Thursday, February 27, 2025
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Chinese city launches gov’t-backed metaverse platform

On May 22, Nanjing, the capital city of China’s eastern Jiangsu province, inaugurated the Chinese Blockchain Technology and Application Innovation Platform to foster and advance metaverse research and development across the country.The newly established state-backed entity is led by the Nanjing University of Information Science and Technology (NUIST). As per

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Metaverse ETF ‘PUNK’ closing after betting against Meta’s vision

After 15 months and an approximate 30% loss, an exchange-traded fund (ETF) opposing Meta’s perspective on the metaverse is shutting down.Subversive Capital is set to shut down and liquidate its Subversive Metaverse ETF, known by its “PUNK,” ticker, as the company shifts its focus toward artificial intelligence (AI).In January 2022,

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Apple VR/AR Headset Could Likely Launch in Early June & Spur Metaverse 

Ahead of its rumored June release, the Apple metaverse mixed-reality headset is touted to be an industry leader.  Reports suggest that the new Apple (NASDAQ: AAPL) virtual and augmented reality headset could fast-track the emergence of the metaverse. The consumer electronics giant is on course to release its highly-anticipated mixed-reality headset in the weeks ahead. Many believe

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Apple’s new headset could put a rocket under metaverse tokens

Apple is scheduled to release its highly-anticipated mixed-reality headset in the coming weeks, a development that some believe could breathe fresh life into the metaverse industry.In January, the native tokens of blockchain-based metaverse projects Decentraland (MANA) and Sandbox (SAND) witnessed significant surges in price, due partly to swirling rumors about

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