The government of South Korea has announced it will start investing in metaverse projects directly. More than $ 177 million dollars will be invested to kickstart national jobs and companies in this field, according to statements made by Lim Hyesook, minister of science and information and communication technologies. South Korea is one of the first […]
Dubai Creates Committee to Help Cement Its Position as ‘Key City in the Metaverse’
The rulers of Dubai have created a committee that is mandated with tracking the latest developments in the digital economy. The committee is also expected to bolster the rulers’ quest to make Dubai a “key city in the metaverse.” Dubai Rulers’ Vision The Dubai rulers, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum the crown […]
British Investment Bank HSBC Joins Metaverse via Sandbox, Animoca Brands Partnership
The British multinational investment bank and financial services holding company, HSBC, has revealed it has partnered with the blockchain virtual gaming platform The Sandbox. According to the platform’s parent company, Animoca Brands, HSBC is the first global financial services provider to enter The Sandbox metaverse. HSBC Steps Into the Metaverse Over the last 12 months, […]
South African Mobile Network Operator MTN Buys Land in the Metaverse
Mobile network operator MTN recently staked claim to its status as one of the first South African companies to enter the metaverse, after it purchased 144 plots of digital land in the virtual world Ubuntuland for an undisclosed amount. MTN Seeks to ‘Amplify Consumers’ Digital Experiences’ South Africa’s mobile network operator, MTN, recently bought 144 […]
Ertha Metaverse Sells Rome NFT for Record $120k
sponsored Ertha Metaverse looks unstoppable on its path to becoming the industry’s top metaverse. The project is already recognized as having one of the most searched-for tokens in GameFi and at the time of writing, holds a fully diluted market cap in excess of $ 380 million. Today its developers have announced that a new […]