Metaverse

Santos FC Token Ventures into Gaming Space with New Partnership

April 17, 2023 1 min read

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

UK Creates New Tech Department to Develop Metaverse and Web3 Strategy

April 15, 2023 1 min read

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

The Future of Gaming: $MBLK IDO Launches This Week

April 13, 2023 2 mins read

Dubai, United Arab Emirates, April 12th, 2023 ZOGI Labs, the innovative blockchain company and gaming studio behind the phenomenal MMORPG Legends of Bezogia, is excited to announce that the Magical Blocks ($MBLK) Initial DEX Offering (IDO) is only 2 days away, starting at 5pm UTC on April 14th. With the highly demanded whitelisting phase now closed, it’s time to prepare for the main event – the public sale that will allow investors to

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

April 11, 2023 1 min read

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

Adidas doubles down on NFTs despite the market downturn

April 10, 2023 1 min read

Adidas has introduced the last stage of its “Into The Metaverse” project, which brings forth its “ALTS” NFTs. While some companies have distanced themselves from NFTs since the peak of the crypto market in 2021, Adidas continues to delve into this trend. Chapter 1 of this launch was released in April 2023, and the following months will bring more functionality and enhanced holder benefits. With the ALTS NFT, users can

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

April 8, 2023 1 min read

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

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

April 4, 2023 1 min read

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

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

April 3, 2023 1 min read

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

Disney Shuts Down Metaverse Division in Major Restructuring Move

March 29, 2023 1 min read

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

Upland’s 2023 Hackathon To Showcase The Future Of Web3 Metaverse Super Apps

March 23, 2023 6 mins read

PALO ALTO, California, 23rd March, 2023, Chainwire Upland, the metaverse super app mapped to the real world, is partnering with the EOS Network Foundation, a community-led, not-for-profit organization that coordinates public-goods funding and support to encourage the growth of the EOS Network, to launch Upland’s second hackathon where web2 and web3 developers are invited to bring new games and experiences leveraging Upland assets.  As the only metaverse mapped to the real

Nissan Ventures into Metaverse with Web3 Trademarks and Sales Experimentation

March 13, 2023 1 min read

Japanese carmaker Nissan is the latest automotive giant to invest in Web3 technology, filing four new trademarks related to the decentralized web in the United States. The trademarks cover the Infiniti, Nismo, and Nissan brands and outline plans to create virtual clothes, cars, headgear, trading cards, toys, tickets, and a nonfungible token (NFT) marketplace for trading and minting NFTs. The company is also planning to offer metaverse advertising services and

South Korea Launches Metaverse Fund to Boost Economic Growth

March 12, 2023 1 min read

While some global economies have been focused on the instability and ecosystem collapses of cryptocurrencies, South Korea is taking a different approach. The country has recognized the potential of the metaverse as a new economic growth engine and is doubling down on investments in the space. The Ministry of Science and ICT in South Korea recently announced investments in a fund dedicated to driving metaverse initiatives in the country. The