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May 27th - British household energy bills are set to see their biggest increase since 2023 due to the war with Iran pushing up wholesale gas and electricity prices, further exacerbating inflationary pressures already weighing on the UK economy. The UK energy regulator, Ofgem, announced on Wednesday that the energy price cap will be raised by 13% to £1862 from July 1st. This price cap is updated quarterly, and the previous pricing used market data prior to the escalation of the Middle East conflict; therefore, this adjustment is the first to fully reflect the impact of the recent turmoil in the Middle East. Since the start of the conflict, UK near-month gas futures prices have risen by over 40%, while electricity contract prices have risen by nearly a third over the same period. Energy consultancy Cornwall Insight predicts that UK energy bills will rise again in October, warning that even if the conflict ends quickly, prices will struggle to return to April levels due to damaged infrastructure and prolonged energy supply disruptions.Both WTI and Brent crude oil prices fell by more than 2.00% intraday, currently trading at $94.27 per barrel and $94.57 per barrel, respectively.On May 27th, the National Energy Administration officially released a list of 51 high-value "AI+" energy scenarios. These 51 scenarios include intelligent emergency response to severe convective disasters along important power transmission lines, intelligent diagnosis and smart operation of new power distribution networks, intelligent operation optimization of large-scale vehicle-grid interaction, and intelligent operation of multi-energy complementary clean energy bases. By sector, these 51 high-value scenarios cover eight major areas, including "AI+" power grid, "AI+" new energy, "AI+" hydropower, and "AI+" thermal power.Euro Stoxx 50 futures rose 0.35%, German DAX 30 futures rose 0.31%, French CAC 40 futures rose 0.47%, and UK FTSE 100 futures fell 0.11%.Ofgem (UKs Office for the Gas and Electricity Markets) says that from July onwards, electricity price increases will be lower than gas price increases – a situation different from that during the energy crisis.

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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