Category: Metaverse

Virtual land metaverse projects such as Decentraland, Voxels, The Sandbox, and others, have experienced a significant plunge in floor prices of their NFTs between 2022 and 2023. The move down left digital collectible and non-fungible token (NFT) enthusiasts questioning the...

New research shows that the North American digital gaming market is poised for growth as emerging trends, including the metaverse and blockchain technology, reshape the industry. The digital gaming market is forecast to experience a surge in the coming years,...

Kellogg’s, the U.S. cereal giant, may have taken a step into the world of non-fungible tokens (NFTs) by filing twelve trademarks for its iconic brands. The filings, submitted to the U.S. Patent and Trademark Office (USPTO) on May 24, 2023,...

Swarovski may take a leap into the metaverse with recent trademark applications on a range of products filed on May 30. The application covers numerous products, including cosmetics and NFT verified media, signaling the brand’s ambitions to establish a presence...

Spatial computing trends, and the trends influencing both the extended reality landscape and metaverse ecosystems are closely connected. While spatial computing isn’t an entirely new concept, major market leaders like Apple believe it will shape the future of our digital...

The European Union is advancing a strategy to lead in developing virtual worlds, aiming to strengthen EU businesses and lessen reliance on non-EU technological resources. European Union (EU) lawmakers are advocating for the EU to pioneer the development of virtual...

British extended reality (XR) firm Luminous has begun expanding its operations following a generous £1 million fundraising round, Mercia Asset Management announced on Thursday. The Newcastle, England-based company will use the capital to build ten additional jobs and expand its...

Apple’s new Vision Pro MR headset, with dual processor architecture and a dozen cameras, is not likely to be a realistic purchase for the masses just yet, despite its impressive specifications. The device was announced on June 5, and is...

This month could just prove that immersive business solutions will start seeing greater media hype in the next few months leading into 2024, CES, and beyond. As 2024 continues to build up as perhaps another foundational year for XR, November...

Axie Infinity (AXS), the widely-played blockchain game and metaverse project, has unveiled a novel initiative, allowing its non-fungible token (NFT) owners the commercial rights to produce and sell authorized merchandise. This announcement coincides with Sky Mavis, the game’s developer, launching...