European metaverse funds have witnessed an unprecedented surge in assets due to the increasing hype surrounding AI stocks. The recent interest surrounding AI and the ensuing surge in tech stocks have benefited a group of asset managers, including Amundi and
Somnia Network, a layer one (L1) blockchain on Ethereum that connects metaverses, says it is looking to boost scalability and speed in virtual worlds following its launch on Wednesday. The platform is a project under the independent non-profit Virtual Society
With the support of Improbable, the Virtual Society Foundation seeks to accelerate the mass adoption of the metaverse. The Virtual Society Foundation (VSF) has announced its official launch today, signaling a significant turning point in the development of the digital
Forever Has Fallen, a metaverse Web3 game combining storytelling and monetization elements, has officially launched on the Unique Network. The launch of Forever Has Fallen (FHF), a web3 world that assigns players to the role of bounty hunters, is expected
Yuga Labs, the brainchild behind the Bored Ape Yacht Club NFT craze, recently allowed the public the first glimpse into its widely anticipated Otherside Metaverse. In a limited trial run, selected NFT holders were allowed in these virtual environments, resulting
London-based metaverse infrastructure startup Improbable is developing a technology that could host up to 40,000 people occupying a single virtual world at the same time. The tech works best for immersive metaverse experiences that attract large crowds, like sports matches,
Forbes expands its reach into the Sandbox metaverse by introducing a virtual area with a gallery, bar, and swimming pool. There are games and even a scavenger hunt for visitors to participate in. Founded in 1917, Forbes is a business
As 2023 draws to a close, the metaverse is a testament to human ingenuity and the relentless pursuit of technological advancement. This year, the industry witnessed the metaverse evolve from a buzzword into a multifaceted digital ecosystem, redefining interaction, work,
The emergence of metaverse casinos is ushering in immersive gaming experiences. Powered by blockchain technology and enhanced by Augmented Reality (AR) and Virtual Reality (VR), metaverse casinos are changing how people engage with casino games, blending the virtual and real
With the rise of virtual reality (VR), the metaverse has become a hot topic, offering a new frontier for various aspects of life, including shopping, entertainment, learning, and gaming. Facebook’s rebranding as Meta Platforms in recent times has further solidified
The Intellectual Property Office of the Philippines (IPOPHL) and the European Union Intellectual Property Office (EUIPO) are set to renew their Memorandum of Understanding (MOU) in 2024. This renewal, proposed during a meeting at EUIPO’s headquarters in Spain, marks a
Several U.S. states, including California and Texas, have taken decisive legal action against GS Partners. The company is accused of engaging in fraudulent investment schemes involving crypto assets. This case highlights the growing scrutiny of cryptocurrency operations and the steps
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