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Big Firms Loved the Metaverse Not Long Ago; Now They’re Abandoning It
/ Metaverse

Big Firms Loved the Metaverse Not Long Ago; Now They’re Abandoning It

Major metaverse platforms like Decentraland and The Sandbox have seen a sharp decline in the number of virtual land sales too.

March 28, 2023
Meta Up 1.5% in Premarket Amid Reports of More Downsizing

Meta Up 1.5% in Premarket Amid Reports of More Downsizing

Meta shares are up over 53% YTD as the company's push to restore profitability at any cost pays out.

March 07, 2023
Gamium’s Native Token Up 370% as Startup Joins Meta’s Initiative

Gamium’s Native Token Up 370% as Startup Joins Meta’s Initiative

Gamium's GMM token is up almost 380% after the startup announced it has joined the Metaverse Activation Program launched by Meta and Telefonica.

February 28, 2023
Ten Companies Team Up to Build the Japan Metaverse Economic Zone

Ten Companies Team Up to Build the Japan Metaverse Economic Zone

Japanese tech and financial firms joined forces to build interoperable metaverses with an RPG-like experience.

February 27, 2023
Tencent Abandons VR Hardware Plans Amid a Strategic Shift

Tencent Abandons VR Hardware Plans Amid a Strategic Shift

Chinese internet behemoth Tencent scrapped plans to develop VR hardware due to a strategic shift.

February 17, 2023