Improbable plans to raise £100 million ($111 million) for Otherside metaverse network
The startup Improbable, which is building the infrastructure for the Otherside metaverse for Yuga Labs, plans to raise an additional $111 million.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.
Improbable plans to raise £100 million ($111 million) for Otherside metaverse network
The startup Improbable, which is building the infrastructure for the Otherside metaverse for Yuga Labs, plans to raise an additional $111 million.
BlackRock to Launch ETF Focused on Metaverse-Related Companies
The world's largest asset manager BlackRock has filed to launch an ETF focused on metaverses. Bloomberg reports.
Five metaverses you can explore today
The metaverse is evolving fast. Here are five projects you can try today.
NBA star turned into a metahuman
Slovenian basketball player Luka Dončić launched his digital alter ego Luk.AI, created using Epic Games' MetaHuman technology.
South Korean resident sentenced to prison for metaverse harassment
A 30-year-old South Korean resident was sentenced to four years' imprisonment for sexually harassing minors in an unnamed 'popular' metaverse.
Franklin Templeton to launch metaverse-focused ETF
Franklin Templeton, which manages more than $1.4 trillion in assets, announced the launch of an ETF focused on metaverses, according to a press release.
Xbox chief optimistic about metaverses
Xbox CEO Phil Spencer said that gamers have been in {{AOPEN_1}}metaverses{{ACLOSE_1}} for the last 30 years.
Beijing unveils plan for metaverse innovation and development
Beijing authorities have sent the 'Plan of Action for Metaverse Innovation and Development' to district institutions and committees for 2022-2024. The plan aims to support the development of Web3 and related sectors.
a16z backs Wolf3D, the metaverse avatar platform
The Wolf3D startup behind the Ready Player Me platform closed a $56 million Series B round led by Andreessen Horowitz (a16z).
Invesco to launch fund for metaverse ecosystem investments
Invesco, one of the largest US investment firms, announced the launch of a fund to invest in companies focused on virtual worlds, according to Investment Week.
Bank of England flags rising systemic risks from the metaverse
Widespread uptake of crypto assets in the metaverse could pose a systemic risk to financial stability and require robust protection of consumers' rights. These conclusions were reached by Bank of England researchers Owen Lok and Teresa Kashino.We use cookies to improve the quality of our service.
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