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” CEEK VR gains 100%+ as push toward virtual reality and Metaverse development intensifies “ Nonfungible tokens (NFTs), decentralized finance (DeFi) and the Metaverse are three of the hottest trending topics in the cryptocurrency ecosystem and each is helping the world slowly move toward the mass adoption of blockchain technology. One project looking to capitalize…
” There is room for the Metaverse in 2022, but the virtual space is far from perfect “ It is hard to resist the vision spun to us by Meta (formerly Facebook) and other virtual world platforms. A digital utopia that can transform lives in multiple ways — whether how we socialize, work or even…
” HBAR Foundation launches a $250M metaverse fund to enhance consumer brand adoption “ The HBAR Foundation, a not-for-profit independent organization of distributed ledger firm Hedera Hashgraph, has announced the establishment of a $250 million dollar metaverse fund to drive consumer brand adoption of tokenized Web3 applications. The foundation’s team has identified applications within both the Web3…
” Grammys 2022: NFTs hot topic of discussion amongst musicians and industry experts “ The billion-dollar music industry has shown recent interest in nonfungible tokens (NFTs) as musicians everywhere are beginning to understand the power of moving away from centralized business models. This concept is currently being demonstrated by early innovators like the popular rapper…
” Spells of Genesis game celebrates 5 years by opening a virtual NFT history museum “ Thursday marks the fifth anniversary of Spells of Genesis (SoG), generally regarded as the very first play-to-earn blockchain game. EverdreamSoft, the game studio behind SoG, first distributed many of the game’s trading card-based nonfungible tokens (NFTs) back in 2015,…
” HSBC debuts metaverse investment fund in Asia: Report “ Global banking giant HSBC Holdings has rolled out its metaverse investment product for wealthy clients in Singapore and Hong Kong, according to multiple media reports. Called the Metaverse Discretionary Strategy portfolio, the new product is managed by HSBC’s asset management arm, HSBC Asset Management. The…
” Crypto trading to move to the metaverse, says developer-focused study “ A new study shows that developers believe that the metaverse may become the “most popular” way to buy and sell crypto someday. The study, commissioned by API provider Agora, surveyed 300 developers’ thoughts and ideas about the metaverse. “Since they will be positioned…
” Crypto and culture intersecting: Could ApeCoin be the go-to token of the Metaverse? “ What is it with these sly, funny, but boring-looking apes that continue to make headlines? Many collectors argue that it’s less about the image, itself, and more about the culture, social capital and wealth the community of owners has gained…
” ‘Our democracy will better evolve because of DAOs,’ says Animoca’s Yat Siu “ The rise of Web3 has paved the way for new business models that could shape the next phase of the internet. For instance, nonfungible tokens (NFTs) will play a large part in the open metaverse as the underlying assets people interact…
” Ledger partners with The Sandbox to promote crypto education in metaverse “ The cryptocurrency hardware wallet provider Ledger has partnered with The Sandbox blockchain game to promote crypto education in its virtual world. Ledger’s chief experience officer Ian Rogers announced the news at the Non-Fungible Conference (NFC) on Monday. He said that the new…