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NFT overview – Post Malone will release his latest album in the metaverse…

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In case you haven’t been able to keep up with the latest news from the world of NFTs, here’s a brief selection of the ones that caught our attention the most.

From launches of new collections, to updates on platforms and other news about the crypto world, the idea is to bring an overview of what moved the market and caught the media’s attention during the week.

In today’s issue we bring you some news from the world of NFTs, including Revuto’s new approach to the NFTs market, a metaverse show in partnership with Meta and a new collection of NFTs from Reddit

Check out more about the latest news from the world of NFTs!

Post Malone will debut his latest album in the metaverse

Nine-time Grammy nominated artist Post Malone will enter the metaverse and debut his latest album at Horizon Block Party on July 15th.

Post Malone said, “I’m excited for fans to have this Twelve Carat Toothache VR experience.” We work so hard to make this as amazing as possible.” Thank you to everyone who helped bring this to life.”

Twelve Carat Toothache: A VR Experience is a 40-minute show and visual album, featuring Fleet Foxes, Roddy Ricch and The Kid Laroi.

The 3D experience will only be available to Quest 2 owners who are 18+ and reside in the US, UK or Canada. At the same time, a 2D version will be released on Facebook and Instagram.

Reddit launches collection of NFTs on the Polygon blockchain

Reddit has announced the release of a series of limited-edition Collectible Avatars NFTs made by independent artists. The collection will be built on the Polygon network.

In partnership with Reddit, artists will get unique benefits on the platform and get paid for each avatar sold, as well as receiving royalties from secondary sales in open markets.

Users will save and manage NFTs using Reddit’s Vault, a crypto wallet on the Polygon network. Each avatar will have a fixed price and can be purchased using traditional purchase methods.

Over time, NFTs will be available to everyone, but initially Reddit granted early access to a limited number of users who join the “r/CollectibleAvatars” community.

Revuto introduces subscription to Netflix and Spotify as NFT

Revuto has introduced a new approach to web 3.0 through subscriptions like NFTs to popular entertainment platforms like Netflix and Spotify. In partnership with Railsr (formerly Railsbank), a digital crypto bank, the company will sell subscriptions to platforms via virtual card.

According to the blog post, NFTs will also be available for trading on the secondary market as well as a third-party market. Whenever NFT is sold, Revuto will suspend the previously linked virtual card and hand over these rights to the new customer.

Users who wish to purchase and enjoy this service will be able to pay for NFTs both with credit and debit cards, as well as with crypto.

The blog post revealed that nearly 50% of consumers are currently paying for a subscription they are not using. Revuto’s NFTs will allow these users to save their money as they can sell their remaining months of subscription to other users.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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