Shiba Inu Metaverse to Partially Launch in 2023
Shiba Inu’s Metaverse, a project intended to boost the ecosystem’s value, is scheduled to launch in 2023. The announcement coincides with the asset becoming the fourth most well-known cryptocurrency on CoinMarketCap. Users will be able to explore a piece of Shiba’s metaverse upon launch by the end of 2023, but not the entire thing. The […]
France solicits public feedback about her metaverse
The French government is soliciting feedback on the metaverse, which it refers to as the “virtual immersive universe,” alongside concerns about potential obstacles users may face while interacting with it. The French Directorate General for Enterprise issued a consultation on April 11 requesting responses to a series of queries regarding “virtual spaces” from businesses, associations, […]
Disney shuts down its metaverse division- Report
Entertainment giant Disney has reportedly scraped its metaverse division as part of a bigger restructuring strategy to reduce its operational expenses by $5.55 billion and lay off 7,000 employees over the course of two months. The Wall Street Journal (WSJ) published the news on Disney’s metaverse on March 28, citing “people familiar with the issue.” […]
Challenges of building a truly decentralized metaverse
Building a truly decentralized metaverse is no easy task. The payoff, however, is substantial, and totally worthwhile. This article discusses the challenges of building a truly decentralized metaverse . What is a decentralized metaverse? A decentralized metaverse is a virtual world that runs on a decentralized network and lets users interact with each other and […]
South Korea launches Metaverse fund to advance domestic ideas
South Korea will promote various companies from the metaverse ecosystem’s mergers and acquisitions with the aid of the Metaverse Fund. South Korea increased its focus on the metaverse’s potential as a new source of economic growth as other nations’ economy became sidetracked by the hullabaloo surrounding cryptocurrency’s price volatility and ecosystem breakdowns. The Ministry of […]