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PCCW, HKT Becomes 1st Hong Kong-based CMT to Join the Metaverse
metaverse

PCCW, HKT Becomes 1st Hong Kong-based CMT to Join the Metaverse

PCCW and HKT have become the first Hong Kong-based communications, media and technology (CMT) organisations to join the metaverse following a partnership with The Sandbox.

Qualcomm Announces $100m Metaverse Investment Fund
metaverse

Qualcomm Announces $100m Metaverse Investment Fund

Qualcomm's fund will go to companies building the metaverse using augmented reality, mixed reality or virtual reality.

Safety Groups Urge Meta to Halt Minors from Joining Metaverse
metaverse

Safety Groups Urge Meta to Halt Minors from Joining Metaverse

Safety groups have written a letter to Mark Zuckerberg’s Meta, asking the social media giant to cancel its plan of allowing teenagers and young adults to join its metaverse app, Horizon Worlds. The groups argued that minors would face potential risks, including harassment and privacy violations on the virtual reality app.

Tron Filmmaker Donald Kushner Creates Cryptosaurs in Metaverse & NFT Collections
metaverse

Tron Filmmaker Donald Kushner Creates Cryptosaurs in Metaverse & NFT Collections

Filmmaker and creator of the classic American tech film Tron, Donald Kushner, and his Gumbotron production team teamed up with Forj, a subsidiary of Animoca Brands, to create a new metaverse called Cryptosaurs and launch a related NFT collection.

OKX and Manchester City’s Rúben Dias Debut ‘Train Like Dias’ Global Metaverse Training Experience
metaverse

OKX and Manchester City’s Rúben Dias Debut ‘Train Like Dias’ Global Metaverse Training Experience

OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, today debuted ‘Train Like Dias’ its first ‘OKX Collective’ immersive metaverse fan experience featuring OKX ambassador and Manchester City player Rúben Dias.

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

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.

Meta offers lucrative pay packages for metaverse developers
metaverse

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 the metaverse, even after the division responsible for its development recorded its largest yearly loss of $13.7 billion.

XVI Citizens to Introduce 16 Personalities as NFTs
metaverse

XVI Citizens to Introduce 16 Personalities as NFTs

The 16 Personalities idea is turning into non-fungible tokens (NFTs) and entering the metaverse for the first time through the XVI Citizens project.

Beijing Launches Two-Year Metaverse Development Plan
metaverse

Beijing Launches Two-Year Metaverse Development Plan

Beijing has announced plans to accelerate the development of metaverse within all its corresponding districts.

Invesco Unveils Metaverse Fund to Tap into £1.4 Trillion Opportunity
metaverse

Invesco Unveils Metaverse Fund to Tap into £1.4 Trillion Opportunity

Invesco has launched the fund to invest in startups building the metaverse. The fund will invest in large, medium, and small-scale businesses worldwide.

Affyn Unveils Singapore As First NEXUS World Metaverse City
metaverse

Affyn Unveils Singapore As First NEXUS World Metaverse City

In addition to its ongoing Flag sale, Affyn is advancing its NEXUS World metaverse, revealing Singapore as the inaugural metaverse city of Affyn’s NEXUS World. The first metaverse city features 2,000 plots of Freehold Land NFTs, with many more cities to be unveiled in the coming months.

Samsung Plans to Develop Top-Notch Metaverse Devices to Foster Accessibility
metaverse

Samsung Plans to Develop Top-Notch Metaverse Devices to Foster Accessibility

Samsung Electronics has revealed plans to make the metaverse more accessible by developing innovative devices as it sees it as a new business model.

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