In May, stock trader turned meme coin influencer Roaring Kitty announced his comeback on social media. Notably, even though his first tweet didn’t mention the GameStop stock, the financial instrument saw its…
Category: Metaverse
Sotheby’s Sold Digital Art at $35M in 2023
The 279-year-old British American house witnessed the highest for digital artwork in the same year. This year, Sotheby’s, a fine arts auction house, sold digital art worth ‘nearly $35M.’ Michael Bouhanna, the…
Improbable Sells Gaming Venture for $97 million Amid Metaverse Restructure in 2024
Improbable, the metaverse creator, sold The Multiplayer Group, its gaming venture, as part of its venture plan for next year. In an end-of-the-year statement on December 18, Improbable, a metaverse technology firm,…
How to Buy Decentraland’s MANA – A Complete Beginner’s Guide
Besides cryptocurrency trading, blockchain technology facilitates the development of virtual worlds better known as metaverse. Over the past few years, several blockchain-powered metaverse platforms have been launched. Among them is Decentraland. In…
Roblox Chief Executive Envisages In-Game NFTs as Part of Open Ecosystem ‘Dream’
David Baszucki, Roblox’s chief executive, claimed that special edition nonfungible token items could be unveiled in the future as part of an open ecosystem. The primary question is whether this will occur….
The Sandbox Recruits Ex-PlayStation and Ubisoft Executive to Further Game’s Creator Economy
In a recent statement, the Sandbox has confirmed recruiting former executive at Ubisoft and PlayStation. The experienced gaming executive is a gem for The Sandbox. The veteran will oversee the creator economy…
Zuckerberg Consider Metaverse Return Imminent, Likens it Face-to-Face Conversation
A podcast by Mark Zuckerberg and Lex Fridman focused on artificial intelligence in the metaverse. It also revealed significant progress from Meta’s legless avatars. It may be sufficient to question their reality’s…
Animoca Brands’ Darewise Set to Launch a Metaverse Token via Ordinals
On Saturday, one of the biggest metaverse investment companies, Animoca Brands, announced plans to roll out a metaverse token through its subsidiary Darewise Entertainment. The token will be launched on the Bitcoin…
Zepeto’s Jump Crypto Joint Venture ZTX Nets $13M to Pursue Metaverse Platform on Arbitrum
Zepeto, South Korea’s leading metaverse platform, is counting on nonfungible tokens (NFTs) with its ZTX joint venture with jump crypto that guided the seed round. Zepeto, a famous metaverse platform in South…
China Mulls Unveiling Social Credit System on Metaverse
China is eyeing to launch a system similar to the social credit system to run on metaverse technology. Reports indicate it plans to launch the system in other online virtual worlds. China…
European Commission Projects Extended Reality to Generate 860K Jobs by 2025
Strategies for becoming a global leader in Web 4.0 and the Metaverse have been laid out by the European Commission. The move aligns to the European Commission belief that by 2025, ‘extended…