New research from the Bank of International Settlements (BIS) urges policymakers to “future-proof” themselves against the negative impacts of an unchecked metaverse on the digital economy. The BIS research stated that to keep the metaverse from fragmenting and being controlled
Nomura, in collaboration with its subsidiary Laser Digital, unveils a traditional Japanese botanical garden experience in The Sandbox metaverse. The immersive venture aims to integrate heritage, sustainability, and digital asset exploration. While the initial enthusiasm surrounding cryptocurrencies and the metaverse
The number of active users in the Decentraland and The Sandbox metaverses has dropped massively, according to DappRadar statistics. The two platforms had less than 4,000 unique active wallets in the past 30 days, while the floor prices of non-fungible
Leading cryptocurrency exchanges are readjusting their services for U.S. investors in reaction to the shifting regulatory landscape. Bitstamp, founded in 2011, has announced the suspension of seven cryptocurrencies, including Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near Protocol
The Open Metaverse Alliance (OMA3), a group of top metaverse companies, is spearheading the development of standards for a metaverse that is community–owned, decentralized, and usable across different platforms, according to a recent announcement. Based in the Swiss technology hub
Metaverse token DBC is one of the best-performing digital currencies in the first five months of the year. And its bullish cycle has been sustained by the release of a progress report with an emphasis on many areas including artificial
Reality singing competition and TV show ‘The Voice’ is throwing open the virtual door and inviting fans to enter. From May 12, fans of the show will be able to enter the competition through VR. The latest event follows a successful
The Chinese metaverse is no fun. Under the strict supervision of government officials, the virtual world is relentlessly focused on industry and healthcare. In fact, the Chinese Communist Party (CCP) has even gone as far as to issue a state-backed
Shiba Inu has confirmed that its metaverse project, SHIB the metaverse, will launch before the year is out. A recent update confirmed that developers plan to launch the virtual environment as early as December, 2023. SHIB the metaverse set for
The Economic Ministry of France has published a metaverse consultation, seeking input from the public about “immersive virtual worlds of tomorrow.” Featuring seven questions, the questionnaire seeks to gain a better understanding of user perceptions around expanding digital realms like
OpenSea remains the largest non-fungible token (NFT) marketplace by all-time volume and its reaction in the first week of April after its first-quarter lows show that the development team behind the project is committed to reclaiming its crown as the
Fashion has long been earmarked as a potential use-case for the metaverse – if you’re gonna navigate virtual reality as an avatar, why wouldn’t you want to trick your representative out with the best digital swag? So goes the thinking
ABOUT US
and then