ApeCoin hits all-time high amid discussion on new NFT staking system and BAYC metaverse

    A few days ago, ApeCoin (APE), the new crypto asset dedicated to the Bored Ape Yacht Club community (BAYC), tapped an all-time high of $17.30, and the crypto asset is now the 32nd largest in terms of market capitalization among 13,691 other cryptocurrencies. It has climbed more than 50% against the US dollar in two…

    Emirates is betting on NFTs, Web3, and the metaverse

    Emirates revealed its plans to expand the airline’s use of the metaverse and launch NFTs to increase revenue and improve customer service. The NFTs are designed to be both collectible and utility-based, and the first projects are already underway, with launch anticipated in the coming months, it said in a statement on Thursday. Emirates added…

    Meta reportedly plans to launch a social token for its metaverse

    Meta is reportedly trying to develop its own token to support its ambition of connecting users through the Metaverse. More tokens may be developed as Meta builds a metaverse, the report outlined. Despite Meta (ex-Facebook) recently giving up on its plans to create the Diem stablecoin, it’s reportedly still interested in creating tokens for use…

    Bored Ape Yacht Club suggests its own 3D metaverse amid ApeCoin adoption

    Since the launch of ApeCoin (APE) on March 17, it has gone on to become the most traded token among Ethereum whales. Now, the BAYC trailer posted to social media hints at a 3D gaming metaverse powered by Animoca, while TIME Magazine and other prominent firms will soon begin accepting ApeCoin as payment. Yuga Labs…

    Instagram to incorporate NFTs, Zuckerberg said

    Mark Zuckerberg revealed plans to integrate NFTs into the Instagram platform, but it’s still unclear what this will look like. The news continues Meta’s narrative that it is moving closer to its proposed ‘metaverse’ goal. According to Engadget, NFTs are coming to Instagram, as Meta CEO Mark Zuckerberg told SXSW. “We’re working on bringing NFTs…

    Digital and NFT art spotlighted at Art Dubai

    Art Dubai, held on March 11-13, was the most extensive fair yet, bringing together over 100 galleries from 44 nations, including more than 30 first-time participants. The fair’s 15th edition included the Art Dubai Digital pavilion with several NFT projects and digital presentations. The global art scene had to adapt after two years of the…