Metaverse
Animoca Brands Raises $20M for Metaverse Project Mocaverse
The investment was led by CMCC Global and included contributions from Kingsway Capital, Liberty City Ventures and GameFi Ventures.
Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth
The much-awaited Shibarium network saw over 21 million wallets created during its testnet and is expected to position Shiba Inu as a serious DeFi contender.
Neal Stephenson's Metaverse Vision Is One Step Closer as Lamina1 Blockchain Launches Betanet
The metaverse-focused layer-1 blockchain, dreamed up by science-fiction author Neal Stephenson and blockchain expert Peter Vessenes, is launching the Lamina1 Hub for Web3 builders and creators.
The Sandbox Co-Founder on Launching Elvis Presley NFT Avatars, Future of the Metaverse
Metaverse platform The Sandbox is introducing NFT avatars of Elvis Presley to celebrate the music icon's legacy in the digital world. The Sandbox co-founder and COO Sebastien Borget discusses the details of the launch and how users who buy an NFT will have governance and voting rights for the Elvis Legacy Council DAO. Plus, insights into Asia's role in the global metaverse ecosystem.
Metaverse Project Futureverse's Co-Founders Start $50M Venture Fund
The Born Ready venture studio will invest in early-stage Web3 and metaverse projects.
Yuga Labs Acquiring Roar Studios to Accelerate 'Bold Vision' for Otherside
The Roar team will "contribute their innovative technology, specialized expertise and leadership" to Yuga Labs as it continues its ambitious growth plans for their Otherside metaverse.
Meta Aims to Recharge Lagging Horizon Worlds Metaverse With New In-House Game Studio
The struggling VR platform reported losses of $3.7 billion in the second quarter, though CEO Mark Zuckerberg remains "fully committed" to the metaverse and AI.
Yuga Labs Hopes to Rile Up Its Bored Apes With Latest Otherside Demo
The NFT mega-company has been hard at work building out a virtual playground for its Web3 community, and its latest live demo is aimed at bringing Bored Ape Yacht Club holders back to the center of its universe.
Zuckerberg Says Meta Has 'Exciting Roadmap' With Threads, AI Products in Pipeline
Mark Zuckerberg, founder and CEO of Facebook parent Meta, says the firm isn't giving up on the metaverse anytime soon. This comes as Meta's metaverse division Reality Labs reported $276 million in sales and $3.7 billion in losses for Q2 2023. Journey Chief Metaverse Officer Cathy Hackl discusses her take on Meta's vision for the metaverse and artificial intelligence (AI).
Meta Remains Committed to the Metaverse Despite $13.7B Loss in 2022, Mark Zuckerberg Says
Meta's pivot cost the social media giant over $20 billion since 2021, but the company’s founder and CEO Mark Zuckerberg says the firm isn't giving up on the metaverse anytime soon.
