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Animoca Brands plans return to stock market by 2025
26.6.2024
Animoca Brands is considering a public market return after four years of delisting in Australia, eyeing more receptive jurisdictions like Hong Kong and the Middle East
Hong Kong targets DeFi, metaverse for fintech expansion
26.6.2024
Despite challenges in the current DeFi and metaverse landscape, the reports highlight potential growth and innovation in these emerging sectors
Kantana and The Sandbox are on a joint venture focusing on Metaverse entertainment
19.6.2024
The Sandbox, a market-leading metaverse platform, and Katana, Thailand’s top-rated internet company, are on a joint venture to produce the inspirational future of metaverse entertainment. The unique partnership utilizes Kantana’s storytelling capability with the Sandbox’s user-generated content...
Tech Entrepreneur Suggests Mainstream Companies May Have Adopted NFT Loyalty Programs Prematurely
16.6.2024
According to Juan Otero, CEO of the crypto-native travel booking platform Travala, many mainstream companies that attempted to use non-fungible tokens (NFTs) for customer or user loyalty programs may have seized the opportunity prematurely. Otero argued that at the time, Web3 companies had...
McDonald’s metaverse in Singapore, South Korea classifies NFTs as virtual assets: Nifty Newsletter
12.6.2024
NFT sales surge volumes across various platforms and blockchains, with Bitcoin-based digital collectibles leading the charge
South African Police Nab Alleged Mastermind of Metaverse Ponzi Scheme
8.6.2024
Neil Leon De Waal, a key figure in the GS Partners metaverse fraud case, was reportedly arrested by South African law enforcement in late May. He was subsequently released on bail on June 3. Authorities began investigating De Waal following a complaint from one of his victims. The complainant,...
The Sandbox raises $20M at $1B cap to grow open metaverse creator economy
7.6.2024
The Sandbox, the subsidiary of Animoca Brands, is conceptualizing a decentralized virtual world where creativity merges with gaming. Animoca Brands is a pioneer in digital property rights for the metaverse platform, and it is amazing to note that the Sandbox raised $20 million of promissory notes...
The Sandbox raises $20M at $1B valuation, promises to expand creator economy
7.6.2024
During a period when major metaverse projects are struggling to gain traction following the bear market of 2022-23, Sandbox announced that it has added over 330,000 unique creators
McDonald’s launches “My Happy Place” metaverse in Singapore
6.6.2024
The renowned American fast food chain McDonald’s launched the “My Happy Place” metaverse in Singapore in collaboration with Bandwagon Labs. Bandwagon Labs is the metaverse wing of Bandwagon, a top entertainment media technology organization. McDonald’s and Bandwagon Labs are both highly...
The Sandbox Raises $20M at $1B Valuation, SAND Rises 4.5%
6.6.2024
Metaverse platform The Sandbox has raised $20 million at a $1 billion valuation as it looks to enhance its user-generated multiplayer gaming platform
McDonald’s metaverse debuts in Singapore
6.6.2024
McDonald’s Singapore launches the ‘My Happy Place’ metaverse, letting locals build virtual burgers, play multiplayer games, and earn rewards
CU, together with MiL.k, unveils their metaverse game Play CU X MiL.k
5.6.2024
CU and MiL.k deliver their metaverse game Play CU X MiL.k within The Sandbox, connecting the space between Web2 and Web3. For the uninitiated, CU is a top-of-the-line departmental store based in South Korea, whereas MiL.k is basically a blockchain-oriented loyalty incorporation platform. Through...
Metaverse Project “Genso Meta” Announces MV Chain With Arbitrum Orbit to Improve User Experience
4.6.2024
PRESS RELEASE. Since its launch, Genso Meta has been actively developing applications that combine gaming and blockchain technology. Beyond Play2Earn, Genso introduced UGC2EARN, allowing players to create and profit from content. They’ve also partnered with Hikone Castle in Japan to blur...
Animoca Brands and EVG solidify strategic partnership with cross-investments
4.6.2024
Animoca Brands has formed a collaboration with Everest Ventures Group to implement an investment exchange initiative, in which both parties contribute to the other. The two entities are both dedicated to the improvement of the Web3 ecosystem and its widespread adoption. With respect to investments...
Google Partners With Magic Leap to Bolster the Potential of Augmented Reality Technologies
3.6.2024
One of the leaders in the augmented reality industry, Magic Leap, announced on May 30 that it had partnered with Google to enhance the potential of augmented reality technologies. This new collaboration aims to release unique product offerings while further expanding the longstanding relationship...
Google and Magic Leap partner up to make metaverse goggles despite past flops
1.6.2024
It’s unclear why the two companies have partnered up, but the scheme comes amid Apple’s push to dominate the “spatial computing” market
US Treasury: NFTs and NFT Platforms Highly Susceptible to Fraud and Scams
31.5.2024
A risk assessment conducted by the U.S. Treasury Department found that non-fungible tokens (NFTs) and related platforms are highly susceptible to use in fraud and scams. The risk assessment also warns that criminals can exploit NFTs to launder illicit proceeds or “obfuscate the source...
The new version of Torque Drift 2 integrated with Motorverse is out
29.5.2024
The Torque franchise is coming up with its biggest update, which includes a brand new game mode, improved modding tools, and multiplayer leading boards. The Motorverse-powered Torque Drift 2 can be used to enhance interoperability, and Grease Monkey Games, the leading games studio, has released...
The Sandbox DAO, a major step toward an open metaverse
29.5.2024
The Sandbox has announced the launch of The Sandbox DAO, its global community. In order to determine the future of the open metaverse, the corporation encourages citizens to propose and participate in governance decisions. Built on blockchain technology with Web3 components and NFTs, The Sandbox...
MoonPay launches Web3 platform for brands, digital experience
28.5.2024
Crypto firm MoonPay is targeting digital experience for brands in its new Web3 platform, a market estimated to reach over $25 billion by 2029