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Even though the People’s Bank of China’s (PBOC) warning on metaverse and nonfungible tokens (NFTs) in November, more than a thousand Chinese companies have submitted thousands of metaverse-related trademark applications.In a summit back in November, Gou Wenjun, the PBOC’s AML and Analysis Center Director, warned about the dangers of digital
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekRussia to decide between blanket crypto ban
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As one searches the online space, the term “metaverse” is becoming increasingly common and one has certainly seen a spotlight on this ecosystem. Many people are having difficulties trying to understand this new paradigm, however, this has not stopped many early adopters from engaging with these projects, and seeing various
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Blockchain technology is central to the development of the metaverse and Web 3, Goldman Sachs said in a research report.It is the only technology that can “uniquely identify any virtual object independent of a central authority,” and this ability to identify and track ownership will be crucial to the functioning
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The Hedera Network, which claims to be the only public distributed ledger network suited for the security and stability requirements of big businesses, is jumping into the cryptocurrency-fueled frenzy over virtual worlds, angling to develop what it describes as “enterprise metaverse.”The HBAR Foundation, which supports development on the Hedera Network
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When it comes to gaming, certain genres are always in vogue. Shooter RPGs. Survival games. Immersive action-adventure odysseys focused on exploration and discovery. And, of course, battle-based games that revolve around towering fighting machines known as mecha. This isn’t a surprise, of course. Talking robotics with cannons for arms have broad
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Dvision Network is a blockchain-based metaverse, which powers the robust and diversified NFT marketplace within its augmented reality. Dvision is based on three primary platform features, which are known as NFT Market, Meta-Space, and Meta-City. The users can utilize LANDs (Meta-Space) in the metaverse in order to build their preferred
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Clinique had a problem. The brand wanted to “enter the metaverse,” but it didn’t want to do it in a way that was cringey. So, they called a woman named Cathy Hackl: The “Godmother of the Metaverse.”Her credentials? Hackl, the “Chief Metaverse Officer” of Futures Intelligence Group, has worked in
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Still, real estate NFTs promise the ability to democratize property ownership, a space that has historically excluded a majority of the world. GoBankingRates quoted a research analyst at Grayscale Investments who noted that historically, real-estate value is largely influenced by proximity to shops, services and attractive neighborhoods. It remains to
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SIDUS HEROES is the first ever WebGL, AAA-level, Play-to-Earn, NFT and MMORPG game built by an experienced tech company with 200+ full-time employees and numerous successful projects under its belt. The game is set in a space metaverse at a time when technological advancements have reached the level of merging
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