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$50M Web3, Metaverse Venture Fund Started by Futureverse Co-Founders Shara Senderoff, Aaron McDonald

The Born Ready fund will cut checks between $250,000 and $1 million per project, the team told Fortune in an interview. It has already deployed capital into a variety of companies, including high-tech sneaker startup FCTRY Lab, Web3 startup Power’d Digital, and blockchain gaming companies Polemos and Walker Labs. Born

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Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more

Yuga Labs accelerates Otherside planNonfungible token (NFT) conglomerate Yuga Labs has agreed to acquire the metaverse-building startup Roar Studios as Yuga looks to bolster its Otherside metaverse.Yuga tweeted the news on July 31 saying the impending acquisition was to “execute our expansive vision” for Otherside.An accompanying release said Roar Studios'

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The Sandbox and the British Museum bring art and history to the metaverse

The Sandbox metaverse development platform announced on July 27 that it would be partnering with the British Museum to bring it into the metaverse. The blog revealed that the partnership aims to create new “immersive experiences” for users to discover world history. A range of digital collectibles will be generated that

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