Avalanche, a fast and scalable layer 1 blockchain platform, has announced a strategic partnership with Alibaba Cloud, the digital technology and intelligence division of Alibaba Group, to create Cloudverse, a metaverse launchpad for businesses and brands. Cloudverse allows businesses to…
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Shiba Inu Metaverse Teases Collaboration with Paramount Pictures, Generating Excitement in SHIB Community
The Shiba Inu community has been buzzing with excitement after new live views of Shiba Inu’s Metaverse were showcased at the South by Southwest (SXSW) festival in Austin, Texas. The detailed video views of the WAGMI Temple Hub were shown…
BlackRock Eyes Investment Opportunities in the Metaverse
Asset management giant BlackRock has indicated that it sees significant potential in the emerging field of the Metaverse, which refers to virtual worlds that allow users to interact with each other and with digital objects. “Multi-trillion dollar ecosystem” BlackRock’s Chief…
McKinsey Forecasts $5 Trillion in Value for Metaverse by 2030
Despite the fact that the bear market of 2022 has reduced interest in sub-ecosystems such as NFTs within the emerging crypto space, the Metaverse is still poised to cause significant disruption in the long term. All Down to Experiences The…
Web3 Startups Receive Record Funding in 2022, Gaming Dominates
Web3 technology companies received $7.1 billion in funding in 2022, with gaming, metaverse, and social networks as the most popular investment areas, as reported by Metaverse Post’s year-end report. Metaverse Post’s report found that start-ups in gaming, metaverse, social networks,…
Survey: A Third of Singles In the Market Are Willing to Date In the Metaverse
Online dating has already become a common occurrence in modern romance. According to Statista, there will be nearly 280 million online dating users by 2024. According to data from a recent survey conducted by Dating.com, an online matchmaking platform, many…
Meta Plans to Use Mobile Phones to Connect Africans to the Metaverse.
Meta sees a huge metaverse business potential in Africa, with an additional $40 billion to the continent’s GDP by 2031. This lofty goal comes with one major caveat; Only if the metaverse is adopted and grows in the same way…
The FTX Collapse And How Affected the Web3 Gaming Ecosystem
The FTX collapse had an effect on the entire crypto industry, but given the connections between Solana and FTX, Web3 gaming may have felt it the most. While some say GameFi depends on centralization to draw Web2 gamers, others predict…
Opera Crypto Browser Introduces Instant NFT Minting With Alteon Launchpad
Susie Batt, a senior executive at Opera, said that the tool will be free from platform usage costs and give users the freedom to explore the NFT market. Alteon Partnership Sealed In a press release, the company announced a partnership…
Mozilla Firefox Goes All In On the Metaverse Acquires Active Replica
Mozilla, a browser and legacy web developer, said that it had acquired Active Replica as part of its Hubs creative ecosystem to improve digital experiences. Buying Into Immersive Experiences Mozilla, a web development company well known for its web browser…