#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 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 10 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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ForkLog 23 14.02.2022

Khabib Nurmagomedov fights Max Holloway in a metaverse bout

MMA fighter Khabib Nurmagomedov knocked out his opponent Max Holloway in the first metaverse bout.

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ForkLog 8 11.02.2022

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.

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ForkLog 12 11.02.2022

Everyrealm, metaverse-focused, raises $60 million from a16z and Coinbase Ventures

A digital real estate-focused investment company, Republic Realm, raised $60 million in a Series A round and announced a rebranding. It is now called Everyrealm.

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ForkLog 14 10.02.2022

McDonald’s to launch virtual restaurants in the metaverse

McDonald’s has filed trademark applications to create virtual establishments and sell digital assets in the metaverse.

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ForkLog 14 10.02.2022

Gucci buys a parcel of land in The Sandbox metaverse

The Italian fashion house Gucci has acquired a virtual parcel of land in The Sandbox metaverse, Vogue Business reports.

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ForkLog 15 08.02.2022

Binance to assist South Korea’s YG Entertainment in NFT development and the metaverse

The cryptocurrency exchange Binance and the South Korean entertainment agency YG Entertainment have agreed to collaborate in NFT-related activities and the creation of a metaverse.

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ForkLog 12 07.02.2022

Arizona couple stages first wedding in the Decentraland metaverse

In early February, the first wedding took place in the Decentraland metaverse. The ceremony involved a court representative, witnesses, and about 2,000 guests.

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ForkLog 14 04.02.2022

Nintendo says it will enter the metaverse market only if it can deliver delight and fun

Nintendo does not rule out entering the metaverse market, but will consider the possibility only if it can deliver the 'delight and fun' that the company aims for, according to its CEO, Shuntaro Furukawa.

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ForkLog 7 02.02.2022

Russian authorities weigh regulation of metaverses

One of Roskomnadzor's structures has begun studying the opportunities and risks of metaverses and announced the need to regulate them.

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ForkLog 44 28.01.2022

Apple shares rise on Tim Cook’s remarks about metaverse potential

Apple sees "great potential" in the metaverse sector and does not rule out investments in this direction. This was stated by CEO Tim Cook during the Q1 2022 earnings call.

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