Despite facing market challenges, the creator of the Bored Ape Yacht Club intends to continue concentrating on its Otherside metaverse project. According to a recent post on X (formerly Twitter) by Greg Solano, co-founder of Yuga Labs, the group behind
Executives behind Saudi Arabia megacity extended the Neom road show to China to attract investors amid speculation about the scope of the project. Neom officials were last week in Beijing, Shanghai, and Hong Kong shedding more light on the enigmatic megacity.
Meta, a leader in mixed-reality hardware, is now showing off its capabilities in VR software. To promote AR/VR services and apps, Meta Platforms announced that it would make its Quest headset operating system available to outside hardware manufacturers. Also read:
Indian company Metaverse911 launched a Metaverse Experience Center to offer industry leaders a new way to engage with immersive tech like virtual and augmented reality – both crucial to creating a vibrant digital ecosystem in the metaverse. Announcing the Center
The Elder Scrolls Online creative director Matt Firor says the metaverse is nothing new and people should stop pretending it’s an innovation. According to him, the gamers have been participating in connected virtual worlds for decades. Firor says the current
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
Saudi Arabia has cut back ambitions for its $500 billion real life metaverse project Neom, which is currently under construction in the country’s northwest, due to funding concerns. Originally, the government aimed to have about 1.5 million people living in
According to Technavio, the size of the global metaverse market is expected to increase by USD 1152.35 billion between 2023 and 2027. During the forecast period, the market is anticipated to grow at a CAGR of 40.06%. It is anticipated
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
The adoption of retail spaces in the metaverse is igniting creativity in architects who are also seeing growth opportunities that are missing in physical designs. As big brands are staking their claim in the metaverse, architects are enjoying the “freedom”
University students in Miami and India are holding lectures together, thanks to the metaverse, which allows them to make presentations in class using their avatars. The students engage with each other from their respective countries in a course that is
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
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