Qualcomm launches $100m fund for metaverse technologies
Chips maker Qualcomm announced the launch of a $100 million investment fund focused on metaverse-building technologies.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.
Qualcomm launches $100m fund for metaverse technologies
Chips maker Qualcomm announced the launch of a $100 million investment fund focused on metaverse-building technologies.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Khabib Nurmagomedov fights Max Holloway in a metaverse bout
MMA fighter Khabib Nurmagomedov knocked out his opponent Max Holloway in the first metaverse bout.
Bloomberg reports plans by South Korea’s sovereign wealth fund to boost investments in metaverses
South Korea's sovereign wealth fund plans to ramp up investments in Silicon Valley startups in AI and metaverse sectors to increase the share of alternative assets in its portfolio. Bloomberg reports.We use cookies to improve the quality of our service.
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