News list for "Metaverse"
Xinhuanet published an article "Focus on" 3.15 "| Using AI to change faces and hype meta-universe investment". The article pointed out that some criminals used the banner of "future currency" and "high returns" to falsify trading platforms and exaggerate income data, making people mistakenly believe that investing in virtual currency is a good business that can make a profit without losing money. Once the income funds are controlled by the market, the value of "currency" will plummet, and even c...
Ilman Shazhaev, founder of Farcana Metaverse, said that venture capitalists are once again confident in Web3 games. Investors are turning back to blockchain games because they see it has passed the hype stage and entered the sustainable growth stage. He attributes this shift to the demand for better games from a more mature user base, as well as developers who have learned from earlier mistakes.
India has become the largest provider of content creators to Metaverse platform The Sandbox, doubling the number of users to 350,000. Sebastien Borget, co-founder of The Sandbox, said: "India is number one among all countries... thanks to the various bootcamps and educational programmes we run on the ground, both directly with Bharat Box and with some of our partners."
India has become the largest provider of content creators to Metaverse platform The Sandbox, doubling the number of users to 350,000. India now has 66,000 game creators, compared to 59,989 in the US and 25,335 in Brazil. Co-founder Sebastien Borget said the platform announced plans to focus on India in December and now aims to attract 1 million users within two years.
Metaverse sound experience startup Treble has raised €11 million in Series A funding, led by KOMPAS VC with participation from Frumtak Ventures, the European Investment Bank, Omega Venture Partners, and others. Treble plans to use the funds to expand its team, strengthen research and development, and explore new corporate customers and markets. Treble CMO Kristjan Einarsson said the company will focus on the construction and technology industries, and expand into automotive, gaming, and metave...
MultiMetaVerse Holdings Limited (MMV) announced the establishment and strategic investment of GOLD ABC DIGITAL TECHNOLOGY CO., LIMITED (GOLD ABC) in Hong Kong with ZHENGHE HOLDING CO., LIMITED. The specific amount and valuation have not been disclosed yet. It is reported that the two parties will use their expertise in fintech, blockchain and traditional finance to realize the appreciation of their own assets through algorithms. GOLD ABC has borrowed 500 bitcoins from ZHENGHE at an average of $6...
元宇宙公司MultiMetaVerse Holdings Limited（MMV）宣布与ZHENGHE HOLDING CO., LIMITED在香港成立GOLD ABC DIGITAL TECHNOLOGY CO., LIMITED (GOLD ABC)并对其进行战略投资，具体金额和估值暂未披露，据悉双方将利用双方在金融科技、区块链和传统金融方面的专业知识通过算法实现自持资产增值。GOLD ABC已于本月初从ZHENGHE借入500枚比特币，平均每枚比特币60,000美元，借...
The cross-chain interoperability protocol Owlto has started the Metaverse Owlypics cross-chain airdrop event on August 28, with a prize pool of $34,000. The two-week event supports interacting and earning rewards on Arbitrum, Optimism, Linea, Scroll, Base, Blast, Taiko and BOB networks. Owlto Finance is currently valued at $150 million, making it the first cross-chain bridge in 24 hours on Defi Llama, with a market share of 33%.
Metaverse platform Roblox Q2 revenue in 2024 is $893.50 million, compared to $681 million in the same period last year. Market expectations are $890 million. Third quarter revenue is expected to be $860 million to $885 million, and market estimates are $867.40 million.
Meta-universe platform The Sandbox has announced that it has jointly released the "Only I Level Up" avatar collection with the web3 social protocol building company Other world. The series consists of 1,560 avatars of the main character of the webcomic "Only I Level Up", Cheng Zhenyu. The series can be purchased on The Sandbox's "Only I Level Up Avatar Collection" page.
Metaverse company Animoca Brands is exploring the possibility of a public listing in crypto-friendly markets in Hong Kong or the Middle East. This could happen by 2025, which would be its return to the public market since it was delisted from the Australian Stock Exchange in 2022 due to accounting issues.
