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    Tag: metaverse 2022

    Meta’s AI Raises Ethical Concerns Regarding the Blurring of Reality and AI Interaction

    Cryptory.net - The artificial intelligence developed by Meta blurs the line between real-life experiences and virtual interactions, which has given rise to ethical concerns.

    HSBC and Fidelity File Metaverse and NFT Trademarks

    2 giants Fidelity and HSBC are the latest financial firms to seek trademarks in the Metaverse.

    Meta’s Metaverse Continues to Suffer Heavy Loss in Q3 2022

    Cryptory.net - In the last one year, Meta has reported a loss of $9.4 billion for metaverse alone.

    Metaverse Platform Ready Player Me Raises $56M in Series B Round

    Ready Player Me, a cross-game avatar platform that allows users to explore Metaverse, has recently closed a $56M series round B led by Andreessen Horowitz (a16z).

    Meta’s Metaverse Division Reports $2.8B Loss in Q2 2022

    Cryptory.net - Reality Labs, Meta's virtual reality and metaverse division, continued to struggle in Q2 with a huge loss of $2.8 billion.

    Nike Buys More Ethereum Name Service (ENS) Domains for $35K

    Nike’s web3 arm, RTFKT now owns 10 Ethereum Name Service (ENS) domains after purchasing “dotswoosh.eth” for 19.72 ETH.

    Balenciaga to Accept Payment in Bitcoin and Ethereum

    The French luxury brand is developing a long-term plan in the field of metaverse.

    Meta May Launch a Non-Blockchain-Based Virtual Currency for Its Apps

    Facebook’s parent company, Meta, planning for NFT features on its suite of apps and services.

    Coca-Cola Makes a Virtual Drink for Gamers in the Metaverse

    The American beverage giant has reached the virtual world with its new product.