Roblox CEO ‘dreams’ of in-game cross-platform NFTs and digital objects
Roblox founder and CEO David Baszucki expects top brands and celebrities to take charge and play a key role in making the "dream" of cross-platform NFT come true.
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Top Metaverse property investments suffer massive losses: Report
Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value over the past year from January 1, 2022, to May 24, 2023.
Snow Crash manuscript that coined the term ‘Metaverse’ to be auctioned by Sotheby’s
The manuscript is part of a larger series of physical and digital items related to the famous book.
Metaverse experience to sway real-world travel choices in 2023: Survey
A survey participated by 24,179 respondents across 32 countries reveal that nearly half, or 43% of the respondents, intend to use virtual reality to inspire their choices.
The metaverse is a new frontier for earning passive income
Those looking to earn passive income in the metaverse have several available options, but how profitable and durable these are isn’t yet clear.
South African Financial Services Giant Nedbank Secures a ‘Village’ in the Metaverse
The South African financial services giant, Nedbank, is reported to have acquired a village in the metaverse. The village will be used to showcase African creativity and to create experiences…
Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest
The virtual real estate market is crashing despite a McKinsey report predicting a $5 trillion market by 2030.
The Largest NFT Mint in History — Bored Ape’s Otherside Virtual Land Sale Raises $320 Million
On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out to be one of the largest non-fungible token…
Study: 25% of US Crypto Investors Either Own or Plan to Acquire Land in the Metaverse
A new study has found that 25% of U.S. cryptocurrency investors own or rent land in the metaverse, or plan to acquire the same. Out of four generations, the Baby…
British Investment Bank HSBC Joins Metaverse via Sandbox, Animoca Brands Partnership
The British multinational investment bank and financial services holding company, HSBC, has revealed it has partnered with the blockchain virtual gaming platform The Sandbox. According to the platform’s parent company,…