Mandala commences cross-chain Metaverse with NFT Launch
Mandala, a cross-chain metaverse project and web3 ecosystem, is preparing for its highly anticipated first significant NFT drop on the Astar Network. The NFT release, known as the ‘Cyptonauts Collection,’ has been created by...
Uk Officials Block Microsoft’s Push Towards The Metaverse
The UK Competition and Markets Authority (CMA) thwarted Microsoft’s bid to purchase Activision Blizzard for $69 billion today. The acquisition was expected to provide the necessary “building blocks” for Microsoft’s Metaverse. Microsoft initially announced...
Meta Shifts Focus Away from Metaverse: Reportedly Cancels All Metaverse Plans
A couple of months back, Mark Zuckerberg, the CEO of Meta, was a fervent supporter of the Metaverse as the next stage of the internet. According to a post in The Information, Meta has lately...
Lamina1’s Efforts to Create an Open Metaverse
Although the metaverse is unquestionably large, it is hardly all-inclusive. Yat Siu, the founder and CEO of Animoca Brands and the unidentified NFT collector Punk6529, thinks Web3 should work to build an “Open Metaverse.” Open...
Newly Established Department to Spearhead UK’S Metaverse and Web3 Initiatives
The United Kingdom(UK) has recently inaugurated a science, innovation, and technology department. This is to reinforce its position as a frontrunner in emerging technologies like the metaverse and web3. An undisclosed source revealed that this...
Experts Warn of Risks for Minors in Metaverse, Urge Company to Ban Youth from Virtual World
Safety groups and advocacy organizations are urging Meta to abandon plans to let teens use its Horizon Worlds app to access the metaverse. Meta has said that it plans to invite young people and teens to...
Apple tasks Luxshare with assembling its upcoming MR headset
Apple has reportedly chosen Luxshare Precision Industry Co to build its much-anticipated mixed-reality headset. According to a report released on Tuesday, the U.S tech giant has faced lapses concerning its MR headset after it...
What Are The Concerns Surrounding Data Privacy In The Metaverse?
The big-tech economy continues to fuel the hype around the Metaverse, but privacy and data security concerns arise from enabling technologies like AR, VR, AI, 5G, and blockchain. In fact, 33% of developers consider...
The Avatar’s Crucial Role in the Metaverse
The emergence of avatar-based metaverse is transforming the world of social media. Avatars refers to the idea of deities that take human form. In the 1980s, avatars became popular as on-screen representations of gamers...
Decentraland holds 2nd Metaverse Fashion Week event
Virtual reality platform Decentraland has successfully concluded its Metaverse Fashion Week (MVFW) event, which ran from March 28 to 31. This year’s theme was “Future Heritage” and aimed to connect the fashion innovators of...