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“# Blockchain metaverse ecosystems gain traction as brands create digital experiences ” Billion-dollar companies are taking the Metaverse by storm as consumers have shown heightened interest in virtual, interactive, three-dimensional experiences that take place online. While the “Metaverse” is still a new concept, research firm Strategy Analytics found that the global Metaverse market is forecasted…
“# NFT firm Dropp GG set to launch ‘geo-minting’ and ‘mixed reality events’ ” Solana-based augmented reality and NFT platform Dropp GG is developing geographical-based NFT minting and “mixed reality events” tied to the Metaverse. The firm was founded in early 2021 and is progressively rolling out several initiatives over this year including partnered NFT…
“# Crypto Biz: Microsoft enters the metaverse, Jan. 14–20 ” This week’s Crypto Biz explores Microsoft’s Activision purchase, the new partnership between Coinbase and Mastercard and the latest funding news from the world of crypto. For a comprehensive breakdown of business developments over the last week, register for the full newsletter below. Microsoft enters the…
“# Meta reportedly plans to integrate NFTs on Facebook and Instagram profiles ” Multinational tech conglomerate Meta is reportedly diving into nonfungible tokens (NFTs) by integrating a feature that will let users show off their NFTs on their Facebook and Instagram profiles. According to the report, Meta is currently working on prototypes that will allow…
“# Showtime: NFT tickets take the stage in 2022, connecting artists and fans ” Nonfungible tokens have proven to be successful across a number of industries. From gaming to high-end luxury fashion, NFT use cases have demonstrated the importance of creating lasting connections between a company or a brand and its users/customers. As such, it…
“# Turkish ruling party holds meeting in metaverse, talks crypto regulation ” Ak Party, Turkey’s governing party, held its first metaverse meeting on Monday wherein it discussed upcoming crypto regulation. The Grand National Assembly of Turkey (TBMM) hosted its first meeting in the metaverse, Cointelegraph Turkey reported. Attending the virtual meeting were TBMM group deputy…
“# Microsoft’s massive Metaverse move: Buying Activision for $69B ” Microsoft Crop. is acquiring gaming giant Activision Blizzard Inc. for $69 billion as part of a move to ramp up its gaming and Metaverse plans. Activision Blizzard is home to a long list of iconic gaming franchises such as Call of Duty, Overwatch, Candy Crush,…
“#This holographic display concept makes your NFT art buy look more interesting” If you are diving into NFTs and the digital media that comes along with them, you might as well have something that proudly displays that piece of NFT art you just bought. If you thought cryptocurrencies like Bitcoin and Ethereum were already controversial,…
“# Cardano goes ‘full send’ with a 50% ADA rally ahead of SundaeSwap launch ” Cardano (ADA) traded within striking distance of its three-week high at the start of this week, leading some investors to suggest that a trend reversal was in order. In reality, the bullish momentum is primarily connected to an anticipation of…
“# NFT protocol Metaplex raises $46M to expand gaming and metaverse applications ” Nonfungible token (NFT) protocol Metaplex has concluded a $46 million investment round to support its strategic pivot into metaverse applications — offering further evidence that existing blockchain networks were looking to capitalize on advances in Web3 technology. The investment round was co-led…