This Move-to-Earn Project Takes Fitness and Gyms Into the Metaverse And CME May Be Taking Notice
The New Web 3.0 health and wellness platform Fight Out is set to revolutionize the fitness space with a new move-to-earn (M2E) model that incentivizes and rewards users for being proactive. The project is in its first presale stage and has raised over $2.79 million in its presale in a matter of weeks.
Fidelity Explores Possibilities in the Metaverse, Plans To Launch NFT Marketplaces and Virtual Real Estates
The firm filed three trademark applications in the United States covering a host of web3 products and services including, virtual real estate investments, cryptocurrency trading, and NFT marketplaces, among others. The investment giant’s latest move has kept users gleeful as they await the offerings in the metaverse.
Metaverse to Possibly Create $5T in Value by 2030: McKinsey Report
While the 2022 bear market grazed off the excitement around the budding crypto sub-ecosystems such as nonfungible tokens (NFTs), the Metaverse remains well-positioned for long-term disruption. Considering the myriad consumer and business-centric use cases the metaverse could cater to, a McKinsey & Company report highlights the technology’s potential to generate up to $5 trillion in value by 2030.
The Flawed Logic of “Mind Uploading”
What the inhabitants of this world don’t realize is that their lives in the metaverse are continuously profiled by an AI system that observes all their actions and reactions.
How Smart TVs Could Help the Metaverse Crack the Mass Market
Some of the televisions unveiled this week at the annual CES trade show purportedly make accessing metaverse worlds or non-fungible token (NFT) wallets as easy as clicking the remote, escalating a long-running race among manufacturers to produce the screens with the most bells and whistles.
Metaverse Hype Needs Real Product Success And This 'Decentraland in Space' Could be the Answer
The emergence of the metaverse has drastically changed how the world looks at human interactions, investment and work. Experts predict that innovation in this new sector could surpass the creative destruction associated with the internet while empowering the creator economy.
HTC's New Mixed Reality Headset is 'Gateway' to Metaverse: CES 2023
Taiwanese tech firm HTC launched its new Vive XR Elite mixed reality headset at the 2023 Consumer Electronics Show, billing it as a "gateway" to the metaverse.
Building a Sustainable Play-to-Earn Economy
For those who are building a true P2E economy, the million-dollar question becomes how to structure tokenomics such that a proper balance between money supply and demand of their rewards token is reached.
Animoca Brands Slashes Web3 Fund Target to US$1B
Animoca Brands Corp., a Hong Kong-based blockchain game maker and venture capitalist, has scaled down the target amount for its Web 3.0 and metaverse investment fund to US$1 billion from the initial goal of up to US$2 billion, according to Bloomberg. The company is raising around US$1 billion for its new Web3 fund within Q1 of this year, Animoca Chairman Yat Siu said during a Twitter Spaces chat hosted by Bloomberg. (forkast)
Microsoft Chief Strategy Officer Says Metaverse Is a Must-Have
Microsoft Chief Strategy Officer Henry Bzeih said that as the world moves towards a more digital landscape, a hybrid model is likely to be the future of consumer and company relationships.
