In brief
FEWO & @RTFKTstudios shoes in the metaverse 🤯
redeem your shoe NFT for access 💝💝💝💝💝@decentraland pic.twitter.com/hMisu8RKJa
— FEWOCiOUS (@fewocious) April 12, 2021
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-5.31%Reading
In conversation with Venturebeat video game reporter Dean Takahashi, Nvidia CEO Jensen Huang said he believes “we’re right on the cusp” of a blockchain-based augmented reality metaverse.
In the interview, published on Saturday, the graphics card chief described a future that is not too distant from the NFT space right now: “The art that you have is a digital art. You own it using NFT. You’ll display that beautiful art, that’s one of a kind, and it’s completely digital.”
Huang envisioned a seamless transition between the physical world of our perishable possessions and the virtual world of our digital assets. “You’ll have our glasses on, or your phone. You can see that it’s sitting right there, perfectly lit, and it belongs to you. We’ll see this overlay, a metaverse overlay if you will, into our physical world.”
Huang’s idea of a ‘metaverse overlay’ is already here—to an extent. This March, teenage NFT artist FEWOCiOUS auctioned a pair of hand-inked shoes as an NFT both IRL and as an augmented reality pair, raising $3.1 million in seven minutes.
FEWO & @RTFKTstudios shoes in the metaverse 🤯
redeem your shoe NFT for access 💝💝💝💝💝@decentraland pic.twitter.com/hMisu8RKJa
— FEWOCiOUS (@fewocious) April 12, 2021
Similarly, rapper MF Doom’s last known creative project was a set of AR MF Doom masks. These NFTs can be displayed in virtual worlds, like in art galleries on Decentraland.
Nvidia is no stranger to digital currencies. Driven by the popularity of their graphics drivers in crypto mining operations, Nvidia released in February a graphics card for Ethereum miners: The Nvidia CMP (Cryptocurrency Mining Processor).
In late Spring, the company announced that it was cutting the hash power of three of its most popular graphics cards to keep gamers happy.
At the end of May, Nvidia had made $155 million from its CMP cards. Huang said in May, “CMP yields better, and producing those doesn’t take away from the supply of GeForce. So it protects supply for the gamers."
When the singularity arrives, it’ll be powered by Nvidia.
SOL Strategies, a Canadian public company focused on the Solana blockchain, has filed a $1 billion preliminary short-form base shelf prospectus as it doubles down on its investments in the world's sixth-largest crypto. The company said the move aims to provide it with increased “financial flexibility” to capitalize on emerging opportunities within the Solana ecosystem, according to a filing on Tuesday. In other words, the move will allow SOL Strategies to prepare for potential capital raises, al...
Eric Trump and Donald Trump Jr. bashed the traditional finance system and championed the U.S.' pro-crypto pivot and their own digital asset endeavors on Wednesday at the Bitcoin 2025 conference in Las Vegas—underscoring the Trumps' growing enmeshment with the cryptocurrency community, despite critics' concerns over conflicts of interest posed by the First Family's embrace of the industry. The two eldest sons of U.S. President Donald Trump touted the U.S.' foray into Bitcoin and other cryptocurr...
Online trading platform eToro announced on Wednesday that it has added 12 cryptocurrencies to its U.S. platform, expanding its digital asset offerings in the country after sharply scaling back its presence last year due to regulatory constraints. The new tokens available to U.S. users include Cardano, Dogecoin, XRP, and Shiba Inu, among others, bringing the total number of listed assets from three to 15. These tokens join Bitcoin, Ethereum, and Bitcoin Cash, the only crypto assets the firm offe...