Epic Games and LEGO Group Join Forces to Build a Safe and Fun Family Metaverse
Epic Games and LEGO Group have announced a collaboration to create a family-friendly metaverse that is both enjoyable and safe for all ages. Epic Games, known for designing captivating virtual worlds, recently received $2 billion in funding to support its metaverse ambitions. The collaboration promises to provide a virtual adventure that is both captivating and safe for families.
ITV Studios and The Virtual Brand Group Launch The Voice Studios in Metaverse
ITV Studios and The Virtual Brand Group have teamed up to create The Voice Studios, a new virtual experience based on the award-winning TV show, The Voice. The immersive experience allows viewers to produce their own music, showcase their dancing skills, participate in Battle rounds, assess their musical expertise, and try out for an upcoming season of the show.
Gaming Dominates Web3 With Soaring Crypto Transactions & Thriving NFT Games
In April, the web3 gaming sector saw a surge in crypto transactions, with 38% of all transactions attributed to gaming, surpassing DeFi and NFTs. Splinterlands and Alien Worlds, both built on the WAX blockchain, continued to dominate blockchain gaming activity. Splinterlands, a turn-based card game driven by NFTs, has over 250,000 active players daily, while Alien Worlds, a space-themed metaverse game, allows players to explore and colonize virtual planets while collecting valuable NFTs. The success of metaverse games like The Sandbox also highlights sustained interest in virtual land ownership within the NFT gaming space. The convergence of gaming, blockchain, and NFTs establishes gaming as a driving force behind the web3 revolution.
Launchpad XYZ Presale Raises Over $450,000 for User-Friendly Web3 Hub and Metaverse Platform
Launchpad XYZ is a metaverse platform that aims to make blockchain accessible to the masses by providing a seamless gateway into web3. Their goal is to facilitate transactions and create a space for brands to leverage the power of immutable contracts and validated data. The platform plans to onboard 10 million new web3 users by developing tools and resources to help crypto enthusiasts access a portal to the decentralized web. The $LPX token will be central to accessing benefits and shaping Launchpad XYZ's platform, which will offer users access to the metaverse and play-to-earn web3 gaming through its metaverse library and web3 gaming hub. With its unique features and potential for the $LPX token, Launchpad XYZ is establishing itself as a metaverse platform to watch for those looking to delve into blockchain's new frontier.
nChain Invests in Planetary To Launch Next-Generation Metaverse-Based Social Media
London-based blockchain company nChain has announced a partnership with Planetary, a mobile app that combines social media with a metaverse platform. nChain is investing £2.5 million for 25% equity in Planetary, which has a post-money valuation of £10 million.
SWALLOW Launches Metaverse Platform for NFTs and Creative Expression
SWALLOW, a company focused on creative expression and personalization, recognizes the immense potential of the Metaverse as a platform to showcase their NFTs and skins, as well as to connect users with their favourite tattoo artists and artwork. To establish a strong presence in the Metaverse, SWALLOW is leveraging its vast network of tattoo artists, its track record of successful web2 ventures, and its expertise in the NFT space. The company plans to build a dynamic community within the Metaverse, where users can network, showcase their NFTs, and participate in exclusive events and experiences. By providing a platform that connects users with tattoo artists and artwork, SWALLOW is not only offering a new and exciting way to express oneself, but also empowering artists and promoting their work to a wider audience. Overall, SWALLOW is well-positioned to become a major player in the Metaverse and redefine the way people interact and express themselves online.
Apple to Launch VR/AR Headset in Early June, Potentially Boosting Metaverse Adoption
Reports suggest that Apple's highly-anticipated virtual and augmented reality headset could fast-track the emergence of the metaverse. The new device, which could be called "Reality Pro," is expected to launch in early June and compete with other premium VR headsets.
Lifeform Completes $300M B Round Led by IDG Capital
（Cointime,15th May）Lifeform has completed its B round of financing, with IDG Capital leading the investment. The round has resulted in a $300m valuation, and IDG Capital will provide partnerships and co-build a digital citizen world with Lifeform. The platform plans to develop diverse scenarios such as GameFi and metaverse conferences with its users to create an exciting multiverse.
This funding boost is expected to help Lifeform expand its ecosystem and stay ahead of competitors. IDG Capital's investment is a significant vote of confidence in Lifeform's business model and long-term growth potential.
'The Voice' Launches Permanent Residence in Decentraland for Fans to Play Music Games and Meet Stars
The popular karaoke tournament, The Voice, has opened a permanent location in the Vegas City district of Decentraland, offering fans the opportunity to play music-themed games, meet the stars of the show, and purchase 'The Voice' wearables. This new location creates a Metaverse fan-zone where supporters of the show from all over the world can come together to share their music-themed dreams and stories. The Voice has also organized a series of games and challenges, including a musical scavenger hunt, dance competition, music maker, rhythm challenges, and music trivia, allowing avid gamers to compete in 'Battle Mode' or group competitions. This marks The Voice's second venture into Decentraland, following a pop-up venue at the Metaverse Music Festival, and solidifies its presence in the Metaverse.
Shiba Inu’s $0.001 Price Goal Contingent on Burns and Utility Catalysts
Despite being in a bear market, the Shiba Inu community is determined to achieve its goal of a $0.001 price point for the asset, which would represent an 11,173% increase from its current price. However, this goal is contingent on two catalysts: token burns and ecosystem utility. Token burns can help reduce the asset's supply and increase its value, while ecosystem utility can attract demand and adoption. Projects like Shibarium and SHIB: The Metaverse could potentially provide the necessary catalysts to achieve this goal, but it remains a difficult task. Nonetheless, the asset has already seen significant growth in the past, supported by a 410 trillion token burn, so an 11,275% increase is not impossible.
