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MetaJuice Announces NFT Marketplace in IMVU Metaverse

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MetaJuice, the company unlocking the metaverse by building blockchain-driven economies, announced the pending launch of an NFT marketplace in the IMVU metaverse – home to more than one million daily active users, Bankless Times learned from a press release.

MetaJuice has collaborated with IMVU creators for its inaugural collection of wearable in-world apparel NFTs, harnessing the power of the existing IMVU community. To purchase NFTs, eligible users can use VCOIN or, soon, its sister token VCORE, which will soon be available outside the US and Canada.

Unique to this launch, the first phase of which is expected this fall, will be the ability for IMVU users to immediately wear and showcase their NFTs in the metaverse. When wearing an NFT in a room or experience, users can have a special “badge” and name color in the room and in the chat.

Other users will be able to see that and click on the avatar and find the information and metadata about the NFT that is making them appear special.

Collect, display, and resell

In addition, IMVU users will have ownership of purchased NFTs on the marketplace, allowing them to collect, display and resell items. For the first time, the new marketplace will enable reselling, gifting, and inventory management on the IMVU platform.

And in partnership with Immutable X, all NFTs created and traded on the IMVU platform will incur zero gas fees, enabling seamless transactions at launch.

Daren Tsui, CEO of Together Labs, the parent company of IMVU, commented:

IMVU boasts over 21.4m unit sales per month

This immense effort builds upon IMVU’s thriving economy with more than 21.4 million unit sales per month and a marketplace that has more than 50 million virtual goods. The NFTs will be directly integrated into the existing shop, making it seamless for users to find and purchase them.

IMVU will launch with virtual clothing and accessories, with more to come in the future. Also coming soon, more than 200,000 active IMVU creators will be able to easily create, sell and buy NFTS directly within the current IMVU Studio creator tools.

Users who purchase NFTs can choose to update their avatar to indicate that they are NFT owners, whether they are wearing an NFT item or not.



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Metaverse

KPMG enters the metaverse, invests $30M in Web3 employee training

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KPMG, one of the Big Four accounting firms in Canada and the United States, has revealed the opening of its first metaverse collaboration hub to help its employees and clients pursue growth opportunities in the digital era.

KPMG is entering the metaverse with a new collaboration hub that will connect employees, clients and others with Web3. The company is making a collective $30 million investment this year in Web3 experiences, with the metaverse hub as the “signature piece.”

According to a Tuesday report by Fortune, the hub will be focused on education, collaboration, training, events and workshops with Cliff Justice, KPMG U.S. leader of enterprise innovation claiming that it is presently being utilized for such things but that KPMG intends to hire people to build it and expand it over time.

The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services.

Laura Newinski, deputy chair and chief operating officer at KPMG in the U.S., said:

“The metaverse is a market opportunity, a way to re-engage talent, and a path to connect people across the globe through a new collaborative experience.”

The companies will continue to explore possibilities in the crypto and Web 3.0 space, co-create new tools and solutions that provide critical insights, launch immersive learning and development platforms, recruit talent to contribute knowledge and help navigate the changing confluence of the physical and digital worlds, among other things, as part of its innovation strategy.

Related: Yahoo launching Metaverse events for Hong Kong residents under restrictions

The COVID-19 epidemic sparked people’s interest in the metaverse. There has been an increase in the desire for methods to make internet contact more lifelike as more individuals work and go to school online. JPMorgan, one of the biggest banks in the United States, made headlines earlier this year by publishing a paper suggesting metaverse technology was a “one trillion-dollar opportunity,” along with establishing its own virtual headquarters in the Decentraland (MANA) metaverse.