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Aéropostale will launch virtual shopping in the Metaverse
The clothing brand Aéropostale has partnered with MetaversePlus to bring the online shopping and gaming experience to the Metaverse. The first phase, set to launch on March 23, will focus on AeroPax. AeroPax is a collection of one-of-a-kind NFTs, which will build community and give members exclusive perks, including access to limited-edition apparel and VIP promotions. In celebration […]
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Al Ula gets a hot air balloon in the Metaverse
The Royal Commission for Al Ula’s (RCU) recent debut in the world of the Metaverse invited visitors to discover and explore a to-scale and completely immersive 3D model of Hegra’s Tomb of Lihyan, Son of Kuza – the first UNESCO World Heritage site in the exciting, and globally accessible, digital realm. Now, RCU has gone one […]
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Decentraland to host 2nd annual Metaverse Fashion Week next week
Decentraland is hosting its second annual Metaverse Fashion Week (MVFW) next month, bringing in a slate of global brands to showcase their digital wearables, the company said Monday. Set to run from March 28-31 in Decentraland’s Luxury District, home of last year’s MVFW, the event will include Dolce & Gabbana, DKNY and Tommy Hilfiger returning with […]
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Crypto could see an opportunity in Europe following the collapse of SVB and Silvergate
After the collapse of Sivergate and SVB, a lot of start-ups and venture capital firms are looking to diversify the banks they deal with. Crypto, however, does not have that option. Within the US there is already a limited number of crypto-friendly banks which has just significantly gone down in the past 2 weeks. [T]he […]
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Should the crypto industry be concerned with the recent bank defaults?
Two of the banks that were friendliest to the crypto sector and the biggest bank for tech startups all failed in less than a week. While cryptocurrency prices rallied Sunday night after the federal government stepped in to provide a backstop for depositors in two of the banks, the events sparked instability in the stablecoin […]
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Dentsu MENA hosts inaugural Now to Next event in Riyadh
International advertising group Dentsu held the first edition of the Now to Next event in Riyadh, bringing together global and local experts to discuss industry challenges and plan for future opportunities in the Kingdom and the wider region. “With every challenge comes opportunity. Beyond the pandemic, we are experiencing a slowing global economy where customer […]
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South Korea Doubles Down on Metaverse, Announces $51 Million Investment in Related Projects
The Ministry of Science and ICT of South Korea has approved investments of $51 million in various metaverse projects, doubling down on its metaverse bet for the future. The investment includes a fund for supporting the growth of metaverse companies and another special investment to build several services including region-specific projects. South Korea Continues Investing […]
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Silicon Valley Bank collapse sparks concern for the tech industry but the crypto industry remains relatively unscathed
Silicon Valley Bank was in “sound financial condition prior to March 9,” according to an order from California’s Department of Financial Protection and Innovation. It became insolvent after investors and depositors caused a run on its holdings, the order said. Silicon Valley Bank appears to have had a relatively small footprint in the crypto industry. Historically, many […]
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Saudi based company, FalconViz develops their Metaverse to aid multiple industries
Before digital twins and even drone-based photogrammetry were known by the public, FalconViz has been developing the tools of the future. To that extent, at the BIM and Digital Twins Exhibition 2023 in Riyadh, the company announced the launch of the FalconViz Metaverse which aims to launch the company into the new age of digitization. […]
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