Author: cointechies

Shaquille O'Neal has agreed to compensate investors who allegedly purchased unregistered securities related to his embattled Astrals NFT project, according to a court filing Monday. .Under the proposed settlement, O'Neal and related Astrals companies would pay $11 million in financial relief to compensate members of the settled class and to fund litigation costs. Pending court approval, O'Neal's NFT-related legal troubles will effectively come to an early end.The putative class action lawsuit is on behalf of investors who purchased NFTs from O'Neill's Astrals project, which features 10,000 Solana-based “metaverse-enabled avatars,” or governance tokens linked to the project's DAO called GLXY. I…

Interaction with others, a unique virtual experience with value in a shared digital space Virtual reality and the Metaverse are setting the stage for new ways to watch sporting events. New research from the University of Georgia suggests that users value the unique virtual interactions with others that digital events provide. Metaverse refers to a digital shared space that operates in real time. It is highly immersive and allows people from all over the world to interact in the same virtual space. This study focused on the metaverse-based streams of the 2022 FIFA World Cup, how participants viewed it, and…

We recently compiled a list of the 10 best Metaverse stocks to buy by hedge funds. In this article, we'll take a look at how Autodesk, Inc. (NASDAQ:ADSK) stands compared to other top Metaverse stocks to buy by hedge funds. According to McKinsey & Company, the Metaverse is an emerging 3D-enabled technology that uses virtual reality, augmented reality, and other advanced Internet and semiconductor technologies to enable people to have lifelike experiences online. It's a digital space. Fundamental features of the Metaverse include immersion, real-time interactivity, and user agency. Meanwhile, the full vision of the Metaverse includes platforms and devices…

We recently compiled a list of the 10 best Metaverse stocks to buy by hedge funds. In this article, we'll take a look at where Adobe Inc. (NASDAQ:ADBE) stands among other Metaverse stocks picked by hedge funds. According to McKinsey & Company, the Metaverse is an emerging 3D-enabled technology that uses virtual reality, augmented reality, and other advanced Internet and semiconductor technologies to enable people to have lifelike experiences online. It's a digital space. Fundamental features of the Metaverse include immersion, real-time interactivity, and user agency. Meanwhile, the full vision of the Metaverse includes platforms and devices that work seamlessly…

We recently compiled a list of the 10 best Metaverse stocks to buy by hedge funds. In this article, we'll take a look at how Microsoft Corporation (NASDAQ:MSFT) stands compared to other top Metaverse stocks to buy by hedge funds. According to McKinsey & Company, the Metaverse is an emerging 3D-enabled technology that uses virtual reality, augmented reality, and other advanced Internet and semiconductor technologies to enable people to have lifelike experiences online. It's a digital space. Fundamental features of the Metaverse include immersion, real-time interactivity, and user agency. Meanwhile, the full vision of the Metaverse includes platforms and devices…

We recently compiled a list of the 10 best Metaverse stocks to buy by hedge funds. In this article, we'll take a look at how Roblox Corporation (NYSE:RBLX) stands compared to other best Metaverse stocks. According to McKinsey & Company, the Metaverse is an emerging 3D-enabled technology that uses virtual reality, augmented reality, and other advanced Internet and semiconductor technologies to enable people to have lifelike experiences online. It's a digital space. Fundamental features of the Metaverse include immersion, real-time interactivity, and user agency. Meanwhile, the full vision of the Metaverse includes platforms and devices that work seamlessly with each…

Apple is known for launching iconic consumer devices across generations. But not all gadgets remain hits. Take Vision Pro, Apple's $3,500 mixed reality headset, which launched to much fanfare earlier this year. The company is now reportedly on the brink of discontinuing production after months of sluggish sales. If this were to happen, it would not be a surprising development. Apple failed to sustain early enthusiasm for the device, which it introduced as a breakthrough in “spatial computing” in areas ranging from immersive video to workplace collaboration to content creation. A common theme in online discussions and reviews about Vision…

MEMPHIS, Tenn. – A decade-long passion project aims to bring the Bluff City into the Metaverse. “I think the video game format is a great way to get people excited about Memphis,” said Corey Owens, who is creating a one-to-one scale digital recreation of the city of Memphis. Owens is calling the project the Memphis METAS Downtown Digital Twin. He studies reference images of iconic buildings and structures, such as the Hernando de Soto Bridge and the Bass Pro Pyramid, and painstakingly reconstructs them in the Unreal video game engine. “This passion project of mine was born out of my…

Last week, Ubisoft confounded us all by launching an NFT tactics game, Champions Tactics: Grimoria Chronicles, in the year of our Lord, 2024. That character costs a whopping $63,000 in cryptocurrency. Once you own it, you can do it with it. For the most part, these seem to be suitable for playing Champions Tactics. However, I noticed that all players connect and lose quickly to the same players at the same time, unless you want to play on the weekend.On Friday afternoon, players appeared on the official Champions Tactics Discord's bugs and feedback channel and began reporting that ranked matches…

Ubisoft's recently released NFT-based RPG is reportedly affected by what appears to be a game-breaking exploit.The game was released on PC last week and lets players form groups of three characters to battle enemies in turn-based combat. A Web3 feature of the game is that each of these characters essentially functions as an NFT and can be purchased in-game or with cryptocurrency.As X user Jauwnio pointed out, players of the company's “Web3 competitive turn-based RPG” Champions Tactics: Grimoria Chronicles are reporting that the game is impossible to play.The reason is that there is usually one user whose name is Schilleri11…