metaverse-news
In-depth research, opinions, and analysis of metaverse-news trends.
Metaverse Only Ranked 2nd In Oxford Word Of The Year Survey
<p>Oxford has announced the results of the Oxford Word of the Year poll. Notably, the “metaverse” is only the 2nd most popular word, it was defeated by a term for the slovenly and lazy among us. “Goblin mode,” which refers to unapologetically self-indulgent, sluggish, slovenly, or selfish conduct, generally in a way that contradicts societal</p>
Meta Urges Washington To Delay New Metaverse Governance Rules
<p>Meta recently issued a document recommending that the government suspend the new Metaverse regulatory rules, Meta urges that excessive regulations will stifle its growth and innovation. According to Bloomberg News, Meta issued a policy document on Friday, urging policymakers to pause the development of new rules to regulate the Metaverse. The tech company believes that</p>
Daesung Private Equity Launches $84.7 Million Metaverse Fund
<p>Daesung Private Equity, a Korean venture capital firm, has decided to enter the metaverse investment field. According to local media outlets, the company announced on November 30 the launch of a metaverse-focused fund with 110 billion won (equivalent to $84.7 million) to invest. According to local media, Daesung Private Equity has launched the Metaverse Scale-up</p>
Chinese Platforms Introduce Metaverse Tech With World Cup 2022
<p>One of the largest sporting events in the world, the FIFA World Cup 2022 in Qatar, will give numerous companies, including tech firms in China, a chance to test their metaverse technology implementations. Bytedance, the company behind the well-known social networking site Tiktok, has revealed that it would enable users of its VR goggles to</p>
MetaMetaverse’s MetaSeminar Begins For Fans Of Web3
<p>The new-generation product, called MetaMetaverse, was created for both gamers and companies looking to expand their presence in metaverses. The company’s CEO will now launch an open discussion about the most important factors influencing development in the metaverse industry. MetaSeminar with Joel Dietz kicks off on Nov. 20 According to the official announcement shared by</p>
NBA Superstar Steph Curry Filed ‘Curryverse’ Trademark Application
<p>Steph Curry seems prepared to deliver his version of the Metaverse to the NBA’s 650 million followers after filing a “Curryverse” trademark application on October 26. Steph Curry’s comprehensive trademark application covers rights to entertainment services, namely, personal, virtual, and metaverse appearances, as well as online gaming services in the form of virtual worlds. This</p>
Japan’s Toda City Using Metaverse-based Tools In Schools
<p>The metaverse is starting to be used in educational and therapeutic activities. Toda City, Japan, is presently combating school absenteeism via metaverse-based solutions. The children, who claimed to have poor attendance, are utilizing a technology developed last year by a charity to allow them to walk around in a virtual environment. This digital world allows</p>
Metaverse Division Of Meta Continues To Lose Money In Q3/2022
<p>In the most recent year, Meta, the Facebook parent company, reported a loss of $9.4 billion for metaverse development. According to its financial report issued Wednesday, Meta Platforms recorded third-quarter sales of only $285 million in its Facebook Reality Labs (FRL) segment, which includes its augmented and virtual reality activities. This fell far short of</p>
Nokia Believes Smartphones Will Be Overtaken By Metaverse
<p>Nokia, one of the first businesses to produce a consumer-grade mobile phone system, now believes that the metaverse will render phones obsolete. The manufacturer of a mobile phone system predicts the end of the current mobile phone trend at the hands of the metaverse. While phones will continue to exist, metaverse experiences will become the</p>
Bank of America Downgrades Meta To Neutral From Buy With Metaverse Concerns
<p>According to CNBC, Bank of America downgraded Facebook parent Meta (META) to neutral from buy due to the possibility that advertising expenditure pressures will intensify next year, resulting in budget cuts. Bank of America reduced its price estimate for the stock from $196 to $150. Meta shares plummeted roughly 4% before rebounding to trade slightly</p>
Metaverse Demand and Popularity Surpass Crypto Bear Market
<p>The bears may have taken a beating on the cryptocurrency markets this year, but the metaverse and related projects appear to have weathered the storm. DappRadar indicated that despite declining transaction volumes, interest in and demand for the Metaverse had remained high in an industry report published on October 20. Following the excitement around the</p>
Interpol Suddenly Announces The First Global Police Metaverse Project
<p>Interpol suddenly launched the first global police Metaverse project. The virtual world enables this intergovernmental criminal police organization to provide extensive training to law enforcement across the globe. At a surprise session of the 90th INTERPOL General Assembly in New Delhi, the global police organization unveiled the first Metaverse specifically designed for law enforcement worldwide.</p>
Solana-based Gaming Platform Arcade2Earn Raises $3.2 Million From Crypto.com, Solana, Kucoin
<p>Arcade2Earn, a Solana blockchain-based play-to-earn gaming platform, has secured $3.2 million in a seed investment round led by Crypto.com Capital. According to Arcade, other investors included Solana Ventures, Shima Capital, KuCoin Labs, and GSR. The financing was obtained by a straightforward agreement for future tokens (SAFT). The company’s utility token is known as arcade. Arcade2Earn</p>