Tag Archives: metaverse

CoinspeakerSamsung Welcomes Wilder World for Metaverse Expansion to Smart TVs The integration into Samsung’s ecosystem will occur in stages. The first phase will see Wilder World assets and information introduced to Samsung’s various digital platforms. Samsung Welcomes Wilder World for Metaverse Expansion to Smart TVs

The team behind the Wilder World metaverse has entered a partnership with technology giant Samsung to bring its multiplayer virtual world to a wider audience through the company’s smart TVs. According to an announcement sent to CryptoPotato, the collaboration will leverage Samsung’s extensive distribution network to introduce Wilder World to millions of households. Wilder World Taps Samsung for Metaverse Integration Wilder World’s integration into the Samsung ecosystem will...

Metaverse has gained tremendous traction over the past couple of years, grabbing the attention of large companies across the world. But Ethereum co-founder, Vitalik Buterin, believes the concept of the Metaverse is still “poorly defined” and needs to have several elements to make it meaningful. Dissecting Metaverse During a Q&A session while speaking at the BUIDL Asia conference in Seoul, Buterin pointed out a common misconception in associating the Metaverse solely with...

Meta’s metaverse unit – Reality Labs – recorded its most successful quarter to date despite sustaining significant financial losses. Its recently released Q4 report revealed that the division clocked over $1 billion in revenue in the last quarter of 2023, primarily driven by sales of its Quest headsets and the Ray-Ban Meta smart glasses. Reality Labs Breaks Revenue Records Although surpassing the $1 billion revenue mark marks a significant achievement for Meta’s Reality Labs,...

Meta Platforms Inc.’s ambitious pursuit of the metaverse concept, championed by CEO Mark Zuckerberg, continues to come at a staggering financial cost. In its recently released third-quarter earnings report, Meta disclosed that its Reality Labs division, responsible for developing metaverse-related technologies, recorded an operating loss of a colossal $3.7 billion. The revelation underscores the steep financial toll of Meta’s foray into virtual reality (VR) and augmented...

Yuga Labs, the creative force behind the popular Bored Ape Yacht Club (BAYC) NFT collection, has completed a restructuring phase to position it for long-term success. In a message to the community, Yuga Labs CEO Daniel Alegre shared insights into the company’s journey, achievements, and a renewed focus on the metaverse project, Otherside. Yuga Labs Sets Sights on Otherside Metaverse Project Yuga Lab’s CEO, Daniel Alegre, recently took to X to announce that the team had...

Fortnite developer – Epic Games – has confirmed reports about laying off around 16% of its employees, affecting nearly 830 staff members. Epic CEO Tim Sweeney said the company has been working towards reducing costs across the globe, including its transition to “net zero hiring and cutting operating spend on things like marketing and events.” However, Epic has been significantly short of financial sustainability, forcing the company to resort to layoffs in a bid to...

Die Verkaufszahlen ausgewählter Non-Fungible Token (NFTs) stiegen, wie man am Beispiel der NFTs auf Basis von Polygon und Solana sehen kann: Diese verkauften sich im Laufe der letzten Woche um 20 bzw. 33 Prozent besser als alle Ethereum-NFTs, deren Verkaufszahlen im gleichen Zeitraum um fast 17 Prozent sanken, aber immer noch fast doppelt so hoch sind als die von Polygon- und Solana-basierten NFTs zusammen. Schon im Juli führte Solana die sogenannten Compressed NFTs ein, eine kostengünstige...

While the advent of Metaverse is seen as a major step in the crypto frontier, a report released by NYU Stem Center for Business and Human Rights (CBHR) warned that these developments could lead to an unprecedented erosion of privacy and a rapid surge in physical aggression. CBHR’s report recommends adopting solid steps by both the Web3 space and governments to avert a looming security and privacy crisis. Unprecedented Erosion of Privacy Metaverse, Extended Reality, or Spatial...

Darewise Entertainment, a subsidiary of Animoca Brands, has partnered with Horizen Labs to launch the first-ever metaverse ecosystem token on the Bitcoin blockchain. This partnership aims to usher in a new era of possibilities for gaming, brands, and real-life experiences within the Bitcoin ecosystem. Bitcoin’s First Metaverse Ecosystem Token Darewise Entertainment, known for its visionary work on the Life Beyond Gaming Metaverse, has announced that it is working closely with...