Tag: metaverse 2023

Cryptory.net - The excitement surrounding the metaverse appears to be diminishing as brands shift their focus toward other elements of Web 3.0. Various concerns, including identity, data security, regulatory jurisdiction, and more, have led brands to gradually withdraw their investments.

Cryptory.net - Epic Games, the company behind the popular Battle Royale game Fortnite, is making a significant cut to its workforce. Approximately 830 staff members, which accounts for 16% of its employees, will be let go. This decision is part of Epic Games' effort to lower costs and establish a sustainable financial environment for the company.

By the end of the month, a Thai lawmaker aims to obtain a court order to close down Facebook within the country. The lawmaker accuses the platform of endorsing deceitful investment schemes.

Will the surge in Metaverse tokens be sustained this time around, or will it fizzle out like earlier this year when it was fueled by rumors of Apple's upcoming virtual reality headset?

Yuga Labs accounts for about two-thirds of all metaverse land purchases since the beginning of 2023.

ChatGPT has brought a new craze to Silicon Valley startups, which are turning from Web3 and Metaverse to pursuing AI.

As Metaverse has become a familiar term for many people, the publishing industry is the next sector to step into the virtual field.

Cryptory.net - Let’s take a look at some of the best metaverse crypto projects that investors can consider adding to their portfolios in 2023.