Warner Music, Polygon and LGND.io partner to launch Web3 music platform
The platform LGND Music is set to officially launch in January 2023, and will also include dance record label Spinnin’ Records. Go to Source Powered by WPeMatico
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Animoca Brands secures majority stake in music metaverse gaming platform
Animoca wants to advance the music industry within Web3 and gaming through its latest partnership with Pixelynx. Go to Source Powered by WPeMatico
Metaverse comes in second place for Oxford’s word of the year
The term describing an internet-enabled virtual world lost to ‘Goblin mode’ in 2022 — “a type of behavior which is unapologetically self-indulgent, lazy, slovenly, or greedy.” Go to Source Powered by WPeMatico
Central bank plans to make CBDC ‘only legal digital tender’ in Indonesia, says gov
“Collaboration and synergy on national and international level is critical to the development of Digital Rupiah,” said Perry Warjiyo. Go to Source Powered by WPeMatico
Nifty News: Reddit NFT mints reach all-time high, EU’s $400K Metaverse party flops and more
With the record mint day for Reddit avatar NFTs, there are now around 4.4 million Reddit NFTs in circulation. Go to Source Powered by WPeMatico
Stellantis Owned Fiat Launches Metaverse Store Using Touchcast and Microsoft Tech
Fiat, an automotive brand property of Stellantis, has launched its first metaverse-based store, which the company claims is the first showroom of its kind. The experience, which was developed with tech supplied by Touchcast and Microsoft, aims to make the virtual process of reviewing a car more interactive. Fiat Introduces Metaverse-Based Store Fiat, an automotive … Read more
Korean VC Firm Daesung Private Equity Announces $83 Million Metaverse Fund
Daesung Private Equity, a Korean venture capital firm, has announced the launch of a metaverse fund of 110 billion won ($83.5 million). The fund, which will have the participation of the Korean state represented by Korea Venture Investment Corporation’s Korea Fund of Funds, aims to put investments into virtual reality (VR) and digital twins-related businesses. … Read more
Animoca creates billion-dollar metaverse fund for developers
The company’s co-founder announced that the fund is still in the works but plans to provide billions to startups with a metaverse focus. Go to Source Powered by WPeMatico
Firefox dev Mozilla goes all-in on metaverse, acquires Active Replica
The legacy web developer and internet browser Mozilla announced its acquisition of Active Replica as part of its Hubs creator ecosystem to enhance digital experiences. Go to Source Powered by WPeMatico
Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects
Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on returns for potential investors wanting to get more Web3-related capital exposure, will focus its activities on companies in the mid-to-late investment stages. Animoca Brands Plans … Read more
