Blockchain
ZOAN Reveals Photorealistic Metaverse Cornerstone.land, Announces Largest NFT Land Sale at €100 Million
ZOAN, a leading global VR studio, today announced the upcoming launch of Cornerstone.land, a photorealistic metaverse experience featuring a volcanic island sold exclusively through the FUNGI platform as NFTs. A total of 100 virtual land parcels will be available for sale over the course of Q1, ranging in price from €10,000 to more than €20 million, making Cornerstone.land one of the most valuable land sales in the metaverse to date. The first land drop will be available for purchase starting January 31 at http://fun.gi/. Visitors can sign up for alerts on land drops at https://cornerstone.land/.
As virtual real estate in the metaverse has become more pervasive, open digital worlds like Decentraland, The Sandbox, CryptoVoxels and Somnium Space have attracted investors and driven millions in land sales. At the same time, businesses and individuals seeking more exclusivity can now turn to Cornerstone.land, which offers custom avatars, exclusive buildings, private NFT galleries and more. The photorealistic escape of Cornerstone.land is the perfect place for artists, brands, and creators to showcase their work, collaborate or entertain in a more exclusive environment.
“Cornerstone.land is a passion project we’ve been dreaming up for years. It all started with the idea to build our virtual office and since then it’s grown into the creation of a whole land drop powered by blockchain technology,” said Miikka Rosendahl, CEO of ZOAN. “In Cornerstone.land, you can truly escape from reality. The raw beauty of the island is something that has never been seen before – it’s like starring in a Hollywood Sci-Fi movie, except you get to decide the plot.”
Cornerstone.land is divided into 100 regions of soil, where each region is unique in terrain, geography, and shape. Once land ownership is 100% complete in Q1, the Cornerstone volcano will erupt, growing each region exponentially. Landowners (“Cornerstonians”) receive building credits to design a metaverse experience that best suits their needs. ZOAN provides an experienced 3D specialist that completes the building process. Anything that’s built can be resold to other Cornerstonians. Building materials and construction credits can also be resold within the community. Even guest invitations can be sold to other Cornerstonians.
The Cornerstone.land 3D metaverse is being built with the Unreal Engine, which allows real-time rendering of high-quality graphics. Cornerstone.land plots are stored on the Ethereum blockchain as NFTs, specifically ERC-721 tokens. Users can easily verify the ownership and transaction history of each NFT. Each piece of land is unique and digitally certified by the Ethereum smart contracts.
For more information about Cornerstone.land, visit https://cornerstone.land/.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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