When people began communicating with one another over a wired communication system, the internet, not long ago, it ushered in a revolution in the rate of user acceptance of the technology involved. Users could converse more readily anywhere and anytime when wired technology gave way to mobile technology. For example, smartphones are now bringing a flood of other services to the Metaverse. The Metaverse is a three-dimensional virtual place that works as a metaphor for the real-world . The term “metaverse” is derived from "meta" (beyond) and "universe." In this article, we will discuss the MetaPay project and how to …

Chris Laurent, the founder of the popular-digital horse racing game ZED RUN, envisions a future where people will spend their free time developing their own unique narratives within the Metaverse. This virtual world will contain a mix of gaming, entertainment and social experiences underneath an overarching storyline, he believes: “My perception of the metaverse isn’t just a meeting of people, it’s coming home after work and not turning on Netflix but seeing what happens to yourself and your friends in some type of storyline that is flexible.” The ZED RUN founder spoke to Cointelegraph following the launch of its first …

One of the largest public universities in the United States by enrollment may be planning to launch virtual classes in the Metaverse in the future. According to records submitted to the United States Patent and Trademark Office, or USPTO, on June 7 and June 8, the Arizona Board of Regents on behalf of Arizona State University filed seven applications for variations of its name — ASU, Arizona State, Arizona State University — as well as that of its football team, the Sun Devils, to be used in a virtual environment. The trademark filings included the university’s name as well as …

An NFT project says it is "truly redefining" what it means to collect digital art — with added benefits that other collections in the space don't offer. Meta Ape Militia says its crypto collectibles deliver much more than an epic profile picture. For starters, the ecosystem is being underpinned by a Bitcoin mining operation that M*A*M holders can benefit from. Proud owners of these NFTs can also gain access to exclusive experiences in the metaverse — including luxury retreats loaded with fun games and parties that'll take place in Destoria. And whereas major NFT collections only consist of male characters, …

American food manufacturing and processing giant Kraft Foods Group has filed nonfungible token (NFT) and metaverse patents for several of its popular brands. The firm joins a host of mainstream companies such as Gatorade, Nike, Adidas and Coca-Cola that have moved to secure their products and branding in the crypto/virtual sphere. According to a Monday Tweet from the United States Patent and Trademark Office (USPTO) licensed trademark attorney Mike Kondoudis, Kraft Foods has locked in trademarks for Jell-O, Kool-Aid, Velveeta, Lunchables, Oscar Mayer, Philadelphia and, of course, the Kraft brand. The firm’s NFT and metaverse trademarks cover a long range …

Axie Infinity (AXS) has dropped by roughly 90% after peaking out at $172 in November 2021. AXS’s sharp correction has made it one of the worst-performing digital assets among the top-ranking cryptocurrencies. Moreover, it could undergo further declines in the coming months, according to a mix of technical and fundamental catalysts listed below. Low player count dampens AXS demand To recap, AXS serves as a settlement token within Axie Infinity’s gaming ecosystem, allowing players to purchase native nonfungible tokens (NFTs), a flurry of digital pets called Axies. It also acts as a work token that players can spend to breed …

In the wake of the rising popularity of games like Fortnite, Roblox and Minecraft and the concept of the Metaverse, the ability of “avatars” to escape unpleasant realities, or simply have fun, is emphatically relevant. It warrants a discussion on digital citizenship and the “inclusivity” of individuals and their identities in the virtual realm, and it provides new meaning for those with gender dysphoria or who identify as genderqueer. In the real world, there is a known bias against those who do not identify with the sex assigned to them at birth. According to a recent study, approximately 2.7% of …

Qatar Airways announced Tuesday that it had launched its first metaverse experience, QVerse. This virtual reality platform allows interested parties can virtually visit and navigate the Premium Check-in area at the International Airport of Hamad (HIA). According to the company’s statements to Cointelegraph, however, QVerse is merely the company’s first foray into the Metaverse. The company said that it intends to expand its virtual environment initiatives and believes that the metaverse is part of the future of human relations: “We believe that the future is virtual. The metaverse will empower human beings, expand their horizons and break their limits by …

Neal Stephenson, the author who coined the term “Metaverse” 30 years ago, is launching a metaverse-focused blockchain project called LAMINA1. He has also revised his vision for the Metaverse, stating that the experience is likely to be geared more toward flat 2D screens rather than virtual reality or augmented reality tech such as headsets and lenses, as in the model proposed by Meta and Microsoft. Stephenson is a popular speculative fiction author who explored the concept of a virtual reality world called the Metaverse in his sci-fi novel Snow Crash in 1992. Outside of writing, the 62-year-old also served as …

A metaverse project that would provide a digital hub for creators gave the community an opportunity to travel within its metaverse city and explore an early version of the vision that it aims to achieve. Last week, Web3 creator economy protocol DEIP launched an event within its metaverse. With DEIP CEO and co-founder Alex Shkor acting as a virtual tour guide welcoming participants with a speech, Cointelegraph explored the city while listening to the talk. In an interview with Cointelegraph, Shkor explained that the space was created with the goal of empowering creators and connecting them with each other. Shkor …

Economies are shifting rapidly. From a global pandemic, to worldwide unrest, to evolving definitions of money and value, people are reimagining what matters in their daily lives. New societies are forming based on trustless protocols, and those online are seeking to acquire empowerment and make their voice heard. At present, the world holds items of worth in both the physical and digital worlds, leading many to a place where they must straddle the two. As the gap continues to close, it will only be a matter of time before a new standard is set for what the world deems truly …

Solana Ventures and the Solana Foundation have formed a $100-million fund to help support the growth of nonfungible token (NFT), blockchain gaming and decentralized finance (DeFi) projects in South Korea. In addition to supporting projects built on Solana, the fund will help keep some Terra-based projects afloat following the collapse of that ecosystem last month. The Solana Foundation believes the developers from Terra should not be held responsible for what happened on the blockchain network. In an interview reported by Bloomberg on Wednesday, Johnny B. Lee, general manager for games at the Solana Foundation, said: “The developers did nothing really …