Report: Metaverse market to reach $800 billion by 2024
By 2024, the metaverse industry’s market capitalization is projected to reach $800 billion, from a current valuation of $47 billion—a rise of 1,600%.News, articles, and analysis on the development of metaverses and major projects in this field.
Report: Metaverse market to reach $800 billion by 2024
By 2024, the metaverse industry’s market capitalization is projected to reach $800 billion, from a current valuation of $47 billion—a rise of 1,600%.
WikiLeaks founder to speak at metaverse rally
On 26 August, in a non-profit metaverse Wistaverse within The Sandbox ecosystem, a rally will be held as part of the campaign against the extradition of WikiLeaks founder Julian Assange.
Sichuan authorities estimate metaverse market at $34 billion
Authorities in Sichuan Province: by 2025 the metaverse industry could reach 250 billion yuan ($34 billion). The government announced the creation of industrial parks.
South Korean metaverse ZTX raises $13 million
The ZTX metaverse project, created by the South Korean company Zepeto in partnership with venture firm Jump Crypto, raised $13 million in a seed funding round.
Meta’s metaverse-focused unit posts a $3.7 billion loss
Operating loss of Meta's metaverse-focused Reality Labs for April–June 2023 amounted to $3.74 billion.
Cosmic Wire raises $30 million from Solana and Polygon
The infrastructure Web3 project Cosmic Wire closed a $30 million seed financing round led by Solana and Polygon funds.
10T Holdings backs Futureverse in $54 million AI-focused Series A
Futureverse, a platform focused on applying AI and metaverse technologies, closed a $54 million Series A round, led by 10T Holdings.
There’s a problem: people don’t linger. The metaverse’s teething problems.
Discussing with Meta Ads CEO Yaroslav Volov the challenges facing the growing metaverse market.
Metaverses — A Stage in Evolution: 11 Theses on the Path to Entangled Worlds
Why metaverses are the inevitable future and how to prepare for it, as explained by a Web3 researcher and IT entrepreneur Vladimir Menaskop.
Polish bank holds first metaverse job fair
PKO Bank Polski organized the country's first virtual-world job fair.We use cookies to improve the quality of our service.
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