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Samsung Is Investing More Than $35 Million in Latam-Focused Metaverse Initiatives

Samsung, the Korean electronics behemoth, has revealed it is currently investing more than $35 million dollars in metaverse initiatives for the Latam audience. The objective behind this move is to…

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Indian Commerce Giant Flipkart Will Allow Customers to Purchase Items in the Metaverse

Flipkart, the Walmart-backed Indian e-commerce giant, has launched a pilot to allow its customers to experience making purchases in a metaverse environment. The company announced the launch of its own…

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Retail Giant Walmart Enters the Metaverse With Walmart Land and Universe of Play on Roblox

Walmart has entered the metaverse with the launch of Walmart Land and Walmart’s Universe of Play on Roblox. The metaverse gaming platform has 52.2 million daily active users and 11.3…

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Nike Acquires NFT Startup RTFKT Studios in Order to ‘Deliver Next-Generation Collectibles’

Nike, the American multinational footwear and sports apparel company has announced the acquisition of a startup called RTFKT Studios, a firm that leverages non-fungible token (NFT) assets, blockchain authentication, and…

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The Metaverse Is the Next Big Investment Theme, According to Morgan Stanley

Investment bank Morgan Stanley has stated the metaverse is now the next big investment theme, in a note directed to investors Thursday. Strategists from the bank believe this alternate conception…

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