Virtual reality Financial News

28.11 / 17:49

business Technology Adoption virtual reality Frontier Metaverse is a new frontier for earning passive income

When new technologies and platforms are created, there are incredible discovery phases in which economic activity eventually picks up and starts taking shape. The metaverse is arguably in that discovery phase, with many entrepreneurs finding ways to earn passive income on it.

21.11 / 10:35

business Blockchain Disney virtual reality Disney brings back Bob Iger as CEO: Here's the crypto connection

Metaverse-backer Bob Iger has announced a surprise return to his former role as CEO of Disney, taking over from now-former CEO Bob Chapek.

21.11 / 09:45

NFT virtual reality Marketplace Royalties Nifty News: Chinese firms to offer World Cup metaverse viewings, X2Y2 backtracks on royalties, and more

China-based technology companies are reportedly working on tech that would give Chinese soccer fans the ability to watch the FIFA World Cup within the Metaverse.

15.11 / 07:17

business Apple Report virtual reality Apple job listings and patents hint at foray into ‘3D mixed-reality world’

Technology giant Apple appears to be working towards the development of a metaverse-sounding “3D mixed-reality world,” according to related patent filings and recent job postings.

31.10 / 08:43

business Facebook Adoption virtual reality Facebook became Meta one year ago: Here's what it’s achieved

It’s been just over a year since social media giant Facebook rebranded as Meta at the Facebook Connect conference on Oct. 28, 2021.

30.10 / 14:39

business Facebook Adoption virtual reality PUMP FTX CEO dissects Mark Zuckerberg's intent to pump $10B/year into Meta

Facebook’s rebranding into Meta was Mark Zukerberg’s latest attempt to retain dominance in the social media world of Web3, specifically, the Metaverse. On the occasion of Meta completing one year on the rebrand, Sam Bankman-Fried (SBF), the CEO of the crypto exchange FTX, shared his thoughts on the rebranding and what it means for the future of Meta.

25.10 / 11:09

Blockchain NFT virtual reality epic A new metaverse is vowing to deliver epic game battles in an immersive virtual world

Moonland will allow users to create their own avatars, and explore new cities.

24.10 / 10:53

Blockchain Gaming virtual reality play Q&A: Play-to-earn mechanics 'kill' blockchain games — so what's the answer?

The play-to-earn boom has left many blockchain games on the scrapheap because they relied upon unrealistic tokenomics.

21.10 / 09:01

business NFT virtual reality Metaverse Metaverse trading volume plummeted 80% but hype hasn’t decreased

Third-quarter trading volume for the top 10 Metaverse projects may have fallen 80% compared to the second quarter, but analytics firm Dappradar suggests that interest in virtual worlds still remains.

19.10 / 23:11

NFT Gaming virtual reality Web3 gaming metaverse aims to revolutionize GameFi

GameFi is one of the hottest buzzwords in crypto right now — but winning over players has proven to be a bit challenging.

17.10 / 15:09

Facebook Technology Adoption virtual reality Future Quest Pro VR headset raises privacy concerns for Meta’s future in metaverse

Meta, the parent company of Facebook and Instagram, announced its latest virtual reality (VR) headset at the Meta Connect 2022 event on Oct. 11. The company introduced new features to enhance digital avatars, which raised privacy concerns regarding data collection.

07.09 / 16:23

Art NFT virtual reality Metaverse Future The metaverse is the future — but are current platforms failing users?

The metaverse has potential to transform the way we work, socialize, party and even do business — but looking at the infrastructure that exists right now, and some would accuse this industry of running before it can even walk.

01.09 / 03:39

business Adoption Digital virtual reality Hermès reveals plans for Metaverse fashion shows, crypto, and NFTs

Luxury brand Hermès is laying the groundwork for its entrance to Web3 after filing a trademark application covering NFTs, cryptocurrencies, and the Metaverse.

08.08 / 17:51

markets virtual reality Real Estate Sandbox Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest

The metaverse sector is witnessing its very-own housing crisis moment, thanks to massive declines in the prices of its virtual lands in 2022, led by waning users' interest and a crypto bear market.

05.08 / 17:09

Kucoin NFT virtual reality Metaverse Major crypto exchange announces its arrival in the metaverse

One of crypto's best-known and largest exchanges has announced its arrival in the metaverse.

03.08 / 05:39

Blockchain education virtual reality Books Textbook publisher wants to use NFTs to skim the used-textbook market

Textbook publisher Pearson has revealed its plans to use non-fungible tokens (NFTs) to keep track of digital textbook sales and effectively “diminish the secondary market" for its digital textbooks.

28.07 / 06:15

business virtual reality Metaverse Zuckerberg unfazed about $2.8B metaverse division loss in Q2

Meta’s virtual reality (VR) and metaverse division Reality Labs has posted its seventh straight quarter of losses, but CEO Mark Zuckerberg remains steadfast in investing in the technology, which he calls a "massive opportunity.

22.07 / 05:35

business Gaming virtual reality Minecraft epic Epic Games 'definitely won't' follow Minecraft NFT ban

Epic Games founder and CEO Tim Sweeney says his firm “definitely won’t” follow Minecraft's developers in banning non-fungible tokens (NFTs).

18.07 / 07:03

business Blockchain NFT virtual reality 500 Otherside Metaverse demo kicks off with 4,500 participants: highlights

Around 4,500 people havejumped into the “first trip” tech demo of the Otherside Metaverse project associated with Yuga Labs’ Bored Ape Yacht Club (BAYC).

12.07 / 05:15

business NFT virtual reality Playboy to launch first 'MetaMansion' in The Sandbox

According to a July 11 announcement, this virtual version of the Playboy mansion will feature a host of gaming, social and programmed events, along with future NFT collectible releases from the firm.

02.07 / 18:15

Blockchain NFT Investments virtual reality First hyper-realistic metaverse enables users to purchase their digital homes

There is no denying the world is headed to the metaverse, a term used to describe interconnected virtual realities where users simultaneously live a version of their digital life alongside their real life. Here, the world is invited to a space where they can work, learn, play, socialize and participate in any other activities they would live in the real world with a “digital twin.” The only difference is that, unlike the real world, where users are confined to time and space, the digital realm provides a completely immersive alternative that can be experienced without leaving home.

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