All publications by tag «metaverse»
Web3 Games: State and Prospects on the Road to a New Era (Or Not)
Let’s start with the well-known fact: the crypto-winter is still in session. While traditional game developers are slowly and ungracefully rolling towards an interest in cryptocurrency games, those who develop “playable” variations are still playing around with various crypto schemes.
How Sims’ Will Wright integrates Web3 into his recent game, VoxVerse
The Sims and Spore creator Will Wright is back in the game business with the new metaverse project VoxVerse promising “a unique and immersive” cross-game experience. Let us see what his team is preparing for gamers and whether it will astound the well-nourished Web3 game industry.
Swiss crypto bank Sygnum to open metaverse hub in Decentraland to showcase its ‘Web3 innovations’
Sygnum is the first Swiss bank to have its own metaverse residency. The crypto company and virtual asset manager has announced the opening of a digital hub in Decentraland. It will feature an NFT gallery and space for virtual conferences.
Metaverse company Hadean raises $18 million from Tencent and CIA-backed fund
Chinese tech giant Tencent has participated in a £15 million ($18.3 million) funding round for Hadean, a British startup building virtual worlds and its own metaverse platform. Other investors include a CIA-backed fund and the British government.
Shanghai to establish $1.5 billion fund to help launch 100 metaverse products by 2025
Shanghai’s government has announced it plans to establish a $1.5 billion fund dedicated to metaverse development. The initiative is supposed to accelerate China’s economic recovery through supporting companies working in this area.
Metaverse platform Mona raises $14.6 million to let creators build and sell virtual worlds as NFTs
Mona has raised $14.6 million for its metaverse platform for digital creators. It is designed to help people build virtual worlds and sell them as NFTs, while also offering its own infrastructure and editor.
‘Snow Crash’ author Neal Stephenson steps into Web3 by announcing ‘truly open metaverse’ LAMINA1
Neal Stephenson is known for defining the term “Metaverse” in his cyberpunk novel “Snow Crash” back in the early 90s. The writer has now decided to bring his own vision of this concept to life by announcing a new project titled LAMINA1 aimed at helping creators realize their ideas.
Citigroup expects metaverse industry to reach up to $13 trillion by 2030 despite skepticism
Metaverse has become the buzzword for tech companies and startups across the globe over the last year. Despite the skepticism around this sector remaining high, some analysts think that it might turn into a $13 trillion industry by the end of this decade.