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On March 22, Elon Musk held a press conference to announce Project Terafab, a grand plan aimed at eventually manufacturing its own chips for robotics, artificial intelligence, and space data centers. The project will be based in Austin and jointly operated by Tesla and SpaceX. Musk stated that he will first build an "advanced technology wafer fab" in Austin, equipped with the full suite of equipment needed to manufacture and test various types of chips. Musk said that although the semiconductor industry is increasing production, its pace of development is still not meeting his anticipated chip demand. "This pace is far below our expectations," Musk said. "Either we build a terawatt-scale factory, or we dont have any chips available, and we need these chips, so were building a terawatt-scale factory." Musks project aims to support 1 terawatt of computing power annually in the future.According to Al Jazeera: The Israeli military reports a new round of missile attacks by Iran.On March 22, Apple CEO Tim Cook, in an interview with the media in Beijing, said that the development of Chinas robotics industry is impressive. Speaking about the opportunities in China during the 15th Five-Year Plan period, he expressed great anticipation for artificial intelligence (AI) and eagerly awaited the next developments in the field.March 22nd - A new round of refined oil price adjustments will take place in China at midnight on March 23rd. According to Longzhong Information, the expected increase is around 2000 yuan/ton. For a 70-liter fuel tank, filling up a car will cost approximately 106 yuan more. For a 50-liter tank, the increase is expected to be around 75 yuan more. This will mark the fifth consecutive price increase this year, potentially the largest increase this year. However, the final adjustment amount will depend on the official data released by the National Development and Reform Commission that evening.On March 22, Hong Kong Financial Secretary Paul Chan Mo-po stated that during his recent visit to Beijing, he met with several central government ministries and financial regulatory agencies. They engaged in in-depth discussions on the macroeconomic situation, the current state and development of the financial market, and how Hong Kong can better play its role in the new phase of the nations 15th Five-Year Plan. Chan and his delegation deeply appreciated the concern, understanding, and support shown by the various ministries and agencies for Hong Kongs situation. They also realized the need for a more accurate understanding of the nations development direction, key areas, and strategies in order for Hong Kong to accelerate its integration into and serve the overall national development strategy, and to maximize its own advantages.

Nike and RTFKT Go to the Metaverse with CryptoKicks Sneakers

Skylar Shaw

Apr 24, 2022 09:35


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The CryptoKicks footwear line from Nike and RTFKT is now available in the Metaverse.


Nike purchased NFT Sneaker Shop RTFKT in December to help it achieve its web3 ambitions.


In 2021, Nike launched 'NIKELAND,' a Metaverse game in which users may adorn their avatars in Nike merchandise.


As the year proceeds, metaverse activity continues to pick up steam, with mainstream players seeing web3 as the wave of the future.


There have been a slew of metaverse-related trademark registrations, with Web3 providing limitless expansion prospects.


It's difficult to ignore when US financial behemoths JPMorgan Chase and Citigroup become positive.


JPMorgan bought property in Decentraland in February, putting its money where its mouth is (MANA). According to JPMorgan, the Metaverse is expected to generate over $1 trillion in annual income.


Citi had a more upbeat forecast last month, predicting a $13 trillion Metaverse by 2030.


RTFKT and NIKE CryptoKicks are a great way to get started in the metaverse.


RTFKT Studios took to Twitter over the weekend to showcase a video of the new RTFKT x Nike Dunk Genesis CryptoKicks.


"RTFKT, in collaboration with Nike CryptoKicks, reveal the future of Sneakers, driven by Skin Vial technology," RTFKT tweeted.


EVO X, a series that enables users to modify their appearance using Skin Vials, is the first collaboration between RTFKT and Nike CryptoKicks. Skink Vials are collectibles that may be swapped between users.


The Ethereum (ETH)-based Skin Vials and RTFKT X Nike Dunk Genesis CryptoKicks Sneakers may be seen on OpenSea by collectors.


"The aesthetic of the RTFKT X Nike Dunk Genesis CryptoKicks varies according to the properties of the vial when fitted with RTFKT Skin Vial NFT," according to OpenSea.


There were 878 owners at the time of writing, with a floor price of 2.79 ETH.


Nike With the most recent launch, it becomes a Web3 trailblazer.


Nike, the world's most well-known clothing and sportswear business, is no stranger to web3. Nike entered the Metaverse in November with the debut of 'NIKELAND,' Nike's Metaverse home on Roblox Corp.


"Buildings and fields within NIKELAND are inspired by Nike's real-life headquarters and feature intricate venues for the Roblox community to test their abilities playing in numerous mini-games," Nike said while announcing the debut in November.


In addition to dressing up their avatars in Nike gear, players may play activities like Tag, Dodgeball, and The Floor is Lava.


RTFKT, the designer of the NFT shoe, was bought by Nike shortly after the introduction. Following the introduction of NIKELAND, Nike bought RTFKT to assist its metaverse aspirations.


The RTFKT X Nike Dunk Genesis CryptoKicks might find their way to the NIKELAND digital showroom, but there are no additional specifics about the CryptoKicks debut.

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