Tag: Metaverse

Dubai Crown Prince Launches Metaverse Strategy — Fivefold Increase in Blockchain and Metaverse Companies Envisioned

A master plan that aims to see the number of Dubais blockchain and metaverse companies grow from the current 1,000 to 5,000 in five years, was recently launched by the kingdoms Crown Prince Sheikh Hamdan. Known as the Dubai Metaverse Strategy,......

The Central African Republic Says Sale of 210 Million Sango Crypto Tokens to Commence in Late July

The sale of the Central African Republic (CAR)’s 210,000,000 Sango coins is set to begin on July 25 and participating investors will have to buy tokens worth at least $500. In return for buying and locking in the Sango coins, investors......

E-commerce Giant Ebay Files Trademark Applications Covering Wide Range of Metaverse, NFT Services

E-commerce giant Ebay has filed two trademark applications covering a wide range of products and services relating to the metaverse and non-fungible tokens (NFT-d). Ebays NFT, Metaverse Trademark Applications Ebay Inc. (Nasdaq: EBAY) filed two trademark applications with the United States......

Tencent Launches Extended Reality Unit to Tackle the Metaverse Market

Tencent, the Chinese technology and entertainment giant, announced the creation of its own metaverse-driven division. The division, named the extended reality unit, will be the one tasked with encompassing all metaverse-driven efforts, including hardware and software developments. According to reports, the......

Former Nintendo President States Gaming Companies Are Marching to the Metaverse

Former Nintendo of America President, Reggie Fils-Aimé, believes that the gaming industry is steadily going to integrate metaverse elements into its games. Fils-Aimé thinks that established gaming companies, like Nintendo, are better suited to be leading the race for the metaverse......

Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users

Chinas anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland starting on July 15. Shortly after the announcement, Stepns in-game cryptocurrency is reported to have briefly dropped by 38%. Stepn Adheres to Local......