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The Sandbox Partners with TIME Magazine to Build Metaverse

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TIME Magazine

The metaverse remains one of the most intriguing technological concepts of this day. Several companies have formed partnerships to conduct projects with the metaverse. TIME Magazine, one of the most popular media companies in the world, has become the latest to join the trend.

Earlier this week, the media house cemented a partnership with blockchain gaming platform The Sandbox to develop a virtual rebuild of New York City.

The Big Virtual Apple

The collaboration between The Sandbox and TIME Magazine was unveiled on Wednesday as part of the NFT.NYC event.

According to the partners, TIMEPieces, the non-fungible token (NFT) initiative set up by TIME Magazine, will launch a space on The Sandbox. Inspired by The Big Apple, the space will be dubbed TIME Square.

TIME Magazine Space

TIMEPieces has sent out an open invitation to architects for design submissions for the space. As they explained, the land plot is expected to be a location for hosting virtual events across multiple fields, including commerce, events, and art.

Keith Grossman, the President of the TIME corporation, said that TIME Square would offer unique experiences to holders of the TIMEPieces NFTs, offering virtual access to events, discussions, and screenings of projects from TIME Studios – the company’s movie and documentary developer.

The Sandbox has had quite a whirlwind period over the past few months. Coasting off the popularity of NFTs and the metaverse, the platform has become one of the most resilient brands in digital media.

Back in March, The Sandbox was named among TIME’s 100 Most Influential Companies. The platform was recognised for its contributions to the metaverse and the new frontier of human interaction, as well as its infusion of concepts like NFTs into this future.

Last week, The Sandbox partnered with Lionsgate Studios – one of the most prominent entertainment brands – to bring some of Lionsgate’s titles straight into the metaverse.

According to reports, Lionsgate is looking to build Action City – an area in The Sandbox that will feature some of the studio’s biggest action blockbusters. These will include 2019’s “Hellboy”, Sylvester Stallone’s “Rambo: Last Blood”, and all movies in the “The Expendables” franchise.

All of the content in Action City will enable players in The Sandbox to create their unique experiences with established and new characters and worlds. Players can fit their 3D avatars with items based on these movies’ properties and deploy them as they see fit.

Mainstream Media’s Affinity with NFTs

This development also underscores what seems to be a growing affinity for NFTs from mainstream media.

Earlier this year, the Associated Press announced that it would launch a marketplace to sell NFTs representing works from some of its prominent photojournalists. The marketplace, built by a company called Xooa, will provide a way for collectors to purchase the Associated Press’ award-winning photojournalism, with the news agency claiming that it would release virtual tokens at “broad and inclusive price points”.

The Associated Press also pointed out that the marketplace will be built on the Polygon network, touting Polygon for its eco-friendly blockchain operation. Recently, Polygon’s developers announced that they had achieved carbon neutrality, offsetting the network’s carbon footprint since it launched.

The New York Times also made headlines in the NFT space last March, selling the chance to own the first published article from the publication. The NFT sold at $560,000, making the Paper of Record one of the most successful media houses to make a foray into the NFT space.

So far, NFTs have provided a great way for media houses to make money off some of their most iconic works. Whether photojournalism or milestone pieces, these media houses have found a great way to monetise their content and grow their audience.

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Recently ‘Metawhale World’ has announced launch of World’s First NFT Museum in Metaverse

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Blockchain technology has significantly transformed the realm of business in a plethora of ways and for sure, has opened up numerous opportunities for savvy entrepreneurs, market enthusiasts and budding investors. It has given people a completely new platform for creative, innovative and unique methods of wealth creation. Things like NFTs, Cryptocurrency, and the Metaverse have created quite a stride in recent times and are drawing the attention of people across the globe and India is no exception. Keeping this in mind, Rahul Kaushik, a well-known Delhi-NCR based entrepreneur, has recently launched ‘Metawhale World’, a blockchain-based platform that allows its users to build and monetize their gaming experience. The launch of the platform took place on April 28, 2022 at the posh 5-star hotel, Sahara Star, situated in India’s financial capital.  

Since its launch, Metawhale World has been the talk of the town for all the positive reasons and one of the major aspects for the same is because the innovative blockchain-based platform allows the rightful ownership of the creation to all its existing gamers alongside rewarding every participant with their exclusive utility token-MTW. Moreover, for ensuring complete data protection and providing security, they have developed a decentralised control system that restricts creator ownership in the current gaming market. The virtual platform also allows its community members to have complete access and control over their work, ranging from 3D arts to gaming assets. Unlike the other existing platforms in the market that are complex and hard to navigate for the people, Metawhale World is developed in a way that is easy to use and has a wide adoption that validates the network. The platform also allows all kinds of brands to promote their services and products. These things have significantly made it one of the most promising and reliable blockchain-based platforms in India. 

With the vision to help Indians understand and get connected to the fascinating world of Blockchain, Rahul Kaushik, an astute and a visionary entrepreneur, launched Metawhale World with his Co-Founder, Rahul Pabby. Rahul has always been someone who understands the market like a maven and is someone who believes in beginning innovation to the table. Through Metawhale World, he has successfully proved his mettle but he is someone who believes in the phrase that “The day you think I have achieved it, it’s over” and keeping this in his belief, he has taken his next big move that is all set to disrupt the realm of NFTs (Non-Fungible Tokens). 

Taking things to the next level, Rahul Kaushik has recently announced two big moves during a mega event held at the Hotel Glitz Westend Inn, situated in the National Capital on June 26th, 2022. He along with Rahul Pabby (Co-Founder), Gunjan Shekawat (Director), Vishal Raj (Chief Communication Officer), Manish Arora (Chief Marketing Officer) and Ullas Sirdesai (Chief Finance Strategist) has officially announced the launch of the world’s first NFT Museum. During the event, more than 350 entrepreneurs and other big names like Prahladbhai Modi, Deepak Londe, Prashant Mandekar and Rajuseth Oswal were present who appreciated the new initiative taken by Meta Whale World. The first-of-its-kind which will display digital artworks for anyone who is having a strong internet connection. The soon-to-be-launched museum will also be able to extend access without diluting the monetary value of the plethora of listed digital artworks. Apart from this, designers and curators will also be able to make the exhibitions as imaginative and as immersive as they would like while spending less time and capital. 

The second major announcement made at the event was that IgniteChain would be teaming and partnering up with Metawhale World to release a variety of digital collectibles on the blockchain network. These two brands coming together is likely to generate huge buzz in the world of NFTs. Representing IgniteChain, JM Narola (CEO), Umesh Mistry (COO), Vimal Panchal (CMO), Hardik Vaghela (CTO), Hemant Jass (Head of Advisory) and Piyush Jain (Advisory Member) were also present at the event. This partnership between both the renowned platforms is aimed at bringing a 360-degree transformation in the realm of NFTs and through this move, IgniteChain has opened doors for many developers, projects and applications to build decentralised solutions for the web3 community. IgniteChain which will be partnering with Metawhale World is a decentralised blockchain network working on PoS consensus combined with reward based validation protocol PoR (Proof-of-Reward). They make it easier to utilise blockchain networks across different sectors including enterprises, governmental and decentralised finance. 

Metawhale World, a blockchain based platform that was launched recently, under the leadership of Rahul Kaushik, allows users to build and monetize their gaming experience. The Binance Blockchain powered the platform and uses MTW’s utility token. Meta Whale World will allow actual ownership of the creation to all its existing gamers, and they even promise to reward every participant with their exclusive utility token-MTW. Further, for data protection and ensuring security, they have developed a decentralized control system that will restrict creator ownership in the current gaming market.  

Now, with these two moves, Metawhale World, is all set to take the world of NFTs and Metaverse to the next level and Rahul Kaushik is leaving no stones unturned to achieve this. 





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iClick Interactive Releases Metaverse Livestreaming Mobile App Arohar

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Brings livestreaming to the metaverse for the first time

HONG KONG, June 27, 2022 /PRNewswire/ — iClick Interactive Asia Group Limited (“iClick” or the “Company”) (NASDAQ: ICLK), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, today announced the launch of Arohar, its proprietary live streaming enhancement mobile application that integrates AI, AR and interactive 3D avatars to bring a brand new metaverse-based live streaming experience to users. iClick’s flagship product, Arohar, for KOL promotion in overseas markets represents a new SaaS paradigm for live streaming.

(PRNewsfoto/iClick Interactive Asia Group Limited)

(PRNewsfoto/iClick Interactive Asia Group Limited)

According to the global consulting firm PricewaterhouseCoopers (“PwC”), the metaverse-related market is estimated to reach USD467.4 billion by 2025. Featuring immersive virtual backgrounds and effects, and the ability to create real-time facial animation avatars through AR technology, Arohar’s all-in-one livestreaming solution marks iClick’s first step into the metaverse market. Arohar currently enables users to access Meta and other overseas metaverse platforms, and future upgrades will help accelerate the development of the metaverse ecosystem and promote the transformation of the live streaming industry.

Arohar brings exciting new features to livestreaming including 3D avatars with AR facial micro-expression tracking and real-time facial animation and immersive virtual backgrounds through the AI image processing technology. Arohar is able to instantly detect the physical features of the live streamer and generate a clear virtual likeness and background without a green screen. Through these innovations, Arohar delivers a cutting-edge metaverse livestreaming experience that allows users to enjoy eight key features:

  • Access to high quality virtual backgrounds;

  • Create real-time animated 3D avatars;

  • Enhance facial features with beauty and makeup filters;

  • Use multi-scene switching to ensure smooth and attractive live streaming;

  • Remote control of live streaming via App or Bluetooth;

  • Share mobile game streams with friends and fans seamlessly via screen sharing;

  • Enhance live streams through built-in massive live streaming resources;

  • Support live streaming to multiple social media platforms such as Facebook Live, YouTube, Twitch, Twitter, Instagram and more.

Frankie Ho, iClick’s President of International Business said, “We are very excited to announce the overseas launch of Arohar, a breakthrough solution that empowers metaverse livestreaming under our ‘SaaS+X’ business model. Arohar will be a key driver in our overseas market strategy as we focus on innovation to drive robust growth. iClick will continue to seek business opportunities in the metaverse while further accelerating the development of our SaaS product matrix to address brands’ challenges in the face of rapidly evolving business models and market.”

Arohar is now available on Google Play Store and Apple App Store in North America. For more information, please visit arohar.app.

About iClick Interactive Asia Group Limited

Founded in 2009, iClick Interactive Asia Group Limited (NASDAQ: ICLK) is a leading enterprise and marketing cloud platform in China. iClick’s mission is to empower worldwide brands to unlock the enormous market potential of smart retail. With its leading proprietary technologies, iClick’s full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. Headquartered in Hong Kong, iClick currently operates in eleven locations across Asia and Europe. For more information, please visit https://ir.i-click.com.

Safe Harbor Statement

This announcement contains forward-looking statements, including those related to the Company’s business strategies, operations and financial performance. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s fluctuations in growth; its success in implementing its mobile and new retail strategies, including extending its solutions beyond its core online marketing business; its success in structuring a CRM & Marketing Cloud platform; relative percentage of its gross billing recognized as revenue under the gross and net models; its ability to retain existing clients or attract new ones; its ability to retain content distribution channels and negotiate favourable contractual terms; market competition, including from independent online marketing technology platforms as well as large and well-established internet companies; market acceptance of online marketing technology solutions and enterprise solutions; litigation and negative publicity surroundings China -based companies listed in the U.S.; effectiveness of its algorithms and data engines; its ability to collect and use data from various sources; its ability to comply with existing or future laws and regulations related to data protection or data security; ability to integrate and realize synergies from acquisitions, investments or strategic partnership; the duration of the COVID-19 outbreak, including the emergence of COVID variants, and its potential impact on the Company’s business and financial performance; fluctuations in foreign exchange rates; general economic conditions in China and other jurisdictions where the Company operates; and the regulatory landscape in China and other jurisdictions where the Company operates. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and other filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

iClick Interactive Asia Group Limited
E-mail: press@i-click.com

The Foote Group
Philip Lisio
E-mail: phil@thefootegroup.com

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Cision

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SOURCE iClick Interactive Asia Group Limited



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Infosec leaders decode new workspace opportunities in Metaverse – Back End News

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True to its vision of ensuring cybersecurity in the Philippines, the Information Security Officers Group (ISOG) conducted the second installment of its 2022 virtual Metaverse forum series on June 23.

Anchored on the overall theme of “Traversing Beyond the Realm of Cyberspace.” the seconnd Metaverse forum focused on the discussions of the adjustment of each enterprise in the new norm and the measures being done in the integration of the metaverse in their operations. The virtual forum presented diverse and radical insights and significant business opportunities and solutions from great minds.

“This forum underscores our initiative and effort to design, create, and sustain a unified solution in the undertaking of Metaverse in the banking industry. We continue to collaborate with our partner institutions and stakeholders to address concerns and promote safe and effective use of the metaverse for business,” said Archie Tolentino, ISOG President and Landbank of the Philippines’ Chief Information Technology Security Officer.

ISOG forum zooms in on securing banking industry in Metaverse
ISOG to hold 2022 Metaverse forum, Cybersecurity Excellence Awards

Joining this virtual forum are field experts, decision-makers, and cyber leaders including banking Metaverse pioneer in the Philippines, Union Bank Senior Executive Vice President, Chief Technology and Operations Officer, and Chief Transformation Officer Henry Rhoel Aguda.

Zero Trust

Cybersecurity professionals also gained insights into the Data Reliability & Accessibility within the Security Framework delivered by Arnie Alvarez, the Chief Technology Officer and IT Director of the Enterprise Business Group of Huawei Technologies Philippines. They also gained perspectives on the Bangko Sentral ng Pilipinas (BSP) ‘Financial Services Cyber Resilience Plan presented by Mhel Plabasan, chief person for the agency’s supervision of technology and cybersecurity risk including emerging technologies.

Forum delegates have imparted a knowledge of the concept and implications of the Metaverse and the significance of artificial intelligence in ensuring cyber security through the presentation of Tony Jarvis, Director of Enterprise Security (APJ) of Darktrace. Meanwhile, Palo Alto Network’s Field Chief Security Officer Ian Lim tackled Zero Trust as a guiding principle in securing an organization’s journey into the Metaverse. More exciting Metaverse topics were presented by Exceture’s Chief Information Security Officer and Head of Information Technology Consulting & Software Engineering Mario Demarillas, and BlueVoyant’s Chief Operating Officer Tal Blaustein.

Forum delegates were also engaged in a comprehensive panel discussion entitled “Decoding the New Workspace in the Metaverse”. It was an avenue where industry experts addressed concerns and queries about the virtual presentations. Joining the first panel were Unionbank’s Henry Aguda, Darktrace’s Tony Jarvis, BSP’s Mhel Plabasan, and Huawei Technologies Philippines’ Arnie Alvarez. The second panel discussion with the topic “The Metaverse: Revolutionizing Opportunities” was headlined by Palo Alto’s Ian Lim and Exceture’s Mario Demarillas. Both panels were moderated by SQrity Consulting CEO & President, Ricson Singson Que.

Two more forums

“To make the most of the opportunities in the Metaverse without sacrificing any aspect of the business, it is crucial for information security professionals to be equipped with the right knowledge of this new digital ecosystem. Rest assured that ISOG will support them as they continue protecting cyberspace,” said ISOG’s Vice President Chito Jacinto.

The second installment of the virtual cybersecurity forum was supported by the Bangko Sentral ng Pilipinas, Bankers Association of the Philippines, National Privacy Commission, and the Department of Information and Communications Technology. The last two virtual forums of this series are slated for July 21 and Sep. 1.

Since 2015, ISOG has been organizing programs and events to strengthen cybersecurity awareness and secure network infrastructure in the Philippines. For more details about ISOG and its campaigns, visit ISOG’s official website at http://www.isog-org.ph and socials at LinkedIn: ISOG (Information Security Officers Group), Facebook: ISOGPH, and YouTube Channel: ISOG SUMMIT.



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