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The New Chat & Channels Experience in Microsoft Teams! 

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The New Chat & Channels Experience in Microsoft Teams! 


Having had the privilege of using the new chat and channels experience in Microsoft Teams for several months, I am excited to share my insights and reflections. This update has changed the way I communicate and use Teams, and it’s poised to make a significant impact on how we all work together. Everyone will be upgraded to the new experience, but choosing to keep chats and channels together is optional. Users can easily switch to keep them separate, while enjoying the benefits of new features like upgraded filters, sections, @mentions, and more!  

Microsoft published information about the upcoming feature early before the release, so organizations and people can get ready to prepare for the change. This new experience is now rolling to the public preview and targeted release! 

In this article, I will delve into some of the features and functionalities of this new experience, explaining what makes it a game-changer for me. From enhanced organization to an improved user interface, there are numerous reasons why this is a good leap forward for Teams. Read on as I explore the nuances of this update and highlight why it stands out as an enhancement in our digital workspace. 

The Evolution of Teams A Unified and Customizable Experience Flexibility and features  Key features overview Filters on top How about separate views for chats and channels? My Teams View Conclusion and useful tips Learn more from Microsoft sources 

Over the past year, the Teams platform has evolved significantly to meet the demand for faster, simpler, and smarter solutions in the AI-powered workplace. Microsoft has implemented several improvements, such as the New Teams (twice as fast as the old client) and adding new features to both Teams Core and Teams Premium, including voice isolation, intelligent recap, custom emojis, Loop-components to chats and channels, co-editable code blocks, and many many others. The latest significant upcoming addition is the New Chat and Channels Experience, which is designed to simplify and streamline collaboration within Teams, the digital hub for work.  

One of the most striking features of the new chat and channels experience is its ability to bring all your conversations—whether in chats, teams, or channels—into one unified view. This integration is a game-changer (to me, but experience varies), allowing me to stay on top of all my communications without having to switch contexts between chats-teams-channels constantly. The new interface also offers customization options that should have been there years ago: options that enable you to tailor your Teams to suit your preferences such as grouping chats & channels to sections you name and define. The redesigned chat and channels experience also adds other tools than just custom sections, it adds persistent filters, GoTo, and a new @mentions view. These features help me to stay up to date about what’s new and what’s important in Teams.  

Starting with the new experience is straightforward, thanks to a self-service, guided onboarding flow that helps you discover and configure the new features according to your preferences. Whether you prefer to keep chats and channels combined or separate, the new interface allows you to make these adjustments easily, by yourselves.  

Are you a heavy mobile user? The new chat and channels experience is designed to work seamlessly on desktop, web, iOS, and Android, ensuring that you can access and manage your communications efficiently, no matter how you use Teams. Settings like combined or separate view, or message previews, can be different on your mobile and desktop app. In this way, you can customize each how you like it, even with different settings. For example, I use the persistent , global, Unread filter in Teams mobile app, but in the desktop app I use Unread filtering in sections.  

What’s in the new experience: 

Unified view for chats, teams, and channels 

Favorites section for prioritizing important conversations

Customization options for grouping chats and channels into sections

Persistent filters 

@mentions view 

Settings to control the experience 

When you get the new experience, you are greeted by Teams with a dialogue telling about the new experience. You can skip this one by selecting Do it later, or just Get Started with the new exp.  

If you choose to Get Started, then you will notice that you don’t have Chats and Teams on the App bar anymore. Just Chats. Under it, you have a combined view of chats, teams, and channels together. You can also find @Mentions (the new view showing all messages you have been at mentioned), Discover (the recent channel messages pick, this is not a new one – it has been there in the Teams for some time) and of course the Copilot. 

From the top of this screen, you can go to Customize view. It takes you to Settings / Chats and channels. In there you can choose if you want to keep chats and channels combined (ie: all these are under the Chat) or separate (separate left rail apps for Chats and Teams, just like before). You can also tune the experience by showing (or not) message previews (I have this one off, to save space) and message time stamps (I have also this one off). You also have the old settings we had before in this tab: Hide inactive channels (I have it on), message density (comfy for me) and Suggested replied (on for me). You can also change settings in mobile Teams.  

Now the best part: customizing sections. It is possible to create up to 50 sections. 

It is possible to add, edit and remove sections and move chats and channels to any section you like. It is not just favorites anymore (it will be on top) but you can use any grouping that makes sense to you. For example, projects, customers, teams, company channels, etc. Basically: you organize your chats and channels to topics/context and projects.  

You can also collapse sections, so you see only the name of the section and you need to click it open if you want to drill onto it. When there are new messages in the section’s channels or chats the section name will be bolded.  

How about sorting sections? Just drag and drop!  

Each section has its own … menu, and you can define from it how you want the section sorting to behave. 

Custom means that you can drag and drop chats & channels in the section to any order you prefer. Most recent shows chats and channels with recent activities on the top (ie: the order is changing). What I use: Unread only. This automatically hides all chats and channels that don’t have new messages and those with unread messages are shown in the most recent order. And if I want to see the rest of the conversations, I just click See read. 

There are also filters on the top of the view.  

In there you can quickly choose to show only Unread chats & channels. It hides all sections that don’t have any unread conversations. This is the most compact view, and I use this one on Mobile Teams. On desktop I prefer to have all sections visible, so I can see its contents quickly (with one click).  

Other options are to show only Chats (hiding channels) or Channels (hiding chats). It is possible to select to show just meetings and muted conversations.  

@ Mentions view is also a great one. It shows all messages where you have been @mentioned, and when you click the message open it opens on the side pane. 

And there is also the magnifying glass icon on top of the view, next to the new message icon. With the search, it is quick to find sections that contain chats and channels matching what I am searching for, and when I press See read, I see those chats and channels that match the search. As most of my work happens in custom sections, I rarely need to use this search filter. 

What also helps with navigation is the new Goto shortcut Ctrl+G (Cmd+G). This opens the top box for searching, making it easy to discover and jump to any channel or chat you are looking for.   

When using the separate Chat and Teams views, you can still use filters and the @mentions view to triage and organize you list with custom sections, as well as the new message and go to commands navigate quickly across conversations in chats or channels 

You can opt in to show only Channels or you can go with the “old way” Teams and Channels. 

I have the following settings: combined view and showing unread messages selected for each section. My key sections are favorites (this and that that I want to access easily), Copilot and AI (a lot of work and ideation happens here), Copilot Customers, MVP (Microsoft MVP related chats and channels both internal and shared channels) and Metaverse and Mesh is one of custom sections as well. Everything else is under Chat and Channel sections.  

As most of activities happen in Copilot and AI, I have placed these sections to the top. However, despite Metaverse and Mesh being at the bottom of this snip, they stand out whenever there is any activity in channels and chats because I tend to have this “Teamsbox zero” situation with the new experience. If there are messages I need to process later, I have two options: mark as unread (for a short period of time) or add message & task to To Do. I use To Do quite often, but occasionally marking unread is fast and does the job. I have grown a habit I don’t like to see unread messages in my Teams. I know it is not possible for everyone, but I also decided to do a lot of prioritizations, and adding messages as tasks. What I wish Teams had: snoozing a message & notification, just like in Outlook I can snooze an email. Yes, I can do a Flow that notifies me about that message, but it is not the same. Perhaps, one day, we get the snooze action. Fingers crossed!  

The new chat and channels experience in Microsoft Teams is a significant step forward in enhancing my digital workspace. With its unified interface, customizable options, and other tools, it is set to take the next step on the way we collaborate and communicate.  

I have been using this new experience since that private preview came available, and I have noticed that I prefer the new “smooth” streamlined version of Teams. I have my filters set to show only Unread messages and created sections that work the needs I have currently. This changed the way I use Teams, and combining chats & channels was quite a natural step – work is done on both, and people use chats & group chats a lot. It was just a logical decision to combine the view. Teams are there, so I can choose to go to the team view and work on it like before when I need to.  

I used to miss an easy way to get to the team from the combined chats and channels view, but I just found out that there is an easy way to do it!   

💡Tip: If you hover mouse cursor over the channel avatar (channel picture), it opens the channel card which has a link to the team. Note: if you hover over the channel name, the channel card doesn’t appear.  

Link takes you to the team’s Channels-tab 

What I also noticed and learned when using the new combined chats and channel’s view: it is important to use a good team picture. Team picture is used as channel avatar. For me, visuals help to associate the channel with a team, so I know already from the avatar to which team (or to which product, customer or project) the channel belongs to. For example, using the customer logo as a team picture helps to identify which customer team the CAS (Copilot Adoption Service) or General channel belongs to.   💡Tip: use the possibility to change General channel’s name to something more descriptive, as it helps to associate the context with the channel more quickly, especially when using this new combined view experience. Nothing is more confusing than a list of 10-20 General-channels, that don’t have team pictures set.. Channel naming and team pictures are now in a higher priority, than before! Not that they were not very important before, but now it is a good idea to make sure channel stands out from others with he same context. For example, with Project Management channel, it might be a good idea to include project name (or a short version of that) in the beginning of the channel name. Describe the channel name so, that it can be used without the team context. If you have a standing out team picture in use, then having just the name Project Management can work out well.  

This new view and use experience is a big change for a lot of people. The old Teams is changing to something different, yet in the core it is the same Teams. Plan how you communicate and train employees about this new view. It is a powerful one, but not everyone wants to use their time and capacity to learn it from day one.  

Remember: your teams didn’t disappear anywhere – the focus is just on chats and channels, flattening the structure. You can navigate to teams and manage them just like before. Nothing in the base structure has changed: these are teams and teams have owners, members and different types of channels: standard, shared and private. 

Stay tuned – I will be writing more about this new experience!  



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Kitely adds PBR materials support, larger textures – Hypergrid Business

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Kitely adds PBR materials support, larger textures – Hypergrid Business


Kitely has added support for physically based rendering (PBR) materials in both its virtual worlds and on the Kitely Market, the company announced this week. The update also includes support for textures up to 2,048 by 2,048 pixels in size.

PBR materials allow for more realistic textures by simulating how light interacts with different surfaces, such as mud or metal, creating the appearance of raised and lowered areas with realistic light reflection.

Kitely adds PBR materials support, larger textures – Hypergrid Business
(Image courtesy Kitely.)

The feature requires Firestorm 7.1.11 or newer to use.

Kitely is one of the first grids to support PBR materials, having ported the features from the upcoming OpenSim 0.9.3 release into their current OpenSim 0.9.2.2-based system.

“PBR isn’t yet supported in all OpenSim grids,” said Oren Hurvitz, Kitely co-founder and VP of R&D, in the announcement. “This is a feature that will be part of OpenSim 0.9.3, but that version of OpenSim isn’t finished yet so many grids — including Kitely — are still using the latest stable release, which is OpenSim 0.9.2.2. The reason that Kitely can support PBR now is that we ported the PBR features from OpenSim 0.9.3 into our version of OpenSim.”

The Kitely Market has been updated to accommodate the new feature, with the “Textures” category renamed to “Textures and Materials.” Merchants are advised to mention PBR usage in their product descriptions since items using PBR materials may not display correctly on grids that don’t support the feature. Alternatively, merchants can include regular textures as a fallback to ensure their products look okay on all grids.

“Kitely Market is the main marketplace serving the hypergrid so we decided to support the latest graphics options from OpenSim 0.9.3 even before they have been officially released,” Kitely CEO Ilan Tochner told Hypergrid Business.

The update also brings support for reflection probes through LSL scripting, with new PRIM_REFLECTION_PROBE parameters added to GetPrimParams and SetPrimParams functions.

PRB makes reflections seem more realistic. (Image courtesy Kitely.)

While PBR materials can technically be used for terrain textures, Kitely reports encountering several issues during testing. World maps will show objects using PBR materials but display only the basic color texture, not other PBR properties like normal maps or roughness. PBR terrain textures are not currently displayed in world maps.

For content creators, Kitely has added a new “Materials” folder to user inventories for storing PBR materials.

Creators interested in learning more about creating PBR materials refer to Second Life’s documentation on the subject.

Hypergrid Business editor and publisher Maria Korolov is a science fiction novelist. During the day, Maria Korolov is an award-winning freelance technology journalist who covers artificial intelligence, cybersecurity and enterprise virtual reality. See her Amazon author page here and follow her on Twitter, Facebook, or LinkedIn, and check out her latest videos on the Maria Korolov YouTube channel. Email her at maria@hypergridbusiness.com. Her first virtual world novella, Krim Times, made the Amazon best-seller list in its category. Her second novella, The Lost King of Krim, is out now. She is also the publisher of MetaStellar, a new online magazine of speculative fiction.
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N3TWORK Studios Announces Legendary Heroes: Unchained Launch On Base Network

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N3TWORK Studios Announces Legendary Heroes: Unchained Launch On Base Network


In Brief

N3TWORK Studios introduced a new ecosystem alongside its game Legendary Heroes Unchained on the Base network, allowing users to engage as players, creators, and digital asset owners.

N3TWORK Studios Announces Legendary Heroes: Unchained Launch On Base Network

Blockchain gaming studio N3TWORK Studios introduced a new ecosystem along with its game Legendary Heroes Unchained (LHU) on the Base Ethereum layer 2 network. Through the release of Epoch 1, N3TWORK Studios aims to transform the gaming experience by allowing players to engage not only as players but also as active creators and digital asset owners. By merging immersive, strategy-driven gameplay with authentic digital ownership, LHU establishes a fresh benchmark for what on-chain gaming can achieve.

“Legendary Heroes: Unchained’s first Epoch is a fundamental shift in gaming — where players can now truly own and shape their digital destiny,” said Julius Hong, Executive Producer at N3TWORK Studios, to MPost. “Our decentralized NFT heroes with extensible metadata are the building blocks for not just creating a game, but a platform where every player can transform from gamer to creator, forging their own legends in an ever-evolving digital realm. Early adopters don’t just play the game — they’ll help influence its future,” he added.

LHU offers players an onchain gaming experience that extends far beyond simple asset collection, empowering them with extensive customization and ownership options that allow for a highly individualized experience. Players can personalize heroes and lands with unique stats, attributes, and visual elements, creating an experience that reflects their own playstyle and preferences. As the game evolves through different Epochs, players will be able to integrate their assets into personal narratives and potentially even external games, creating connections that extend beyond the boundaries of a single experience.

At LHU’s core are digital assets like heroes and land, forming a flexible and open framework that enables players to create, evolve, and redefine their digital worlds. This framework supports a diverse range of experiences—players can develop their heroes, establish guilds, and build empires, all while retaining ownership of the assets they’ve cultivated. With assets that transcend the LHU ecosystem, players can bring their creations beyond the game, experiencing a blend of creative freedom and ownership that distinguishes LHU from traditional gaming.

In order to foster community-driven innovation, N3TWORK Studios is also making parts of its software open-source, allowing the community to build on its digital framework and contribute to the ongoing development of LHU with their own creations. LHU is not only crafted as a distinct gaming experience but also serves as the first title within the broader Legendary Ecosystem. In this ecosystem, players enjoy true and verifiable ownership of their heroes and lands—assets that will continue to grow in functionality and value as the game’s roadmap progresses.

Legendary Heroes Unchained To Offer Players No-Download, Web And Mobile Premier Gaming Experience

LHU has launched its Epoch 1 on November 7th for Loyalty Pass Holders, with public access opening 24 hours later. Developed using Unity WebGL, LHU is a no-download Hero Collector RPG that provides an innovative and seamless experience for both Desktop Web and Mobile users. The game is designed to be safe, secure, and incredibly easy to use, with support from Coinbase Smart Wallet, Reown (formerly WalletConnect), and FortePay. These Web3 tools facilitate smooth and secure payment transactions, handling both cryptocurrency and fiat conversions effortlessly.

“In the future, we see every digital asset as a gameplay primitive that can be used and combined to create new experiences,” said Neil Young, Chairman at N3TWORK Studios, in a written statement. “With that vision, we have set out to create The Legendary Ecosystem, where play, collaboration, and ownership extend beyond the boundaries of what you have come to expect in games. Legendary Heroes Unchained uses these digital objects to create what will be the first of many experiences crafted for and with players and creators,” he concluded.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author


Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

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Alisa Davidson










Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.








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XLink Releases Whitepaper, Revealing New Architecture for Bitcoin’s DeFi Integration

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XLink Releases Whitepaper, Revealing New Architecture for Bitcoin’s DeFi Integration


XLink, a protocol integrating BTC into the growing decentralized finance (DeFi) economy, recently announced the release of its whitepaper detailing a completely unique approach to the blockchain’s interoperability with other ecosystems. 

The protocol seeks to mitigate some of the most pressing bottlenecks hampering Bitcoin-based DeFi’s growth — more popularly known as BTCFi — using its propriety framework called “Bitcoin-Centric Chain Abstraction.” 

As things stand, BTC’s fledgling economy has a total value locked (TVL) of $2.23 billion — over 22 times what it was during January 2023. 

XLink Releases Whitepaper, Revealing New Architecture for Bitcoin’s DeFi Integration

Total funds locked across various BTC protocols (source: Defillama)

The whitepaper outlines XLink‘s evolution from a simple cross-chain bridge within the Bitcoin-DeFi platform ALEX to overcoming some of the digital asset’s limitations (such as its limited smart contract capabilities).

What is ‘Bitcoin-Centric Chain Abstraction?’

XLink’s core innovation stems from its Bitcoin-Centric Chain Abstraction framework, which allows BTC holders to interact with different networks using only their Bitcoin wallets — thus bypassing the need to manage multiple storage solutions or possess extensive knowledge of crypto-related jargon.

Technically speaking, the abstraction layer is supported by an Intent-Based Routing Engine, which automatically translates user intentions into executable workflows across different networks. 

Rather than requiring users to understand the complexities of cross-chain transactions, the system allows them to specify their desired outcomes, with the protocol handling all technical implementation details automatically.

Technical architecture and security measures

According to the whitepaper, XLink’s revamped digital architecture brings forth a host of notable security features, including a ‘Direct Event Validation’ mechanism that differs from traditional bridging solutions. 

Instead of relying on external validators, the protocol validates Bitcoin events within its own framework, potentially reducing the risk of errors and external manipulations that can occur in conventional systems.

The protocol’s security infrastructure is further strengthened by institutional-grade Multi-Party Computation (MPC) wallets. Developed in partnership with established custody technology providers Cobo and Fireblocks, they require multiple signatures for transaction approvals, adding an additional layer of security for users’ assets. 

Additionally, disaster recovery solutions have also been provided through a partnership with Coincover, addressing concerns related to untimely outages or operational disruptions.

Lastly, to maintain a high level of decentralization and security, XLink has deployed a validator network that combines both signing and non-signing validators. This hybrid approach establishes a two-layer security model that prevents any sort of network takeover attempts while also encouraging community participation when it comes to bolstering network security.

XLink’s operations are currently being overseen by XLinkDAO, a decentralized autonomous organization (DAO) ensuring non-localized governance (via distributed stakeholder participation). 

Their long-term collaboration with ALEX Lab Foundation has facilitated the integration of the Bitcoin Oracle — a cross-chain messaging and consensus layer that enables secure communication between off-chain computation engines on Bitcoin — into their respective digital frameworks.

For institutional users, XLink has positioned itself as a bridge facilitating seamless participation in the Bitcoin economy. The protocol’s infrastructure specifically caters to the needs of family offices, pension funds, and high-net-worth individuals seeking secure exposure to BTCFi. 

Strategic Partnerships and Technology Integration

Earlier this month, XLink announced that it had worked with NEAR Protocol to leverage its propriety ‘Chain Signatures’ technology, enabling smart contracts to execute transactions across multiple blockchains while simultaneously enhancing the platform’s throughput and confirmation rates.

Not only that, the NEAR Protocol integration also improves the efficiency of XLink’s aforementioned Bitcoin Oracle while also signaling a shift from traditional “lock-and-mint” mechanisms to more efficient account-based routing for cross-chain asset transfers. 

As a result, users can have a more streamlined experience, particularly when it comes to interacting with L2 smart contracts (since all they have to do is use a Bitcoin wallet for managing their transactions).

Finally, XLink’s integration with prominent ecosystems, including Stacks and Core Chain, aims to create a more cohesive DeFi landscape where users can leverage the strengths of multiple networks while maintaining Bitcoin as their primary asset.

Looking ahead, it will be interesting to see how BTCFi continues to mature and how XLink’s Bitcoin-Centric Chain Abstraction paves the way for future blockchain interoperability solutions. Interesting times ahead!

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author


Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.



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Trump’s First Presidency: Could Bitcoin Soar to $1.5M? – Metaverseplanetinet

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Trump’s First Presidency: Could Bitcoin Soar to .5M? – Metaverseplanetinet


Donald Trump’s election victory has sparked optimistic predictions about Bitcoin (BTC). Some analysts suggest that BTC could rise by approximately 1900% over the next four years, potentially reaching $1.5 million. But what supports this forecast?

The recent U.S. election results, which led to Donald Trump’s victory, have drawn significant attention from cryptocurrency investors. Following the outcome, Bitcoin (BTC) hit a new record high, with market sentiment showing an uptick.

Some believe that this could mark the beginning of a new era for Bitcoin’s price. Since Trump has won the presidency for a second time, analysts are now speculating that BTC could indeed reach $1.5 million by 2028. What underpins this bold thesis?

Trump’s First Presidency: Could Bitcoin Soar to $1.5M?Trump’s First Presidency: Could Bitcoin Soar to $1.5M?

BTC experienced a 1900% increase during Donald Trump’s first presidential term. The chart reveals how BTC’s price surged by over 1900% between 2016 and 2020. Using this historical performance as a reference, analysts believe BTC has the potential to hit $1.5 million.

Considering today’s market dynamics, such a figure may appear ambitious. However, it’s not entirely implausible.

For BTC to reach $1.5 million, its market cap would need to grow to about $28.5 trillion. As governments continue printing money and our lives transition further into the digital realm, this scenario could become a reality. It remains to be seen how BTC’s price will evolve as we approach 2028.

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Lamborghini Ventures into NFTs: A New Era for Luxury Cars – Metaverseplanet.net

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Lamborghini Ventures into NFTs: A New Era for Luxury Cars – Metaverseplanet.net


The interest of major companies in the blockchain industry continues to grow. Italy-based luxury sports car manufacturer Lamborghini is launching its NFT platform “Revuelto” in partnership with Transak and Animoca Brands.

This collaboration aims to deliver an exclusive experience for users in the gaming world, allowing them to drive custom digital Lamborghinis. Lamborghini’s latest initiative highlights the brand’s commitment to innovation in digital collectibles and Web3 technologies.

Lamborghini Ventures into NFTsLamborghini Ventures into NFTs

Transak, responsible for the project’s payment infrastructure, will provide users with various payment options, including bank transfer and credit card payments. The company assured that, despite a recent phishing attack impacting the data of 92,000 users, all financial data remains secure.

Although the NFT market outlook remains generally bearish, Lamborghini’s investment in this space is notable. In October, NFT trading volume reached $356 million, an 18% increase from the previous month, though still far below the record high of $1.6 billion in March 2024.

Commenting on Lamborghini’s NFT strategy, Harshit Gangwar, Transak’s head of marketing and investor relations, stated, “For prestigious automotive brands, NFTs provide a unique platform to strengthen brand loyalty and connect with fans.”

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How to Buy Bitcoin: A Comprehensive Guide for Beginners – Metaverseplanet.net

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How to Buy Bitcoin: A Comprehensive Guide for Beginners – Metaverseplanet.net


Bitcoin is everywhere. The surge in popularity over the past year has led to a significant rise in interest in cryptocurrencies. However, many people are still unsure how to buy Bitcoin or even where to buy Bitcoin safely and efficiently.

With so many platforms and methods to choose from, it can be challenging to decide on the right way to purchase Bitcoin. Each site offers different services, making it tricky to find the one that best suits your needs.

That’s where this guide comes in!

In this article, I’ll answer common questions like where to buy Bitcoin and how to invest in it right now. We’ll cover everything from exchanges to Bitcoin ATMs and more. By the time you finish reading, you’ll have a clear understanding of the Bitcoin purchase options that fit your needs best.

How to Buy Bitcoin: What is Bitcoin?

How to Buy Bitcoin

To put it simply, Bitcoin is a digital currency used to buy and sell goods and services. Unlike traditional physical money, Bitcoin is completely digital. There is no government or bank that issues, stores, or controls Bitcoin.

Bitcoin can be used for low-cost international transactions and is the first payment system that is not controlled by any central authority.

All Bitcoin information is stored in a secure online database called a blockchain. Instead of being printed like traditional currencies (USD, JPY, EUR, etc.), Bitcoin is created by computers that maintain the blockchain. These computers confirm Bitcoin transactions and are rewarded with new Bitcoin through a process known as mining. The computers performing this work are called miners.

For over seven years, Bitcoin has provided a profitable investment avenue for many people, and it continues to offer returns.

Can Bitcoin Be Bought in Smaller Pieces?

Absolutely! If you’re wondering whether it’s possible to buy half a Bitcoin, a quarter, or even a tenth of a Bitcoin, the answer is YES. You don’t need to buy a full Bitcoin to get started.

Each unit of Bitcoin can be divided down into Satoshis. In fact, 1 Bitcoin can be split into 100,000,000 Satoshis.

Here’s what different portions of Bitcoin look like:

1 Bitcoin: 1.00000000

Half a Bitcoin: 0.50000000

A quarter of Bitcoin: 0.25000000

A tenth of a Bitcoin: 0.10000000

You can purchase as much or as little as you want! Platforms like Coinbase even allow you to buy $1 worth of Bitcoin.

Now that you know you don’t need to buy a whole Bitcoin, let’s take a closer look at how to buy Bitcoin.

Quick Tip: The term Satoshi comes from Satoshi Nakamoto, the anonymous creator of Bitcoin.

Where to Buy Bitcoin with a Credit or Debit Card?

The best way to answer how to buy Bitcoin is by using a Bitcoin exchange. Exchanges are platforms that allow you to buy Bitcoin easily with a debit card or other payment methods. The top options I recommend are Coinbase, Kraken, and Binance.

These platforms are compatible with both computers and mobile devices, making it convenient to manage your Bitcoin purchases on the go. Setting up an account is straightforward, and they provide a seamless way to begin your Bitcoin journey.

Once you’ve selected a cryptocurrency exchange that meets your requirements, it’s time to sign up!

Let’s dive into how to buy Bitcoin by creating an account on Coinbase and walking through the first steps of your Bitcoin purchase.

1. Go to Coinbase and click “Get Started“.

2. You will see the following screen:

3. Enter your first and last name.

4. Enter your email address.

5. Enter a password you’ll remember!

6. Verify that you are not a robot.

7. Now log in to your email (the one you use for Coinbase). An email will have arrived from the platform. Click on the link to verify your email address.

8. When you log in, you need to verify your mobile number for Two-Factor authentication.

9. You will receive a message with a 7-digit activation code on your mobile phone.

10. Enter the activation code on Coinbase.

11. Upload some form of identification (Passport, Driver’s License, or a Photo ID).

12. Choose a payment method.

13. Confirm your payment method.

Ready to Dive into Crypto? Start with Coinbase!

Coinbase offers a user-friendly platform to buy, sell, and store a wide range of cryptocurrencies.

How to Buy Bitcoin:

Create a Coinbase Account: Sign up for a free account and verify your identity.

Fund Your Account: Link your bank account or debit/credit card to deposit funds.

Buy Bitcoin: Select Bitcoin and choose the amount you want to purchase.

Secure Your Bitcoin: While Coinbase provides a secure wallet, it’s recommended to transfer your Bitcoin to a hardware wallet like Ledger Nano S for enhanced security.

Start Your Crypto Journey Today!

1. From Coinbase’s homepage, click on “Buy/Sell“.

2. Select Bitcoin and Enter Your AmountChoose the Bitcoin (BTC) option and enter the amount you want to spend. The amount you entered will be displayed in Bitcoin. For example, if you enter £100, you might receive around 0.0117 BTC (depending on the current exchange rate).

3. Confirm Your PurchaseClick on “Buy Bitcoin Instantly” to complete the transaction. That’s it!

4. Check Your Bitcoin WalletClick on the Accounts tab at the top of the page. Here, you’ll see the Bitcoin in your wallet, ready to use or hold!

Buying Other Cryptocurrencies on Coinbase

In addition to Bitcoin, you can also purchase other popular cryptocurrencies like Litecoin, Ethereum, and Bitcoin Cash on Coinbase. Now that you know how to buy Bitcoin, you can easily add Litecoin, Ethereum, and Bitcoin Cash to your portfolio!

Ethereum is particularly noteworthy as the second-largest cryptocurrency by market capitalization (with Bitcoin as the first). To learn more, check out our Ethereum vs Bitcoin guide.

Market Cap: The total value of all coins in circulation. For instance, Bitcoin’s market cap is calculated by summing the value of all Bitcoins in existence.

How to Buy Bitcoin Anonymously with Cash?

When you first consider buying Bitcoin, you might wonder how to do it anonymously. The easiest way to buy Bitcoin anonymously is by using LocalBitcoins.

How to Buy Bitcoin on LocalBitcoins

LocalBitcoins is a peer-to-peer platform that allows you to buy Bitcoin directly from other people, without extensive verification. Here’s how you can use it to buy Bitcoin anonymously:

Cash Purchase with Local VendorsYou can arrange to meet sellers in person and buy Bitcoin with cash if there are vendors near you.

Bank Transfer from Other UsersLocalBitcoins allows you to buy Bitcoin through bank transfers from other sellers on the platform.

Direct Bank DepositAlternatively, you can deposit money directly into the seller’s bank account by visiting a bank branch.

Some sellers on LocalBitcoins may request identity verification for bank transfers, but the most common way to buy anonymously is through in-person transactions with cash.

Now you know where and how to buy Bitcoin anonymously with LocalBitcoins!

Buying BTC Using an ATM

How to Buy Bitcoin: Bitcoin ATMHow to Buy Bitcoin: Bitcoin ATM

If you’re wondering how to buy Bitcoin without using an ID, Bitcoin ATMs are a convenient option. Bitcoin ATMs allow you to buy Bitcoin with cash or a debit/credit card.

However, Bitcoin ATMs are still somewhat limited in availability, as they’re only located in countries where Bitcoin use is permitted. Here’s a step-by-step guide on how to buy Bitcoin at a Bitcoin ATM:

Select “Buy Bitcoins”Start by selecting the “Buy Bitcoins” option on the ATM.

Enter Your Mobile Phone NumberInput your phone number, and you’ll receive a verification code by SMS.

Enter the Verification CodeEnter the code provided in the ATM to proceed.

Provide Your Bitcoin Wallet AddressThe ATM will ask for your Bitcoin wallet address.

Don’t Have a Wallet? If you don’t have a Bitcoin wallet, select “I don’t have a bitcoin wallet address.” The ATM will generate a new wallet for you and print out a paper with your public and private keys. Be sure to store this securely, as it contains access to your Bitcoin.

Enter Your Wallet AddressProvide the Bitcoin wallet address where you’d like your Bitcoins to be sent.

Deposit Cash or Use a CardInsert your cash or card at the ATM.

Click “Send”Once you’ve completed the transaction, click on “Send.” The Bitcoins will be sent to your wallet almost instantly.

And that’s it! One more answer to the question of how to buy Bitcoin—quick and easy with a Bitcoin ATM.

Storing Your Bitcoins Safely

Now that you know how to buy Bitcoin, let’s explore the best methods to secure your Bitcoins. Protecting your assets is crucial in the world of digital currencies, and there are several ways to ensure they remain safe.

Hardware Wallets

After purchasing Bitcoin, a secure storage method is essential. The safest and most highly recommended option is to store your Bitcoins in a hardware wallet.

While hardware wallets do have a cost, they provide an extra layer of security that’s well worth it. If you want to protect your investment, consider purchasing one of these options:

Ledger Nano S: The Ledger Nano S allows you to store Bitcoin, Ethereum, and various other cryptocurrencies. Known for its user-friendliness, it offers much better security than online wallets. The Ledger Nano S is priced around $95.

Trezor Wallet: Widely regarded as one of the most secure wallets, the Trezor wallet stores your keys on a small hardware device similar to a USB. Unlike typical USB devices, the Trezor wallet is virus-resistant. Priced around $99, it only connects to the internet when plugged into a computer, making it much harder for hackers to access.

SSL Certificates

Whenever you log in to a cryptocurrency exchange site, make sure it has an SSL certificate. This is shown by the green text and lock icon next to the site’s URL, indicating the site is secure.

An SSL certificate ensures that information entered on the site remains encrypted and protected. This is particularly important when dealing with Bitcoin exchanges, as an SSL certificate helps shield your personal information and wallet from potential hackers.

Quick Tip: If you frequently visit sites like LocalBitcoins or Coinbase, bookmark the real SSL-secured website. This way, you can easily access it directly from your bookmarks, avoiding the risk of counterfeit sites.

Two-Factor Authentication (2FA)

When setting up your account on an exchange like Coinbase, enable two-factor authentication (2FA). This adds an additional layer of protection to your account. Here’s how it typically works:

Enter your mobile phone number on the exchange site.

The exchange will send a code to your phone.

Enter the code on the site to complete your login.

Now, each time you try to log in, you’ll receive an SMS with a new code. Hackers would need both your username, password, and mobile phone to access your account, significantly enhancing security. Note: Some exchanges use email-based 2FA, but SMS is generally more secure as email passwords can be easier to hack.

Google Two-Factor Authentication

Google Two-Factor Authentication is similar to SMS-based 2FA but uses the Google Authenticator app instead of a mobile number. Not all exchanges offer this option, but here’s how to set it up if they do:

Open your account settings.

Select Two-Factor Authentication.

Install Google Authenticator on your phone.

Either scan the barcode or enter the code provided by the exchange in the app.

Enter the Google Authenticator code on the exchange site.

Once enabled, you’ll need to open the Google Authenticator app to get a new code each time you log in, as the code changes continuously. This method is more secure than SMS-based 2FA, as the Google Authenticator app is harder for hackers to compromise.

When to Buy Bitcoin?

Knowing when to buy Bitcoin isn’t always straightforward. The market fluctuates constantly, making it challenging to determine the perfect time to invest. For current prices and historical data, I recommend visiting CoinMarketCap. Here, you can find the Bitcoin price chart, which shows Bitcoin’s current price and price history.

So, once you’re familiar with the process of buying Bitcoin, it’s essential to consider the timing. Bitcoin’s price is highly volatile, and your goal should be to buy Bitcoin at the lowest price possible to maximize your return on investment.

For a deeper dive into market trends and strategies, refer to our guide on Bitcoin price prediction.

BinanceBybitKrakenIs it reliable?Is it reliable?Is it reliable?Yes, known as a leading exchange platform.Yes, known for very low transaction fees and great functionality.Yes, known for being safe and reputable.ProsProsPros– Leading exchange platform– Over 500 cryptocurrencies– Two-factor authentication– Very low transaction fees– Exceptional functionality– Mobile trading app– Safe and reliable– Low fees– Accepts multiple fiat currenciesKey FeaturesKey FeaturesKey Features– Over 500 cryptocurrencies– Strong security– Low withdrawal fees– Very competitive trading fees– Intuitive mobile app– Up to 100x leverage– Reputable exchange– Multiple fiat currencies accepted– Relatively low trading fees

What Is the Best Way to Buy Bitcoin? You decide.

When purchasing Bitcoin with cash, you can keep your identity private by using a Bitcoin ATM or LocalBitcoins. However, both methods can require a bit of time. For example, if you choose a Bitcoin ATM, you’ll need to take the time to find and travel to the machine. If you prefer LocalBitcoins, you may need to meet with the seller in person or go to a bank to send payment.

Note: While some bank transfers allow anonymous transfers without requiring personal identification, this option is only available in certain countries.

Fast Ways to Buy Bitcoin

If you’re looking for a faster method, exchanges like Coinbase, Kraken, and Binance can be excellent options. These exchanges do require identity verification, but you can still use a debit or credit card for payment, streamlining the process.

Location Considerations for Bitcoin Purchases

Your location also plays a role in where you can buy Bitcoin. For example, if you’re in the U.S., CEX.io might not be a viable option since it only operates in select states. Check the CEX.io website to confirm availability in your area.

Additionally, Coinbase is not available in much of Asia, Africa, and South America. The good news is that Coinmama operates in a large number of countries worldwide, offering broader accessibility.

Final Tips for Buying Bitcoin

For fast purchases, you can choose exchanges like Coinbase, Binance, or Kraken. If Coinbase or CEX.io isn’t available in your region, try Coinmama.

If privacy is your top priority, consider using LocalBitcoins or a Bitcoin ATM. For additional security when using PayPal, Coinbase is a reliable option. With these options, you’re well-equipped to purchase Bitcoin securely. Feel free to reach out with questions—I’m here to help!

This content is not intended to provide financial, investment, trading, or any other type of advice. Metaverseplanet.net does not endorse or advise any decisions regarding the purchase, sale, or storage of cryptocurrency. Always consult your financial advisor before making any investment decisions

How to Buy Bitcoin by Exchange

Purchasing Bitcoin through exchanges like Binance, Kraken, Coinbase, and OKX is a straightforward process. Here’s a step-by-step guide for each platform:

1. Binance

Account Creation: Visit Binance’s website and sign up for an account.

Verification: Complete the Know Your Customer (KYC) process by providing necessary identification documents.

Deposit Funds: Navigate to the “Buy Crypto” section to deposit funds via bank transfer, credit/debit card, or other available methods.

Purchase Bitcoin: Once your account is funded, go to the “Markets” section, select the BTC trading pair, and execute your purchase.

2. Kraken

Account Creation: Go to Kraken’s website and create an account.

Verification: Complete the KYC process by submitting the required identification documents.

Deposit Funds: After verification, deposit funds through bank transfer or other supported methods.

Purchase Bitcoin: With funds in your account, navigate to the “Trade” section, select the BTC trading pair, and place your order.

3. Coinbase

Account Creation: Visit Coinbase’s website and sign up for an account.

Verification: Complete the identity verification process as prompted.

Add Payment Method: Link your bank account or credit/debit card to your Coinbase account.

Purchase Bitcoin: Go to the “Buy/Sell” section, select Bitcoin, enter the amount, and confirm your purchase.

4. OKX

Account Creation: Access OKX’s website and register for an account.

Verification: Complete the KYC process by providing the necessary identification documents.

Deposit Funds: Deposit funds via bank transfer, credit/debit card, or other available methods.

Purchase Bitcoin: Once funded, navigate to the “Trade” section, select the BTC trading pair, and execute your purchase.

Important Considerations:

Fees: Each platform has its own fee structure. For instance, Binance offers competitive fees, while Coinbase’s fees may be higher. Investopedia

Security: Ensure you enable two-factor authentication (2FA) and follow best security practices on all platforms.

Availability: Some platforms may have regional restrictions. Verify that the exchange operates in your country before proceeding.

By following these steps, you can purchase Bitcoin on any of these exchanges. Always conduct thorough research and consider the security measures each platform offers before making a decision.

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Ethereum Foundation Announces Activation Of Mekong, First Short-Term Pectra Testnet

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Ethereum Foundation Announces Activation Of Mekong, First Short-Term Pectra Testnet


In Brief

Ethereum Foundation launches the Mekong testnet to test the upcoming Pectra fork, which includes all the EIPs planned for the upgrade.

Ethereum Foundation Announces Activation of Mekong, the First Short-Term Pectra Testnet

Non-profit organization focused on supporting Ethereum, the Ethereum Foundation announced plans to launch the Mekong testnet, a short-lived environment for testing the upcoming Pectra fork. This testnet includes all the Ethereum Improvement Proposals (EIPs) slated for the Pectra upgrade, such as user experience (UX) improvements via EIP-7702, staking changes through EIP-7251, and updates to deposit and exit mechanisms with EIPs-6110 and 7002.

Mekong is designed as a testing ground for wallet developers to explore UX changes and for stakers to build confidence in the upcoming updates. While the testnet will be brief, it is feature-complete with all the planned EIPs for Pectra. Any minor adjustments or additional smaller EIPs may emerge, but the core features will eventually be integrated into public testnets and, ultimately, Ethereum‘s mainnet.

In order to begin using the Mekong testnet, users need to visit the network’s landing page, where they can add the network to their browser wallet, access block explorers, request funds from the faucet, and connect to a JSON RPC endpoint.

This upgrade includes several UX-specific EIPs, and there is anticipation around how wallets will implement these changes. Users are encouraged to experiment with the new features and provide feedback to the projects involved.

Additionally, users can run a node on the testnet, which requires both an Execution and Consensus layer node, similar to the Ethereum mainnet. The Mekong testnet will also serve as the first platform to trial updates to the staking workflow in Pectra, particularly changes to the deposit and withdrawal processes.

What Is Pectra Upgrade? 

Pectra, short for Prague – Electra, is the upcoming network upgrade for Ethereum. “Prague” refers to the upgrade on the execution client side, while “Electra” pertains to the changes on the consensus layer client side. Pectra includes three key features, along with several smaller EIPs. The primary updates are: Max effective balance, Account abstraction, and Execution Layer-triggered exits.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author


Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

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Alisa Davidson










Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.








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7 Brands Engaging Gen Zers with Custom Roblox Experiences

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7 Brands Engaging Gen Zers with Custom Roblox Experiences


Gaming platforms in the metaverse have become an essential part of younger generations’ daily digital lives as they offer a highly interactive way to connect and socialize virtually, with a heightened focus on personalization. Roblox is one of the largest metaverse platforms at 80+ million active users daily spending an average of 2.4 hours on the platform, which is more time spent daily than YouTube, TikTok, Instagram and Netflix combined. With over half of the community younger than age 13, the platform offers brands an opportunity to reach younger audiences by building custom Roblox experiences.

Roblox users represent themselves as one of two types of avatar styles, and personalize them through branded avatar goods called UGCs. Ranging from clothing and accessories to hairstyles and makeup looks, the digital items Roblox avatars can wear are highly customizable. As players explore different brand worlds, they raise awareness and visibility of products they’re wearing. 

The number of brands and retailers creating gamified experiences and selling virtual goods on Roblox is growing fast, gaining attention from high-profile multinational brands looking to reach its highly-engaged, youthful audience. Roblox monetizes experiences by allowing brands and creators to sell digital items in their in-game stores or on its avatar marketplace in return for its virtual currency, which users can purchase using real-world money. 

Here Are 7 Roblox Brand Experiences:

1. Walmart Discovered

Walmart developed their Walmart Discovered activation to emphasize the importance of creators on Roblox—spotlighting 300+ community creators for users to discover, shop and vote on across departments. The retail-giant wanted to empower Roblox players to find something that resonated with them, encouraging them to discover new UGCs and experiences. In Walmart Discovered, players could navigate the immersive space with their sidekick virtual cart, nominate their favorite UGCs and experiences to show creators their support, play various mini-games against friends, unlock exclusives like backgrounds for your avatars to take pictures with and more. 

2. Fenty Beauty + Skin Experience

Fenty Beauty launched a limited-time Roblox experience featuring key products from Fenty Beauty, Fenty Skin and Fenty Fragrance, to engage fans of the brand. The experience featured exclusive UGCs such as a virtual beanie (also available IRL in keychain format), custom branded mini-games and a dynamic leaderboard displaying the top fan-made lip glosses of the week. Every week, players could create fully-custom glosses, designing everything from the bottle design and shade name to ingredients and effects. The unique glosses were then displayed on the selves of the virtual Sephora Experience for others to vote on. At the end of the four-week activation, Rihanna herself voted on her favorite lip gloss to create IRL through Fenty Beauty. 

3. The amikaverse

Haircare brand, amika, launched the amikaverse as an extension of the brand’s purpose, embodying their commitment to inclusion, responsibility and sustainability. The beauty brand also highlighted self-expression in the experience, featuring exclusive digital wearables from vibrant hairstyles to a hair dryer jetpack. Amika even held a digital sweepstakes offering users the chance to receive a limited-edition, vibrant jacket inspired by the brand’s iconic packaging. 

Upon entering, visitors are greeted with a Bestie to help them navigate the immersive, play-driven world—each leading to a different section of the experience corresponding to their character: Stylist, Gardener and Recycler. Stylists guide players to the Salon, where they could hone in on their hair expertise and address the diverse set of hair concerns presented by various NPCs. With Gardener besties, users venture to the Garden where they grow and harvest ingredients of different amika products. The Recycler path highlights the brand’s commitment to sustainability, empowering players to explore the amikaverse and collect materials to combine into packaging. Once users have the hair care knowledge, ingredients and packaging, they’re able to tap into their creativity and create custom products to gift to friends within the experience. Learn more about the amikaverse, developed by Obsess. 

Roblox Virtual Stores by Obsess to promote shoppingRoblox Virtual Stores by Obsess to promote shopping

4. My Hello Kitty Cafe: Tycoon

Japanese entertainment company, Sanrio, followed the popular tycoon style for their Hello Kitty experience, allowing Roblox players to create, manage and decorate their own cafe, rain or shine. Visitors are greeted with Sanrio’s famously adorable, kawaii characters in the immersive experience, before hopping behind a counter to serve other players or shop other tycoons’ shops. By completing challenges and playing custom mini-games, users could unlock rewards or win exclusive UGCs by entering giveaways. Hello Kitty made the experience extra immersive by featuring a dynamic environment: updating décor for holidays, showcasing seasonal changes such as weather and alternating between night and day.  

5. Barbie Dreamhouse: Tycoon

Build your own Malibu dreamhouse with Mattel’s Barbie Dreamhouse Tycoon Roblox activation. With up to four floors and 30 rooms, ranging from a yoga studio and walk-in closet to a helipad, players can build a dream home only found in Barbie’s world. Just like Barbie herself, Roblox players can try different careers via mini games in the experience or just beach and hang out in Malibu Town Square. Similar to IRL Barbies, the gamified experience highlights the ability to customize and accessorize—from the iconic blonde ponytail to fabulous outfits and makeup, there is no shortage of UGCs for these avatars. 

6. The Ralph Lauren Winter Escape

Ralph Lauren ventured into Roblox with a limited-term experience called “The Ralph Lauren Winter Escape” that offered a digital collection of gender-neutral clothing. Avatars could wear up to eight sportswear looks and select items from the current collections. Ralph Lauren’s Roblox experience had new product drops on a weekly basis, from new looks to limited-edition accessories and surprise bonus items. Christina Wooton, Roblox’s Vice President for Global Partnerships, commented, “This new digital experience is meant to further express Ralph Lauren’s focus on digital innovation, following its virtual store experience [by Obsess].”

7. Crocs World: Tycoon

Crocs World: Tycoon on Roblox allows players to harness the power of imagination and personalization in a park revolving around the iconic footwear—with custom colors, shapes and Jibbitz charms. Players can explore the beach-themed park in a Crocs Car or via Crocs Jetpack and earn likes within the game to unlock new attractions and customization possibilities. Further leaning into personalization in their virtual endeavors, Crocs launched a virtual Jibbitz Experience with Obsess, centered around self-expression, gamification and education. The Obsess-powered virtual experience showcases the brand’s iconic Jibbitz charms with innovative features such as the custom-built claw game and the groundbreaking 3D Jibbitz Customizer, empowering consumers to create their own unique pair of Crocs to be purchased directly in the virtual environment.

Obsess develops shopping-focused, Roblox experiences for brands on the platform, leveraging tactical merchandising and custom mini-games to promote purchases. Each aspect of an Obsess-powered virtual experience on Roblox is designed based on years of 3D spatial data from 350+ virtual stores. Obsess also extends ROI of Roblox brand experiences by pairing them with a virtual store, empowering consumers to shop both physical and digital products. While the Roblox platform does not currently allow users to purchase physical items in the virtual experience (coming 2025 with the launch of the Shopify partnership), Obsess-powered virtual stores do via e-commerce integration. Creating a virtual experience that is accessible across platforms extends the reach of a single activation and speaks to different audience groups wherever they are. 

Roblox provides a huge opportunity for brands to engage younger generations in the metaverse. Forward-thinking brands are setting up virtual worlds in Roblox and on their own websites, such as with virtual stores. To learn more about creating a custom brand activation on Roblox, book a demo or email contact@obsessvr.com. 



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Bitcoin ATMs: Usage and Functionality Explained – Metaverseplanet.net

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Bitcoin ATMs: Usage and Functionality Explained – Metaverseplanet.net


A Bitcoin ATM (Automated Teller Machine) or BTM (Bitcoin Teller Machine) is a physical kiosk that facilitates Bitcoin transactions, bypassing the traditional banking system. As the value of cryptocurrencies rises and more people rely on digital assets, these machines have become increasingly popular.

Unlike regular ATMs, BTMs connect directly to a Bitcoin wallet rather than a bank account. Users transact through their Bitcoin wallets, where coins are deposited or debited. Some Bitcoin ATMs even resemble traditional ATMs, modified with specialized software to process Bitcoin transactions.

A Brief History of Bitcoin ATMs

Bitcoin ATMs: Usage and Functionality Explained

The world’s first Bitcoin ATM was installed on October 29, 2013, with a Robocoin machine located at Waves Coffee Shop in Vancouver, Canada. Though it ceased operations in 2015 due to technical issues, it remains a pioneering milestone in cryptocurrency ATM history. Over the years, Bitcoin ATMs have encountered regulatory challenges, leading to regulations similar to those for traditional ATMs, such as setting daily transaction limits.

How Does a Bitcoin ATM Work?

Bitcoin ATMs connect to a cryptocurrency exchange to facilitate Bitcoin purchases. When users deposit traditional currency, the machine converts it into Bitcoin and deposits it into their digital wallet, recorded on the blockchain — the decentralized ledger that tracks all cryptocurrency transactions. To use a Bitcoin ATM, users typically scan a QR code from their digital wallet, deposit cash, and receive the equivalent amount of Bitcoin in their wallet.

Risks and Limitations of Bitcoin ATMs

Though Bitcoin ATMs offer accessibility, they also come with certain risks and limitations. Due to regulations, many Bitcoin ATMs no longer provide anonymity; users are often required to verify their identity, particularly for larger transactions. Additionally, Bitcoin ATM fees are typically higher than other transaction methods, with fees varying by machine and operator.

The Current State of Bitcoin ATMs

Today, over 30,000 Bitcoin ATMs operate globally, with nearly 90% located in the United States. North America leads the market, with BTMs often found in cafes, retail stores, and transportation hubs like train stations and airports.

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Rain Secures a Massive $24.5 Million in Series A to Revolutionize...

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Rain, a global crypto card issuing platform powered by stablecoins, has successfully raised $24.5 million in a Series A funding round led by...