Connect with us

Metaverse

When the Metaverse and Meme Coins Collide, THESE 4 Stocks Start Popping – Baystreet.ca

Published

on

The announcement of Facebook to change its name to Meta Platforms, Inc. (NASDAQ:FB) sent shockwaves through the digital marketplace, in particular through the rise of multiple cryptocurrencies and heightened debate over which coins and tokens should businesses accept. We feel it’s wise to look deeper at what’s happening with Meta Platforms, Inc. (NASDAQ:FB), as well as Robinhood Markets, Inc. (NASDAQ:HOOD), Coinbase Global, Inc. (NASDAQ:COIN), and AMC Entertainment Holdings, Inc. (NYSE:AMC).
Meta Platforms, Inc. (NASDAQ:FB)
“[The name change] brings together our apps and technologies under one new company brand,” announced Meta CEO Mark Zuckerberg. “Meta’s focus will be to bring the metaverse to life and help people connect, find communities and grow businesses.”
However, many critics are seeing the name change actually backfiring, and effectively killing the metaverse. To be clear, Meta is not the actual Metaverse itself. Early adopters of the Metaverse are not pleased with Facebook after the change.
“I think Facebook has made this early name change to essentially secure the new trademark legally as soon as possible as more brands become interested,” said a UK-based crypto investor known as Pranksy, who said he first bought virtual world real estate around early 2020.
Robinhood Markets, Inc. (NASDAQ:HOOD)
A social media campaign hounded Robinhood with the question “When #shiba?”, referring to the increasingly popular Shiba Inu (SHIBA) token.
“Our customers want new coins,” said Robinhood CEO Vlad Tenev. “[But] we’re having to carefully evaluate whether we can add new coins in a way that’s safe for customers and in line with regulatory requirements.”
Meanwhile, the trading platform is offering free DOGE along with Bitcoin (BTC) and ETH through a sweepstakes partnership with fast-food giant Burger King.
Coinbase Global, Inc. (NASDAQ:COIN)
Users of Coinbase Global, Inc. (NASDAQ:COIN) who wanted to join in on the astounding Shiba Inu rally, were furious when the cryptocurrency exchange providers went offline, leaving traders unable to sell their holdings.
Coinbase took too long to resolve the issue, as the price of Shiba Inu had already plummeted by the time it was back online. However, when online, Coinbase users can trade SHIB, unlike current users of Robinhood.
Despite its challenges, Shiba Inu officially went on to surpass Dogecoin in market value, hitting $40 billion.
AMC Entertainment Holdings, Inc. (NYSE:AMC)
AMC Entertainment Holdings, Inc. (NYSE:AMC) already accepts DOGE, but has now floated the idea of also accepting SHIBA as well.
“As you know, you can now purchase AMC gift cards using cryptocurrency, and our IT group is writing code so that soon we can accept online payments in bitcoin, ethereum, litecoin, and dogecoin among others,” wrote AMC CEO Adam Aron. “Should we strive to take shiba inu too?”
Phrased as a poll, the CEO received an overwhelming positive response close to 90% in favor of the movie theater chain accepting it.
To read more about most of these companies as well as a BONUS company that’s a SOCIAL MEDIA and LIVE STREAMING platform that also mines cryptocurrencies including DOGE, that’s not mentioned above, visit: https://www.baystreet.ca/stockstowatch/11618/Dogecoins-Early-October-Surge-Prompted-by-Growing-Acceptance-and-Mining-Profits
Copyright 1998 – 2021 Baystreet.ca Media Corp. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes. Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Market Data is provided by QuoteMedia.com. Earnings by Zacks. Analyst Ratings by Zacks

source

Metaverse

BlackRock digs further into crypto with metaverse ETF – FinanceFeeds

Published

on

BlackRock digs further into crypto with metaverse ETF  FinanceFeeds
source

Continue Reading

Metaverse

Money Laundering via Metaverse, DeFi, NFTs Targeted by EU Lawmakers’ Latest Draft – CoinDesk

Published

on

source

Continue Reading

Metaverse

Lamina1 Presents Inaugural “Open Metaverse Conference” Connecting the Worlds of Blockchain and the Metaverse for a Next-Gen Internet – Business Wire

Published

on

Featuring a keynote from co-founder and futurist Neal Stephenson, the first-of-its-kind event aims to empower creators and coders to build the Open Metaverse together
LOS ANGELES–(BUSINESS WIRE)–Lamina1, a Layer 1 blockchain optimized for the Open Metaverse, today announced its role as founding sponsor of the Open Metaverse Conference, a first-of-its-kind industry event bringing together the worlds of the Metaverse and Web3 to build a more open and immersive Internet. The two-day conference will take place from February 8-9, 2023 in Los Angeles, California, and will gather experts and builders spanning Metaverse experiences, Web3, and entertainment.

Co-founded by Neal Stephenson, renowned futurist and science fiction author who originally coined the term “Metaverse,” and cryptocurrency pioneer Peter Vessenes, founder of the first VC-backed Bitcoin company, Lamina1 will provide the infrastructure to empower rapid expansion of the Open Metaverse. As the founding sponsor of the Open Metaverse Conference, Lamina1 will provide a forum for critical conversations around identity, privacy and interoperability, while exploring how audience engagement, creative storytelling, and the technicalities of blockchain can work hand-in-hand to make the vision of the Open Metaverse a reality.
The Open Metaverse Conference will feature keynotes from renowned technologists and storytellers who are pioneering visions for the next era of the Internet. Attendees will hear from Lamina1 co-founders Neal Stephenson and Peter Vessenes, as well as Philip Rosedale, founder of virtual world Second Life (Linden Lab) and co-founder of virtual platform High Fidelity, John Gaeta, Oscar-winning VFX pioneer (The Matrix) and CCO of character persona company Inworld AI, Cathy Hackl, Metaverse and Web3 strategist and founder of design consultancy Journey, and other industry crossover leaders to be announced. Keynote sessions will be complemented by diverse speakers and side events spanning games, art, entertainment, and commerce. To connect these key areas of culture with the technology that enables them, the Open Metaverse Conference will also facilitate technological deep dives for attendees from leaders in Web3, immersive computing, and technology standards groups. Presenting partners include the Metaverse Standards Forum, the Open Metaverse Interoperability Group, and the Open Metaverse Alliance for Web3 (OMA3), all organizations fostering interoperability.
“We are at a moment in time when developers, creatives, and producers can finally design the seamless and persistent experiences we’ve dreamed about,” said Jamil Moledina, Vice President of Games Partnerships and Media at Lamina1. “The Open Metaverse Conference will serve as the big tent for everyone who’s thinking about creating never-before-possible experiences that allow creators and consumers to enter unique virtual worlds on a level playing field.”
“OMA3 is pleased to collaborate with Lamina1 and the Open Metaverse Conference in promoting interoperability,” said Robby Yung, CEO of Animoca Brands. “OMA3 looks forward to developing talk tracks to encourage the creation of a more open and immersive internet.”
The conference will encourage interdisciplinary dialogue through debates, pitch sessions, roundtable discussions, and networking opportunities to help drive new ideas and connections.
“We felt a real sense of urgency to facilitate discussion with our colleagues and creators across the spectrum,” said Rebecca Barkin, President of Lamina1. “We know that the Open Metaverse will be built collaboratively and with a set of shared values, and we’re happy to provide this forum to address the needs of the community and to solve big problems together.”
For more information on the Open Metaverse Conference, visit www.openmetaverseconf.com.
About Open Metaverse Conference 
The Open Metaverse Conference (OMC) is an industry-first event presented by Lamina1 focused on bringing together the Metaverse and blockchain technology. The conference gathers key stakeholders spanning developers, creatives, producers, product owners, and executives to ask and address big questions around the development of a truly Open Metaverse that leverages open-source, collaborative principles and blockchain decentralization.
About Lamina1 
Lamina1 is a Layer1 blockchain optimized for the Open Metaverse. The brainchild of legendary futurist Neal Stephenson (who first conceptualized the term “Metaverse” in his 1992 best-selling novel Snow Crash) and Peter Vessenes, a foundational leader in the crypto space from the early days of Bitcoin – Lamina1 is on a mission to deliver the blockchain technology, interoperating tools, and decentralized services that will establish it as the preferred destination for creators building a more immersive Internet. It is the first provably carbon-negative blockchain in the world.
K.C. Maas
Wachsman
kc.maas@wachsman.com
K.C. Maas
Wachsman
kc.maas@wachsman.com

source

Continue Reading

Trending

Copyright © Diaily Meta News