Forever Has Fallen Launches Interactive Metaverse Experience Powered by NFTs
NFTgators » Metaverse
by Nicholas Kitonyi
1w ago
Quick take: Players are cast as Bounty Hunters and can earn rewards by completing challenges that include escape rooms. Players begin by gathering clues that lead them to fictional websites, easter egg discovery, and character interaction on social media. The ticketing system allows fans to earn 3 tickets which they can sell on a marketplace for $30 to new fans. Forever Has Fallen has launched its interactive metaverse platform that allows players to earn rewards by completing challenges as bounty hunters. Launching to the public on March 19, 2023, the story-driven metaverse experience also ..read more
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Upland Announces the “Share and Build” Airdrop Series Ahead of Sparklet Token Launch
NFTgators » Metaverse
by Nicholas Kitonyi
1w ago
Quick take: Spark is used by players to acquire digital plots or land and in-game assets within the Upland platform. The upcoming token Sparklet will be tradable on external platforms, thus creating more use cases for the Spark token, which can be bridged to Sparklet. Participants in the upcoming “Share and Build” airdrop will earn points by engaging with Upland, Sparklet, and Spark content on X (Twitter). Upland, the leading Web3 metaverse platform that allows users to acquire digital plots of land based on real-world locations has announced the “Share and Build” Airdrop Series. The announc ..read more
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DroppGroup and Oracle Launch the World’s First Cultural Metaverse in Saudi Arabia
NFTgators » Metaverse
by Nicholas Kitonyi
1M ago
Quick take: The platform is powered by droppGroup’s Generative Media Intelligence (GMI) AI system droppPhygital and Oracle’s Hyperledger Fabric 2.5 blockchain technology. The platform went live on February 22nd to commemorate Saudi Arabia’s National Founding Day 2024. Users were able to immersively experience multiple events hosted in a microverse platform during the founding day. Saudi Arabia’s Ministry of Culture has launched the world’s first government-operated national Metaverse platform to celebrate National Founding Day. Dubbed “Cultural Universe” the platform is powered by droppGroup ..read more
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Outlier Ventures Announces First Cohort of the Futureverse Base Camp Accelerator
NFTgators » Metaverse
by Nicholas Kitonyi
1M ago
Quick take: The startups are spread across, SocialFi, Gaming, the metaverse, on-chain infrastructure, customer loyalty and crypto payments. The projects are all focused on accelerating the open metaverse through building on the Root Network. The 12-week accelerator program covers business building across product roadmap, community strategy, token design and economics, fundraising and more. Outlier Ventures has announced the first cohort of the Futureverse Base Camp Accelerator Program. The seven selected companies were chosen from 500 applications worldwide. They include six pre-seed stage s ..read more
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Disney Invests $1.5 Billion in Epic Games for Metaverse-Like Gaming and Entertainment Universe
NFTgators » Metaverse
by Nicholas Kitonyi
1M ago
Quick take: Disney’s bid to bring some of its most iconic stories and characters to Fortnite is part of its strategy for adapting to the young generation. The $1.5 billion is subject to customary closing conditions and regulatory approvals. The new universe will feature characters from Disney, Pixar, Marvel, Star Wars, Avatar and more. Disney may have dissolved its 50-member metaverse division, but its actions suggest the global entertainment conglomerate may not be done with creating immersive experiences in virtual spaces. On Wednesday, Disney CEO Robert Iger told CNBC during an analyst ca ..read more
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EA CEO Hints Potential Foray Into the Metaverse to Expand Player Interactions
NFTgators » Metaverse
by Nicholas Kitonyi
2M ago
Quick take: Wilson said EA has a “meaningful opportunity” in the years ahead about how to harness the enthusiasm of EA sports games. Although EA has refrained from using the word metaverse, it has been keen on capturing the opportunity in user-generated content in the gaming industry. On Tuesday, he told investors to “watch this space”.   Electronic Arts (EA) is taking note of the key developments taking place in the gaming industry. The company has been keen on leveraging user-generated content in the gaming industry to supercharge interactions between players in its various sport ..read more
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Gerry Cardinale’s RedBird Capital Leads $110M Series D for Build a Rocket Boy
NFTgators » Metaverse
by Nicholas Kitonyi
2M ago
Quick take: Build a Rocket Boy is building an immersive gaming platform dubbed EVERYWHERE and a AAA game MindsEye. The company is also developing a suite of easy-to-use UGC design tools called ARCADIA. The round also attracted participation from Galaxy Interactive, NetEase Games, Endeavor, Alignment Growth, Woodline Partners LP and GTAM Partners, among others. Build a Rocke Boy has announced the completion of a $110 million Series D round led by US-based entertainment-focused venture capital firm RedBird Capital. The fundraising also attracted participation from existing investors including ..read more
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Upland Metaverse Users Made $13.5M from Playing Games and Selling Property in 2023
NFTgators » Metaverse
by Nicholas Kitonyi
2M ago
Quick take: Upland allows players to generate revenue through gameplay, strategy and creations, which can be withdrawn directly to PayPal or via Upland’s in-game currency UPX. PayPal withdrawals are done in partnership with Tilia, an all-in-one payments platform created by the metaverse platform Second Life. Upland plans to launch its Ethereum-based token Sparklet in the first quarter of 2024. GameFi platform Upland has revealed players withdrew more than $13.5 million in revenues from its platform in 2023. “This achievement underscores Upland’s thriving digital economy and its commitment to ..read more
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The UK’s NCA Boss Says Rape and Murder in the Metaverse Could Be Treated as Crime
NFTgators » Metaverse
by Nicholas Kitonyi
3M ago
Quick take: The NCA boss said rape and murder committed in virtual reality can cause a real-life impact on the victims. Biggar told the UK’s Evening Standard that his agency is already working out how to police the metaverse. According to Biggar, metaverse users wearing a haptic suit will be able to feel the physical impact of a rape or murder. The UK’s National Crime Agency has asked law enforcers to prepare for potential metaverse-based crimes that might have real-life physical impact on the victims. The NCA director general Graeme Biggar told the Evening Standard in an interview that rape ..read more
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Reebok and Futureverse Team Up to Launch New Metaverse Experiences
NFTgators » Metaverse
by Nicholas Kitonyi
3M ago
Quick take: Reebok and Futureverse have launched “Reebok Impact”, an AI-powered digital shoe experience. The collaboration blends AI, web3, gaming, and metaverse technologies, to redefine how digital fashion. Reebok follows the likes of Nike, Asics and Adidas, which have launched metaverse experiences. Sportswear and fashion brand Reebok has announced a partnership with AI and metaverse technology company Futureverse to redefine digital fashion. The two companies will debut “Reebok Impact”, a digital shoe experience that will allow mass consumers to dive into artificial intelligence and digi ..read more
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