Fidelity plans NFT marketplace and financial services in the Metaverse
Newly filed trademark applications outline a long list of possible avenues for the firm in the Metaverse. Go to Source Powered by WPeMatico
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Nifty News: Square Enix invests into NFT gaming firm, Beeple speaks on NFT art future and more…
Pokémon Company International has taken an Australian company to court over advertising an unlicensed NFT-based Pokémon game and HSBC has filed for a host of NFT and Metaverse trademarks. Go to Source Powered by WPeMatico
Samsung Is Investing More Than $35 Million in Latam-Focused Metaverse Initiatives
Samsung, the Korean electronics behemoth, has revealed it is currently investing more than $35 million dollars in metaverse initiatives for the Latam audience. The objective behind this move is to help the brand attract and connect with younger audiences, as part of its digital push and growth marketing strategy. Samsung’s Metaverse Push in Latam Many … Read more
Spain Will Provide 8 Million Euros in Grants to Develop Video Game and Metaverse Experiences
The Ministry of Culture and Sports of Spain has decided to direct 8 million euros ($8.5 million) toward the development of video games and narrative metaverse experiences. The program, part of the Spanish “Recovery, Transformation, and Resilience Plan” will give grants directed to incubate projects in these areas in 2023. Spain Directs 8 Million Euros … Read more
Current infrastructure can’t support the Metaverse, says Huawei report
Huawei’s Middle East region’s chief strategist outlined that networks have issues with throughput, rendering and download speeds that need solving. Go to Source Powered by WPeMatico
Animoca Brands is the most funded metaverse developer in 2022: Nasdaq
New data from Nasdaq research revealed that over the last investors were keener to back late-stage industry leaders such as Animoca Brands compared to early-stage startups. Go to Source Powered by WPeMatico
Meta Will Continue to Push Metaverse Investments in 2023 According to Head Of Reality Labs
Meta will continue to invest in VR (virtual reality) tech in 2023, according to statements made by Andrew Bosworth, head of Reality Labs, the metaverse division of the company. While Meta has made some changes and adapted to the current shaky economic atmosphere, Bosworth states that the company is still committed to its metaverse pivot. … Read more
One-third of singles are ready to date in the Metaverse: Survey
Data from a new survey from Dating.com says the metaverse can help propel dating into the future, especially as avatars become more reflective of users. Go to Source Powered by WPeMatico
Meta VR Consultant John Carmack Leaves Company; Criticizes Inefficiencies of VR and Metaverse Projects
John Carmack, the founder of renowned company ID Software and executive consultant on VR for Meta, has announced he is leaving Meta. Among the reasons for this departure, Carmack signals that there are inefficiencies and self-sabotage at Meta that have affected the work that the company is doing regarding its VR (virtual reality) and metaverse … Read more
Chinese Zhejiang Province Aims to Build a $28.7 Billion Metaverse Industry by 2025
Zhejiang, a coastal province of China, has presented a metaverse development plan that seeks to build a metaverse hub in its territory. The plan aims to entice the creation of a $28.7 billion metaverse industry and construct an ecosystem of several companies integrating this tech as part of its operations by 2025. Zhejiang Presents Metaverse … Read more
