Metaverse News

The trade count for virtual worlds doubled to 51,000 in February, as the metaverse and gaming space received $148 million in investments.

The Metaverse isn't still what we envision as the future of the internet, and one of the problems troubling it is the lack of identification of spaces and navigation.

Gamium said the new collaboration would give it access to Meta's technologies and expert support sessions. 

Japan said it would expand investments in the metaverse in 2022. Today, 10 Japanese firms joined forces to create the metaverse economic zone.

A new gaming report shows an increase in investments, on-chain activity, and growth in trading volume for virtual worlds.

The tech giant believes the potential of the metaverse will be put to the test this year, and whether it sinks or swims remains to be seen.

Being the most speculative assets you can hold, GameFi tokens and NFTs lost almost all their value in 2022. But beyond the token prices, new things were a-brewing in blockchain gaming which will emerge in 2023.

The next unlock event will release an additional 372.5 million tokens, amounting to 12.419% of total supply.

Saudi Arabia signs agreement with The Sandbox — details unknown, but pumps SAND price roughly 30% towards $1 milestone.

Metaverse gaming project Undercity will open the first act-to-earn village in Europe, bridging virtual and real worlds.

Suzhou is aiming to launch 30 use cases by 2025 — primarily focusing on healthcare, tourism, city administration and education.

The news is good for traditional investors, but bad for metaverse and NFT hopefuls.

In a convergence of artificial intelligence and blockchain technology, the machine economy could contribute up to $15 trillion to the global economy by 2030, a PwC report said.

Social VR platform AltspaceVR will close in March, with the team switching development to Microsoft Mesh business-orientated products.

Decentraland price spiked significantly higher off the back of its partnership with the Australian Open and strong GitHub activity.

Gaming collected the largest amount at $4.49 billion, followed by Metaverse with $1.8 billion and Social Networks with $259.1 million. 

Institutions and individuals will also be able to access rights protection monitoring and copyright protection services through the NFT trading platform.

Select WMG artists will be able to launch their digital collectibles and connect fans with special content and experiences.