Metaverse April 26, 2022

Standard Chartered acquires metaverse land

Published

3 weeks ago

April 26, 2022

Standard Chartered, a British multinational banking and financial services organization, has become the latest large corporation to invest in the metaverse by purchasing virtual land.

A Hong Kong-based affiliate of the London-based banking institution has purchased a virtual property in The Sandbox, a decentralized metaverse platform known as Mega City.

SC Ventures, Standard Chartered’s venture capital arm, led the deal, with the purpose of providing clients with new virtual experiences.

The phrase “metaverse” refers to virtual worlds accessed by virtual or augmented reality headsets, which have been dubbed “the new Internet.”

“Through the utilization of immersive technology, the metaverse is a vision of the next phase of the Internet’s evolution, bringing new opportunities and unique experiences,” said Mary Huen, managing director of Standard Chartered Hong Kong.

“Our participation in the metaverse allows us to reinvent our relationship with current and potential consumers, as well as our approach to improving customer experiences, on this new platform.” “Having bought virtual land in Mega City fits well with our goal to continue to enhance our physical and virtual presence in Hong Kong.”

“Over the past few years, we have established business models in crypto, digital assets, and see the advent of the metaverse as a vital stage in the evolution of Web3,” said Alex Manson, CEO of SC Ventures.

Since Facebook rebranded as Meta in October of last year, corporate interest in the metaverse has exploded. This has resulted in a rise in job postings for metaverse-related positions.

Standard Chartered has joined the list of companies that have purchased virtual assets in The Sandbox, including HSBC, JP Morgan, and Adidas.

According to a research provided by the Centre for Finance, Technology, and Entrepreneurship, virtual land transactions in The Sandbox totaled £267 million last year, with £84.2 million spent on Decentraland, the second largest metaverse platform.

For MetaNews.

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Jonathan Hobbs is an Australian investor and author that trades on a variety of asset classes, including currencies, equities, and commodities. Jonathan’s experience as a macro trader leverages his unique writing style to combine important elements, such as technical analysis and news. The other elements that he brings into his unique writing styles are foundation analysis aimed at rational equilibrium values, evaluating the sizes and motivations of buyers and sellers, as well as identifying the needs of the buyers and sellers in the individual markets. Jonathan is committed to quality writing for new traders as well as veterans.

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Metaverse

My Neighbor Alice, A New Game From a Great Design Company

Published

4 hours ago

May 19, 2022

Billy Houghton

My Neighbor Alice, which is a Multiplayer-Builder game based on references to another popular game called Animal Crossing. MNA gives players the ability to own their very own virtual islands in the Gameworld, but also they can create weapons for defense of the islands they own. Players are represented in the world and on their islands by avatars, as it is with most games on the Metaverse or with the Metaverse itself. Their is a farming and survival mechanic also, which is heavily inspired by the Animal Crossing game, which has become highly popular in its own right. In the main article we will be examining the scope and mechanics of the game.

The Game Itself

My Neighbor Alice was developed by the company called Antler Interactive. AI is in fact one of the world’s most acclaimed gaming studios, and has been reviewed by many professionals. The design company is know for mixing reality bending mechanics with realism to create games that are very immersive. Gaming technology has made it possible for games like My Neighbor Alice to be as impressive as it is, and the gameplay is top-notch.

In the game, players can build various objects on their very own islands, can use these items for use in decorations and commerce in which they can earn the native token. Also, there are over a dozen catalogues of houses, animals, groceries, and wearable NFTs that can outfit the players avatars.

The other parts of the game that have yet to be released may include….

“My Neighbor Alice relied on ALICE coin, an in-game currency that token holders could use to invest and interact in the Alice realm. Coins can be exchanged for in-game objects and bets, as well as for play-to-earn rewards.” –Informe Review

MetaNews is your number one resource for information on the Metaverse and the markets. We deliver the relevant news, every day. Don’t forget to check us out on Twitter! @metanews_com. Our staff of expert researchers and copywriters are dedicated to bringing you the latest, most relevant information from all over the Metaverse and its affiliated properties. From commerce and finance, to technology and interconnectivity, MetaNews produces well researched, accurately sourced articles on a daily basis.

Metaverse

Chain of Alliance: A Metaverse role Playing Game of the Year

Published

5 hours ago

May 19, 2022

Billy Houghton

Chain of Alliance, which has risen to a height of popularity that has drawn over 10,000 players to its servers. This game is a role-playing game with both strategy and puzzle elements included. It is also a heavily fantasy/science fiction built game that includes NFT sales and trade. Players, along with a loyal party of other players, are encouraged to go on fantastic adventurers, fight rival factions or competing AI-controlled monsters for loot. You can also gain experience points which enable you to further enhance and develop avatars. Character NFTs, for example, are unique items that can be assigned to the players character for added customization. In the main article, we will be looking at the details that make this game a great addition to the Metaverse landscape.

The Game Itself

In the game, players can engage their customized characters in varying kinds of player vs. player combat. Other Game Modes are also available, but all of them enable players to progress within the game at a steady pace. Upon release, the game will feature a turn-based, strategy and tactics centered game mode. However, developers have pledged to add more game modes in subsequent updates.

A good portion of the parcels within Chain of Alliance platform is owned b the player-base and not by the devs. After release, the developers will begin assembling data that will help them improve the game and make the native token as challenging, but fun, to acquire. This is so that the game never loses its ability to engage and inspire players to keep playing and earning.

The other parts of the game that have yet to be released may include….

“Chain of Alliance is a fully on-chain role-playing and strategy game in a fantasy/science fiction setting with NFTs. Join a party of adventurers and combat other players’ parties or AI-controlled monsters. Loot and get XP to enhance and develop your individual heroes!” –Informer Review

Metaverse

Krystopia is a Puzzle Game for Metaverse That Bends Minds

Published

13 hours ago

May 19, 2022

Billy Houghton

Krystopia, a 3D Metaverse game designed to entertain through mechanics that are well established in other games, is a game that takes place in 4 “chapters” or stages. Each of these chapters is possible to play as a complete and stand-alone game. The player’s progress is tracked by numbering the items that they collect, which increases your completion percentage. Players must solve and complete all of the available puzzles central to the game to be allowed to keep going. Players are allowed to go back and finish progress after they have completed a stage without collecting all the items. In the main article, we are going to examine some of the things that make this game fun and unique.

What Makes it Special

Krystopia is, at its core, a puzzle-solver/adventure game coupled with a relatively intriguing storyline that players can explore as they go along. In the beginning of the game, the user is introduced to the gameplay and mechanics with simple puzzles. Level 1 is composed of basically two puzzles that allow you to open the door which is locked. After the lock opens, the player can then progress into the next chapters.

As the game becomes more difficult, you are enabled to find more things and gain more points. the difficulty is progressive and scalable, keeping the users engaged and on the verge of not being able to solve the problems. Some of the problems and puzzles are extremely difficult and cannot be easily passed with some effort.

The other parts of the game that have yet to be released may include….

“You will be confronted with many puzzles to solve along the way, and here is where I had a mixed experience. While various types of puzzles are included, such as uncovering key cards to access important areas, figuring out the proper combination to different locks.” –Adventure Games Review