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
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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
VR Metaverse comes closer to reality as Meta previews haptic gloves
Meta says the VR gloves rely on haptic rendering to send “precise instructions to the actuators on the hand,” and outlined a vision where people’s sensations match what they are doing in the Metaverse. Go to Source Powered by WPeMatico
Metaverse gaming tokens Ethverse and Axie Infinity avoid crypto downtrend
Metaverse gaming tokens, including Sandbox’s SAND and Axie Infinity’s AXS, have bucked the downtrend in Bitcoin and Ethereum. Go to Source Powered by WPeMatico
KuCoin Labs Launches $100 Million Venture Capital Fund To Empower Early-Stage Metaverse Projects
The world’s sixth-largest cryptocurrency exchange by volume is making its move into the metaverse. Go to Source Powered by WPeMatico
