DIG Invests Heavily in the Metaverse
Decentralised Investment Group (DIG) is a Dubai-based company that believes in the power of the blockchain to transform lives. In line with this goal, the company is committed to making impactful investments in the blockchain space, including the GameFi sector. They aim to embrace decentralisation in all possible ways, making it ubiquitous whilst integrating it into every single aspect of the world. Ultimately, this will change the fabric of society. GameFi Investments Just a few years ago, the metaverse was a concept that only existed in science fiction books. However, modern technology,....
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The value of blockchain in socializing, entertainment, and advertising is expected to grow 26x by 2026 to reach $4.37 billion. This will be largely thanks to the growth of the metaverse, which heavily relies on blockchain. Many chains can efficiently support metaverse startups, including Solana, and Polygon, and the upcoming Wakatta – but which one […]
Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include direct involvement with the projects selected, including counseling about branding and marketing.
Kucoin Invests in Metaverse
Kucoin, one of the leading exchanges in Asia, has taken the first step to hop on the metaverse train. The investment and investigation arm of the exchange,....
Blockchain interoperability might just be becoming a reality, with cross-chain NFT games taking the lead. Society is headed towards a new form of digital ownership with an economy and greater metaverse based on the blockchain. The concept of "the metaverse" is typically depicted as actual and augmented reality-based in a virtual world. Most recognize this concept since it is present in several fictional movies of dystopian futures like Ready, Player, One, Minority Report and Avatar. However, the concept has since quickly gained attraction from the technology industry, making it more viable....
PRESS RELEASE. Metaverse Alliance has announced the launch of its online Metaverse Hackathon (Metathon) for all metaverse enthusiasts around the world. The Metaverse Alliance team believes that the metaverse will create long-term value in the future and that both real and virtual worlds will exist in parallel with little boundaries. Metathon comes from the portmanteau of metaverse and hackathon. It is seeking to create a viable platform for great and amazing developers who have the imagination and vision of the metaverse. The metathon is for those who believe that many protocols and Web 3....
Mark Cuban, investor, Shark Tank star, and owner of the Dallas Mavericks is skeptical when it comes to the concept of the metaverse. In a recent interview, when asked about the definition of the metaverse, Cuban stated that the metaverse was “anything you want it to be,” declaring that buying land in the metaverse was the “dumbest sh*t ever.”
Mark Cuban Mocks Current Metaverse Iteration
The concept of the metaverse has been an object of skepticism for many people. In a recent podcast, Shark Tank star and National Basketball Association (NBA) team the....