Metaverse

Decentraland’s MANA Token Hits All-Time High After Sale of Virtual Real Estate
The token has climbed almost 40% in seven days.

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.

Grayscale Says Metaverse Is a Trillion-Dollar Market Opportunity
Revenue from virtual gaming worlds could grow to $400 billion in 2025.

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?

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.”

Metaverse Platform The Sandbox’s SAND Token Surges 25% After Adidas Teases Partnership
SAND has rallied over 600% since Facebook’s rebrand as Meta.

Blockade Games Raises $5M Round at $23M Valuation From Animoca Brands, Others
The round was led by metaverse and NFT stalwart Animoca Brands.

Not All NFTs Are Securities
When non-fungible tokens should be regulated under securities laws, and when they shouldn’t.

‘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.

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.

