The Metaverse is a $1T opportunity after users increase 10X: Grayscale report
According to a new report from Grayscale, the rate of active Metaverse users increased by 10X between the start of 2020 and June 2021. Go to Source Powered by WPeMatico
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Number of Africa-Based Users on Kucoin Platform Surge by 200% in First 10 Months of 2021
Despite largely lagging behind the rest of the world on many other metrics, Africa however appears to have taken the lead where cryptocurrency or the blockchain is concerned. Africa-Based Kucoin Users Skyrocket in 2021 In African countries that are plagued by currency woes or hyperinflation, cryptocurrencies have emerged as a genuine alternative store of value. … Read more
Sandbox token SAND rallies 260% in November ahead of play-to-earn metaverse launch
Nevertheless, signs of bearish divergence between SAND’s price and momentum may hamper its ongoing upside momentum. Go to Source Powered by WPeMatico
Valued at $9B, Pokemon Go creator to build metaverse with fresh funding
Prominent crypto investors like Chainalysis and Coatue have invested $300 million in Niantic’s metaverse project. Go to Source Powered by WPeMatico
Total crypto market cap drops by 6.7%, but futures data finds a silver lining
Metaverse, gaming and incentive-offering DeFi tokens pumped last week even as Bitcoin and the total crypto market capitalization dropped. Here’s why. Go to Source Powered by WPeMatico
Gaming crypto GALA rallies nearly 350% in November — Correction ahead?
The incredible price rally appeared in line with a bull run across gaming and metaverse tokens. Go to Source Powered by WPeMatico
Kucoin Labs Launches $100 Million Metaverse Investment Fund
Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include direct involvement with the projects selected, including counseling about branding and marketing. Kucoin Invests … Read more
$400M funding round to help Gemini build in the decentralized Metaverse
The Winklevoss twins have big plans for a Gemini future in different Metaverses as they go head to head with archrival Meta. Go to Source Powered by WPeMatico
Time Magazine will hold ETH as part of Galaxy Digital partnership to support metaverse newsletter
Mike Novogratz said the partnership was part of a move to “bring readers, creators, and the curious into the metaverse.” Go to Source Powered by WPeMatico
South Korea embraces the proto-Metaverse
South Koreas will be immersed in the Metaverse sooner than later, as industries and public services begin rolling out virtual avatars and applications across the country. Go to Source Powered by WPeMatico