HBAR Foundation Commits $250M to Drawing Metaverse Apps to Hedera
Hedera Hashgraph, known for its blockchain-like distributed ledger technology (DLT), will put $250 million in native HBAR tokens towards developing enterprise applications in the metaverse. “The Hash” hosts discuss the latest investment into Web 3 and why this is a continuing story to watch.
Citi Estimates $13T Metaverse Economy By 2030
In a new report, Citi analysts predict that the total addressable market (TAM) for the metaverse economy could be as high as $13 trillion by 2030. “The Hash” panel discusses drivers of the current “land grab” mentality, as well-known brands start to experiment in the metaverse.
Binance to Sponsor 64th Annual Grammy Awards
Binance, the world’s largest crypto exchange, has announced plans to sponsor the 64th Annual Grammy Awards, the biggest night in the American music industry. “The Hash” group discusses why crypto companies are vying for mainstream audiences, noting advertisements by FTX, Coinbase, and Crypto.com in this year’s Super Bowl. Plus, a conversation about the possibility of a metaverse Grammy Awards.
China’s WeChat Bans NFT Accounts; Zilliqa Token Soars
NFT accounts banned from WeChat due to “crypto speculation”. India’s IMF Mission chief warns over crypto. Zilliqa on a tear after Metapolis metaverse launch event announcement. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
First Metaverse Fashion Week Trends, Misses: 'Phygital' Is in Vogue
After four days and over 2,000 NFTs sold, the first ever virtual fashion week is officially in the digital books. Giant global brands like Estée Lauder, Forever 21, Tommy Hilfiger and many others flocked to the ambitious, crypto convention in Decentraland where "phygital" goods are the new trend of the season. CoinDesk's Doreen Wang reports on the hits and misses.
Why Metaverse Fashion Week Matters
Decentraland hosted Metaverse Fashion Week, where global brands like Estée Lauder, Forever 21 and Tommy Hilfiger participated through NFTs and immersive experiences. “The Hash” team discusses what audiences these types of virtual events attract and how they might evolve as metaverse technology progresses.
Sotheby’s Partners with Liverpool FC on NFT
Sotheby’s is expanding its metaverse ventures through a partnership with Liverpool FC for the team’s debut NFT collection. “The Hash” team discusses where this announcement fits in Sotheby's long history of selling sports collectibles and how the low price points of these digital assets can help the high-end marketplace democratize its offerings.
Bollywood Icon’s Tax Bill; Metaverse Fashion Week Opens
China’s ZTE registers metaverse trademarks. Indian superstar Amitabh Bachchan chased over NFT tax. Decentraland offers a glimpse into the future of fashion at its Metaverse Fashion Week. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
MetaMask Founding Architect Joe Diez Launches New Project MetaMetaVerse
Joe Diez, a founding architect for Ethereum wallet MetaMask, has ended his “crypto retirement” for a new project called MetaMetaverse, which aims to be the most interoperable metaverse to date.