What’s New in NFT and WEB3.0, Web5, June 2022?

Hello Folks, This morning I have gone through some amazing new updates on Web3 and the NFT area. I thought of sharing my views with you.  Do share with friends if you believe they should know it too. 

• NFT Tickets 

• Short Games on Web3

• Instagram to Start with NFT 

• Web5.0

• Move to Earn

NFT Ticket: Will this be an advantage to the event management and ticketing industry?

NFT Ticket is a digital token that may be collected and treated as an entry pass. This pass can be used even after the event is over and can be traded on marketplaces, just like the NFTs.

The project Metascreen, a selected NFT commerce platform for promoting innovative NFTs like movie tickets, has been launched by SquirrelVerse, a Metaverse startup company. 

'Mithila Makhaan,' a national award-winning film, will be the first Indian film to be shown on Metascreen with NFT as a movie ticket.

Short Games On Web3.0 Play-to-Earn

Short games that respect your time and attention span are the best. A tiny enjoyable game where you can play as a fly like puzzle games, racing games, simulation, etc.

I bet you have played any of these games, haven’t you? What if I say you can earn while playing games?

Yes, you read it right, recently I found the platform, where you can earn crypto tokens by playing some amazing puzzle games.

GameInfinity is a Web3 gaming platform where users can play games and earn GAMEIN tokens (the native currency of GameInfinity).

The platform is now live with two amazing tiles games 2048 and Hextris game and constantly expanding by introducing new games to the platform. 

With 20000+ verified users, it has completed 60000+ sessions in 2048 and Hextris is rewarding all the winners with GAMEIN.

Currently, they are running a first Web3 contest of 2048 game with a prize pool of $200, you can participate from here www.gameinfinity.io

Instagram To start testing NFT: Are NFT’s coming on Instagram?

Instagram's CEO, Adam Mosseri, stated that the site would begin testing NFTs with a few selected creators in the US. There would be no expenses related with uploading or sharing a digital collectible on Instagram, according to Mosseri.

NFTs presented on the platform will have a special shimmer aesthetic approach, as well as the data will be acknowledged to both the inventor and the owner of the NFT. 

These NFTs may be shared across your regular Instagram feed, Stories, or messaging.

The press materials given by Meta's communications team also revealed some details on the NFT features that would be available on Instagram.

NFTs on Instagram

Move To Earn?

Move to Earn is the next craze in the crypto market after play-to-earn, M2E (Move to Earn) rewards users with crypto just for working out.

One way to get more people to move and improve their health instead of lying on the bed, riding a motor vehicle, or sitting on a chair is by paying them to do so.

To track the activity and reward the user Move to Earn games uses Steps counter, AR ( Augmented reality, GPS etc..

Top Move To Earn Games:

1. MetaGym

2. STEPN

3. Dotmoovs

4. Sweat Coin

5. Step

The concept of getting paid just to jog, walk and run can attract enormous users, but there is much work left to do in this industry.

Web 5, where is Web 4?

Former CEO of Twitter Jack Dorsey, announces a new decentralized platform called ‘Web 5’ to be built on the Bitcoin blockchain.

The Web5 will be developed by The Block Head (TBH), one of the Bitcoin business units by Jack Dorsey called ‘Block’.

The platform promises to bring Decentralized Identity (DID) and data storage for the individual’s application.

Where is Web 4?

Introducing Web 5 after the Web3.0 instead of Web 4 can be a marketing strategy, which was used by Apple when the company launched iPhone 10 after the model 8 skipped the iPhone 9.

What do you think about this?