Metaverse

METAVSUMMIT is an event that caters to companies in the Web 3.0 industry, including those involved in Blockchain, Metaverse, and NFTs. Its main aim is to provide a platform for companies and investors to network and form lasting business…
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Microsoft Corp. has reduced its workforce in the divisions responsible for creating its Surface devices, Xbox gaming console, and metaverse products, according to reports. Sources familiar with the matter reported to Bloomberg today that…
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The developers of Shiba Inu highlighted that Shibarium is being built to provide a tool to allow the community to build and grow the project. Shibarium is a layer-2 network that will run on top of the Ethereum mainnet. It will increase…
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CoinWire, in its new survey, established that user sentiment towards the metaverse has digital reality poised to influence all areas of social life. It said 69% of respondents believe that the metaverse will reshape their social lifestyle…
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Film3 is a product of Web3 and has been gaining ground in the film and entertainment industry. Director Miguel Faus’s film Calladita was named the winner of the Andrews/Bernard Award in Park City, Utah – US on Saturday. Faus said the award…
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The Chinese Virtual Reality (VR) sector has entered a new period of explosive growth. Its VR funding more than doubled in 2021 despite the coronavirus pandemic. Funding, merger and acquisition volume in China’s VR and augmented reality (AR)…
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Farcana, a blockchain metaverse project that is fully utilizing the Unreal Engine 5 to bring gamers a new intergalactic gaming experience, was one of the participants at the AIBC Europe Summit. Ilman Shazhaev, CEO of Farcana, was one of the…
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Bears have taken over the crypto market as well as the Metaverse and NFT-related cryptocurrencies because of the hawkish US Federal Reserve’s 50 basis point hike. Over the past week, the bearish approach has wiped out about $62 billion from…
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American multinational financial services firm Fidelity Investments is seeking trademarks for a host of Web3 products and services, including the NFT marketplace. The firm submitted three trademark filings to the US Patent Trademark Office…
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Huawei, the Chinese telecom giant, believes that the current infrastructure is not enough to cope with the growing needs of the Metaverse. It says 5G and 6G networks might be able to meet its demands. Abhinav Purohit, Huawei’s Middle East…
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