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The CryptoX Culture and Entertainment (CNE) sector index, which includes metaverse tokens such as MANA, gained 37% since the start of the year, becoming the best performing asset class among CryptoX’s sector indices. The CryptoX Market Index (CMI), which tracks the performance of the broad crypto market, is up 17.4%
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“Thanks to the collaboration with Unstoppable, our users can now claim their Web3 domain and expand their digital identity beyond metaverse platforms,” said Timmu Tõke, co-founder and CEO of Ready Player Me told CoinDesk. “They will be able to take advantage of all of the features offered by Unstoppable Domains,
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The metaverse-building company is looking to leverage the digital ecosystem so big brands can expand their demographic footprint while increasing their revenue streams. Source
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Sabnis imagined fans at “every concert, [they] scan the QR code, it acts as a wallet, NFT drops are there, there's a chance for seat upgrades.” These wallets could sync with where you are in a venue in real time and expand the experience with augmented reality, for example. In
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Hackers hide malware in fake NFT gameA phishing website purporting to offer a Pokémon-branded nonfungible token (NFT) card game has been spreading malware to unsuspecting gamers, a cybersecurity firm has warned. The website, which at the time of writing was still online, also claims to offer an NFT marketplace, with
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Holoride ambitiously calls this vision the “Motorverse,” and it’s spent a lot of time thinking it through. The company spun out of Audi years ago, and while the hardware is new to the market, it’s been crafting the platform for a while. RIDE launched at the end of 2021, and
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Animoca Brands, a Web3 gaming-focused company, has announced it is now targeting a raise of $1 billion for a fund directed to inject help for already established blockchain projects. The number is significantly lower than the $2 billion the company announced back in November as an upper limit for this
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While the 2022 bear market grazed off the excitement around the budding crypto sub-ecosystems such as nonfungible tokens (NFTs), the Metaverse remains well-positioned for long-term disruption. Considering the myriad consumer and business-centric use cases the metaverse could cater to, a McKinsey & Company report highlights the technology’s potential to generate
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Web3 features are just beginning to appear on smart TVs, but they could become an on-ramp for general consumers. Source
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Microsoft association with Metaverse firm Touchcast has resulted in data manufacture of the Fiat model, which according to Bzeih, is a “natural progression”.American multinational technological corporation Microsoft (MSFT) has high hopes for the metaverse in the future. In a talk recently, Microsoft Chief Strategy Officer Henry Bzeih claimed that the
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