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.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.
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.
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.
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.
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.We use cookies to improve the quality of our service.
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