Meta/Web 3.0 News

With Web 2.0, all content is centralized in the Big Tech companies grouping, but Web 3.0 is looking to change that. Powered by blockchain technology and economics based on tokens, Web 3.0 is in line with crypto’s decentralization tenets.

While the term itself was coined in 2014, this movement to evolve the world wide web gained traction only recently, in 2021. In the meantime, many technology and venture capital companies have taken part in it. Apart from our regular Web 3.0 news, you can also find our Conferences Calendar, of which many revolve around Web 3.0.

Metaverse is a decentralized virtual meta-world, created to be an online space of innovation and collaboration. It allows users to create and explore digital assets and interact in various ways, including through games, commerce, social networking, media sharing, and more. It’s a meta-world built on blockchain technology with its own native cryptocurrency – Metaverse Token (ETP).

It allows users to create whatever they want by layering different “realms” together. These realms can be anything from gaming worlds to educational landscapes or even virtual cities.

The metaverse also offers many opportunities for businesses and entrepreneurs looking to capitalize on this new technology. Businesses can create their own digital properties, such as digital currencies or tokens, which they can trade on the metaverse marketplaces. This provides companies with an alternative way of conducting business transactions without relying solely on traditional methods such as banks or credit cards.

Furthermore, individuals have the potential to make money by trading digital assets within the metaverse ecosystem or through creating original content within this new world. This further promotes creativity and entrepreneurship by empowering people who may not otherwise have access to capital markets or traditional investing methods.

Read more about all web 3 and metaverse news and updates below.

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Chain sports sponsorship
Meta/Web 3.0 News
NFT Software Firm Chain Becomes Official Sponsor of New England Patriots

Web3 software company Chain announced that it had become an official marketing partner of Kraft Sports + Entertainment. Thus, Chain is now the blockchain sponsor of the American football team New England Patriots, the soccer team New England Revolution, the teams’ Gillette Stadium, and the adjacent shopping center, Patriot Place. According to Chain’s representative, the […]

23.09.2022 09:191 min read
Near web3 fund
Meta/Web 3.0 News
Near Foundation and Caerus Ventures Launch $100 Million Web3 Fund

Near Foundation and Caerus Ventures have announced a new $100 million venture capital fund dedicated to financing Web3 projects. Near Foundation is a Swiss non-profit organization that oversees the development of the dApp platform, Near Protocol. Caerus Ventures is a notable capital investment company. Together, they will be supporting developers and engineers working in Web3 […]

15.09.2022 09:291 min read
Revolving Games funding
Meta/Web 3.0 News
Revolving Games Gathers $13.2 Million for the Development of AAA Web3 Games

Smartphone gaming publisher, Revolving Games, announced that it received $13.2 million in funding from investors including Pantera Capital, Animoca Brands, and Polygon. The gaming company will invest the funds into its upcoming Web3 titles. According to a company’s representative, Revolving Games is looking to make decentralized and free-to-play AAA games. They want to attract traditional […]

12.09.2022 09:061 min read
Meta/Web 3.0 News
Symbolic Capital Launches a $50 Million Web3 Fund

Despite the adverse conditions in the crypto market, Symbolic Capital has announced a $50 million fund for supporting early-stage Web3 projects. Symbolic Capital is a relatively new company founded in May 2022 and headed by industry veterans – the Polygon founder, Sandeep Nailwal, and Cere Network’s founder, Kenzi Wang. According to the company’s announcement, this […]

26.08.2022 09:441 min read
Meta/Web 3.0 News
Everyrealm CEO Sued for Harassment

Trouble at Everyrealm, the successful metaverse startup. Its CEO, Janine Yorio, as well as several other employees, have been sued by two former employees for harassment. Teyo Johnson, the former Strategic Partnerships Director at the company and a retired Afroamerican NFL player, claims that Yorio has harassed him on a racial basis. And the former […]

09.08.2022 10:151 min read
Meta/Web 3.0 News
FTC Sues Meta to Prevent It From Taking Over the Metaverse

The United States Federal Trade Commission (FTC) has sued Meta in order to stop it from purchasing Within, a developer of VR-based fitness applications. FTC claims that the purchase would have granted Meta monopoly over the entire metaverse space. Within is the developer behind the popular VR fitness app, Supernatural. Meta, the owner of Facebook, […]

28.07.2022 10:331 min read
Meta/Web 3.0 News
Animoca Brands Leads a New Web3 Alliance

A digital entertainment company, Animoca Brands, announced that it has joined forces with several other prominent companies in order to create a new Metaverse alliance. The goal of the Open Metaverse Alliance for Web3 (OMA3) is to address the challenges of the emerging metaverse environment, with the key goal of maintaining the freedom of information. […]

25.07.2022 11:351 min read
Meta/Web 3.0 News
Solana Launches a Mobile Platform and Announces its Android Smartphone

Solana Labs has announced the launch of the Solana Mobile Stack ecosystem for Android. It also announced Saga, its upcoming Android smartphone. Solana Mobile Stack (SMS) is an open-source software kit. It enables the development of native Android apps on the Solana blockchain. The kit is already available for developers. SMS comes with several notable […]

24.06.2022 16:232 min read
Meta/Web 3.0 News
“It’s Always Sunny” Star Rob McElhenney Creates an NFT-Based Writers’ Room

Actor and writer Rob McElhenney of the “It’s Always Sunny in Philadelphia” fame has formed a new “entertainment-tech” company named Adim. The company will provide a virtual writers’ room for collaboration between writers. Each of the participants will receive ownership of the developed IP via non-fungible tokens (NFTs). Initially, 100 writers will be selected from […]

08.06.2022 09:012 min read
Meta/Web 3.0 News
UPS enters the Metaverse market with delivery services

US postal operator United Parcel Service (UPS) has filed for the trademarks of UPS in the form of NFTs for working in metaverses.

13.04.2022 20:291 min read
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