Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest
The virtual real estate market is crashing despite a McKinsey report predicting a $5 trillion market by 2030. Go to Source Powered by WPeMatico
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The virtual real estate market is crashing despite a McKinsey report predicting a $5 trillion market by 2030. Go to Source Powered by WPeMatico
The first day of the main stage event included a keynote presentation from Ethereum’s Vitalik Buterin, 1inch Network’s Sergej Kunz, and Klaytn Foundation’s Sam Seo. Go to Source Powered by WPeMatico
“Even though it’s hard, adapting Web3 technologies to Web2 platforms could be a way to bring mass adoption,” says Klaytn Foundation director Sam Seo. Go to Source Powered by WPeMatico
From ominous speculation about the potential economic fallout of military conflict between Taiwan and China, to markets being flooded with designer watches in the wake of a crypto downturn, to warnings of worse bear markets and soccer franchises pushing forward in the realm of metaverse ambitions, there’s once again never a dull moment in the … Read more
One year isn’t enough time to witness many fundamental changes, but five years is just enough for everything to change. Go to Source Powered by WPeMatico
Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge of the deal. Meta to Issue … Read more
In a blog post called “Introducing Digital Collectibles to Showcase NFTs on Instagram,” the parent company of Facebook, Meta, announced the company has started an “international expansion to 100 countries.” The company also revealed integrations with specific Web3 wallets that support the Ethereum, Polygon, and Flow blockchains. Instagram’s NFT Support Will Connect With Third Party … Read more
Brands have the potential to make the Metaverse more women-friendly by focusing on beautiful aesthetics, accessibility and education. Go to Source Powered by WPeMatico
Disappointing financial results have seen Tinder lay off its current CEO, slash funding to metaverse development, and ditch plans for its virtual currency Tinder Coins. Go to Source Powered by WPeMatico
Socios.com, a company dedicated to the development of fan engagement tokens for sports organizations, has revealed that it will invest $100 million in the digital business of soccer team FC Barcelona, Barca Studios. The investment will give Socios.com 24.5% of the stake in the digital division of the club and will allow it to reshape … Read more