Explore why metaverse land boomed back in 2021 and then crashed in 2022, from hype and weak tech to low users and falling NFT ...

LONDON (Reuters) – The company behind the “Bored Ape” series of NFTs has raised around $285 million worth of cryptocurrency by selling tokens which represent land in a virtual world game it says it is ...

Last week, 55,000 parcels of “virtual land” were sold on the Ethereum blockchain for more than $300 million, the largest nonfungible token (NFT) mint ever. It wasn’t without controversy. In return for ...

Digital assets, like virtual private islands and mere plots of land such as the JPMorgan Chase & Co. (NYSE:JPM) lounge in Decentraland (CRYPTO: MANA), witnessed multi-fold price appreciation during ...

Land has forever been intrinsically valuable to humanity, synonymous with prosperity and security. Besides generating high returns from rents and leases, individuals rely heavily upon land as an ...

Illuvium's sale of virtual land parcels generated more than $72 Million in revenue. By using the Immutable engine, despite major hype around sales, no gas wars occurred. Ready to turn the market’s ...

It’s precisely this difference that changes the relationship players hold with the game. Time spent playing can result in ...

The creator of Bored Ape Yacht Club is about to sell $300 million in metaverse land for its game "Otherside." Yuga Labs will issue digital "deeds" for up to 55,000 plots of metaverse property. The ...

At first glance, the metaverse may seem like a collection of immersive digital environments that only gamers and gaming companies can benefit from. However, this cannot be further from the truth.

Overview: NFT influencers now shape culture, education, and real-world use, moving NFTs far beyond simple digital ...