‘Metaverse’ could be word of the year, Johnnie Walker launches an NFT, and Mattel creates an NFT marketplace | Pages Da

Welcome to This Week in the Metaverse, where A fortune Brings together the most interesting news in the world of NFTs, culture and virtual worlds. Email [email protected] with tips.

Despite the short work week in the US due to Thanksgiving, there was no shortage of news. Argentina’s soccer team’s crypto token fell off a cliff, Rockstar Games gave NFT a thumbs down, and “metaverse” made the cut in the Oxford English Dictionary’s Word of the Year competition.

While the holiday is usually a time to watch football with the family, at the World Cup there were some people who were going to watch a different kind of football (or futbol).

While I’ll admit, I usually root for the USA and Mexico during the month-long tournament that takes place every four years, but Argentina’s shocking loss to Saudi Arabia in the group stage of the World Cup this week took me by surprise.

It also likely rattled a bunch of crypto investors, who sold the Argentine Football Association’s fan token directly after Tuesday’s loss, sending it down more than 20%. The token is one of many crypto-assets sponsored by professional soccer teams that give fans a chance to vote on (mostly minor) decisions the club makes and receive rewards. Some clubs like FC Barcelona reaped millions from selling fan tokens, as they quickly became a new source of income for sports teams.

Still, others are not so enthusiastic about Web3 technology. Rockstar Games, creator of Professional car theft video game series, said it will ban crypto and NFT Professional car theft Fan servers. Some player-run servers incorporated NFTs to give certain players special cars and weapons, but now this is no longer allowed.

earlier this year, Minecraft Developer Mojang Studios said the Microsoft-owned game would no longer allow NFTs on its servers, leaving some popular projects built on Minecraft Servers, like NFT Worlds, are high and dry.

Finally, “metaverse” is officially a top three contender for Oxford Word of the Year. As we mentioned last week, the number of trademark filings for metaverse applications has skyrocketed, and it’s no secret why. While Meta continues its mission to build a VR metaverse and others like it the sandbox and Desenterland Working on Web3 versions, more and more companies and individuals want in on the action.

Oxford University Press, which publishes the Oxford English Dictionary, is hosting a public vote from November 22 to December 2 in which “Metaverse” will compete against “#IStandWith” and “Goblin Mode” for word of the year.

Table of Contents

In other news:

Johnnie Walker and a music company 88 goes up released a limited edition Johnnie Walker Blue Label NFT in BlockBar.com this week The bottle design was created by a streetwear designer VANDYTHEPINK. On Tuesday, Johnnie Walker released a limited number of Johnnie Walker Blue Label Bottle NFTs priced at $355, which users can sell on BlockBar’s marketplace or redeem for a physical bottle.

Courtesy of Johnnie Walker

From November 27 to December 3, Web3 Publishing nft now and an urban renewal organization Mana Common Take over 12 buildings and two city blocks in downtown Miami for an immersive experience featuring artists, community partners, speakers and artists. The Gateway: A Web3 Metropolis, sponsored by MoonPaywill include experiences from art, gaming, music, culture and fashion, according to nft now CEO and editor-in-chief Matt Medved. “It comes from this unifying principle that it’s always better together, especially in the midst of a bear market,” he told Fortune.

Metaverse platform the sandboxa child company of Animuka brandsannounced the digital real estate sale of 1,900 LAND packages to those interested in owning a part of the virtual world. The land plots are located in new neighborhoods in the sandbox and supported by 14 brands and celebrities. The sale will open on November 24 and will span three waves until 2023. Potential buyers can take a picture of a lot next to the experiences until Paris Hilton, time, Tony Hawkand Snoop Dog.

Courtesy of The Sandbox

MattelThe creator of Hot Wheels and BarbieThis week launched its NFT market built on flow blockchain. The new marketplace will not require buyers to use crypto and will incorporate a peer-to-peer trading platform in early 2023. On December 15, the company will release its first NFT collection on the new platform, a set of hot wheels NFTs start at $25 for a pack of seven, which can include cars such as McLaren, Chevrolet, Honda, Aston Martin, Oldsmobile, Pagani and Cadillac.

Our new weekly newsletter Impact Report will examine how ESG news and trends are shaping the roles and responsibilities of today’s executives—and how they can best navigate these challenges. Register here.


Leave a Comment

Your email address will not be published. Required fields are marked *