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Tag Archives: metaverse

Walmart Filed Documents to Launch a Cryptocurrency and Join the Metaverse (Report)

After the fake reports about Walmart and Litecoin last year, this time, the US retail giant has officially filed documents with local regulators to enter the cryptocurrency space and the metaverse. As seen in the CNBC report, Walmart’s filings with the US authorities about getting involved with the metaverse date late December last year. Essentially, the company wants to allow its users to shop for electronics, home decorations, personal care products, and everything...

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Coinbase Becomes Sponsor-A-Scholar Partner of Yield Guild Games (YGG)

Yield Guild Games – a game community in the play-to-earn field – obtained support from the US cryptocurrency platform Coinbase. The partnership between the two entities should bring more assets available for scholarships. In addition, Coinbase announced it will soon acquire FairX – a CFTC-regulated derivatives exchange. The deal is considered a turning point for the former, which aims to offer crypto derivatives to retail and institutional investors in the States. Coinbase...

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Australian Open Joins the Metaverse by Partnering with Decentraland

One of the world’s biggest tennis tournaments – the Australian Open (AO) – is entering both the NFT and Metaverse side of the cryptocurrency industry. This year’s championship will also be held in Decentraland — a leading virtual reality platform. At the same time, fans will be able to participate further by buying non-fungible tokens linked to live match data. AO Dives into the Metaverse As Omicron cases in Australia surge, the organizers of the Australian Open decided to...

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Twitch-backed SYN CITY Receives an Investment From Overwolf

According to a Friday PR, Gaming platform Overwolf is making an investment in SYN CITY, a blockchain-based Mafia Metaverse gaming platform, which is formally opening on January 8. With over 95,000 creators, Overwolf is a significant player in user-generated gaming content. SYN CITY is a brand new platform built on blockchain and intends to offer a gaming experience in the metaverse. The latter promises to bring gameplays on mafia and crime syndicate themes. Built by...

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Samsung Dives Deeper into Metaverse Using Decentraland (MANA) Capabilities

The electronics giant Samsung introduced a new feature allowing clients to virtually attend quests or live music events. The company’s new metaverse experience is called Samsung 837X and is modeled on the physical flagship location in New York. Samsung Joins The Metaverse League In a January 6 announcement, the Korean firm described the feature as an “immersive world that can be explored virtually.” Samsung 837X is an “experiential playground for people to discover the...

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NVIDIA Strikes Deals With Metaverse Marketplaces. Distributes Free Copies of its Omniverse Software

NVIDIA, the global manufacturer of graphics processing units and integrated circuit technologies for workstations, personal computers, and mobile devices, wants to step up its efforts to develop more products for the metaverse. The metaverse is a concept that describes the next generation of internet content, where users will be able to interact with objects (and other humans) in virtual worlds in a deeper, multisensorial, richer way. It involves technologies like Virtual...

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Shanghai to Encourage Metaverse Use, Reveals 5-Year Development Plans

The metaverse narrative continues to boil, and the latest mention comes from a point of high authority. China’s biggest city appears to be getting serious about it. According to a CNBC report, Shanghai is eager to tap into the potential of what many believe to be the next-gen internet. Local authorities have issued development plans for the next five years, and one of them mentions the metaverse, according to media reports from China. According to a reported translation of an...

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Digital Currency Group and Jamestown Bring New Years Eve Ball Drop to Metaverse

New Year’s Eve Party is a glitzy affair in NYC, as with most parts of the world. The celebration in Times Square, for one, generally accommodates around 58,000 people in viewing areas. However, due to the pandemic, the figures will be scaled down among other prohibitions. But visitors can also enjoy New Year’s Eve ball drop from the comfort of their homes – in the metaverse. New Year’s Eve on Metaverse The global real estate firm and the owner of One Times Square in...

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Top 5 Crypto Trends in 2021

It’s safe to say that 2021 was a particularly explosive year for the entire cryptocurrency market. It was also one where particularly strong narratives were centered around different segments – a year full of plot changes and various metagames. With this said, as we approach the last hours of the year, we’ve taken the liberty to cherrypick five of the most influential trends during the past 12 months. The below come in no particular ranking as all of them excelled in specific...

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Baidu’s Metaverse App Will Not Support Digital Assets as Tech Giant Exercises Caution

Chinese internet behemoths are racing to the metaverse. Baidu, for one, is fairly confident that its metaverse app will take at least six years to fully launch. However, as the tech giant eyes to explore more, it will not add support for digital assets on the app. Baidu’s Metaverse World While speaking at the “Create 2021,” Baidu’s annual developers’ event, Ma Jie, the company’s Vice President, shed some light on the timeline of its immersive digital world ‘XiRang.’ Although...

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