Standard Chartered Bank immerses in the Metaverse

    Standard Chartered, one of the biggest banks in the UK, announced on Monday it had partnered with The Sandbox to develop a Metaverse for its banking clients and supporters. The virtual land grab will allow the bank to engage clients and fans in a creative environment. Standard Chartered Bank has become the latest major bank…

    Metaverse virtual real estate grossed $100 million last week

    Interest in Metaverse and associated features, like virtual lands and real estate, is in hot demand, available data from DappRadar shows. Over $100 million was spent on purchasing these virtual properties last week, including the Sandbox grossing over $80 million and Decentraland above $15 million. According to DappRadar, Metaverse-related projects like The Sandbox, Decentraland, CryptoVoxels,…

    NFT bubble popped? Study shows NFT sales dropped 90% over last month

    According to a recent analysis by crypto news site Protos, non-fungible token (NFT) sales plummeted 90% since the record sales on May 3. Market data shows over 130,000 NFT sales in a single day, and 30 days later, NFT sales dropped more than 35% last month, reaching over 84,000. Since peaking on May 3, when…