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Samsung Latam Launches Metaverse Experience ‘House of Sam’ in Decentraland – Metaverse Bitcoin News

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Samsung Latam, the electronics giant’s regional division, has decided to offer its own space in Decentraland, an Ethereum-based metaverse platform. The space, which will be dubbed “House of Sam,” will allow users to virtually connect to different products of the brand, and play mini-games to win Samsung-branded prizes for their avatars.

Samsung Latam delves into the Metaverse

Samsung owns Latam, the electronics company’s Latin American regional division Established To dedicate an online space to increase the visibility of their brand in the digital world. The company will maintain a space called “House of Sam” in Decentraland, one of the largest Ethereum-based Metaverse platforms.

According to reports, the goal of the move is to bring the brand closer to a new generation of consumers using the metaverse as a tool. The space is already open to users, as it will be launched on September 1 with a virtual show from the Brazilian trio, Millim.

On the launch and goals of this new digital space, Arthur Wong, Marketing Director of Samsung Latam stated:

Our customers will be able to interact with each other and participate in the exclusive shows, courses and events that we will be offering for free in Decentraland, one of the most democratic and open places in the metaverse. Our goal is to be closer to Generation Z, younger consumers who are no longer drawing the boundaries between what is physical and what is virtual.

Activities and prizes

The House of Sam will offer a series of mini-games related to the brand, which will also offer prizes to users in the form of exclusive wearable devices for its Decentraland avatar. Some of the Samsung brand’s most popular products are also in the virtual space, including the Freestyle portable projector.

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This is one of many moves Samsung has already made directly into the metaverse, although the company has also been active in the NFT (non-fungible token) market and bitcoin mining chip business. In July, the company Launched Another metaverse experience called Space Tycoon as part of the Roblox platform. In January, the company opened Her own store in Decentraland.

What do you think about diving into Samsung Latam in the Decentraland metaverse? Tell us in the comments section below.

Sergio Goshchenko

Sergio is a crypto journalist based in Venezuela. Describing himself as a latecomer, he got into the crypto world when the price spike occurred during December 2017. As he has a background in computer engineering, lives in Venezuela, and is affected by the cryptocurrency boom on a social level, he offers a different perspective on the success of cryptocurrency and how it helps People who do not deal with banks and who are underserved.

photo credits: Shutterstock, Pixabay, Wiki Commons, JHVEPhoto / Shutterstock.com

disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services or companies. Bitcoin.com It does not provide investment, tax, legal or accounting advice. Neither the Company nor the author shall be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.


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Everything Bubble: Markets at a Crossroads – Bitcoin Magazine

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Below is an excerpt from a recent issue of Bitcoin Magazine Pro, Bitcoin Magazine Premium Markets Newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

Powell’s Speech and Contracting ISM PMI

We want to zoom out, revisit and analyze some of the latest data that came out this week, which will greatly influence the direction of the market over the next few months.

After Jerome Powell’s Brookings speech, markets are clearly chomping a bit to move higher with any possible pivot scenario and narrative from the Fed. There is over-hedging, short-squeezing, options market dynamics and forced buying. This goes beyond our experience to say exactly why markets explode with volatility at any given data point or Powell’s new speech. However, these types of events and market movements have almost always been a sign of unhealthy and growing volatility in bear markets. Despite more talk from Powell with nothing really new to say, the speech was seen by markets as “more dovish” with his comment about worrying about excessive rate hikes. However, if this is yet another bear market rally forming for the major indices, we’re apparently close to turning that high again.



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Price Analysis 12/2: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

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Bitcoin and altcoins are starting to signal a possible trend change, but there are still a few downside risks.

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Uzbekistan approves rules for issuing and trading crypto assets – Bitcoin news regulation

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The authority responsible for supervising digital currencies in Uzbekistan has determined the order for digital assets to be issued and traded in the country. The main reason behind this move is to create a mechanism that would allow local companies to attract capital through coins and tokens.

The government of Uzbekistan defines the regulation of digital asset investments

National Agency for Perspective Projects (NAPP), under the chairmanship of the President of Uzbekistan, a new regulation on the procedure for issuing, registering and issuing crypto assets in circulation in the Central Asian country.

The document provides basic legal definitions of cryptographic assets and distinguishes between different types. It introduces requirements for cryptocurrency issuers, depositors and custodians and outlines their obligations, including those related to customer relations.

The Authority also approved the rules for establishing and maintaining an electronic registry of crypto assets and adopted accounting standards for the rights associated with them and the rights of their holders.

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Cryptocurrency depositories will be responsible for providing services for the issuance, registration, trading and storage of crypto assets. Exporters can use it or other online platforms, NAPP said, noting that the face value of the currencies should only be expressed in the national currency, the Uzbekistan som.

The agency emphasized that the issuance of unsecured tokens is prohibited. Words like “state”, “state-insured”, “state-backed”, “Uzbekistan”, “Uzbek”, “national” and “sum” are prohibited in the names of cryptocurrencies. The regulator also explained:

The main purpose of adopting this document is to create a new mechanism for business entities to attract investments and develop their activities through the issuance and registration of the issuance of secured tokens.

NAPP further warned against any unauthorized activities related to the trading of crypto assets in the country or the use of services by service providers who have not obtained a license to provide them. The same applies to companies involved in cryptocurrency mining.

Uzbekistan has taken steps towards comprehensive regulation of its crypto sector through several decrees Occurred By President Shavkat Mirziyoyev and decisions of the National Agency for Perspective Projects. country recently licensed Two companies to provide exchange services.

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Do you think Uzbekistan will benefit from the new regulations adopted by the country’s cryptocurrency watchdog? Tell us in the comments section below.

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Lubomir Tasev

Lubomir Tasev is a technology-savvy Eastern European journalist who likes to quote Hitchens: “Being a writer is who I am, not what I do.” Besides crypto, blockchain and fintech, international politics and economics are other sources of inspiration.




Image credits: shutterstock, pixabay, wikicommons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services or companies. Bitcoin.com It does not provide investment, tax, legal or accounting advice. Neither the Company nor the author shall be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.



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