1 / 13 Relevant items tagged with #Metaverse

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NFT Bubble Bursts: Experts Warn Issuers Must Get Creative or Face Oblivion

[Jan 16 12:30 PM] The non-fungible token (NFT) market faced its worst performance in four years in 2024, with trading volumes and sales dropping by 19% and 18%, respectively. 2024 NFT Trading Volumes Fell to a Quarter of 2022 Levels The non-fungible token (NFT)…

Today’s metaverse and the dream of digital ownership

[Jan 14 8:26 AM] Yat Siu outlines the evolution of Web3 and the open metaverse since 2023, examining digital ownership, economic opportunities and the growth of DAOs, cryptocurrencies and NFTs.

Jeju Island Goes Meta: NFTs to Lure Gen Z Tourists

[Jan 7 3:30 AM] Jeju Island, South Korea’s special self-governing province, plans to introduce NFT-based digital resident tourism cards in the second half of this year. Jeju Authorities Target Millennial and Gen Z Visitors South Korea’s special self-governing…

PUBG creator ‘not even thinking about’ NFTs for upcoming metaverse: Report

[Jan 6 1:30 AM] Brendan Greene, the creator of PUBG, says his upcoming metaverse could integrate blockchain technology — though he doesn’t seem to have any plans for NFTs.

Nokia files patent for digital asset encryption device and program

[Dec 23, 2024 1:32 PM] A Nokia patent application shows that the company may be moving into digital asset encryption.

Ubisoft, Arbitrum to launch ‘Captain Laserhawk’ Web3 shooter Dec. 18

[Dec 11, 2024 8:35 PM] The French gaming company developed the title in partnership with the Arbitrum Foundation.

NFTs are not dead, they’re evolving: Hashing It Out podcast

[Dec 5, 2024 2:00 PM] NFTs may have died down, but RARI Foundation’s Jana Bertram is bullish on their evolution, according to her analysis of the industry in the latest episode of the Hashing It Out podcast.

Unyted + Vesa

[Dec 4, 2024 7:23 PM] Unyted we (meta) stand Many of the fancy metaverse projects take loooong to build and often require developers and budgets just to stay alive. In fact, one of my favorite ones had the whole company collapse around it in the build phase. I…

Creators’ IP rights must be protected in the age of AI — Tracverse founder

[Nov 13, 2024 1:20 PM] Traverse founder Amos Thomas believes stories are the foundation of everything, and that humanity must do everything in its power to protect them.

Study: 98% of 2024 NFT Drops Are Dead; Only 0.2% Have Generated Profits for Investors

[Nov 11, 2024 11:45 PM] A new study shows a slump in the non-fungible token market, with low trading activity and steep price drops hinting at potential market oversaturation. Demand and Supply Mismatch A study finds that 98% of non-fungible token (NFT) drops in 2024 have…

OpenAI launches consumer hardware division led by former Meta AR boss

[Nov 5, 2024 8:02 PM] The division’s new leader has extensive experience developing metaverse hardware.

Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes

[Nov 5, 2024 9:30 AM] Alibaba has laid off employees at its metaverse unit, Yuanjing, reflecting a broader industry trend of waning interest in metaverse projects by large Chinese corporations. Despite Layoffs, Alibaba Remains Committed to the Metaverse Chinese tech…

Alibaba reportedly cuts dozens from metaverse unit

[Nov 4, 2024 4:54 AM] The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI. 

FINRA Warns Member Firms of Metaverse Adoption Challenges

[Oct 27, 2024 10:30 AM] The Financial Industry Regulatory Authority has released a report highlighting the potential benefits and risks of the metaverse for the securities industry. The report emphasizes the importance of addressing challenges identified to ensure the…

FINRA says rules still apply in the metaverse

[Oct 25, 2024 9:28 PM] The Financial Industry Regulatory Authority says brokers and dealers are increasingly experimenting in the metaverse.

Crypto Scheme Settlement: Tennessee and GS Partners Resolve Misleading Digital Asset Investments

[Oct 17, 2024 11:20 AM] Tennessee has secured a multi-million dollar settlement with GS Partners over alleged deceptive investment schemes involving digital assets and the metaverse. Investors were enticed with tokens and vouchers linked to physical gold, skyscrapers, and…

NFT holders sue art gallery alleging it broke metaverse promise

[Oct 11, 2024 2:59 AM] A group of NFT holders sued the creators of the collection, claiming they made no significant steps to fulfill promised perks and had no knowledge of blockchain. 

Epic wants Fortnite, Minecraft, Roblox to become interoperable metaverse

[Oct 7, 2024 5:16 PM] Unreal 6 is being designed as a platform for metaverse development.

Discovering the Creator-Driven World of Nifty Island

[Oct 6, 2024 8:51 PM] In the latest episode of Regina’s Web3 Gaming Odyssey, she dives headfirst into Nifty Island—a metaverse brimming with customizable islands, NFT integration, and social interaction. Last week’s quick recap Last episode’s livestreamed…

Meta shows off Web3-to-reality bridge with ‘Hyperscape’ metaverse demo

[Oct 3, 2024 4:40 PM] The tech is still experimental, but its implications could change how users view reality.

Zuckerberg becomes fourth-wealthiest person following shift to Meta

[Sep 29, 2024 10:09 PM] Tech giant Meta's current market capitalization is more than $1.4 trillion — making it one of the most valuable companies in the world.

How metaverse platforms could solve the loneliness epidemic

[Sep 27, 2024 2:48 PM] The growing social media and online gaming usage will require more decentralized and community-owned alternatives.

Animoca Brands, The Sandbox, and Smobler Launch Virtual Peace Sanctuary in Metaverse

[Sep 24, 2024 6:22 PM] Animoca Brands, a company specializing in digital property rights and gaming, alongside The Sandbox, a decentralized virtual world, and Smobler, a metaverse architecture firm, have launched the virtual Universal Peace Sanctuary. The project, hosted…

Web3 Gaming Platform UNKJD Soccer Collaborates With Puma for Exclusive In-Game Content

[Sep 19, 2024 1:00 PM] UNKJD Soccer, a popular Web3 sports mobile game, has announced a new collaboration with global sportswear brand Puma. The partnership will bring Puma’s iconic designs and content to the game, offering players new characters, skins, and exclusive…

5 US States Settle With GSB Group Over Unregistered Crypto Sales

[Sep 14, 2024 8:30 AM] Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Josip Heit agreed to cease…

‘Godmother of AI’ launches World Labs with $230M funding at $1B valuation

[Sep 13, 2024 8:50 PM] The company’s focus will be on developing artificial intelligence with 3D perception.

Eve Frontier’s in-game economy will let players create real cryptos

[Sep 12, 2024 8:54 PM] CCP games says it isn’t a blockchain game; it’s a game that utilizes blockchain.

Spatial Computing Expert: AI Didn’t Contribute to Metaverse’s Decline

[Sep 7, 2024 11:30 AM] Luis Oscar Ramirez, founder and CEO of Mawari, believes the idea that artificial intelligence (AI) has contributed to the decline in metaverse interest and investment is misguided. Instead, Ramirez said he sees AI as a powerful catalyst for…

The Sandbox's Largest Market for Creators Is Now India: Co-Founder Sebastien Borget

[Sep 4, 2024 11:28 AM] India is Metaverse platform The Sandbox's largest market for creators with users numbers doubling in less than a year, co-founder Sebastien Borget told CoinDesk in an interview.

What Web3 Games Need to Do to Break into the Japanese Market – IVC Partner Ann Chien

[Sep 1, 2024 3:00 PM] IVC is a Web3 venture capital fund backed by leading Japanese gaming studios. They focus on Web3 gaming, digital entertainment, AI, DeFi, and infrastructure, and have invested in over 200 projects. They also host Japan’s largest Web3 conference…