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Samsung and Wilder World Team Up to Bring the Metaverse to Your Living Room

Samsung is jumping into the Metaverse world, and they’ve chosen to partner with Wilder World. This means you might soon be able to explore the Metaverse right from your Samsung smart TV!

What’s the Metaverse?

Picture a huge online playground where you can play games, hang out with friends, and even have your own virtual space. This is what people mean when they talk about the metaverse. Wilder World is a part of this big virtual world. It’s like a giant racing game that happens in a virtual world instead of the real world.

Why team up with Samsung?

Wilder World wants to share their metaverse fun with as many folks as possible. Since Samsung has millions of smart TV users all over the globe, teaming up with them is a smart move to get more people to notice Wilder World. For Samsung, it’s a chance to get their users excited about Web3, which is a fancy term for a new way of using the internet involving stuff like blockchain and NFTs (non-fungible tokens).

Here’s a simpler version:

Samsung and Wilder World are joining forces! Soon, you’ll find Wilder World stuff on Samsung’s websites and their NFT gallery app. Samsung will also sell special Web3 TVs that might come with a Wilder World NFT as a bonus. These NFTs are like digital certificates, proving you own something cool in the metaverse.

For you, it means the metaverse could become more popular and easy to check out, even if you’re not into gaming. And if you have a Samsung smart TV, you can jump into something new and exciting.

Wilder World had some issues with slow transactions, so they made Meowchain, their fast blockchain. Now, with Samsung on board, the metaverse is set for some big changes in entertainment.

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Sony, the giant behind PlayStation, has unveiled a patent application that could transform how gamers interact with in-game items. This concept, called “Super-Fungible Tokens” (SFTs), could revolutionize ownership and trading within the gaming world.

Traditionally, in-game purchases like weapons or costumes are locked within a specific game. With SFTs, stored on a secure online ledger called a “distributed ledger,” players could finally own these items. This opens doors to exciting possibilities:

True Ownership: Imagine buying a rare sword in a game. Currently, it’s stuck in that game. SFTs would make it truly yours, allowing you to keep it even if you move on to a different game.

Trading and Selling: Don’t need that awesome sword anymore? SFTs could enable a marketplace where you can sell it to other players, recouping your investment or even making a profit.

Bundles and Collections: SFTs wouldn’t be limited to single items. Think of them as collectible packs containing multiple cool items. It’s like buying a special edition weapon set instead of just one gun.

Security and Transparency

This system relies on blockchain technology, a secure way of storing information online. It ensures your SFTs are safe and can’t be duplicated, just like a tamper-proof digital receipt.

More Than Just NFTs

It’s important to note that SFTs differ from regular NFTs (Non-Fungible Tokens) typically seen in the news. NFTs are usually one-of-a-kind, while SFTs can group similar items together.

Why This Matters

This patent is a big deal for a few reasons

Empowering Players: For the first time, players could have genuine ownership of their in-game purchases, not just temporary access granted by the game company. This could make buying things in games feel more worthwhile.

A Thriving Marketplace: Imagine a platform where players can buy and sell all sorts of cool stuff they get in PlayStation games! This could foster a whole new way for gamers to connect and interact.

The Future of Gaming: Sony’s move suggests that major gaming companies are taking blockchain technology seriously. This could pave the way for even bigger changes in how we play games in the future.

Sony’s Web3 Journey

This patent isn’t Sony’s first foray into the world of Web3, which focuses on using blockchain to create new online experiences. Here are some of their other ventures:

Partnerships: Sony has teamed up with other companies to offer fans digital collectibles related to movies and music.

Metaverse Exploration: They’re even exploring the “Metaverse,” a virtual world where people can socialize and play games together.

Looking Ahead

While it’s uncertain when or if Sony will implement SFTs in PlayStation games, this patent signifies their commitment to exploring new ways to enhance the gaming experience for players. So, PlayStation fans, the future of gaming might be about to get a whole lot more exciting!

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Yuga Labs, a top NFT studio, has announced it will no longer support marketplaces that do not uphold creators’ royalties, marking a significant move towards a creator-led web3. This decision coincides with the launch of Magic Eden’s Ethereum marketplace. Collections with royalty filters will now only be traded on platforms that respect creator royalties.

This shift comes after Blur gained dominance in NFT trading volume by offering generous incentives and reduced royalty fees, prompting other marketplaces like OpenSea to follow suit. Yuga Labs’ revenues declined due to lower royalty structures and declining NFT trading volumes. In November, Magic Eden partnered with Yuga Labs to launch a marketplace contractually obligated to enforce creator royalties.

While this decision may not have an immediate impact on revenue, it signals a commitment to supporting creator royalties. However, Yuga Labs’ top collections, Bored Ape Yacht Club and Mutant Ape Yacht Club, remain unaffected. The company released a list of collections that will only trade on platforms protecting royalty payments, including Otherside collections and Moonbirds NFTs.

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Whisper Ape Yacht Club Creator Yuga Labs’ success has just arrived. The company that makes Web3 has reached a deal to acquire Token, the startup behind the popular Moonbirds series of non-fungible tokens (NFTs). This gives Yuga control of another top NFT brand and further cements it as a major player in the art and collectibles space.

As part of the acquisition, Yuga will absorb the body of evidence and integrate the 10,000-piece Moonbirds series into another metaverse game. Evidence CEO Kevin Rose will continue to assist with the transition in the coming months and will later serve as an advisor to Yuga. Additional details of the acquisition, including financial terms, were not disclosed.

The agreement is in line with Yuga’s stated vision of being the “gateway to the 3rd world” and a hub for artists, creators, communities and brands. Copying is important. place. Introducing the brand to Moonbirds access will be another element in achieving this goal. Moonbirds has taken the NFT world by storm since its launch in April 2022, reaching $280 million in trading volume in the first 48 hours. But his luck began to fade as the entire cryptocurrency market tanked, and Proof later faced opposition from those who held plans to open source the artwork. After a fast-paced year, the brand has now gained a new life by joining another location.

Yuga Labs has been on an acquisition spree for the past few years, having previously acquired premium NFT series CryptoPunks and Meebits. But Science Research is the first acquisition by a competitive startup.

The agreement was signed immediately after the meeting regarding cooperation between the two companies. It quickly became clear that the whole acquisition made sense and allowed for the combination of the strengths of the two brands. Despite Priest’s recent challenges, the Moonbirds collection continues to have a large collection and a dedicated collector base. Integrating this into Otherside could increase the appeal of that game world. Yuga plans to continue existing efforts like its Affiliate Membership Program for collectors and reinvent them to bolster its performance around brands like CryptoPunks.

This acquisition gave life to Priest, which made a big impact last year. After a fairytale start and major funding, the company faced headwinds due to the cryptocurrency crash and community backlash. Morale is low and workers are being victimized by disgruntled NFT holders.”

God, the last few months have been so hard, haven’t they?” Evidence CEO Kevin Rose confirmed this in an interview last April. He later said that the experience made him physically and mentally healthy.

Moonbirds now have a chance to develop in many areas. Yuga believes that Priest’s team and talent can be beneficial to his future plans in the Web3 space. Yuga Labs continues to make game-changing innovations that can drive business decisions.

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