McCain Foods, the largest seller of ready-to-eat snacks, entered the growing world of the metaverse with a noble objective. The firm has initiated a #saveoursoil project which incorporates the introduction of Regen fries, a potato snack that is made using a regenerative farming method. They have collaborated with Roblox and NFT restaurant Bored and Hungry restaurant for the sustainable mission.    McCain Foods and their metaverse venture   McCain Foods debuts in the metaverse with a new product Regen Fries. They joined leagues with Bored and Hungry restaurant, which wi ..read more

Crypto scams are gradually gripping the emerging world of crypto and NFTs. In a cryptocurrency scam, a Chinese couple and a Sri Lankan con man looted almost 1400 crore from more than 8000 people. According to media reports, the trio has been alluring people to invest in a scheme and later disallowing them from withdrawing money. Though the government is taking adequate action, rising cases of scams worry investors who fear losing their hard-earned money.   Chinese couple and their tricky scam   The Chinese couple partnered with a Sri Lankan top con man to dupe people into P ..read more

Elon Musk, the world’s richest man, recently surprised people by taking over the social media platform Twitter in a $44bn deal. He announced the news by tweeting, “the bird is freed,” and claimed that the platform would see good times with this move. Since the takeover, CEO Parag Agrawal has been fired. Per reports, some executives, along with Mr Agrawal, were escorted out of the headquarters of Twitter in San Fransisco.    the bird is freed — Elon Musk (@elonmusk) October 28, 2022 Though Elon Musk has tweeted about his interest in buying Twitter for a long time, he finally achiev ..read more

Costa Rica is planning to integrate bitcoin into their economic system. Johana Obando, a congresswoman recently issued a bill about accepting cryptocurrencies as a mode of payment. The move didn’t surprise the citizens because the country has always acted as a crypto haven. Most of you may be unaware that Costa Rica is one of the countries which allow employers to pay salaries in cryptocurrency. Well, certain norms and restrictions surround accepting crypto as payment from employers.    Costa Rica adopts cryptocurrency   Costa Rica intends to modernize its economy by e ..read more

Twitter received applause from the crypto community with its announcement of allowing users to buy and sell NFTs through tweets. For this new initiative, the social media platform has joined leagues with four marketplaces, including Jump.trade, Magic Eden, Rarible and Dapper Labs. Isn’t it a piece of fantastic news?    Well, the integration is still under testing, and currently, the firm is focusing on the Solana-centric marketplace. This collaborative project is called NFT tweet tiles. It will showcase art pieces within a dedicated panel whereby users will find a button that takes t ..read more

Reliance Industries, the top telecom company, is determined to take a leap of faith in the metaverse. This historic move makes the firm the first Indian company to interact with its stakeholders using the metaverse. Metaverse is an emerging platform adopted by several businesses for connecting with customers in better and more innovative ways.    Mukesh Ambani’s new vision to grow Reliance   Looking at the growing prominence of the web3 space encouraged the entrepreneur Ambani to foray into the immersive world of the metaverse. Earning calls are integral to businesses ..read more

The central bank of Singapore is preparing to tighten its grip over crypto trading in the retail sector. According to the authorities, the use of digital currencies by retail investors can pose challenges, and they even call it unsuitable money. While briefing on their new initiative, the Monetary Authority of Singapore revealed plans to regulate cryptocurrency to safeguard investors.   Per reports central bank intends to minimize the risk consumers are exposed to when using the volatile currency for transactions. The legislation came into light with the publication of two consultation pa ..read more

Rishi Sunak made a historic win in the UK election and became the first Indian-origin Prime minister. He has always portrayed a positive outlook on crypto. During his tenure as a finance minister under Boris’s government, Sunak revealed his ardent desire to make the country a crypto hub. He made a great attempt at passing a bill on financial services and markets that could enable the crypto industry to soar high if it passed into law.    If you all remember, under his leadership, Royal mint, a coin producer, was tasked with creating an NFT collection yet to be released to the ge ..read more

Great news for bike lovers! TVS Motor Company launched Raider 125, a GenZ-inspired model built with SmartXconnectTM technology. The announcement excited the bike enthusiast; it’s indeed the best Diwali gift for the customers. Through metaverse, the brand wants to target the tech-savvy new generation who are too immersed in their tablets, phones and laptops that could hardly find any time to interact with the real world.   Launching their new technological powered model on metaverse indicates their desire to connect with younger age groups.    TVS Motoverse entices bike ..read more

The web3 platform is gradually becoming a foreground for creativity, technical revolutions and concepts which seems impossible to create in the real world. You might have enjoyed different art forms on the NFT platform, including music audio, GIFs, and images. However, Jeffery Delano Davis, a multimedia artist, created Decentralized a poem written in a web3 language.    It’s a beautiful concept whereby people can read a poem and view digital collectibles related to the poem.    Decentralized a poem surprises the NFT community   Will you meet me in the ..read more