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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, 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
Billions of dollars have been poured into Meta’s virtual world with little return on investment, but CEO Mark Zuckerberg says he is holding fast. Go to Source Powered by WPeMatico
BMW and Porsche have both recently ramped up their own Web3 plays, while Baby Shark is dipping into the blockchain gaming sector, but just for kids. Go to Source Powered by WPeMatico
Despite Facebook’s new name, focus and billions in investment, the metaverse will emerge drastically different from its vision. Go to Source Powered by WPeMatico
As the metaverse becomes a place to hang out, more large-scale events will pop up to entice users into digital reality. Go to Source Powered by WPeMatico
Cybercriminals will flock to the Metaverse next year to prey on unsuspecting virtual world participants according to a report by cybersecurity firm Kaspersky. Go to Source Powered by WPeMatico
Those looking to earn passive income in the metaverse have several available options, but how profitable and durable these are isn’t yet clear. Go to Source Powered by WPeMatico
Entertainment and electronics giant Sony has recently completed the acquisition of Beyond Sports, a company specializing in using real-world data to produce 3D animation. With this purchase, the company is now reportedly able to offer a full metaverse experience for sports matches, complete with tech from other companies already in its portfolio. Sony’s Beyond Sports … Read more
Deloitte estimates the metaverse could add $1.4 trillion to Asia’s GDP annually by 2035. Noting that the metaverse market could be as large as $13 trillion by 2030, the global financial services firm said: “The metaverse is no longer science fiction. Early metaverse platforms are already being used by millions.” Deloitte’s Metaverse Study A new … Read more