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Roblox CEO 'dreams' of in-game cross-platform NFTs and digital objects
10.11.2023
Roblox founder and CEO David Baszucki expects top brands and celebrities to take charge and play a key role in making the "dream" of cross-platform NFT come true
Top Metaverse property investments suffer massive losses: Report
27.5.2023
Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value over the past year from January 1, 2022, to May 24, 2023
Snow Crash manuscript that coined the term ‘Metaverse’ to be auctioned by Sotheby's
23.2.2023
The manuscript is part of a larger series of physical and digital items related to the famous book
Metaverse experience to sway real-world travel choices in 2023: Survey
17.12.2022
A survey participated by 24,179 respondents across 32 countries reveal that nearly half, or 43% of the respondents, intend to use virtual reality to inspire their choices
Metaverse is a new frontier for earning passive income
28.11.2022
Those looking to earn passive income in the metaverse have several available options, but how profitable and durable these are isn’t yet clear
South African Financial Services Giant Nedbank Secures a ‘Village’ in the Metaverse
26.9.2022
The South African financial services giant, Nedbank, is reported to have acquired a village in the metaverse. The village will be used to showcase African creativity and to create experiences that “go beyond banking.” By securing a virtual property in Ubuntuland, Nedbank became one...
Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest
8.8.2022
The virtual real estate market is crashing despite a McKinsey report predicting a $5 trillion market by 2030
The Largest NFT Mint in History — Bored Ape’s Otherside Virtual Land Sale Raises $320 Million
1.5.2022
On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out to be one of the largest non-fungible token (NFT) mints to date. The Otherside metaverse virtual land sale raised close to $320 million by selling 55,000 parcels...
Study: 25% of US Crypto Investors Either Own or Plan to Acquire Land in the Metaverse
23.4.2022
A new study has found that 25% of U.S. cryptocurrency investors own or rent land in the metaverse, or plan to acquire the same. Out of four generations, the Baby Boomer generation has the highest (18%) proportion of crypto investors interested in owning or renting land in the metaverse. Gen Z Less...
British Investment Bank HSBC Joins Metaverse via Sandbox, Animoca Brands Partnership
16.3.2022
The British multinational investment bank and financial services holding company, HSBC, has revealed it has partnered with the blockchain virtual gaming platform The Sandbox. According to the platform’s parent company, Animoca Brands, HSBC is the first global financial services provider...
Virtual Land Adjacent to Snoop Dogg’s Sandbox Estate Sells for $450K in Ethereum
4.12.2021
The popular American rapper Snoop Dogg revealed at the end of September that he acquired land in the blockchain-based virtual metaverse The Sandbox and had plans to recreate his mansion. On December 2, The Sandbox held a “Snoopverse Land Sale,” which allowed participants to purchase...
Axie Infinity virtual land slot sells out for 550 ETH
25.11.2021
According to the game's developers, it's the largest sum ever paid for virtual real estate
NFT game creator flips Axie Infinity virtual land for 9,200% gain in one year
15.7.2021
Illuvium co-founder Kieran Warwick has sold a virtual land plot in Axie Infinity for $28,000 after purchasing it last year for $300
Decentraland celebrates 1 year anniversary with virtual party
21.2.2021
The virtual world is celebrating in style with "live" DJ sets and a new club reveal
Virtual land can be worth more than the real thing after plot sells for record $1.5M
10.2.2021
Digital land is breaking new ground in terms of the price it can fetch, sometimes beating out the real thing
An Ethereum VR Game Featuring Atari and Care Bears Sells Plots of Virtual Land for $76K
20.10.2020
A great number of Non-fungible tokens (NFTs) have been selling on various marketplaces this year creating tens of thousands of dollars in NFT sales. One particular platform called The Sandbox has been selling virtual land parcels for thousands of dollars worth of ether. The Sandbox is a virtual...