NFTs to appear on Facebook, cross-post with Instagram as Meta Web3 expansion continues
Nonfungible tokens will be found under a tab on creators’ Facebook timelines in a gradual rollout starting in the United States. Go to Source Powered by WPeMatico
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Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet
Meta, the metaverse-based platform, has announced the launch of a new wallet directed to support value interaction in the metaverse. Meta Pay, a rebrand of the former Facebook Pay service, will keep fulfilling the same functions that Facebook Pay did in the past, but will be developed as a universal way of paying for goods … Read more
Meta, Microsoft, and Others Launch Metaverse Standards Group
Meta, Microsoft, and 31 more companies have united to form an organization to promote the creation of open standards regarding metaverse tech. The institution, named the Metaverse Standards Forum, will focus on establishing standards to make each one of the metaverses on the internet interoperable, which would ideally permit these worlds to communicate. The Metaverse … Read more
A ‘very ambitious’ $100M Metaverse R&D hub is being built in Melbourne
“We’re really designing a whole world,” Two Bulls founder James Kane said about the role his business will play in the yet to launch metaverse. Go to Source Powered by WPeMatico
Meta set to begin testing NFTs on Instagram Stories with SparkAR
Earlier this week, Meta also announced it would join with other tech companies to create a metaverse standards body. Go to Source Powered by WPeMatico
Meta Launches Metaverse Digital Clothing Store
Meta announced that it was launching a designer digital clothing store that will allow users to purchase pieces of clothing for their avatars in its metaverse. The company believes that clothing and other accessories will become an important part of the users’ identity expression and that this will entice them to spend money on digital … Read more
Yahoo launching Metaverse events for Hong Kong residents under restrictions
Yahoo has announced its intention to launch a series of Metaverse projects in Hong Kong, apparently creating a brief rally for Decentraland’s native token, MANA. Go to Source Powered by WPeMatico
Pride in the Metaverse: Blockchain tech creates new opportunities for LGBTQ+ people
The Metaverse and NFTs are allowing people across the world to celebrate Pride Month in various ways. Go to Source Powered by WPeMatico
Fresh Gains Push Bitcoin Back Into the World’s Top 10 Most Valuable Assets
While bitcoin has lost more than 16% in value against the U.S. dollar during the past 30 days, the cryptocurrency’s market capitalization is still the tenth-largest asset by market valuation. With $603 billion in market value, bitcoin is above Meta’s (formally Facebook) capitalization and just below Berkshire Hathaway’s overall valuation. Despite Losing Over 16% in … Read more
Sony Announces Metaverse Push in Latest Annual Corporate Strategy Meeting
Sony, the global electronics giant, has announced it will take a more focused approach when it comes to metaverse experiences as part of its entertainment strategy. The company that owns the Playstation brand revealed that prior investments in Epic, makers of the Fortnite game, and Bungie, another gaming studio, are part of this new push. … Read more