TheBlockchainExaminer.com – Page 24

Expansion of Japanese Metaverse Assets: Compliant JPY-based Stablecoin JPYW and Japanese blockchain game Mechaverse reached an official cooperation

July 5, 2022 Published by TheBlockchainExaminer.com

On July 1, 2022, Tokyo local time, compliant JPY-based Stablecoin JPY World (JPYW) announced officially that it has reached an ecosystem co-construction and cooperation in transactions with the Japanese blockchain game —— Mechaverse. According to the official Twitter of Mechaverse, the two parties will explore and implement various aspects, such as the settlement, payment, liquidity injection, and staking derivatives of JPY-based Stablecoin in Mechaverse. Finally, it will achieve the goal of increasing number of users, creating a well-known animation IP image, and making it convenient to enter the Web3.0 metaverse.

JPYW is a prepaid token launched by PassPay that can be purchased and used on the official website of PassPay at a price of 1 YEN = 1 JPYW. JPYW ensures a 1:1 anchor with the YEN in the form of margin. As a compliant JPY-based stablecoin under the “Revision of Funding Resolution Act”, it has become the only blockchain stablecoin that is certified and licensed by the government of Japan. Meanwhile, the company has also finished submitting the application and the deposit for “issuer of prepaid payment method (internal)” to the government.

As the first Japanese mecha blockchain game of Mechaverse Labs, Mechaverse combines high-quality Japanese animation IP and playable blockchain games based on the Web3 operating platform and solution, as well as exploring the value of NFT and constructing the entrance to metaverse of Japanese anime mecha through GameFi’s feature of linking values.

This cooperation is seen as a bridge between the traditional Japanese market and the Crypto world which drives a new flow and value into the crypto world.

Why is JPYW the “only child” of the stablecoin?

With the strict filing and review mechanism of “Funding Resolution Act” in Japan, only JPY-based Stablecoin can operate legally after obtaining approval, which also prevents other types of stablecoins from entering the Japanese crypto trading market. As the “only child” of the stablecoin that has been certified by the local government, JPYW began to strive for compliance as early as before the “Funding Resolution Act” was released. The team hired the largest law firm in Japan to form a strong and legal consultant team to plan compliance, apply at the drafting stage of regulations and participate in various inquiries from the Financial Services Agency actively.

In terms of the custody method of collateral, the physical collateral of USDT/USDC are mostly bills and cash of commercial banks, while JPYW is a blockchain stablecoin that is fully collateralized by YEN, and all the collaterals will be handed over to the government. Therefore, the mechanism of exchange and redemption is more sound, the security of funds is stronger and the risk is lower.

JPYW will bring into full play of stablecoin and start by breaking three barriers: 1. Breaking the barrier between crypto assets and real assets; 2. Breaking the barrier of cross-border transactions and exchanges; 3. Breaking the barrier between crypto assets as the mainstream assets in the future digital society and the insufficient acceptance of reality.

To realize such a vision, PassPay must first expand the use cases of JPYW and enrich financial instruments and product solutions. Therefore, in terms of use cases, PassPay chose to cooperate with Mechaverse(a metaverse platform that also belongs to Japan) and similar Crypto projects. In terms of operation of users, JPYW can be obtained through gift card and purchase on its official website, which will be used after connecting to the Metamask wallet according to the official white paper. A large number of projects, including Mechaverse, are available on Metamask. It is easier to achieve operability and compatibility in the early stage of asset access.

PassPay will launch more financial products such as STO derivatives trading, physical NFT trading, and gold tokenized trading soon in the future.

Virtual Pangea and Moretti Fine Art Gallery Announce Partnership to bring Old Masters Art into the Metaverse

July 1, 2022 Published by TheBlockchainExaminer.com

Blockchain innovator Virtual Pangea AG (www.virtualpangea.com) announces its partnership with the critically acclaimed Moretti Fine Art Gallery, set to open its first virtual gallery in the company’s metaverse later in the year. The news comes as the Old Italian Masters gallery specializing in paintings and sculptures from the 14th to the 17th century, is opening today its doors to a new, refurbished space in London, 12-13 Duke Street, St. James’s.

As one of the icebreakers in its niche entering the metaverse, Moretti Fine Art Gallery will be inaugurating Block-0 – the first block of the Virtual Pangea Metaverse and the first immersive 3D & VR-ready experience coming later this year. The Moretti digital gallery will be located in this massive multistorey structure showcasing the power of NFT technology in a virtual space.

Within this space, Moretti Fine Art clients will witness history in the making, interacting, and buying NFTs of the finest art in the world. The future gallery presents an exciting opportunity for enthusiasts to enjoy art and traditional masterpieces beyond the limitations of the physical, experienced via the best technology has to offer, connecting the ‘real’ and virtual worlds like never before.

Andreea Mocanu, Business Director and cofounder of Virtual Pangea, commented: “The partnership with the Moretti Fine Art Gallery opens the door for art experts and enthusiasts, as well as curious users to enjoy and invest in masterpieces in an exciting and memorable way. We are beyond excited about the opportunity to host such a prestigious gallery in our Block-0 and we are looking forward to growing what is already looking to be a fruitful relationship.”

Fabrizio Moretti founded the Moretti Fine Art Gallery in 1999 at the age of 22, according to his latest interview for FT: “I never felt young at the time. I was ready. It helped, of course, to be in Italy. And there was [more] maturity then that is different today, perhaps the world is not tough enough anymore.” Through trial and error his decades long experience has made Moretti a master of the craft, creating one of the finest Old Masters galleries in the world.

The public can enjoy the inaugural exhibition in the gallery’s new space in London on July 1st, which will include the finest Italian paintings and sculptures, featuring works by Sano Di Pietro, Giovanni Baronzio, Nicolo dell’Abate, and Canaletto, for which the gallery is world-famous.

Bitpanda Custody joins the Bosonic Network™

June 30, 2022 Published by TheBlockchainExaminer.com

Bosonic, a decentralised Financial Market Infrastructure (dFMI) business, and Bitpanda, one of the fastest growing fintechs in Europe, today announced that FCA-regulated Bitpanda Custody has joined the Bosonic Network to meet the growing demands for institutional clients’ need for a UK-based digital asset custodian.

Bitpanda Custody (formerly known as Trustology) will also join the ‘Bosonic Cross Custodian Net Settlement Working Group’ as Bosonic prepares to launch the service later this year. This will be an industry first, and set a new standard for payment versus payment (PvP) atomic swap settlement and netting across an institutionally aligned and global network of independent custodians, eliminating counterparty credit and settlement risk between these institutional players.

Rosario Ingargiola, Bosonic CEO said, “With the growth of the institutional digital assets market, specifically from the family office/wealth, buy-side world, there is significant demand for separate custody provided by regulated or qualified custodians. The need to protect clients’ data and assets is paramount and fundamental to the fiduciary responsibility of these clients. We are delighted to have Bitpanda Custody join the Bosonic Network and look forward to helping them service their institutional clients.”

Alex Batlin, Bitpanda Custody Managing Director, adds: “Bitpanda Custody is pleased to join the Bosonic working group to help institutional clients reduce end-of-day settlement risk and costs, whilst improving capital efficiency, all backed by an insured, regulated crypto custodian.”

BEQUANT launches industry-first DeFi platform for institutional clients

June 28, 2022 Published by TheBlockchainExaminer.com

BEQUANT, the digital asset prime brokerage and exchange, is pleased to announce industry-first DeFi access for institutional clients, realized through its recent integration with Fireblocks.

Clients will be able to cross-margin between centralized and decentralized exchanges, making arbitrage trading more efficient. DeFi marketplaces will be fully integrated onto BEQUANT’s bespoke platform, negating the need for any additional software and multi-signature security protocols will be used to secure the assets.

Uniswap is the first DeFi protocol accessible through BEQUANT’s DeFi offering. Other decentralized exchanges (DEXs) will be integrated in the near future. BEQUANT uses a custody-agnostic approach and having Fireblocks as custody technology allows clients to safekeep their assets off exchange .

BEQUANT is an ecosystem of services for institutional clients, a true one-stop solution in the digital asset world. Its 150+ institutional clients are offered direct market access to multiple trading venues, simplified KYC and compliance verification.

Uniswap is an automated liquidity protocol powered by a constant product formula and implemented in a system of non-upgradeable smart contracts on the Ethereum blockchain. BEQUANT clients will have access to order books through Uniswap with more being added in the near future.

George Zarya, Founder and CEO, BEQUANT, commented: “DeFi is presenting some of the most exciting trading opportunities in the space. Bridging the gap between CeFi and DeFi within our ecosystem will be game-changing for the market.”

“Our portfolio margining services combine all centralized and decentralized venues. We recognise that institutions are moving in this direction and are striving to be at the forefront of new advancements in the digital assets trading markets.”

Community-based social platform Cinfinix with one-click NFT creation feature formally launched

June 24, 2022 Published by TheBlockchainExaminer.com

Hieroglyph Digital Technology, a blockchain innovation company, recently launched a cross-chain Non-Fungible Token (NFT) social platform, Cinfinix, based on Ethereum (ETH) and Polygon technologies. The platform allows users to create and display their NFTs freely to identify their individual value through better engagement with the community, while realizing innovative ideas to capitalize private social data and give rise to the personal digital economy. The app can be downloaded and installed directly from the Apple and Google Play stores, enabling users to have instant access to the metaverse.

The maturing of Web3.0 technologies and applications has allowed for the rapid development of varied NFT projects. As a unique token which can not be split up, NFT is quickly gaining popularity among investors and creators. According to the blockchain data platform Chainalysis, the value of smart contracts for creating NFTs on the ETH blockchain exceeded US$40.9 billion in 2021. However, how to create and specifically define the value of a NFT has always been the greatest concern of investors, creators, metaverse fans and researchers.

The purpose behind the launch of Cinfinix is to rewrite the initial definition of NFT in a narrow sense and extend the scope of the definition, considering personal digital assets and the value attributed to them by Web3.0-based NFTs as a new way to highlight one’s personal identity, community activities and social experience in the metaverse space. The intangible assets also serve as a fast pass by which individuals can enter the metaverse world.

Based on Web3.0 technologies, Cinfinix integrates the core elements of the metaverse, including self-built communities, creators, originality, credibility, communality and common areas of interest, with infinite possibilities and unlimited creativity, empowering every creator with NFT properties and functions. Different groups of users, such as individuals, brands, merchants and organizations, can engage in a variety of creative social activities on the platform, with each one making a contribution to the development of the personal digital economy.

No limits for creating NFTs

As part of one’s private assets, creations on social media representing a person ‘s value are owned by users. They can publish any amount of beneficial content on the platform as a way of sharing their experience and reflecting their personal value by establishing a presence in the My Community and/or My Home sections.

NFTs can be created without any content and format limits. It can be a text, a photo, an audio or a video. After being created, an NFT can be placed for sale on the Cinfinix platform.

Self-determined community-oriented social networking

Built upon Web 3.0 ‘s decentralized blockchain protocol, Cinfinix encourages users to interact with others freely. Whether your are an user, a creator or a brand, you can choose a role as an Explorer, Contributor and Metaverse Rising Star on the platform to build your own or join different types of communities where you can monetize your NFTs, gain more influence and increase your personal wealth.

One-click NFT creation without any costs

By connecting to a digital wallet, users are able to convert their content directly into an NFT and become the owner of a real-time unique NFT with one touch. After completing daily check-ins or participating in community social tasks, users can also be rewarded with bonus points (CIX). Moreover, they can upgrade their status and receive more NFT shares and platform tokens based on their contributions to the community. In the early stage of the launch, CIX points can be directly used to tokenize NFTs, totally cost-free.

Exclusive NFT authentication

With Cinfinix’s strong social properties, various brands and participants can build their own communities on the platform including creating an NFT membership card, establishing member benefits and initiating community activities to enhance user stickiness.

Cinfinix offers a wealth of operational tools to boost the development of communities, including Web3.0 digital marketing tools that brands can use to create an autonomous business ecosystem of metaverse KOLs.

Pre-Seed financing for the app was completed prior to the launch. Remaining funds will be applied to the leveraging of Web3.0 technologies to gradually roll out a number of personal digital economy services to users, with the triple goal of assisting active communities in issuing governance tokens, opening up a crowdfunding platform, and putting in place the development plans for Cinfinix and DAOs within each community.

With the help of various authentication tools, Cinfinix is launching a personal NFT showroom for students, where they can showcase their school life and enrich their job applications. In addition, Cinfinix has started a partnership program to invite NFT projects, brands, merchants, and organizations around the world to join the platform and establish a community.

Become a Cinfinixer and join the community to create a new NFT experience together.

Official website: https://cinfinix.io/

THE EXPLOSIVE INNOVATION OF AIO DECENTRALIZED EXCHANGE, WINERY SWAP, WILL LAUNCH 2 IDO EVENTS IN JUNE 2022

June 20, 2022 Published by TheBlockchainExaminer.com

In recent years, many people have been attracted to the explosion of DEX – Decentralized Exchange. DEX creates a very smart “trusted” environment by managing the exchange with smart contracts and atomic swaps. At the same time, the assets can be traded without the involvement of a third party, which is known as a peer-to-peer transaction. DEXs are valued for their enhanced privacy, robust security, and improved user control. Winery Swap, a decentralized cryptocurrency exchange based on Binance Smart Chain (BEP20), is going to hold IDO for two new interesting games – Bingo Family and NFT Marbles this June.

Hot events coming soon – IDO for two projects in June 2022

There is hot news for Winery Swap users that Winery Swap is going to hold IDO for two new interesting games:

Bingo Family: 21st June 2022, 04:00 a.m UTC
NFT Marbles: 23rd June 2022, 04:00 a.m UTC

This event gives users a chance to invest in new potential projects to earn more profits. This launching promises to be an interesting activity that attracts a lot of users.

What is Winery Swap?

Winery Swap is a decentralized cryptocurrency exchange based on Binance Smart Chain (BEP20) using the Automated Market Maker Model (AMM). This enables users to swap cryptocurrencies and tokens without the need for a centralized middleman while maintaining custody of their tokens. It is based on automated smart contracts that are deployed on Binance Smart Chain, one of the top blockchains at present.

CORK is the governance token of Winery Swap, users can use it in diversity functions. CORK has listed on Coinmarketcap, users can easily track and follow alternatives.

Winery Features

Winery Swap has a lot of functions such as:

Swap: users can swap any crypto available on DEX with the top lowest transaction fees in the crypto market, only 0.17%
Liquidity: Users can easily gain 0.12% earn fees only by adding liquidity without a lot of attempts
Oak Barrel – Farm: Stake LP tokens to earn more CORKs and earn fees at a high APR
Champagne – Pool: Stake one token and easily earn any other token you want with attractive profits
Win – Lottery: 4 rounds each day and chance to win up to 50% of total prizes
NFT Launchpad, NFT Earn: Collect unique NFTs, stake, boost, and upgrade to earn more profits than just selling
IDO launchpad: Invest soon with a glamorous price, just buy, claim and get multiplier profits when the token is listed on Winery Swap

Many opportunities to invest and gain rewards for users on Winery Swap

Constantly updates new features that benefit users like NFT launchpad, NFT earn, and IDO launchpad where users can earn in many ways.
Users can participate in an Airdrop to receive a large number of new free tokens.
Create a marketplace where users can list NFTs and trade to profit with the lowest transaction fee of 0.1%.

Despite the fact that DEX is still in its early stages, the number of decentralized exchanges is undeniably increasing. In this day and age, when many services, products, and assets have been and are being digitized. This change promises to users a new wind of opportunity and provides numerous benefits to users when trading digital assets.

Digital Pratik’s JorrParivar presents India’s first NFT-ticketed IRL event – the ‘JorrDaar Event’

June 20, 2022 Published by TheBlockchainExaminer.com

In a remarkable move, popular content creator and personal branding practitioner Digital Pratik is bringing forth India’s first-ever NFT ticketed IRL event – JorrDaar Event – through his NFT project, JorrParivar. Encompassing a wide range of activities, Q&A sessions, in-depth panel discussions about Web3 tech and NFTs, and much more, this first-of-its-kind event will be held on 24th June 2022 at Club 07 in Ahmedabad, Gujarat.

JorrParivar by Digital Pratik is the country’s very-first community-driven NFT project consisting of 1254 tokens around 22 IPs with a primary focus on the practicalities of branding, marketing, and motivation – and is now presenting its own unique event exclusively for JorrParivar holders. This JorrDaar Event, in turn, marks itself as India’s first on-ground event for which real NFT tickets will be airdropped specifically in your wallet based on a snapshot of JorrParivar holders on Ethereum Blockchain. These NFT tickets will be redeemed on JorrParivar’s custom Web3 platform, which will generate code via blockchain. Their portal will then scan this at the event before letting in the attendees. What’s noteworthy is that the tickets to the event are not sold in INR or any fiat currency.

Breaking paths from the ordinary, JorrDaar intends to bring together like-minded people under one roof, thereby unlocking phenomenal networking opportunities in the Web3-crypto-NFT landscape and beyond. Apart from facilitating these meaningful interactions and conversations, the event also seeks to serve as a platform for NFT artists to showcase their art in the JorrDaar gallery to all JorrParivar holders. Furthermore, it will also see a Q&A session that will detail all about NFTs alongside 3-panel discussions. Each panel discussion will deep-dive into relevant subjects such as the Web3 World, the GenZ’s take on NFTs, and whether NFTs can be a way of branding and marketing. Panelists for these include notable personalities like Anshul Rustaggi, Vishakha Singh, Raj Shamani, Varun Mayya, Farheen, Ayush, Shashank, Pratik, Agastya Shah, Pritosh, Gurang, Reshi , Anshuman, and Abhinav, amongst several others.

While expressing his excitement about the event, Digital Pratik said, “It is no secret that NFTs have brought about a paradigm shift in art collecting and are the future. However, I believe that they will also revolutionize and take the marketing realm by storm by becoming another way of branding and marketing a business online. This event is our endeavour to club the power of community and our future and, in the process, break down and bring conversations around NFTs to the mainstream. I am looking forward to learning and growing with the JorrParivar family, alongside, of course, having lots of fun!”

In addition to this, the JorrDaar Event will bring into its fold a bunch of special activities, surprise launches, exclusive merchandising, and perks for the JorrParivar NFT holders – making for fun as well as an insightful experience. At the same time, it also acts as yet another step by JorrParivar towards playing a significant role in ushering in Web3 and fostering crypto development at a lightning-fast pace in the country.

Trade and Earn WT Token Effortlessly on XT.COM

June 17, 2022 Published by TheBlockchainExaminer.com

XT.COM, the world’s first social-infused digital asset trading platform is excited to announce that it has listed Wohlstand token (WT) with USDT trading pair on top of its platform. With this listing, crypto enthusiasts can now perform WT/USDT trading on XT.COM conveniently and earn liveable income.

Wohlstand token (WT) is an ERC-20 and Binance chain BEP20 digital currency. Moreover, WT functions as a peer-to-peer native token with value-added privileges within the Wohlstand crypto business ecosystem. WT token can be purchased, traded, staked, and used to perform crypto-related transactions. Staking WT on the Wohlstand platform will provide users with 3% per month in USDT staking rewards.

Apart from XT.COM’s continuous token listing, it aims to bring financial independence to its users through cryptocurrency. It plans to achieve this breakthrough by listing a full suite of multi virtual currencies that are tradable on its platform. This excites XT.COM to list only the best selection of digital assets. Participants who arbitrage WT/USDT are eligible for withdrawals on XT.COM 24/7.

What is more, users can perform WT/USDT withdrawals at any time, everywhere, as long as there is an internet connection. XT.COM proudly encourages everyone to participate in trading WT tokens on its platform straightforwardly regardless of users’ geographical location.

Anisor, the Global CMO of XT.com stated, “We are proud to add trading support for WT token on XT.COM. We also encourage our global users to engage in active WT token trading and withdrawal on our platform.”

On the other hand, the WT token listing represents a monumental innovation that forms a huge part of XT.COM’s goal of expanding its crypto trading services landscape since the beginning of Q1 of 2022. To achieve this, XT.COM continues to build a remarkable footprint of its crypto listing portfolio now and beyond.

10,000 MUSIC NFTS GIVE-AWAY BUMP THE GROUND ON AIRDROP EVENT – CREATURE HUNTERS

June 16, 2022 Published by TheBlockchainExaminer.com

Creature Hunters is a blockchain-based online defensive game based on the original animation created by Hitoshi Mogi and Chstudio in Seoul, Korea. Create your greatest team, combat other players, and users can have multiple ways to easily and efficiently earn rewards with your NFTs!

The first Airdrop NFT event in Creature Hunters took place on June 14th, 2022. Each member of the Creature Hunters NFTs Community group must complete all tasks on Telegram and be the most active on Telegram and Discord to be eligible for the top 10,000 winners.

1. 10,000 NFT MUSIC HIT GIVE-AWAY EVENT

NFTs aren’t just cat GIFs and JPEGs of cartoon apes, they can also represent immutable ownership of music clips too.

This is what a music NFT’s “non-fungible” section really means. While fungible tokens (such as Bitcoin (BTC) or a dollar coin) are mass-produced and extremely liquid, non-fungible tokens cannot be instantly exchanged for an asset of agreed-upon equivalent value.

Step-by-step instructions : We’ll retweet this event if you follow our Twitter page: Join Telegram and Discord communities to learn a lot of things. Then, join Facebook and Instagram as a fan. You also have a YouTube subscription.

Visit our official website at: https://creaturehunters.world/ to get in touch with us.

Timeline of event has opened: 1:00 a.m, June 14th, 2022 (UTC) and Close: 23:00 p.m, July 11th, 2022 (UTC). Winners will be revealed later on our official global Telegram and Discord channels.

2. OPEN BETA TEST GAME

The event will be held from June 28th to July 25th, 2022 with reward is $10,000 in prize money. Read detail about Prize Pool, Regular, Top Ranking more and more at: https://creaturehunters.medium.com/testing-campaign-creature-hunters-6ecc1042c628

Become a member with 4 steps:

Step 1: To take part in our campaign, please fill out the following form: Fill out the form and submit it.
Step 2: Participate in the Close Beta Test
Step 3: Look for bugs and report them using this form.
Step 4: Stay active and check Telegram channels frequently. Following your submission, our staff will examine your responses more closely. Spreadsheet allows you to keep track of the progress and outcomes.

You can participate in the weekly Creature Hunter event while searching for bugs. We’ll compile the results and rankings at the end of the four weeks.

● GAME MODE

Creature Hunters challenges users every day with a range of game modes based competition. It offers consumers a new NFT gaming experience, as well as rewards form.

Physical strength, speed, defense, and attack power are the four basic attributes of any robot, with the character displaying power based on the value of each skill. There are three skill options to choose from and the player’s skill level can be improved by purchasing items for each skill.

Creature Hunters provides a variety of incentives and giveaways to players Free Token campaigns abound at Creature Hunters, with a total prize pool of thousands of CHTS drawing a large attendance. Players will get the nicest feelings if they participate in appealing projects.

SOURCE Creature Hunters

Curtain Falls on MIAM’s “Dream Space: New Wave in the Metaverse” NFT Art Exhibition

June 16, 2022 Published by TheBlockchainExaminer.com

The Metaverse Industry Association Macau (“MIAM“)’s first NFT exhibition, “Dream Space: New Wave in the Metaverse” (“the Exhibition“), wrapped up on 12 June. Debuted on 1 May at Lisboeta Macau’s H853 Fun Factory, the city’s first ever physical NFT exhibition greeted visitors with 37 artworks from the world’s notable artists and IPs.

Mr. Thomas Ao, founder and President of MIAM, said, “Metaverse and NFTs were probably not on most people’s radar until just a year ago and now we are talking about Web3.0 and other revolutionizing themes – to some extent, we are presenting the future to people via this exhibition.”

The exhibition has featured 37 artworks from famed artists and IPs that included Macau’s own Álvaro Barbosa, Andreas Ivan (courtesy of Mr. Arnaldo Ho), BAYC (Bored Ape Yacht Club), CryptoPunks (both courtesy of Coinunited.io), David Yuan and Ting Song. The event also consisted video screenings from We Are What We Eat, a performance art feast for all five senses and the world’s only edible NFT dining experience (created by André Chiang), as well as METASENS, a large-scale metaverse theme park backed by Imperium Technology Group Limited (00776.HK). Meanwhile, visitors were invited to experience the fun of creating avatars and architecture at the Sandbox workshop, while the exhibition showcased multiple Sandbox creators’ works. The exhibition was curated by Mr. Cai Guojie, former Visual-Art instructor from Macau Art Museum.

“MIAM launched the first NFT exhibition in Macau because we want to initiate the metaverse conversation, probably demystify this space for some, and provide a platform for the likeminded in the region. The exhibition has marked a successful end, but it is the beginning of our mission, as we launch more initiatives to boost innovations and education.” Mr. Ao continued.

Earlier during the exhibition, MIAM hosted two online panel discussions that looked at some of the most trending topics, such as the relationships between web 3.0, NFTs, and the metaverse. The discussions were joined by representatives from industry players including The Sandbox and Beats by DRE.

In another effort to propel regional innovations, MIAM has set up a HK$1,000,000 Macau-exclusive creator’s grant fund that asks creators to create Macau-themed avatars, buildings, and games in The Sandbox.

“We would like to express our gratitude towards the visitors who came to our exhibition, H853 Fun Factory, Mr. Cai, all the participating artists and collectors who generously lent their art. We would not have been able to create a ‘Dream Space’ without their unwavering support. This is also an example of how we mobilize our resources to facilitate metaverse and NFT talk in the region.” Mr. Ao added.

Author: TheBlockchainExaminer.com