Tagged: metaverse

January 31, 2022 @ 8:12 am By Omar Faridi  |  

Binance Labs, the venture capital and innovation incubation division of Binance, has announced a strategic investment in StarryNift, the game Metaverse and co-creating platform that aims to bring the Metaverse space to greater heights. StarryNift is described as the first gamified “massive” co-creation Web 3.0… Read More

January 30, 2022 @ 12:25 pm By Omar Faridi  |  

Fidelity is reportedly trying to make its own moves into the fast-evolving Metaverse economy. Fidelity, which manages trillions of dollars in customer assets, has submitted an application with the US Securities and Exchange Commission (SEC) this past Friday for an exchange-traded fund (ETF), known as… Read More

January 24, 2022 @ 10:22 am By Omar Faridi  |  

NFT Investments, an incubator focused on the market for non-fungible tokens (NFTs), is pleased to confirm that it has entered into a non-binding letter of intent (LOI) for the acquisition of Pluto Digital PLC, a crypto tech and venture firm (for a “consideration” of £96… Read More

January 23, 2022 @ 1:07 pm By Omar Faridi  |  

The Metaverse, a relatively new concept and a term used to describe a shared, immersive digital ecosystem supported by the use of VR and augmented reality (AR) technologies, has quickly become one of the fastest-growing trends in the digital economy. It’s notably a nascent industry… Read More

January 13, 2022 @ 12:28 am By Omar Faridi  |  

The Metaverse and the GameFi world have grown tremendously, with nearly every blockchain  ecosystem in the crypto space getting more actively involved. Polygon (POLY) ecosystem’s capabilities of building and connecting different blockchains and dApps is being supported by the launch of Polygon Studios, which is… Read More

January 9, 2022 @ 11:51 pm By Omar Faridi  |  

The team and developers at Waves Protocol, which is an open blockchain protocol and development toolset for Web 3.0 apps and decentralized solutions, noted in an update that from automated market makers or AMM exchanges to “viral” products and innovative mechanics, this past 12 months… Read More

January 3, 2022 @ 10:19 pm By Omar Faridi  |  

The Neoverse has entered into a “new chapter.” In order to celebrate the launch of the N3 MainNet, NGD (or NEO Global Development) launched Neoverse — which is described as an NFT mint and collection campaign carried out “with multiple developer communities, ecosystem projects, and… Read More

January 1, 2022 @ 10:21 pm By Omar Faridi  |  

Surojit Chatterjee, Chief Product Officer at Coinbase (NASDAQ: COIN), notes that 2021 proved to be “a breakout year for crypto” with Bitcoin (BTC) price gaining nearly 70% YoY, DeFi hitting $150B in value locked, and NFTs “emerging as a new category.” Chatterjee has shared his… Read More

December 30, 2021 @ 3:07 pm By Omar Faridi  |  

At digital assets firm Gemini, they are focused on developing the next generation of financial services by leveraging the transformative power of blockchain or distributed technology (DLT) and cryptocurrency. Via the Gemini Frontier Fund — their strategic venture investment division — the company has  embarked… Read More

December 27, 2021 @ 1:40 pm By Omar Faridi  |  

The blockchain and crypto-assets space has grown tremendously during the past 18 months due in part to the acceleration of the ongoing digital transformation. Many more consumers and business organizations are completing tasks online instead of visiting physical locations to avoid the further spread of… Read More

December 26, 2021 @ 10:17 pm By Omar Faridi  |  

Moralis, the backend development platform for blockchain, announced earlier this week the release of a Software Development Kit (SDK) to “simplify the development of Web3 games and metaverse applications.” The SDK is plugged with game development environment Unity, allowing application developers to easily add Web… Read More

December 26, 2021 @ 4:55 pm By Omar Faridi  |  

StarSharks, a community-led gaming ecosystem dedicated to players creating, sharing and building together, is pleased to confirm the closing of a $4.8 million private round. The shark Metaverse will use the proceeds to create “exciting new games and nurture the community,” according to a release…. Read More

December 22, 2021 @ 3:58 pm By Tony Zerucha  |  

There was no surprises at the top when GlobalData released the top 10 cryptocurrencies for 2021 in terms of how many social media conversations they generated through the year, up to Dec. 9. Twitter and Reddit feeds were monitored. Bitcoin generated close to 900,000 discussions… Read More

December 14, 2021 @ 4:23 pm By Tony Zerucha  |  

Digital assets provider Amber Group today launched WhaleFin, which it described as an “all in one”  digital asset platform positioned to empower mainstream investors to build wealth in the digital era. WhaleFin combines features of the Amber Pro, launched in 2019, with the user interface… Read More

December 14, 2021 @ 9:00 am By Tony Zerucha  |  

The HBAR Foundation and MetaVRse, a web-based, low-code 3D creation platform, today announced a partnership to build Metaverse solutions for the world’s largest organizations on the Hedera Network. The creation of the Metaverse will require tools that are easy to use and accessible, and MetaVRse… Read More

December 2, 2021 @ 4:43 pm By Omar Faridi  |  

Video games, the Metaverse and NFTs are all becoming increasingly popular in the digital age. Binance NFT claims it has become the largest centralized NFT gaming platform. Since June of this year, Binance NFT has become one of the largest centralized NFT gaming marketplace, onboarding… Read More

November 29, 2021 @ 11:39 pm By Omar Faridi  |  

Grayscale, a company focused on digital currency investing, notes that crypto Cloud economies are the next “emerging market investment frontier” and the Metaverse is at the forefront or center of this Web 3.0 Internet “evolution.” As explained by Grayscale, the Metaverse is a set of… Read More

November 28, 2021 @ 8:28 pm By Omar Faridi  |  

Blockade Games, the blockchain video game studio, has announced that it has finalized its $5 million seed extension at a $23 million valuation that is being co-led by Animoca Brands and Digital. Other investors reportedly include Drew Austin from Redbeard Ventures, Flamingo DAO, Galaxy Interactive,… Read More

November 28, 2021 @ 10:53 am By Omar Faridi  |  

Ontology Network, which claims to be a high-performance, open-source blockchain specializing in digital identity and data, has now been live for over fours years. The platform remains focused on its journey to Web 3.0 Infrastructure Status. Ontology confirms that it has a continued focus on… Read More

November 24, 2021 @ 5:20 pm By Tony Zerucha  |  

If you think you’re getting priced out of physical real estate, you’d likely be doing even worse online. This week, Canadian company Tokens.com announced its subsidiary Metaverse Group acquired a 116-parcel, 6,090 square-foot estate in the heart of Decentraland’s Fashion Street district for $2.4 million…. Read More