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Uncategorized March 26, 2022

FOV Ventures aims to support metaverse ventures in Europe

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FOV Ventures is a new venture capital firm that seeks to invest in metaverse enterprises in their early stages. According to the company, its first fund raised $18.1 million.

The venture capital firm, was founded last month by founding partners David Haynes and Petri Rajahalme with the goal of focusing on European-based metaverse firms. FOV Ventures describes itself as Europe’s go-to fund for ambitious founders launching a firm in the Metaverse, the Internet’s successor state and a trillion-dollar potential. “As a specialist fund, we invest at the earliest stage and attempt to contribute value through our domain expertise and worldwide network.”

The business typically makes first investments of up to €500,000 in pre-seed or seed stage European startups.

“We want to add value and collaborate as much as possible as a specialized fund. We are happy to lead rounds and bring in other angel investors at the pre-seed stage, or syndicate with other lead VCs at the seed stage”, says the company.

The company claims to have raised $18.1 million (€16.5 million) to date, with a target of $27.5 million (€25 million) for its first fund. The company expects to invest $274,000 to $550,000 (€250,000 to €500,000) in up to 25 pre-seed and seed stage businesses through the fund.

“Avatars and Identity,” “Retail and Digital,” “Immersive Social,” “Future of Work,” and “Tools and Infrastructure” are among the areas in which the corporation claims it wants to invest.

“The metaverse represents a significant expansion of today’s Internet,” according to the company, “growing more immersive, developed with new tools such as real-time 3D game engines, and crossing an increasingly blurred barrier between the virtual and physical worlds.”

The two founding partners, according to the company, have prior venture capital experience. Dave Haynes previously worked for Vive X, HTC’s virtual reality investment fund, and Seedcamp, a European startup capital business. Petri Rajahalme was the managing director of the Nordic XR Startups fund, where he was in charge of eight XR startups.

For MetaNews.

Jonathan Hobbs is an Australian investor and author that trades on a variety of asset classes, including currencies, equities, and commodities. Jonathan’s experience as a macro trader leverages his unique writing style to combine important elements, such as technical analysis and news. The other elements that he brings into his unique writing styles are foundation analysis aimed at rational equilibrium values, evaluating the sizes and motivations of buyers and sellers, as well as identifying the needs of the buyers and sellers in the individual markets. Jonathan is committed to quality writing for new traders as well as veterans.

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EU Laws Talks Will Determine the Future of Wallets Soon

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The future of NFTs and crypto currencies is far from decided, or secure. Many legislators and on the fence about the usefulness, legality, and value of NFTs as a class of assets. Decentralized governmental and financial structures are becoming more and more common as talking points in the collective consciousness, and this is especially the case in legislative circles. Now, in the European Union, many lawmakers are having a plain-dealing conversation with each other about the future of NFTs and personal wallets.

 

The Event

European Union officials and negotiators have scheduled a meeting this week in order to render themselves the opportunity to finally get ahead of all the talk surrounding NFTs and the questions of illegality currently crippling the industry. One topic on the table that is of especial interest, is the potential for money laundering. This is a heavily influential talking point for for the legislators, and the community.

“Meetings on Wednesday and Thursday could determine the bloc’s crypto legal framework for years to come – but major questions still hang over the treatment of non-fungible tokens (NFTs), the energy impact of Bitcoin and the private use of un-hosted wallets.” -Coindesk

The Reports on the Street

“First will come talks on a controversial transfer-of-funds law, which would require wallet providers to identify the participants in crypto transactions. On June 29, EU officials gather to hammer out final details of those plans at a closed-door meeting.”

 

MetaNews is your number one resource for information on the Metaverse and the markets. We deliver the relevant news, every day. Don’t forget to check us out on Twitter! @metanews_com. Our staff of expert researchers and copywriters are dedicated to bringing you the latest, most relevant information from all over the Metaverse and its affiliated properties. From commerce and finance, to technology and interconnectivity, MetaNews produces well researched, accurately sourced articles on a daily basis.

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Hogwarts Legacy is an Upcoming Game Releasing Later in 2022

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The newest release from the studio that brought you other installations in the series, Avalanche Studios, is now designing another installment in the Harry Potter universe. The main director, Alan Tew, has stated that the game will focus in a different path in the original timeline of the lore, and that the adventure will be every bit as exhilarating as the other games they have developed. In the main article we will be examining the things that the developers are adding to the game to make it look and feel like a new installment to a fan favorite.

 

The Setting

The game is essentially a prequel, and takes place in the fictional universe of the Hogwarts School of Witchcraft and Wizardry. The timeline is set around the nineteenth century in the school when students are just beginning their fifth year of enrollment in the school.

The game is an RPG, or Role-Playing game, that focuses on a single player that has been bestowed a secret that could affect the lives of everyone at the school, and even everyone in the wizarding world. The role-playing aspect is played up but certainly there are other mechanics that the developers have introduced into the fabric of the game.

The Wiki

“The player character will interact with NPCs seen within the Hogwarts franchise including Nicholas de Mimsy-Porpington (Nearly Headless Nick), The Fat Lady and Peeves. The player character will also be introduced to new NPCs such as teachers Professor Eleazar Fig acting as a mentor figure as well as Ranrok, the leader of the Goblin Rebellion, and Victor Rookwood, the leader of the Dark Wizards.”

 

MetaNews is your number one resource for information on the Metaverse and the markets. We deliver the relevant news, every day. Don’t forget to check us out on Twitter! @metanews_com. Our staff of expert researchers and copywriters are dedicated to bringing you the latest, most relevant information from all over the Metaverse and its affiliated properties. From commerce and finance, to technology and interconnectivity, MetaNews produces well researched, accurately sourced articles on a daily basis.

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Forespoken Coming to PC This Fall and it Looks Spectacular

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Forspoken is an upcoming game for PC that is in development at Luminous Productions and is slated to be released this fall. The game is going to be an action-adventure RPG and will be published by the amazingly well broadcast Square Enix. The game is based on well-received and tried and true gaming mechanics, but it is also incorporating a lot of very innovative elements that make it interesting. In the main article, we will be examining some of the most entertaining aspects of the game.

 

The Setting

In an announcement made earlier this year made by director Takeshi Aramaki, the game’s primary setting and style of play is focused on terrain travel with speed and smoothness. The publisher has recently described the game as a “narrative-driven adventure”. The player is deposited in the beginning of the game in an environment that they must explore in order to solve the puzzles and progress through the environment.

The player plays a magical practitioner who is able to cast spells and resurrect the dead. The character’s name is Frey, and the primary story of the game centers around Frey’s life in the conflict of the main story.

The Wiki

“The protagonist, Frey Holland is a young woman who is transported from New York City to the fantasy world of Athia and uses magical powers to journey through it and survive in order to find her way home. Athia is under the tyrannical rule of the Tantas, which include Tanta Sila and Tanta Prave. Other characters include Frey’s sentient bracelet Cuff the archivist Johedy (Keala Settle), and Auden.”

 

MetaNews is your number one resource for information on the Metaverse and the markets. We deliver the relevant news, every day. Don’t forget to check us out on Twitter! @metanews_com. Our staff of expert researchers and copywriters are dedicated to bringing you the latest, most relevant information from all over the Metaverse and its affiliated properties. From commerce and finance, to technology and interconnectivity, MetaNews produces well researched, accurately sourced articles on a daily basis.

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