Category: Metaverse

[ad_1] OpenSim virtual land area continued to increase this month, adding 942 new regions since we reported the stats, as well as registering 4,098 new users. However, the number of active users fell by 3,806 this month as the December...

[ad_1] Like the real-life exhibition, Gucci’s new initiative with The Sandbox lets visitors explore the brand’s history. While the hype surrounding the metaverse seems to perish, the famous Italian luxury fashion brand Gucci is doubling down on its virtual reality...

[ad_1] This week, reports from BussinessInsider highlighted how Microsoft is closing down Project Airsim, an AI ambition tied to the firm’s Industrial Metaverse roadmap. As part of the closure, Microsoft is also laying off the project’s employees as it plans...

[ad_1] (Image by Maria Korolov via Midjourney.) Last Friday, AltspaceVR announced that will be shutting down its virtual environment in March. AltspaceVR was a consumer-focused immersive space that could be accessed either via the desktop or through a virtual reality...

[ad_1] Key Takeaways Singapore-based phygital collectibles firm has raised $20 million in Series A funding round East Ventures, the Jakartan venture capital led the funding round The latest round will enable Mighty Jaxx to make a foray into the metaverse...

[ad_1] Hoping to reignite interest in the virtual world, The Sandbox metaverse is launching a new virtual neighborhood called Cinerama. With Cinerama, users can sign up to buy and turn their digital properties into opportunities to collaborate, share ideas, and...

[ad_1] IGS 2023 wrapped up last week, tipping off a monumental event filled with XR innovation across a series of industries. The event concluded just in time for the launch of AWE this week, which equally sees the XR community...

[ad_1] (Image by Maria Korolov via Midjourney.) Samsung, in partnership with Qualcomm and Google, has announced plans to develop a new extended reality product. XR is a term that encompasses virtual reality, augmented reality, and mixed reality technologies. I myself...

[ad_1] 77% of U.S. consumers don’t want Meta-owned metaverse… 24 Key Takeaways 87% of the respondents prefer a decentralized blockchain-owned metaverse. Gaming tops the list of reasons why consumers will spend time in the metaverse. LAGOS (CoinChapter.com) — A new...

[ad_1] A consultation paper dated October 2023 shares the Financial Services Commission (FSC) of East African country Mauritius started collecting feedback about the inclusion of metaverse within the financial services industry. Over the month of November, the FSC will gather...