Artificial intelligence continues to be more pervasive in emerging technologies and according to the Sandbox co-founder will make digital spaces more inclusive places. Artificial intelligence (AI) is the new buzzword in the emerging tech scene after the release of OpenAI’s chatbot ChatGPT-4. However, opinions on this groundbreaking technology are …
It is unclear if Disney will continue to work on its metaverse ambition through other teams.
The Bored Ape Yacht Club’s (BAYC) parent company Yuga Labs has released Legends of the Mara, a collection-based 2D strategy game with its companion collection. The game allows Otherdeed holders and players to claim a free Vessel and discover its potential. Introducing Legends of the Mara, a 2D experience …
Japan’s ambitious metaverse initiatives, driven by collaboration and national identity, could propel the nation to new heights in the virtual world, challenging Meta and other competitors.
Disney’s foray into the metaverse has come to an abrupt end as the entertainment giant has reportedly shuttered its entire metaverse division. In a bid to streamline its business and curb costs, the company is slashing 7,000 jobs, including the 50-strong team responsible for the ambitious virtual reality project, as …
Disney fired the employees of its metaverse division as part of its $5.5 billion restructuring plan. The division’s head, Mike White, remains employed at the firm. The Walt Disney Company began laying off thousands of employees to cut costs. Among those caught in the layoffs are employees from the division …
The Shiba Inu ecosystem has been under extreme pressure in recent weeks as a wave of controversy dealt a blow to the confidence of investors in the ecosystem. From speculation that the Shibarium testnet chain is the same as Rinia’s, to BitBoy accusing Shytoshi Kusama as being Sam Bankman-Fried, …
Gucci plans on capitalizing on the expertise of creatives through strategic partnerships, according to a statement.
If human interactions in digital reality should mimic those of real life, this raises questions as to what and who will dictate important moral judgements and ethical standards. The metaverse has the potential to be the next frontier of human interaction, as evidenced by the amount of activity that continues …
This is the second time Animoca Brands cut the target size of its metaverse fund twice.
