Instagram announced late Monday that it is shutting down its NFT feature. The decision, which came as shock to many in the non-fungible tokens community, means that creators will no longer be able to release and sell NFTs to the
A new survey conducted by Yahoo has sought to understand consumer expectations of the fast-growing metaverse scene. The study gleaned insights from the responses of 15,000 users in the APAC region, covering Australia, New Zealand, Japan, Taiwan, Hong Kong, and
Otherdeed non-fungible tokens (NFTs) from the Otherdeed Metaverse saw their monthly sales surpass $50 million for the first time since May 2022 and eventually settled at approximately $53 million. By testing such a metric, Otherdeed NFTs reached its second-highest monthly sale since
Some of Japan’s leading companies have joined forces to collaborate on a project dubbed the Metaverse Economic Zone. The venture will focus on creating an ‘open metaverse infrastructure’ through pillars such as interoperability, gamification, fintech and information communications technology (ICT).
Popular open-world gaming platform Roblox saw its stock pump this week, after fourth-quarter results were deemed better than expected. The VR project published Q4 results on Wednesday, revealing year-over-year growth of 21% when controlled for inflation. Even when uncontrolled, the
The Metaverse is one of the hottest marketing angles right now, so it’s hardly surprising to find that corporations and celebrities alike are attempting to exploit the sector this Valentine’s Day. In the run-up to this day of saintly romance,
Ethereum is the NFT blockchain by all-time sales volume. After a difficult period in the second half of 2022, Ethereum NFTs surpassed more than $700 million in monthly sales volume for the first time since May 2022. Ethereum NFT sales in January
Elon Musk said Wednesday he will step down from his role as Twitter CEO when he finds someone “foolish enough to take the job.” Also read: How To Check If You’re Shadow Banned on Twitter The statement came following a
Style.me, the industry-leading 3D fashion technology company, has launched a new innovative offering that enables designers to become metaverse-capable creators. In addition this latest step extends the company’s solutions into the world of digital fashion and NFTs. Moreover building on
Next Earth aim to usher in a new era of user-governed virtual worlds. Next Earth is a metaverse that uses blockchain technology to manage virtual land NFTs on a 1:1 replica with Earth. Users can buy, sell, and trade virtual
Valiant’s publishing output has been pretty modest of late three titles in January but they are going big in the digital space. That’s at least the message from a press release this week. Which announced the arrival of a NFT
Adidas Originals and Prada, two international brands renowned for their relentlessly progressive approach to innovation and originality, are bringing their third collaboration, the Adidas for Prada Re-Nylon collection boldly into the metaverse. MetaNews. Adidas for Prada re-source, an ambitious NFT
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