Game Lounge is Taking a New Approach to Metaverses with its Personal, Digital...

While the global market cap of cryptocurrencies continues to rise, investors are witnessing an unprecedented investment interest in Non-Fungible Tokens (NFTs). If the crypto sector can be called dynamic, the NFT market can be considered to be on fire. Sales of NFTs surged to $10.7 billion in Q3 2021, up a staggering 700%+ from the previous quarter, while the total value of NFTs has rocketed to a new record high of $43 billion in October 2021. The excitement over this space has been accompanied by the birth of a new niche: NFT Metaverses. Bloomberg has called these interactive virtual games....

Last year, Facebook rebranded to Meta and announced that they are ‘developing exciting new technologies to help people connect and explore in the metaverse.’ Ever since metaverses have been making mainstream headlines. If you’ve been watching from the sidelines, you’d be forgiven for thinking that you’re late to the party, but that couldn’t be further from the truth. It’s still very early days for this groundbreaking reimagining of our digital lives. If you’re looking for an easily-digestible introduction to 2022’s top metaverses, we’ve got you covered. In no particular order, here are our....

A successful beta ahead of its launch in November. 25,000 people registered for Warena’s closed beta on October 18th, and in that short amount of time, 15,284 gamers participated. This marks another win for blockchain gaming and the play-to-earn model. The Warena beta lived up to the hype and proved their innovative gaming experiment is a success  —  Warena is the first play-to-earn game utilizing NFTs, metaverses, and personalization. The Warena beta has been received very well from its users as 3500 players left feedback. Plus their Twitter followers have surged to over 160,000. The....

There are many opportunities in the Web3 and metaverse space. Excitement is building, and projects are coming to fruition. However, there needs to be a stronger focus on interconnecting the virtual worlds, as society doesn’t need more siloed ecosystems. Connecting Metaverses Is Essential While one must apply the teams building their metaverses, some criticism is […]

The Metaverse allows people to interact with one another, digital objects and the physical world through their avatar in a virtual environment. As nonfungible token sales appear reanimated after a nearly two-month dry spell from their apex in May, a particular NFT application is gaining popularity more than ever: metaverses. Metaverses have gained their fair share of media attention lately, with big moves coming from companies like Facebook and Epic games. However, not everyone — even those who have been in crypto for a long time — has caught on to what metaverses are, despite the hype.....