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Metaverse
Metaverse Platform The Sandbox’s SAND Token Surges 25% After Adidas Teases Partnership
SAND has rallied over 600% since Facebook’s rebrand as Meta.
Blockade Games Raises $5M Round at $23M Valuation From Animoca Brands, Others
The round was led by metaverse and NFT stalwart Animoca Brands.
Not All NFTs Are Securities
When non-fungible tokens should be regulated under securities laws, and when they shouldn’t.
‘Crypto-States’ Will Compete With Corporates in the Metaverse
It’s Facebook’s Meta versus open DAOs. And the battle will come down to hardware, specifically, microchips.
Axie Infinity Finds Ready Players in Hyperinflation-Racked Venezuela
As they have in the Philippines, some players are making enough money to feed their families.
Morgan Stanley: Luxury NFT Market Could Hit $56B by 2030
According to last week's research note from Morgan Stanley, metaverse gaming and non-fungible tokens (NFTs) could represent a revenue opportunity of $56 billion for the luxury market by 2030. The bank expects the total NFT market to grow to $300 billion by that year. Meanwhile, Mogran Stanley says Facebook stock is the best way to get exposure in Metaverse, adding that it's “all upside and would be another layer-cake of multi-year monetization.” The Hash" squad discusses the outlook for the luxury sector as it increasingly collides with the world of crypto.
Former Tron Exec Launches Play-to-Earn ‘Mafia’ Game With Twitch Co-Founder’s Backing
The free-to-play “Syn City” is backed by some of the Web 3 gaming industry’s biggest investors.
Morgan Stanley Sees Facebook as Best Stock to Gain Exposure to the Metaverse
Bank sees around $5 trillion of consumer expenditure that could be digitized faster.
Metaverse Gaming, NFTs Could Account for 10% of Luxury Market by 2030: Morgan Stanley
The bank expects the total NFT market to grow to $300 billion by that year.
Crypto Market Cap Plunges, South Korean Banks Head Into Metaverse
AntChain instigates rules to prevent NFT hype. The crypto market takes a plunge. South Korean banks jump on the metaverse bandwagon. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."