News Report

Metaverse Update for July 20: Snapshot announces its new shielded voting function; Cadbury is gearing up to issue a charitable NFT.

Let’s take a closer look at the most recent happenings in the metaverse.

The Metaverse Daily for July 6, 2022
  • In the latest DeFi news, the Metaverse Index has made significant gains, climbing 8.15%, with the token currently priced at $46.41. Over the past week, MVI has appreciated by around $12. Additionally, the Bluechip NFT Index has also seen a rise, increasing from 37.85 ETH to 47.08 ETH in just 24 hours. Similarly, the Metaverse Land Index has experienced an uptick and is now trading at 2.13 ETH.
  • Bitcoin is witnessing an upward trend, currently trading near $23,800. Meanwhile, the popular meme-coin, Dogecoin (DOGE), has surged by 9.37%, making it one of today's biggest gainers. Other metaverse-related coins are also performing well, with Flow and ApeCoin appreciating by 7.06% and 10.88%, respectively.
  • Snapshot has just rolled out a cutting-edge shielded voting feature aimed at enhancing decentralization within DAO governance and encouraging participation from those who typically have less voting influence. This new tool will keep real-time results confidential, only disclosing the total voter turnout until the voting period concludes.
  • Zebedee, a Bitcoin-powered gaming platform, has secured $35 million in funding from Kingsway Capital, along with investments from notable entities such as Square Enix, the company behind Final Fantasy.
  • Azuki has launched fashionable jackets inspired by the Azuki Twin Tigers NFT. Fans have a 30-day window to snag these stylish jackets, priced at $2,000, which are available at no additional cost.
  • Cadbury Gems has made headlines with plans to unveil a new initiative where they transform children's artwork into NFTs to fund educational opportunities for underprivileged kids in India. charity NFT collection Metaverse Update for July 19: Users on Premint faced hacks; Meta collaborates with DressX.

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Disclaimer

In line with the Trust Project guidelines Karolina is a talented writer and journalist with a strong foundation in literary studies. She has a passion for groundbreaking technology and art, often finding NFTs to be a delightful blend of the two. Beyond her professional life, she enjoys nurturing plants, exploring vintage fashion, and indulging in gaming.

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