Metaverse Division – DIGIT INFO

Metaverse division’s $4B loss drags on positive first quarter for Meta

DIGIT — Thu, 27 Apr 2023 00:11:16 +0000

Zuckerberg expects Reality Labs operating losses to increase year-over-year in 2023.

Sotheby’s to Auction 3AC’s NFT Collection, Including Larva Labs’ Zombie Punk and Dmitri Cherniak’s ‘Golden Goose’

DIGIT — Thu, 20 Apr 2023 07:30:53 +0000

On Wednesday, Sotheby’s, one of the world’s largest brokers of fine and decorative art, announced its plans to auction a number of non-fungible token (NFT) assets that were previously owned by the now-defunct crypto hedge fund Three Arrows Capital (3AC). The auction, called the “Grails” NFT collection, will take place during Marquee Sale Week at […]

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Disney reportedly scraps its metaverse division

DIGIT — Tue, 28 Mar 2023 06:30:00 +0000

The metaverse division was initially created to work on new ways of engaging Disney’s audience.

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