Fri, April 19

England-based Metaverse Development Firm Condense Raises $4.5M

Condense’s concept offers transmission services that are paid by time. There is a plan to establish a metaverse video study in Bristol. In its most recent round of seed fundraising, Condense, a Bristol, England-based provider of metaverse streaming technology, has secured $4.5 million. It is said that the money from

August 1, 2022 2 mins read

Hong Kong-based University Announces Metaverse Campus Launch

Institutions are discovering new uses for metaverse environments and gradually incorporating them into their daily operations. The Hong Kong University of Science and Technology (HKUST) has unveiled plans to merge its two campuses into a single virtual world. A new program, Metahkust, will allow university students from all over the

August 1, 2022 2 mins read

Metaverse Unit of Meta Records $2.8B Loss in Q2 2022 Report

During the first three months of the year, this division earned $695 million. Zuckerberg has been promoting interoperability for the metaverse. The virtual reality and metaverse section of Meta’s (Facebook) Reality Labs, overseen by Mark Zuckerberg, suffered $2.8 billion in losses. This was disclosed in Meta’s second quarter 2022 earnings

July 28, 2022 2 mins read

Metaverse Adoption Escalating Rapidly in Japan

The University of Tokyo is about to launch new courses related to the metaverse. The new metaverse course will educate learners about the working of the subject. The University of Tokyo is planning to introduce Metaverse-related courses in the educational field. According to recent reports from Japan, the University will

July 27, 2022 2 mins read

Unique Aging NFT Novatar Mint Commences Along With Immersive Virtual City

A unique collection of 25K Novatars is a one-of-a-kind creation resulting from a complex AI algorithm that considers factors such as race, ethnicity, and skin tone. Each NFT infant has distinct characteristics derived from the core nine genes. The NFT “Novatar” is quickly becoming part of a Metaverse with the

July 23, 2022 1 min read

Xiaomi Files Patent For Blockchain-based Virtual Characters

The technique predicts that each character will be different and surprising. Crypto Rabbits was the brand’s first collection of NFTs that was released in 2018. Blockchain’s decentralized and irreversible characteristics attract more businesses to use it in their new products. In a patent application, Xiaomi, a Chinese firm renowned for

July 23, 2022 2 mins read

LG Sets Foot in the Metaverse by Developing NFT

Early LG joined metaverse in December. Now LG ART LAB has registered for NFTs trademarks. Electronic giant LG is the most recent business to concentrate on the Metaverse by registering NFTs trademarks for its LG ART LAB. On July 19, registered trademark lawyer Michael Kondouis revealed the trademark applications in

July 21, 2022 2 mins read

Crown Prince of Dubai Announces New Metaverse Strategy

The metaverse would contribute $4 billion to Dubai’s economy in five years. It is hoped that future technologies will be used in Dubai to establish new job models. A new plan revealed on Monday seeks to make Dubai a worldwide center for the metaverse community and one of the top

July 19, 2022 2 mins read

Yuga Labs Releases Litepaper After Successful First Trip to ‘Otherside’

Only Otherdeed and “Selected Third-Party Developers” will be able to participate. Yuga Labs, believe interoperability is essential to the ethos of future internet. Bored Ape Yacht Club’s founders. Yuga Labs have released Otherside, a much-anticipated metaverse game platform. 4300 players, dubbed “Voyagers,” were invited to a tech demo and tour

July 18, 2022 2 mins read