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The Museum of Modern Art could pilot NFT Memberships. Also explore the SHIB metaverse
As the internet advances to the next stage, the decentralized version, demand for Web3 talent is increasing. We have got exciting news for those looking for fascinating Web3 job opportunities! The Museum of Modern Art is looking for a one-year Web3 Associate to help it expand its Web3, NFT, and digital communities initiatives. The associate will be working in collaboration with functional areas such as curatorial, membership, retail, learning and engagement, social media, and technology. It sounds like a lot of fun!
The world is excited about the metaverse and how it's gonna change our lives forever. Everyone is gearing up for the second life that allows users to interact with each other, do business and much more within the virtual world by creating a digital replica of the real world. It has the power to change the way we learn, work, and play.
Now, Shiba Inu made a huge announcement that enthralled the entire crypto community! The iconic meme coin declared the launch of its own metaverse, named SHIB: the metaverse, on its official Medium page.
Shiba Inu delivered on previous promises that something huge would happen on March 30. Many people had speculations about the highly anticipated major surprise, and it turned out to be a metaverse. Let's see what's all the fuss about now.
What is SHIB: The Metaverse?
The developer Eric M describes SHIB: the metaverse as "a place where our community, tokens, game, ShibaSwap and way more are going to meet together." It's a metaverse space dedicated to the Shiba Inu ecosystem. The Shiba Inu team announced a new portal to the SHIB Metaverse in a blog post, which will be available soon at the new SHIB.io domain. SHIB.io will also serve as the project's official website.
SHIB's new metaverse venture is apparently inspired by Decentraland and will compete with the browser-based 3D virtual world platform. A sum of 100,595 plots of land will be available for purchase in the metaverse. All of these will be recorded on the metaverse map with Shiba-related street names.
The distribution of land parcels will be done in phases. The first phase will allow users to choose from 36,431 plots divided into four categories: Silver Fur, Gold Tail, Platinum Paw, and Diamond Teeth, with costs ranging from 0.2 to 1 ETH. The team has chosen to use a neutral cryptocurrency as a land price token to ensure that Shiba native currencies are not at risk.
To participate in the three-day bid event, participants must lock their Doge Killer (LEASH) tokens Shiboshis NFTs. Holders will also be eligible to participate in the sale's seven-day stage. After the two initial stages are completed, the remaining land plots will be available for public sale.
Shibarium, a layer 2 or companion system for SHIB, will be used to develop the metaverse. Developers claimed that once further phases are released, the rest of the SHIB ecosystem coins, such as LEASH and BONE, would play a role, with LEASH holders being able to acquire lands in subsequent stages.
The team claims that buying the land will provide them with a source of passive income and rewards. Some of the benefits that landowners can obtain will be revealed in the near future.
This plan makes sense and is needed right now, according to the SHIB team, because SHIB is already in a tough spot despite the broader market rally. However, we do not know if the investors are overjoyed with the choice. The meme coin has only gained 28.56 per cent in the last few days, which is in contrast to SHIB's reputation for rallies. Meanwhile, the meme cryptocurrency's official Twitter account has hit three million followers.
The fact that Shiba Inu has a strong community is one of the key reasons for its widespread adoption; the coin's success is primarily dependent on the expansion of the community. This metaverse plan will aid in the development of significant utility for the coin. Anyway, we're excited to see how the team implements their metaverse strategy and what else is upcoming.
Rising Ethereum NFT Project Azuki Notches First $1M Sale.
Azuki, the most popular NFT project in terms of overall trading volume since its launch in 2022, has reached a new milestone. Late last night, the Ethereum-based profile picture project, which launched in January, had its first secondary sale surpass $1 million (in USD). It is a 10,000-avatar profile picture project featuring a randomised set of attributes and graphic features for each avatar. In that sense, it's akin to projects like the Bored Ape Yacht Club and CryptoPunks, albeit with a more anime-inspired design.
Azuki #9605 (second-rarest NFT in the whole collection )was sold on the OpenSea marketplace for 420.69 ETH or $1.42 million at the sale. The previous record sale for the project was Azuki #4666 for 204 ETH on February 13, worth around $586,000.
Chiru Labs created Azuki, a pseudonymous four-person team of builders that claim to include former Facebook and Google employees and past business entrepreneurs who went through the Y Combinator accelerator programme.
The project's creators are considering further growth along the lines of the Bored Ape Yacht Club, which might include the distribution of unique products for holders, the creation of a metaverse, and the creation of an ApeCoin-like ecosystem currency called BEAN.
Solana Surges as NFT Trading Rises 80% Following OpenSea Reveal
Following months of speculation, prominent NFT marketplace OpenSea recently confirmed that it would support NFTs created on the Solana blockchain. Following the news, Solana (SOL) has gained over 12%, bringing its price to over $124. That's a 36 per cent spike from a week ago, and Solana has been at its peak level since January 21.
As a result, NFT trading volume on other established Solana marketplaces, such as Magic Eden, has skyrocketed in the last day. Solana NFT trade volume has increased by more than 80% over the previous 24 hours, according to CryptoSlam. The top profile picture collection, Solana Monkey Business is getting the lion's share of increased attention, generating over $2 million in volume over the last 24 hours.
The upcoming addition of Solana NFTs to OpenSea could broaden the market, and the Twitter conversation implies that existing Solana collectors and NFT buyers from other parts of the ecosystem are excited about the announcement.
Some Ethereum whales are now pouring money into the Solana NFT market, including one Ethereum NFT collector who said he was investing $180,000 in SOL to "sweep" various project floors or purchase the cheapest available NFTs for some Solana NFT collections.