Executives optimistic about the metaverse despite recent cooldown, finds survey
Despite a recent cooldown in metaverse hype, two-thirds of global business executives surveyed in a joint University of Oxford-Protiviti study say Web 3 and the metaverse will have a...
NEC to collaborate with Animoca Brands and Gryfyn on Web3
NEC has signed a memorandum of understanding (MoU) with Hong Kong-based Animoca Brands Corporation and Gryfyn Holdings with the aim of creating and expanding the digital wallet market in...
Metaverse spending could reach $615bn by 2030, finds Bloomberg Intelligence
A new report from Bloomberg Intelligence (BI) has found that a slowdown in consumer spending and a lack of standards may remain a drag on virtual and augmented reality...
Investments in the metaverse to increase over next five years, finds KPMG survey
The majority of venture capital and institutional investors remain bullish about the metaverse and plan to increase their investments over the next five years, according to a new survey...
Psychic VR Lab to advance metaverse project with Animoca Brands investment
Animoca Brands Japan has made a strategic investment of JP¥100m (US$780,000) into Psychic VR Lab’s latest JP¥1bn (US$7.8m) fundraising round. Psychic VR’s flagship platform ‘STYLY’ is an extended reality...
Swiss bank to open Decentraland hub
Sygnum will become the first Swiss bank to open in the metaverse with a new hub set to go live in the virtual equivalent of New York’s Times Square. ...
Unity unveils joint R&D and solutions partnership with Capgemini Metaverse-Lab
Consultancy Capgemini and real-time 3D (RT3D) content developer Unity are joining forces to help organizations maximize business opportunities in the metaverse. Over the years, Capgemini and Unity have delivered...