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    Tag: metaverse

    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 Prepares To Lay Off Thousands of Employees This Week

    Cryptory.net - The Facebook parent company Meta is planning to lay off thousands of employees this week amid economic challenges.

    Meta CEO Mark Zuckerberg Plays As Villian in New Web3 Game

    Cryptory.net - An upcoming Web3 game called Rabbit Hole features characters posed to defend Web3 from the warlord “Metazuckbot”.

    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.

    Japan Plans to Expand Metaverse And NFT Investment

    Japan's Prime Minister Fumio Kishida revealed his plans to make Web3 development one of the pillars of economic revitalization.

    Slime Royale Becomes First NFT Game In History To Release An NFT Game Music Concert

    Cryptory.net - Slime Concert 2022 is an extraordinary musical convergence designed by Slime Royale, where music meets the game to take the audience on a journey through Slime Royale’s world.

    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).

    Metaverse Land’s Price and Trading Volume Plummet – The End of Metaverse Real Estate?

    Cryptory.net - The average price and trading volume of virtual land have plummeted while the crypto market is still struggling to recover from the severe downturn over the past few months.

    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.