Meta’s Web3 hopes face challenge of decentralization and market headwinds
Meta’s metaverse aspirations haven’t fared well for the tech giant, as the firm wiped out nearly five years’ worth of market cap in just 10 months of 2022.
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Microsoft and Meta partnership brings Office 365 apps to the Metaverse
A suite of Microsoft products will feature in Meta’s new Virtual Reality headset, with Meta CEO Mark Zuckerberg calling it the “virtual office of the future.”
Nifty News: OpenSea adds Avalanche, Meta has legs, DeGods takes 0%, and more…
Solana NFT project DeGods has removed royalty fees and Zuckerberg says Meta is looking at an open Metaverse as a new VR headset rolls out.
Japanese Telecom Giant NTT Docomo Launches $412 Million Metaverse Unit
NTT Docomo, the largest telecom carrier in Japan, has launched a new division that will be dedicated to directing its metaverse push. The unit, named Qonoq, is already operating and…
Meta’s Horizon Worlds Metaverse App Still Too Buggy to Be Used According to Company Executives
Meta’s VP of Metaverse, Vishal Shah, acknowledged that Horizon Worlds, the flagship app that Meta uses to show the potential of its metaverse, still has many problems affecting its usability.…
A Recent SEC Filing Shows the World’s Largest Asset Manager Blackrock Plans to Launch a Metaverse ETF
According to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF)…
Facebook, Instagram Enable NFTs for All U.S. Users
Facebook and Instagram have expanded access to NFTs. Meanwhile, however, parent company Meta is making cutbacks. Facebook Expands NFT Access Meta is expanding NFT access. Beginning today, all Facebook and...
Meta introduces NFT crossposting and sharing on Instagram
Users in 100 countries can now connect their digital wallets, post and share nonfungible tokens.
Metaverse graphics aim for community and accessibility — Not realism
Metaverse graphics have been questioned in terms of quality, but industry experts explain that images appear certain ways for a reason.
Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability
Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support…
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