the company’s founders, consumers are able to form an emotional connection with the fishes through interactions with the fishes

In the near future, users will have the option of decorating their SeaCrypt aquariums with SeaCrypt’s existing décor or designer assets sourced from the designer community.

“You are the master artist behind the NFT artwork that you created. If you give your memories to your NFT fish in the form of a birthmark, it will be able to take on your memories’ specific characteristics, such as its shape, pattern, color, and soul.”

During the process of hatching or breeding fish, a birthmark will also be “carved” onto the iris of the fish genetically, in addition to the characteristics that the fish already possesses. This technique cannot be undone and has lasting effects. As a consequence of this, SeaCrypt fishes serve as the most effective emotional links between users and the most cherished memories of those people.

In the following phases of SeaCrypt’s development, gaming will be the primary focus. The SeaCrypt fishes are superior to the NFT varieties. As long as users own SeaCrypt fishes, they will be eligible to take part in a variety of on-chain games that will be available.

Twitter: twitter.com/SeaCrypt

Discord: discord.com/invite/SeaCrypt

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