Metaverse Startup Gamitronics Raised $1.5 Million From Canada’s Big Viking Games
Gamitronics, the startup behind the Metaverse platform PartyNite, is in talks with investors to raise funding. The company has already raised a strategic investment of $1.5 million from Canada’s Big Viking Games.”We are gearing up for pre-Series A and are in talks with various funds. Something will close in a couple of months,” Gamitronics chief executive officer Rajat Ojha told ET. Ojha founded the company in 2017 along with Rajiv Chilaka, the CEO of Green Gold Animation, who are the creators of the popular cartoon Chhota Bheem.
Developers of NFT Gaming Metaverse Pixelcraft Studios Raise 30M From Community and Players in World’s Longest Token Sale
Pixelcraft Studios, creators of Aavegotchi, a rapidly-growing Web3 gaming protocol and community, has announced the successful completion of a multi-year long token sale, raising a total of $30 million.
How Did the First-ever Concert in the Metaverse Went?
On February 2019, the first-ever concert in the Metaverse was held by Marshmello, the popular DJ and music producer, in collaboration with Fortnite, the popular role-playing video game.
Report: China Will Become a Metaverse Tech Leader During 2023
A report issued by Globaldata, a global consulting and data analysis company, predicts that China will become a leading country in metaverse tech during 2023. The firm believes that the development of other technologies like artificial intelligence (AI), virtual reality (VR), augmented reality (AR), and 6G will allow China to configure itself as a metaverse hub.
Flying Sheep Studios Gets $1.2M in German Government Funding for Metaverse Game
Flying Sheep Studios said its Star Life title, a social massively multiplayer online (MMO) game targeted at the metaverse, has raised $1.2 million in funding from the German government.
Dubai Free Trade Zone Partners With South Korean Companies to Expand Web3 and Metaverse Business
The Dubai Multi Commodities Centre, one of the biggest free trade zones in the world, signed agreements with governments and companies in South Korea to bring more Web3 and metaverse businesses to the emirate. The objective of this move is to consolidate the status of Dubai as an international blockchain hub in the region.
Metaverse Real Estate Development: A New Frontier in Real Estate Industry
The concept of a Metaverse has been around for quite some time, but it was not until recently that it became more mainstream.
MultiversX X Tencent Cloud: An Initiative To Add Value Within Web3 & Metaverse
MultiversX happens to be extremely pleased to make its official announcement of having formed a mutually beneficial partnership with Tencent Cloud. The entity happens to be a much-respected global technology company. With this joining up together, plans are afoot for the effective utilization of the MultiversX blockchain, along with the entire retinue of products, for the scouring of fresh avenues related to value creation within Web3, as well as the metaverse arena.
Exploring Metaverse Game Development: Components, Benefits, and Challenges in 2023
The concept of the metaverse has been around for decades, but it has only recently gained mainstream attention with the rise of virtual reality and blockchain technology.
Shiba Inu Metaverse Dev Raises New Charges, BONE Falls 16%
The Shiba Inu ecosystem is currently facing numerous rumors and claims that are dismissed as FUD by lead developer Shytoshi Kusama. As Bitcoin reported earlier today, a member of the SHIB Growth team noticed that Shibarium shares the same chain ID with the lesser-known blockchain Rinia.
