Top Metaverse tokens gearing up for growth amid potential Apple’s XR release at WWDC

As anticipation surges ahead of the annual Apple Worldwide Developers Conference (WWDC), whispers of the potential unveiling of Apple’s extended reality (XR) headset are creating a palpable sense of excitement. Apple’s XR headset is expected to transform the tech giant’s legacy radically, setting a new benchmark for the rapidly evolving world of consumer technology. Big…

Behind Decentraland’s MVFW: Fashion has entered the metaverse and it’s here to stay

The Metaverse Fashion Week (MVFW) officially started today on Decentraland, one of the largest virtual social worlds in the Web3 space. Set to take place in Decentraland’s newest “Luxury Fashion District,” the four-day event will see the likes of Dolce&Gabbana, Tommy Hilfiger, Elie Saab, and others hold immersive virtual-world fashion shows and after-parties that have…

Thank Facebook for metaverse bonanza, real estate may sell for $1 billion in 2022

Real estate on metaverse platforms reached $501 million last year. That figure could double in 2022, according to analysts speaking to CNBC. Facebook played a big role in the surge last year, starting when the company announced its rebranding to Meta and its focus on the metaverse on the 28th of October. With Facebook’s announcement,…

Facebook’s Meta is hiring staffs of its rivals to build the metaverse

With Meta’s plan to build the metaverse already in full swing, reports from Wall Street Journal have indicated that the tech company has been poaching employees of rival tech firms like Microsoft and Apple. Meta is poaching staff from Microsoft According to the report, a former employee of Microsoft revealed that the tech firm’s augmented…

Binance.US is building an office in the metaverse

With many institutions and firms joining the metaverse in recent times, the latest firm to join the growing list is the US arm of the leading crypto exchange in the world, Binance. Binace.US to get virtual office in the metaverse According to available information, Binance.US would be setting up in Portals, a metaverse project built…

Over $100 million was made from metaverse land sales in one week

There is no doubt that interest in the fact that Metaverse and associated features like virtual lands and virtual real estate is on a romp presently. In fact, available data from DappRadar has shown that over $100 million was used in purchasing these virtual properties in the last seven days. Metaverse lands are in hot…