Značka: Apple

Apple stock jumps after CEO reveals it's investing in the Metaverse

Apple’s stock price jumped in after hours trading after CEO Tim Cook said during the company’s Q1 2022 earnings call that he sees considerable potential in the Metaverse space.When asked on Jan. 27 during the call about Apple’s opportunities within the Metaverse, Cook responded “we see a lot of potential in this space and are investing accordingly.” “We’re always exploring new and emerging technologies and I’ve spoken at length about how it’s very interesting to us right now.”The Metaverse is an interoperable virtual universe created in part by users, offering socialization, gaming and even live concerts. Although it can be accessed with a browser, the experience is better with virtual reality (VR) or augmented reality (AR).APPL had dropped about 3% to $159.22 during regular trading hours, but has since jumped up 8% to $167.23 in after hours trading. The Metaverse was just one of the topics discussed on the call.Appleinsider reported that in the Jan. 27 call, Cook pointed out that Apple (APPL) already has a bevy of 14,000 apps on its App Store that have been designed using the AR developer platform ARKit. Apps designed using ARKit could help users gain access to the Metaverse.Whereas Meta has leaned toward using the Oculus headset to immerse users into the Metaverse, Apple is placing its bets so far on AR technology. An Apple headset was scheduled for release in 2022, but Bloomberg reported on Jan. 14 that it may be delayed due to hardware and software challenges.Despite Cook’s embrace of the Metaverse, the headset in development is believed to be focused on gaming, communication, and content consumption. So far, the largest company in the world by market cap is lagging behind other tech leaders like Meta and Microsoft, both of which are moving forward with public plans to develop in the Metaverse. Related: Meta poaches staff from Microsoft and Apple for metaverse plansMicrosoft recently purchased Activision Blizzard for $69B with the intention of expanding Metaverse gaming.

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Nifty News: Mike Tyson loves Solana, Aoki stops show to flaunt NFT, Apple and the 'AR Verse'

Mike Tyson is living the $DREAMBoxing icon Mike Tyson has stepped into the ring this week, after he shared his enthusiasm for Solana and unveiled a partnership with mental health-focused crypto project TheDreamChain ($DREAM). In the first round, Tyson — who previously launched an NFT project on Ethereum via OpenSea last year — tweeted on Jan. 13 that he was a born-again Solana (SOL) proponent while sharing a screenshot of a new NFT he’d snapped up from the Catalina Whale Mixer project. The Solana-based Catalina Whale Mixer NFTs currently have a floor price of 15 SOL ($2,200), and Tyson’s NFT depicts a whale version of himself wearing a world championship belt along with his famous face tattoo. All in on Solana… Just copped a Catalina Whale… pow pow! pic.twitter.com/97voS15B8y— Mike Tyson (@MikeTyson) January 12, 2022In round two later that day, the 55-year-old tweeted about either what appears to be a partnership or paid celebrity promotion with TheDreamChain. The token’s unusual selling point is that it’s just as difficult and limited to trade as a stock.“It’s the first of its kind that can only be traded during US stock market hours. Could revolutionize the space and help the mental health of the crypto community.”According to TheDreamChain’s website, its token $DREAM is only available for trade between the standard stock exchange hours of 9:30am to 4:pm, with the idea being that 24/7 trading is causing a mental health crisis amongst crypto traders. The project states that it will divert 0.5% of all transaction fees to its own foundation, which will donate funds to mental health charities or use the capital to sign partnerships with non-profit organizations. Apple looking at AR, not the MetaverseAmid a landrush from tech giants toward the Metaverse, Apple won’t be rushing in with its latest gadget according to Bloomberg’s Apple tech reporter Mark Gurman. Gurman shared snippets from the latest Q&A section of his paid consumer tech newsletter via Twitter on Jan. 10 regarding Apple’s upcoming virtual reality headset. He noted that: “Here’s one word I’d be shocked to hear on stage when Apple announced its headset: Metaverse.”“I’ve been told pretty directly that the idea of a completely virtual world where users can escape to — like the can in Meta Platfroms/Facebook’s vision of the future — is off-limits from Apple,” he added. According to Gurman’s understanding, current and former Apple execs such as Jony Ive have always envisioned the firm’s VR headset to be a device used in short “bursts” for gaming, content consumption and communication and not as part of a full-blown Metaverse experience. Instead, Apple is said to be eyeing the augmented reality space (AR) in which the user’s physical experience is enhanced with digital or virtual features via devices such as eye lenses, as they can be worn all day and don’t distract from the immediate environment. Lots of interest in my take on “Apple Reality” and the Metaverse https://t.co/ZmacFcOC9k pic.twitter.com/C4SNbFbULp— Mark Gurman (@markgurman) January 9, 2022

Artemis launches mobile-focused NFT social media platformHong Kong-based blockchain firm Artemis Market launched a new social media and NFT trading platform yesterday. According to a Jan. 13 announcement, the Solana-based platform has initially launched a desktop and mobile web version with limited functionality, and will be rolling out a mobile app and full social features in the near future. Artemis is hoping to attract new users with 0% transaction fees on trading until the end of February. We know all of you have been waiting for this day…And we are finally LAUNCHING NOWhttps://t.co/OBLamZSR18What’s more? ✨0% TRANSACTION FEE✨until end of Feb!Join us and start trading on Artemis NOW!#Solana #NFT #NFTlaunch #NFTmarketplace #SocialFi #ListAndEarn #0TxnFee— Artemis Market (@Artemis_Market) January 13, 2022

The firm stated that it was focused on building a one stop shop mobile platform to provide a user-friendly platform that can be accessed on the go, as it highlighted that the NFT sector currently lacks a “compelling user experience” despite its booming popularity. “We want our users to be able to conduct their whole NFT experience all in one app. From discovering and hanging out with creators, to collecting NFTs, to interacting, sharing and commenting with friends.”Related: China aims to separate NFTs from crypto via new blockchain infrastructureSteve Aoki stops live show to flaunt NFT acquisitionMillionaire DJ Steve Aoki abruptly stopped one of his live music events this week to flaunt a freshly acquired NFT that many of his fans could only dream to afford. Aoki tweeted a video on Jan. 12 sharing his glee at snapping an NFT from the Doodles collection accompanied by a caption that read: “Had to stop my show to celebrate my excitement on my doodle! Nfts make me feel like a kid again.”The Doodles project consists of 10,000 NFT avatars featuring art by popular Canadian artist Burnt Toast. The NFTs currently have a floor price of 11.75 Ether (ETH) worth roughly $38,300 at the time of writing.Aoki is a major NFT proponent with his fingers in multiple honey pots, and his latest behavior suggests early signs of a crippling NFT addiction.Other Nifty NewsA group of editors on Wikipedia voted against classifying NFTs as a form of art on Jan. 12, opting to exclude NFT art sales from the list of top art sales of living artists. They have agreed to re-open discussions at a later date however. U.S.-based music streaming platform LÜM is slated to relaunch as an NFT platform later this quarter. It is shifting its focus to musician-focused fan NFTs that enable users to support the artist of their choosing.

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Meta poaches staff from Microsoft and Apple for Metaverse plans

Employees from Microsoft and Apple are jumping ship to join Meta Platforms as the company sets its sights on creating the Metaverse. According to former employees of Microsoft quoted by the Wall Street Journal, around 100 people have ditched the tech giant’s augmented reality team over the past year to join Meta Platforms. They claim that Meta has been particularly focused on snapping up people who have worked on Microsoft’s HoloLens augmented reality (AR) headsets. According to the WSJ, Linkedin profiles show that more than 70 people who were part of Microsoft’s HoloLens team have left the project over the past year, with more than 40 of them taking on new positions at Meta. Microsoft’s first mover advantage in the AR space makes its employees valuable assets to Meta. Microsoft announced its HoloLens project more than five years ago in 2016, with the technology developing into one of the world’s most advanced headsets. Apple is attempting to counteract an employee exodus to Meta by offering lucrative stock options and bonuses worth between $50,000 and $180,000, according to a report by Bloomberg. In late Dec 2021, the company offered the bonuses to a group of engineers in silicon design, hardware and some software operations workers. Facebook’s push to become MetaMeta Platforms was formerly known as Facebook until a major rebranding exercise in Oct 2021, signalling the company’s growing ambitions beyond social media. Its virtual reality hardware business “Reality Labs” has been hard at work in the months since, successfully creating a prototype of its virtual reality “haptic gloves” in mid-Nov 2021. Announcing @Meta — the Facebook company’s new name. Meta is helping to build the metaverse, a place where we’ll play and connect in 3D. Welcome to the next chapter of social connection. pic.twitter.com/ywSJPLsCoD— Meta (@Meta) October 28, 2021Despite these early successes, the centralized Meta’s attempts to dominate the Metaverse has led to no shortage of criticism in the wider community, which includes leaders in the crypto, NFT, blockchain and GameFi spaces. Some crypto leaders such as Hodl Asset’s Jenny Ta have suggested that Mark Zuckerberg shouldn’t be the one to lead Facebook into the Metaverse at all, given his history regarding data mining, privacy and content policies. “In order for him to have a clean slate for Meta, he must step down and he must have a new CEO to run it,” she said in a November interview with Cointelegraph.Both Microsoft and Apple have had their sights set on the Metaverse for quite some time. In early Nov. 2021, Microsoft announced a slew of Teams updates and upgrades to its Xbox gaming console, along with a new product called “Dynamics 365 Connected Spaces.”The metaverse is here, and it’s not only transforming how we see the world but how we participate in it – from the factory floor to the meeting room. Take a look. pic.twitter.com/h5tsdYMXRD— Satya Nadella (@satyanadella) November 2, 2021

“The Metaverse enables us to embed computing into the real world and to embed the real world into computing,” Microsoft CEO Satya Nadella said at the time. “What’s most important is that we are able to bring our humanity with us, and choose how we want to experience this world.”

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New ProShares Metaverse ETF to track Apple, Meta, Nvidia

ProShares, the first company in the United States to launch a Bitcoin (BTC) exchange-traded fund (ETF), is diving into metaverse as it now plans to launch a new metaverse-focused ETF.ProShares on Tuesday filed with the U.S. Securities and Exchange Commission (SEC) for an ETF focused on metaverse, called the ProShares Metaverse Theme ETF.Subject to approval by the SEC, the proposed ETF will track the performance of the Solactive Metaverse Theme Index (SOMETAV), consisting of firms providing or using metaverse-related technologies, including data processing and metaverse devices, the ETF prospectus reads.The index includes U.S. companies that are listed on the New York Stock Exchange or The Nasdaq Stock Market and meets certain market capitalization and liquidity requirements, ProShares said. Electronics giants like Apple and Nvidia as well as social media like ​​Meta Platforms, or former Facebook, are reportedly among the index’s top components.ProShares’ metaverse ETF filing comes amid global companies increasingly venturing into the metaverse and nonfungible tokens (NFT) industry.On Nov. 29, two Canadian companies, Evolve Funds Group and Horizons ETFs Management, started trading their metaverse ETFs on the Toronto Stock Exchange. Similar to the ProShares Metaverse Theme ETF, the Horizons Global Metaverse Index ETF is tracking SOMETAV.Related: Virtual land in the metaverse dominated NFT sales over past weekMetaverse has been increasingly emerging as one of the biggest technology trends in 2021 amid Facebook officially announcing its metaverse strategy by rebranding its product to Meta in October. The concept of the Metaverse is based on an online virtual environment featuring a broad range of functions like communicating, gaming, trading digital collectibles and NFTs, attending events and others, facilitated via common devices or virtual and augmented reality headsets.According to a study by Reports and Data, the global metaverse market was worth $48 billion in 2020 and is expected to reach $872 billion in 2028, posting a revenue at the compound annual growth rate of 44%.

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Nifty News: The Red Ape Family show, Mini Royale on Solana and The Weeknd’s NFT collection

Catch up on nonfungible token (NFT)-related news this week as Cointelegraph rounds up the stories you don’t want to miss. Bored Apes gets cast in an TV seriesThe Red Ape Family (TRAF) is a new animated comedy series centered on Bored Ape Yacht Club (BAYC) NFTs. Episodes are sold as individual NFTs and run between 5 to 10 minutes long. The plot is about a family of Bored Apes that escape Earth to live on Mars.OpenSea is already reselling Episode 1 and the yet-to-be-released Episode 2 is available to mint. One Episode 1 token holder received a Bored Ape, three token holders won two Mutant Apes, and others were airdropped a poster, gravity sneakers and a discount to mint Episode 2.The cast, made up mostly of Bored Apes, will also include Mutant Apes, the Bored Ape Kennel Club, Coolcats, Craniums and Lions. Rapper 2 Chainz is an executive producer. The first episode is available on YouTube:[embedded content]The Weeknd drops animated NFT collection on AutographThe Weeknd’s “Blinding Lights” song became the No. 1 song on Billboard’s Greatest Songs of All Time Hot 100 Chart and to mark the milestone, the artist and Billboard released a series of NFTs this week.The seven-piece NFT collection includes a one-to-one NFT featuring The Weeknd’s November 2021 Billboard cover, as well as three trading cards, each in two editions, inspired by the “Blinding Lights” music video. Each piece is signed by The Weeknd.Fans can purchase these NFTs on Tom Brady’s Autograph marketplace.”Blinding Lights” is officially the #1 Hot 100 song – of all time. In celebration, we’ve partnered with @theweeknd and @billboard on a limited-edition, hand-signed collection exclusively on @opensea. Auction starts today, December 20 at 5pm ET. https://t.co/JV54p3RSvR pic.twitter.com/PMLWsUYvAN— Autograph (@Autograph) December 20, 2021Related: Ubisoft pursues NFT initiative with Aleph.im following fan backlashMini Royale game adds 2M playersMini Royale: Nations, a web-based first-person shooter, became the first live multiplayer game to run on Solana after existing as a blockchain-integration-free game for months. Following the launch of its first in-game NFT items, the number of active players has doubled.On Dec 16, 2021, Mini Royale: Nations became the first live multiplayer game on @solana pic.twitter.com/WnTO8tGQnX— Mini Royale: Nations (@MiniNations) December 16, 2021

However, Mini Royale is not a play-to-earn game. An NFT acts as an in-game avatar and owners can receive benefits, including the game’s upcoming CHEDDAR token. So far, Mini Royale NFTs have sold for 17,637 SOL, worth roughly $3.2 million, on the Magic Eden market place. RadioShack makes a comeback in cryptoAfter filing for bankruptcy twice in 2015 and in 2017, the century-old former electronics retailer is planning to launch the RADIO token as part of “RadioShack DeFi” that will enable users to trade tokens via the Atlas USV protocol. Atlas USV is a project that is attempting to build a universal base layer for the DeFi sector.Are you ready? https://t.co/gXXKXc1UT2#RadioShack #Blockchain #Cryptocurrency pic.twitter.com/rXT3HvGli1— RadioShack (@RadioShack) December 19, 2021

According to its proposal, RadioShack’s new mission is “to be the first protocol to bridge the gap in mainstream usage of DeFi.” By targeting “blue-chip, large corporations” and aiding their transformation into blockchain companies, RadioShack wants to educate CEOs and an older generation of crypto users.Related: 3 embroidery artists weave NFT charity drop to help victims of human traffickingOther Nifty NewsAs the year draws to an end, Cointelegraph rounded up the top ten NFT projects of 2021 based on trading volume and communities.For a more in-depth look at the prices behind the top collections, the Cointelegraph Research team released an 80-page report on NFTs. It found that the CryptoPunks collection has had the highest return for collectors since 2017, while Bored Ape Yacht Club has had the highest return for collectors in 2021.

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First Wikipedia edit NFT sells at Christie’s for $750K

After celebrating its 20th anniversary in January, the free Internet encyclopedia Wikipedia continues making history by selling its first nonfungible token (NFT) via auction giant Christie’s.On Dec. 15, Christie’s completed an auction of two Wikipedia-related objects directly from Wikipedia co-founder Jimmy Wales.Titled The Birth of Wikipedia, the online sale included two lots, an NFT of Wikipedia’s first edit, which sold for $750,000, and a Strawberry iMac used by Wales to create Wikipedia, sold for $187,500.Source: Christie’sThe NFT lot features the first message posted on Wikipedia by the site’s co-founder back in 2001, marking a unique moment in the history of the internet: Wales typed the words “Hello, World!” after launching the site on Jan. 15, 2001.The NFT preserves the layout of the Wikipedia home page in 2001, based on the earliest surviving source code. The NFT also has a feature that allows the owner to edit the page, which can be reset with a timer to revert to its original state.Christie’s senior specialist Peter Klarnet said that the auction’s result “underscores the burgeoning interest in the history of the internet among collectors.” According to the auction house, ​​Wikipedia will use a part of the sale proceeds to support Wales’ alternative social media network pilot project WT.Social.Related: Sotheby’s Metaverse announces latest and largest NFT charity auctionOne of the world’s largest auction houses, Christie’s moved into the NFT industry in early 2021, announcing the auction of its first-ever “purely digital work of art” by digital artist Beeple in February. Beeple’s NFT piece “Everydays: The First 5000 Days” sold for more than $69 million in March, emerging as one of the world’s most expensive NFTs.

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NFT music platforms to disrupt Spotify in 2022, Saxo Bank predicts

As popular music streaming services like Spotify cut much of musicians’ revenues, new technologies like nonfungible tokens (NFTs) are likely to help artists grab back their fair share, Saxo Bank predicted.According to one of Saxo Bank’s Outrageous Predictions 2022: Revolution, music creators would benefit from NFT-based streaming platforms as they allow distributing music directly to listeners without centralized middlemen charging a fee. Saxo Bank’s cryptocurrency analyst Mads Eberhardt argued that mainstream music streaming platforms like Spotify and Apple Music take a substantial cut, which together with the cut paid to labels is some 75% or more of the total revenue.“These models don’t guide individual subscribers’ fees to the actual music an individual subscriber listens to,” Eberhardt stated, adding:“The use case for NFTs could prove particularly compelling in the next step for the technology for content generators in the music industry as musicians feel unfairly treated by the revenue sharing models of the current streaming platforms like Spotify and Apple Music.”The analyst noted that NFT-based music streaming projects are likely to start kicking off in 2022, including initiatives like Audius, a blockchain music platform backed by Katy Perry, The Chainsmokers and Jason Derulo. Based on blockchain, the Audius platform is a decentralized music-sharing and streaming protocol designed to cut out the middleman from the music industry and allow fans and creators to interact with each other directly.In contrast, the future of traditional streaming platforms like Spotify is “bleak,” according to Saxo Bank. The company predicted that Spotify shares would tumble 33% in 2022. SPOT has already been dropping in 2021: starting the year around $300, Spotify shares dropped to as low as $204 in August, according to data from TradingView. At the time of writing, SPOT is trading at $229.In the meantime, Spotify’s revenues have been steadily growing over time, reflecting much potential for NFT-based music platforms to disrupt. According to Spotify’s official 2020 financial results, the company generated 7.85 billion euro ($9.5 billion) revenue last year, a 16% increase from 2019. Spotify’s financials continued growing in 2021, with the total amount of monthly active users surging 19% year-on-year to 381 million in Q3 2021.Source: Business of AppsRelated: NFT music marketplace Royal raises $55M in Series A roundAs previously reported, Spotify has been paying attention to the cryptocurrency industry, looking for talent with a crypto background in late 2020. The firm is also well aware of the rise of NFTs as it mentioned NFTs in its Spotify Wrapped 2021 compiled for users on Dec. 1, 2021.I will say I was not expecting to see an NFT reference in my Spotify Wrapped today but here we are pic.twitter.com/KnpwrR90Y4— Meghan Bobrowsky (@MeghanBobrowsky) December 1, 2021Spotify did not immediately respond to Cointelegraph’s request for comment.

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