Technology

Cryptoys Raises $23 Million to Mix NFTs, Gaming, and Virtual Toys

Coins Legend June 28, 2022 0

Cryptoys, an NFT-based startup, announced it has raised $23 million in a Series A funding round led by a16z. The company, which seeks to mix NFTs with the world of gaming and virtual toys, will create what it calls a “cryptoyverse,” in which it will also implement play-to-earn features and

Technology

Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet

Coins Legend June 27, 2022 0

Meta, the metaverse-based platform, has announced the launch of a new wallet directed to support value interaction in the metaverse. Meta Pay, a rebrand of the former Facebook Pay service, will keep fulfilling the same functions that Facebook Pay did in the past, but will be developed as a universal way of paying for goods […]

Technology

Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta

Coins Legend June 27, 2022 0

Mark Zuckerberg, CEO of Meta, formerly Facebook, has shared how the metaverse will be a key part of his business and bring hundreds of billions of dollars in revenue. “Our playbook over time has been build services, try to serve as many people as possible,” said Zuckerberg. Mark Zuckerberg on the Metaverse Mark Zuckerberg, the […]

Technology

Japanese Virtual IP Firm Raises $10 Million to Accelerate Metaverse Business

Coins Legend June 25, 2022 0

Brave Group Inc., a Japanese virtual IP firm, recently said it had raised $10 million in new capital and that the company expects to use part of these funds to boost its “solution services for clients in the metaverse marketing business.” Taking part in Brave Group’s latest funding round were two local companies, foreign investment […]

Technology

Meta, Microsoft, and Others Launch Metaverse Standards Group

Coins Legend June 23, 2022 0

Meta, Microsoft, and 31 more companies have united to form an organization to promote the creation of open standards regarding metaverse tech. The institution, named the Metaverse Standards Forum, will focus on establishing standards to make each one of the metaverses on the internet interoperable, which would ideally permit these worlds to communicate. The Metaverse […]

Technology

Study: Today’s Metaverse Still Not Suited for Remote Work

Coins Legend June 21, 2022 0

A study released earlier this month has found that working in the metaverse with the tools available today might decrease the productivity of employees, and also increase their frustration and anxiety related to remote work. 11% of the participants in the study felt so much discomfort that they could not complete even a day in […]

News

BOSO TOKYO Looks to Bring Japanese Culture to the World via Innovative Use of Metaverse Capabilities

Coins Legend June 21, 2022 0

Everyone would agree that the DeFi industry is absolutely booming right now, and for good reason. After all, there is an abundance of technological innovation right now through aspects such as cryptocurrencies, NFTs, P2E games, blockchain, and most recently the metaverse. With that being said, it can often prove difficult to ascertain which projects in […]

Technology

Meta Launches Metaverse Digital Clothing Store

Coins Legend June 20, 2022 0

Meta announced that it was launching a designer digital clothing store that will allow users to purchase pieces of clothing for their avatars in its metaverse. The company believes that clothing and other accessories will become an important part of the users’ identity expression and that this will entice them to spend money on digital […]

Technology

McKinsey: The Metaverse Could Generate $5 Trillion by 2030 — ‘Simply Too Big to Be Ignored’

Coins Legend June 20, 2022 0

Global consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030. In addition, more than 80% of commerce could be impacted by activities in the metaverse. Metaverse Could Generate $5 Trillion by 2030 Global management consulting firm McKinsey & Company published a report last week titled “Value […]

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Metaverse Project GensoKishi Online Holds 2nd NFT Auction

Coins Legend June 17, 2022 0

PRESS RELEASE. GensoKishi, a new fantasy world economy with blockchain technology by incorporating elements of NFT and GameFi on the Metaverse is pleased to announce its 2nd commemorative NFT Auction to be held from June 15th, 2022 at 18:00 (UTC+8) to June 22nd, 2022 at 17:59 (UTC+8) ! The 2nd round NFT auction will feature […]