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Embily™ Announces Metaverse-Integrated Financial Ecosystem – Yahoo Finance

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Embily
Tallinn, Estonia, Oct. 12, 2022 (GLOBE NEWSWIRE) — Embily is confirmed to present its new native metaverse-integrated financial ecosystem this November at this year’s Financial Summit, in Bali. The company will be represented by founder Alex Bychkov, who will expand on the project’s transformation into a global financial crypto ecosystem. In addition to this, Bychkov will unveil new on-platform functionalities.
Embily is currently developing a single entry point ecosystem for crypto users of any level looking for a simple, safe, and convenient way to integrate capital into the digital economy. In a metaverse setting, the project will advance towards a straightforward and gamified approach to user onboarding, which will facilitate connections with decentralised applications and services.
Embily’s default infrastructure is set to include a host of services necessary for attracting and circulating liquidity. The following metaverse-based serviced and functionalities will be available to users:

Buying and Selling Сryptocurrencies via bank cards and IBAN.
Crypto Bank Card products will expand from Europe to the US and Singapore. A working partnership with VISA will also expand the company’s reach to new audiences while ensuring a seamless integration of banking services.
Bitcoin Custodial Storage services featuring fast and interest-free replenishment to Embily cards will be included at the initial deployment stage in order to enhance security and adhere to the principles of international financial regulations on KYC and AML practices.
Investments In the Real Sector will be supported through connections to the economy via infrastructure partnerships and direct gateways.
Over-the-Counter (OTC) Service for businesses seeking to bulk purchases of cryptocurrencies- accelerating their adoption by both retail investors and product and service companies.
“Our decision to develop Embily’s infrastructure is stimulated by the fact that we are always striving to make a convenient and multifunctional product aimed at catering to the needs of our users,” states Bychkov. “The metaverse is a promising area in the digital space that has to be leveraged for the purpose of making digital currencies mainstream among a larger number of businesses. Such inclusion will benefit the global economy in this most difficult time, which is also a time of great opportunity that cannot be missed. We believe in the prospects of digital finance, just as our users appreciate the convenience it provides.”
The company’s Project Development Team is confident that the presentation of the new product will attract considerable international attention from both financial professionals and new users who share a vision for an open financial ecosystem that expands access to digital financial instruments while preserving integration into traditional fiat gateways.
The Financial Summit will be held at a luxurious resort in Bali from the 1st to the 6th of November. It is an exclusive 5-day networking event with only 50-75 active participants invited – Investment Professionals, Financial Engineers, Traders, Family Office & Hedge Fund Money Managers, and Financial Entrepreneurs.
Media Contact:
Company Name: Embily
City: Tallinn
Country: Estonia
Email: elena@embily.com
Website: https://embily.com
There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or any other product or service in this article. Moreover, nothing contained in this PR should be construed as a recommendation to buy, sell, or hold any investment or security, or to engage in any investment strategy or transaction. It is your responsibility to determine whether any investment, investment strategy, security, or related transaction is appropriate for you based on your investment objectives, financial circumstances, and risk tolerance. Consult your business advisor, attorney, or tax advisor regarding your specific business, legal, or tax situation. Newsroom: abrelease.submitmypressrelease.com

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Amazon (NASDAQ: AMZN), Shopify (NYSE: SHOP), and MercadoLibre (NASDAQ: MELI) were all diving today after the September Consumer Price Index (CPI) came in hotter than expected. Wall Street was eagerly anticipating the report, as the inflation number is one of the biggest factors impacting the Federal Reserve's decision on interest rates. With the month-over-month CPI up 0.4%, its fastest growth in three months, and the year-over-year number still high at 8.2%, it's clear that inflation continued to be a problem for the economy in September.
Nio (NYSE: NIO) stock has tanked more than 40% in the last month, far outpacing the approximately 14% decline in the S&P 500 index. Nio shares continue to slide today, down 2.5% as of 11:25 a.m. ET. Nio doesn't yet do business in the U.S., but the prospect for the Federal Reserve to have to raise rates even more than hoped has global implications.
In this article, we discuss the 10 top stock picks of Gavin Abrams’ Abrams Bison Investments. If you want to skip reading about Gavin Abram’s investment strategy and his hedge fund’s performance, you can go directly to the Top 5 Stock Picks of Gavin Abrams’ Abrams Bison Investments. Based out of Bethesda, Abrams Bison Investment […]
(Bloomberg) — Wall Street hopes that the Federal Reserve might be able to ease up on its battle against inflation later this year were decisively dashed Thursday when consumer price index data for September came in unexpectedly hot. Core CPI, which excludes food and energy, increased 6.6% from a year ago, the highest level since 1982. Most Read from BloombergCore US Inflation Rises to 40-Year High, Securing Big Fed HikeIntel Is Planning Thousands of Job Cuts in Face of PC SlumpHere’s How Weird
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The Dow fell more than 400 points to start off the trading session on Thursday after September CPI came in hotter than expected, while the 10-year Treasury yield topped 4%.
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No one from Wells Fargo's 17-member “senior leadership team” remains based at the bank’s headquarters in San Francisco, the bank told me Wednesday. The senior leadership team, as outlined on the bank’s website, includes CEO Charlie Scharf and the C-suite along with other senior executives, such as the heads of several business units. As recently as February 2020, Wells had four members of its then 15-member senior leadership team based in San Francisco, where the bank (NYSE: WFC) was founded in 1852 amid the Gold Rush.
Last month, the Federal Reserve implemented its fifth straight interest rate hike this year, and its third consecutive hike at 75 basis points, bringing its key funds rate up to the 3% to 3.25% range. The move showed that the central bank is deadly serious about taking on the stubbornly high inflation that has been plaguing the economy since the middle of 2021. The Fed’s turn toward an aggressive anti-inflationary policy may not be hard enough, however, as the September data, released this morni
With a price-to-earnings (or "P/E") ratio of 28.7x McDonald's Corporation ( NYSE:MCD ) may be sending very bearish…
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8 Best Metaverse Crypto Coins to Invest in 2022 – Cryptonews

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Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
With the Metaverse being one of the most popular sectors within cryptocurrency, finding the best Metaverse crypto coins can be an excellent investment strategy. 
Throughout this article, we’ll be reviewing eight of the top metaverse crypto coins and detailing how to buy our number one pick. Let’s get started. 
Below, we’ve included a quick summary of our Metaverse crypto list. Detailed reviews can be found in the next section. 
Tamadoge – Overall Best Metaverse Crypto Coin
Battle Infinity – Play-to-Earn Metaverse Ecosystem
Quint – Merging the Metaverse and Real-Life
Decentraland – Leading Metaverse World
Enjin – Tokenizing In-Game Assets
The Sandbox – Community-Focused Metaverse
MetaHero – Import Real-World Objects into the Metaverse
NFT Worlds – Blending Minecraft and the Metaverse
Each of the Metaverse crypto coins we’ll be reviewing boasts a strong feature set and plenty of utility. 
Tamadoge (TAMA) is a massively exciting project blending NFTs, the Metaverse, and memes in order to create a P2E game perfect for both casual players and crypto enthusiasts.
Centering around a Metaverse world named the Tamaverse, the game would see players raise NFT-based pets. A player can give their pet items from the Tamadoge store to upgrade it, earning Dogepoints in the process. As a player earns points, they move up the in-game leaderboard and earn a greater share of the rewards pool. 
While Tamadoge will first be available through a web browser, it will later release support for virtual reality headsets, providing users with an immersive way to interact and play mini-games within the Tamaverse. Players will also be able to use their phones to bring Tamadoge pets into the real world, similar to Pokemon Go (expected Q4 2023).
Tamadoge features a fixed supply of 2 billion tokens and a 5% burn rate on revenue generated from the in-game store. 
Tamadoge is one of the best Metaverse coins on the market. Its presale has raised over $4 million, and with the price per TAMA increasing slightly as tokens are sold, it’s worth checking it out today. Join the Tamadoge Telegram to learn more. 
Visit Tamadoge Now 
Battle Infinity (IBAT) is an upcoming P2E Metaverse ecosystem. It features a virtual world, exciting player-vs-player (PVP) games, and multiple DeFi elements.
Investors seem to love Battle Infinity, after just days of being in presale the project hit its hard cap of 16,500 BNB. While the presale sold out, IBAT will become available to trade on PancakeSwap on August 17th giving investors an extra chance to pick up some tokens. 
Battle Infinity is split into six platforms, a fantasy sports league, a decentralized exchange (DEX), an NFT marketplace, a collection of PVP P2E games, a staking platform, and a Metaverse world in which players can customize their avatar and watch battles in the arena. 
Some competitors to Battle Infinity’s fantasy sports league (Dream11, Mobile Premier League) have tens of millions of users. With Battle Infinity incorporating elements from crypto as well as fantasy sports, it could capture an even larger user base, which could do wonders for the value of IBAT. 
Battle Infinity is one of the few Metaverse crypto coins likely to stick around for the long term. The project has been audited by SolidProof and KYC-verified by CoinSniper adding to its validity. Check it out today using the link below and join the IBAT Telegram to stay up-to-date with the project. 
Visit Battle Infinity 
Quint (QUINT) is a Metaverse project blending the real and virtual worlds to provide investors immense value.
On the surface of things, Quint seems like a regular crypto project, it will feature staking, an NFT marketplace, and distribute rewards to investors. However, when you look into the details it’s clear that Quint is different from most projects. 
In addition to traditional staking (earn crypto for locking funds), Quint will offer investors the ability to participate in Super-staking pools. Within these pools, users will be able to earn real-life rewards like hotel stays, supercar experiences, and discounts on restaurants. 
In order to reshape the way NFT marketplaces currently operate, Quint will create a boutique NFT marketplace that offers users the option to have freshly minted NFTs framed and delivered, merging the real and Metaverse worlds.
Later down the line, Quint plans to add real-world items to its treasury. Investors will become part-owners of these items with the exact rates based on the number of QUINT tokens owned. 
Quint is a first-of-its-kind platform. With the Metaverse growing exponentially, Quint could be the key to bringing the sector to the mainstream. Check out the project below.  
Visit Quint Today
Decentraland (MANA) is the world’s most popular metaverse world.
Within Decentraland, users can purchase parcels of land which can be built upon. The possibilities of what can be created are near-endless with some users creating entire office blocks and P2E experiences. 
Decentraland is perhaps the most well-known Metaverse world in existence. It provides users with a wide range of monetization opportunities and will likely perform well in the foreseeable future. 
Enjin (ENJ) is a project that could reshape the gaming industry by tokenizing in-game assets.
The project aims to reshape the way developers create and distribute in-game items by tokenizing them to support easy buying, selling, and trading. Developers will also be able to receive royalties on secondary sales, similar to NFT creators. 
Currently, the main factor holding Enjin back is the lack of implementation. However, as this Metaverse crypto project is used in more large-scale games demand will likely boom. 
The Sandbox (SAND) is a community-centric Metaverse and the main competitor to Decentraland.
While The Sandbox boasts similar features to Decentraland (monetization options, land parcels, etc) it focuses more on the experience of individual players rather than catering to big businesses. 
The Sandbox consistently ranks as one of the 11 best Metaverse coins. The project is growing quickly and is worth a quick look.
Currently, the vast majority of assets usable within the Metaverse are computer generated and created digitally. However, MetaHero (HERO) could change things.
The project plans to create the world’s largest library of Metaverse assets. It will scan real-world objects and people to create assets unrivaled in terms of realism and detail. 
With MetaHero providing Metaverse developers the ability to create more realistic worlds, it could be one of the top metaverse cryptocurrency projects in the future. 
NFT Worlds blends one of the world’s most popular games, Minecraft, and the Metaverse to create a familiar yet powerful set of virtual worlds.
NFT Worlds allows players to create immersive Metaverse experiences and P2E games similar to Decentraland while using the familiar tools offered by Minecraft.
Millions of people own Minecraft accounts, as such, a platform allowing people to create Metaverse experiences within the game is likely to draw the attention of investors. 
In order to make the process simple, we’ve detailed how to buy TAMA, the best crypto to watch in 2022. 
To purchase TAMA, an investor needs to acquire ETH from a regulated exchange like eToro or directly from the Tamadoge website. 
Visit eToro Now
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection 
Once an account has been created, press ‘Deposit Funds’, decide how much to invest, and press, ‘Deposit’. Then, search for ‘ETH’, click ‘Trade’, choose how much Ether to purchase, and press ‘Open Trade’.
Next, create a crypto wallet by downloading the Metaverse extension or mobile app. Check that it’s set to the Ethereum network and use the eToro Money Wallet to withdraw ETH from eToro to MetaMask.
Lastly, head to the Tamadoge presale website, click ‘Connect Wallet’, choose MetaMask, and confirm the connection. Next, click ‘Buy Tamadoge’, decide how many tokens to buy (1000 TAMA  minimum), and hit ‘Convert ETH’. The tokens will be available to claim as soon as the presale has concluded. 
Visit Tamadoge Presale Now
A quick 3min read about today's crypto news!

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Elrond transforms into MultiversX and launches Metaverse products – Oryen sets primary focus on Passive Income – Business 2 Community

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Elrond transforms into MultiversX and launches Metaverse products – Oryen sets primary focus on Passive Income  Business 2 Community
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The Metaverse and Crypto – The Motley Fool

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Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.
Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.
The metaverse, cryptocurrency, Web3. Besides all three of these things being hot technology buzzwords, what do they have in common? For many tech developers and investors, the metaverse and crypto are intertwined and will become part of Web3 — a decentralized internet controlled by individual users rather than by big companies.
Although the metaverse (basically three-dimensional immersive virtual worlds) and cryptocurrency (Bitcoin (CRYPTO:BTC) being the first of thousands of cryptos) are two very different things, they could come to heavily rely on each other as they develop.
Let's start with a fundamental piece of technology that lies at the heart of both cryptocurrency and the metaverse: blockchain. Originally designed by Bitcoin creator Satoshi Nakamoto and now used by other big cryptos such as Ethereum (CRYPTO:ETH), blockchain is a public digital ledger that records transaction data. Transactions utilizing a blockchain network can be peer-to-peer and remove intermediaries (such as a bank or tech company) from user interactions. This can reduce cost and speed up the time for transactions to take place, among other things.
Commerce on the internet is still taking place using a digital version of traditional fiat currencies. Blockchain and currencies based on it were developed as a digital-native means of transacting business in a digital world. Metaverses with their 3D virtual worlds and immersive services are also seen by some as utilizing blockchain technology as a way to create permission-less interactions between internet users.
There are lots of 3D immersive worlds in existence today, such as video games where players can interact with each other in real time. By some definitions, though, these 3D worlds don't truly become part of the metaverse until they have a fully fledged digital economy.
Many of these games and services allow users to purchase digital items. For avid video gamers, this is a common practice. Outfits and accessories can be purchased to customize your in-game look or improve player performance. Cloud computing-based services utilize a similar concept, enabling a free-to-use or cheap starter package but locking premium or add-on features behind a paywall.
Sound a little pointless and far-fetched? This concept of metaverse shopping could have real-world applications, too. Shoppers could try on a virtual version of clothes in the metaverse before making a purchase. Nvidia (NASDAQ:NVDA) CEO Jensen Huang talks a lot about "digital twins" of physical world locations, which has tremendous potential for businesses when designing and constructing property or planning for manufacturing projects. The same could be said for individuals who could preview a home remodel or sample a product, such as furniture, in a digital recreation of their home. 
With the potential for e-commerce and social interaction, this is where cryptocurrencies and applications built on a blockchain enter. Direct peer-to-peer interactions on the web hold the promise of instantaneous settlement of funds and near-zero fees. Item ownership can be guaranteed using an NFT (non-fungible token), which could take the form of a piece of art, a digital collectible item, or a digital version of a real-world purchase, such as a pair of Nike (NYSE:NKE) sneakers you could also wear in the metaverse.
For now, though, the metaverse is largely the realm of the video game industry and other imaginative start-ups. It's worth noting that turmoil in the crypto space during the first half of 2022 has also cast a shadow on the metaverse and its viability as a fully fledged digital economy. Nevertheless, here are four early-stage projects to watch that are bridging the gap between cryptocurrencies and the metaverse.
The Sandbox (CRYPTO:SAND) is a user-created digital world in which users can create and sell digital content within the game. SAND is the in-game token that acts as a currency and is built atop the Ethereum blockchain network. These tokens can be bought and sold on a number of cryptocurrency exchanges. SAND can be used to purchase virtual land, buildings, accessories, and other items as NFTs.
Decentraland (CRYPTO:MANA) is another Ethereum network-based metaverse experience. Participants can use the native token MANA to purchase virtual land and develop it for games and other experiences, as well as for avatars and digital accessories. Decentraland is controlled by the Decentraland DAO (decentralized autonomous organization). Owners of MANA or virtual property in Decentraland can participate in the DAO and vote on initiatives and new development.
Think of Axie Infinity (CRYPTO:AXS) as an Ethereum blockchain-based version of Nintendo's (OTC:NTDOY) Pokémon franchise. Players train fantasy monsters called Axies and compete against other teams. Axie Infinity is a "play-to-earn" game, meaning participating can earn the player AXS tokens. The tokens can be spent on new Axies (which trade as NFTs), training existing Axies to improve their traits, and the upcoming launch of virtual land within the Axie Infinity universe. The most expensive Axie ever was bought for the equivalent of $820,000 of Ethereum (at the then-market price).
Crypto Baristas is an NFT project that aims to bridge the gap between the physical and virtual worlds. Owners of a Crypto Barista NFT character get access to a metaverse where other coffee enthusiasts can meet. But this is more than just a place to grab a virtual coffee. The project is also being used to fund an actual café in New York City called Coffee Bros., which will partner with coffee farmers around the world (the first being an established farmer in Honduras). At this point, this is a very new project that has only just recently released a white paper on how its tokens will work, but it's an example of how metaverses can also have real-world applications.  
This digital, 3D world can present real opportunity for investors.
Digital real estate is the technical term used to describe virtual property.
You can't live on virtual land, you can't farm it, and you can't mine it — but you might make a profit from it.
Read our expert Q&A about what you should know before investing in crypto.
Prices of some native tokens used in a metaverse have skyrocketed in recent years, attracting plenty of investor attention. However, bear in mind that investing in cryptocurrencies and tokens built on a blockchain network is highly speculative — and not just because they're new technologies.
Crypto coins and tokens used in the metaverse aren't businesses that generate revenue and profits. Instead, they're a type of digital currency that can be used to make purchases or participate in a metaverse. Therefore, their values are highly subjective and prone to wild swings in price. Individual stocks of businesses are very volatile, too, but investors can make assessments on their value with revenue and profit metrics — metrics that crypto investors do not have. This problem has led to some of the extreme volatility in the wider crypto universe in 2022. 
Nevertheless, early versions of the metaverse hold a lot of promise, especially for those interested in participating in them. Ownership of some cryptos grants the holder a voice in a DAO or other virtual project, and artists and other digital creators can have a new outlet for their business.
Tread lightly when it comes to investing in this space as it's moving fast and still under development. But the intersection between cryptocurrencies and the metaverse is worth keeping an eye on in the years ahead.
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