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In 2022, African blockchain businesses raised a total of $474 million, a 429% increase from what was raised in the year earlier, the latest CVVC African blockchain funding report has revealed. The custody and exchanges category raised over $250 million, which is equivalent to more than 50% of funds raised by blockchain companies. South Africa … Read more
According to Quaison Carter, the co-founder and CMO of the location-based NFT platform Lostworlds, non-fungible tokens (NFTs) are still not widely used due to what he called “user friction.” Carter, however, insists that the value of NFTs will persist for “as long as there are communities willing to use them.” The Role Played by PFP … Read more
Now only allowing users from 18, Meta also wants to open up its metaverse app Horizon Worlds to users aged 13 and 17. Go to Source Powered by WPeMatico
The second edition of Metaverse Fashion Week came with a few technical hiccups — and featured a line-up of big brands, from Dundas to Adidas and HBO. Go to Source Powered by WPeMatico
Despite turbulent times for Meta in terms of metaverse development, sources close to the company say its metaverse programmers are paid up to $1 million for their work. Go to Source Powered by WPeMatico
Known as state compression, the technology promises to drastically reduce the cost of on-chain storage. Go to Source Powered by WPeMatico
During Metaverse Fashion Week 2023, the augmented reality platform Over projected a larger-than-life virtual catwalk over one of Milan’s most prominent locations. Go to Source Powered by WPeMatico
The experience will allow fans to connect with Días and experience training techniques and coaching tips in virtual reality. Go to Source Powered by WPeMatico
With Daniel Alegre on board, Yuga Labs is expected to ramp up its metaverse efforts. Previously, he held leadership positions at Google, Activision Blizzard, and Bertelsmann. Go to Source Powered by WPeMatico
According to Dirk Lueth, co-founder of the Upland Metaverse, the colonization of the metaverse by tech giants and the building of so-called “walled garden systems” is not sustainable. Lueth argues that instead of “locking users in,” the metaverse should usher in “a future where they are free to move between platforms and can easily take … Read more
