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Animoca Brands, a prominent investor in non-fungible tokens (NFT) and decentralized gaming, has completed a capital raise of $65 million at a $2.2 billion valuation. the company announced Wednesday.The company announced Wednesday that investors in the round include Liberty City Ventures, Ubisoft Entertainment, Sequoia China, Dragonfly Capital, Com2uS, Kingsway Capital,
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Sotheby’s, the 277-year-old British auction house, is staking its claim in the metaverse with the launch of a new platform called “Sotheby’s Metaverse” that allows visitors to view digital artworks available at auction, as well as learn about the collectors and artists behind the non-fungible tokens (NFTs). Source
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“It is a celebration of music and culture in the virtual social world, but also a recognition that the metaverse has arrived as a viable, irresistible and profitable space for creative people, whatever their medium or background,” Decentraland’s Sam Hamilton said in a statement. Source
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Non-fungible tokens (NFTs) are gradually shaping the future of the metaverse, a futuristic iteration of the internet where participants exist in a digital world through 3D virtual shared spaces. This rising crypto niche has caught the attention of creatives, given the opportunity to integrate their art with decentralized ecosystems. At
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Subversive Capital Acquisition, a special purpose acquisition company (SPAC), has filed an application with the Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) focused on the Metaverse.In a filing Thursday, Subversive Capital said the Subversive Metaverse ETF would invest in the stocks of companies that provide services and
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KB Asset Management kicked off KBSTAR iSelect Metaverse, a passive fund that will follow metaverse-related indexes. KB follows the iSelect Metaverse Index, inclusion to which is determined by factors such as a company’s industry exposure, sales linkage and future growth potential. Source
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The gaming industry, which has always been synonymous with fun, has grown massively in recent times, and a lot of money is now being mentioned when gaming comes up. Since the introduction of Web 3.0, there has been immense growth in the industry. At the end of 2019, the global
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‘Metaverse’ is a term that has recently become ubiquitous in crypto, doubtless due to the success of immersive virtual projects like Decentraland and Iluvium. The metaverse describes a vast ecosystem of often interconnected virtual environments, where players can interact with one another, explore parallel digital worlds, and buy and trade
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sponsored MetaWars is a highly immersive multiplayer strategy game. With an infinite universe that is established in a digital metaverse, players can use a wide variety of NFTs to determine the journey they take in-game. MetaWars allows players all around the world to earn through gameplay, “adopting blockchain into the
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The centralized metaverse is a term used to describe the dominant model of virtual worlds that was developed by companies like Linden Lab. The centralized metaverse has been around for over 20 years and has become a big part of people’s lives. In the early days of the Internet, there were
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