BlackRock Issues Metaverse Thematic ETF
BlackRock becomes the latest ETF issuer in the United States to launch a thematic equity fund aimed at companies around the world that are shaping the evolution of the metaverse. The expense ratio of the NYSE Arca-listed iShares Future Metaverse Tech and Communications ETF (IVRS US) is 0.47%.
Tech Giant Globant Believes the Metaverse Will Have Its Make or Break Moment in 2023
Globant, a Luxembourg-based tech giant with Argentine origins, has referred to the short-term future of the metaverse in its latest Tech Trends report. According to the company, this year the metaverse will “burn bright or burn out,” as it needs to show its potential when compared to other trendsetting tech like artificial intelligence.
Crypto Evening Briefing: Hong Kong Plans To Let Retail Sector Trade Larger Crypto Tokens Like Bitcoin
Hong Kong outlined a plan to let retail investors trade digital tokens like Bitcoin and Ether, taking a major step toward its goal of becoming a crypto hub in a policy shift that contrasts with a crackdown in the US.
The ChatGPT Hypothesis for the Future of the Metaverse
There is a growing need to consider the long-term prospects of the Metaverse as well as how it may be used with other technologies, such as ChatGPT, to improve and alter the user experience as it develops.
Chinese Tech Giants Tencent and Bytedance Plan Cuts in Their Metaverse Divisions
According to reports, Tencent and Bytedance, two Chinese tech giants, are planning to execute a significant number of job cuts in their metaverse divisions. Tencent recognized it is making some staff adjustments, amidst rumors of hundreds of layoffs in its extended reality division, while Bytedance is also planning to cut staff in Pico, its metaverse headset subsidiary.
New YouTube CEO Is Bullish on Web3 Tech Like NFTs and the Metaverse
After serving as YouTube’s Chief Product Officer for over seven years, Neal Mohan was appointed last week to lead the Google-owned streaming platform after former CEO Susan Wojcicki said she’d be stepping down.
Colombian Court Holds Hearing in the Metaverse
Colombian courts held one of the first judicial hearings using metaverse tech. María Victoria Quiñones Triana, the magistrate of the Magdalena court, approved the realization of this hearing, using Horizon Worlds technology provided by Meta and virtual avatars to represent participants in the process.
Aftermath Islands Metaverse Launches AI-powered Non-Player Characters (NPCs)
Aftermath Islands, a virtual world made of highly realistic theme-based islands and communities, has announced the launch of its artificial intelligence (AI) powered Non-Player Characters (NPCs) for the metaverse players. According to the Aftermath Islands developers, the AI-powered NPCs are capable of providing fully interactive conversations and experiences for both players and commercial entities within the Metaverse.
The Sandbox Forms a Partnership With TOEI ANIMATION
The Sandbox is now extremely happy to be teaming with TOEI ANIMATION, an outstanding pioneer in Japanese animation. With this collaboration, they will now work together to create experiences for The Sandbox Metaverse based on the intellectual properties that TOEI ANIMATION owns.
5 Best Metaverse Technologies to Checkout in 2023
The Metaverse is quickly becoming a major talking point in the fields of technology, sociology, as well as economics.
