A metaverse is a network of 3D virtual worlds focused on social connection.
Decentraland shoots up 73% to pre-FTX collapse level
Decentraland price spiked significantly higher off the back of its partnership with the Australian Open and strong GitHub activity.
Web3 startups raised $7.1B in funding during 2022 – Gaming accounted for 62%
Gaming collected the largest amount at $4.49 billion, followed by Metaverse with $1.8 billion and Social Networks with $259.1 million.
China to launch its first regulated NFT marketplace, China Digital Asset Trading Platform, on January 1
Institutions and individuals will also be able to access rights protection monitoring and copyright protection services through the NFT trading platform.
Warner Music, Polygon partner with LGND to establish LGND Music
Select WMG artists will be able to launch their digital collectibles and connect fans with special content and experiences.
Animoca to launch $2B investment fund for metaverse
The fund is currently at the formation stage and intends to raise between $1 billion and $2 billion to invest in metaverse-related businesses.
Huobi announces launch of world’s first national token, DMC
DMC holders to receive Dominica DID status, opportunity to obtain passports issued by the Government of Dominica, and Dominica Metaverse privileges.
Istanbul Blockchain Week panelists hopeful on adoption of next-generation blockchain tech
CEO of Elixxir and cryptography pioneer, David Chaum, expressed that the ongoing issues in centralized finance might hopefully be able to "stimulate the adoption of this next generation of technology" without the vulnerabilities.
Square Enix joins Cross The Ages Metaverse as strategic investor
The partnership will assist CTA with its development program, talent retention, and marketing of its first fun-to-play blockchain game.
Microsoft Cloud UAE prepares to offer tools to build the Metaverse
Microsoft Cloud UAE COO Ihsan Anabtawi revealed the company's plans and products in development for supporting companies in the metaverse.
Metaverse demand remains high despite bear market
DappRadar's recent report revealed that the sales count of top metaverses decreased only by 11.55%, which is a bullish sign considering the current market.
INTERPOL takes global policing to the Metaverse
INTERPOL is looking to take premptive action against Metaverse criminality by embracing the tech and influencing governance at this early stage.
Top 10 metaverse tokens tank as interest wanes
After the hype of 2021 saw the value of metaverse lands ballon to astronomical heights, the value of these lands have now drastically declined.
Decentraland dispute claims its virtual world platform is a ghost town
DappRadar data showed Decentraland's daily average users came in at 30 people, however, the platform says a more accurate gauge of user activity is the number of unique visitors.
Decentraland has just 30 daily active users despite billion dollar market cap – DappRadar data
Decentraland data per DappRadar is being questioned based on the low number of daily active users on the platform.
Hugo Boss announces the ‘360-degree metaverse experience’ with new NFT line
Fashion giant teamed up with Imaginary Ones to launch its NFT line, and the new metaverse experience.
Genokishi up 26% in September as project rebrands to the GENSO metaverse
The GENSO metaverse token MV is up 26% since Sept. 19, as project launches the second Gensokishi open beta
Ethernity up 174% ahead of anticipated announcement at Decentraland meetup
NFT project Ethernity pumps while the overall market sinks. Many members of the community unsure of the catalyst for outsized gains