Non-Fungible Tokens (NFTs) have taken the art world by storm, creating a new frontier for artists, collectors, and investors alike. But NFTs are not just limited to digital art, they are also making waves in the virtual reality (VR) space, giving rise to the concept of the Metaverse. In this blog post, we’ll explore the […]
NFTs and Metaverse: The Intersection of Art, Technology, and Virtual Reality Read More »
The metaverse division was initially created to work on new ways of engaging Disney’s audience. Entertainment giant Disney has reportedly ditched its metaverse division as part of a broader restructuring plan to cut its operating expenses by $5.5 billion and lay off 7,000 staff over two months. The news was reported by The Wall Street Journal (WSJ)
Disney reportedly scraps its metaverse division Read More »
Metaverse and NFT-focused cryptocurrencies, including Axie Infinity (AXS),Flow (FLOW), Apecoin (APE), and Sandbox (SAND), have posted significant gains over the past 24 hours. Play-to-earn (P2E) gaming platform Axie Infinity’s AXS governance token soared 25.6% in the last 24 hours, making it the largest gainer among the top 100 cryptocurrencies. AXS trades at around $8.54 and is the 46th-largest cryptocurrency boasting a market capitalization
Axie Infinity Leads to Metaverse and NFT Token Rally as Trade Volumes Surge Read More »
