The Metaverse Daily for July 8, 2022
- Let’s have a look at the DeFi news first. The price of the Metaverse has dropped to $40.46 after the recent high of $41.76. Bluechip NFT Index, on the other hand, has seen a price increase, and it’s now trading at 34.04 ETH. Metaverse Land Index is also rising, from 1.84 ETH to 1.99eth.
- Bitcoin continues the upward trend, trading at $21,625.75; it’s seen an impressive 5.71% price increase. On the other hand, major metaverse cryptocurrencies, including Decentraland’s MANA, The Sandbox’s SAND, and ApeCoin, are all in the red.
- The first-ever metaverse gaming platform is in the works. Polium One promises compatibility with various blockchains, a multichain crypto wallet, amazing resolution, and many more. The launch is expected for Q3 2023. However, the platform has already found its critics before its launch, and the company was criticized for the similarity its logo bears to another gaming platform—Nintendo’s GameCube.
- Resolution Games announces $10.5 million in profits in FY 2021, marking the fifth year of turning a profit. The company also announced the acquisition of fellow Scandinavian firm Zenz VR. Resolution Games is known for titles like Demeo, Blaston, and Ultimechs. Kanye West collaborators Vic Mensa and Keyon Christ have launched music NFT. Their new single “Ying Yang Twins” is available on Zora for 0.0888 ETH.
- Reddit is launching a new NFT marketplace. Profile pictures will be available for Redditors and stored in a Reddit wallet; no crypto wallet is needed. In addition, a limited number of Redditors can access at least 90 character designs.
Read related posts:
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.
More articlesKarolina 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.
