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Napster's Corpse Sold To Metaverse Company For $200+ Million
25.3.2025
Napster, a once-popular website people used in the late ‘90s to illegally share music online that went bankrupt in 2001, has been sold for $207 million to a 3D technology company with plans to bring the brand into the metaverse. Read more
Metaverse Firm Improbable Offloads Gaming Subsidiary to Keywords for $96.8 Million
18.12.2023
Source: Pixabay Metaverse startup Improbable has sold its gaming subsidiary, MPG, to Irish video game company Keywords Studios for $96.8 million. The SoftBank-backed metaverse company said in its annual statement published today that it had completed the sale of its games services subsidiary...
Today in Crypto: Sony and MeetKai Reveal Metaverse Gaming Experience for Horror Film, ‘We Are in Early Stages of Bull Market’ Say Analysts
31.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Gaming news Sony Pictures and Spyglass Media Group partnered with AI and metaverse company MeetKai to create a virtual...
‘Metaverse’ Term Creator Neal Stephenson Not Bullish About Massive Adoption of Virtual Worlds
28.2.2023
Neal Stephenson, ostensibly the first to coin the term “metaverse,” issued his opinion about the future of the adoption of virtual worlds. The sci-fi writer and co-founder of Lamina1, a blockchain metaverse company, believes that building experiences that millions of people consider...
$1.2 Billion Metaverse Company Boasts It Has A Whopping 8,000 Daily Users
13.10.2022
Last week, an NFT founder tweeted that the metaverse company Decentraland only had 30 daily active users, despite its $1.2 billion market valuation. After a cryptocurrency news outlet reported the numbers, this week Decentraland hastily corrected on its blog that its metaverse actually has 8,000...
Web3 Metaverse Company Hadean Raises $30 Million in Series A Funding Round Backed by Epic Games and Tencent
26.9.2022
Hadean, a company using computing to scale virtual and metaverse worlds, has successfully closed its Series A funding round, raising $30 million. Among the companies that invested were gaming giant Epic Games and Chinese entertainment behemoth Tencent. Hadean aims to keep developing...
Sports Metaverse company secures $200 million funding
16.9.2022
The company said the funds will support the building of virtual sports cities around the world
Metaverse Company Condense Raises $4.5 Million to Accelerate VR Streaming Adoption
1.8.2022
Condense, a Bristol, England-based metaverse company that produces technology to allow the streaming of events to virtual reality apps, has raised $4.5 million in its most recent seed round. The round, which was led by Localglobe, 7percent Ventures, and Deeptech Labs, gives Condense funding...
Facebook Launches USD 50M Investment In Metaverse Research, Partnerships
28.9.2021
opener noreferrer" href="https://cryptonews.com/exclusives/what-is-the-metaverse-a-high-tech-plan-to-facebookify-the-wo-11437.htm">strategy to become “a metaverse company,” functioning in an “embodied internet” that blends real and virtual worlds to an unprecedented extent.Earlier this ye