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TRON Welcomes NFT Collectors into the MegaCryptoPolis Metaverse
metaverse

TRON Welcomes NFT Collectors into the MegaCryptoPolis Metaverse

It’s no secret that TRON has been eyeing a foray into NFTs and digital collectibles for some time; only last week, Justin Sun was pipped to the punch to purchase Beeple’s NFT art collection at Christie’s. The TRON founder placed a last-minute bid that fell just short of the $69 million the work eventually went for.

MetaWeek to Take Place in Dubai on March 7-10, 2022, Shaping the Future Trends for Metaverses and Blockchain
metaverse

MetaWeek to Take Place in Dubai on March 7-10, 2022, Shaping the Future Trends for Metaverses and Blockchain

Investors, NFT artists, blockchain brightest minds, DeFi experts and DAO representatives will converge to UAE for a week-long event with a full-scale trailblazing digital and physical networking experience. Community leaders will discuss what will define development of blockchain space and the upcoming realm of Metaverses.

MetaWeek in Dubai to bring together artists, NFT creators, investors, and blockchain Masterminds
metaverse

MetaWeek in Dubai to bring together artists, NFT creators, investors, and blockchain Masterminds

A week-long event, set for March 7-10, 2022, will cover how paradigm-shifting technologies revolutionize and scale in industries like finance, art, cybersecurity, media and investment.

Krafton Partners with Solana Labs to Develop blockchain-based Games
metaverse

Krafton Partners with Solana Labs to Develop blockchain-based Games

Game developer for PC and mobile devices Krafton partners with Solana Labs to develop blockchain-based games and services in the Metaverse world.

NFT Transactions Projected to Hit $40m by 2027 amid Metaverse Trend
metaverse

NFT Transactions Projected to Hit $40m by 2027 amid Metaverse Trend

NFT transactions are expected to reach $40 million by 2027 as the metaverse trend continues gaining steam, according to a report by Juniper Research.

Yuga Labs Acquires Roar Studios to Expand Metaverse Vision
metaverse

Yuga Labs Acquires Roar Studios to Expand Metaverse Vision

Yuga Labs, known for Bored Ape Yacht Club, has agreed to acquire Roar Studios, enhancing its metaverse vision.

BNB Chain: Driving the Next Billion User Revolution in Web3, NFTs, and the Metaverse – An Exclusive Interview
metaverse

BNB Chain: Driving the Next Billion User Revolution in Web3, NFTs, and the Metaverse – An Exclusive Interview

Discover BNB Chain's strategy for onboarding 1 billion Web3 users, bridging the decentralized tech gap, managing transaction costs, and future platform developments in our exclusive interview.

China Targets Overseas Telecom Fraud Leveraging Blockchain, Crypto, Metaverse, and AI
metaverse

China Targets Overseas Telecom Fraud Leveraging Blockchain, Crypto, Metaverse, and AI

China's crackdown on overseas telecom fraud emphasizes legal action against crimes using blockchain, crypto, metaverse, and AI, aiming to protect public interests.

McDonald's Hong Kong Partners with Sandbox to Launch First Metaverse Experience, McNuggets Land
metaverse

McDonald's Hong Kong Partners with Sandbox to Launch First Metaverse Experience, McNuggets Land

McDonald's Hong Kong has teamed up with The Sandbox to create the first Web3 experience platform. This partnership has resulted in the launch of "McNuggets Land", a unique metaverse gaming experience that marks the 40th anniversary of McNuggets.

CSOP to List First Metaverse Concept ETF on HKEX
metaverse

CSOP to List First Metaverse Concept ETF on HKEX

CSOP Asset Management Limited is set to launch Hong Kong's first Metaverse exchange-traded fund on February 21, 2022, according to the company's disclosure document.

Three Metaverse Reference Rates From CME Group
metaverse

Three Metaverse Reference Rates From CME Group

CME Group and CF Benchmarks will launch reference rates for Axie Infinity Shards AXS, Chiliz (CHZ), and Decentraland's MANA. Sector-specific portfolios may be priced using reference rates and indices. CME Group introduced Bitcoin and Ether options last year.

The Sandbox (SAND) Secures $20 Million in Funding at $1 Billion Valuation to Boost Metaverse Creator Economy
metaverse

The Sandbox (SAND) Secures $20 Million in Funding at $1 Billion Valuation to Boost Metaverse Creator Economy

The Sandbox (SAND) raises $20 million to expand its creator economy in the open metaverse.

The Sandbox (SAND) Partners with Food Angel to Launch 'Food Rescue World'
metaverse

The Sandbox (SAND) Partners with Food Angel to Launch 'Food Rescue World'

The Sandbox collaborates with Food Angel to blend gaming and charity in 'Food Rescue World'.

Web3-MI Develops CryptoVillages for Enhanced Crypto Gaming Experience
metaverse

Web3-MI Develops CryptoVillages for Enhanced Crypto Gaming Experience

Web3 Metaverse Innovations Pty Ltd, or Web3-MI, an Australian-based crypto consultancy group, is at the forefront of creating CryptoVillages, a play-to-earn game, to boost the gaming experience.

Metaverse will change the world in 2022
metaverse

Metaverse will change the world in 2022

After Facebook has announced to change its name to "Meta" last summer, the whole world has focused on a term called "Metaverse". The word "Metaverse" has been searched in Google and Youtube every day. However, Meta is not a decentralized organization that is not a Decentralized Autonomous Organization (DAO), a Web.30 concept, and GameFi players may not like it.

Animoca Brands subsidiary Darewise Entertainment Secures US$3.5M for Bitcoin Metaverse Ecosystem Token
metaverse

Animoca Brands subsidiary Darewise Entertainment Secures US$3.5M for Bitcoin Metaverse Ecosystem Token

Darewise Entertainment raised US$3.5 million via a token pre-sale on 17 October 2023, ahead of its Bitcoin metaverse ecosystem token launch, aimed at enhancing the development of its game Life Beyond. With significant backing from notable investors and strategic support from Horizen Labs for a 2024 token release, the project marks a substantial stride toward creating a Bitcoin-powered gaming metaverse.

PwC Hong Kong and TerraZero Partner to Explore Metaverse Products
metaverse

PwC Hong Kong and TerraZero Partner to Explore Metaverse Products

PricewaterhouseCoopers (PwC) Hong Kong and Metaverse Technology Company TerraZero Enter into Collaboration to Explore Metaverse Products and Services.

Epic Games CEO Defends Metaverse
metaverse

Epic Games CEO Defends Metaverse

Epic Games CEO Tim Sweeney dismissed a recent article from Business Insider claiming that the Metaverse is "dead" and that virtual worlds have been abandoned by the business world. Sweeney cited the 600 million users across virtual world platforms as proof of the Metaverse's continuing relevance.

InfiniteWorld Attains Super Bit Machine for Best-In-Class Gaming, Web3 Experiences
metaverse

InfiniteWorld Attains Super Bit Machine for Best-In-Class Gaming, Web3 Experiences

Web3 and metaverse infrastructure firm InfiniteWorld has acquired Super Bit Machine to provide best-in-class experiences in the metaverse world by incorporating multiplayer and real-time game development abilities.

Virtual Assets Investment Opens Opportunity to H.K. Residents, While Adrian Cheng Invests in Sandbox
metaverse

Virtual Assets Investment Opens Opportunity to H.K. Residents, While Adrian Cheng Invests in Sandbox

As residents in Hong Kong struggle to purchase physical property, The Sandbox's virtual assets could be a lucrative investment opportunity for many.

Tech Stocks to Grow this Year thanks to Crypto & Metaverse, Wall Street Analyst Says
metaverse

Tech Stocks to Grow this Year thanks to Crypto & Metaverse, Wall Street Analyst Says

Cyrus Mewawalla believes that tech companies whose operations extend into the metaverse and crypto will end up in gains at the end of the year, despite the massive uncertainties that might be experienced in the stock market this year.

Animoca Brands Lands $75m in New Funding
metaverse

Animoca Brands Lands $75m in New Funding

In its latest funding round, digital entertainment, blockchain, and gamification outfit, Animoca Brands announced it has raised the sum of $75 million.

Mastercard Files for 15 Crypto & Metaverse Related Trademarks
metaverse

Mastercard Files for 15 Crypto & Metaverse Related Trademarks

Mastercard has filed for 15 trademarks related to NFTs, crypto and metaverse.

Shiba Inu Upcoming Developments Revealed: Shibaswap 2.0, Shibahub, Bone, TREAT, Metaverse
metaverse

Shiba Inu Upcoming Developments Revealed: Shibaswap 2.0, Shibahub, Bone, TREAT, Metaverse

SHIB Inu team member Lucie announced upcoming developments on Twitter, including bone contract renouncing, Shibaswap 2.0, $TREAT, Shibahub, and Metaverse. She emphasized the team's focus on technology and its evolution, avoiding price pumping and emphasizing community cohesion and positivity.

Animoca Brands Cuts Metaverse Fund Target to $800M
metaverse

Animoca Brands Cuts Metaverse Fund Target to $800M

Animoca Brands, a Hong Kong-based developer of blockchain gaming technology, has reduced its target for its metaverse fund by 20% to $800 million due to volatility in the crypto sector. The company's market capitalization has also fallen from $6 billion to below $2 billion, signaling a change in sentiment in the crypto industry.

Donald Trump's NFT Trading Card Collection
metaverse

Donald Trump's NFT Trading Card Collection

On Dec. 15, 45,000 self-themed trading cards were released for $99 apiece. The collection has generated approximately $1.2 million in secondary sales. Sewer Pass NFT transactions on secondary markets are strong. #NoNeoNFT emerged when the company's Solana network NFT collection failed. NUS claims the HaptGlove simulates touch and grip more realistically than conventional gloves.

President Erdoğan of Turkey Intends to Host Virtual Forum in the Metaverse
metaverse

President Erdoğan of Turkey Intends to Host Virtual Forum in the Metaverse

Turkey's President has instructed officials of the ruling Justice and Development Party (AK Party) to conduct work on new developments, including metaverse.

Decentraland's Virtual Land Sells for a Record Value of $2.4m in Mana tokens
metaverse

Decentraland's Virtual Land Sells for a Record Value of $2.4m in Mana tokens

A piece of virtual real estate in Decentraland was sold for a record value of $2.4 million in cryptocurrency, according to Reuters.

Top Three Altcoins to Watch This Week: DOT, AVAX, and MANA
metaverse

Top Three Altcoins to Watch This Week: DOT, AVAX, and MANA

With a mildly volatile weekend done with, investors are looking forward to another new week in hopes of charting a positive trade history across all markets. Here are three altcoins to watch ahead of the new week.

Manchester City to Build Etihad Stadium Replica in the Metaverse
metaverse

Manchester City to Build Etihad Stadium Replica in the Metaverse

Premier League Champions, Manchester City, is making plans to build a replica of the Etihad Stadium in the metaverse.

Jewellery Provider SFLMaven Rolls Out Bitcoin Payments, Eyeing for Metaverse
metaverse

Jewellery Provider SFLMaven Rolls Out Bitcoin Payments, Eyeing for Metaverse

SFLMaven, a luxury jewellery and goods provider, has started accepting Bitcoin payments in the real world and the metaverse for high-end vintage jewellery items.

Tencent to Offer Metaverse Business Support in Japan before Feb
metaverse

Tencent to Offer Metaverse Business Support in Japan before Feb

Tencent reportedly will launch services for supporting the virtual space "Metaverse" business to Japanese companies before February.

NFTs to be Instrumental for Fashion Industry in the Metaverse, GlobalData Analyst Says
metaverse

NFTs to be Instrumental for Fashion Industry in the Metaverse, GlobalData Analyst Says

With NFTs continuously taking the world by storm, these digital assets are perfect for fashion in the metaverse, according to Amrit Dhami, a thematic analyst at GlobalData.

Metaverse Gaming Features Already Exist in Web2, Says Microsoft Gaming Boss
metaverse

Metaverse Gaming Features Already Exist in Web2, Says Microsoft Gaming Boss

Phil Spencer, the CEO of Microsoft Gaming, highlighted that gamers nowadays do not really understand the thrill of the metaverse “because the technologies proponents claim as novel are ones they have experienced in games for years.”

Regulating the Metaverse: BIS's Call for Unity
metaverse

Regulating the Metaverse: BIS's Call for Unity

BIS emphasizes the need for interoperable payment technologies and robust regulatory framework to prevent metaverse fragmentation and private interests dominance, emphasizing Central Bank Digital Currencies' importance.

Unstoppable Women of Web3 Leads Initiative to Provide Web3 and Metaverse Education for 6 Million African Women
metaverse

Unstoppable Women of Web3 Leads Initiative to Provide Web3 and Metaverse Education for 6 Million African Women

The initiative will consist of free digital identities, educational streams, online courses, in-person networking, and more to bring more women in Africa into Web3 and the metaverse

Binance Invests another $5m in Metaverse Startup Ultiverse
metaverse

Binance Invests another $5m in Metaverse Startup Ultiverse

Binance is putting in a fresh $5 million investment in metaverse gaming startup Ultiverse, after leading a $4.5 million seed investment a week earlier for the firm.

KuCoin Labs Rolls Out Incubation Program with Univers Network to Boost Web3 Exploration
metaverse

KuCoin Labs Rolls Out Incubation Program with Univers Network to Boost Web3 Exploration

KuCoin Labs, the incubation and investment arm of crypto exchange KuCoin, has launched an incubation program with Univers Network to aid the exploration of the Web3 space.

Bybit-Backed Gaming Platform Enters the Web3 World for Enhanced Experience
metaverse

Bybit-Backed Gaming Platform Enters the Web3 World for Enhanced Experience

Yeeha Games, a $50 million-funded GameFi platform backed by crypto exchange Bybit, has entered the Web3 world to act as the bridge between gaming and finance (GameFi) and traditional gaming.

Flipkart Introduces Avenue for Indians to Shop in the Metaverse
metaverse

Flipkart Introduces Avenue for Indians to Shop in the Metaverse

Flipkart has launched the Flipverse campaign to enable to Indians shop in the metaverse

Usain Bolt Partners with Step App to Propel Healthier World
metaverse

Usain Bolt Partners with Step App to Propel Healthier World

Usain Bolt, the 8-time Olympic gold medalist and 11-time world champion, has teamed up with Step App to take fitness and exercise a notch higher by incorporating Web3 and the metaverse.

Cypher Capital Rolls Out Worth $100m Blockchain and Digital Assets Fund
metaverse

Cypher Capital Rolls Out Worth $100m Blockchain and Digital Assets Fund

To expand the blockchain ecosystem, UAE-based venture capital firm Cypher Capital has launched a $100 million seed fund with a special interest in digital asset investments.

Meta Urged to Halt Metaverse App for Minors
metaverse

Meta Urged to Halt Metaverse App for Minors

Advocacy groups, including Airplay and Common Sense Media, have written to Meta CEO Mark Zuckerberg calling for the company to halt its plans to allow minors onto its metaverse app, Horizon Worlds. They argue that Meta must first assess the potential risks of allowing youth on the app, citing concerns around harassment and privacy violations.

Indian Couple Tie their Knot in the Metaverse, Offering 3D Experience for 500 Guests
metaverse

Indian Couple Tie their Knot in the Metaverse, Offering 3D Experience for 500 Guests

Have you ever thought about getting married virtually? An Indian couple decided to arrange their first wedding of its kind in the metaverse.

SBI Holdings to Launch Investment Fund for Emerging Companies like Web3, AI, and Metaverse Startups
metaverse

SBI Holdings to Launch Investment Fund for Emerging Companies like Web3, AI, and Metaverse Startups

SBI Holdings plans to invest 100 billion yen in startups focusing on Web3, AI, and metaverse, with financial institutions supporting Japan's goal to nurture its startup ecosystem and enhance its Asian startup hub position.

Meta's Metaverse Division Reports 3rd Quarter Loss of Over $3.7B
metaverse

Meta's Metaverse Division Reports 3rd Quarter Loss of Over $3.7B

Meta's Facebook Reality Labs division has reported a third-quarter loss of over $3.7 billion, making only $285 million, according to its earnings report released on Wednesday.

Shanghai, China, Launches a Comprehensive Technical Initiative for the Metaverse (2023-2025)
metaverse

Shanghai, China, Launches a Comprehensive Technical Initiative for the Metaverse (2023-2025)

The Shanghai Municipal Science and Technology Commission announced today the release of its "Shanghai Metaverse Key Technology R&D Plan (2023-2025)".

NFT will Become the Revenue Model of Metaverse,Co-founder of Tether William Quigley says
metaverse

NFT will Become the Revenue Model of Metaverse,Co-founder of Tether William Quigley says

William Quigley, the co-founder of the stablecoin- Tether (USDT), said the business model would undergo radical changes in the future. The delivery of non-fungible tokens (NFTs) will become the revenue model of Metaverse and Crypto.

A Colombian court recently hosted its first legal trial in the metaverse
metaverse

A Colombian court recently hosted its first legal trial in the metaverse

The metaverse hosted Colombia's Magdalena Administrative Court's February 15 session. Maria Quinones, the court's Magistrate, called it "realer than a video call."

Colombia Holds Landmark Virtual Court Trial in Metaverse
metaverse

Colombia Holds Landmark Virtual Court Trial in Metaverse

Colombia's Magdalena Administrative Court conducted a trial in the metaverse on February 15, with participants appearing as avatars in a virtual courtroom. The trial involved a traffic dispute brought by a regional transport union against the police and lasted two hours. The verdict could also be given in the metaverse. Colombia is one of the first countries to test legal proceedings in the metaverse.

Huawei Research Indicates Metaverse Infrastructure Isn't Ready
metaverse

Huawei Research Indicates Metaverse Infrastructure Isn't Ready

Abhinav Purohit, Huawei Middle East's Chief Business & Strategy Consulting Expert, made the remarks. A metaverse is a shared virtual realm that lets remote users have realistic, spatially aware experiences. As of August 2022, GSA data shows 501 operators in 153 countries and territories investing on 5G.

Original Snow Crash Manuscript Goes Up for Auction
metaverse

Original Snow Crash Manuscript Goes Up for Auction

Snow Crash-inspired NFTs will also be auctioned.

$75M Capital Raised by Blockchain Founders Fund for Metaverse and Web3
metaverse

$75M Capital Raised by Blockchain Founders Fund for Metaverse and Web3

Singapore-based venture capital Blockchain Founders Fund (BFF) has announced the launch of a new Venture Capital Fund II to support emerging projects in the cryptocurrency, Metaverse and Web3 space.

FC Barcelona Preparing to Launch its Own Cryptocurrency & NFTs
metaverse

FC Barcelona Preparing to Launch its Own Cryptocurrency & NFTs

Barcelona plans to enter into the metaverse landscape. The football club sees emerging technologies as a potential area that could enable it to shape its future shopping experiences and generate revenues.

Hong Kong's Regal Hotels Announces Entry into Metaverse with Project MetaGreen
metaverse

Hong Kong's Regal Hotels Announces Entry into Metaverse with Project MetaGreen

Hong Kong's Regal Hotels Group has announced its entrance into the metaverse with project MetaGreen, scheduled for completion by October 2022.

Metaverse Giants Collaborate to Form DAO Metaverse Alliance
metaverse

Metaverse Giants Collaborate to Form DAO Metaverse Alliance

Metaverse developers have collaborated to form the DAO Metaverse called "Open Metaverse Alliance for Web3" (OMA3), aiming to provide enterprises with new decentralized business models.

Big Names Enter Metaverse
metaverse

Big Names Enter Metaverse

Why there are so many big names entering the Metaverse? It is probably because of fear of missing out.

Following Meta, Yahoo Announces Metaverse Activities in Hong Kong
metaverse

Following Meta, Yahoo Announces Metaverse Activities in Hong Kong

Yahoo plans to launch a series of metaverse activities in Hong Kong to explore the use of immersive advertising technologies.

Puma Launches Metaverse Space Black Station for Displaying NFTs
metaverse

Puma Launches Metaverse Space Black Station for Displaying NFTs

Puma has entered the metaverse by launching an interactive space titled Black Station to showcase limited edition NFTs based on its sneakers.

NFT Collectors Buy for Status and Uniqueness
metaverse

NFT Collectors Buy for Status and Uniqueness

A recent survey by Metajuice found that 74% of NFT collectors buy for status and uniqueness, while 13% plan to resell. Real Vision CEO Raoul Pal believes NFTs are becoming status symbols like luxury cars and houses.

Neopets Announces Neopets Metaverse Version Release
metaverse

Neopets Announces Neopets Metaverse Version Release

Neopets Metaverse announced to launch of a Metaverse product to enhance generational memories and experiences for Neopians and its users.

HK-based Animoca Brands Partners with S. Korea's Cube Entertainment for K-pop Metaverse & NFTs
metaverse

HK-based Animoca Brands Partners with S. Korea's Cube Entertainment for K-pop Metaverse & NFTs

Animoca Brands is partnering with Cube Entertainment to build a metaverse and non-fungible tokens as K-pop has been taking the world by storm.

Meta Hires Keke Palmer to Help Demystify Metaverse
metaverse

Meta Hires Keke Palmer to Help Demystify Metaverse

American tech giant Meta Platforms Inc hired Hollywood actress Keke Palmer to help drive the metaverse concept to the general public.

MetaHollywood Aims to Become Largest Hollywood-Themed Metaverse
metaverse

MetaHollywood Aims to Become Largest Hollywood-Themed Metaverse

MetaHollywood is building the largest online community within a Hollywood-themed metaverse following a joint venture between Animoca Brands and the Planet Hollywood Group.

Facebook Sets up $50M Investment Fund for the Development of Metaverse
metaverse

Facebook Sets up $50M Investment Fund for the Development of Metaverse

Social media giant Facebook announced a two-year grant of $50 million to strengthen the interpersonal connection between reality and virtual reality, consumer hardware and promotion of Metaverse products' development.

MLB is Looking to Hire an Expert to Expand its Metaverse Presence
metaverse

MLB is Looking to Hire an Expert to Expand its Metaverse Presence

The Major League Baseball is looking to fill a metaverse role to boost its engagement in the space

Consulting Giant KPMG Gets into Metaverse Business
metaverse

Consulting Giant KPMG Gets into Metaverse Business

KPMG has become the latest major corporation looking into the niche world of the metaverse, with the firm reporting a surge in interest. The move is an attempt by the firm to offer a more immersive experience to its millions of users across the globe.

$400M Funding helps Gemini valued at $7.1B to Build a Decentralized Metaverse
metaverse

$400M Funding helps Gemini valued at $7.1B to Build a Decentralized Metaverse

American cryptocurrency exchange Gemini raised $400 million through growth equity financing, led by Morgan Creek Digital. Now it is valued at US$7.1 billion.

NFT, Metaverse Trademark Applications for 2022 Has Surpassed 2021
metaverse

NFT, Metaverse Trademark Applications for 2022 Has Surpassed 2021

According to US Trademark lawyer Mike Kondoudis, the Web3.0 and Metaverse trademark-related applications for this year have already surpassed the total recorded in 2021.

The Graph Onboards The Guild as Subgraph Developer with $48M Grant
metaverse

The Graph Onboards The Guild as Subgraph Developer with $48M Grant

The Graph Foundation has awarded a $48 million grant to The Guild to help develop subgraph solutions to build the We3.0 ecosystem.

HBAR Foundation Launches $250m Metaverse Fund
metaverse

HBAR Foundation Launches $250m Metaverse Fund

The HBAR Foundation launched a $250 million Metaverse Fund, which aims to integrate Hedera Hashgraph's Web3 metaverse world for consumer brands.

Multinational Corporations Continue to File Trademarks in Web3, NFTs, and Metaverse
metaverse

Multinational Corporations Continue to File Trademarks in Web3, NFTs, and Metaverse

Multinational corporations, including General Motors, Lacoste, and Walmart, have continued to file trademark applications in Web3, NFTs, and the metaverse, despite the broader market downturn. In February alone, General Motors filed for two new trademark applications covering Chevrolet and Cadillac brands, while Lacoste filed five trademark applications for "CHAMPS-ELYSEES." Walmart also filed trademark applications for the "SamsClub" name and logo. Even amid the bear market, record numbers of trademark applications have been filed for NFTs, metaverse, and crypto-related products in 2022.

52% of Game Developers Concern about Regulatory Uncertainty, Report says
metaverse

52% of Game Developers Concern about Regulatory Uncertainty, Report says

A new report from the Blockchain Game Alliance (BGA) showcases the majority of active developers about 52% in the space are concerned about the impacts of regulations in the near future.

Meta Cuts 11,000 Jobs to Focus on Core Areas Including the Metaverse
metaverse

Meta Cuts 11,000 Jobs to Focus on Core Areas Including the Metaverse

Meta Platforms has cut 11,000 jobs but is still committed to its metaverse pursuits

The Metaverse Enjoys Potential to Revamp Existing Brand Marketing, HashCash CEO Says
metaverse

The Metaverse Enjoys Potential to Revamp Existing Brand Marketing, HashCash CEO Says

Thanks to a 7,200% surge in internet search volumes last year, the metaverse will be a revolutionary innovation that will reshape brand marketing, according to HashCash Consultants CEO Raj Chowdhury.

Emirates Airline to Roll Out Bitcoin Payment and Enter the Metaverse
metaverse

Emirates Airline to Roll Out Bitcoin Payment and Enter the Metaverse

To optimize customer satisfaction rates, Emirates Airline has revealed plans to adopt advanced digital solutions, such as cryptocurrency, metaverse, and blockchain.

Drone Racing League Partners with Hivemind's Playground Labs, Launch First P2E Game on Algorand Blockchain
metaverse

Drone Racing League Partners with Hivemind's Playground Labs, Launch First P2E Game on Algorand Blockchain

Professional drone racing League joins the Metaverse world by launching its first game on the Algorand blockchain in partnership with Playground Labs.

Global Automotive Metaverse Market to Have a CAGR of 31.4% by 2030 - Research
metaverse

Global Automotive Metaverse Market to Have a CAGR of 31.4% by 2030 - Research

A new survey is projecting the market value of the global automotive market at $1.9B by 2030

Dubai Lays Out Metaverse Strategy Plan for 2027
metaverse

Dubai Lays Out Metaverse Strategy Plan for 2027

The Emirati City of Dubai has launched its Metaverse Strategy plan for the next five years. It hopes to increase the contributions from the digital currency ecosystem to $4 billion from its current $500 million.

Digital Transformation in Finance and Accounting Accelerated by Pandemic, ISG Reports
metaverse

Digital Transformation in Finance and Accounting Accelerated by Pandemic, ISG Reports

The 2023 ISG Provider Lens™ report highlights the global transformation of finance and accounting departments due to COVID-19 lockdowns and remote work, relying on external providers for digital strategies and outcome-based contracts.

UK Government Explores IP Challenges in Emergent Metaverse Ecosystems
metaverse

UK Government Explores IP Challenges in Emergent Metaverse Ecosystems

A new UK government report delves into the complex realm of IP issues within the Metaverse, highlighting the lack of consensus on its definition and the IP challenges it poses.

PCCW, HKT Becomes 1st Hong Kong-based CMT to Join the Metaverse
metaverse

PCCW, HKT Becomes 1st Hong Kong-based CMT to Join the Metaverse

PCCW and HKT have become the first Hong Kong-based communications, media and technology (CMT) organisations to join the metaverse following a partnership with The Sandbox.

Qualcomm Announces $100m Metaverse Investment Fund
metaverse

Qualcomm Announces $100m Metaverse Investment Fund

Qualcomm's fund will go to companies building the metaverse using augmented reality, mixed reality or virtual reality.

Safety Groups Urge Meta to Halt Minors from Joining Metaverse
metaverse

Safety Groups Urge Meta to Halt Minors from Joining Metaverse

Safety groups have written a letter to Mark Zuckerberg’s Meta, asking the social media giant to cancel its plan of allowing teenagers and young adults to join its metaverse app, Horizon Worlds. The groups argued that minors would face potential risks, including harassment and privacy violations on the virtual reality app.

Tron Filmmaker Donald Kushner Creates Cryptosaurs in Metaverse & NFT Collections
metaverse

Tron Filmmaker Donald Kushner Creates Cryptosaurs in Metaverse & NFT Collections

Filmmaker and creator of the classic American tech film Tron, Donald Kushner, and his Gumbotron production team teamed up with Forj, a subsidiary of Animoca Brands, to create a new metaverse called Cryptosaurs and launch a related NFT collection.

OKX and Manchester City’s Rúben Dias Debut ‘Train Like Dias’ Global Metaverse Training Experience
metaverse

OKX and Manchester City’s Rúben Dias Debut ‘Train Like Dias’ Global Metaverse Training Experience

OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, today debuted ‘Train Like Dias’ its first ‘OKX Collective’ immersive metaverse fan experience featuring OKX ambassador and Manchester City player Rúben Dias.

Animoca Brands refutes claims of scaling back metaverse fund target and plummeting valuation
metaverse

Animoca Brands refutes claims of scaling back metaverse fund target and plummeting valuation

Animoca Brands denied reports of scaling back its metaverse fund target by $200 million and a decrease in valuation from $6 billion to $2 billion. The firm acknowledged the impact of banking collapses but stressed that fundraising is still ongoing.

Meta offers lucrative pay packages for metaverse developers
metaverse

Meta offers lucrative pay packages for metaverse developers

Facebook's parent company, Meta, is offering its metaverse developers salaries ranging from $600,000 to almost $1 million, despite billions in losses for its virtual reality suite. CEO Mark Zuckerberg remains committed to Meta's long-term vision of the metaverse, even after the division responsible for its development recorded its largest yearly loss of $13.7 billion.

XVI Citizens to Introduce 16 Personalities as NFTs
metaverse

XVI Citizens to Introduce 16 Personalities as NFTs

The 16 Personalities idea is turning into non-fungible tokens (NFTs) and entering the metaverse for the first time through the XVI Citizens project.

Beijing Launches Two-Year Metaverse Development Plan
metaverse

Beijing Launches Two-Year Metaverse Development Plan

Beijing has announced plans to accelerate the development of metaverse within all its corresponding districts.

Invesco Unveils Metaverse Fund to Tap into £1.4 Trillion Opportunity
metaverse

Invesco Unveils Metaverse Fund to Tap into £1.4 Trillion Opportunity

Invesco has launched the fund to invest in startups building the metaverse. The fund will invest in large, medium, and small-scale businesses worldwide.

Affyn Unveils Singapore As First NEXUS World Metaverse City
metaverse

Affyn Unveils Singapore As First NEXUS World Metaverse City

In addition to its ongoing Flag sale, Affyn is advancing its NEXUS World metaverse, revealing Singapore as the inaugural metaverse city of Affyn’s NEXUS World. The first metaverse city features 2,000 plots of Freehold Land NFTs, with many more cities to be unveiled in the coming months.

Samsung Plans to Develop Top-Notch Metaverse Devices to Foster Accessibility
metaverse

Samsung Plans to Develop Top-Notch Metaverse Devices to Foster Accessibility

Samsung Electronics has revealed plans to make the metaverse more accessible by developing innovative devices as it sees it as a new business model.

Binance.US to Establish Office in Portals, the Metaverse Platform on the Solana Blockchain
metaverse

Binance.US to Establish Office in Portals, the Metaverse Platform on the Solana Blockchain

The US branch of the world-leading Binance exchange, Binance.US, is opening an office in Portals, the Metaverse platform on the Solana blockchain.

Standard Chartered Enters The Sandbox Metaverse
metaverse

Standard Chartered Enters The Sandbox Metaverse

Banking giant Standard Chartered has entered the metaverse with The Sandbox to build a virtual space for its clients and supporters.

ProShares Files for New Metaverse ETF With U.S. SEC
metaverse

ProShares Files for New Metaverse ETF With U.S. SEC

The metaverse is likely going to see an exchange-traded fund from ProShares, according to a Tuesday filing with the U.S. Securities and Exchange Commission, Bloomberg reported.

Ford Makes NFT Entry With Trademark Applications
metaverse

Ford Makes NFT Entry With Trademark Applications

American automobile giant Ford Motor Company is making a grand entry into the metaverse and Web3.0 ecosystem through its targeted trademark applications.

European Parliamentary Research Service (EPRS) Letter on Benefits and Challenges for Children in the Metaverse
metaverse

European Parliamentary Research Service (EPRS) Letter on Benefits and Challenges for Children in the Metaverse

The European Parliamentary Research Service (EPRS) has highlighted the potential benefits and challenges for children in the metaverse. While the metaverse can enhance creativity and learning, it also poses risks related to privacy, harmful content, and exploitation. Both the European Union and the private sector are taking steps to protect children, but more efforts are needed to ensure their safety in this virtual environment.

Exploitation in the NFT World is Real But Are They Preventable?
metaverse

Exploitation in the NFT World is Real But Are They Preventable?

Blockchain.News recently spoke to three industry leaders to explore NFT-linked security weaknesses and solutions. Experts suggest investors should always do their own due diligence before injecting funds into any project, no matter the hype.

Hong Kong to Host One of Asia's Largest NFT Exhibitions in June
metaverse

Hong Kong to Host One of Asia's Largest NFT Exhibitions in June

One of the largest non-fungible tokens (NFTs) exhibitions in Asia titled "ARTAVERSE" will be hosted in Hong Kong starting on June 3.

HSBC Enters Metaverse Space through Collaboration with the Sandbox
metaverse

HSBC Enters Metaverse Space through Collaboration with the Sandbox

HSBC is leaping into the metaverse to engage with customers, increase sales, widen its social media reach, and demonstrate its relevance.

Metaverse Gaming Firm MetaBlaze to Conduct Second Round of ICO on April 20
metaverse

Metaverse Gaming Firm MetaBlaze to Conduct Second Round of ICO on April 20

MetaBlaze, a metaverse and blockchain-driven gaming company, will conduct its second ICO round on April 20 at 9 AM EST.

Wiki Finance Expo Hong Kong 2024 Is Coming in May!
metaverse

Wiki Finance Expo Hong Kong 2024 Is Coming in May!

The Wiki Finance Expo Hong Kong 2024, a major FinTech and Web3.0 event in Asia, will feature over 500 partners and 300+ companies. Key speakers include DFINITY Foundation founder Dominic Williams, and the event promises valuable networking and learning opportunities for the industry.

Meta to Build World's Fastest Supercomputer for Metaverse, Mark Zuckerberg Confirms
metaverse

Meta to Build World's Fastest Supercomputer for Metaverse, Mark Zuckerberg Confirms

Meta is reported to be building the world's fastest artificial intelligence supercomputer as part of the plans to build a virtual metaverse.

Ajman Police Breaks History as it Offers Services to Customers in the Metaverse
metaverse

Ajman Police Breaks History as it Offers Services to Customers in the Metaverse

The Dubai Ajman Police has launched a capability to offer customer service through the metaverse. Interesting times are here

HKUST Designs First Virtual Campus in the Metaverse
metaverse

HKUST Designs First Virtual Campus in the Metaverse

Hong Kong University of Science and Technology (HKUST) announced its intention to establish the world's first physical-digital twin campuses in the Metaverse.

Atmos Labs Pulls $11m in Seed Round to Bolster Metaverse Development
metaverse

Atmos Labs Pulls $11m in Seed Round to Bolster Metaverse Development

Atmos Labs Inc, a metaverse gaming protocol, has raised the sum of $11 million in seed funding, as it looks to double down on its metaverse development push.

Shiba Inu Announces Metaverse Initiative Codenamed "Shiberse"
metaverse

Shiba Inu Announces Metaverse Initiative Codenamed "Shiberse"

Shiba Inu announced the launch of the Shiberse, a metaverse world that will be focused on redefining the incentivization model for its growing community.

Animoca Brands Partners with Untamed Planet to Develop Untamed Metaverse
metaverse

Animoca Brands Partners with Untamed Planet to Develop Untamed Metaverse

Animoca Brands has announced a partnership with Untamed Planet to develop and publish Untamed Metaverse, a game to help nature conservation efforts.

KuCoin Exchange Launches its Meta Office As KuCoin’s First step on Metaverse
metaverse

KuCoin Exchange Launches its Meta Office As KuCoin’s First step on Metaverse

KuCoin Exchange has announced it will launch virtual offices in a visually stunning virtual reality skyscraper called Bloktopia.

American Express Weighs Entry into Metaverse and NFTs Business, Trade Filing Shows
metaverse

American Express Weighs Entry into Metaverse and NFTs Business, Trade Filing Shows

American Express could get into the field of metaverse and NFTs, which have become a key value driver within the financial industry.

Mitsui Forms Strategic Partnership with Web3 Influencer Animoca Brands
metaverse

Mitsui Forms Strategic Partnership with Web3 Influencer Animoca Brands

Mitsui & Co., Ltd., a renowned Japanese trading company, has joined forces with Animoca Brands, a leading player in the Web3 industry.

Nissan Expands Web3 Efforts with Trademarks and Metaverse Auto Sales
metaverse

Nissan Expands Web3 Efforts with Trademarks and Metaverse Auto Sales

Nissan has filed four new Web3-related trademarks in the US and is experimenting with auto sales in the metaverse in Japan. The trademarks cover its Infiniti, Nismo, and Nissan brands and include plans for virtual goods and a nonfungible token (NFT) marketplace. Nissan Japan is conducting a three-month "demonstration experiment" of its virtual store "Nissan Hype Lab," allowing customers to "study, consult, test drive and purchase Nissan vehicles" while in the metaverse. The company's moves are in line with other car manufacturers, including General Motors and Ford, who have also been actively filing trademark applications for Web3, crypto, NFTs, and the metaverse.

PwC Report: Asian Institutional Investors Opt for Third-Party Custody Solutions for Digital Assets
metaverse

PwC Report: Asian Institutional Investors Opt for Third-Party Custody Solutions for Digital Assets

A joint report by Aspen Digital and PwC titled "State of Digital Asset Custody - Understanding and implementing digital asset custody for institutional investors" reveals a rising demand for institutional-grade digital asset custody solutions among family offices, high-net-worth individuals (HNWIs), and external asset managers (EAMs) in Asia.

Buying Land in Metaverse is "Dumbest Sh*t Ever", Says Billionaire Mark Cuban
metaverse

Buying Land in Metaverse is "Dumbest Sh*t Ever", Says Billionaire Mark Cuban

Mark Cuban may be a crypto fan and Bored Ape Yacht Club (BAYC) owner, but he sure is a big critic of metaverse land sales that is making the rounds today.

Leading Sneaker MarketPlace Sets Foot in the Metaverse to Spur Innovations
metaverse

Leading Sneaker MarketPlace Sets Foot in the Metaverse to Spur Innovations

The Edit LDN, a global sneaker marketplace based in London, has entered the metaverse by developing a premium store to drive its innovation a notch higher.

Neopin Works with Cube Entertainment to Jointly Develop Metaverse Ecosystem
metaverse

Neopin Works with Cube Entertainment to Jointly Develop Metaverse Ecosystem

The blockchain platform Neopin has established a partnership with Cube Entertainment, the largest entertainment company in South Korea, to jointly develop the DeFi ecosystem of the Metaverse blockchain.

The Metaverse: The Future of Social Life?
metaverse

The Metaverse: The Future of Social Life?

In December 2022, CoinWire polled 10,000 crypto investors. 69% of respondents expected the metaverse to change social lifestyle with a new entertainment model, and 65% expected it to affect social activities.

ByteDance Taking a Deep Dive into the Metaverse
metaverse

ByteDance Taking a Deep Dive into the Metaverse

TikTok’s parent company, ByteDance is making moves to escalate its influence on this nascent ecosystem - metaverse - in the East.

Metaverse-related Market Size in China Expected to Reach $4T: JPMorgan Chase
metaverse

Metaverse-related Market Size in China Expected to Reach $4T: JPMorgan Chase

The market of the Metaverse could triple China's online gaming market from $44 billion to $131 billion, according to a recent research report by JPMorgan Chase (JPM).

Japan PM Says Govt’s Digital Transformation Investments Will Include Metaverse, NFTs
metaverse

Japan PM Says Govt’s Digital Transformation Investments Will Include Metaverse, NFTs

Japan embraces the use ofweb3 related services like metaverse, NFTs, blockchain, as solutions to challenges facing the society.

FTX CEO Breaks Down Zuckerberg's Intent To Invest $10B/Year Into Meta
metaverse

FTX CEO Breaks Down Zuckerberg's Intent To Invest $10B/Year Into Meta

FTX CEO Sam Bankman-Fried on Saturday took to Twitter to break down the reason behind Zuckerberg rebranding his company Facebook to Meta and his intent to pump $10 billion every year into Meta.

China Mobile Launches Metaverse Industry Alliance, Involving Tech Giants Like Huawei and Xiaomi
metaverse

China Mobile Launches Metaverse Industry Alliance, Involving Tech Giants Like Huawei and Xiaomi

On June 28, 2023, in Shanghai, China Mobile announced the formal establishment of the China Mobile Metaverse Industry Alliance during the Mobile World Congress (MWC) Shanghai 2023. This initiative marks a significant stride in China Mobile's strategic foray into the rapidly expanding metaverse landscape.

Former Disney CEO Bob Iger Enters into Metaverse, Investing in Meta Company Genies
metaverse

Former Disney CEO Bob Iger Enters into Metaverse, Investing in Meta Company Genies

Bob Iger has become a new co-owner of Genies, as the metaverse firm raised fresh capital to accelerate its growth. Iger has made his first investment in the metaverse area.

Jack Grealish and Oliver Heldens Debut Musical Collaboration with Exclusive DJ Set in OKX Collective Metaverse
metaverse

Jack Grealish and Oliver Heldens Debut Musical Collaboration with Exclusive DJ Set in OKX Collective Metaverse

OKX, one of the world’s leading Web3 technology companies, today hosted an exclusive DJ set performed by Manchester City star Jack Grealish and legendary DJ Oliver Heldens in its OKX Collective metaverse.

Visa Files Trademark Applications for Crypto Products, Including NFTs
metaverse

Visa Files Trademark Applications for Crypto Products, Including NFTs

Payment giant Visa has filed two trademark applications to the United States Patent and Trademark Office (USPTO) concerning cryptocurrency wallets, NFTs, and the Metaverse.

Crypto Talk with OliveX's CEO Rumjahn: Move-To-Earn Fitness App & DOSE Token
metaverse

Crypto Talk with OliveX's CEO Rumjahn: Move-To-Earn Fitness App & DOSE Token

Exclusive: Blockchain.News spoke to Keith Rumjahn, CEO of OliveX and Founder of DOSE token, to explore the potential development of a move-to-earn app and how cryptocurrency shapes the virtual fitness industry.

The Sandbox Expands Footprints in Hong Kong for Alpha Season 3
metaverse

The Sandbox Expands Footprints in Hong Kong for Alpha Season 3

Decentralized virtual gaming developer The Sandbox, a subsidiary of Animoca Brands, announced Thursday to roll out the first pop-up atelier in Hong Kong for the upcoming seasonal events.

Hong Kong's MTR Becomes World's 1st Transport Operator to Enter The Sandbox Metaverse
metaverse

Hong Kong's MTR Becomes World's 1st Transport Operator to Enter The Sandbox Metaverse

Hong Kong's MTR Corporation has become the first global transport operator to join The Sandbox metaverse to create new and immersive experiences in the virtual world.

NVIDIA Doubles Down Investing in Metaverse by Launching New Developer Tools
metaverse

NVIDIA Doubles Down Investing in Metaverse by Launching New Developer Tools

American technology giant NVIDIA is doubling down on its bet on the metaverse and is empowering creators with the launch of a new set of advanced tools.

Dubai Seeks to Become Hub of Metaverse
metaverse

Dubai Seeks to Become Hub of Metaverse

Dubai has set the ball rolling to improve people’s lives and render creative solutions by positioning itself as the global capital of Web3 through its new blockchain and metaverse technology.

Fidelity Launches Two ETFs Tracking Metaverse and Crypto Sectors
metaverse

Fidelity Launches Two ETFs Tracking Metaverse and Crypto Sectors

The new ETF offerings enable Fidelity investors to participate in the emerging digital assets ecosystem through exposure to related equity securities.

BIGG to Acquire Web3 Company TerraZero in $20M Deal
metaverse

BIGG to Acquire Web3 Company TerraZero in $20M Deal

BIGG Digital Assets plans to acquire TerraZero Technologies Inc. for $20 million, a metaverse company with a 161% growth in Q1 2023. TerraZero will create a subsidiary for BIGG, with TerraZero's CEO serving a 12-month term.

Metaverse Will Bring About the "Construction of New Economies" - Animoca CEO
metaverse

Metaverse Will Bring About the "Construction of New Economies" - Animoca CEO

Animoca Brands CEO, Yat Siu sees the GameFi ecosystem as a major avenue to welcome people into the new economy the metaverse is creating

Citi Sees the Metaverse to Reach $8 Trillion to $13 Trillion by 2030
metaverse

Citi Sees the Metaverse to Reach $8 Trillion to $13 Trillion by 2030

Citi expects the metaverse to be worth between $8 trillion and $13 trillion by 2030, given that the exponential growth of NFTs has brought it to the limelight.

Chinese Media Criticizes OKEx for Illegal Advertisements as Bitcoin Surges Above $30K
metaverse

Chinese Media Criticizes OKEx for Illegal Advertisements as Bitcoin Surges Above $30K

On June 27th, the Chinese media outlet Beijing Business Daily published an article titled "Bitcoin's Soaring Market Triggers Illegal Speculation Activities, OKX Resorts to 'Indirect' Marketing."

Epic Games and LEGO Group Partner to Build Family-Friendly Metaverse
metaverse

Epic Games and LEGO Group Partner to Build Family-Friendly Metaverse

Epic Games and LEGO Group have announced a long-term partnership to build a "family-friendly" Metaverse. The partnership comes shortly after Epic Games' $2 billion funding round aimed at accelerating the company's plans for the Metaverse.

Enhancing Metaverse Integration: My Neighbor Alice joins the Board of Directors of OMA3
metaverse

Enhancing Metaverse Integration: My Neighbor Alice joins the Board of Directors of OMA3

My Neighbor Alice, the fully-decentralized open-world game, is proud to announce that its Chief Product Officer (CPO) has joined the board of directors of OMA3 (“Open Metaverse Alliance for Web3”).

Hong Kong-Based LOST Launches World's 1st Escape Room in Metaverse
metaverse

Hong Kong-Based LOST Launches World's 1st Escape Room in Metaverse

Hong Kong-based LOST has launched the world's first escape room in the metaverse.\

INTERPOL Creates a Global Police Force in the Metaverse to Combat Digital Crimes
metaverse

INTERPOL Creates a Global Police Force in the Metaverse to Combat Digital Crimes

Interpol to create a new metaverse unit as it looks to combat online crime in grand style

CVS Pharmacy Files for NFT and Metaverse Trademarks Registration
metaverse

CVS Pharmacy Files for NFT and Metaverse Trademarks Registration

Healthcare giant CVS Pharmacy has filed for a new trademark with the intention of offering Non-Fungible Token (NFT) related products.

UAE and OKX Unveil Framework for Metaverse Self-Governance
metaverse

UAE and OKX Unveil Framework for Metaverse Self-Governance

The UAE AI Office, in collaboration with Web3 tech firm OKX, has released a whitepaper on a "Responsible Metaverse Self-Governance Framework" to address the growing influence of the metaverse and the need for standardized operational guidelines. The report stresses international cooperation for establishing self-regulatory principles ensuring transparent, safe, and ethical metaverse operations.

Polygon Emerges as Second-Largest Blockchain Gaming Network
metaverse

Polygon Emerges as Second-Largest Blockchain Gaming Network

Polygon, a layer-2 scaling solution for Ethereum, has become the second-largest blockchain gaming network with 138,081 unique active wallets engaging in games in March. Polygon surpassed third and fourth-ranked Hive and BNB Chain, with Wax in the first place with 314,000 UAWs. Polygon's surge in user activity was primarily due to Hunters On-Chain, which saw a UAW increase of over 17,000% in the past 30 days alone. Polygon is gaining recognition as a gaming blockchain and has notched big-name partnerships such as Warner Music, Starbucks, and Adobe.

Meta's Strategic AI Expansion with Nvidia GPUs and New Llama Model
metaverse

Meta's Strategic AI Expansion with Nvidia GPUs and New Llama Model

Meta plans to invest 350,000 H100 GPUs by 2024, enhancing its AI infrastructure, training the Llama 3 model, and restructuring its organization to drive AI-driven innovation.

Metaverse will be a Trillion-dollar Market in Future: Grayscale
metaverse

Metaverse will be a Trillion-dollar Market in Future: Grayscale

Cryptocurrency investment giant Grayscale released a report on Thursday stating that by 2025, the revenue of the virtual gaming world may grow to $400 billion.

Time Magazine to Add Ether to Its Balance Sheet as Part of Efforts to Support Metaverse Newsletter with Galaxy Digital
metaverse

Time Magazine to Add Ether to Its Balance Sheet as Part of Efforts to Support Metaverse Newsletter with Galaxy Digital

Under a partnership with Galaxy Digital, Time Magazine will hold Ether as part of its corporate balance sheet and produce metaverse-related content.

Crypto Assets Conference 2023 (CAC23A) | March 29 to March 30, 2023 | Frankfurt School of Finance & Management
metaverse

Crypto Assets Conference 2023 (CAC23A) | March 29 to March 30, 2023 | Frankfurt School of Finance & Management

As crypto jargon makes its way into everyday business, Bitcoin and Ethereum disrupt the traditional understanding of currencies and the use of DeFi in traditional banking is increasingly inevitable - the world of digital assets evolves and matures in unprecedented style. With Web3 having the ability to revolutionize how society interacts and tokenization transforming the concept of ownership, blockchain technology has more use cases than ever before. Increasingly, established industries adapt to these use cases and a future without digital assets becomes unthinkable.

Taiwan Musician Jay Chou Enters the Metaverse NFT Market, Earning Nearly $10M
metaverse

Taiwan Musician Jay Chou Enters the Metaverse NFT Market, Earning Nearly $10M

Taiwanese pop singer and musician Jay Chou has ventured into the meta-universe, earning nearly $10 million.

South Korea Invests in Metaverse Fund for Economic Growth
metaverse

South Korea Invests in Metaverse Fund for Economic Growth

The South Korean government has invested 24 billion Korean won ($18.1 million) in a fund dedicated to driving metaverse initiatives in the country, with a total fund of more than 40 billion Korean won ($30.2 million). The Metaverse Fund will support the mergers and acquisitions of various firms in the metaverse ecosystem and help domestic metaverse-related companies compete with global players, as the government sees the metaverse as a new economic growth engine.

Facebook Rebrands to Meta, Seeking to Develop the Metaverse
metaverse

Facebook Rebrands to Meta, Seeking to Develop the Metaverse

The pioneering social media giant, Facebook Inc, has rebranded its name to Meta as it seeks to foster the development of the metaverse, a term made famous by the current craze in the NFT ecosystem.

Singapore's DBS Acquires Land in The Sandbox Metaverse
metaverse

Singapore's DBS Acquires Land in The Sandbox Metaverse

The Development Bank of Singapore Ltd, a multinational financial institution based in Marina Bay Singapore has proposed to secure land in the Sandbox metaverse

Wiki Finance Expo Sydney 2023 Is Coming Soon!
metaverse

Wiki Finance Expo Sydney 2023 Is Coming Soon!

The Wiki Finance Expo, Sydney 2023, is Australia's largest fintech event, attracting over 3,000 attendees from various sectors. Supported by 200 institutions, media, and companies, it promotes regulatory security of cryptocurrencies and FX at the Fullerton Hotel Sydney.

NEAR Protocol Partners with ZEP to Enhance Metaverse User Onboarding
metaverse

NEAR Protocol Partners with ZEP to Enhance Metaverse User Onboarding

NEAR Protocol and South Korea's ZEP are partnering to improve user onboarding and enhance Web3 capabilities, using NEAR's blockchain network and ZEP's metaverse platform.

HK's PANGU Constructs Virtual Space in Metaverse, Expanding P2E Model for Business Growth
metaverse

HK's PANGU Constructs Virtual Space in Metaverse, Expanding P2E Model for Business Growth

Speaking to Blockchain.News in an exclusive interview, Hong Kong-based graphic design and production start-up PANGU, a metaverse agency appointed by the Sandbox, provides one-stop-solution services for clients to establish and develop their own virtual land in the Metaverse.

S. Korea's Democratic Party Backs Support for Crypto, Metaverse
metaverse

S. Korea's Democratic Party Backs Support for Crypto, Metaverse

Song Young-gil, leader of the ruling Democratic Party, stated that the South Korean government should stop the crackdown on the crypto sector and start nurturing it instead.

The Sandbox, FlickPlay Collaborate to Accelerate Interoperability in Metaverse
metaverse

The Sandbox, FlickPlay Collaborate to Accelerate Interoperability in Metaverse

With the metaverse expected to be worth between $8 trillion and $13 trillion by 2030, virtual world gaming platforms The Sandbox and FlickPlay have joined hands to enhance its adoption by offering players a blockchain asset.

Nasdaq-Listed Color Star to Unveil Metaverse Phone at GITEX Exhibition
metaverse

Nasdaq-Listed Color Star to Unveil Metaverse Phone at GITEX Exhibition

Color Star, a digital entertainment company whose shares trade on the Nasdaq stock exchange has announced its plans to unveil its first metaverse smartphone, DONO Phone.

Nissan and Toyota Enter the Metaverse in Grand Style
metaverse

Nissan and Toyota Enter the Metaverse in Grand Style

Japanese auto giants Nissan and Toyota have entered the metaverse, aiming at occupying a bigger proportion of the vehicles market.

Open Metaverse Alliance Starts Operations, Challenges Meta On the Future of Internet
metaverse

Open Metaverse Alliance Starts Operations, Challenges Meta On the Future of Internet

OMA3 has established working groups to start developing standards between metaverse platforms

The Sandbox partners with Ledger Enterprise for NFT security integration.
metaverse

The Sandbox partners with Ledger Enterprise for NFT security integration.

The Sandbox has partnered with Ledger Enterprise to develop security integration for its partners. The collaboration will enable the migration of nonfungible token collections to the Ledger wallet, and The Sandbox will appear as a DApp on Ledger Enterprise.

Franklin Templeton Floats Metaverse ETF for EU Investors
metaverse

Franklin Templeton Floats Metaverse ETF for EU Investors

American multinational holding company and global investment firm, Franklin Templeton has launched a metaverse-focused Exchange-Traded Product (ETP).

$707 Million Investment in Metaverse So Far in 2023 Despite Metaverse Land Collapse
metaverse

$707 Million Investment in Metaverse So Far in 2023 Despite Metaverse Land Collapse

Despite a significant downturn in the virtual world market and a drastic drop in metaverse land prices, the metaverse industry has attracted substantial investment in 2023. According to a recent report by DappRadar, venture capital funds have invested $707 million into metaverse projects this year.

Sensorium Galaxy Enters Public Playtest and Lays Out Global Metaverse Vision
metaverse

Sensorium Galaxy Enters Public Playtest and Lays Out Global Metaverse Vision

Sensorium is announcing that the Sensorium Galaxy metaverse has entered its much-awaited VR multiplayer public playtest as it opens up access to more virtual reality and content features inside virtual worlds, while also laying out a new metaverse doctrine.

DBS Eyeing for the Metaverse
metaverse

DBS Eyeing for the Metaverse

Southeast Asia’s largest financial institution, DBS, is reportedly eyeing a move into the metaverse, a trend that many banking giants are looking to become pioneers in.

Chinese Tech Giants Cautiously Invest in the Metaverse
metaverse

Chinese Tech Giants Cautiously Invest in the Metaverse

Chinese mega unicorns are certainly investing in the metaverse, despite many firms are taking a cautious approach, given Beijing’s current crackdown on tech companies.

U.S. Air Force Files Trademark Application for Digital Metaverse 'SpaceVerse'
metaverse

U.S. Air Force Files Trademark Application for Digital Metaverse 'SpaceVerse'

The U.S. Air Force (USAF) files a trademark application for "SpaceVerse" with the U.S. Patent and Trademark Office to expand military training into the metaverse.

Tsinghua University Opens First Metaverse Lab in China
metaverse

Tsinghua University Opens First Metaverse Lab in China

Tsinghua University has launched China's first metaverse laboratory, dedicated to studying the growth and expansion of the new digital industry in the country.

Bored Ape Yacht Club wins legal battle, Mandala Metaverse selects Polkadot, Square Enix partners with Elixir Games, and Cricket Stars launches on Tezos
metaverse

Bored Ape Yacht Club wins legal battle, Mandala Metaverse selects Polkadot, Square Enix partners with Elixir Games, and Cricket Stars launches on Tezos

Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC) NFT collection, have won a legal battle against Ryder Ripps and Jeremy Cahen, the creators of the RR/BAYC NFT collection. Mandala Metaverse has chosen Polkadot to host its first major NFT drop, called the "Cryptonauts". Square Enix has partnered with Elixir Games to bring blockchain gaming to the mainstream. Cricket Stars, a multiplayer NFT cricket strategy game, has been launched on the Tezos blockchain.

YouTube New CEO is Web3-friendly
metaverse

YouTube New CEO is Web3-friendly

Given the new CEO's emphasis on Web3's prospects, YouTube may undergo a Web3 shakeup.

Dubai Regulator Establishes Virtual HQ in the Sandbox Metaverse
metaverse

Dubai Regulator Establishes Virtual HQ in the Sandbox Metaverse

Dubai is committed to growing the domestic digital asset sector, a local crypto regulator announced on Tuesday that it has created a virtual headquarters in The Sandbox metaverse platform.

Animoca Brands refutes claims of scaled back metaverse fund and plummeting valuation
metaverse

Animoca Brands refutes claims of scaled back metaverse fund and plummeting valuation

Venture capital firm Animoca Brands denies claims of reducing its metaverse fund target by $200 million and a significant drop in its valuation, citing inaccurate reporting. The firm acknowledges the impact of banking collapses on fundraising but states that the final amount raised for the fund is yet to be determined.

OKX and Manchester City Captain İlkay Gündoğan Launch Football Masterclass in the Metaverse
metaverse

OKX and Manchester City Captain İlkay Gündoğan Launch Football Masterclass in the Metaverse

OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, today launched “Make Your Play”, an immersive metaverse experience in which fans can attend an exclusive tactical football masterclass from Manchester City captain İlkay Gündoğan.

Walmart to Launch its own Crypto and Collection of NFT
metaverse

Walmart to Launch its own Crypto and Collection of NFT

US retailer Walmart is actively engaging in Metaverse, with documents filed with the US Patent and Trademark Office late last month, showing that the company is preparing to create its own collection of crypto and NFTs.

Lamborghini Ventures into NFTs with New Collection
metaverse

Lamborghini Ventures into NFTs with New Collection

Italian luxury car manufacturer Lamborghini is launching its own Non-Fungible Token (NFT) collection to cement its foothold in the emerging digital art world.

Spheroid to Launch AI Avatars in Augmented Reality
metaverse

Spheroid to Launch AI Avatars in Augmented Reality

Spheroid Universe, a futuristic Metaverse that augments the real world in every part of the Earth, has announced the upcoming launch of artificial intelligence (AI) Avatars that will inhabit the world around us via augmented reality (AR). This ground-breaking development will deliver breakthrough opportunities across numerous business platforms - from e-commerce and retail to advertising, sales, general customer, and consumer interactions and more.

Microsoft's AI Revolution: CEO Satya Nadella Unveils Bold Tech-infused Vision
metaverse

Microsoft's AI Revolution: CEO Satya Nadella Unveils Bold Tech-infused Vision

Microsoft CEO, Satya Nadella, unveiled a new AI-driven vision in his annual letter, emphasizing the integration of AI across all products and tech stacks. Highlighting collaborations like that with OpenAI and innovations like AI Copilot, Nadella showcased Microsoft's preparedness to lead in this new AI era. The discourse also touched on the broader global impact and the firm's commitment to responsible AI and cybersecurity.

Metaverse Unicorn The Sandbox Targets to Raise $400m Funding at $4b Valuation
metaverse

Metaverse Unicorn The Sandbox Targets to Raise $400m Funding at $4b Valuation

The Sandbox metaverse is in negotiations with investors as it looks to raise $400 million in the latest funding round.

Chinese corporations offer metaverse World Cup viewings, X2Y2 backtracks on royalties, and more.
metaverse

Chinese corporations offer metaverse World Cup viewings, X2Y2 backtracks on royalties, and more.

China-based technology companies are reportedly working on tech that would give Chinese soccer fans the ability to watch the FIFA World Cup within the metaverse. Video streaming platform Migu is one of six Chinese firms that has secured the rights to show the World Cup. The efforts are part of a five-year plan released by the Chinese government in early November to boost the local virtual reality industry.

Sandbox Launches Metaverse Accelerator Program, Offering $50M for 100 Startups
metaverse

Sandbox Launches Metaverse Accelerator Program, Offering $50M for 100 Startups

Virtual Metaverse gaming platform Sandbox has launched the Metaverse accelerator program, which will provide 100 startups with $50 million in start-up capital to promote the development of the Metaverse.

China's Shanghai Prioritizes Blockchain, Web3.0, and Metaverse in Three-Year Manufacturing Development Plan
metaverse

China's Shanghai Prioritizes Blockchain, Web3.0, and Metaverse in Three-Year Manufacturing Development Plan

Shanghai, a front-runner in the deployment of emerging technologies in China, has recently announced its ambitious "Three-Year Action Plan for Promoting High-Quality Development of Manufacturing (2023-2025)." This strategic initiative was revealed by the Shanghai Municipal Government Office, highlighting the city's commitment to accelerating the development of its digital economy with a focus on Blockchain, Web3.0, and the Metaverse.

At CES 2023, Touch And Scent Dominate The Metaverse
metaverse

At CES 2023, Touch And Scent Dominate The Metaverse

At CES 2023, metaverse-focused startups showed VR with scent. OVR Technology exhibited a headgear with eight odors that can be blended to create different fragrances. The metaverse might be worth $5 trillion by 2030, according to McKinsey & Company.

Aventis to Become Asia's 1st Graduate School to Enter Metaverse
metaverse

Aventis to Become Asia's 1st Graduate School to Enter Metaverse

Aventis Graduate School unveiled its metaverse roadmap and become Asia's first graduate school to enter the metaverse.

Meta's Virtual Reality Programmers Earn $1 Million
metaverse

Meta's Virtual Reality Programmers Earn $1 Million

Meta’s virtual reality programmers earn up to $1 million, according to anonymous sources. Despite significant losses in its metaverse-building division, the company's CEO, Mark Zuckerberg, is committed to its long-term vision.

Metaverse Hits Top 10 Strategic Technology Trends for 2023: Gartner
metaverse

Metaverse Hits Top 10 Strategic Technology Trends for 2023: Gartner

A study shows that the metaverse would remain one of the hot topics in the fintech industry. Metaverse also would be top ten strategic technology trends for 2023.

Samsung Debuts New Fan Experience on Decentraland
metaverse

Samsung Debuts New Fan Experience on Decentraland

Samsung Electronics America is defining the scope of its metaverse ambitions as it has launched a new store dubbed the Samsung 837x on Decentraland.

Sportium Announces Strategic Partnership with Dapper Labs
metaverse

Sportium Announces Strategic Partnership with Dapper Labs

Sportium has announced the successful close of investment from Dapper Labs with both signing an MOU as they both pursue a strategic partnership in helping Sportium fulfil its potential.

Sotheby's Metaverse to Launch Largest NFT Charity Auction with Sostento
metaverse

Sotheby's Metaverse to Launch Largest NFT Charity Auction with Sostento

Sotheby’s Metaverse announced that it has partnered with Sostento for the "biggest non-fungible token (NFT) charity auction ever".

Metaverse Seen to Bring in Big Investments, Says Morgan Stanley
metaverse

Metaverse Seen to Bring in Big Investments, Says Morgan Stanley

The metaverse is a booming investment topic, Morgan Stanley said in a research note, and stock sectors are already making the most of it.

Adidas' new NFT Collection Owners to get Custom Merch Access
metaverse

Adidas' new NFT Collection Owners to get Custom Merch Access

Adidas is launching its Non-Fungible Token (NFT) collection named ‘Into the Metaverse’ on December 17 as the global apparel brand looks to extend its foothold in the NFT space.

3 Good Reasons Why Investors Should be Optimistic About the Future of Crypto
metaverse

3 Good Reasons Why Investors Should be Optimistic About the Future of Crypto

Amidst the ups and downs the market has experienced in recent times, here are the top three reasons to stay positive as the market journeys onto more maturity.

Nvidia Plans to add Innovation in the Metaverse with Software, Marketplace Deals
metaverse

Nvidia Plans to add Innovation in the Metaverse with Software, Marketplace Deals

Nvidia Corporation has set its eyes on adding more creativity in the metaverse based on various marketplace and software deals.

OKX Launches Dias Metaverse Fan Experience
metaverse

OKX Launches Dias Metaverse Fan Experience

OKX, a cryptocurrency exchange and Web3 technology developer, has announced the launch of a metaverse fan experience in collaboration with Manchester City footballer Rúben Dias. The immersive experience allows fans to virtually experience Dias’ favorite training techniques and receive coaching and tips.

Top Indonesian Football Club Enters the Blockchain Gaming Arena, Partnering with LGG
metaverse

Top Indonesian Football Club Enters the Blockchain Gaming Arena, Partnering with LGG

To offer its fans new experiences in the blockchain gaming sphere, two-time Indonesian football league champion Persib Bandung has partnered with Liberty Gaming Guild (LGG).

McLaren Enters the Metaverse through InfiniteWorld
metaverse

McLaren Enters the Metaverse through InfiniteWorld

McLaren Automotive, a British automotive manufacturer, has entered the metaverse by giving customers a new level of experience where they can mint and sell NFTs.

FIFA Files Metaverse-Linked Trademark Applications for 2026 World Cup
metaverse

FIFA Files Metaverse-Linked Trademark Applications for 2026 World Cup

Federation Internationale de Football Association (FIFA), the world’s giant football governing body, has reportedly filed for trademarks as it seeks to join the metaverse space in the 2026 World Cup.

Japanese Entertainment Conglomerate Konami Enters Metaverse by Offering Web3 Jobs
metaverse

Japanese Entertainment Conglomerate Konami Enters Metaverse by Offering Web3 Jobs

Japanese entertainment firm Konami is hiring more talents on Web 3 to enable it to expand its footprint into the metaverse space.

HSBC Rolls Out Metaverse Fund for Premium Clients in Singapore and Hong Kong
metaverse

HSBC Rolls Out Metaverse Fund for Premium Clients in Singapore and Hong Kong

As the metaverse continues to gain momentum, HSBC Holdings has established a fund to render investment opportunities to its high and ultra-high net worth investors in Singapore and Hong Kong.

Japan's Tech Companies Collaborate to Build Open Metaverse Infrastructure
metaverse

Japan's Tech Companies Collaborate to Build Open Metaverse Infrastructure

Several tech companies in Japan have signed an agreement to create the Japan Metaverse Economic Zone and an open metaverse infrastructure called Ryugukoku. The infrastructure will serve as a new social infrastructure for enterprise digital transformation and enable interoperability across different platforms.

Hong Kong International Airport Launches First-Ever Metaverse
metaverse

Hong Kong International Airport Launches First-Ever Metaverse

Hong Kong International Airport (HKIA) has partnered with JCDecaux Transport Hong Kong to introduce the first-ever HKIA Metaverse.

Samsung Asset Management to Launch 1st APAC Metaverse Theme Active ETF on HKEX
metaverse

Samsung Asset Management to Launch 1st APAC Metaverse Theme Active ETF on HKEX

Samsung Asset Management (Hong Kong) Limited to launch the first APAC metaverse theme active ETF in Hong Kong with Samsung Asia Pacific ex NZ Metaverse Theme ETF (Stock code: 3172.HK), which is expected to list on HKEX by July 7.

Yahoo Hong Kong to Launch NFTs Products for Pet Lovers
metaverse

Yahoo Hong Kong to Launch NFTs Products for Pet Lovers

City Frenchie is already being built in Metaverse. Yahoo will launch the first NFT project at a prime location on the virtual island of Hong Kong.

Meta Partners with Digital Brand DressX for New Avatar Store
metaverse

Meta Partners with Digital Brand DressX for New Avatar Store

Meta said that it is partnering with digital fashion startup DressX for Meta's new Avatar Store to introduce new avatar fashion, expanding its business in Metaverse.

WildWorks Joins Crypto Games, Launching Tokenized Avatars and Virtual Worlds in Jan
metaverse

WildWorks Joins Crypto Games, Launching Tokenized Avatars and Virtual Worlds in Jan

Interactive game company WildWorks said it will enter the field of encrypted games and establish a new department focused on the development of the NFT virtual game community.

Wharton Business School Launches Online Metaverse Course, Accepting Payment in Crypto
metaverse

Wharton Business School Launches Online Metaverse Course, Accepting Payment in Crypto

The Wharton School of the University of Pennsylvania has announced the launch of a six-week online course on "Business in the Metaverse Economy."

Facebook’s Metaverse “Will Misfire”, Says Vitalik Buterin
metaverse

Facebook’s Metaverse “Will Misfire”, Says Vitalik Buterin

Vitalik Buterin disclosed that the Metaverse remains an undefined concept, and corporations such as Facebook will struggle to develop it.

Affyn Reveals The Next 44 Cities Set To Join NEXUS World Metaverse
metaverse

Affyn Reveals The Next 44 Cities Set To Join NEXUS World Metaverse

SINGAPORE - FEB. 2, 2023 - Fresh from the success of its “City Launch Wave 0,” Singapore-based blockchain startup, Affyn, is preparing to launch London (750 plots), Dublin (500 plots) and Glasgow (500 plots) as part of Wave 1, in conjunction with the 44-city reveal of their flagship metaverse, NEXUS World.

PolyU 1st in Hong Kong to Offer Metaverse & Blockchain Post-grad Programmes
metaverse

PolyU 1st in Hong Kong to Offer Metaverse & Blockchain Post-grad Programmes

Hong Kong's Polytechnic University is offering a postgraduate course in the metaverse and blockchain-related technology from September 2023, costing around $40,000 for tuition fees.

Space Runners Raises $10M Funding to Democratize Blockchain-Backed Fashion Metaverse
metaverse

Space Runners Raises $10M Funding to Democratize Blockchain-Backed Fashion Metaverse

Space Runners announced that it raises $10 million in a funding round co-led by Polychain and Pantera Capital. The company wants to use the funding to expand its NFT product lines.

Microsoft Acquires Activision Blizzard for $68.7B, Enters Metaverse
metaverse

Microsoft Acquires Activision Blizzard for $68.7B, Enters Metaverse

Microsoft announced that it has acquired Activision Blizzard for $68.7b, laying the foundation for Microsoft's entry into the Metaverse and accelerating its gaming business.

BSN Has Partnered with MetaverseSociety to Launch the South Korean BSN Portal Operator in November
metaverse

BSN Has Partnered with MetaverseSociety to Launch the South Korean BSN Portal Operator in November

BSNbase has partnered with the South Korean MetaverseSociety to launch the BSN portal operator in November, supporting Korean developers to quickly and efficiently build and operate blocks through its localized BSN platform Chain application.

Bitpanda Launches New Crypto Indices for Long-Term Diversified Portfolios
metaverse

Bitpanda Launches New Crypto Indices for Long-Term Diversified Portfolios

Bitpanda, a digital investment platform, rolled out at least four crypto indices for investors, providing more options by helping them to diversify their portfolios.

UK lawmakers propose metaverse-specific online safety bill
metaverse

UK lawmakers propose metaverse-specific online safety bill

Members of the House of Lords are of the opinion that activities taking place in the metaverse need to be included into any law that is written in the United Kingdom with the goal of regulating certain internet services.

Rising Use of Metaverse Could Pose Systemic Risk, Says Bank of England
metaverse

Rising Use of Metaverse Could Pose Systemic Risk, Says Bank of England

Staffers at the Bank of England have announced that the rise of metaverse may cause a systemic risk to financial stability. The researchers said that would require strong consumer protection frameworks.

China's Shanghai Unveils Action Plan to Forge a New Path in the Metaverse Tourism Industry
metaverse

China's Shanghai Unveils Action Plan to Forge a New Path in the Metaverse Tourism Industry

Shanghai has taken a significant step in the realm of metaverse tourism with the release of the "Shanghai Action Plan for Creating a New Path in Metaverse Tourism (2023-2025)". The plan, unveiled by the Shanghai Municipal Bureau of Culture and Tourism, outlines the city's strategic focus on five key areas to propel the development of metaverse tourism in the coming years.

Why Upland’s Virtual Land NFTs Are The Future Of Crypto
metaverse

Why Upland’s Virtual Land NFTs Are The Future Of Crypto

The asset class of non-fungible tokens (NFTs) is quickly growing and coincides with the rise of parallel worlds where people are spending more of their time and money.

Is Blockchain-Based Virtual Reality the Future?
metaverse

Is Blockchain-Based Virtual Reality the Future?

For years, advocates of virtual reality have struggled to overcome several major barriers to mass adoption — centralised corporations controlled user accounts, hackers eliminated digital assets, and developers lacked incentives to create quality VR content. Now, blockchain is changing the game.

DeFi - Find Out What's Happening in Macau on This Exciting Topic
metaverse

DeFi - Find Out What's Happening in Macau on This Exciting Topic

DeFi is explored in Macau by some of the leading names in this space. The FinWise Summit is second to none in delivering quality content at a fast pace

The Thrill Behind Non-Fungible Tokens
metaverse

The Thrill Behind Non-Fungible Tokens

A non-fungible token (NFT) is a digital asset whose ownership is blockchain-based, and its value is pegged on its uniqueness. Some of the most common use-cases of NFTs include event tickets, game items, digital collectibles, software licensing, digital certificates, in-game props, authentication certificates, and domain names.

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