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Tetris Owner Playstudios to Launch Blockchain Gaming Division and Web3 Fund


Playstudios, a mobile gaming company, has recently announced it is diving into the world of Web3 gaming. The company is launching a blockchain gaming division that will introduce the concept of “rewarded play” to its users, who already enjoy real-world rewards for playing its games....

Funko Partners With Entertainment Giant Paramount to Drop Avatar Legends NFTs


On July 29, the pop-culture consumer products firm, Funko, announced that the company has partnered with the multinational mass media and entertainment corporation Paramount Global. The two corporations plan to introduce a series of non-fungible tokens (NFTs) based on the Avatar Legends universe....

University of Tokyo to Offer Engineering Courses in the Metaverse


The University of Tokyo will offer a series of engineering courses using metaverse tech. The courses, which are projected to start being offered later this year, will introduce students to the subjects of engineering and will combine this knowledge with the skills to handle metaverse-based worlds...

Ultra and SwissBorg Introduce Agora to Bring GameFi to Ultraverse


Ultra and SwissBorg published a blog post to announce their joint venture – Agora – to fill Ultraverse with new GameFi features. The joint venture will enable all the players to seamlessly integrate the functionalities within the app or game to trade fungible tokens within...

Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law


New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML) rules have been submitted to its legislature while a recently published report examines...

The Sandbox Partners CJ ENM To Introduce Diverse Content In Metaverse


The Sandbox published a blog post announcing that it partnered with CJ ENM to offer more diverse and inclusive content in the metaverse. CJ ENM, too, plans to expand its virtual footprints in the metaverse through this partnership. The community will not be hanging in the middle as they will...

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