Metaverse
The Metaverse Is Facing a ‘Cooldown Moment’ Amid Crypto Winter
That isn’t necessarily a bad thing, Cathy Hackl, chief metaverse officer at Journey, told "First Mover."
Metaverse Seeing a 'Cool Down Moment' Amid Crypto Winter: Expert
Journey's Chief Metaverse Officer Cathy Hackl addresses the metaverse's "cool down moment" as Disney reportedly lays off its metaverse team. This comes as Metaverse Fashion Week ramps up, with luxury brands like Dolce and Gabbana participating. "We were on this train, destination metaverse," Hackl added, and a lot of people on the hype part of the train are now "off."
Brands Like Dolce and Gabbana Participate in Metaverse Fashion Week
Luxury brands like Dolce and Gabbana are participating in this week's Metaverse Fashion Week on Decentraland. This comes as Disney reportedly lays off its metaverse team. Journey Chief Metaverse Officer Cathy Hackl discusses fashion in the metaverse and the outlook for Web3 amid crypto winter.
Disney Lays Off Metaverse Team
Disney is in the process of laying off 7,000 staff in an attempt to control costs and develop what CEO Bob Iger calls a "streamlined" business. The cuts include its entire 50-person metaverse team. "The Hash" panel discusses whether or not this is a significant setback for corporate adoption of Web3.
Current State of the Metaverse
Forkast Host Angie Lau breaks down where the metaverse technology is heading amid the current opportunities and challenges. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Disney Lays Off Metaverse Team: Report
Fifty people have lost their jobs as Disney disbands its next-generation storytelling and consumer experiences unit as part a company-wide staff reduction.
Gucci, Yuga Labs Partner to Bring Luxury Fashion to the Metaverse
Gucci and Bored Ape parent Yuga Labs have signed a multi-year partnership to collaborate within Yuga Labs' Otherside metaverse and its 10KTF collection to explore collaborative opportunities between Web3 fashion and entertainment. "The Hash" panel discusses Gucci's latest Web3 push bringing luxury digital fashion into the metaverse.
NFT Investor Animoca Brands Cuts Target for Metaverse Fund to $800M: Reuters
When Animoca initially unveiled its plans for the fund in November, its target was $2 billion, which was then cut in half to $1 billion
Metaverse NFT Trading Volume Hit New All-Time High, DappRadar Says
Virtual land trading spiked this past quarter with 147,000 trades generating $311 million in trading volume, according to a new report.
Yat Siu Says ‘Pro-Capitalist’ Asian Countries Are More Ready to Embrace Web3
The Animoca Brands chairman said at the Outer Edge conference in Los Angeles that among major international game publishers, those located across Asia are more active in Web3 development.
