This week has been a busy one for the metaverse and NFT market.
There have been many headline-making news stories from a variety of industries, indicating technology’s increasing popularity.
In this post, we’ve gathered the five most recent NFT and metaverse-related news stories to keep you up to date.
Here’s a summary.
1. Bangalore International Airport Enters the Metaverse with a Virtual Terminal
Bangalore International Airport Limited (BIAL) announced its entry into the metaverse with the opening of ‘BLR Metaport.’
BLR Metaport, created in collaboration with Amazon Web Services (AWS) and Polygon, allows users to explore the airport’s T2 in the metaverse, making it the first of its kind in the world.
Visitors will be able to tour the terminal, check into flights, and participate in various social activities, such as interacting with other travelers in the metaverse space.
2. Basketball Player Scottie Pippen Joins Web3 with NFT Sneaker Collection
Scottie Pippen made his Web3 debut with the launch of a sneaker non-fungible token (NFT) collection in collaboration with Web3 company Orange Comet.
The collection, which includes 1,000 limited-edition Ethereum-based virtual sneakers, intends to celebrate Scottie’s career as a basketball player, from his early days as a player to his renowned days with the Chicago Bulls.
3. Renault Unveils Its “genR5” NFT Collection
Renault launched its inaugural NFT collection, which was inspired by the famous Renault 5. The “genR5” collection comprises 1,972 NFTs, with the number referring to the year the Renault 5 first hit the market.
Each NFT features one of the four Renault 5 models – electric, Turbo, Le Car Van, and TL – in a 9-second video with a distinctive cover and sound animation.
4. Donald Trump Releases NFT Collection of Himself
Donald Trump, the former President of the United States, introduced his first NFT collection. The collection contains NFT trading cards with images of himself in various contexts, which he describes as little snapshots of his life and career.
Each NFT includes the opportunity to win thousands of prizes and even meet the President in person or through Zoom call.
5. Warner Music Group Invests in Metaverse Fashion Retailer DRESSX
WMG announced a partnership with and investment in metaverse fashion retail company DRESSX.
Using cutting-edge technologies such as augmented reality (AR), machine learning, and blockchain, selected WMG artists will be able to use the DRESSX platform to create their own 3D digital fashion collections.
When the fashion items are completed, fans may collect and enjoy them on Instagram, Snapchat, and other platforms, such as dating apps, games, and video calls.