metaverse Archives

Meta, Huawei, Alibaba’s DAMO Academy and Others Found Metaverse Standards Forum

Microsoft, Meta, and 34 other companies and organizations have formed a standards group - Metaverse Standards Forum - for metaverse tech.

Project Galaxy Cooperates With AlterVerse to Build New Sky City Space

Web3 credential data network Project Galaxy has partnered with metaverse project AlterVerse to build a new space in Sky City to create a reward and engagement strategy.

TIME Partners With The Sandbox to Build ‘TIME Square’ in Metaverse

The Sandbox and TIMEPieces, an NFT community initiative under US media company TIME, announced on Tuesday a new partnership to develop 'TIME Square', the firm's first-ever destination in the metaverse.

Tencent Forms New XR Department

Chinese tech giant Tencent announced the formal establishment of an extended reality (XR) department on Monday, betting on the virtual metaverse.

China NFT Weekly: Buy the Dip

This week: Animoca Brands acquires educational startup TinyTap, NFT platforms in China grow 5x in four months despite regulatory scrutiny, Yahoo to launch metaverse events for Hong Kong residents restricted by COVID measures, and more.

Hurun Releases List of Chinese Companies With Greatest Metaverse Potential

The Hurun Research Institute released on Tuesday a list of metaverse companies it believes show the most promise in 2022. The list is made up of the Top 200 Chinese enterprises with the greatest development potential in the field of the metaverse.

Livestreaming Entertainment Firm Inke Rebrands as Inkeverse

Beijing-based internet firm Inke Limited officially changed its name to Inkeverse Group Limited on Wednesday.

China’s STEPVR Opens Gate to the Metaverse

Founded in 2013, STEPVR took the lead in producing VR devices, and aims to popularize VR equipment much like PCs have become in people’s homes.

MetaJam: You Are What You BUIDL

When the ETH Shanghai Hackathon was on fire, Pandaily interviewed two of the four Co-Founders of MetaJam – Jean and Bob – looking back at their 'Aha!' moment for entering the rabbit hole of Web3, and their cautious but ambitious expectations for the future.

China NFT Weekly: VCs Pulling Back from Crypto

This week: Tencent-backed digital publisher jumps on NFT bandwagon, Chinese state media signals tighter crypto control following Terra's collapse, Coinbase rescinds accepted offers as valuation plummets, and more.

Artificial Intelligence Startup CloudWalk Debuts on STAR Market

CloudWalk, an artificial intelligence enterprise, was officially listed on the Shanghai Sci-Tech Innovation Board (STAR Market) on Friday.

STEPVR Releases “Gates01”: First Entry-Level Product For Metaverse

STEPVR, a VR technology service company, released Gates01, its first entry-level product for the metaverse on Thursday.

Chinese AR Company Goolton Technology and Intel to Jointly Develop Metaverse Ecology

Goolton Technology, a Chinese remote AR collaborative platform provider, and Intel (China) announced on Wednesday that they had reached an agreement on the ecological construction for the industrial Metaverse.

Taobao to Launch Metaverse Shopping for 618 E-Commerce Festival

In order to prepare for the upcoming 618 Shopping Festival, Chinese e-commerce giant Taobao has set up a special metaverse project team to create an optimized virtual shopping venue.

Metaverse UGC Platform BUD Secures $36.8M in B-Round Financing

Metaverse user-generated content (UGC) platform BUD recently completed a B round of financing totaling $36.8 million, led by Sequoia Capital India, followed by ClearVue Partners, NetEase and Northern Light Venture Capital.

China NFT Weekly: Keeping the Metaverse Open

This week: Tencent's gaming phone brand acquisition falls through as Beijing ramps up metaverse scrutiny, Animoca Brands to make foray into education, crypto sell-off trending on Chinese social media despite crypto ban, and more.

China NFT Weekly: Virtual Meetings Reimagined

This week: China's Communist Youth League launches NFTs, crypto mining rig maker Canaan added to SEC list of scrutinized Chinese companies, Regal Hotels to launch virtual conference center in the metaverse, and more.

APENFT: Challenge the Competitive Map of NFT Marketplaces

Chinese blockchain entrepreneur Justin Sun has announced that he successfully auctioned off a complete set of NFT works featuring the heads of the twelve animals for a price of almost $1.50 million from MetapolyXM.

Huawei Rotating Chairman Stresses R&D, Says: “We Will Face Even More Challenges This Year”

Following a series of setbacks, Huawei is casting its net wide to determine where its future core strengths will lie.

China NFT Weekly: Railway Journeys in Web3

This week: Rail operator MTR Corporations enters Web3 era by partnering with The Sandbox, Tsinghua University establishes China's first metaverse lab, and more.

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