A recent survey has shown that the metaverse could be worth $5 trillion by 2030, with e-commerce being its biggest money maker. About 95 percent of executives say virtual technology…
Browsing: Decentralized metaverse
A survey has shown that developing nations have more enthusiasm and knowledge regarding the metaverse than developed ones. A similar survey showed the same high interest when it came to…
Famous American music rapper and producer, Pharrell Williams, was among the speakers at the VeeCon NFT event over the weekend. Williams gave his opinion on how Web3 will affect the…
Turkey President Recep Tayyip Erdoğan has ordered the nation’s ruling party to study matters of cryptocurrencies and the metaverse. The country has, in the past, not been quite accommodative of…
Shanghai has shown interest in the metaverse by including it in its five-year development plan. Thousands of China-based companies have shown interest in the new virtual technology, despite multiple warnings…
Chinese companies, including Huawei, Tencent, and Hisense, have aggressively applied for the registration of their metaverse applications. The virtual space has drawn great attention and is expected to rise to…
Retail transactions (less than $10K) took up the bigger chunk of all NFT transactions all through 2021. Collector-sized transactions led in transactional volume and whitelisted buyers had higher chances of…
The Axie Infinity metaverse recently saw one of its digital plots sell for a whopping $2.3 million in Ethereum. The platform boasts of 2M daily users, daily trading volumes peaking…
Facebook launches a $50 million fund to support its metaverse research and development plans. Facebook says metaverse will take over 10 years to develop right, with the collaboration of key…