Cryptocurrency Analysis and News Portal
Gucci has welcomed its new creative director by reenacting its Milan Fashion Week runway show across three virtual platforms. On Sept. 22, Italian fashion house Gucci had its first runway show under new creative director Sabato de Sarno both in the real world and on three major digital platforms: Zepeto, Roblox,
Read More
The popular British pop singer Robbie Williams is scheduled to appear in the virtual city dubbed LightCycle. Williams has become the latest celebrity to join the metaverse hype train via LightCycle, a virtual city built using Unreal Engine 5. According to Variety, Williams will appear on the platform alongside its launch,
Read More
In this week’s newsletter, read about how marketplace Magic Eden integrated compressed nonfungible tokens (NFTs) into its platform and how Meta launched its metaverse game on mobile and web. Check out why the Bitcoin Ordinals creator proposes changing the protocol’s numbering system and learn about Atari founder Nolan Bushnell’s perspectives
Read More
Walmart has broadened the shopping experience for its customers in the metaverse as it merges purchases in the physical and virtual worlds. American multinational retail corporation Walmart Inc (NYSE: WMT) plans to expand its metaverse strategy by allowing its customers to buy physical versions of items available for virtual home purchases. Users can now
Read More
“The metaverse is in scope of the bill, which, as noble Lords know, has been designed to be technology neutral and future-proofed to ensure that it keeps pace with emerging technologies,” Lord Stephen Parkinson, a member of the Parliament's upper house and minister at the Department for Culture, Media and
Read More
Beijing is seeking a way to put regulatory burden on the yet-to-be-developed next internet iteration. China is set to form a working group to develop standards for the metaverse as the country sees a big future for the technology. According to a report by Reuters, China’s Ministry of Industry and Information Technology
Read More
Krafton’s Roblox-like video game is said to rely on generative artificial intelligence and be based on the game engine Unreal Engine 5. South Korea’s game developer Krafton, best known for its global mega-hit PlayerUnknown’s Battlegrounds (PUBG), is set to compete with Roblox with its new product, according to The Korea Economic
Read More
DappRadar analysts say the industry and observers need to internalize the evolving utility of metaverses. Blockchain-based virtual worlds are struggling to weather the storm as on-chain data indicate a continued trade decline. According to a monthly overview report by DappRadar, in August 2023, there were only 8,329 land sales (worth $4.1
Read More
Qualcomm Global Senior Vice President Cheng Lixin expressed optimism about the partnership, emphasizing its potential to accelerate the development of China’s metaverse. Chinese tech giant Baidu Inc (HKG: 9888) has announced a strategic partnership with Qualcomm Inc’s (NASDAQ: QCOM) local unit. This collaboration promises to propel the development of Extended Reality
Read More
Darewise Entertainment, a subsidiary of Animoca Brands, is partnering with Horizen Labs to develop the first metaverse token on Bitcoin. Horizen Labs, a blockchain firm, will guide on token development and provide consulting services. This deal aims to roll out the first-ever metaverse token designed on the Bitcoin(BTC) network. Both firms
Read More