South Korea pumps $51 million into metaverse projects
South Korea in investing KRW 27.7 billion, approximately $21 million, into domestic projects developing in the metaverse. According to an official announcement by South Korea’s Ministry of Science, the reserved fund will support 13...
Decentraland Launches SDK 7 for Enhanced Building Capabilities
Decentraland has released the beta version of its new software development kit (SDK) 7. The SDK is now available for the public to utilize and build upon to further Metaverse development. SDK 7 release coincides with...
Cavrnus and Ruby Groupe Partner to offer Brands Fashion Metaverse Experiences
Cavrnus, Inc. recently disclosed a new partnership and a Memorandum of Understanding (MOU) with Ruby Groupe, Inc. This partnership will allow Ruby Groupe to take advantage of the capabilities provided by the Cavrnus Platform. This...
Hexa Secures $20.5 Million In Funding To Support Its Metaverse Project, One 3D Object At A Time
Hexa, a 3D asset management firm that started in 2018, is making waves in the corporate landscape. The company just secured a whopping $20.5 million in its Series A funding round, a significant achievement....
Metaverse Group to host MVFW23
Web 3 platform Token.com has announced that its subsidiary, Metaverse Group, will be part of the Metaverse Fashion Week 2023(MVFW23). The event will take place at Metaverse Group’s Luxury District at Decentraland, where reputable...
Deloitte’s Mirror World debuts at Mobile World Congress
Deloitte and Vatom have just unveiled a revolutionary platform that sets the stage for companies to create immersive virtual environments. Combining services from each provider, this innovative technology helps businesses forge connections with clients,...
New DLC for Walkabout Mini Golf Introduces Gravity-bending Experience
Mighty Coconut has revealed that Walkabout Mini Golf will be available for PSVR 2. It has also announced a new DLC called Upside Town. With Upside Town, players navigate a virtual reality course with...
Tech companies to exhibit AI, Metaverse and more at MWC
The annual Mobile World Congress (MWC) wireless trade fair will kick off Monday, February 27, 2023. Technology experts will showcase the latest smartphones, AI-powered chatbot avatars, and immersive metaverse experiences at the event. MWC...
NeRF and How it Helps VR, AR, And The Metaverse
The NeRF technology can potentially create more real-life objects and landscapes, thereby promoting metaverse growth. NeRF technology is a new way to simulate real-world objects in computers. What is a NeRF? Neural Radiance Fields,...
Colombia’s Virtual Legal System Experiments in The Metaverse
Introduction Virtual and augmented reality technologies have advanced, leading to the recent growth in the popularity of Metaverse. Colombia has been leading the exploration of how virtual environments can improve access to justice and...