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    Tag: metaverse project

    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.

    Metaverse for Brands: Is It a Solution or Just Trying to Fix a Non-Existent Problem?

    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.

    Epic Games Cuts Workforce by 16% Amid Unrealistic Metaverse Revenue Projections

    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.

    Meta on the Verge of Being Expelled from Thailand Due to Unchecked Crypto Scams

    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.

    Meta’s Struggles with Metaverse Continue as Reality Labs Reports $4B Loss

    In Q1 2023, Meta's Reality Labs division suffered a $4 billion loss, adding to the more than $13 billion annual loss in 2022.

    Report: Metaverse NFT Volume Reaches $300 Million in Q1 2023

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

    Metaverse Brings a New Wave to The Publishing Industry

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

    Top 10 Potential Metaverse Projects in 2023 (P2)

    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.

    Top 10 Potential Metaverse Projects in 2023

    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.