Saturday, June 3, 2023

Arizona State University Aims To Enter The Metaverse

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The Arizona State University aims to enter into the Metaverse after launching NFTs depicting sports videos and event tickets as we can see more today in our latest cryptocurrency news.

Arizona State University is one of the biggest public universities in the state which aims to join the Metaverse and Web3 ecosystems and plans to release an NFT for authenticating event tickets and certificates. In the series of trademark filings with the US Patent and Trademark Office, we can see that the university’s future offerings could include NFTs and holding lectures in the virtual reality. ASU intends to issue digital collectibles for both in-house events and more on the students’ campus. These NFTs will depict the university’s sports highlights whcih are expected to see the light of day soon.

Conducting virtual classes, meetings and other projects in the Metaverse is another goal for the university. The trademark attorney and founder of Gerben Perrott, Josh Gerben, confirmed these rumors. With 150,000 students in class, ASU is among the biggest initiatives in the USA and its potential jump in the Metaverse could be prompted by the fact that in 2021, about 60,000 people passed their lectures via digital immersion. Also, state Senator Wendy Rogers outlined Bitcoin’s merits like the ability to operate independently of a central bank and aruged that the main cryptocurrency could provide benefits to the financial system, and even introduced a bill that aimed to make it a legal tender inside Arizona borders.

The survey by YouGov shows that about 30% of Americans will agree if BTC becomes an official payment method and the residents of the Western States were in favor of law regarding crypto, more than in other countries. As of the time of writing, El Salvador and the Central African Republic are the two regions where BTC Was announced as a legal tender.


As recently reported, An Arizona regulator senator introduced a bill that sees to make bitcoin a legal tender and although the US federal law doesn’t allow the states to create their currencies, the bill could spark an interest in the discussion. The state Senator Wendy Rogers moved a draft bill that seeks to accord BTC the status of a transactional currency or a legal tender. If the bill is discussed in the senate and house, the state could be the first US state to consider this development.

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