The Metaverse, a virtual reality space where users can interact with one another and digital content, is rapidly gaining popularity in the world of commerce. Worldline, a global leader in payment solutions, is taking advantage of this trend by expanding its Metaverse presence. With the Metaverse e-commerce market projected to reach an astonishing US$2.6 trillion
NFT
LINE NEXT Corporation, a promising venture in the NFT ecosystem, has secured a staggering investment of USD 140 million. This investment, led by Crescendo Equity Partners, marks the largest funding round in the Asian Web3 industry this year. It serves as a significant milestone for LINE NEXT as it positions itself for exponential growth in
Enjin, a prominent player in the world of non-fungible tokens (NFTs), has achieved a groundbreaking feat by migrating more than 200 million NFTs from Ethereum and its sidechain JumpNet to the Enjin Blockchain. This transition marks a significant milestone in the fast-evolving realm of digital assets. Let’s delve into the details of this momentous event
South Korea’s Financial Services Commission (FSC) has recently announced a comprehensive set of regulations aimed at digital asset investments, which are expected to be enforced by July 2024. These regulations bring about significant changes to the way digital assets are handled and protected in the country. This article explores the new regulations, the impact on
In a groundbreaking partnership, Futureverse, a leading AI and metaverse technology company, has teamed up with the renowned sports culture brand, Reebok. This collaboration aims to revolutionize the digital fashion landscape by exploring the realms of artificial intelligence, Web3, and blockchain-based gaming within the metaverse. While Reebok has been a key player in the athletic
In the ever-evolving world of gaming, a new genre has emerged that combines digital asset ownership and entertainment – NFT games. Among this exciting new wave of gaming experiences, one title stands out as a rising star: Parallel. This sci-fi trading card game not only pushes the boundaries of technology and art but also delivers
Blockchain game developer Sky Mavis, known for the popular Axie Infinity game, has recently announced a strategic partnership with Foonie Magus. This collaboration aims to bring Apeiron, an innovative game combining elements of a rogue-lite card battler and a god simulation, to the Ronin blockchain network. Apeiron offers players a unique gaming experience where they
The art world is constantly evolving, with new technologies and platforms offering artists novel ways to express their creativity and reach wider audiences. In this ever-changing landscape, The Palm Foundation, a non-profit organization, has taken a bold step to empower artists and foster their growth. Recently, the foundation announced a significant grant worth $45,000, dedicated
Aqua, the gaming NFT marketplace, has officially announced the cessation of its operations. In a post on LinkedIn, CEO Sean Ryan revealed that the platform could no longer sustain its operations due to the slower-than-anticipated scaling of the Web3 gaming market. Despite its vision and efforts to reshape the gaming experience, Aqua faced hurdles in
JPMorgan, a prominent financial institution in the United States, has recently released a report that highlights the resurgence of decentralized finance (DeFi) and non-fungible tokens (NFTs). This revival can be attributed to the growing sentiments in the crypto markets, primarily fueled by the anticipation of a US Bitcoin ETF. Although the report acknowledges the revival
