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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Upland’s experimental collaboration with the artificial intelligence (AI) startup Kaedim has proven to be more fruitful, with the metaverse platform seeing a 70% increase in 3D asset production speeds.  It’s an outcome that will enable Upland to populate its immersive virtual world more rapidly while accelerating its pace of innovation.  You might also like: Upland teams up with NFLPA to enhance NFL metaverse experience The partnership represents another key evolution for Upland, which began as a fairly simple, blockchain-based virtual property trading game. With Upland, players can buy, sell, and trade virtual properties mapped to real-world locations while engaging in an economy that caters to entrepreneurs, content creators, and gamers alike.  The concept has caught on, with Upland s...

The value of popular NFTs has sharply declined over the past year, with drops of up to 95%. In this week’s newsletter, read about some of the most popular nonfungible token (NFT) collections and top metaverse properties taking massive price hits in 2023. Check out how the Hong Kong Police Force launched its own metaverse platform, and how Reddit’s digital collectibles have managed to onboard almost 10 million users to the crypto and NFT space. In other news, infamous crypto hater Peter Schiff has launched his own NFT collection on Bitcoin Ordinals.  Popular NFT collections take massive price hit in 2023 The value of popular NFTs from 2022 has plummeted over the past year. NFTs like Doodles, Invisible Friends, Moonbirds and Goblintown have seen their Ether (ETH) value drop by as much as 95%, while even blue-chip NFT collections have experienced an average decrease of over 40%. Despite these losses, NFT investors remain undeterred. The number of blue-chip NFT holders has increased ...

Cointelegraph went to the NFT.NYC event in New York and learned how industry leaders feel about the state of play-to-earn gaming. In this week’s newsletter, read about how Mastercard launched an accelerator program for musicians powered by nonfungible tokens (NFTs), and how online safety groups urged Meta to refrain from allowing minors into its new metaverse. Check out what happens to NFTs when a collector dies, and, in other news, find out how publishers are looking for alternatives to play-to-earn gaming. And don’t forget this week’s Nifty News, featuring Bitcoin (BTC) miners earning from Ordinals and Reddit facing backlash for Gen 3 avatars.  Mastercard launches NFT-gated musician accelerator program Payment processing company Mastercard announced an artist accelerator program with a Web3 twist. The program aims to help musicians by giving them access to artificial intelligence tools and other experiences. However, it will only be accessible to those with the limited-edition Maste...

Web3 opens the door for fans to connect with their favorite artists in a setting, slightly more impressive than an early 2000s chatroom. It is without question that Music is a powerful medium with the ability to evoke strong emotions and serve as a way for people to connect with each other in large communities. For many, Music serves as a source of inspiration, comfort and escape from the challenges of everyday life. For others, Music is a medium for reflection and provides the opportunity to speak to social and cultural issues, allowing fans to feel a sense of belonging and identification with the messages expressed in a song. The resulting emotional connection to music can lead to the creation of impressive fandoms, as fans build deep connections to the artists and their music. Fans show their support and appreciation through various forms of expression, such as attending concerts, purchasing merchandise or participating in online communities. In the past, fans could only interact w...