Author: Jeremy Ryan

Derivatives marketplace CME Group is planning to launch reference rates and real-time indexes for three metaverse crypto assets, allowing investors to track pricing data more reliably using a methodology commonly used in traditional finance. Beginning Jan. 30, CME Group and CF Benchmarks will launch reference rates for Axie Infinity Shards (AXS), Chiliz (CHZ) and Decentraland’s MANA (MANA), the company announced on Jan. 5. The reference rates and indexes are not tradeable products but instead can be used by investors to “price sector-specific portfolios, develop structured products […] and manage price risk around various Metaverse-based projects,” said Giovanni Vicioso, CME Group’s head…

MuTerra, a collectible card game (CCG), has announced that it will release an alpha version on January 14, 2023. The information came through via the game’s co-founder, who described the ceremony as an opportunity for players to access MuTerra assets. Also, they will be able to participate in the forthcoming MuTerra airdrop scheduled for January 15, 2023. Previously, MuTerra had hosted a Maldives Pack Sale where players could purchase MuTerra’s exclusive assets. While not everyone could get it, this new launch will handle the shortcoming. Additionally, the organizers included a list of events to be featured during the launch, and everything will…

Axie Infinity has announced Season 2 of Origins, a game involving cards where users compete with Axies. Recall that season one of Axie Infinity: Origins was kicked off in early September with a prize pool of 112,000 AXS tokens, 6,750 of those going to the first-place finisher! The NFT-based game offered more than 1.5M USD worth of AXS rewards during Season 1, also introducing new gameplay systems. On the 11th of January, Axie announced the arrival of Origins Season 2. Season 2 comes with even more modified gameplay and features. Some new additions or modifications are upgraded crafting progression, daily login rewards,…

Web3 gaming hits the ground running this year, with new releases, new alphas, and even an uptick in the general cryptocurrency markets to help things along! Today we take a look at some of the top NFT collections and games this past week. It’s certainly nice to see the markets in the green. It’s also nice to see even more news and releases from the web3 / play to earn / play and earn gaming developers! Skyweaver brings us a new card set as well as a new Skypass allowing players to earn rewards in a battle pass style system.…

The Sandbox has reached a point where there is some sort of event happening at any given point in time. Today we bring you no less than three events that you can jump into this month. And all of them offer play and earn opportunities! Where once there was only the Sandbox alpha season, now there are special Sandbox events pretty much constantly! These events give players a chance to try out new, free experiences in The Sandbox, and earn SAND tokens simply by completing in-game quests and tweeting about it! You always see the current contests available on the…

Mojo Melee brings us an announcement about their first Mojo Bowl Invitational Tournament. With a special NFT for every participant, and a 5,000 USDC prize pool, the competition for this tournament should be fierce! Mojo Melee began weekend alpha tests a couple of months ago. They also recently hosted a small, charity tournament in December. But now they’re ready to open the floodgates to a public tournament with NFTs and USDC as prizes! Running during the weekend of February 11th and 12th, this tournament is held in conjunction with Community Gaming and will include 256 players. How to earn an…

NFT Non-fungible token (NFT) sales have dropped significantly in contrast to the seven days prior, as NFT sales are down 59.35% this week. During the past seven days, $208.68 million in NFT sales were recorded, with $157.20 stemming from the Ethereum blockchain. The top-selling NFT collection this past week was the Bored Ape Yacht Club (BAYC), with $16.69 million in sales, equating to 7.998% of the $208 million in sales this week. Ethereum and Solana Lead NFT Sales Among Top 20 Blockchains Amid Lower Digital Collectible Sales This Week During the first week of 2023, NFT sales were up 26%…

Morningstar Ventures, an investment firm specializing in digital assets and blockchain technology, is opening its first interactive digital art gallery in the heart of Dubai. Located in the Burj Daman Tower (DIFC area), ‘37xDubai’ is positioned amidst Dubai’s business and lifestyle center. 37xDubai aims to bridge art and technology through focusing on web3 education, traditional art, digital art, entertainment, and community. A carefully curated collection of art mixed with digital experiences will make 37xDubai much more than just a gallery. Via educational programs, private events, and monthly gatherings, 37xDubai will cultivate a global community of digital art enthusiasts.Featured artists will be…

Non-fungible tokens (NFTs) have been making waves in digital art. What does this mean for fine art? Can these two worlds merge? We’ll explore why NFTs are gaining traction and how they might revolutionise how we value fine art.Is there a fine art market for NFTs?If you’re asking if fine art and NFTs can merge, the simple answer is yes. That crossover has already begun. Sotheby’s Institute of Fine Art, which auctions and curates collections, has unveiled a new educational program to provide creative business leaders with the skills necessary to master Web3 fundamentals.Why is Sotheby’s running this program? –…

Now in its 20th year, Art Basel Miami has become a landmark event where the main show is less important than what happens behind the scenes. While the “creme de la creme” of the art world mingle at the main exhibit and SoBe’s fancy hotels, the hip crowd head elsewhere in the city. Seasoned collectors rarely visit Miami’s vibrant Wynwood neighborhood, best known for its street art. They are making a huge mistake.Wynwood and the area around is now home to Tech Basel — a chaotic and insanely popular week of happenings that runs concurrently with Art Basel. And it’s just so much more fun than the…