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“# Browser-based metaverse Portals aims to remove the need to get a VR headset ” Metaverse startup Portals has raised fresh funds to finance its browser-based metaverse that allows people to enter without virtual reality (VR) equipment. Portals co-founder Adam Gomez told Cointelegraph that a browser-based platform lowers the barrier to enter metaverse for many…
“# Music in the Metaverse creates social and immersive experiences for users ” The Metaverse is quickly becoming one of the biggest trends of 2022. Recent data found that the metaverse sector currently has a market capitalization of over $26 billion. While impressive, new capabilities are also being added to virtual worlds to create more…
“# A “unifying Web3 platform” will onboard 1 billion users by 2026, says Harmony COO ” Li Jiang, chief operating officer at Harmony, believes that a bridge connecting all existing blockchains is key to onboard the first 1 billion users on Web 3. “We think that the future is multichain and cross-chain, that you should…
“# Majority of US consumers say no to Meta owning metaverse data: Survey ” A survey of 1,000 United States consumers around growing interest in the metaverse has revealed some interesting results. In a survey commissioned by nonfungible token and metaverse infrastructure provider Advokate Group, 87% of respondents preferred a decentralized metaverse on a blockchain…
“# NFT battles: Nike takes seller of unlicensed NFT sneakers to court ” Popular sneaker maker Nike has started the “licensed NFT” wars by taking an online reseller called StockX to court for trademark infringement or sale of unlicensed nonfungible token (NFT) sneakers. According to a Reuters report, Nike has filed a lawsuit against the…
“# Rise of Web3: Metaverse tokens surge as Meta’s share price plunges ” Meta Platforms, the parent company of Facebook, saw the largest single-day slide in market value for a U.S. company ever with a 26% fall in share prices on Thursday after the tech giant revealed disappointing earnings and a decline in daily active…
“# Nintendo considering ways to utilize NFTs in a way that doesn’t diminish ‘joy’ ” After releasing its latest financial results report, Nintendo held a live Q&A where they reportedly expressed “interest” and “potential” in the Metaverse when it comes to introducing blockchain and NFT technology into their video games. According to the Twitter of…
“# Alphabet exploring blockchain technology for flagship services ” Google has started researching blockchain and how it may benefit Web 3.0 technology. According to a Tuesday statement from Sundar Pichai, the CEO of Alphabet — Google’s parent company — the company is exploring integrating blockchain technologies into its flagship products and services. When asked how…
“# Vulcan Forged (PYR) rallies after virtual land sales and the Elysium testnet launch ” Nonfungible tokens (NFTs), gaming protocols and the dawn of the Metaverse were all trending topics in 2021 and they are shaping up to be even bigger in 2022. NFTs and Metaverse-related projects are also bouncing back quickly from the market-wide…
“# Meta joins patent alliance, pledges free crypto patents for all ” The Crypto Open Patent Alliance (COPA) has welcomed Meta as a member, with the social media giants vowing to make its core crypto patents accessible to all. Meta, formerly Facebook, has joined the COPA, a group that advocates for public patents on crypto…