Modhaus, an entertainment start up company which aims to build an “Open architecture ecosystem” in the K-pop market by using NFT and blockchain technology,has announced an exclusive partnership with The Sandbox.
As part of the agreement, the partners will establish a social hub featuring events hosted in the metaverse to boost fan interaction with the blockchain-supported K-pop band. Along with that, the K-pop label will produce tripleS NFTs that are officially licensed, including avatars, wear
PlayEmber, a Web3 gaming monetization platform, received $2.3 million as a result of a pre-seed round headed by Shima Capital. Big Brain Holdings, Hyperithm, Warburg Serres, Lyrik Ventures, and Huobi Ventures are other investors in the round, the business said in a press release.
PlayEmber aims to make it easier for game advertising revenues to transfer from the web2 industry to the web3 through a Unity-based software development kit that provides a distinctive monetization strategy.
The software and computing behemoth Microsoft is attempting to metaverse-ify a portion of its software service stack. Ihsan Anabtawi, CMO of Microsoft UAE, declared that the company was working to make its cloud division compatible with metaverse experiences, and to allow companies to use the data obtained as resources for their specific applications.
Microsoft’s Activities in the Metaverse
Microsoft, one of the largest software companies in the world, stands as businesses that concentrate on
In its Facebook Reality Labs (FRL) business, which includes its augmented and virtual reality operations, Meta Platforms (FB) reported third-quarter sales of only $285 million, according to its earnings report released Wednesday. That was down from $452 million in the second quarter and far less than the $406 million consensus expert projection.
Overall, FRL accounted for a loss of $3.7 billion in the quarter, up from a loss of $2.8 billion in the second quarter.
Additionally, the business sta
According to Microsoft Cloud's chief operating officer in the UAE, the metaverse will have an impact on every sector of the economy, including manufacturing, transportation, and healthcare.
Microsoft's COO for the UAE, Ihsan Anbatawi, revealed a number of products to bring to life the software giant’s vision of the Metaverse.
In order to let people connect in a hybrid world, Microsoft views the metaverse through presence and connection in any location. The company wants to engage its customers
One of the first businesses to produce consumer-grade mobile phone systems, Nokia currently thinks that the metaverse will lead to a decline in the use of phones. Users will be able to engage in a variety of interactions through these metaverse experiences, which will be enabled by the usage of virtual reality (VR) headsets and augmented reality glasses. Additionally, industrial use will also be significant.
The metaverse is expected to bring the fall of the current mobile phone trend, accordi
Will Wright, the creator of SimCity and the original Sims, has not created a major video game since 2008's Spore. However, he's back in 2022, working on something called VOXVerse.
It is a social game where you can mine stuff, build stuff, and interact with other players. Additionally, each character is a voxel-based squat character. There’ll also be real estate that you buy and own, and I think you can see where this is going.
The proposal meets all the criteria for something that ought to hav
After the hype of 2021 caused the value of metaverse lands ballon to astronomical heights, these land’s value has drastically fallen.
Only one of the top 10 crypto assets in this sector has experienced a positive performance over the past 30 days, suggesting that investors are losing interest in Metaverse - related tokens.
Data from CryptoSlate show that the ApeCoin (APE) associated with Bored Apes has lost 26.42% of its value over the past 30 days. It has dropped 7.84% and is currently tradin
The Canadian company is focused on multichain R&D and blockchain gaming, which is a growing industry that’s expected to achieve multi-billion-dollar valuations.
As part of its expansion plans, Canadian Web3 infrastructure provider ChainSafe has raised $18.75 million from industry venture firms, providing the company with the resources necessary to expand operations at a time when blockchain infrastructure and gaming services are in high demand.
Venture capital company Round13 served as the rou