Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year on year. Leading the gains are Decentraland’s MANA (up 41%), The Sandbox’s SAND (up 470%), Axie Infinity’s Axie Infinity Shards (AXS) (up 511%), and Stepn’s GMT (up 746%), according to data from Kraken Intelligence and CoinGecko’s May 2022 market report. Metaverse tokens can be used to pay fees, buy land and participate in governance. The #NFT boom of 2021 has not only drawn mainstream attention to digital art investments, it has also popularized the crypto metaverse. Kraken Intelligence's report takes a …

It's a bruising time to be a crypto investor right now — there's no two ways around it. But as the bear market endures, many platforms in the industry are focusing on building — making enhancements to existing products, and creating new ones. Cudos is one of them. And despite a great deal of uncertainty in the markets, the project says its long-term vision is unshaken — and determined to build infrastructure for the decentralized future that awaits us all. The finishing touches are now being made ahead of a mainnet launch in June, and preliminary assessments following a thorough …

Munich-based MetaBrewSociety (MBS) will soon offer voting rights on the business decisions of a physical brewery via nonfungible tokens (NFTs) and a decentralized autonomous organization (DAO). The MBS was formed in February this year by a group of beer-loving NFT investors and entrepreneurs who came up with the idea of combining a brewery with the Metaverse, a DAO and NFTs to create a “tangible IRL utility that carries a concrete value” for participants. As part of the project, MBS will offer a range of tokenized “beer share” certificates that provide varying levels of governance rights over a physical brewery in …

It seems like the whole world is creating NFTs. However, for every successful launch, there is a project suffering from technical difficulties, website crashes and an imminent flop. For creators, this warning illustrates how crucial it is to carefully consider each of the steps in the NFT lifecycle before launching a new project. Perhaps, the most crucial is the decision of which marketplace to use and the contents of the smart contract itself. Consider that at the time of minting, creators must think about the maximum mint amount, royalties, the location your NFTs will live on (on- or off-chain), the …

Wandering around the metaverse is like being in a computer game, but soon, it will look exactly like real life. Unlike some dystopian visions of the metaverse, I don’t think we will give up on reality and stop participating in the physical world. On the other hand, advancements in artificial intelligence content generation will likely lead to a photo-realistic metaverse featuring exact replicas of ourselves and propel us toward a hyper-reality that combines our real-world and digital lives. Everything we do today on the internet will happen in the metaverse, just with a more engaging visual interface. The virtual content …

A number of social gatherings have started to take place in the Metaverse as companies across the globe begin to understand the value that virtual interactive environments can have for consumers. It shouldn’t come as a surprise then that Pride Month — a month-long celebration held in June to commemorate the 1969 Stonewall Riots — will be celebrated in various metaverse environments this year. Pride in the Metaverse creates open access Akbar Hamid, co-founder of People of Crypto Lab (POC) — an innovation hub dedicated to increasing diversity and representation in Web3 — told Cointelegraph that the Metaverse is an …

South Korea, a nation known for its strict crypto regulatory stance, is betting big on the Metaverse. The government will invest over 223.7 billion won ($177.1 million) directly in various Metaverse projects. The decision to invest in nascent Metaverse tech makes South Korea one of the first national governments to do so. The investment came under the "Digital New Deal" program set up to invest in emerging technologies. The program is headed by South Korea's Ministry of Science and Information and Communication Technology led by Lim Hyesook, who called the metaverse “an uncharted digital continent with indefinite potential,” indicating the …

An NFT domain marketplace has announced that it's allowing a plethora of premium extensions to be minted — including .metaverse, .VR, and .chain. Quik.com says the arrival of these new domain names gives consumers and projects the chance to get their hands on highly desirable, memorable addresses. But while they may look like run-of-the-mill web URLs at first glance, the marketplace says they actually offer much, much more. Not only can they simplify crypto transactions by eliminating lengthy alphanumerical wallet addresses — long strings of letters and numbers that can be prone to typos — these domains can also be …

Can you work in the Metaverse? The Metaverse is the next big career path on which to land an ideal job with firms like Meta, Roblox, Microsoft, OpenSea, The Sandbox (SAND), and the many others constructing it. So, if you want to know how to land a job in the Metaverse, you need to be aware of what your role may look like. Essentially, your job will involve a combination of blockchain, artificial intelligence, 5G, gaming and other Web3 technologies like augmented reality and virtual reality. In this article, learn the basic steps to landing a career in the Metaverse …

Bitcoin (BTC) and the broader cryptocurrency market have provided very little comfort in recent weeks, as macroeconomic headwinds and the implosion of the Terra ecosystem continue to reverberate. But, if we look beyond the immediate price action, we observe an industry that continues to grow and evolve, as well as attract sizable capital investments from major funders. The latest edition of venture capital (VC) Roundup highlights the continued growth of Web3 gaming, metaverse applications and even decentralized finance (DeFi) protocols. Related: Crypto Biz: Smart Money is betting big on Web3, layer 2, May 19-25 Andreessen Horowitz backs Irreverent Labs Blockchain …

Job creation is traditionally engineered by politicians desperate to get the country back to work and to be seen as stimulating the economy. From the job creation programs of the Great Depression to United States President Barack Obama’s American Jobs Act, employment schemes have a long, checkered history. Today, fostering meaningful employment for the masses remains as popular as ever with policymakers, and yet, the next great job creation scheme is unlikely to be issued as a top-down order. Rather, it will emanate from a realm that most politicians have little dominion over and few powers to control: the Metaverse. …

What are the challenges of the Metaverse? Users' cognition, emotions, and behaviors can be influenced by key technologies that enable multiple metaverses. The expensive cost of equipment is a barrier to the widespread adoption of metaverse technologies that will hopefully be overcome in the future. Morality, physical well-being, health and safety, psychology, ethics, and data privacy are the four areas of risk associated with AR. On a physical level, users' attention being diverted by location-based AR applications has resulted in dangerous mishaps. Overloading information is a psychological problem that must be avoided. Unauthorized augmentation and fact tampering with prejudiced perspectives …