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“# How cross-chain games are giving users the first look at a metaverse ” Society is headed towards a new form of digital ownership with an economy and greater metaverse based on the blockchain. The concept of “the metaverse” is typically depicted as actual and augmented reality-based in a virtual world. Most recognize this concept…
“# Animoca Brands doubles valuation to $2.2B with new $65M funding round ” NFT-game and virtual property developer Animoca Brands has doubled its valuation to $2.2 billion after closing a new funding round that fetched $65 million. The latest funding round was conducted at a pre-money valuation of $2.2 billion, and included backing from gaming…
“# Galaxy Interactive raises another $325M fund aimed at Metaverse and next gen games ” Galaxy Interactive, a venture capital firm focused on next generation interactive technolo, has announced it has raised $325 million for its second fund from 70 different investors. The fund is focused on virtual and augmented reality, artificial intelligence, and blockchain-based…
“# Tokens.com acquire 50% stake in virtual real-estate firm Metaverse Group ” Publicly-listed cryptocurrency and blockchain investment firm Tokens.com has announced a landmark agreement to acquire a 50% stake in metaverse real estate firm Metaverse Group in a deal worth in excess of $1.6 million. Tokens.com is expected to capitalize on the purchase — reportedly…
“# Fasten your seatbelt: Crypto’s impact on marketing has only just begun ” The road to the adoption of blockchain and crypto in the marketing industry is a long and winding road. But make no mistake about it: Transformation is well on its way and the road will soon turn to a highway. As someone…
“# Half of unique active crypto wallets played a blockchain game in Q3 ” The number of crypto wallets participating in blockchain games has surged in recent months according to new research. According to DappRadar’s Q3 ‘Blockchain Game Report’, unique active wallets connected to gaming decentralized applications reached a total of 754,000 for the period….
“# Paris Hilton and Pranksy collections featured by Sotheby’s new NFT platform ” Prestigious auction house Sotheby’s has launched a new Metaverse themed NFT platform. The platform is dubbed “Sotheby’s Metaverse” and was announced alongside the “Natively Digital 1.2: The Collectors” (ND1.2) auction that will run between Oct. 18 and Oct. 26. The auction consists…
“# The Metaverse, play-to-earn and the new economic model of gaming ” The gaming industry, which has always been synonymous with fun, has grown massively in recent times, and a lot of money is now being mentioned when gaming comes up. Since the introduction of Web 3.0, there has been immense growth in the industry….
“# Facebook announces $50M investment fund tasked with developing its virtual metaverse ” Facebook has announced it will allocate $50 million to a two-year fund tasked with beginning work on realizing the firm’s vision for a virtual metaverse. A Sept. 27 announcement articulates Facebook’s roadmap for building its metaverse, with the funding slated to back…
“# 101 Bored Apes NFT auction at Sotheby’s closes at more than $24M ” The auction of Yuga Labs’ 101 Bored Ape Yacht Club (BAYC) collection has smashed through expectations with a winning bid of $24.39 million. The auction closed on Sept.10 and was hosted by the prestigious auction house Sotheby’s which had earlier estimated…