Minecraft Banned NFTs Pushing ‘NFT Worlds’ To Build Its Crypto Game

NFT Worlds was compelled to move away from Minecraft, but now known as Hytopia, the project is preparing to launch the game on its chain. When Minecraft said it would ban NFTs from one of the world’s largest games in 2022, one blockchain project specifically was hit the hardest: NFT Worlds. Two years later, the… Continue reading Minecraft Banned NFTs Pushing ‘NFT Worlds’ To Build Its Crypto Game

Microsoft And Aptos Labs Partner For Web3 Adoption Push

For most, the journey into Web3 and its underlying technology remains a challenging one. Mostly, the complexity works as a deterrent for any newcomers who are eager to rush into Web3. Despite the many evident utilities that come with blockchain, a notable disparity exists between its practicality and users’ doubts about its ease of use.… Continue reading Microsoft And Aptos Labs Partner For Web3 Adoption Push

The EU Is Leading The Way In The Metaverse And Web3

The European Union (EU) has already adopted a proactive stance towards emerging technologies, surrounding the metaverse, artificial intelligence (AI), and cryptos. With strategic foresight, the EU strives to take the lead in these revolutionary fields while also reducing the risk of Big Tech companies gaining overwhelming dominance. Interestingly, the EU is adopting these proactive measures… Continue reading The EU Is Leading The Way In The Metaverse And Web3

The Metaverse Is Predicted To Have 1.4 Billion Users By 2030

The metaverse keeps advancing as more developments are incorporated into the nascent space. Metaverse adoption by consumers is exploding, according to various metaverse metrics. Considerably, forecasts show an incredible 1.4 billion users in the coming seven years. In that context, the global market size for the metaverse is forecasted to reach a massive $484.8 billion… Continue reading The Metaverse Is Predicted To Have 1.4 Billion Users By 2030

Microsoft Edge Joins The NFT World With Built-In Wallet

Microsoft’s Edge browser is scheduled to soon feature a built-in wallet for crypto and nonfungible tokens (NFTs). A pseudonymous insider by the name “Albacore” leaked screenshots that showed the new functionality in the past week on Twitter. Since then, the tech giant is yet to make an official comment, but it does appear like the… Continue reading Microsoft Edge Joins The NFT World With Built-In Wallet

Xbox Boss Keen On Metaverse But ‘Cautious’ About P2E Games

The head of Microsoft’s gaming firm Xbox, Phil Spencer, is quite optimistic about the Metaverse. However, he remains ‘cautious’ about play-to-earn (P2E) cryptocurrency games because of their economic and speculative aspects. Phil Spencer insists that “gamers have been in the Metaverse for 30 years” as games have already offered 3D shared worlds for people to… Continue reading Xbox Boss Keen On Metaverse But ‘Cautious’ About P2E Games

Microsoft’s Bill Gates Criticized The Intangible Value Of NFTs

Bill Gates, the tech billionaire and the current fourth-richest person on the planet, has criticized the intangible value of the non-fungible token (NFTs). He questioned the intangibility of NFTs during the TechCrunch Climate Change conference on June 15. Notably, Bill Gates utilized his opportunity to explain some of the progress the society has made in… Continue reading Microsoft’s Bill Gates Criticized The Intangible Value Of NFTs

GameStop Thriving On Rumors Of Microsoft NFT Game Partnership

The executives from Immutable X and Microsoft seem to have hinted that the software behemoth may also be teaming up with GameStop for NFT games. In the wake of that information, the stock price of the popular video game store chain GameStop (GME) gained around 13% within a day. These gains came amid rumors circulating… Continue reading GameStop Thriving On Rumors Of Microsoft NFT Game Partnership