In China, the best company to benefit from the metaverse is clearly Tencent. Over 1.26 billion people in China use Tencent’s WeChat application, while Meta’s Facebook and Instagram platforms dominate worldwide social media. Tencent also outperforms Meta in terms of mobile
Touted as the ‘next internet’, hype around the virtual world of the metaverse continues to grow, with costly purchases of online ‘land’. Asian brand consultancy Square44 is among the latest investors. After establishing a new division and office in the
The Brooklyn Nets have officially become the first professional sports team to enter the Metaverse. Dubbed the “Netaverse,” the NBA team debuted a new innovative video system over the weekend that develops 3D lifelike renderings in a matter of seconds.
Microsoft Corp. plans to acquire Activision Blizzard Inc. in its largest deal yet as it looks to boost its gaming business and capture opportunities in the metaverse. The technology behemoth said on Tuesday that it would buy the videogame publisher
HS2 is planning to fit trains, power lines and bridges with thousands of sensors These sensors will relay data via 5G on any issues with the HS2 line in real-time Workers will be able detect issues on the line from
The creative agency in New York Harper and Scott, that has developed a number of notable merchandise lines and private retail goods, has announced a new digital-focused division in its company, H+S Meta. MetaNews. The virtual extension of the business
Amidst Chinese government warnings about cryptos, NFTs, and the Metaverse, Wuhan City joins a growing list of Chinese cities and provinces to go Metaverse. Metaverse interest in China spikes in spite of government warnings Despite persistent government warnings, we reported
Enthusiasm around meme stocks has eased for young investors a year on from the GameStop trading frenzy. With Gen Z attention shifting to companies in areas like electric vehicles and the metaverse, according to a report released on Friday. According
ASRV released 60 NFTs of a luxury jacket as part of its winter clothing release. They sold out in less than 30 minutes. The company joins the likes of Nike and Adidas in betting on the metaverse as the future
Walmart appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of non-fungible tokens, or NFTs. Walmart filed several new trademarks that indicate its intent to make and sell virtual goods Late this month,
In a new blog post, WaxDynasty.com, a website dedicated to news regarding the Worldwide Asset eXchange (WAX) coin and other metaverse coins, addressed the possibility of a Disney Metaverse. Disney has stated that they have no plans to launch a
One World Universe, Inc., a publicly traded company that invests in sports related businesses, distressed assets, business opportunities within emerging industries and providing humanitarian efforts in over 185 countries, through its subsidiary Metaverse Holding Corp., will be purchasing 3 connecting
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