Metaverse
Decentraland (MANA)
The Ethereum-based virtual reality metaverse platform was founded by Esteban Ordano and Ari Meilich. Users can buy land in the metaverse which can be built upon and monetized in a wide variety of ways.
Singapore Minister of Law : Marriages, court...
Singapore Minister for Law says the metaverse will one day provide legal services. The minister is optimistic about the industry and says its underlying technologies can offer a different perspective to the norm.
Apple has its sights on Web3
The tech giant recently posted two interesting job openings in its retail engagement and marketing team, a creative director and an art director with understanding of Web 3. The company has not yet made its plans to enter the space public.
Meta loses $2.8 billion in Q2 as...
Meta’s metaverse specific division has reportedly suffered losses of $2.8 billion this quarter. CEO Mark Zuckerberg says the division could be worth trillions in the long term. The company is also being sued by authorities over monopolizing the metaverse industry.
Ivy League business school launches first certification...
Wharton School of business in collaboration with Prysm Group, a firm specializing in blockchain, digital assets and metaverse.
Telefonica enters the metaverse with Gamium and...
Spain’s largest telecommunication company has decided to invest in the metaverse by partnering with Meta and Gamium. The company will offer services and create an innovation hub for tech startups in the metaverse.
Metaverse is coming to universities
Turkey introduces the first ever Metaverse Scholarship for students who want to advance in the field of metaverse research and development.
Alibaba launches digital bank in Singapore
Chinese billionaire Jack Ma’s fintech company Ant Group, has announced the opening of a digital bank in Singapore.
Virtual real estate sales projected to grow...
Global market research firm Technavio predicts that the metaverse real estate market value is projected to surpass $5 billion by 2026. The report states that the industry’s growth will be fueled by implementation of metaverse into the mixed reality environment.
