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Indian e-commerce giant Flipkart partnered with Polygon-incubated organization eDAO to launch a virtual shopping world in the Metaverse.
Blockchain games are cropping up across various genres, giving games options for what they can play.
The blockchain gaming sector remains active in terms of adoption and venture capital firms have taken notice, according to industry data.
The round was led by Brevan Howard Digital and Morgan Creek Digital, along with Polygon and Take-Two Interactive, among other investors.
Karate Combat’s DAO will be launched as part of a three-year sponsorship deal with Hedera’s HBAR Foundation, expected to go live in December 2022.
NFTs improve interactivity by allowing users to unlock fully modular, community-driven in-game experiences to which they own the pieces, explains Mark Soares, the founder of Blokhaus Inc.
Metaverse graphics have been questioned in terms of quality, but industry experts explain that images appear certain ways for a reason.
Read this article to understand why a metaverse can thrive and scale better on blockchain rails.
The MSIT identified that imposing older regulations serve as a deterrent to the growth of new ecosystems.