The Future Of NFTs In 2024

Non-fungible tokens (NFTs) and the crypto sector remain stable at the end of 2023. Analysts and experts say 2024 should be a good year for these industries. Large firms and corporations have also focused on the niche represented by NFTs and cryptos. Thus, the NFT space will keep changing rapidly and present new developments. GameFi… Continue reading The Future Of NFTs In 2024

Improbable Nets A Whopping $97 Million In The Multiplayer Group Deal!

Improbable, renowned for its metaverse technology innovations, confirmed the sale of its gaming department, The Multiplayer Group (MPG), to Keywords Studios. The deal was worth £76.5 million ($97.1 million). This move boosts Keywords Studios‘ ‘Create’ division by integrating MPG’s massive expertise in multiplayer game development. MPG has partnered with several eminent gaming publishers and studios,… Continue reading Improbable Nets A Whopping $97 Million In The Multiplayer Group Deal!

USM Tops In Using NFT-Tokenized Tickets For Accessing Events

Based on Smart Ticket research, many businesses are integrating tokenized tickets as NFTs and tokens to link with events and other prime venues, and the USM ecosystem appears to be leading this race. Most creative and exceptional events have happened at USM using blockchain-powered potentials, the Web3 support network. Tokenized tickets and Web3-enabled potential represent… Continue reading USM Tops In Using NFT-Tokenized Tickets For Accessing Events

HSBC Enters Blockchain Space With Digital Asset Custody

HSBC, a major operator in the global banking industry, has taken a step into the digital asset space. The British bank’s recent announcement to offer custody services for tokenized securities marks a new development in the financial sector’s adoption of blockchain technology. HSBC Partners With Metaco By leveraging the expertise of Swiss crypto custody company… Continue reading HSBC Enters Blockchain Space With Digital Asset Custody

Google Cloud Partnered With MultiversX To Enhance Its Presence In The Metaverse

Google Cloud recently formed a strategic partnership with MultiversX, a top blockchain infrastructure company, to establish a major foothold in the metaverse. With the partnership, Google Cloud strives to enhance its Web3 presence and offer Web3 projects with strong data analytics and AI tools from its network. Data Analytics And AI Tools For Metaverse Projects… Continue reading Google Cloud Partnered With MultiversX To Enhance Its Presence In The Metaverse

FCC Authorized Metaverse Tech For 6GHz Frequency Band Use

In a notable move for the budding metaverse sector, the United States Federal Communications Commission (FCC) approved various technologies to harness the 6GHz frequency band. The decision is timely, and it aligns with the influx of mixed devices that are making their debut in the tech market. Access For Wearable Technologies On October 19, 2023,… Continue reading FCC Authorized Metaverse Tech For 6GHz Frequency Band Use

U.S. Marine Corps Turns To The Metaverse For Innovative Logistics Training

The U.S. Marine Corps embarked on a pilot project to utilize the metaverse’s power to boost its logistics operations. This initiative consisted of the construction of a digital twin of the Earth. By adapting huge datasets linked to telemetry, assets, sensor data, and much more, the digital twin offers an extensive view of logistics operations.… Continue reading U.S. Marine Corps Turns To The Metaverse For Innovative Logistics Training

Animoca Brands Introduces “Formula E: High Voltage” Web3 Racing Game

Animoca Brands partnered with Ember to release their latest Web3 game, “Formula E: High Voltage” set to be launched on October 19. The electric car racing game incorporates features from the ABB FIA Formula E World Championship, including some challenging city center tracks, giving gamers an immersive racing experience. The game is powered by the… Continue reading Animoca Brands Introduces “Formula E: High Voltage” Web3 Racing Game

NFL Alumni And Aventus’ NFT Initiative For Retirees

The NFL Alumni Association has launched a collaborative project with Aventus to implement non-fungible tokens (NFTs) as a means of increasing support to retired NFL players. This initiative is supported by the Polkadot parachain technology, which highlights the creation and distribution of digital assets. By tapping into the thriving NFT market, the NFL Alumni Association… Continue reading NFL Alumni And Aventus’ NFT Initiative For Retirees

Fujitsu’s Web3 Acceleration Platform Supports Kanazawa Event

Fujitsu Japan Ltd. has officially confirmed a partnership with the Kanazawa Institute of Technology’s Izuhara Laboratory. This partnership strives to integrate blockchain technology into a local cultural event, particularly NFTs. The initiative will be a part of the “Kanazawa Tsukimikoro” illumination event, which is scheduled for October 20 to October 22, 2023. This event is… Continue reading Fujitsu’s Web3 Acceleration Platform Supports Kanazawa Event