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Renault Inks Partnership With The Sandbox to Bring Automotive Experiences to the Metaverse

The Korean subsidiary of Renault, a historic brand in the automotive industry, is establishing a partnership with The Sandbox, an Ethereum-based metaverse platform, to enter the metaverse space. With this…

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Meta & Qualcomm to Develop Metaverse Geared Silicon to Be Used in Next Gen Headsets

Meta recently announced a partnership with mobile chip company Qualcomm to produce chips geared for the metaverse market. The agreement will allow Meta to use Qualcomm’s XR technology, designed for…

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Meta to Open 10 Metaverse Campuses as Part of $150 Million Immersive Learning Project

Meta, the metaverse-focused social media company, is helping universities get their own virtual reality campuses online. The company will be opening 10 virtual campuses as part of its Immersive Learning…

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Report: Chinese Metaverse Industry Raises $780 Million in Funding

The Chinese metaverse industry has reportedly raised about $780 million in funding and there are expectations this will grow to be a $5.8 trillion industry by 2030. So far there…

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Blockchain firms fund university research hubs to advance growth

Universities implement physical and virtual research hubs dedicated to advancing blockchain technology through scientific and educational knowledge.

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Meta Reveals Cross-Posting NFT Compatibility Between Facebook and Instagram

Meta, the corporate entity behind the social media platforms Instagram and Facebook, has revealed that non-fungible token (NFT) support now offers cross-posting compatibility between the two major social media platforms.…

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Xbox Boss Phil Spencer Skeptical About Metaverse, Criticizes Play-to-Earn Models

Phil Spencer, head of the Xbox brand, believes that the metaverse has been with us since 30 years ago, when digital gaming was largely introduced. However, Spencer criticized play-to-earn (P2E)…

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