Metaverse News

According to research by McKinsey, a global management and consulting firm, the metaverse could generate up to $5 trillion across consumer and enterprise use cases by 2030. That is equal...

During the Arab Health 2023, UAE’s Ministry of Health and Prevention (MoHAP) launched two new services by deploying metaverse technologies. The services are meant to assess medical professionals, including doctors...

On Wednesday, the city of Suzhou, which has a population of 12 million people and is located in the Jiangsu Province of China, unveiled a plan to become a hub...

Metaverse technology is being applied in several industries in Japan. These include the education industry and the insurance industry. Additionally, metaverse-related firms are receiving funding from high-profile investors. Education in...

The World Economic Forum partnered with Accenture and Microsoft to launch a new metaverse platform titled Global Collaboration Village, yesterday. The platform aims to educate organizations about the metaverse while...

In a first of its kind, the Seoul city government has decided to offer its administrative public policies via a virtual platform, ‘Metaverse Seoul.’ Reports reveal that through the Seoul...

The English football club, Manchester City, is gearing up to enter the metaverse in partnership with the Japanese tech giant, Sony Corporation. The two companies are calling this experience a...

Animoca Brands Corporation, a leading Web3 firm, has announced its goals for the year’s first quarter. According to a recently concluded Twitter Space, the company hopes to raise about $1...

Following the start of a new calendar year, the global crypto market reclaimed the $800 billion price cap. The Metaverse utility coins took a substantial part of the growth. The...

The South Korean global metaverse platform company 3D Factory announced signing a Memorandum of Understanding (MoU) with TNC Group, a global blockchain service company. The MoU was signed on December...

StarwalkerMMO metaverse founder James Bull ranked Twitter’s biggest 50 crypto analysts based on four metrics including, average views over the last 20 tweets, added follower count, if they have given...

Yesterday, the CEO of Generation Crypto Media Channel who goes by the name of Ben GCrypto took to Twitter to announce the top 10 Metaverse cryptocurrencies by market cap. In...

The German multinational automotive powerhouse, Mercedes-Benz Group AG, has filed five trademark applications for NFT and metaverse-related plans, making Mercedes Benz the latest company to step into the metaverse. According...

The South Korean province of Gyeongbuk plans to use metaverse to deepen its trade and other cultural ties with Vietnam. On the occasion of the 30th anniversary of diplomatic relations...

Cardano, a public blockchain platform, launched a live event for the blockchain-based Pavia metaverse and invited participants and users to showcase what a future virtual world based on their preferred...

The global crypto market saw a $27 billion inflow in the last 24 hours, and the utility coins of the Metaverse took a substantial part of the increase. The current...

Two students hailing from Abu Dhabi’s Mohamed Bin Zayed University of Artificial Intelligence (MBZUAI) have won a prize of $5,000 in DP World’s Big Tech Project event. Along with the...

Perry Warjiyo announced that BI’s digital currency can be used in the metaverse. Last week, BI launched the design for its digital currency following the trend of many central banks’...

Animoca Brands plans to launch a $2 billion fund to invest in the metaverse. The Chairman announced that the funding would be focusing on digital property rights. The fund also...

‘Metaverse’ is shortlisted for Oxford’s Word of The Year 2022. For the first time, people are allowed to vote for their favourite word. India is 80% more aware of Metaverse...

Sheikh Hamdan bin Mohammed approved the new phase of the Dubai Metaverse Strategy. This move could turn Dubai into a top metaverse economy, enhancing the digital economy. “The strategy intends...

Meta CEO said WhatsApp and Messenger would bolster the company’s next wave of sales growth, faster than metaverse. Mark Zuckerberg claimed that they were extremely early in monetizing. Meta shuttered...

H&M partners with IDF to launch “The Metaverse Design Story collection”. The digital collection will be viewable via AR fashion lenses provided by Snapchat. Some of the clothing pieces in...

Qatar’s FIFA World Cup 2022 can be experienced by fans via Upland’s metaverse. Soccer fans can win a virtual replica of Doha’s Lusail Stadium as a prize through a raffle....

Morehouse College becomes the first university to use metaverse for education. “The metaverse is what I call the world’s greatest playground,” says the Program Manager. 54% of technology experts believe...