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The metaverse continues to be a central talking point among leaders and decision-makers in global industries. For many, the vision of the future of the metaverse is not limited to a gamified version of reality.At the World Economic Forum (WEF) 2023 in Davos, Switzerland, a panel of experts came together to discuss a global idea of an industrialized metaverse. With echoes of the industrial revolution, the industrialized metaverse will bring Web3 technologies into industries that are at play in everyday life.The “Deployment in the Industrialized Metaverse” discussion started out with Abdullah Alswaha, the minister of communications and information technology in…

NFT Former U.S. President Donald Trump’s NFT collection rose 133% in the last 24 hours to 0.3738 ETH which is roughly $570 as of press time. The NFT collection was involved in 961 transactions in the last 24 hours, and its sales volume surged 1687% to 316 ETH, according to OpenSea data. The 45,000 NFTs currently have 14,677 owners, representing a 33% unique ownership rate. CryptoSlam’s data shows that the collection’s sales volume in the last seven days was above $770,000. Crypto data aggregator Coingecko tied the uptick to reports of Trump’s planned return to social media platforms Twitter and…

The final vote on the European Union’s (EU) much-awaited set of crypto rules, known as the Markets in Crypto Assets regulation (MiCA), was deferred to April 2023. It marks the second delay in the final vote, which was previously postponed from November 2022 to February 2023.The latest delay is due to a technical issue where the official 400-page document couldn’t be translated into the 24 official languages of the EU, according to The Block. Legal documents like the MiCA, which are drafted in English, must comply with EU regulations and be published in all 24 official languages of the union.The…

The metaverse has been a buzzword inside and out of the Web3 world over the last year. Moreover, development in the metaverse is something that has remained strong relative to the overall turmoil of the decentralized space.It is also a hot topic at the 2023 World Economic Forum (WEF) in Davos, Switzerland. The WEF has been developing its own initiative, “Defining and Building the Metaverse,” with the participation of over 120 participants, for which it held a press conference on Jan. 18. The WEF panel highlighted the initiative’s first two papers, which cover interoperability, governance and the consumer’s role in the…

Caroline Pham, the Commodity Futures Trading Commission (CFTC) commissioner, has recently called on regulators to provide clearer guidance on crypto assets in 2023. In an interview with Bloomberg, Pham mentioned that discussions with global players over crypto regulations are ongoing. The government official said many foreign discussions are currently happening about global industry standards for crypto regulation. According to Pham, she has had more than 75 meetings with various parties to discuss topics concerning crypto regulation. The CFTC commissioner highlighted that “very advanced discussions” were happening outside of the United States about what kind of standards could be applied globally. When asked…

Socios.com, the leading fan token platform, is offering football fans the chance to collect game-scored balls as NFTs, with the first such items featuring in the Super Cup final match between AC Milan and Inter Milan that took place on January 18.Each goal-scoring ball will be set aside by match officials, and later fitted with an ‘NFC’ chip, which will serve as a certificate of authentication. Then, it will be available for fans to win through Fan Rewards by entering a reverse auction.Since its inception, Socios.com has set out to improve how fans interact with their respective sports. The game-scored ball…

NFT During the World Economic Forum meeting in Davos, IPwe Inc. and Casper Labs announced a historic move to convert 25 million patents to dynamic NFTs. The announcement marks one of the most significant enterprise implementations of blockchain technology and the realization of a long-standing theorized use case for NFTs. IPwe is a digital intellectual property management company that provides IP services through artificial intelligence and blockchain. Casper Labs (CSPR) offers a business-focused proof-of-stake blockchain with a market cap of $401 million as of press time. Leann Pinton, the president of IPwe, described digital assets as a “revolutionary technology” while…

In a wide-ranging discussion, a panel of blockchain industry personalities at the World Economic Forum (WEF) concluded that the economy will become increasingly tokenized in the future. Carbon credits, housing, electricity, government bonds, foreign exchange and other real-world assets will be traded on the blockchain, according to the panel’s participants.The event, titled “Tokenized Economies, Coming Alive,” featured Circle CEO Jeremy Allaire, Bitkub Capital CEO Jirayut “Topp” Srupsrisopa, Finnish Minister of Transport and Communications Timo Harraka, and Yield Guild Games co-founder Beryl Li.According to Topp, Thailand’s central bank will be implementing a central bank digital currency for the Thai baht wholesale market in…

The United States Securities and Exchange Commission, or SEC, has reportedly leaked the names and email addresses of many crypto miners connected to the blockchain firm Green.According to a Jan. 17 report from the Washington Examiner, the SEC unintentionally included 650 names and email addresses in an email communication with Green as part of an investigation, leaving the blockchain’s nodes vulnerable to hacks. The financial regulator had reportedly been reaching out to Green users regarding their purchase of the firm’s products.“The Privacy Act of 1974 […] prohibits the disclosure without consent of information about individuals that the federal government maintains…

In this week’s newsletter, read about how independent creators can use music-based nonfungible tokens (NFTs) to build a fanbase and monetize their work. Check out what industry professionals are saying about NFT gaming trends in 2023 and how an NFT influencer lost his assets by clicking an advertisement on Google. In other news, find out how social media influencer Logan Paul plans a recovery for his controversial NFT project, CryptoZoo. And don’t forget this week’s Nifty News featuring Shiba Inu’s NFT project, Shiboshis. Music NFTs are helping independent creators monetize and build a fanbaseCointelegraph podcast The Agenda interviewed the host of the Web3…