Inevitable

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Meta’s VR platform Horizon hit 300,000 users

Horizon, Meta’s social virtual reality (VR) platform, has now 300,000 monthly users, a tenfold increase since its launch in early December. Horizon Worlds was released in early December to Oculus Quest VR headset users in the United States and Canada. Horizon Worlds was recently featured in Meta’s Super Bowl advertisement, and Meta CEO Mark Zuckerberg […]Read More

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Reese Witherspoon will bring World of Women NFTs into Movies

Hello Sunshine, a media company co-founded by Reese Witherspoon, has established a partnership with World of Women (WoW), an NFT collection with the aim of attracting more women to the world of NFTs and promoting diversity and equality. “While the crypto and NFT space is largely dominated by men, there are inspiring leaders like World of Women creating incredible […]Read More

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NYSE files trademark for NFT trading

According to a recent trademark application, the New York Stock Exchange filed for a trademark centered on virtual assets and NFTs last week. If the NYSE establishes a new marketplace, it would compete with Coinbase NFT Marketplace and OpenSea, the largest NFT marketplace today, with a market capitalization of $13.3 billion. The filing isn’t the exchange’s […]Read More

Tokens

$600M: Sequoia’s New Bet on Crypto Startup Tokens

In the heart of Silicon Valley, a new cryptocurrency fund has been formed by venture capital company Sequoia Capital, with a potential pool of up to $600 million to invest in the cryptocurrency space. Sequoia Capital said that the Sequoia Crypto Fund will be intended to invest in liquid coins and digital assets. As Sequoia […]Read More

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JPMorgan: The Metaverse is a $1 trillion opportunity

With a new research and some bold forecasts, Wall Street investment firm JPMorgan is the latest major name to declare its intentions towards the Metaverse. “Opportunities in the Metaverse” is the title of a paper issued this week by JPMorgan Chase that digs into virtual worlds and the seemingly limitless opportunities that the bank sees […]Read More

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Rainbow Ethereum Wallet Raises $18M

Ethereum mobile wallet company Rainbow today announced a $18 million Series A fundraising round led by Reddit co-founder Alexis Ohanian’s venture capital firm Seven Seven Six. Rainbow is a mobile wallet that lets users exchange crypto tokens, engage with decentralized apps, and buy and display NFT collectibles. “Many crypto users, myself included, regard Rainbow as […]Read More