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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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Google is looking into adding the metaverse, NFTs, and blockchain to YouTube
Google-owned YouTube on Thursday provided a snapshot of the video platform’s foray into the world of metaverse and blockchain, following the footsteps of other social media companies like ByteDance and Meta that have already begun harnessing the power of technology to bring immersive experiences for their users. Foray into the metaverse, NFTs YouTube’s Chief Product […]
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A study shows that the Middle East has shown the most interest in the Metaverse
The UAE has been ranked as the fourth most-interested country in the metaverse around the world, according to a study by the Hungarian company Brokerchooser. Other Arab countries that appeared on the list include Morocco, Saudi Arabia, Egypt, and Bahrain. The findings Source:
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Metaverse, NFTs and Crypto see increase in interest within the Middle East
Chalhoub Group last month unveiled “GCC State of the Metaverse and its Potential for Luxury Retail,” a report which revealed the thoughts of Gulf consumers about Web3, which includes the metaverse, cryptocurrencies and NFTs. The metaverse industry is currently worth $40 to $65 billion and is expected to reach $13 trillion by 2030. Arab News […]
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Mastercard is partnering with Polygon to create an Artist Accelerator Program
Mastercard is looking to provide emerging and aspiring artists the tools to navigate the Web3 space and digital economy. They have partnered with Polygon to create this platform that Mastercard has said will be easy for artists to use. Artists will be able to connect with Web3 experts and innovators, other musicians, and fans thorough […]
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The Middle East is taking the charge in Metaverse and Web3 innovation
Ever since Dubai announced its ambition to become one of the world’s top 10 metaverse economies, unveiling in July its ambitious Metaverse Strategy, the Middle East city has seen a whirlwind of virtual initiatives unfold across the city with organisations, public and private, clamouring to be the first to step into cyberspace. While the metaverse remains […]
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Saudi princess sees NFTs as the next medium of creative expression
On Monday night a panel discussion took place at the 2022 Jeddah Book Fair entitled “Technology, Imagination and the Marketing Game: Future Alliances: NFTs / Web3 / Metaverse.” While the crypto sphere continues to blur the lines between the virtual and physical worlds, Princess Reem Al-Faisal agreed that these technologies, the Web3 ecosystem, nonfungible tokens […]
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Japan is looking to invest in NFTs and the Metaverse
Japan’s Prime Minister Fumio Kishida said in a policy speech on Monday that the country’s plans for investing in digital transformation include non-fungible tokens (NFT) and metaverse services. The country has steadily been promoting investment in digital technology, including through tax incentives for companies that embrace a digital future. In his speech to Japan’s parliament, Kishida said the country […]
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BMW Venturing into NFTs and Metaverse
BMW, a prominent German automobile, motorcycle and engine manufacturing company, has applied to trademark its logo for non-fungible tokens as well as virtual environments, according to trademark attorney Mike Kondoudis. Its applications cover downloadable multimedia files containing artwork, text, audio and video featuring vehicles as well as “downloadable computer programs” featuring vehicles, toy vehicles, vehicle parts and accessories. […]
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The metaverse real estate is selling for millions
Real estate in the metaverse – land or structures in a virtual environment – is, in reality, nothing more than pixels on a computer screen, but its value is rising. Virtual land can be built upon to create experiences that lend themselves to advertising, marketing, socialising and entertainment. The type of properties that are being […]
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