Visa NFT Auction, Stepn Marketplace, EY Metaverse, & Reddit Avatars
Yesterday’s Market Moves
BTC
S&P
WTI
21,047.60 |
+ 1.56%
3,900.11 |
- 0.30%
111.29 |
+ 1.57%
Amidst a brief rally in the wider crypto market, NFTs are picking up some steam! As Reddit’s bull run continues, Visa, Twitter, and EY are delving ever deeper into Web 3. Asides this, there are new developments from the likes of Metamask, Opensea, Stepn, & a host of countries!
Read the full issue to find out
Markets

During the month of October, the top five NFT marketplaces surpassed the $40 billion mark, in terms of all-time sales, with approximately $41.36 billion on Oct. 29, 2022. The largest NFT marketplace in terms of sales was Opensea as it nears the $33 billion range with $32.76 billion recorded on Saturday.

Data suggests that the $32.76 billion in sales were executed by $2.34 million traders. On Saturday, Oct. 29, the average price paid for an NFT via Opensea is around $352. Opensea is followed by the Axie Marketplace ($4.26B), Magic Eden ($1.83B), Looksrare ($1.62B), and X2Y2 ($891M).

Reddit has continued its incredible run, as its NFTs (digital collectible avatars) rallied to a cumulative sales volume of $10 million on October 31, barely three months after its launch 🤯🚀. The rapid rise in sales volume comes following the platform’s launch of its second series of Reddit collectibles avatars on October 20.

In Other News,
No items found.
Headline
Visa unveils world cup NFT auction on Crypto.com

Visa, the official payment technology partner of FIFA, has announced the launch of a series of unique digital collectibles representing iconic goals from five legendary footballers. The Visa Masters of Movement NFTs are now available on Crypto.com, which is FIFA’s official crypto trading platform sponsor.

The auction comes ahead of the 2022 World Cup, which will be held between Nov. 20 and Dec. 18 this year. The experience will come to life later this month on an interactive pitch at the FIFA Fan Festival in Doha, where fans will be also offered an opportunity to create digital art inspired by their signature movements and mint it into their own NFT, a press release detailed.

Commenting on the initiative, Senior Vice President and Head of Sponsorships at Visa Andrea Fairchild stated: “As FIFA World Cup 2022 approaches, we want to celebrate football, art and technology through the lens of what makes the FIFA World Cup so special — wildly impassioned fans, legendary athletes and for a few short weeks, the ability to bring the world together in a uniquely connected way.”

In other headlines,

  • MetaMask rolls out NFT portfolio value tracker with new partnership. Read More
  • Ripple CTO Declares NFT Revolution on XRP Ledger. Read More
  • Twitter Will Allow Users to Buy and Sell NFTs Through Tweets. Read More
  • Hong Kong Launches Proof-of-Concept NFT for Fintech Week. Read More
  • Swiss Digital Asset Bank Sygnum Launches NFT Issuance, Consulting and Custody Services. Read More
In Other News,
No items found.
Sponsored
Join us at the 2022 WOW Summit!

Crypto Rebel is a proud media partner of this year's World Of Web 3 (WOW) Summit in Lisbon!

World of Web3 is the most striking event to learn about Blockchain, AI, DeFi, NFTs, and Metaverses. This Summit connects global NFT and DeFi leaders with international businesses, government authorities, tech visionaries, investors, and developers!

Our CEO Mik Mironov is set to speak alongside a host of top web 3 stakeholders. Be sure to join us on the 1st - 3rd of November, 2022!

Sign up for the WOW Summit
In Other News,
No items found.
Metaverse
EY takes wavespace utility to the metaverse

Ernst & Young LLP (EY), one of the big four companies in accounting, announced recently that it would integrate metaverse capabilities into EY wavespace, a team collaboration tool.

The company aims to improve the level of engagement and the quality of communication among company employees and teams using the application, which will now allow users to interact with others on an immersive level. EY wavespace will now include features for users to communicate in various modes: in-person, virtual, hybrid, and now in the metaverse, allowing its customers to take advantage of these interactions.

To EY, adding such functionalities to its products is part of satisfying the interest many of its customers from all sectors and industries have in the metaverse. Edwina Fitzmaurice, EY global chief customer success officer, stated: “At this stage, the metaverse is about creativity and opportunity, not certainty, and I am excited for EY teams to continue shaping a road map for how clients can anticipate and transform for this next frontier of human experience.”

In other news,

  • Ralph Lauren Partners with Fortnite. Read More
  • Gucci Expands Web3 Strategy With a Metaverse Hub on The Sandbox. Read More
  • Norway Establishes Metaverse Tax Office in Decentraland. Read More
  • Steph Curry files a trademark for the Curryverse, where players earn NFTs. Read More
  • Warner Bros Discovery Sports Jumps on the Metaverse Train with Infinite Reality. Read More
In Other News,
No items found.
Quiz Answer
Read more like this
Pearpop's $300M Round, Game7's $100m Grant, Sotheby's Metaversity
Published:
Friday
,
30
/
11
/
2022
The NFT space is proving to be a resilient shining light amidst the larger market’s turmoil. 💪💯 Today’s issue features bullish moves from a web3 social media platform, a web3 gaming accelerator, a famed art house and a leading NFT studio!
Read More
Magic Eden x Polygon, Mattel Marketplace, The Sandbox Sale, & GTA's NFT Ban
Published:
Friday
,
23
/
11
/
2022
In the midst of bearish sentiments in the wider markets, NFTs are bucking this trend! There are new big winners and losers in the market, while there is yet to be a consensus on the issue of royalties.
Read More
Nike's Swoosh, Royal Family's Metaverse, Ronaldo's NFTs, Playstation
Published:
Friday
,
16
/
11
/
2022
NFT degens remain diamond hands, even in the midst of crisis. Thankfully, this has proven to be true in the post-FTX market! This week, we have huge brands such as the Duke & Duchess of Essex, Cristiano Ronaldo, and Nike showing how bullish they are on this space!
Read More
Pearpop's $300M Round, Game7's $100m Grant, Sotheby's Metaversity
Published:
Friday
,
30
/
11
/
2022
The NFT space is proving to be a resilient shining light amidst the larger market’s turmoil. 💪💯 Today’s issue features bullish moves from a web3 social media platform, a web3 gaming accelerator, a famed art house and a leading NFT studio!
Read More
Magic Eden x Polygon, Mattel Marketplace, The Sandbox Sale, & GTA's NFT Ban
Published:
Friday
,
23
/
11
/
2022
In the midst of bearish sentiments in the wider markets, NFTs are bucking this trend! There are new big winners and losers in the market, while there is yet to be a consensus on the issue of royalties.
Read More
Pearpop's $300M Round, Game7's $100m Grant, Sotheby's Metaversity
Published:
Friday
,
30
/
11
/
2022
The NFT space is proving to be a resilient shining light amidst the larger market’s turmoil. 💪💯 Today’s issue features bullish moves from a web3 social media platform, a web3 gaming accelerator, a famed art house and a leading NFT studio!
Read More
Magic Eden x Polygon, Mattel Marketplace, The Sandbox Sale, & GTA's NFT Ban
Published:
Friday
,
23
/
11
/
2022
In the midst of bearish sentiments in the wider markets, NFTs are bucking this trend! There are new big winners and losers in the market, while there is yet to be a consensus on the issue of royalties.
Read More
Nike's Swoosh, Royal Family's Metaverse, Ronaldo's NFTs, Playstation
Published:
Friday
,
16
/
11
/
2022
NFT degens remain diamond hands, even in the midst of crisis. Thankfully, this has proven to be true in the post-FTX market! This week, we have huge brands such as the Duke & Duchess of Essex, Cristiano Ronaldo, and Nike showing how bullish they are on this space!
Read More