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Surreal Events partners with Streaming Global to enhance the metaverse experience
11.10.2023
Surreal Events and Streaming Global have signed a 3-year partnership agreement. It enables Surreal XP to gain access to real-time pixel streaming, GPU Multitenancy, and remote rendering capabilities. This marks a significant milestone for Surreal Events, with the partnership being termed a new...
Drecom and The Sandbox to launch Eternal Crypt – Wizardly BC
11.10.2023
The Sandbox has announced joining hands with Drecom. The objective of this partnership is to launch the extension of the Wizardly franchise in its virtual world. Titled Eternal Crypto – Wizardly BC, the title is poised to redefine the way one interacts with the Web3 world. Both partners will...
China Daily Newspaper Mulls Metaverse and NFT Marketplace Launch - Here's The Latest
10.10.2023
China Daily, a prominent English-language newspaper owned by the Publicity Department of the Chinese Communist Party, has allocated a substantial 2.813 million Yuan ($390,000) to build its own metaverse and a non-fungible tokens (NFT) platform.
China Daily has called for a public tender, seeking...
Improbable stands tall amidst metaverse chaos
9.10.2023
The year 2022 has not been a particularly favorable time for businesses engaged in the metaverse. During this time period, the Reality Labs division of Meta lost $13.72 billion. Subsequently, a further $3.99 billion loss occurred in the first quarter of 2023. The employees face the possibility...
PayPal applies for NFT marketplace patent, Meta’s avatars impress: Nifty Newsletter
4.10.2023
PayPal filed a patent application for a system that lets users transfer and purchase nonfungible tokens
Neal Stephenson’s blockchain project holds discovery month as metaverse hype wanes
3.10.2023
Lamina1 CEO Rebecca Barkin told Cointelegraph that as long as people continue to invest time and money in digital experiences, the metaverse will continue to come to life
Mark Zuckerberg’s Vision: AI Leading the Way to the Metaverse
2.10.2023
Meta’s CEO, Mark Zuckerberg, has revealed that he remains committed to his pursuit of leadership in the fast-paced metaverse race.
In a recent interview with The Verge, which was uploaded on YouTube, Zuckerberg stated that the key to establishing a strong metaverse pedigree lies in...
Epic Games Trims Workforce by 16% Due to Unrealistic Metaverse Revenue Projections
29.9.2023
Epic Games, the creator of Battle Royale Smash, Fortnite, is cutting off approximately 830 staff, or 16% of its workforce, as it looks to reduce its costs and create a viable financial ecosystem for the company.
On Thursday, CEO Tim Sweeney confirmed this in a memo later in a blog post....
Fortnite Developer Epic Games Lays Off 16% of Staff Following Metaverse-Inspired Transition
29.9.2023
The game's growth is now primarily driven by creator content, meaning lower revenue for Epic as the revenue is shared around more
Epic Games lays off 830 staff, citing ‘unrealistic’ metaverse ambitions
29.9.2023
“Spending way more than we earn” — CEO Tim Sweeney blamed job cuts on major structural changes to the company’s economics
The metaverse is real: Zuck's 'incredible' photorealistic tech wows crypto twitter
29.9.2023
Often roasted for his metaverse tech demos, Zuckerberg appears to have blown away internet users with his latest avatar tech
Mark Zuckerberg reveals Meta AI chatbot, his answer to ChatGPT
28.9.2023
The new AI assistant, Meta AI will be initially available from Sept. 27 for a limited group of U.S.-based users
UK politicians enter the metaverse, mainstream media says NFTs are worthless: Nifty Newsletter
27.9.2023
British politicians went to the metaverse to discuss the benefits and potential challenges that Web3 technology brings
VR46 offers motorsport enthusiasts a unique Web3 experience
27.9.2023
Valentino Rossi’s company, VR46 Metaverse, has announced its partnership with Animoca Brands and Gravitaslabs to market ValeVerse. The Web3 and metaverse experience will go live on The Sandbox as the very first step of the roadmap. The development has been confirmed by Animoca Brands, further...
Yuga Labs and BAPE collaborate to reimagine iconic designs
26.9.2023
Yuga Labs and A Bathing Ape, also known as BAPE, have joined hands to reimagine iconic designs scheduled to become available starting in November 2023. What brings them together is the mutual understanding of community values, irreverence, and opulence. The upcoming launch has taken joint...
ETRI unveils domestic technology for upcoming metaverse world
25.9.2023
ETRI, short for Electronics & Telecommunication Research Institute, has unveiled technologies that will match the upcoming hyper-realistic metaverse world. The work done by researchers revolves around imaging and stereoscopic technologies. ETRI has participated in a number of events starting...
Walmart's Entry into Roblox Metaverse Guides Kids to 'Discover the Top Toys'
21.9.2023
US retailer Walmart has joined the ranks of corporates seeking to capitalize on the popularity of metaverse platforms like Roblox, but the strategy is being criticized for being aimed at children.
According to crypto news outlet The Block, the two Walmart divisions Walmart Land and Walmart’s...
XR Fair Tokyo/ Metaverse Expo Tokyo show management
21.9.2023
The 3rd XR Fair Tokyo [SUMMER] and 1st Metaverse Expo Tokyo [SUMMER] concluded with resounding success on June 30th, 2023, leaving a profound mark on the landscape of virtual reality, augmented reality, mixed reality, and the burgeoning Metaverse. Held at the iconic Tokyo Big Sight, this remarkable...
UK politicians don metaverse avatars as they share Web3 roadmap
21.9.2023
“Web3 represents a paradigm shift that reimagines the very fabric of the internet,” said British MP Natalie Elphicke
Meta launches metaverse game, Bitcoin Ordinals creator proposes numbering change: Nifty Newsletter
20.9.2023
Meta has rolled out early access for Horizon Worlds on web browsers and mobile devices