What’s crypto’s hottest play-to-earn, NFT-based pet game? If you guessed Axie Infinity, you’re right – but the Neopets Metaverse team wants to change that. At least, that’s the stated plan. The project, which launched last September, aims to bring the once-popular pet collecting game – which peaked in the early 2000s and has been on […]
Deutsche Bank initiated coverage of metaverse play Matterport with a buy rating, calling the company a leader in the digitization of the built world. The bank’s analysts led by Bhavin Shah started coverage on Tuesday with a price target of $14, implying a 46% upside from the recent close. Matterport’s technology platform enables customers to […]
“Guinness World Records has now approved that avatars are actually human, for the sake of the record, which is pretty interesting,” Adam De Cata, head of partnerships at Decentraland, told CoinDesk in an interview. “So yeah, we are going to beat the record, with ours being virtual and the previous being physical. We’re going to […]
Fidelity Investments has filed an application for a Metaverse ETF, aiming to track public companies with exposure to the blockchain-based network of three-dimensional, virtual realities. The Fidelity Metaverse ETF will track the Fidelity Metaverse Index, which tracks “the performance of a global universe of companies that develop, manufacture, distribute, or sell products or services related […]
“The Sandbox’s metaverse accelerator is a major expansion of our ongoing commitment to support the next generation of metaverse entrepreneurs,” Sebastien Borget, co-founder of The Sandbox, said in a press release. “With imagination, ideas and hard work, startups from all over the world can realize their visions and drive societal impact by creating more opportunities […]
Grayscale Investments, which manages the Grayscale DeFi Fund and Grayscale Digital Large Cap Fund, has added 25 digital assets, including tokens for a number of high-profile DeFi and metaverse protocols, to a list it keeps of potential investments, the company said in a Monday blog posting.
This episode is sponsored by Nexo, Abra and FTX US. Download this episode On this week’s “Long Reads Sunday,” NLW reads David Z. Morris’ “Meta Leans In to Tracking Your Emotions in the Metaverse.” See also: Who Writes the Story of the Metaverse? “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, […]
IRL. This acronym has become shorthand for the regular, offline human existence in which we all participate, a realm lying outside of that new digital alternative to which investors, entrepreneurs and media commentators are increasingly drawn: the metaverse. “In real life” evokes a place where our bodies are physically present, one in which we actually […]
As the idea of the metaverse — bringing together different gaming worlds and economies under one cohesive secured virtual umbrella — crystalizes in the collective consciousness of gamers, one of the best-known figures in the industry has come out against it.
“These patent applications indicate that Meta has not learned its lesson, having been accused previously of storing users’ biometric data without permission,” Emma Taylor, a technology analyst at GlobalData, said in a statement, responding to the report. “It is likely that the same issues surrounding data privacy from existing social media platforms will be extended, […]