5 / 13 Relevant items tagged with #Metaverse

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Fortnite Developer Epic Games Lays Off 16% of Staff Following Metaverse-Inspired Transition

[Sep 29, 2023 2:33 AM] The game's growth is now primarily driven by creator content, meaning lower revenue for Epic as the revenue is shared around more.

Swiss Web3 Tornado

[Sep 26, 2023 9:07 AM] Coin Fam In the last article we teased VESA being in Switzerland, and how the country is advancing leaps and bounds in the eyes of the international crypto community, but today we will give you the lowdown on what the Swiss Web3 Fest was all about…

UK politicians don metaverse avatars as they share Web3 roadmap

[Sep 20, 2023 11:55 PM] “Web3 represents a paradigm shift that reimagines the very fabric of the internet,” said British MP Natalie Elphicke.

Signal hints at leaving UK market following passage of online safety bill

[Sep 20, 2023 11:00 AM] Critics of the U.K. Online Safety Bill had pushed for amendments prior to passage, claiming the legislation could allow authorities a backdoor for end-to-end encryption services.

Water & Music’s Cherie Hu says Web3 and AI will revolutionize creativity: The Agenda

[Sep 20, 2023 6:20 AM] Water & Music founder Cherie Hu explains how technology is evolving the music industry — but is it to the benefit of musicians?

UK Just Passed an Online Safety Bill That Will Apply to the Metaverse

[Sep 20, 2023 4:05 AM] The bill requires companies to assess the likelihood that children will encounter harmful content in virtual worlds and have measures in place to mitigate such risks.

Animoca Game Studio to Launch BTC-Based Metaverse Token, Signaling New Era for Bitcoin

[Sep 17, 2023 12:30 PM] Animoca Brands subsidiary Darewise Entertainment has announced plans to launch the first-ever metaverse token for the Bitcoin blockchain. The studio says the new token aims to power a full ecosystem on Bitcoin for gaming, brands, and real-world…

Sony Announces Joint Initiative to Create Blockchain for Spearheading Its Web3 Strategy

[Sep 16, 2023 1:30 AM] Sony Network Communications, part of the Sony Group, entered into a joint initiative to create a blockchain project that aims to serve as the “backbone of global Web3 infrastructure.” The new company, created with Startale Labs, a Web3…

Animoca Brands Raises $20M for Metaverse Project Mocaverse

[Sep 11, 2023 2:53 AM] The investment was led by CMCC Global and included contributions from Kingsway Capital, Liberty City Ventures and GameFi Ventures.

Failure to tax the metaverse ‘will create a tax haven’ — Harvard legal expert

[Sep 4, 2023 11:30 AM] Harvard scholar Christine Kim writes that income and wealth in the metaverse should be subject to immediate taxation.

Meta’s Metaverse Is Finding Its Legs — In Avatars

[Sep 1, 2023 10:00 PM] Meta’s Horizon Worlds, the metaverse flagship app of the company formerly known as Facebook, is reportedly getting legs as part of users’ avatars in the coming weeks. The functionality is already present in a public test version of the…

How to host an event in the metaverse

[Aug 29, 2023 2:46 AM] From pre-event planning to virtual execution, discover the steps to create an immersive and engaging digital experience that captivates the audience.

Julian Assange campaign to hold metaverse political rally against extradition

[Aug 24, 2023 5:00 AM] Julian Assange is currently locked in a London jail fighting a four-year court battle against his extradition to the US.

China proposes to bring its social credit system to the metaverse: Report

[Aug 20, 2023 11:57 PM] Proposals to a United Nations group reportedly show China wants digital IDs and real-world punishments for actions that occur in the Metaverse.

Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth

[Aug 16, 2023 3:40 PM] The much-awaited Shibarium network saw over 21 million wallets created during its testnet phase and is expected to position Shiba Inu as a serious DeFi contender.

Neal Stephenson's Metaverse Vision Is One Step Closer as Lamina1 Blockchain Launches Betanet

[Aug 14, 2023 11:37 AM] The metaverse-focused layer 1 blockchain, dreamed up by science-fiction author Neal Stephenson and blockchain expert Peter Vessenes, is launching the Lamina1 Hub for Web3 builders and creators.

Sandbox Set For $133 Million Token Unlock, A Bearish Trigger For SAND Price?

[Aug 8, 2023 3:00 PM] Decentralized gaming platform, The Sandbox is set to execute a SAND token release valued at $133.86 million. According to data from TokenUnlocks, Sandbox will release 332.55 million SAND tokens into circulation on August 14, representing 16.16% of…

Futureverse co-founders launch $50M venture fund

[Aug 3, 2023 1:30 PM] The AI metaverse company raised $54 million in a Series A round in July.

Metaverse Project Futureverse's Co-Founders Start $50M Venture Fund

[Aug 3, 2023 8:27 AM] The Born Ready venture studio will invest in early stage Web3 and metaverse projects.

Nifty News: Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more

[Jul 31, 2023 8:38 PM] Roar Studios will be acquired by Yuga Labs as the latter looks to onboard talent for its still-in-development Otherside metaverse.

Yuga Labs Acquiring Roar Studios to Accelerate 'Bold Vision' for Otherside

[Jul 31, 2023 3:29 PM] The Roar team will "contribute their innovative technology, specialized expertise and leadership" to Yuga Labs as it continues its ambitious growth plans for Otherside.

Meta Aims to Recharge Lagging Horizon Worlds Metaverse With New In-House Game Studio

[Jul 28, 2023 2:47 PM] The struggling platform reported losses of $3.7 billion in the second quarter, though CEO Mark Zuckerberg remains "fully committed" to the metaverse and AI.

Yuga Labs Hopes to Rile Up Its Bored Apes With Latest Otherside Demo

[Jul 28, 2023 7:00 AM] The Web3 company has been laser-focused on building out its Otherside metaverse this past year. The latest live demo in Los Angeles hopes to revive interest among its forgotten Bored Ape community.

The Sandbox and the British Museum bring art and history to the metaverse

[Jul 28, 2023 4:09 AM] The partnership between The Sandbox, the British Museum and laCollection intends to make artifacts in the museum’s collection more accessible.

Bruce Lee avatar to teach martial arts in the metaverse

[Jul 27, 2023 7:07 AM] Those who wish to participate can do so by minting their avatars on the Polygon and Ethereum blockchains.

Meta Remains Committed to the Metaverse, Mark Zuckerberg Says

[Jul 27, 2023 12:07 AM] The pivot to the metaverse has cost Meta billions of dollars, but the company’s founder and CEO Mark Zuckerberg says the social media isn't looking to give up anytime soon.

Meta Q2 earnings: Reality Labs losses top $7.7B year to date

[Jul 26, 2023 4:51 PM] Meanwhile, Meta's metaverse-building business has racked up around $21 billion in losses since the start of 2022.

McDonald’s debuts McNuggets Land in The Sandbox

[Jul 21, 2023 10:18 AM] McDonald's Hong Kong has picked The Sandbox to build its first Web3 experience, the McNuggets Land.

McDonald’s Opens McNuggets Land in the Metaverse, but McWhy?

[Jul 21, 2023 6:06 AM] The fast food giant is celebrating the 40th anniversary of the menu item with a perplexing new Web3 activation.

Ripple Dives Deeper Into Metaverse With $54 Million Investment In Futureverse

[Jul 18, 2023 3:00 PM] Futureverse, a metaverse infrastructure and content company, has received a $54 million investment round from Ripple and other investors to create an open, scalable, and interoperable infrastructure within the metaverse industry.  The company plans…