The company announced in November 2022 that it was working on a new Animoca Capital fund with a target of $2 billion but then halved that target in January 2023.
What is the metaverse? On a broad level, one metaverse definition might essentially describe the metaverse as an ongoing interoperable digital world filled with interactions, assets, experiences and other features that overlap with real life. The metaverse exists in various forms. One metaverse example might include a digital virtual reality world in which users own valuable items, represented as nonfungible tokens (NFT) that can be sold and transferred in the real world outside of that particular metaverse.
“The metaverse” can be used to describe all metaverse sub-categories in general. A specific metaverse, on the other hand, might be something such as a single specific metaverse NFT game, complete with metaverse real estate (digital real estate in that metaverse).
Eche Emole, the co-founder of Afropolitan, explains how the nation-state experiment has failed, especially in Africa, and how blockchain can be used to reimagine a new state.1514
After an eventful opening day spanning the impact of Web3 and its growing adoption, Cointelegraph is all set to bring key updates from the second day of PBW Summit.10593
The Big Four accounting firm is betting on immersive experiences and other Web3 solutions to address various corporate needs.3975
A group of professionals in Web3 took to the Venus de Milo stage at Paris Blockchain Week 2023 to discuss the dos and don’ts of metaverse regulation.2163
With the rising popularity of Web3 and the metaverse, songwriters and musicians are wondering what music licensing will look like in this new space.1858
Author Neal Stephenson said that many Web3 problems come from projects wanting to financialize everything very quickly.7560
Turmoil in traditional finance spilled over into Bitcoin and crypto markets, forcing federal regulators to step in.6369
Meta discontinues NFT services on Instagram and Facebook, and Binance NFT marketplace adds support for trading NFTs on the Polygon blockchain network.2213
Nissan has recently filed four new Web3 trademarks for its Infiniti, Nismo and Nissan brands.14043
With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the metaverse ecosystem.14627
As contemporary society continues to digitize, life in the metaverse raises the same timeless questions about what happens after death.2167
The Heterosis project allows users to collect breedable, dynamic NFTs of digital flowers, all housed in a metaverse rendition of London’s National Gallery.2052
Innerworld CEO Noah Robinson and grammy-nominated singer-songwriter Jewel spoke with Cointelegraph to explain how mental health support systems thrive in virtual reality.7733
Margrethe Vestager, the competition commissioner, stressed the need to anticipate and plan for changes in technological advancements.8582