3 / 13 Relevant items tagged with #Metaverse

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Dolce & Gabbana Sued Over $6,000 NFTs Losing 97% Value

[May 17, 2024 7:29 PM] Dolce & Gabbana USA Inc. faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which included metaverse outfits, lost 97% of their value due to delivery failures by the luxury fashion house. The…

Blockchain gaming investments reached nearly $1B in April

[May 17, 2024 2:15 PM] The investment figures come alongside a record high 2.9 million daily unique active wallets (dUAW) for the month.

Dolce & Gabbana face class action lawsuit after NFT delivery kerfuffle

[May 17, 2024 10:36 AM] The suit alleges that delays in delivery caused purchased NFTs to lose 97% of their value.

Dolce & Gabbana Sued for Messing Up Delivery of Its NFTs: Bloomberg

[May 17, 2024 6:20 AM] A lawsuit filed on Thursday alleges Dolce & Gabbana USA messed up their delivery resulting in NFTs bought by a customer for $6,000 losing 97% of their value, Bloomberg reports.

Korean university launches metaverse with private student access

[May 15, 2024 11:09 AM] The school’s metaverse was built by LG Uplus to cater to tech-savvy college students.

Religious leaders debate going to church in the metaverse

[May 12, 2024 11:29 AM] With the Pope sounding off on AI recently, the discourse surrounding religion and technology has heated up.

Virtual coaches unite as The Voice enters the metaverse

[May 9, 2024 5:11 AM] The Voice debuts its first metaverse gamified experiences that let fans coach singers on virtual stages, win NFTs for their predictions for the real-time show and score exclusive experiences.

Ghana Postal Company Launches ‘Crypto Stamp’ to Mark Ascension of Traditional Ghanaian Ruler

[May 8, 2024 10:18 PM] The Ghana Post Company recently launched what it termed the first-ever crypto stamp to commemorate the 25th anniversary of the reign of a ceremonial ruler in Ghana. The managing director of the Ghana Post Company asserted that the crypto stamps…

More than half of the Fortune 100 uses Apple’s Vision Pro headset

[May 4, 2024 1:20 PM] Spatial computing in the industrial metaverse appears to be paying off for the company that Steve Jobs built.

Blockchain gaming firm Animoca Brands 'comes to Bitcoin'

[Apr 30, 2024 5:30 AM] Animoca’s move into Bitcoin involves the Opal Protocol and BLIF token, initiated by Animoca and Darewise.

Yuga Labs Resumes Layoffs; CEO Says Web3 Platform ‘Lost Its Way’

[Apr 29, 2024 3:19 AM] According to Greg Solano, co-founder of Yuga Labs, the Web3 platform has laid off additional workers partly because it had “lost its way.” Solano also encouraged employees uninterested in the next phase to consider accepting the same…

Europe needs ‘Airbus for the metaverse’ to become global Web4 leader

[Apr 28, 2024 11:09 AM] Analysts from the London School of Economics and Political Science say a pan-European industrial cluster is necessary for the EU to compete in Web4.

This 360 treadmill could make Disney’s metaverse a physical playground

[Apr 27, 2024 12:46 PM] YouTuber and Ultimate star MKBHD tested the device using a game controller, his legs, and the Force.

EU touts health benefits for children in the metaverse despite risks

[Apr 26, 2024 10:03 AM] The European Union’s in-house think tanks says the metaverse can help children heal from diseases.

Does the metaverse need to be on the blockchain? Execs weigh in

[Apr 26, 2024 6:09 AM] Imaginary Ones co-founder Clement Chia believes that simply adding blockchain to the metaverse doesn’t solve its “purpose” problems.

Meta’s letting Xbox, Lenovo, and Asus build new Quest metaverse hardware

[Apr 25, 2024 11:00 AM] Each company has its own special plans for the Quest mixed-reality device.

Meta Faces Tough Market Response as AI Investments Surge and Metaverse Losses Continue

[Apr 24, 2024 9:43 PM] Meta’s shares dropped 15% in after-hours trading following announcements in April of plans for significant investment in AI, alongside a weaker revenue outlook and continued losses in its metaverse division, Reality Labs. The company…

Meta drops 15% on weak outlook and high AI and metaverse spending

[Apr 24, 2024 5:30 PM] Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products.

Manchester City to release digital collectibles through multi-year partnership with Quidd

[Apr 24, 2024 2:27 PM] The collectibles will include “money can’t buy” experiences such as pitch-side seats for exclusive team training events.

Tarantino reportedly wanted to create a metaverse for ‘The Movie Critic’

[Apr 24, 2024 10:59 AM] It was supposed to be his last film, but the project has been scrapped.

Crypto Exchange Okx Partners With Manchester City to Launch Football Shirts Mintable as Digital Collectibles

[Apr 22, 2024 3:27 AM] Okx and the English football club Manchester City have partnered to launch commemorative football shirts that can be minted as non-fungible tokens (NFTs). Fans of Manchester City, the reigning English football champions, will be able to mint the…

Stepn Partners With Adidas to Issue Genesis Sneakers NFTs

[Apr 16, 2024 11:36 PM] Stepn, a lifestyle and move-to-earn application, partnered with Germany-based apparel company Adidas to issue the Genesis Sneakers NFT collection. The collection, which marks the start of a one-year collaboration between these organizations…

Vitalik Buterin Takes a Dig at the Metaverse, Calls it a Branding Ploy

[Mar 26, 2024 11:41 PM] Metaverse tokens have a $18 billion market cap, but we're not quite at Ready Player One yet.

Starbucks Discontinues NFT Program to ‘Prepare for What Comes Next’

[Mar 17, 2024 3:30 AM] Starbucks has said it will discontinue its Odyssey non-fungible token beta program and members “have until March 25, 2024, to complete any remaining journeys.” Starbucks stated on its FAQ page that it will keep its NFT community in mind…

Upland Introduces Token Reward System With ‘Share and Build’ Airdrop Series

[Mar 15, 2024 11:30 AM] Upland, a popular Web3 metaverse and crypto game, unveiled the inaugural chapter of its “Share and Build” airdrop series on Friday. This initiative is designed to reward players with tokens for their participation. Upland’s…

Sony Files ‘Super-Fungible Token’ NFT Patent

[Mar 8, 2024 4:30 AM] Sony, the Japanese electronics behemoth, has filed a patent involving the use of non-fungible tokens (NFTs) as part of in-game mechanics. Sony’s patent describes the usage of a “Super-Fungible Token,” an amalgamation of a set of…

Ebay’s Web3 Division Reportedly Lays off 30% of Its Employees

[Feb 23, 2024 5:00 AM] Recently, Ebay, the e-commerce behemoth, implemented significant changes within its Web3 division. These changes resulted in a 30% reduction in the division’s workforce and the departure of a pivotal employee. Among those affected by this…

Disney to Acquire $1.5 Billion Stake in Epic Games, Aims to Create Joint Metaverse

[Feb 11, 2024 11:30 PM] Disney, one of the biggest entertainment companies, has decided to acquire a $1.5 billion stake in Epic Games, makers of the known persistent metaverse platform Fortnite. The companies will collaborate to develop a metaverse featuring Disney-owned…

Victoria VR Aims to Be the First Crypto-Related App for Apple’s Vision Pro

[Feb 5, 2024 11:30 AM] Victoria VR is slated to become the inaugural crypto-related application for the Apple Vision Pro. With a focus on active user engagement and a blockchain-based economy, the game will have to navigate the challenges posed by App Store policies as…

Taproot Wizards Postpones ‘Quantum Cats’ Mint for the Third Time Amid Technical Setbacks

[Feb 2, 2024 2:30 PM] Technical difficulties have led Taproot Wizards to delay the minting of their “Quantum Cats” Bitcoin Ordinals collection for a third time. The team’s efforts to address unforeseen challenges and ensure a flawless minting…