Epic Games Teams Up With Lego to Build a Kids Metaverse
Epic Games, the game developing studio, and Lego, the famous construction block company, have announced a partnership to develop a metaverse designed for kids. This metaverse world aims to allow kids of all ages to become builders and design their own experiences while protecting their right to play by putting online safety as one of its main objectives. Epic Games and Lego to Launch Joint Metaverse Epic Games, the developer behind Fortnite, and Lego, the famous toy building block company, have inked a partnership to produce a joint metaverse. The metaverse initiative will be....
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Looks like its latest raise brings Epic Games' valuation to $31.5 billion. Epic Games, the video game publisher behind the popular PC and console game Fortnite, announced a $2 billion funding round with plans to accelerate the company’s vision to make its mark in the Metaverse. The deal, which is still subject to customary regulatory approvals, would bring Epic's equity valuation to $31.5 billion.This round includes a respective $1 billion investment from existing investor Sony Group Corporation and from KIRKBI, the holding company behind the LEGO Group. Sony, the company behind....
Epic Games, creator of the Unreal Engine graphics engine and publisher of the massively popular video game Fortnite, has secured $2 billion in a fresh fundraising round led by Sony Group and KIRKBI, the owner of the Lego toy and entertainment brand. The announcement is part of a strategy to fast-track the company’s aim of making […]
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This WeekMastercard files 15 metaverse and NFT related trademarks Multinational payments giant Mastercard filed 15 applications for NFT and metaverse trademarks, joining the ranks of competitors Visa and American Express who have taken similar action recently as well.Notable applications include those for an online....
NASA, the U.S. space agency, has partnered with Epic Games, the company behind Fortnite, to build a challenge for developers to help create a Martian metaverse experience. The challenge will include various tasks, including designing several key environments for Martian astronauts, which will be rendered using Epic Games’ Unreal Engine 5 to provide a realistic environment.
NASA to Develop Martian Metaverse to Help in Training Exercises
NASA, the U.S. space agency, has recently posted a challenge to attract developers to help build a Martian metaverse environment to aid in....
Epic Games CEO Tim Sweeney has said that the firm will not ban NFTs, as devs “should be free to decide how to build their games.” Epic Games founder and CEO Tim Sweeney says his firm “definitely won’t” follow Minecraft's developers in banning non-fungible tokens (NFTs).As previously reported, Minecraft developers Mojang Studios banned NFT integrations on July 20 as it believes the speculative aspect of NFTs, along with scarcity and risks of exclusion and scams supposedly associated with NFTs being against the game’s principles. The move was seen as highly controversial in the NFT....