Playoffnations Raises €1 Million Led by Angels for Expansion of Virtual Spaces to Latam and US
Spanish company Playoffnations has raised €1 million in an investment round led by <a href="https://www.angelscapital.es/">Angels</a>, the investment company of Juan Roig, to expand its virtual spaces to Latin America and the United States.Other investors, including Tom Horsey and Albert Botet, also participated in the round.
Crypto Evening Briefing: Crypto Regulation by Enforcement Is ‘Really, Really Bad,’ Says Binance CEO
Binance CEO Changpeng Zhao has said that regulation, rather than lack of clarity, is a better option for the crypto industry. However, he added that regulation by enforcement is bad.
Getaverse Has Successfully Closed a Funding Round With ChainUp
Getaverse, a metaverse ecological service platform based on the web3 digital authentication engine, announced that they have successfully closed a funding round with ChainUp.
France’s Metaverse Consultation Seeks Input on Alternative to Tech ‘Giants’
The French government is seeking public comment on the "virtual immersive universe" known as the Metaverse to shape a strategy for the sector and offer an alternative to international giants. The Directorate General for Enterprise issued a consultation calling upon companies, citizens, associations, and researchers to answer a series of questions regarding "virtual spaces." The consultation aims to allow the public to express their expectations on how to anticipate Metaverse technology and offer an alternative to the virtual immersive universes currently offered by international giants. The consultation provides different questionnaires for citizens, businesses, associations, and researchers, all mainly centered around the level of knowledge surrounding virtual spaces, the extent of the demand for such spaces, and any potential challenges involved. This comes after a group of industry professionals discussed how regulators might interpret the Metaverse and how businesses can enter it at Paris Blockchain Week. The consultation provides an opportunity to question the relevance of the Metaverse and create a set of rules and ethical standards.
Hong Kong Financial Secretary to Chair Web3Hub Fund Supporting Web3.0 Companies
Hong Kong Financial Secretary Paul Chan Mo-po will serve as the Chairman of Web3Hub Fund, which will support more overseas Web3.0 companies to settle in Hong Kong. The fund will be managed by a committee of experts from the fields of fintech, blockchain, and cryptocurrency. The establishment of the Hong Kong Web3.0 Association was also announced on April 11. The fund will collaborate with organizations such as the Hong Kong Science and Technology Park and the Innovation and Technology Bureau to provide one-stop services for overseas Web3.0 companies.
France Publishes Metaverse Consultation, Seeking Alternative to Dominance by Web Giants
The French Economy Ministry wants to stop dominance by international internet giants in the metaverse, according to a consultation published Tuesday.
Shiba Inu's Metaverse Will Partially Open by 2023-End, Developers Say
Shiba Inu developers have announced plans to launch SHIB: The Metaverse, a project that expands the utility of the shiba inu (SHIB) ecosystem, by December 2023. The Metaverse will feature 100,595 plots of land that will be minted by users, allowing landowners to generate passive income, collect in-game resources, and generate rewards. Users can create humanoid dog avatars to explore, visit, and interact with lands and contribute to the in-game economy. The metaverse will be developed in Shibarium, an upcoming layer 2 network that uses Shiba ecosystem tokens, such as bone (BONE) and (LEASH).
SinVerse Secures Strategic Partnership and Investment From DWF Labs To Drive Web-3 Gaming Industry
With the strategic partnership and investment from DWF Labs, SinVerse Studios is poised to elevate its game to the next level with the pioneering development of the first-ever Web-3 Gaming console, The NFT Cube.
Shiba Inu Metaverse Advisor Highlights Team’s Major Focus As ‘Something is Brewing’
Shiba Inu metaverse advisor, Marcie Jastrow, has revealed the major focus of the metaverse team is developing an efficient UI/UX for Shib: The Metaverse to make it frictionless for users. She also highlighted the team's focus on introducing businesses to the Shiba Inu ecosystem. The statement comes after an influencer poll highlighted the important needs for Shib: The Metaverse, with graphics receiving the highest vote. Jastrow described the poll as interesting but emphasized that accessibility for all was crucial. In other news, Jastrow reacted to a viral photo of a meeting involving the metaverse team, stating that "something is brewing" in the Shiba Inu ecosystem, although there is no hint about what was discussed in the meeting.
Decentraland's 90% Price Drop: Singaporean Singer JJ Lin Faces 91% Loss on Virtual Real Estate Investment
April 9 (Cointime) - The median transaction price on Decentraland, a metaverse real estate platform, has experienced a significant decline, falling from $45 in 2022 to $5 – a drop of almost 90%.
