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
The Saudi Ministry of Culture unveiled a national “metaverse” platform featuring cultural attractions and live events, accessible via Mobile XR on various devices, merging cultural heritage with digital developments. The Metaverse program was launched by the Saudi Ministry of Culture
Studio369 is launching MetalCore, a PvP mech game with Web3, entering closed beta for “Call to Arms,” designed by Stephan Martiniere, aiming for fun gameplay. As the team gets ready for the game’s next development, Studio 369, a gaming studio
Ben James, the CEO of Atlas, says on The Agenda that generative AI might support the expansion of Web3 gaming and allow independent companies to make games on a tight budget. Artificial intelligence (AI) has become one of the hottest
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
Yuga Labs announced on Feb. 16 that it had acquired PROOF, which includes the PROOF collective, Moonbirds, Oddities, and the Grails exhibition series. Yuga Labs, the leading web3 lifestyle and media company, has purchased PROOF, which includes the PROOF Collective,
The Indonesian elections are scheduled for this Wednesday, Feb. 14, and candidates are utilizing innovative approaches to capture the interest of the nation’s expanding Generation Z voters. Indonesian citizens will be casting their ballots on Wednesday, Feb. 14. Presidential candidates
The Overwatch Champions Series has banned teams from having sponsors related to cryptocurrencies, NFTs, and AI following the collapse of the previous Overwatch League. The rulebook, revealed by ESL Faceit Group, aims for a cleaner esports environment. Team sponsorship regulations
In 2023, web3 apps soared 124%, with blockchain gaming leading the way at 34% dominance. Non-fungible tokens (NFTs) and decentralized finance (DeFi) also surged, reaching $103 billion in TVL. According to a Jan. 11 study from blockchain analytics company DappRadar,
Tune.FM, with its headquarters in San Francisco, a web3 decentralized music streaming platform, has secured USD 20 million in funding from global investment group LDA Capital. Web3 music platform Tune.FM raised $20 million in funding from alternative investment group LDA
As we approach the end of 2023, the web3 ecosystem continues to evolve, marked by significant developments and emerging trends. One of the most prominent trends of 2023 has been the significant shift in the web3 gaming sector. Moving beyond
The Ministry of Science and Technology in China has introduced a web3 strategy that embraces the development of new business models, focusing on non-fungible tokens (NFTs). Despite China’s ban on cryptocurrencies, this strategy underscores the government’s responsibility to the web3
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