The Latest Breaking News from metaverse

What happened: Virtual land tokenized as an NFT just sold for $20,523, which is 6.06x the current floor price of 1.65 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

You’ve likely heard recently how the metaverse will usher in a new era of digital connectivity, virtual reality (VR) experiences and e-commerce. Tech companies are betting big on it: Microsoft’s massive US$68.7 billion acquisition of game developing giant Activision Blizzard reflected the company’s desire to bolster its position in the…

A slew of celebrity endorsements helped inflate a multi-billion dollar bubble around digital tokens over the past year, but cryptocurrencies are crashing and some fear NFTs could be next. NFTs are tokens linked to digital images, "collectable" items, avatars in games or property and objects in the burgeoning virtual world…

The not-for-profit HomeStart helps strapped families with proceeds from the sale of virtual apartments.

The space agency is collaborating with Epic Games to create a metaverse experience on the Red Planet. 

The LaLiga agreement lets users compete in metaverse challenges and mini-games and collect items for their digital avatar.

The World Health Organization’s newly released report on regulating cross-border alcohol marketing raises the alarm for countries like Australia and New Zealand, given their light touch towards alcohol advertising.

UK parkour champ Robbie Griffith, BMX rider Connor Stitt and break-dancer B-Girl Terra also participate in the virtual games.

Silicon Valley-based venture capital firm Andreessen Horowitz, or a16z, plans to launch a new $600 million metaverse fund.  What Happened: In a recent blog post, Andreessen Horowitz announced the launch of the fund, which would support innovation in the gaming industry and help build the infrastructure of the metaverse.

What happened: Virtual land tokenized as an NFT just sold for $10,373, which is 2.43x the current floor price of 2.17486825 Ethereum (CRYPTO: ETH) ($10,373 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

What happened: Virtual land tokenized as an NFT just sold for $3,883, which is 1.11x the current floor price of 1.795 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.