Metaverse in fintech: banks worry about environmental impact
Over two-thirds of UK banks are worried about the environmental impact of the metaverse, with a majority planning to take action to mitigate against it. More than two-thirds of banks…
Cyber Gallops introduces a horse racing metaverse into the crypto industry.
Cyber Gallops is a horse racing-centric metaverse that looks to replicate the dynamics of real-life horse racing in the metaverse. In the latest expansion, the company has launched new facilities…
South African Financial Services Giant Nedbank Secures a ‘Village’ in the Metaverse
The South African financial services giant, Nedbank, is reported to have acquired a village in the metaverse. The village will be used to showcase African creativity and to create experiences…
Startup Hadean raises £28m ‘to power the Metaverse’
Startup Hadean has secured £28 million in funding to build out its metaverse infrastructure technology. The London company’s tech already supports virtual worlds in immersive entertainment and enterprise digital twins.…
Chinese university sets up metaverse major, names department after metaverse
Nanjing University of Information Science & Technology has renamed its 25-year-old Information Engineering Department as the Metaverse Engineering Department. The university says it’s the first in China to offer a…
Israeli embassy opens in metaverse
The Embassy of Israel in Korea opened in the metaverse, becoming the first diplomatic mission in the country to gain a presence in the virtual world. On the occasion of…
Metaverse Schooling: The Future of Distance Learning?
This fall, millions of students across the US are returning to school – and, in accordance with recent trends, many have come back to in-person schooling. But let’s not confuse…
Eros Investments Launches IMMERSO, a Global Web 3.0 Metaverse Project
DOUGLAS, Isle of Man–(BUSINESS WIRE)–Eros Investments, a leading Global Media, Entertainment & Technology portfolio of ventures, announced the launch of IMMERSO, its much-awaited Metaverse project. IMMERSO is a unique virtual…
Dubai to host metaverse assembly this week to discuss road map to reach $15 trillion mark for the industry
The ‘whats’ and ‘hows’ of the road map in tapping emerging opportunities and meeting the challenges in catapulting the industry to over $30 trillion in 15 years will be discussed…
Why a gaming and esports company is launching its own metaverse platform
After acquiring the esports holding company ReKTGlobal in July 2022, technology firm Infinite Reality is using its newfound inventory of gaming and esports properties as a launchpad for its own…