Seoul to create the world’s first urban metaverse
The Seoul metropolitan government said it intends to become the first major city to create its own metaverse. It plans to use it to welcome residents and host cultural events.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.
Seoul to create the world’s first urban metaverse
The Seoul metropolitan government said it intends to become the first major city to create its own metaverse. It plans to use it to welcome residents and host cultural events.
Kraken CEO foresees multiple metaverses with shared blockchain assets
Kraken CEO Jesse Powell at the Crypto Goes Mainstream event predicted the creation of multiple metaverses in the future.
Opinion: The Metaverse Is More Dangerous Than Artificial Intelligence
The metaverse carries 'horrific dangers,' and humanity must take it under control before it is too late. This was stated by Dr. David Reid, a professor at the University of Liverpool's Hope.
Enjin launches $100 million fund to build NFT metaverse
The blockchain company Enjin announced the launch of a $100 million fund to support NFT-based game developers in the Efinity ecosystem and accelerate the development of the metaverse.
Alan Howard and CMT Digital back a $100m metaverse fund.
Investment company Sfermion has raised $100 million for a new fund. Its goal is to accelerate the emergence of a decentralized metaverse by investing in infrastructure, as stated in the release.
NFT project The Sandbox raises $93 million to build a metaverse
The Sandbox platform raised $93 million in a financing round led by SoftBank's Vision Fund 2.
Meta unveils digital avatars for virtual and augmented reality
The company Meta (formerly Facebook) demonstrated realistic avatars, the environment for their existence, and a neural interface that enables controlling them.
Metaverse and GameFi tokens rally amid Facebook rebrand
Against Facebook's announcement of a sweeping rebrand and a pivot toward building its own metaverse, token prices for GameFi and virtual-world projects rose significantly.
Facebook rebrands as Meta; NFTs to feature in Zuckerberg’s metaverse
Facebook has undergone a sweeping rebrand — it is now called Meta. In doing so, it signals its commitment to building a metaverse it regards as the next stage in the evolution of social connections.
Escaping Reality: The Long Journey from Multiplayer to the Metaverse
ForkLog has examined the history of virtual worlds and the role of cryptocurrencies in this industry of the future.
Toward the Metaverse: How the GameFi Industry Is Evolving
The rise of gaming tokens has been one of the summer’s most notable events in the crypto industry. The growth leader has been the AXS token from the blockchain game Axie Infinity, which rose by more than 1,500% in three months, breaking into the top 50 assets by market capitalization and catching the attention of global financial publications. ForkLog examines what is happening in the blockchain-based gaming industry and its prospects.We use cookies to improve the quality of our service.
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