metaverse-news
In-depth research, opinions, and analysis of metaverse-news trends.
Coinbase to Introduce Polkadot, Internet Computer, and NEAR Protocol Futures Contracts!
<p>Coinbase has unveiled plans to introduce perpetual futures contracts for three prominent cryptocurrencies: Polkadot (DOT), Internet Computer (ICP), and NEAR Protocol (NEAR). </p>
Nanjing Launches China Government Backed Metaverse Platform
<p>Nanjing City launched the China Blockchain Technology and Application Innovation Platform to build the China Metaverse technology and application innovation platform.</p>
Metaverse Investment Warning: PUNK ETF Closes After Disastrous Gamble
<p>Key Points: Subversive Capital is shutting down its Subversive Metaverse ETF, known by its “PUNK” ticker, following a 30% loss. The ETF, which was introduced in January 2022 with the objective of investing in companies that support the infrastructure and applications of the metaverse, took a short position on Meta, with the stock trading at</p>
Epic Games CEO Defies Naysayers As 600M Flock To The Metaverse Wake
<p>Epic Games CEO Tim Sweeney has expressed his unwavering optimism about the Metaverse despite a recent Business Insider article that declared the end of virtual worlds. </p>
UK Government Promotes Metaverse And Web3 Development Strategy
<p>The newly established UK Department of Science, Innovation, and Technology will drive the country’s metaverse and Web3 strategy, people familiar with the matter revealed to Coindesk.</p>
EU Metaverse Policy: The Need For Fairness, Security, and Privacy
<p>Key Points: A senior member of the European Commission stated on Friday that while deciding how to regulate the metaverse, the EU must take into account problems like non-discrimination, user safety, and data privacy. The EU’s executive branch is getting ready to lay down its approach on virtual worlds in a policy document due in</p>
Industrial Metaverse Is One Of The Most Exciting Applications For The Machine Economy
<p>Key Points: The machine economy is a new IoT digital transformation frontier that, according to PwC, will contribute 70% of the global Gross Domestic Product (GDP) in the following seven years. Two top IT companies co-authored an essay on it for the Industrial IoT Consortium (IIC). According to a PwC research, the machine economy might</p>
The Sandbox Collabs Fist Of The North Star To Launch Game In The Metaverse
<p>Key Points: The Sandbox announced that it has cooperated with the comic “Fist of the North Star” to launch a new game, “End of the Century LAND” in the metaverse and sell NFTs to further enhance the LAND experience. Fist of the North Star makes its debut appearance in the metaverse in End of the</p>
Woori Bank Will Launch 3D Metaverse Banking Service For Small Businesses
<p>Key Points: Following financial institutions such as HSBC and Fidelity Bank, Woori Bank, one of the four major banks in South Korea, announced that it would launch metaverse banking services for small businesses. Woori is reportedly planning to provide its employees with 3D virtual training services in the metaverse. Businesses may provide rich 3D experiences</p>
McDonald Is Celebrating Lunar New Year In The Metaverse
<p>Key Points: For a campaign utilizing a variety of cutting-edge technology for the Lunar New Year, McDonald’s has partnered with Karen X Cheng, a well-known digital content artist whose work frequently goes viral and makes use of AI and AR. A number of metaverse experiences were made available by McDonald‘s this year with the intention</p>
Com2uS Metabus Attracts $9.5 Million Investment To Join The Metaverse
<p>Key Points: Com2Verse, a metaverse subsidiary of South Korean game developer Com2uS, announced on the 3rd that it had attracted strategic investments of 4 billion won each from Hana Financial Group, Kyobo Book Center, and Kyowon Group. According to Decenter, Com2Verse received 4 billion won in strategic investments from Hana Financial Group, Kyobo Book Center</p>
House Of Blueberry Dives Into Metaverse Fashion With $6 Million Fundraising
<p>Key Points: House of Blueberry, situated in Wake Forest, North Carolina, deals in the metaverse with its distinctive pavatar designs for video games like Roblox and The Sims. Additionally, as seen by a recent SEC filing by the North Carolina-based company House of Blueberry, efforts in the market have not gone overlooked. The petition states</p>
Epic Games To Pay More Than Half A Billion Dollars Over FTC Allegations
<p>The creator of the video game Fortnite, Epic Games, is allegedly charged with breaking children’s privacy regulations, altering default privacy settings, and coercing users into taking unneeded acts, according to the US Federal Trade Commission‘s (FTC) official website. For gathering personal data on Fortnite players under the age of 13 without notifying or obtaining parental</p>