Skilling Metaverse Platform Cusmat Raises $3.5 Million in Series a Round
Cusmat, an immersive skilling platform that enterprises use to upskill their industrial workforce, has raised $3.5 million in Series A round of fundraise.
Saudi Arabia, the Sandbox Agree To Collaborate on Metaverse Projects
Metaverse gaming platform The Sandbox and Saudi Arabia have come to an understanding of some sort. Details were not provided.
'Haunts Me to This Day' — Crypto Project Hacked for $4M in a Hotel Lobby
The co-founder of Web3 metaverse game engine “Webaverse” has revealed they were victims of a $4 million crypto hack after meeting with scammers posing as investors in a hotel lobby in Rome. The bizarre aspect of the story, according to co-founder Ahad Shams, is that the crypto was stolen from a newly set up Trust Wallet and that the hack took place during the meeting at some point. He claims the thieves could not have possibly seen the private key, nor was he connected to a public WiFi network at the time. (Cointelegraph)
Interpol Wants To Police Metaverse Crimes, Reveals Secretary General
The International Criminal Police Organization (ICPO), a.k.a, Interpol, is investigating how it could police crimes in the metaverse. However, a top Interpol executive believes there are issues with defining a metaverse crime.
Metaverse Tokens Show Big Gains in January With Sector Expected To Reach $5 Trillion Value by 2030
After spending a considerable portion of 2022 in the doldrums, a number of tokens in the metaverse sector have seen considerable gains over the last several weeks, with 18 of the top 20 tokens in the sector seeing gains of up +319%, over the last 30 days.
Samsung Is Preparing Its Own Metaverse Hardware in Partnership With Google and Qualcomm
Samsung, the Korean mobile company, revealed it will be joining the market of metaverse and VR (virtual reality) headsets soon. The company announced that it is already working on what it calls “extended reality” hardware, hinting at the production of a VR headset.
Meta Calls 2023 a ‘Year of Efficiency;’ Anticipates More Losses in Its Metaverse Division
Meta, the company that owns Facebook, Instagram, and Whatsapp, has shared its fourth quarter results, reporting better numbers than expected. While the company beat revenue estimates, CEO Mark Zuckerberg declared 2023 a “Year of Efficiency,” hinting at a further restructuration of the company to focus on its AI (artificial intelligence) and metaverse projects in the longer term
Can There Be More Than One Metaverse?
With the advancement of AR, VR, blockchain, and other technologies, we will likely see exciting new virtual, borderless metaverses rising.
Social Discovery Group Leads $2 Million Private Round of Web3 AI-Driven Gaming Metaverse ‘My NFT Wars’
Social Discovery Group, alongside the award-winning developers at Blockchain Cuties Universe and iLogos Game Studios, is bringing this action-packed strategy RPG to life. In a brand new open-economy gaming metaverse, you’ll have the chance to breed your own heroes, rule lands and regions, build structures, and join forces with other players in guilds. Get ready for epic battles in guild fights, arena fights, and P2P wars. With AI-backed game balance and a sustainable economy, you’re in for an unforgettable gaming experience.
Community Shapes Undeads Metaverse
Envision a world where the entertainment industry is shaped by the very audience it serves.
