Metaverse projects secure highest Web3 investment amidst sharp fall in financing
In a recent study conducted by DappRadar, it was revealed that the Metaverse projects topped web3 investments, overshadowing the dominance of web3 infrastructure firms that held sway over the market in 2022. The report...
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...
Animoca Brands’ Takes its Web3 Investment to the Middle Eastern Region
Animoca Brands, a Hong Kong blockchain-based video gaming organization is making substantial investments in Web3 start-ups. Also, it is working on expanding its operations in the Middle Eastern area following the business alliance between...
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,...
The Lost Wallet: A Web3 Game Disrupting the Metaverse
The Non-Fungible Conference (NFC) and bem.builders are collaborating to produce a revolutionary web3 game. This game, “The Lost Wallet,” is scheduled to debut on March 1, 2023. The game comes with an exciting storyline....
Web 3 friendly Neal Mohan becomes the new CEO of YouTube
Following the exit of Susan Wojcicki from the company, YouTube approved Neal Mohan as its new CEO. Deciding to concentrate on a new phase by focusing on her personal projects, health, and family, Wojcicki stepped...
New Social Network App Bondee Sweeping Across Asia
Mobile application Bondee is the latest metaverse sensation in Asia, as it has gained millions across the continent. Bondee also tops the app download list in several countries in Southeast Asia. What is Bondee?...
Warner Music Debuts DJ contest in The Sandbox
Warner Music Group (WMG) is launching the World’s biggest global Demo Drop DJ contest in The Sandbox metaverse. Over the last two decades, the Demo Drop DJ contest has brought several DJs in the...
LG and Oorbit: An Awesome Duo to Bring the Metaverse to Smart TVs
A cloud-based 3D technology platform, Oorbit, has entered into a partnership with the South Korean tech giant LG Electronics. The partnership results in bringing the metaverse directly to smart TV viewers. Pooya Koosha, CTO...
Alethea AI and Polygon release AI-powered NFTs
Alethea AI partnered with Polygon blockchain to launch AI-powered NFTs, which will make it possible to develop NFT avatars simply through text-based prompts. According to the creators, this project will allow more people to...