Orange Money Signs MoU with LivaatVerse
Metaverse gets its first-ever mobile wallet, helping users and brands to simplify the payment mechanism in the virtual world.
South Korea Aims To Become Powerhouse Of Metaverse
The government of South Korea states a $170 million fund in January to invest in the concept of virtual reality. However, its associated digital technologies set the stage for the nation’s interest in taking the lead in the so-called “metaverse world” early in 2022.
South Korea Keeps Betting on the Metaverse, Ignoring the Current Clunky Technology
South Korea’s government set the tone early in 2022 for the country’s interest in getting a lead in the so-called metaverse world, announcing a US$170 million fund to invest in the virtual reality idea and its digital technologies in January. The funds are to set the stage for the country to be in the top five nations in metaverse developments by 2026, with South Korean President Yoon Suk-yeol saying the technology is a national priority. Minister of Foreign Affairs Park Jin doubled down on that message at the forum for Global Innovation in Seoul on Dec. 9, saying the country is set to be a powerhouse of the metaverse. (forkast)
Japan Game Maker Gumi Strikes US$52 Mln Metaverse Deal With Square Enix, SBI
Japan-based game company Gumi Co. Ltd. has announced a capital and business alliance with Square Enix Holdings Co. Ltd. and financial services company SBI Holdings Co. Ltd. to accelerate the growth of its metaverse business as a secondary revenue stream. Earlier this year, Square Enix sold three of its gaming studios, including Tomb Raider, to raise funds for new ventures utilizing blockchain technology. In October, Konami announced 13 new job positions to integrate its game titles with metaverse technologies. (forkast)
Fidelity Investments Seems to Have Big Plans for Web3 and the Metaverse
According to three recent filings at the United States Patent Trademark Office (USPTO), American multinational financial services firm Fidelity Investments seems to have big Web3 plans, including NFT market places and investment services in the metaverse.
Billions Lost, Employees Cut Off — Inside the Metaverse’s Bad Run in 2022
This year may have crushed the hopes of many as the metaverse recorded a series of unfortunate events. Leading the pack is Meta’s poor outing this year. Their flagship game, Horizon Worlds, has fallen short of users’ expectations. Things got out of hand when it was revealed that Meta’s staff were unhappy with the game.
Metagalaxy Land Embarks To Emerge as a Blockchain-Based Next-Gen MetaFi Universe
Metagalaxy Land is all decked up to transform itself into a next-generation blockchain-based and highly advanced MetaFi platform. Metagalaxy Land happens to be an NFT MetaFi project and is positioned on the BSC network. It also is a highly advanced blockchain-oriented metaverse exposure platform. Through this, various genres of users and players happen to actively engage together in work-based activities. They also find themselves in the position of achieving awards for themselves, all while exploring and finding new and fresh forms of artifacts.
Newly Launched SHIB VIP Social Network Plans to Join Shibarium and SHIB Metaverse
The official account of the Shib army news site, @theshibdream, has taken to Twitter to answer some questions about the recently kicked off SHIB army VIP social network, that they have been getting often, apparently.
XANA Joins Forces With China’s Leading Art School
XANA teamed forces with Meishun Yuanjie Co, which is China’s premier art school. The goal and idea of this occurrence was to create the Experimental Base for the Metaverse Application Scene. In turn, it will play a crucial role in efficiently tying together elements linked to content development, technological advancements, scene operation, and, last but not least, in the execution of experiments involving the metaverse.
A Nation-States View of the Metaverse
Classifying metaverses as Web3-enabled, open virtual worlds with Game+ elements (interoperability, creator-centric, etc.), let’s now think big. It is possible that a lot of different metaverses eventually start acting like their own nation-states.
