As the usage of social media keeps increasing, brands are increasingly dependent on social media influencers to help push their products and services to their wide range of audiences. Because of this, influencer marketing has turned into a lucrative business, with the industry said to become a $15 billion industry by the end of 2022. As per the latest calculations, 43% of all social media influencers make an average of $50,000 a year and the influencer economy is estimated to be more than $100 billion.  The Metaverse and Influencer Marketing  The Metaverse is a virtual ecosystem where immersive digital spaces are manufactured for a range of human activities and this involves the integration of both virtual and physical spaces. Back in the 90s when Neal Stephenson coined the term “metaverse” in his science-fiction novel “Snow Crash,” it was just what it was, an imaginary world from fiction. Recent happenings however have clearly shown that the Metaverse isn’t just the product of a talented writer coining words for his book, but that it is a concept that is already here with us and will be a huge part of our future.  To back this claim, we can easily point to tech giants who are obviously in a race to be the first to market for the Metaverse industry. Meta (previously Facebook) invested $10 billion in 2021 to build its Metaverse, while Nvidia is developing an Omniverse, which will connect virtual worlds in the Metaverse. Music star Travis Scott had his virtual concert at Fortnite attended by 12 million people. Microsoft is building its metaverse.  All of these events prove one thing: The Metaverse is real, it is a big deal and it is happening now. As more and more tech giants and social media platforms make the transition into the Metaverse, a big opportunity to create something much bigger presents itself. That opportunity is creating an influencer-centric ecosystem in the Metaverse.  Even though a large majority of social media influencers are untapped when it comes to Metaverse, blockchain and NFT concepts, the Influencer Marketing (IM) niche is worth only $15 billion at the moment. And the NFTs and Metaverse estimated addressable market is valued at more than $1 trillion.  All of these inspired the team at Metafluence to delve into creating a product that plugs the issue of influencer marketing but this time, for the Metaverse. What is Metafluence? Metafluence is a platform that enables influencers to monetize their influence, social media power and creativity in the Metaverse. Metafluence is the world’s first influence-to-earn platform and the solutions they provide for influencers automatically addresses the brand and audience challenges. This enables all the parties to thrive in Web 3.0. Metafluence is the name of the city in the Metaverse and this city is ruled by social media influencers. Metahuts will be the homes of Influencers and will serve as the main architectural elements of the city. This is similar to the plot of lands in the Metaverse. To be considered an Influencer, you must have at least 100+ engagements (including likes, shares and comments) in one of your social media channels. Up to 100 influencers can come together to create a Metaclan, to unify their social media influence and reach.  Vision  Metafluence’s vision is to build an influencer-focused ecosystem in the Metaverse where social media influencers, brands and their audiences can engage easily in a transparent and incentivized manner. Through Metafluence’s influence-to-earn platform, they aim to convert social media influencers into Metaverse entrepreneurs (Metapreneurs).  Token  $METO is the native utility token of the Metafluence platform. It would be used throughout the Metafluence ecosystem and its utility includes but is not limited to; Acquisition of Influencer Homes (Metahuts) or their upgrades Purchases and transactions — NFT purchases, event tickets, premium access, brand stores etc.  Community incentives and governance — This includes incentives for holding the token, affiliate incentives, transaction fee incentives, staking incentives and incentives for being active.  $METO will also be used for voting, curation and as a means for Metaclan memberships. Tokenomics  Token name: Metafluence Ticker: $METO Total Token Supply: 5,000,000,000 METO Initial Market Cap: $155,000 Fully diluted market cap: $25m Token Allocation and Vesting Schedule  Seed Round (3.2%) — Locked for 30 days with daily vesting for 23 months. Total vesting of 24 months.  Private Round 1 (6%) — 5% released at TGE, then locked for 30 days with daily vesting for 17 months  Private Round 2 (3%) — 10% released at TGE, then locked for 30 days with daily vesting for 14 months Public Sale (1.2%) — 10% released at TGE and then vested daily over 6 months  Team (16%) — 6-month lock followed by a 42-month daily vesting  Advisors (5%) — 6-month lock followed by 18-month daily vesting  Partners (4%) — 3-month lock followed by 33-month daily … Continued

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Solana puts its paddle on the accelerator, gains more than 17% since January 11. Bank of America’s statement supports the current price action in Solana. Rounding bottom formation validates the upswing in the prices. Solana started the session on a higher note while adding in the top ten performing cryptocurrencies by market capitalization. The digital

The post Solana Creeps Higher, Looks To Revisit January Highs AT $177.0 appeared first on CoinGape.

China might have labeled Bitcoin and cryptocurrency mining “obsolete” in the country. But its exit from the sector has proven to be a boon for countries like the USA, Russia, and Kazakhstan where most miners have shifted base. Smaller players have also emerged to fill in the gaps, and among them is Thailand. Here, large-cap […]

PC owners of Hitman 3 don't have long to wait for VR support.

Russian feminist protest punk rock and performance art group Pussy Riot will launch a DAO to promote gender diversity in the emerging crypto and NFT spaces.  Pussy Riot came under the spotlight when they staged an unauthorised performance inside Moscow’s Cathedral of Christ the Saviour in 2012. They continue to oppose oppression with their eccentric […]

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Following Mozilla’s decision to pause crypto donations due to environmental concerns, a number of Wikimedia Foundation community members have submitted a proposal that asks the foundation to stop accepting digital currency donations. The proposal explains that crypto donations “signals [an] endorsement of the cryptocurrency space,” and also says that “Cryptocurrencies may not align with the […]

Over the past few days, NEAR Protocol has rallied impressively from the lows at $13.18. Bitcoin has also bounced from the $40.5k support, and NEAR has been able to climb past areas of supply with relative ease. The rally upward provided some short-term targets as take-profit levels for bulls. Over the past two weeks, the […]

Litecoin Price Prediction – January 13 The Litecoin price prediction drops below the 21-day moving average as the coin aims to touch the low of [...]

The post Ethereum Whales Parting Ways With ETH! Is A Plunge to $3000 Imminent This Season? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The second-largest cryptocurrency of the global crypto market has been sailing the rough tides, ever since its London hard fork upgrade. Which has slandered the price projections of the alt star to narrow bandwidths. While Ethereum maximalists are optimistic of situations stabilizing with the merger to ETH 2.0. The delay in the update going live …

The post Will This Be A Menace In Solana’s Move To The Third Position By Market Cap This Alt season? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The global crypto market is home to a plethora of projects, of which a handful of these projects have been turning heads. The metrics of the protocols have been meritorious at numerous fronts, be it monetary, fundamentals, development, or utility. In succession, Solana has been making it to the spotlight quite often. Solana this time …

The Japanese yen has extended its gains as USD/JPY trades at a 3-week low. In the North American session, USD/JPY is trading at 114.25, down 0.35% on the day. Will the yen break into 113-territory before the end of the week? Yen makes most of US dollar retreat The Japanese yen has jumped onto the currency […]

A bill seeking to ban FED from issuing crypto to consumers was proposed recently by Tom Emmer due to privacy dangers posed by the Chinese digital yuan so let’s read further in today’s crypto latest news. The proposed law will prevent the FED from giving CBDCs accounts to consumers and the sponsor of the bill […]