Cryptoys Raises $23 Million to Mix NFTs, Gaming, and Virtual Toys
Cryptoys, an NFT-based startup, announced it has raised $23 million in a Series A funding round led by a16z. The company, which seeks to mix NFTs with the world of…
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Metaverse can’t be built on the corporate business model, says EY innovation lead
Jones believes the established firms need to focus on community engagement first before jumping on a trend like NFTs.
Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet
Meta, the metaverse-based platform, has announced the launch of a new wallet directed to support value interaction in the metaverse. Meta Pay, a rebrand of the former Facebook Pay service,…
Catalonia is building its own metaverse, says innovation minister
The government is hoping to make Barcelona a digital hub by offering various skills programs to university students and boot camps to cultivate talent.
Tencent Launches Extended Reality Unit to Tackle the Metaverse Market
Tencent, the Chinese technology and entertainment giant, announced the creation of its own metaverse-driven division. The division, named the extended reality unit, will be the one tasked with encompassing all…
Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta
Mark Zuckerberg, CEO of Meta, formerly Facebook, has shared how the metaverse will be a key part of his business and bring hundreds of billions of dollars in revenue. “Our…
Can Metaverse technology enhance human-AI efficiency?
How will AI be used in the metaverse? Can AI and blockchain work together? A dive into the future of AI aligned with blockchain.
Japanese Virtual IP Firm Raises $10 Million to Accelerate Metaverse Business
Brave Group Inc., a Japanese virtual IP firm, recently said it had raised $10 million in new capital and that the company expects to use part of these funds to…
Meta, Microsoft, and Others Launch Metaverse Standards Group
Meta, Microsoft, and 31 more companies have united to form an organization to promote the creation of open standards regarding metaverse tech. The institution, named the Metaverse Standards Forum, will…
Wire Network’s new protocol aims to end Web3 interoperability woes
The protocol promises to eliminate complexities seen with existing interoperability solutions and requires no bridges or oracles to integrate.
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