Metaverse comes in second place for Oxford’s word of the year
The term describing an internet-enabled virtual world lost to 'Goblin mode' in 2022 — "a type of behavior which is unapologetically self-indulgent, lazy, slovenly, or greedy."
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Central bank plans to make CBDC ‘only legal digital tender’ in Indonesia, says gov
“Collaboration and synergy on national and international level is critical to the development of Digital Rupiah,” said Perry Warjiyo.
Nifty News: Reddit NFT mints reach all-time high, EU’s $400K Metaverse party flops and more
With the record mint day for Reddit avatar NFTs, there are now around 4.4 million Reddit NFTs in circulation.
Stellantis Owned Fiat Launches Metaverse Store Using Touchcast and Microsoft Tech
Fiat, an automotive brand property of Stellantis, has launched its first metaverse-based store, which the company claims is the first showroom of its kind. The experience, which was developed with…
Korean VC Firm Daesung Private Equity Announces $83 Million Metaverse Fund
Daesung Private Equity, a Korean venture capital firm, has announced the launch of a metaverse fund of 110 billion won ($83.5 million). The fund, which will have the participation of…
Animoca creates billion-dollar metaverse fund for developers
The company’s co-founder announced that the fund is still in the works but plans to provide billions to startups with a metaverse focus.
Firefox dev Mozilla goes all-in on metaverse, acquires Active Replica
The legacy web developer and internet browser Mozilla announced its acquisition of Active Replica as part of its Hubs creator ecosystem to enhance digital experiences.
Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects
Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on…
Animoca Brands Unveils $2B Metaverse Fund
Hong Kong-based blockchain gaming giant Animoca Brands is all set to roll out a massive $2 billion fund, dubbed “Animoca Capital,” to invest in metaverse businesses, according to co-founder and…
Meta ‘powering through’ with Metaverse plans despite doubts — Zuckerberg
Billions of dollars have been poured into Meta’s virtual world with little return on investment, but CEO Mark Zuckerberg says he is holding fast.
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