#Virtual World Innovations

Exploration of innovations in virtual worlds, including Play-to-Earn, GameFi, metaverses, simulation theory, VR, and AR, and their impact on financial and social processes.

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ForkLog 16 29.04.2022

Indian online retailer Flipkart to explore metaverses and NFTs

The Walmart-owned Indian marketplace Flipkart has created an innovation lab to study the commercial applications of Web 3.0 technologies.

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ForkLog 14 27.04.2022

Standard Chartered acquires virtual land in The Sandbox metaverse

The Hong Kong unit of the financial giant Standard Chartered has bought a parcel of virtual land in The Sandbox metaverse to explore the possibilities of the new space.

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ForkLog 13 26.04.2022

Meta to open store to showcase the metaverse

Meta will open its first Meta Store retail location to familiarise consumers with virtual reality and the metaverse.

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ForkLog 22 24.04.2022

Bored Ape Yacht Club creators reveal Otherside metaverse launch date

Yuga Labs will launch the Otherside metaverse on April 30. Over the past 24 hours, sales of NFTs from the BAYC and MAYC collections rose by 18% and 108%, respectively.

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ForkLog 17 21.04.2022

Report: Blockchain-game investment volume in Q1 2022 totalled $2.5 billion

In January–March 2022, investments in blockchain games totalled $2.5 billion (for 2021 — $4 billion). The figures come from a report by DappRadar and Blockchain Game Alliance.

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ForkLog 8 14.04.2022

Meta to charge nearly 50% commission on metaverse sales

Meta, the parent company of Facebook, intends to charge a 47.5% commission on sales of digital goods in the Horizon Worlds metaverse, CNBC reports, citing a company spokesperson.

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ForkLog 7 13.04.2022

Former Meta employee warns of privacy risks in the metaverse

The former Meta whistleblower Frances Haugen warned of concerns that Meta's abuses could spill into the developing metaverse, Politico reports.

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ForkLog 12 12.04.2022

Meta begins testing monetisation in Horizon Worlds

Meta has begun testing monetisation in the Horizon Worlds metaverse. Some users will have the opportunity to sell virtual items.

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ForkLog 18 12.04.2022

Epic Games closes $2 billion investment round to develop metaverses

The leading video-game developer Epic Games closed a $2 billion investment round. The funds will go toward metaverse projects.

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ForkLog 11 08.04.2022

Improbable raises $150 million to build the M² metaverse network

The British startup Improbable has raised $150 million to build the interoperable metaverse network M².

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ForkLog 11 07.04.2022

The Kingdom metaverse raises $3.6 million from Alameda Research and other investors

The culture-focused metaverse The Kingdom has raised $3.6 million in a private funding round, according to project representatives speaking to ForkLog.

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ForkLog 16 02.04.2022

Citibank estimates metaverse market at $13 trillion by 2030

Analysts at Citibank forecast the metaverse economy to reach $13 trillion by 2030.

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