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Author: cointechies
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…
Three years ago, Ubisoft promised to start producing its own blockchain games. Last week we stealth launched a full-fledged Web3 game called Champions Tactics: Grimoria Chronicles on PC, and now it looks like it's a success.Champions Tactics is advertised as a “PVP tactical RPG game on PC” and is developed and published by Ubisoft. It includes collectible figures of various warriors from the in-game fantasy world of Grimoria, where players are formed into teams of three and fight in turn-based combat. It's oddly reminiscent of Darkest Dungeon. It's not at all obvious from the trailer that this is a Web3…
In recent years, the Metaverse has taken a backseat as better technologies such as artificial intelligence (AI) have taken over the headlines. But the sector continues to grow, with one report saying it will be a $1.2 trillion market by 2033. According to a report by Brainy Insights, a market research firm based in Pune, India, the value of the Metaverse market reached $62.22 billion in 2023. The report credits the COVID-19 pandemic with driving technology growth through increased remote work and remote work. Interactive distance learning. The post-COVID-19 period has accelerated the growth of the metaverse as several major…
Cryptocurrencies widen losses in the past 24 hours amid global risk aversion market ahead of the release of US CPI data on Wednesday morning. Reports of China's antitrust investigation into NVIDIA also had an impact on sentiment.The total market capitalization of cryptocurrencies fell by more than 4% overnight to a level of $3.45 trillion. Only 7 of the top 100 cryptocurrencies have gained more than 1% overnight.The meme category's market capitalization fell 10.4% overnight to $116.6 billion, giving it a market share of 3.4%. The political meme category recorded a 16 percent drop in market capitalization overnight, while celebrity memes…
Bitcoin (BTC-USD) hit a key milestone of 100,000 on Wednesday night with a stunning rally driven by the belief that President-elect Donald Trump's administration will create a crypto-friendly regulatory environment. The dollar has fallen from its all-time high on Thursday afternoon. Bitcoin has rallied more than 40% since President Trump's victory in November, reaching just short of the $100,000 milestone multiple times. On Thursday, the token rose above $103,000 before falling. Trump cheered the move on his social media platform Truth Social early Thursday morning, telling crypto enthusiasts that he welcomed the rally following his election victory last month. “Congratulations…