Metaverse - Optimisus

A new survey by PayPal found that 56% of metaverse users plan to increase their use of crypto over the next five years.

4 months ago 1 min read

PayPal Survey Shows 80% of Metaverse Participants Utilize Crypto for Transactions

A new survey by PayPal found that 56% of metaverse users plan to increase their use of crypto over the next five years. The survey, which was conducted in late 2022 and included 10,000 adults active in the metaverse, also found that 80% of metaverse users currently use crypto, while 97% of metaverse users hold coins. The survey defined the metaverse as “a virtual space where users can act through an avatar and interact with each other and with a computer-generated environment.” It also cites both Meta and Roblox as metaverse companies. The survey found that the most popular crypto

4 months ago 1 min read

China’s Zhengzhou Unveils Metaverse Development Strategy

The Chinese city of Zhengzhou has announced a series of policy proposals to support the development of the metaverse industry in the region. The plan includes a dedicated fund worth 10 billion yuan ($1.42 billion) to foster growth and development in the industry. The plan also includes a number of incentives for metaverse companies, such as startup capital investments, rent subsidies, and cash rewards for companies that list on China’s primary stock exchanges. The Zhengzhou government believes that the metaverse has the potential to become a major economic driver for the city. The plan aims to make Zhengzhou a leading

Is metaverse dead? It's too early to say for sure

4 months ago 2 mins read

Is the Metaverse Dead?

The metaverse has been a hot topic of discussion in recent years, with some people heralding it as the next big thing and others dismissing it as a fad. So, is the metaverse dead? It’s too early to say for sure. The metaverse is still in its early stages of development, and it’s not yet clear what form it will ultimately take. However, there are a number of factors that suggest that the metaverse may not be dead after all. First, there is a lot of interest in the metaverse from both businesses and consumers. A recent survey found that

Web3 and Early Marvel Days Share Same Creative Energy, Says Marvel Studios Founder

5 months ago 1 min read

Marvel Studios Founder Compares Web3 to Early Marvel Days in Creative Terms

David Maisel, the visionary behind the Marvel Cinematic Universe, recently spoke at the Consensus 2023 festival in Austin, Texas, about how the early days of Marvel Studios remind him of the early days of Web3. Maisel, who recently launched Mythos Studios, which created the Ekos Genesis Art Collection, believes that art can cut through the noise and distractions of our modern lives and create a visual identity and primal feeling for something new. The Ekos Genesis Art Collection features original art from late comic book artist Michael Turner and Peter Steigerwald, who are known for their work across Marvel and

OKX has launched a metaverse with Manchester City captain İlkay Gündoğan.

5 months ago 1 min read

OKX and Manchester City’s İlkay Gündoğan Team Up to Launch Football Masterclass in the Metaverse

OKX crypto exchange has launched an immersive metaverse experience, “Make Your Play,” in which fans can attend a tactical football masterclass from Manchester City captain İlkay Gündoğan. As a renowned football coach, İlkay will guide fans through pre-planned drills and explain his in-game decision-making processes within the OKX Collective metaverse. The OKX Collective metaverse is a virtual environment that provides an interactive Web3 experience for fans and special access to exclusive content from Manchester City players, including Alex Greenwood, İlkay Gündoğan, Jack Grealish, and Rúben Dias. The virtual environment also includes NFT-based digital experiences, music, and competitions, where fans can

5 months ago 1 min read

Santos FC Token Ventures into Gaming Space with New Partnership

Santos FC, one of Brazil’s top football clubs, has announced that it will extend the use of its fan token to a Web3 and metaverse-enabled “gaming environment.” The Santos Fan Token, or SANTOS, was launched in late 2021 and is now set to partner with TOPGOAL and Binance’s fan token arm. According to an official release from TOPGOAL and a report from Livecoins, the partnership will allow for the “joint development of a Football Meta Club and Footballcraft,” which is a “virtual football world” that features “x12” time acceleration. The developers claim that this is similar to The Sandbox and

UK Sets Up Department to Spearhead Metaverse and Web3 Plans

5 months ago 1 min read

UK Creates New Tech Department to Develop Metaverse and Web3 Strategy

The U.K.’s recently formed Department of Science, Innovation and Technology is set to lead the country’s metaverse and Web3 strategy, according to an unnamed source familiar with the matter. The department’s work will focus on potential economic growth opportunities, investment, and business models associated with concepts like the metaverse and Web3, along with their implications for regulation. The move comes after the U.K. government’s 2023 Spring Budget stated its intentions to “lead on the future of web technology,” with the new tech department set up in February to spearhead the initiative. While investment bank Citigroup values the metaverse at $13

Shiba Inu (SHIB) developers have announced that Shiba's Metaverse project is set to open by December 2023.

5 months ago 1 min read

Shiba Inu’s Metaverse Set to Unleash by End of 2023, Developers Confirm

Shiba Inu (SHIB) developers have announced that Shiba’s Metaverse project is set to open by December 2023. This exciting development will expand the utility of the SHIB ecosystem, allowing users to explore, build, design, play and develop within this fantastic world. The MV team is confident that users will have the opportunity to explore some of the areas of the Metaverse by the end of 2023. However, it should be noted that this is an ongoing project, and not all areas of the Metaverse will be fully completed. The Metaverse will feature 100,595 plots of land that users can mint

The Sandbox has announced over 40 partnerships to try and jumpstart

6 months ago 1 min read

Is the Future of Sandbox (SAND) in Doubt as Metaverse Hype Dies Down?

The price of Sandbox (SAND) has been struggling to stay above $0.65 since March 24. With decreasing daily active users and a sell-off by crypto whales, the SAND price could drop further. As the hype around virtual worlds and metaverse projects fades, The Sandbox has announced over 40 partnerships to try and jumpstart its upcoming Mega City 3 launch later this month. However, the inconsistent daily active users on the platform have been a hindrance to the resurgence of the SAND price. The project has failed to attract 1,000 daily users since March 31, with only 730 users recorded on

Gucci and Yuga Labs' Otherside Metaverse Partnership Unveils Limited Edition NFT Series

6 months ago 1 min read

Yuga Labs Collaborates with Gucci to Launch Otherside-Inspired Jewelry Collection

Luxury fashion brand Gucci and Yuga Labs, the company behind the popular NFT collection Bored Ape Yacht Club, have announced a new partnership called Otherside: Relics by Gucci. The collaboration will involve a limited-edition series of physical Gucci products and associated NFTs tied to the lore of Otherside, Yuga’s long-awaited ape-themed metaverse game. The first relic to be released will be the KodaPendant, an NFT representing both a physical piece of jewelry and a nonfungible token that will unlock numerous perks within the Otherside metaverse. The KodaPendants will be available for sale on Thursday, April 6, at 6:00 pm EST,

OKX and Rúben Dias Host Metaverse Education Program for Fans

6 months ago 1 min read

OKX Exchange Hosts Metaverse Training Session with Premier League Footballer Rúben Dias

Cryptocurrency exchange and Web3 technology developer OKX has announced a collaboration with Manchester City footballer Rúben Dias, offering fans an immersive metaverse experience called “Train Like Dias.” The experience will allow fans to virtually experience Dias’ favorite training techniques, providing exposure to coaching and tips. OKX’s global chief marketing officer, Haider Rafique, stated that the new immersive experience helps connect fans and is “another great example of what this technology allows.” OKX and Manchester City became partners in July 2022, with the platform hinting at future Web3 content offerings from other players on the team. The metaverse continues to explore

Walt Disney is refocusing its priorities and is no longer pursuing Metaverse strategies

6 months ago 1 min read

Disney Shuts Down Metaverse Division in Major Restructuring Move

Walt Disney is refocusing its priorities and is no longer pursuing Metaverse strategies, according to reports. The entertainment giant is eliminating its entire “next-generation storytelling and consumer experiences” division, which had almost 50 members, as part of its restructuring plan. The head of the Metaverse division, Mike White, has been promoted to SVP of consumer experiences and platforms, but it is unclear in what capacity he will function in the future. Disney’s move comes as the company seeks to make $5.5 billion in cuts and reduce its headcount by nearly 7,000 across the company over the next two months. Reports