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” Bullish crypto traders maintain the upper hand despite the total market cap rejecting at $1T “ The total crypto market capitalization soared by 29.4% in two weeks, although Bitcoin’s (BTC) price stabilized near $21,000 on Jan. 19. As a result, it became increasingly difficult to justify that the 5-month-long bearish trend still prevails after…
” Metaverse to bring ‘true productivity’ to industrial environments: Davos 2023 “ The metaverse continues to be a central talking point among leaders and decision-makers in global industries. For many, the vision of the future of the metaverse is not limited to a gamified version of reality. At the World Economic Forum (WEF) 2023 in…
” Metaverse not the endgame, but ‘ongoing digital transformation’: Davos 2023 “ The metaverse has been a buzzword inside and out of the Web3 world over the last year. Moreover, development in the metaverse is something that has remained strong relative to the overall turmoil of the decentralized space. It is also a hot topic…
” Seoul government opens city’s metaverse project to public “ The Seoul Metropolitan Government has launched its Metaverse Seoul project, allowing residents of the South Korean capital city to access city services in a virtual environment. In a Jan. 16 press briefing, Seoul Mayor Oh Se-hoon announced the launch of the first phase of Metaverse…
“The OWO Haptic T-shirt immerses you further in the Metaverse so you can ‘feel’ games” From bullet impacts to exit wounds, from a spider crawling on your shoulder to wind brushing against your skin, the OWO haptic shirt uses a series of ‘microsensations’ that combine together to make you feel different aspects of the game….
” Cointelegraph’s Accelerator Program launches and is seeking Web3 startups “ The Web3 space is growing rapidly, and new startups are emerging daily. Overall investment into Web3 projects skyrocketed to $30 billion in 2021 and $36 billion in 2022, even amid the market crisis. While many projects have good ideas and a strong value proposition…
” Touch, smell become the next big thing for the metaverse at CES 2023 “ The sense of smell has been added to the virtual reality (VR) experience as showcased by metaverse-focused companies at the Consumer Electronics Show (CES) 2023. A recent report from consulting firm McKinsey & Company predicted that the metaverse could potentially…
” Nifty News: Fake Pokémon NFT game spreads malware, ‘Jai Ho’ singer to launch metaverse and more “ Hackers hide malware in fake NFT game A phishing website purporting to offer a Pokémon-branded nonfungible token (NFT) card game has been spreading malware to unsuspecting gamers, a cybersecurity firm has warned. The website, which at the…
” Using blockchain technology to combat retail theft “ The retail industry is one of the most important sectors of the United States economy. Unfortunately, the COVID-19 pandemic has left the trillion-dollar retail sector vulnerable to in-store theft. Findings from the National Retail Federation’s 2022 Retail Security Survey show that retail losses from stolen goods…
” Metaverse to possibly create $5T in value by 2030: McKinsey report “ While the 2022 bear market grazed off the excitement around the budding crypto sub-ecosystems such as nonfungible tokens (NFTs), the Metaverse remains well-positioned for long-term disruption. Considering the myriad consumer and business-centric use cases the metaverse could cater to, a McKinsey &…