The Sandbox gaming platform announced The Sandbox Alpha, an upcoming event that will allow players to explore the ecosystem’s metaverse for the first time and earn rewards in the process. The news had pushed SAND, the native token of The Sandbox ecosystem, to its new all-time high of USD 3.63, dropping nearly 10% since. That…
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Animoca Brands has announced it will partner with Korean record label Cube Entertainment to build a “K-pop metaverse.” Nonfungible tokens (NFTs) continue to disrupt the mainstream entertainment industries, with NFT gaming firm Animoca Brands partnering with Korean record label, talent agency and music production company, Cube Entertainment, to build a “K-pop music metaverse.” Announced on…
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This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries…
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Investment bank Morgan Stanley has stated the metaverse is now the next big investment theme, in a note directed to investors Thursday. Strategists from the bank believe this alternate conception of reality is amassing important interest from companies like Meta (formerly Facebook) and Microsoft, which are already trying to grasp the concept. Some of these…
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Sharp-elbowed tech companies are keen to take up every corner on the metaverse bandwagon. Two of the biggest names in the dating app space have decided that the metaverse could well be a perfect match for their business models…. Read More: Tinder, Bumble Fall Head over Heels for Crypto, Metaverse Read more »Pay, Trade, Buy…
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After raising $440,000 selling NFTs on Binance, the Hermitage is now curious if NFTs are about the art, or rather just the money. The Russian State Hermitage Museum continues diving in the nonfungible tokens (NFTs) industry by debuting its first fully-virtual exhibition of digital art. Shortly after raising over $400,000 via its first NFT auction…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Crypto Dilemma in Indonesia, ‘Bitcoin Yield’ In Miami, Disney’s Metaverse + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Seoul says that it will become the first local government in South Korea to launch a metaverse public service platform. The initiative is the brainchild of the Seoul Metropolitan Government, which will launch a metaverse platform as part of its attempts to create a “contactless communication channel in the post-pandemic era.”… Read More: Seoul to…
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Nike, the American multinational footwear and sports apparel giant, is getting ready to step into the metaverse and the world of non-fungible token (NFT) technology. Reports show Nike has a few employees “thinking about the metaverse” and a 2019 patent for “cryptokicks” indicates Nike has been preparing to use NFTs for quite some time. Nike’s…
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Solana’s programmable and secure underlying infrastructure is critical for scalable and shareable dynamic metaverse content, according to OTOY CEO Jules Urbach. Jules Urbach, the CEO and founder of OTOY, wants to democratize content creation, specifically as it pertains to virtual assets. OTOY’s technology intends to fulfill the promise of an open cloud-based metaverse via the…
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