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    Tag: metaverse

    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.

    MetaFi – Could It Explode in Future?

    Cryptory.net - MetaFi aims to build and promote a new ecosystem built on standardized metadata parameters.

    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.

    PUBG Developer To Launch New Blockchain on Cosmos

    Cryptory.net - The studio behind the famous battle royal game PUBG, Krafton, revealed that its metaverse gaming platform will launch in 2023.

    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.

    Top 5 Cryptocurrencies Under $1 to Consider Buying This Week

    Lately, the crypto market has been buzzing with excitement due to a significant ruling that declared XRP as not being classified as a security. This ruling has had a partial impact on the prices of major cryptocurrencies.

    New Headset from Apple May Boost Metaverse Tokens to New High

    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?

    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.