Metaverse

Meta will likely cut off its staff this week

November 7, 2022 1 min read

Meta, the parent company of Facebook, plans to lay off a sizable portion of its workforce starting this week. After Twitter last week, it’s the most recent tech juggernaut to fire staff members. During the pandemic and the ensuing lockdowns, social media and tech giants experienced rapid growth.  In total, Meta hired more than 27,000 new workers in 2020 and 2021. They are observing a contraction now that normalcy is

Web3 developers can now join the Open Metaverse Alliance (OMA3)

November 1, 2022 1 min read

The Open Metaverse Alliance (OMA3) has officially launched today, with memberships available in two tiers: sponsor and creator. It was first announced in July with the goal of establishing standards between metaverse platforms, and it is now in the process of forming working groups to investigate issues such as web3 legal issues. The majority of associated members had ties to Hong Kong-based game software and venture capital firm Animoca Brands

Twitter Introduces a New Feature Called ‘NFT Tweet Tiles’

October 28, 2022 1 min read

Twitter‘s development team appears to be pushing ahead, announcing a new feature in testing centered on NFTs on Thursday. The announcement was made via the platform’s official dev account, and it stated that major NFT marketplaces and platforms such as Magic Eden, Rarible, Dapper Labs, and Jump.trade would be used to begin. The minor product change will most likely be a nice aesthetic addition for those interested in NFTs at

VISA files 2 trademark applications for managing crypto transactions and NFTs

October 28, 2022 1 min read

Visa, the world’s largest credit card company, has filed a number of trademark applications, implying a larger foray into crypto markets. On October 27, licensed trademark attorney Mike Kondoudis revealed Visa’s most recent trademark applications. The applications indicate that the company intends to develop or launch its own digital asset wallet. Software for managing digital, virtual, and cryptocurrency transactions, as well as cryptocurrency wallets, were included in the two trademark

PayPal and Western Union register trademarks to offer services in the metaverse

October 26, 2022 1 min read

Western Union and Paypal both registered trademarks with the US Patent and Trademark Office to offer services in the metaverse. Western Union, a financial services company, and PayPal Inc., an online payment system, both filed metaverse trademark applications with the US Patent and Trademark Office (USPTO). PayPal submitted three trademark applications with the USPTO on October 18 that cover “PAYPAL and its Ps Logo.” PayPal’s USPTO-licensed trademark attorney, Mike Kondoudis

Decentraland to host 2nd Metaverse Music Festival this year

October 26, 2022 1 min read

Despite the fact that last year’s Metaverse Music Festival had 80 virtual performers and 50,000 attendees, Decentraland boasted that this year’s festival would be “bigger and better.” In a press release, Decentraland announced it will hold this year’s Metaverse Music Festival on November 10–13, which will include Web3’s “best music talents.” To attend, go to the Decentraland metaverse and enter the virtual musical space for free—there are no tickets or

Indian e-commerce giant Flipkart launches a metaverse offering for consumers

October 19, 2022 1 min read

Flipkart has launched a metaverse offering for consumers to more interactively discover and shop new products, the latest bet from the Indian e-commerce giant as it experiments with web3 offerings to supercharge its customer experience. The largest online retailer in India, Flipkart, has announced it has launched a metaverse service called Flipverse for consumers to discover and shop for new products. Flipkart, which is supported by American retailer Walmart, claimed

Crypto will disrupt payments in a big way, says Walmart’s CTO.

October 18, 2022 2 mins read

Walmart’s CTO, Suresh Kumar, says crypto will play a significant role in payments throughout the metaverse and social media, as these platforms will play a significant role in how consumers learn about new products. Suresh Kumar, the global chief technology officer (CTO) of Walmart, predicts that in the future, customers will use cryptocurrencies to pay for both digital and tangible goods, making this a “major” area of disruption. On October

FIFA World launches a virtual gaming environment on Roblox ahead of FIFA World Cup in Qatar

October 18, 2022 1 min read

Roblox and FIFA have announced a groundbreaking partnership that will grant free-to-play access to FIFA World to both the Roblox community and football fans worldwide.  The FIFA World is a virtual platform that honors the force of football and the lengthy history of its most important games. The international governing body of association football, beach football, and futsal has announced in a press release that the opening of the Roblox

Ajman Police in UAE becomes the first law enforcement organization to offer its services inside the metaverse.

October 17, 2022 1 min read

The United Arab Emirates (UAE) is continuing with its extensive metaverse adoption across all of its governmental and business enterprises. According to Khaleej Times report on October 16, the Ajman Police in UAE became the first law enforcement organization in the world to offer its services inside the metaverse. The Ajman Police General Command debuted a brand-new cutting-edge service during Gitex Technology Week dubbed “Request for Sponsorship,” which enables the

Konami, a Japanese video game firm, to hire web3 and metaverse developers

October 14, 2022 1 min read

Konami, a Japanese video game company, is seeking developers with expertise in web3 and metaverse. In addition, the company intends to introduce an NFT marketplace at a time when the majority of other gaming companies have abandoned them. On October 13, the Japanese entertainment conglomerate and video game developer Konami announced that it was hiring staff for Web3 and metaverse development. The company’s plans to introduce an NFT marketplace for

Shiba Eternity, Shiba Inu collectible card game is gaining popularity among the SHIB army

October 13, 2022 1 min read

Shiba Eternity, a trading card game that allows players to “fight without violence” with Shiboshis, was released earlier this month by the community behind the meme-inspired cryptocurrency Shiba Inu ($SHIB). Over 11,000 users have reviewed the game on the Google Play store, giving it an overall rating of 4.6 out of 5. The app store for Apple currently rates the game 4.8 out of 5. In Shiba Eternity, players compete to