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Tag Archives: metaverse

Emirates Flies Into the Metaverse With Airline NFTs

The United Arab Emirates national carrier has announced that it will be launching collectible and utility-based NFTs, with the first project already underway. In an announcement on April 14, Emirates stated that it will be launching NFTs and “exciting experiences in the Metaverse” for its customers and employees. Sheikh Ahmed Al Maktoum, Emirates Chairman and Chief Executive, said that the region was already a leader in the digital economy: “Dubai and the UAE are blazing the...

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Japanese Gaming Giant Bandai Namco Establishes $25M Fund for Web 3, Metaverse Start-ups

Japanese gaming developer and publishing company, Bandai Namco, announced setting up a fund of 1 billion yen (or $7.9 million approx.) in 1 year and 3 billion yen ($23.8 million approx.) in 3 years to invest in upcoming gaming companies related to Web 3 and metaverse. Bandai Namco Entertainment 021 Fund According to the report, the startup investment fund, dubbed “Bandai Namco Entertainment 021 Fund,” will focus on blockchain companies in Japan as well as overseas in a bid to...

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Silver Lake Leads the $150 Million Funding Round for NFT Firm Genesis

The private equity firm’s latest move demonstrates that traditional investment firms have started buying Web.3.0 projects as part of their investment thesis. A growing interest in a decentralized internet built on blockchain networks continues to incentivize big money to bet on small and medium-sized crypto firms. Silver Lake, the tech investment firm managing over $90 Billion in assets, announced leading the $150 Million investment round for Genesis, an NFT avatar company....

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Sutor Bank Hamburg: Das Kryptoversum expandiert – und ordnet sich

Die Welt der Kryptowerte erlebt gerade ihre kambrische Artenexplosion. In einem Big Bang entstehen aus den wenigen bekannten Arten urplötzlich Tausende oder Zehntausende neue. Doch während sich die Artenentwicklung im erdgeschichtlichen Kambrium über zehn Millionen Jahre erstreckte, geschieht es im Kryptoversum binnen Monaten. Eine Einordnung von Hartmut Giesen, Krypto-Experte der Hamburger Sutor Bank: Am 3. Januar 2009 betrat der Bitcoin die Bühne. Dieser erste blieb eine Weile der einzige...

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Zilliqa (ZIL) Skyrockets 385% in the Weeks Leading to Metapolis Launch 

Zilliqa – a scalability-focused DeFi blockchain – is seeing its cryptocurrency skyrocket leading up to the Metapolis launch this month. ZIL is up nearly 5X over the last two weeks, rising from $0.041 to $0.2 as of Friday. Zillqa leverages a layer 2 scaling solution known as “sharding”, which partitions a blockchain network into “shards” to spread out transaction workload. This method is currently being tested by Ethereum. Meanwhile, Metapolis is a metaverse-as-a-service...

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Opera Announces Support for Solana, Polygon, StarkEx, and Others 

In a major push to web3 browsing experience, Opera will now support eight leading blockchain and layer-2 networks, as well as some decentralized apps (dapps). These include Solana, Polygon, StarkEx, Ronin, Celo, Nervos, and IXO.  Opera’s Web3 Push Opera users can access these networks and their various features, including Defi, through Opera’s latest web3 browsing and wallet solutions.  “From now on, users get access to the vast ecosystem of Polygon or Solana dApps or the...

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Crypto Exchange Ku Coin Hands Out Six-Figures Bonuses to Top-Ranking Employees

Leading crypto exchange Ku Coin has experienced some vast success over the past 12 months. The company is now celebrating by presenting some of its top-ranking employees with $100,000 bonuses being paid out in bitcoin, Ethereum, and other cryptocurrencies. Ku Coin Hands Out a Lot of Money During the previous year, KCS – the official token of Ku Coin – experienced a value increase of 30 times its initial price. The company also saw its user base increase and experienced...

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Nexo Launches a $150 Million Fund to Invest in Web3

Interest in Web3 continues to increase as more companies race to invest in the next big thing. Nexo – a well-known crypto participant – is the latest to jump on the bandwagon. Nexo – a regulated and amongst the leading digital asset service providers – revealed today that they are launching a new fund aimed at investing in Web3-focused projects. The initiative is called Nexo Ventures and launches with an initial goal of investing $150 million. The key areas that the new arm...

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Retail Interest in Metaverse and NFTs at a 5-Month Low

Last year, Facebook rebranded its company name to Meta in a bid to pioneer the metaverse field, and ever since, this word has spread around like wildfire. Non-fungible tokens (NFTs), on the other hand, were undoubtedly the hottest topic of 2021, and this trend seemingly carried through in 2022 as well. Now, however, it appears that retail interest in both is fading. Google Trends Data Alarming Data from Google Trends is usually a good way to gauge the retail interest in...

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The Sandbox Bets Big on the Metaverse by Partnering With K-Pop Agency Cube

An established player in Metaverse, The Sandbox, is betting big on the technology and is all set to expand business in the metaverse with Cube Entertainment. The partnership aims to promote K-culture content globally via operating virtual space and developing digital assets. The Sandbox-Cube Partnership According to the official blog post, the joint initiative will concentrate on the “detailed collaboration for business expansion” with respect to the metaverse and NFTs. It...

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