News Report
July 18, 2022

Metaverse Daily for July 18: Bitcoin and Ape on the rise, Kia gets into NFTs

Let’s have a look at the most recent metaverse news.

The Metaverse Daily for July 6, 2022
  • DeFi news: The Metaverse Index has reached the price of $42.21, rising by 4.86% over the last 24 hours. Meanwhile, the cost of the Bluechip NFT Index has dropped from 41.88 ETH to 35.67 ETH.
  • Bitcoin is now trading at $22,204.96, having seen a 4.61% uptick in price, while ether’s price increased by nearly 10% and now reaches $1,481.28. Metaverse coins have seen even more impressive price increases, with ApeCoin APE up by 20.04%
  • India-based blockchain company 5ire might have reached unicorn status, with a valuation of $1.5 billion following a Series A funding round of $100 million. However, many allege the project is a scam and the news is fake.
  • Car manufacturer Kia uses NFTs in its new ad campaign to highlight the uniqueness of the new 2023 Kia Soul. Viewers can spot QR codes in the ad, scan codes, and access NFTs.
  • Nike is setting out to launch a wearable AR hoodie. The ‘RTFKT x Nike AR Genesis Hoodie’ uses augmented reality, and the product will hit the shelves later this week.
  • The first test of the Otherside Metaverse is behind us. Following the trip into the metaverse attended by 4,500 “voyagers,” Yuga Labs dropped a litepaper about the new metaverse.

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Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Karolina is a writer and journalist with a background in literary studies. She loves exciting tech solutions and art, and NFTs are often a perfect amalgamation of the two. Outside of work, she’s a plant mom, a vintage fashion enthusiast, and a gamer.

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Karolina Gaszcz
Karolina Gaszcz

Karolina is a writer and journalist with a background in literary studies. She loves exciting tech solutions and art, and NFTs are often a perfect amalgamation of the two. Outside of work, she’s a plant mom, a vintage fashion enthusiast, and a gamer.

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