{"id":9905,"date":"2023-07-26T17:11:09","date_gmt":"2023-07-26T17:11:09","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/07\/26\/imvu-unveils-inclusive-web3-economy-empowering-creators-with-nfts-nft-news-today\/"},"modified":"2023-07-26T17:11:09","modified_gmt":"2023-07-26T17:11:09","slug":"imvu-unveils-inclusive-web3-economy-empowering-creators-with-nfts-nft-news-today","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/07\/26\/imvu-unveils-inclusive-web3-economy-empowering-creators-with-nfts-nft-news-today\/","title":{"rendered":"IMVU Unveils Inclusive Web3 Economy: Empowering Creators with NFTs &#8211; NFT News Today"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Together Labs, the company behind the world\u2019s largest web3 social metaverse, IMVU, has unveiled an innovative Web3 economy that empowers creators and users alike. By allowing hundreds of thousands of IMVU creators to autonomously design, mint, trade, and earn from NFTs, <a href=\"https:\/\/about.imvu.com\/\" target=\"_blank\" rel=\"noopener\" title=\"\">IMVU<\/a> is creating a virtual utopia where everyone can participate and benefit.\u00a0\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Empowering Creators with NFTs\u00a0<\/h2>\n<p>With 67% of its creators and players being women, IMVU bucks industry trends and champions gender diversity in the metaverse. Powered by <a href=\"https:\/\/metajuice.com\/\" target=\"_blank\" rel=\"noopener\" title=\"\">MetaJuice<\/a>, the company\u2019s blockchain division, IMVU users now have the power to design, sell, and monetize creator-managed limited editions, all with complete control over their digital assets.\u00a0<\/p>\n<p>The inaugural IMVU creator minted NFT, the limited edition white \u2018Bunny Hat,\u2019 priced at $1.20, sold out instantly, marking a resounding success for IMVU\u2019s pioneering move towards inclusivity. The beta NFT collection featured a diverse array of digital assets ranging from $2 Kawaii hairstyles to $80 ancient helmets and $100 candy-inspired nails. With over 100 creators participating in the beta program, the possibilities are limitless for users seeking to showcase their talent and monetize their creativity.\u00a0\u00a0<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><\/figure>\n<\/div>\n<h2 class=\"wp-block-heading\">IMVU\u2019s Expanding Marketplace\u00a0\u00a0<\/h2>\n<p>Boasting nearly a million daily active users, IMVU is already home to over 60 million creator-made digital items in its bustling marketplace. With over 20 million digital items exchanged monthly and 10,000 new items created every day, IMVU is a vibrant hub of creativity and self-expression.\u00a0\u00a0\u00a0<\/p>\n<p>With the addition of the ability to self-mint NFTs, the platform\u2019s creators can now design and sell their digital items while targeting their desired level of exclusivity using <a href=\"https:\/\/metajuice.com\/vcoin\/\" target=\"_blank\" rel=\"noopener\" title=\"\">VCOIN<\/a>. The minted NFTs, listed with full Immutable backed blockchain functionality, can be purchased with VCOIN or <a href=\"https:\/\/metajuice.com\/vcore\/\" target=\"_blank\" rel=\"noopener\" title=\"\">VCORE<\/a>.<\/p>\n<p>Collaborating with <a href=\"https:\/\/www.immutable.com\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Immutable<\/a>, IMVU has achieved a remarkable feat \u2013 NFT minting processes that are 475,000 times more energy-efficient than Ethereum-based minting. This sustainable approach aligns with IMVU\u2019s commitment to creating a virtual world that leaves a positive impact on the environment. Moreover, the user-friendly interface allows creators of all skill levels to navigate the NFT minting process with ease, empowering even non-technical users to participate in the virtual economy.\u00a0\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" data-lazyloaded=\"1\" title=\"Within-1 - NFT News Today\" decoding=\"async\" width=\"1024\" height=\"511\" src=\"https:\/\/nftnewstoday.com\/wp-content\/uploads\/2023\/07\/Within-1-1024x511.png\" alt=\"\" class=\"wp-image-73968\" srcset=\"https:\/\/nftnewstoday.com\/wp-content\/uploads\/2023\/07\/Within-1-1024x511.png 1024w, https:\/\/nftnewstoday.com\/wp-content\/uploads\/2023\/07\/Within-1-300x150.png 300w, https:\/\/nftnewstoday.com\/wp-content\/uploads\/2023\/07\/Within-1-768x383.png 768w, https:\/\/nftnewstoday.com\/wp-content\/uploads\/2023\/07\/Within-1-1536x766.png 1536w, https:\/\/nftnewstoday.com\/wp-content\/uploads\/2023\/07\/Within-1.png 1588w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\"\/><\/figure>\n<h2 class=\"wp-block-heading\">Collaboration with Notable Figures\u00a0<\/h2>\n<p>Prior to its official launch, <a href=\"https:\/\/togetherlabs.com\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Together Labs<\/a> collaborated with esteemed figures like Pussy Riot\u2019s Nadya Tolokonnikova, Australian LGBTQ+-focused movement Not Your Bro, and LA fashion collective Freak City to release limited-edition NFT drops inspired by their distinct styles and designs. Now, this opportunity extends to all IMVU users, inviting them to be part of the vibrant culture and fashion of the largest social web3 metaverse.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n<p>IMVU\u2019s inclusive web3 economy is transforming the virtual landscape, empowering creators and users with the tools to create, connect, and earn in the metaverse. With its eco-friendly NFT minting and user-friendly interface, IMVU sets a new standard for a truly inclusive and sustainable virtual world. As the metaverse continues to evolve, IMVU remains at the forefront of innovation, paving the way for a diverse future in the virtual realm.<\/p>\n<\/div>\n<p><a href=\"https:\/\/nftnewstoday.com\/2023\/07\/27\/imvu-unveils-inclusive-web3-economy-empowering-creators-nfts\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=imvu-unveils-inclusive-web3-economy-empowering-creators-nfts\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Together Labs, the company behind the world\u2019s largest web3 social metaverse, IMVU, has unveiled an innovative Web3 economy that empowers creators and users alike. By allowing hundreds of thousands of IMVU creators to autonomously design, mint, trade, and earn from NFTs, IMVU is creating a virtual utopia where everyone can participate and benefit.\u00a0\u00a0 Empowering Creators [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9906,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftnewstoday.com\/wp-content\/uploads\/2023\/07\/IMVU.png","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/9905"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=9905"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/9905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/9906"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=9905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=9905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=9905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}