Few years ago, people were expecting to explore and experience the digital world with advanced technologies. In that period, a section of experts believed that the technological rise will lead to mass adoption of the metaverse in the next few years. Similarly, at present, it is possible for any user
As of today, Upland and FIFA have announced a multi-year partnership that will give the Upland community and football fans around the world access to collect, trade, and own FIFA digital assets and game video highlights. Additionally, the two organizations’ shared goal is to educate fans about how the metaverse and
It has just come to light that 11,000 people, or around 13% of Meta’s staff, would be impacted by the decision. Mark Zuckerberg, CEO of Meta, made the news on the official blog. The crypto market is in disarray, and the IT sector has its own issues. Following Twitter’s big
Recently, layoffs have become more prevalent. Many firms operating in the cryptocurrency industry have started laying off employees as a means of cutting costs. Moreover, it was reported that Meta had is planning to follow suit and was getting ready for “large-scale layoffs.” Many have speculated that the Reality Labs
Rolex, the swiss luxury watchmaker, has applied for trademarks in Metaverse and NFT as per a tweet made by Mike Kondoudis, the United States Patent and Trademark Office (USPTO) licensed trademark attorney. Also, Rolex has submitted trademark registrations on cryptocurrencies. Luxury watchmaker #ROLEX has filed a trademark application claiming plans
MultiversX claims it will expand upon the Elrond Network’s established ecosystem. Companies keep investing in metaverse despite claims of low user numbers. Elrond, a company that specializes in blockchain technology, recently made the announcement that it will rebrand itself with an emphasis on the metaverse. The firm has rebranded as
The world’s first Metaseminar has been announced by the MetaMetaverse team, an open metaverse project that aims to maximize access for individuals, businesses, entities, and DAOs to create their own metaverse and govern society within its cosmic system. This announcement comes directly from MetaMetaverse CEO and Founder Joel Dietz. The
Island Shopping Mall, Mexico’s first metaverse shopping center. At this time, eighty brands have been verified. There are a number of benefits to visiting shopping centers in the metaverse. One advantage is that they can accommodate as many shops as the architects and builders can dream up. Island Shopping Mall,
The social media giant must pay $24,660,000 to settle 822 breaches. Meta has consistently raised objections to the regulations. Lately, the technology conglomerate Meta has become a hot topic of conversation. The corporation announced its earnings recently. The company’s bottom line took a serious blow due to investments in the
Facebook Reality Labs (FRL) divisions outlined a $2.8 billion loss in Q2, 2022. Shift from “Facebook” to “Meta” states Mark’s intention to get fully involved in the metaverse. Meta’s metaverse division recorded a loss of $3.7 billion in the third quarter of 2022, which is around 1 billion higher than
