News about METAVERSE

News about Metaverse

Virtual Metaverse Real Estate is completely in the toilet

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Meta offers lucrative pay packages for metaverse developers

Facebook's parent company, Meta, is offering its metaverse developers salaries ranging from $600,000 to almost $1 million, despite billions in losses for its virtual reality suite. CEO Mark Zuckerberg remains committed to Meta's long-term vision of t...

Mark Zuckerberg Abandons Metaverse as Shiny New Toy "AI" Appears

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Meta coughing up big money to developers building their metaverse

Despite turbulent times for Meta in terms of metaverse development, sources close to the company say its metaverse programmers are paid up to $1 million for their work....

Meta coughing up big money to developers building its metaverse

Despite turbulent times for Meta in terms of metaverse development, sources close to the company say its metaverse programmers are paid up to $1 million for their work....

Shiba Inu Metaverse Will Receive Major Releases Next Week

Shiba Inu metaverse advisor Marcie Jastrow assured in a comment on Discord yesterday that the project continues to make great progress and that new information will be announced soon. SHIB : The Metaverse is among the most anticipated projects on Shi...

Top 10 Metaverse NFT Projects for 2023

The metaverse is the next-generation digital world that uses augmented (AR) and virtual reality (VR) technologies allowing users to seamlessly interact using avatars, their digital twins. Mattew Ball has famously described the metaverse as a "massiv...

OKX Launches Dias Metaverse Fan Experience

OKX, a cryptocurrency exchange and Web3 technology developer, has announced the launch of a metaverse fan experience in collaboration with Manchester City footballer Rúben Dias. The immersive experience allows fans to virtually experience Dias’ favor...

OKX launches metaverse training session with football star Rúben Dias

The experience will allow fans to connect with Dias, and experience training techniques and coaching tips in virtual reality. Cryptocurrency exchange and Web3 technolo...

‘AI Tools Will Provide Very Interesting Enhancements for the Metaverse’ — Upland Co-Founder

According to Dirk Lueth, co-founder of the Upland Metaverse, the colonization of the metaverse by tech giants and the building of so-called “walled garden systems” is not sustainable. Lueth argues that instead of “locking users in,&...

Meta's Metaverse Disaster: Thousands Fired, Projects Abandoned. But "It's Still the Future"?

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Disney Reportedly Axing Metaverse Division Amidst Company Restructuring

The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storyte...

AI makes the metaverse safer and more inclusive: The Sandbox co-founder

AI continues to be more pervasive in emerging technologies, and according to a co-founder of The Sandbox, it will make digital spaces more inclusive places. Artificia...

Disney to lay off 7,000 staff, shuts down metaverse division | Bye Metaverse

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Yuga Labs’ Otherside Metaverse Releases A 2D Strategy Game

The Bored Ape Yacht Club’s (BAYC) parent company Yuga Labs has released Legends of the Mara, a collection-based 2D strategy game with its companion collection. The game allows Otherdeed holders and players to claim a free Vessel and discover it...

Disney Aborts Metaverse Arm, 7,000 Employees To Lose Jobs

Disney’s foray into the metaverse has come to an abrupt end as the entertainment giant has reportedly shuttered its entire metaverse division. In a bid to streamline its business and curb costs, the company is slashing 7,000 jobs, including th...

Disney Lays Off Metaverse Team: WSJ

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Disney disbands its metaverse team amid large layoff

Disney had picked Polygon for the metaverse project. Disney was targeting NFTs for its next-generation storytelling and consumer experiences. The company is currently in the process of streamlining its business. Disney started developing a metavers...

Disney reportedly scraps its metaverse division

The metaverse division was initially created to work on new ways of engaging Disney’s audience. Entertainment giant Disney has reportedly ditched its metaverse divisio...

Disney Scraps Metaverse Division As Virtual Worlds Become Yesterday’s Tech Fad

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To be or not to be: Ethics, democracy and morality in the nascent metaverse

If human interactions in digital reality should mimic those of real life, this raises questions as to what and who will dictate important moral judgements and ethical standards....

Animoca Brands refutes claims of scaling back metaverse fund target and plummeting valuation

Animoca Brands denied reports of scaling back its metaverse fund target by $200 million and a decrease in valuation from $6 billion to $2 billion. The firm acknowledged the impact of banking collapses but stressed that fundraising is still ongoing. (...

Animoca Brands Cuts Metaverse Fund Target to $800M

Animoca Brands, a Hong Kong-based developer of blockchain gaming technology, has reduced its target for its metaverse fund by 20% to $800 million due to volatility in the crypto sector. The company's market capitalization has also fallen from $6 bill...

Animoca Brands refutes claims of scaled back metaverse fund and plummeting valuation

Venture capital firm Animoca Brands denies claims of reducing its metaverse fund target by $200 million and a significant drop in its valuation, citing inaccurate reporting. The firm acknowledges the impact of banking collapses on fundraising but sta...

Animoca denies reports of $200M cut to Metaverse fund and valuation drop to $2B

Speaking with Cointelegraph, Animoca co-founder Yat Siu noted that given the source’s anonymity, it “makes it difficult to ascertain exactly who or what the source or agenda is.”...

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