#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 12 25.03.2022

Binance Labs Invests an Additional $5 Million in Ultiverse Developers

Binance's venture arm invests $5 million in Ultiverse. The startup focuses on developing a Web3 social gaming metaverse built on the BNB Chain network.

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ForkLog 12 24.03.2022

Will Smith and The Weeknd invest in metaverse-focused Everyrealm

Actor Will Smith and musicians The Weeknd and Marc Anthony invested in the Everyrealm startup. The total amount raised by the company rose to $62.5 million.

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ForkLog 7 23.03.2022

Qualcomm launches $100m fund for metaverse technologies

Chips maker Qualcomm announced the launch of a $100 million investment fund focused on metaverse-building technologies.

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ForkLog 12 16.03.2022

Bored Ape Yacht Club NFT project to launch metaverse and gaming token

In 2022, the company behind the Bored Ape Yacht Club (BAYC) NFT collection, Yuga Labs, is expected to generate revenue of $455 million, mainly from the sale of virtual land in a future metaverse. The Block reports.

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ForkLog 18 16.03.2022

HSBC buys virtual land in The Sandbox metaverse

The largest bank in the United Kingdom, HSBC, has acquired a parcel of virtual land in The Sandbox metaverse (SAND) to engage with financial-service providers and attract sports communities.

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ForkLog 8 15.03.2022

Blockchain enthusiast announces metaverse summit on Phuket

From May 7 to 9, an international MetaVentures Phuket summit on the Thai island of Phuket will focus on the latest developments in metaverses, NFTs and DeFi.

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ForkLog 30 09.03.2022

What is The Sandbox (SAND)?

An explainer of The Sandbox: how the metaverse works and its tokenomics, what users can do on the platform, and how the project is evolving.

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ForkLog 9 07.03.2022

Phemex CEO: I firmly believe in the metaverses’ success

We discuss the prospects of the metaverse sector and the projects selected by the Phemex crypto exchange.

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ForkLog 9 28.02.2022

South Korea earmarks $186 million for national metaverse project

The Ministry of Science, ICT and Future Planning of South Korea has allocated 223.7 billion won (about $186 million) to create a metaverse ecosystem.

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ForkLog 14 26.02.2022

Dolce & Gabbana and Paco Rabanne to participate in Decentraland fashion week

The luxury NFT marketplace UNXD, in collaboration with the GameFi project Decentraland, announced the participants of Metaverse Fashion Week.

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ForkLog 5 18.02.2022

China warns of fraud risks in the metaverse sector

China's Banking and Insurance Regulatory Commission (CBIRC) warned of fraud risks in the metaverse sector. According to the regulator, criminals are exploiting the hype around the concept to lure investors' funds.

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ForkLog 8 16.02.2022

JPMorgan becomes first major bank to open a metaverse presence

The financial holding JPMorgan opened a salon in the Decentraland metaverse. The virtual location was named Onyx in honour of the financial institution's blockchain platform.

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