Imagine a game where you can see your NFT, inspect it, purchase it, and use it your way. Non-fungible tokens, or NFTs, have been growing in popularity among cryptocurrency investors. According to the popular NFT statistics site NFTGO.io, its total market cap jumped from $55 million to more than $7 billion in 2021. However, the […]
Metaverse Hype to Transition into New Business Models that Extend Digital Business Metaverse seems to be the talk of the decade, with companies jumping at opportunities to be a part of the digital world. From metaverse offerings to buying digital land, not a day goes by without a new business venturing into it. According to […]
Emerge, a social virtual connection company, announced the launch of the Emerge Home system: the first product to enable immersive ‘bare-hands’ tactile experiences in the Metaverse. A recent study from National Research Group, uncovering consumer views of the Metaverse found that the majority are excited about the Metaverse, but 78 per cent of consumers say […]
2022 is off to a flying start. From metaverse and experience cloud to Amazon’s Alexa and Cisco’s Webex going to the Moon, we’ve been keeping an eye on all the top tech news and releases, many of which might shape the trends and stories that will occupy us in the days ahead. Catch up on […]
French startup Exotec has raised a $335 million Series D round in a new round of funding led by Goldman Sachs’ Growth Equity business. Following today’s investment, the company has reached a valuation of $2 billion. Exotec sells a complete end-to-end solution to turn a regular warehouse into a partially automated logistics platform. It’s a […]
Research firm MarketsandMarkets valued the worldwide market for conversational artificial intelligence at $6.8 billion in 2021 and expects it to reach $18.4 billion by 2026, growing at a compounded annual rate of 21.8 percent. Conversational AI, the report said, involves three basic technologies: machine learning and deep learning, natural language processing, and automated speech recognition. […]
Algonomy, an algorithmic decisioning platform, will showcase its expanded platform that features new and advanced uses of AI that enable real-time customer engagement. Working with some of the world’s largest brands such as eBay, McDonald’s, Price Chopper, Tiffany & Co., Pizza Hut, Domino’s, HP and Boots, Algonomy leads the industry when it comes to creating […]
First movers have a strategic advantage to set the rules and test the waters for the way businesses will operate and monetise the metaverse In November, a patch of virtual real estate in Decentraland sold for a record $2.4 million worth of cryptocurrency. The buyer was crypto investor Tokens.com. It was the most expensive plot […]
Harper+Scott, the creative agency for the sourcing, design and production of sustainable branded merchandise and private retail goods, announced a new division, H+S META, to bring its white glove creative services to the metaverse. Since its inception in 2014, Harper+Scott has been at the forefront of innovation, partnering with some of the world’s greatest brands […]
Melodity is taking the music industry one huge step further towards the decentralised creator economy and has started to build Web 3.0 monetisation infrastructure to support musicians in completely new ways. To do so, Melodity is building a premier ecosystem that consists of play-to-earn (P2E), listen-to-earn (L2E) and Metaverse based on a proprietary blockchain that […]
