Web3 relies on participatory economics, and that is what is missing – Participation

    Web3 needs to reframe around participation in terms of technology, architecture, design, and talent to achieve a decentralized internet, Nitin Gaur shares his opinion on Cointelegraph. Web3 is hailed as a technology paradigm that is fueled by the creator economy and is in the future, or rather, the next evolution of the internet. As we…

    South Korea plans to invest $187 million to build its national metaverse ecosystem

    South Korea’s Ministry has reportedly offered $186.7 million to build a comprehensive metaverse ecosystem. By 2026, South Korea’s government wants to create the fifth-largest metaverse market in the world. This money would be utilized to assist the impactful expansion of digital content as well as business growth across the country. South Korea will spend at…

    JPMorgan becomes the first bank in the Decentraland metaverse

    JPMorgan, the largest US lender, had become the first bank to arrive in the metaverse, having opened the Onyx lounge in a blockchain-based virtual world Decentraland. According to a report, the bank sees “limitless” opportunities in the virtual world, with a new workforce and expanded virtual real-estate ownership financed by DAOs. JPMorgan Chase has opened…

    McDonald’s reportedly plans to build the metaverse restaurant

    McDonald’s, the world’s largest fast-food franchise, has filed 10 trademark applications to put McDonald’s restaurants in the metaverse. So not only will you be able to visit a digital version of the golden arches, but you’ll also be able to order popular items such as the Big Mac, a cheeseburger Happy Meal, or a McChicken,…

    Metaverse crypto coin Metahero is betting on the Middle East investors

    Metahero (HERO) token was up over 18% last Friday, following the front cover placement of Everdome on Arabian Business, the leading investor magazine in the Middle East. After the successful presale, raising over $6.9 million, HERO is a highly underrated project, making it a great opportunity for early investors. Launched in July 2021, Metahero is…

    Samsung immerses in the Decentraland metaverse

    Samsung has built an entire mini-city on the Ethereum based Decentraland metaverse from where they livestreamed their big Samsung Unpacked event showcasing their latest phone and tech. The South Korean-based giant with yearly revenue of $200 billion has created an immersive experience on Decentraland that gamefies exploring their city corner through a mini-game. After entering…