Metaverse

Metaverse was one of the trendiest terms in 2021, especially after Facebook rebranded itself as “Meta.” As the New Year unfolds, we can expect its buzz to expand and take the world by storm. Nevertheless, the idea of Metaverse is still a little cloudy for many. So we are here to decode it for you. Metaverse and the Buzz Metaverse Group, an NFT-based metaverse real estate company, recently purchased a parcel of virtual land for $2.43 million. Suddenly, everyone was…

Samsung has unveiled ambitious plans for 2022 - with NFTs front and centre! Besides the updated TV hardware, the company also announced a New Smart Hub and other apps for improved user experience. The New Smart Hub will have several new features that will bring its users closer to the Metaverse. One of the features is a groundbreaking NFT Platform that will support  NFT trading on the new Smart TVs. This application features an intuitive, integrated platform for discovering, purchasing and…

The Metaverse topic has gained tremendous popularity throughout 2021, and this trend is not expected to stop in 2022. The market is convinced of this prediction, as companies like Facebook Meta Platforms Inc. or Microsoft are making significant investments in this sector. In light of this, the popularity of the Metaverse is expected to have significant repercussions on blockchain in 2022. Apart from the large companies mentioned, the new year will likely see new developers' birth of exciting projects. This…

Those who still are sceptical about the potentials of blockchain technology in the gaming industry will probably be convinced by the last outstanding business numbers. As a report by Blockchain Game Alliance (BGA) point out, only in Q3 2021 did NFT games managed to generate $2.3 billion in revenue. This impressive number amounts to more than 20% of the whole NFT trading volume across all the industries in the report. One could easily simplify this number, saying that one every…

ETF issuer ProShares released its first exchange-traded fund focused on the metaverse. ProShares, the company behind the first U.S. Bitcoin ETF, now plans to release an ETF focused on tracking metaverse stocks. The issuer, which has over $65 billion under management, filed a request with the Securities and Exchange Commission. The ProShares Metaverse Theme ETF will track the Solactive Metaverse Theme Index and a stock index focused on the metaverse. The request will track companies providing or using metaverse tech, including…

The Metaverse is perhaps one of the most interesting trends to follow in the crypto universe for 2022. Many may view this sector with skepticism, and it was the same with Bitcoin. However, virtual reality is about to reach a whole new level.  As with any innovation in our economy, those who want to take advantage of this opportunity must have money, courage, and foresight. But, if today it seems normal for a business to have its website (and, indeed,…

With 2 billion users, Instagram is a true social media giant. Now, the platform wants to introduce its massive audience to NFTs. Instagram's CEO Adam Mosseri confirmed that the social media platform was working to integrate NFTs. In a Sunday Q&A, Mosseri answered an essential question about NFTs. The CEO confirmed that they are "actively exploring NFTs" and looking to make them more accessible. Nothing to announce yet but we are definitely actively exploring NFTs and how we can make…

Solice, a Solana-based 3D Metaverse, has successfully closed $4.36 million in a seed and private sale led by Three Arrows Capital, Animoca Brands and Defiance Capital. Solice’s vision is to offer a deeply immersive Metaverse in which users can play, build, own, socialize, and monetize their virtual experiences across multiple platforms.  Additional backers and partners in the round include Alameda Research, Solanium Ventures, Skyvision Capital, Jump Capital, Genblock Capital, Kucoin Labs, Solar Eco Fund, CMS Holdings, Maven Capital, A41 Ventures,…

Small and medium Chinese investors are "licking the blood on the edge of a knife," when investing in the Metaverse. At least that is what a report in a Chinese state-owned paper claims. Since Mark Zuckerberg announced that Facebook will be rebranding into Meta Platforms, companies have been racing to claim the space. The Metaverse will be a digital space where users can interact with each other and their virtual environment. The tech could revolutionize the way we work, travel…