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The metaverse is important because it can “fundamentally change the medium through which we socialise with others, watch music performances, engage with fashion brands, learn and/or speculate on digital assets such as NFT’s or in-game skins,” Morgan Stanley said in a research note. Source
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Metaverse is a term we’re hearing more and more these days, not least since Facebook announced it was changing its name to Meta and transitioning into “a metaverse company.” A concept that refers to immersive virtual environments where users can socialize, play, shop, and even earn, the metaverse could represent
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In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.What’s in a name? A whole metaverse is what one could be led to believe
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Neal Stephenson, a popular sci-fi writer coined the phrase “metaverse” in his first best-selling and breakthrough 1992 novel, Snow Crash. Now that concept is becoming a reality, and what’s more, you can invest in the metaverses. In Ready Player One, The OASIS is another example of an advanced virtual reality.
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press release PRESS RELEASE. The world’s largest metaverse on blockchain and NFT platform TCG World announces partnership with a stock giant WallStreetBets. Since the start of the year, the WallStreetBets movement has been defying traditional finance with a legion of retail investors using decentralized tradable assets on the blockchain to
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While bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid seven-day gains. The two metaverse tokens sandbox and decentraland have skyrocketed over 170% during the last week. Crypto assets like loopring, crypto.com coin, and arweave have spiked in value more than
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Blockchain firm Enjin has formed a $100 million fund to support projects in its ecosystem geared toward developing a decentralized metaverse.The Efinity Metaverse Fund will aim to support work on metaverse projects on Efinity – a blockchain developed by Enjin with Polkadot – as well as those involved in non-fungible
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RTFKT Studios, pronounced artifact, has announced a collaborative partnership with software developer Daz 3D to leverage their technology to create immersive, three-dimensional avatars for their upcoming nonfungible token, or NFT, release, CloneX.Founded by Chris Le, Benoit Pagotto and Steven Vasilev, RTKFT have emerged at the forefront of next-generation sneaker culture,
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Blockchain gaming platform Enjin is establishing a new fund to support the development of the metaverse ecosystem and make it more decentralized.Enjin, a startup behind the nonfungible token (NFT)-focused blockchain Efinity, has formed a $100-million fund to support Efinity adopters as well as other related projects, the startup announced Thursday.“It
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The blockchain gaming ecosystem has seen explosive growth over the course of 2021 as nonfungible tokens (NFT) and the play-to-earn gaming model helped create new income opportunities for people around the world while also ushering in a new cohort of users to the cryptocurrency sector. One project involved in gaming and
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