Avalanche and Alibaba Forge Partnership to Develop Metaverses
The Avalanche team has agreed to cooperate with cloud provider Alibaba Cloud to create a platform for deploying metaverses.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.
Avalanche and Alibaba Forge Partnership to Develop Metaverses
The Avalanche team has agreed to cooperate with cloud provider Alibaba Cloud to create a platform for deploying metaverses.
Intella GameFi platform to launch a $10 million gaming accelerator
The gaming Web3-platform Intella X and the South Korean game publisher Neowiz announced a joint $10 million grant program.
Sports Illustrated launches NFT-ticketing service built on Polygon
The Sports Illustrated publication's subsidiary, SI Tickets, launched the Box Office NFT-ticket sales platform.
Reality Labs’ metaverse-focused loss hits $4 billion
Reality Labs' operating loss for January–March 2023 (the metaverse-related unit of Meta) amounted to $3.99 billion. For the period, the company reported net income of $5.71 billion. Reality Labs' total loss for 2022 was $13.7 billion (in 2021 — $10.2 billion). During a conference with analysts, Meta's CEO …
CoinGecko compiles list of popular Web3 games for 2023
As of 2023, Alien Worlds and Splinterlands are the most popular Web3 games, with more than 130,000 unique active wallets (UAW) engaging with each daily. CoinGecko reports.
Donald Trump releases a second edition of his NFT collection
Former U.S. President Donald Trump, who is currently facing legal proceedings, released the second collection of non-fungible tokens (NFTs) — Trump Digital Trading Cards.
Rights groups urge Meta to impose age limits on the metaverse
Dozens of human-rights organisations and internet-safety groups urged Meta to halt its plan to admit minors into Horizon Worlds, the metaverse. Bloomberg reports.
Adidas launches second phase of NFT initiative
Adidas, the sportswear brand, expanded its non-fungible token (NFT) Into The Metaverse ecosystem, releasing the ALTS by Adidas collection.
Attendance at Decentraland Fashion Week’s Second Week Falls 76%
In 2023, attendance at Decentraland Fashion Week fell to 26,000 from 108,000 a year earlier — a drop of 76%. The Block reports this.
Disney disbands metaverse-related division
The Walt Disney Company has closed its metaverse-related division, according to sources cited by WSJ.We use cookies to improve the quality of our service.
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