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The metaverse sector is witnessing its very-own housing crisis moment, thanks to massive declines in the prices of its virtual lands in 2022, led by waning users' interest and a crypto bear market.Land sales plunge 85% in 2022In particular, metaverse projects built on the Ethereum blockchain, including the Sandbox and
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Komainu, a joint venture between Japanese investment bank Nomura, digital asset manager CoinShares and digital asset security company Ledger founded in 2018, has already established a firm foothold in the Asia-Pacific region and is eyeing an expansion into the Middle East, according to Sebastian Widmann, Komainu’s head of strategy. Source
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Virtual reality (VR) will eventually have a place within the Metaverse, but not for the foreseeable future given its slow adoption rates, according to experts.There isn’t much that can rival the experience of having one’s senses almost immersed in a virtual world — which is why many believe that the
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Blockchain-based technologies, as expressed by cryptocurrencies and other forms of digital assets like non-fungible tokens (NFTs), are beginning to make their presence felt in many different industries. While appearing little different on the surface from other types of digital money, the excitement crypto and NFTs have generated centres around their
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New York-based crypto trading platform Gemini claims to be the first one to get registered as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland (CBI). Earlier, in February 2022, a company received an Electronic Money Institution (EMI) authorization from the CBI. The news was reported on Gemini’s official
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Virtual avatar company Hologram has raised $6.5 million in seed funding led by Polychain Capital, the company said Thursday in a press release. The round also saw participation from Nascent, Inflection, The Operating Group, Quantstamp, Neon DAO, Foothill Ventures, South Park Commons, and several angel investors including Linkin Park’s Mike
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“He sido fanático de la nueva tecnología durante toda mi vida, desde el primer videojuego y computadora con capacidades CGI”, dijo Hawk en un video al anunciar las novedades. “Por eso estoy fascinado con el metaverso, y emocionado de traer nuestra cultura al paisaje virtual de The Sandbox”. Source
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“I have been a fan of new technology all of my life, from the first video games and home computers with CGI capabilities,” Hawk said in a video announcing the news. “So I am fascinated by the metaverse, and excited to bring our culture into the virtual landscape of The
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Cryptoys, an NFT-based startup, announced it has raised $23 million in a Series A funding round led by a16z. The company, which seeks to mix NFTs with the world of gaming and virtual toys, will create what it calls a “cryptoyverse,” in which it will also implement play-to-earn features and
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