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“# Just buy it: Nike wants to bring sneakerheads into the Metaverse ” Look at your feet. A lot of you (raises hand) are wearing Nikes right now. For the fiscal year ending May 31, 2021, Nike reported its revenue was up 19% to $44.5 billion for the year. But that’s here. What about in the…
“# Bloktopia co-founder aspires to build a metaverse with ‘hundreds of the best crypto projects’ ” Bloktopia is a virtual skyscraper in the Metaverse comprised of 21 levels to pay homage to the 21 million total maximum supply of Bitcoin (BTC). Owners of its BLOK tokens will be known as Bloktopians. Users will be able…
“# $400M funding round to help Gemini build in the decentralized Metaverse ” The Winklevoss twins’ crypto exchange Gemini will allocate capital from its $400 million funding round into building a “Gemini experience in different Metaverses.” Gemini announced that it had closed a $400 million equity growth funding round at a valuation of $7.1 billion…
“# Time Magazine will hold ETH as part of Galaxy Digital partnership to support metaverse newsletter ” Time Magazine, the media company that has been an American institution for almost a century, is partnering with Mike Novogratz’s Galaxy Digital in an effort to allow its readers to explore the metaverse. In a Thursday announcement, Time…
“# South Korea embraces the proto-Metaverse ” The South Korean people and an increasing number of major companies in the country have begun to embrace and integrate the Metaverse into their everyday lives in new and unexpected ways. Two major retailers in the country have recently introduced Metaverse and AI elements to shoppers to enhance…
“# VR Metaverse comes closer to reality as Meta previews haptic gloves ” Meta — the company formerly known as Facebook — is diving straight into virtual reality with a preview of its latest research and development on haptic gloves which give sensory feedback while in digital realms. Facebook rebranded to Meta in late October…
“# Metaverse gaming tokens Ethverse and Axie Infinity avoid crypto downtrend ” Metaverse gaming tokens Ethverse (ETHV), The Sandbox (SAND), GameSwap (GSWAP), Yield Guild Games (YGG) and Axie Infinity (AXS) are the few cryptocurrencies seeing gains on Nov. 17 with Bitcoin (BTC), Ether (ETH) and most of the market in the red. Best-performing crypto sector…
“# Nifty News: YGG partners with 8 P2E games, Ice Cube and Quiznos drop NFTs ” Decentralized gaming guild Yield Guild Games (YGG) has partnered with, and invested in, eight new play-to-earn (P2E) blockchain games. YGG lends out nonfungible token (NFT) gaming assets to Guild players so that they can earn rewards from a long…
“# KuCoin Labs Launches $100 Million Venture Capital Fund To Empower Early-Stage Metaverse Projects ” KuCoin Labs, the company behind the world’s sixth-largest cryptocurrency exchange by trading volume with more than 500 crypto assets listed, announced on Wednesday that it would be launching a $100 million metaverse fund for early-stage projects. The money is also…
“# Sandbox Metaverse Alpha launches Nov. 29 after four years in development ” Animoca Brands’ virtual property and gaming firm The Sandbox is opening up part of its Metaverse to players for the first time via a multi-week play-to-earn (P2E) Alpha event. But only a handful of lucky players will get to enjoy the full…