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Metaverse book gets boring rename in latest sign of waning enthusiasm
21.7.2024
The growing malaise for metaverse hype is reminiscent of the AI sector directly before the launch of GPT-3
AI and Metaverse Combo Could Create More Interactive, Personal Virtual Worlds, Says Tech Veteran
21.7.2024
According to Paul Thomas, a seasoned technologist and founder at Somnia, artificial intelligence (AI), like the metaverse before it, is currently experiencing hype. This hype cycle will continue to be in vogue before eventually waning. Thomas argues that combining the metaverse with AI...
Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms
20.7.2024
Despite Q1 company earnings rising 27% year-over-year, Reality Labs will have to cut costs
Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms
20.7.2024
Despite Q1 company earnings rising 27% year-over-year, Reality Labs will have to cut costs
Final Fantasy Publisher Square Enix Invests in Soccer Metaverse Game on the Polygon Blockchain
12.7.2024
Soccerverse, a massively multiplayer football management game, has successfully raised $3.1 million in a strategic funding round led by renowned games industry publisher Square Enix, with additional participation from early investor Hiro Capital. This brings the total funding to $4 million. Founded...
Unstoppable Domains to Provide Web3 Sign-In to Pudgy Penguins Metaverse
11.7.2024
Unstoppable Domains, a key player in Web3 domains and digital identity solutions, has announced an integration with Pudgy Penguins, enabling users to access Pudgy World using their .pudgy domain names. The integration allows users to bypass traditional password-based logins, offering a more...
Shemaroo brings AI-powered immersive gaming on ShemarooVerse with GMetri
5.7.2024
Shemaroo has recently formed a new partnership with GMetri, which is essentially an extension of its metaverse platform, ShemarooVerse, in the AI gaming sector. It will be accountable for the introduction of IP-oriented games to the Web3 arena. Shemaroo Entertainment has disclosed that...
Meta seeks to use generative AI in its metaverse, job listing shows
3.7.2024
Meta is offering a $347,000 yearly salary for an expert to drive its AI metaverse vision, while a regulator has banned Meta from using personal data from Brazilians to train its AI
Meta’s prototype ‘full holographic’ glasses could be a game changer for Web3
29.6.2024
The new holographic display could give NFTs the Pokemon Go treatment
Hong Kong eyes DeFi, DAO spent $37M to help free Julian Assange: Finance Redefined
28.6.2024
The Hong Kong government aims to expand its fintech dominance in DeFi and the metaverse despite challenges in the current landscape
Animoca Brands plans return to stock market by 2025
26.6.2024
Animoca Brands is considering a public market return after four years of delisting in Australia, eyeing more receptive jurisdictions like Hong Kong and the Middle East
Hong Kong targets DeFi, metaverse for fintech expansion
26.6.2024
Despite challenges in the current DeFi and metaverse landscape, the reports highlight potential growth and innovation in these emerging sectors
Kantana and The Sandbox are on a joint venture focusing on Metaverse entertainment
19.6.2024
The Sandbox, a market-leading metaverse platform, and Katana, Thailand’s top-rated internet company, are on a joint venture to produce the inspirational future of metaverse entertainment. The unique partnership utilizes Kantana’s storytelling capability with the Sandbox’s user-generated content...
Tech Entrepreneur Suggests Mainstream Companies May Have Adopted NFT Loyalty Programs Prematurely
16.6.2024
According to Juan Otero, CEO of the crypto-native travel booking platform Travala, many mainstream companies that attempted to use non-fungible tokens (NFTs) for customer or user loyalty programs may have seized the opportunity prematurely. Otero argued that at the time, Web3 companies had...
McDonald’s metaverse in Singapore, South Korea classifies NFTs as virtual assets: Nifty Newsletter
12.6.2024
NFT sales surge volumes across various platforms and blockchains, with Bitcoin-based digital collectibles leading the charge
South African Police Nab Alleged Mastermind of Metaverse Ponzi Scheme
8.6.2024
Neil Leon De Waal, a key figure in the GS Partners metaverse fraud case, was reportedly arrested by South African law enforcement in late May. He was subsequently released on bail on June 3. Authorities began investigating De Waal following a complaint from one of his victims. The complainant,...
The Sandbox raises $20M at $1B cap to grow open metaverse creator economy
7.6.2024
The Sandbox, the subsidiary of Animoca Brands, is conceptualizing a decentralized virtual world where creativity merges with gaming. Animoca Brands is a pioneer in digital property rights for the metaverse platform, and it is amazing to note that the Sandbox raised $20 million of promissory notes...
The Sandbox raises $20M at $1B valuation, promises to expand creator economy
7.6.2024
During a period when major metaverse projects are struggling to gain traction following the bear market of 2022-23, Sandbox announced that it has added over 330,000 unique creators
McDonald’s launches “My Happy Place” metaverse in Singapore
6.6.2024
The renowned American fast food chain McDonald’s launched the “My Happy Place” metaverse in Singapore in collaboration with Bandwagon Labs. Bandwagon Labs is the metaverse wing of Bandwagon, a top entertainment media technology organization. McDonald’s and Bandwagon Labs are both highly...
The Sandbox Raises $20M at $1B Valuation, SAND Rises 4.5%
6.6.2024
Metaverse platform The Sandbox has raised $20 million at a $1 billion valuation as it looks to enhance its user-generated multiplayer gaming platform