(VRfun18) SuperWorld & MONOGRAMA Give Back Through Blockchain & NFTs

The GUARDIANS ️ Project uses AR to bring attention to at-risk communities in the Amazon Rainforest.Last week, social impact DAO MONOGRAMA, in tandem with SuperWorld, launched a groundbreaking NFT art event to commemorate and celebrate the indigenous Pater Surui and Cinta Larga communities of the Amazon Rainforest. The GUARDIANS Project features work from over 60…

(VRfun18) Robotics Manufacturer Kawasaki Joins Microsoft’s “Industrial Metaverse”

The “metaverse” is a buzzword being dropped next to all sorts of industries but for the most part, they’ve been promoted as social/gaming spaces. Microsoft held its annual Build conference this week with CEO Satya Nadella discussing its far different vision, an “industrial metaverse” that’s welcomed Kawasaki into the fold. Now, unlike most other metaverse…

(VRfun18) Did Meta Sell 1.5 Million Quest 2s in Q1?

As you may have heard, Meta announced Q1 earnings last week. And the results were better than the previous quarter, when it announced negative user growth for the first time for its flagship property, Facebook. To its relief, user growth moved back into positive territory in Q1.Counterbalancing that positive news were widening losses in Meta…

(VRfun18) Kongregate Creates $40m Web3 Dev Fund With ImmutableX

Web gaming platform Kongregate has been gradually moving towards a more Web3 centred approach, planning to release 8-bit inspired metaverse The Bitverse as well as blockchain game Blood Vessels. Delving further into the Web3 space, Kongregate has announced a new $40 million blockchain gaming fund in collaboration with crypto solution provider ImmutableX. Image credit: Kongregate…

(VRfun18) Metaverse Mania: Why Now?

As we enter a new year, it’s time for our annual ritual of synthesizing the lessons from the past twelve months and formulating the outlook for the next twelve. This has been an action-packed year for AR & VR as the world slowly emerges from the grips of a pandemic.Moreover, 2021 was marked by the…

(VRfun18) Metaverse Weekly: The Vulnerability & Bottleneck of Centralized ISPs to Metaverse Expansion

Billions of individuals around the world access the internet each and every day through internet service providers (ISPs). These ISPs have created partnerships and developed the infrastructure to power access to the internet around the world. To access the internet, regardless of what equipment an individual may have, it requires a connection through an ISP.…

(VRfun18) Nreal Air AR Glasses Coming to UK This Spring via EE

Finally, after being made available in plenty of territories worldwide Nreal will soon sell its augmented reality (AR) glasses in the UK. Just like in countries such as Japan and the US, the latest Nreal Air will be made available in the UK via a mobile carrier – in this instance an exclusive deal with…

(VRfun18) VC Roundup: Gaming, crypto fintech and blockchain infrastructure dominate venture capital rounds

Cryptocurrency markets remain caught in a macro-based downtrend, with Bitcoin (BTC) and Ether (ETH) showing further signs of weakness at the end of April. But, venture capital activity in the crypto and blockchain sectors is the strongest it has ever been, offering further evidence that major investors are looking beyond immediate price action and ignoring…

(VRfun18) Metaverse Weekly: An Overview of the Digital Real Estate Boom

The metaverse is firing on all cylinders so far in 2022, with numerous global corporations flocking to the space. A particularly valuable part of this new emerging digital economy is none other than real estate. Land ownership inside the metaverse is becoming exceptionally popular, with some virtual land plots selling for millions of dollars. Land…

(VRfun18) Meta to launch metaverse hardware store, Elon Musk buys Twitter for $44B, and ApeCoin pumps to new highs: Hodler’s Digest, April 24-30

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekElon Musk buys Twitter for $44B — crypto industry reactsEccentric billionaire Elon…

(VRfun18) Vampires Meet Web3 in Kongregate’s Blood Vessels This Year

Mobile game developer and publisher Kongregate is well-known thanks to its online gaming platform Kongregate.com but the company has designs for the growing Web3 sector. This week sees the reveal of Blood Vessels, a vampire-themed community storytelling experience due to arrive later in 2022. Blood Vessels Hybrid Male NFT. Image credit: Kongregate Created by Electric…

(VRfun18) Berlin-based football app enters the metaverse following $300M fundraiser

OneFootball, a German football media application, has raised $300 million in a Series D round to grow the company’s presence on Web3 and develop new features on its platform.According to a Thursday announcement, OneFootball and nonfungible token (NFT)-centric Animoca Brands created a joint venture called OneFootball Labs. The new platform will “enable clubs, leagues, federations…

(VRfun18) VR Metaverse for Enterprise Remio Raises $4.5 Million

Talk around metaverse’s tend to involve gaming and creator economies rather than enterprise applications, which generally fall into collaboration platforms. Aren’t the two mutually equal you may ask? Well, Remio is one such platform aiming to bridge that gap, announcing a $4.5 million USD Series Seed round to help tap into this growing market. Image…

(VRfun18) Exploring New Kinds of Spatiality

Throughout the course of our lives, we project who we are in various different ways — from our taste in music, movies, fashion, video games, personal possessions and of course, the spaces in which we inhabit. Our personal environments — whether they’re our studio flats, our dorm rooms or our penthouse mansions — play a…

(VRfun18) Why decentralized telecommunications is necessary to make Web3 a reality

The world knows the public internet as the best transport network and the backbone of their daily routines. However, if one looks closely, the internet is far from perfect, with many considering the network untrusted and its usage synonymous with poor reliability and performance issues. Although these faults were once overlooked, the impending Web3 revolution…

(VRfun18) METAVERSE: THE FUTURE OF THE E-COMMERCE

What’s better than next day or same day delivery? I hear you saying it is nowadays’ hot topic of Q-commerce businesses promising delivery under 10 minutes (like GoPuff, Getir etc.).Let’s push our imagination more for a better option and try to think about the instant delivery concept where customers are able to use/experience the product…

(VRfun18) Metaverse Weekly: Ape’s, Chikn’s & a Whiff of Meta

Over the past week, numerous announcements, partnerships, and developments have been announced that have the potential to impact the metaverse space. The market cap of the metaverse cryptocurrency sector ends the week hovering around ~$29 billion USD. Most of the sector was down in price over the past week, though recently released ApeCoin (APE) ended the…

(VRfun18) Metaverse Weekly: Ape’s, Chikn’s & a Whiff of Meta

Over the past week, numerous announcements, partnerships, and developments have been announced that have the potential to impact the metaverse space. The market cap of the metaverse cryptocurrency sector ends the week hovering around ~$29 billion USD. Most of the sector was down in price over the past week, though recently released ApeCoin (APE) ended the…

(VRfun18) ‘Web3 offers us the promise to rearchitect the internet,’ says NFT.com Founder Jordan Fried

Nonfungible tokens (NFTs) experienced a record-breaking year throughout 2021 in which sales volumes surpassed $14 billion, avatar collectibles permeated the mainstream market to become cultural status symbols, and avant-garde utility sparked innovative Web3 opportunities for a panoply of industries. Despite a retracement in financial and emotional fortunes in the opening quarter of 2022, expectations within the…

(VRfun18) NFT Avatar Startup Genies Raises $150m on $1 Billion Valuation

No matter which virtual world (or metaverse) you spend your time in they all need avatars, a way for players to digitally represent themselves whilst offering a way to creatively express one’s self. Last week, 3D avatar startup Genies announced a Series C investment of $150 million USD to expand upon its Web3 vision. Image…

(VRfun18) Memecoins eye major revamps in an effort to return to their former glory

Memecoins briefly took the cryptocurrency market by storm in 2021 after steady attention and shilling from big-name influencers like Elon Musk and Mark Cuban helped propel coins like Dogecoin (DOGE) to 100x gains. As one should expect, in the crypto market, rapidly rising prices have a tendency to reverse course just as fast and many of…

(VRfun18) Spotify vs. Audius: The Future of Music Streaming in Web3

Within the last decade, we’ve seen streaming platforms become a multi-billion dollar industry — effectively upheaving the mechanics of the music business and cannibalising formerly-popular alternatives to online listening. This includes peer-to-peer file-sharing platforms and other popular music marketplaces (such as iTunes, Soundcloud and Bandcamp). Photo by © Tada Images – Shutterstock.com With a total…

(VRfun18) Women in the Metaverse: Anna Fomenko of Fancy Bears Metaverse

Amid the many NFT projects that have become part of a now-meteoric trend, one that’s currently on the rise is Fancy Bears Metaverse — a project and DAO that’s made artists, top athletes, celebrities and even Nobel prize winners a part of its expanding community. Currently, the estimated value of the assets within the Fancy…

(VRfun18) How to use Minecraft to understand the Metaverse and Web3

What is the Metaverse?The Metaverse is a term coined by Neal Stephenson in his 1992 science fiction novel Snow Crash to describe a future virtual reality-based online world. Some have gone as far as pronouncing Stephenson’s novel a prediction of the future.Before you agree that it’s some mystical peek into the future and invoke the…

(VRfun18) An Epic Journey to Shape the Future of the Metaverse

It seems like there are so many companies currently vying for metaverse supremacy. Between small startups and gaming mega-corporations, there surely won’t be space for everyone at this table. Believe the hype or not, the metaverse is a promising opportunity for all; for the everyday user, a unique chance to connect socially and experience entertainment…

(VRfun18) Moonbirds fly into NFT top spot with $290M sold in four days

The freshly launched Ethereum-based “Moonbirds” nonfungible token (NFT) project is soaring to the top of the trade volume charts after generating $290 million worth of sales in just four days. There are 10,000 computer-generated pixel owl avatar NFTs in total, which were promptly sold out on Saturday for a mint price of 2.5 Ether (ETH)…

(VRfun18) Animoca Brands buys major stake in Aussie digital services agency

Nonfungible token (NFT) investment giant Animoca Brands has acquired a significant stake in the Australian digital marketing agency Be Media. Be Media has locations in Perth, Melbourne and Sydney and has provided Web2 firms with advertising and digital strategy since 2013. While the company isn’t geared toward the crypto sector, the investment seems to be…