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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
McDonald’s metaverse debuts in Singapore
6.6.2024
McDonald’s Singapore launches the ‘My Happy Place’ metaverse, letting locals build virtual burgers, play multiplayer games, and earn rewards
CU, together with MiL.k, unveils their metaverse game Play CU X MiL.k
5.6.2024
CU and MiL.k deliver their metaverse game Play CU X MiL.k within The Sandbox, connecting the space between Web2 and Web3. For the uninitiated, CU is a top-of-the-line departmental store based in South Korea, whereas MiL.k is basically a blockchain-oriented loyalty incorporation platform. Through...
Metaverse Project “Genso Meta” Announces MV Chain With Arbitrum Orbit to Improve User Experience
4.6.2024
PRESS RELEASE. Since its launch, Genso Meta has been actively developing applications that combine gaming and blockchain technology. Beyond Play2Earn, Genso introduced UGC2EARN, allowing players to create and profit from content. They’ve also partnered with Hikone Castle in Japan to blur...
Animoca Brands and EVG solidify strategic partnership with cross-investments
4.6.2024
Animoca Brands has formed a collaboration with Everest Ventures Group to implement an investment exchange initiative, in which both parties contribute to the other. The two entities are both dedicated to the improvement of the Web3 ecosystem and its widespread adoption. With respect to investments...
Google Partners With Magic Leap to Bolster the Potential of Augmented Reality Technologies
3.6.2024
One of the leaders in the augmented reality industry, Magic Leap, announced on May 30 that it had partnered with Google to enhance the potential of augmented reality technologies. This new collaboration aims to release unique product offerings while further expanding the longstanding relationship...
Google and Magic Leap partner up to make metaverse goggles despite past flops
1.6.2024
It’s unclear why the two companies have partnered up, but the scheme comes amid Apple’s push to dominate the “spatial computing” market
US Treasury: NFTs and NFT Platforms Highly Susceptible to Fraud and Scams
31.5.2024
A risk assessment conducted by the U.S. Treasury Department found that non-fungible tokens (NFTs) and related platforms are highly susceptible to use in fraud and scams. The risk assessment also warns that criminals can exploit NFTs to launder illicit proceeds or “obfuscate the source...
The new version of Torque Drift 2 integrated with Motorverse is out
29.5.2024
The Torque franchise is coming up with its biggest update, which includes a brand new game mode, improved modding tools, and multiplayer leading boards. The Motorverse-powered Torque Drift 2 can be used to enhance interoperability, and Grease Monkey Games, the leading games studio, has released...
The Sandbox DAO, a major step toward an open metaverse
29.5.2024
The Sandbox has announced the launch of The Sandbox DAO, its global community. In order to determine the future of the open metaverse, the corporation encourages citizens to propose and participate in governance decisions. Built on blockchain technology with Web3 components and NFTs, The Sandbox...
MoonPay launches Web3 platform for brands, digital experience
28.5.2024
Crypto firm MoonPay is targeting digital experience for brands in its new Web3 platform, a market estimated to reach over $25 billion by 2029
The Sandbox launches Sandbox DAO with 25M Sand Treasury
28.5.2024
The new DAO will allow SAND and LAND owners to vote on platform projects, aiming to enhance transparency and community involvement
Study: 60% of US Crypto Investors Don’t Understand Blockchain
25.5.2024
According to a recent survey by Preply, as many as three in five, or 60%, of U.S. cryptocurrency investors do not understand blockchain technology. The study found that Generation Z, despite 41% expressing interest in learning about cryptocurrency, had the smallest percentage of individuals willing...
Study: 60% of US Crypto Investors Don’t Understand Blockchain
25.5.2024
According to a recent survey by Preply, as many as three in five, or 60%, of U.S. cryptocurrency investors do not understand blockchain technology. The study found that Generation Z, despite 41% expressing interest in learning about cryptocurrency, had the smallest percentage of individuals willing...
Investing in the Metaverse: Is It Worth It?
24.5.2024
The concept of the Metaverse has gained significant attention in recent times, prompting many to consider its investment prospects.
The post Investing in the Metaverse: Is It Worth It? appeared first on Cryptonews
Rabbit AI’s alleged NFT scam, Dolce & Gabbana’s class-action lawsuit: Nifty Newsletter
22.5.2024
Fashion brand Dolce & Gabbana faces a class-action lawsuit over an alleged late delivery of its NFTs
The Sandbox partners with Bitkub to expand the network’s Metaverse
22.5.2024
The Sandbox and Bitkub established an alliance to expand the network’s metaverse within The Sandbox. The establishment of a metaverse hub will provide users with the opportunity to interact with a variety of desirable entities in the Bitkub Metaverse. The Sandbox operates as a decentralized...
Dolce & Gabbana Sued Over $6,000 NFTs Losing 97% Value
18.5.2024
Dolce & Gabbana USA Inc. faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which included metaverse outfits, lost 97% of their value due to delivery failures by the luxury fashion house. The complaint, filed in Manhattan federal court, alleges...
Dolce & Gabbana Sued Over $6,000 NFTs Losing 97% Value
18.5.2024
Dolce & Gabbana USA Inc. faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which included metaverse outfits, lost 97% of their value due to delivery failures by the luxury fashion house. The complaint, filed in Manhattan federal court, alleges...
Blockchain gaming investments reached nearly $1B in April
17.5.2024
The investment figures come alongside a record high 2.9 million daily unique active wallets (dUAW) for the month