Metaverse

Metaverse

Finance

Animoca Brands and Hex Trust Partner to Provide Institutional-Grade Wallets for GameFi

Hex Trust will offer financial services to users of Animoca Brands’ ecosystem.

The Sandbox

Finance

Grayscale Says Metaverse Is a Trillion-Dollar Market Opportunity

Revenue from virtual gaming worlds could grow to $400 billion in 2025.

(The Sandbox)

Videos

Metaverse Platform The Sandbox’s SAND Token Surges 25% After Adidas Teases Partnership

SAND, the native cryptocurrency of the blockchain-based virtual world The Sandbox, has rallied 25% in the past 24 hours, hitting record highs above $7 and taking the weekly gain to 70%. This comes after Adidas seemed to confirm a relationship between the two companies. Is the metaverse going mainstream?

CoinDesk placeholder image

Videos

India Proposes Crypto Ban; Metaverse Race Heats Up

Korean government to review harsher penalties for crypto crime. India bill proposes ban on private cryptocurrencies. Race for the metaverse heating up. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

CoinDesk placeholder image

Markets

Metaverse Platform The Sandbox’s SAND Token Surges 25% After Adidas Teases Partnership

SAND has rallied over 600% since Facebook’s rebrand as Meta.

Sandbox's metaverse

Finance

Blockade Games Raises $5M Round at $23M Valuation From Animoca Brands, Others

The round was led by metaverse and NFT stalwart Animoca Brands.

(Marguerite deCourcelle/Blockade Games)

Policy

Not All NFTs Are Securities

When non-fungible tokens should be regulated under securities laws, and when they shouldn’t.

(Artur Debat/Getty Images)

Finance

‘Crypto-States’ Will Compete With Corporates in the Metaverse

It’s Facebook’s Meta versus open DAOs. And the battle will come down to hardware, specifically, microchips.

Crowd of people on network connection lines.

Markets

Axie Infinity Finds Ready Players in Hyperinflation-Racked Venezuela

As they have in the Philippines, some players are making enough money to feed their families.

Bolívar Avenue in Maturín, the city in Venezuela where Axie player Juan Tirado lives. (Cesar Pérez via Wikipedia)