Tommy Hilfiger to Launch First-of-Its-Kind Multi-Metaverse Hub
Tommy Hilfiger is taking a step towards interoperability with a multi-metaverse hub that will premiere during Metaverse Fashion Week. Bringing together key metaverse destinations Decentraland, Roblox, Spatial, DressX and Ready Player Me, from 28 to 31 March, Tommy Hilfiger will open a space within Decentraland that includes connections to all these other platforms. This will allow the brand to find out how users respond when they can access the same brand across different platforms.
Crypto Morning Briefing: UK Crypto Promotions Laws Hoped to be in Place by Late 2023
North Korean Group Used Crypto To Launder Stolen Funds, Intelligence Firm Mandiant Says; Sam Bankman-Fried Faces New U.S. Indictment Over Chinese Bribery; Walt Disney Reportedly Scraps Metaverse Plans
Walt Disney Reportedly Scraps Metaverse Plans
Walt Disney has scrapped its plans for a metaverse. The metaverse is a virtual world where users can interact with each other and digital assets in a fully immersive environment.
Crypto Evening Briefing: China To Upgrade National Blockchain Standards by 2025
The Chinese government has been proactively pursuing advancements in its blockchain sector and aims to upgrade its industry development standards by 2025.
Metaverse Construction Firm LandVault Extends Series B With $3 Million Raise
LandVault, a company that bills itself as a metaverse construction firm, extended its Series B funding round, raising $3 million from the likes of The Sandbox, the Gemini Frontier Fund, HodlCo and hedge fund Kingsway Capital.
Polygon (MATIC/USD) Price Dips As Disney Abandons Metaverse Project
Polygon (MATIC/USD) price has continued to decline following the latest disappointment in the blockchain industry. The price fell to a low of $1.03, the lowest level since March 11, dropping by over 15% from its highest level this month.
Disney Nixes Its Metaverse Team: WSJ
The Walt Disney Company has nixed its metaverse team as part of a wider round of layoffs, according to a report by the Wall Street Journal citing people familiar with the situation.
iPollo Has Released a Metaverse Evaluation Reference Criteria System
iPollo public chain has released a Metaverse Evaluation Reference Criteria System to provide relevant reference criteria for the Metaverse space from 9 aspects such as technology, economy, art, function, etc. This criterion will be used for a series of training in iPollo Metaverse Institute to enable metaverse builders to understand and utilize this Evaluation Reference Criteria System. The Metaverse Space is different from other 3D scenes such as games, and it must first achieve persistence, according to iPollo chief scientist Marvin. The Reference Criteria are designed to land technical implementation details for the Metaverse Space, which involves avatars and objects with AI capabilities. iPollo expects to receive suggestions from the metaverse development community to support and continuously improve the Criteria.
Japanese Telecom Carrier KDDI Joins Oasys Gaming Blockchain
Japanese telecom KDDI Corp. has joined gaming blockchain network Oasys, aligning itself with companies such as Square Enix Holdings Co. and Sega Sammy Holdings Inc. that are exploring the so-called metaverse.
Disney Cuts Metaverse Unit and Plans To Lay Off 7,000 Employees
The first group of Disney employees being laid off will be notified this week, followed by two additional groups before the start of the summer, according to a staff memo seen by multiple outlets.
