Category: Decentraland

A ‘very ambitious’ $100M Metaverse R&D hub is being built in Melbourne

June 23, 2022

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“We’re really designing a whole world,” Two Bulls founder James Kane said about the role his business will play in the yet-to-launch metaverse. 946 Total views 17 Total shares Thailand-based metaverse startup Translucia Global Innovation has partnered with the Australian software development firm Two Bulls and set aside an initial budget of $100 million to […]

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Metaverse could be worth $5 trillion by 2030: McKinsey report

June 16, 2022

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Global spending in the metaverse could reach $5 trillion by 2030, according to a new report from international consulting firm McKinsey & Company.  Published yesterday, the 77-page report titled “Value Creation in the Metaverse” analyzed current adoption trends and drew additional insight from two global surveys; one gathered data from 3,104 consumers across 11 countries, […]

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Yahoo launching Metaverse events for Hong Kong residents under restrictions

June 16, 2022

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Yahoo has announced its intention to launch a series of Metaverse projects in Hong Kong, apparently creating a brief rally for Decentraland’s native token, MANA. 1523 Total views 9 Total shares Yahoo has announced a series of Metaverse and nonfungible token- (NFT)-related activities in Hong Kong, a day after Meta Platforms outlined its own metaverse […]

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Top 5 cryptocurrencies to watch this week: BTC, ADA, XLM, XMR, MANA

June 5, 2022

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The bears are trying to extend Bitcoin’s (BTC) record of nine consecutive red weekly candles to ten weeks, but the bulls are trying to avert this negative occurrence. Although sentiment remains negative, Arthur Hayes, former CEO of derivatives giant BitMEX, anticipates Bitcoin to bottom out in the range of $25,000 to $27,000. On-chain data from […]

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Top 5 cryptocurrencies to watch this week: BTC, BNB, XMR, ETC, MANA

May 22, 2022

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The Dow Jones Industrial Average has declined for eight consecutive weeks, the first such losing streak since 1923. On May 20, the S&P 500 briefly fell into bear market territory, indicating that traders continue to sell risky assets in fear of a recession.  Due to its tight correlation with US equities markets, Bitcoin (BTC) has […]

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Nifty News: Luxury brands join Decentraland’s Metaverse Fashion Week

March 29, 2022

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This past weekend, Decentraland hosted the Metaverse Fashion Week, or MVFW, a four-day digital fashion event that staged wearables on virtual runways, organized discussion panels, and housed shopping experiences. A lineup of both legacy luxury labels and digital brands participated, including Dolce & Gabbana, Etro, Tommy Hilfiger, Estée Lauder, and Elie Saab. Meanwhile, digital-native fashion houses […]

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Top 5 cryptocurrencies to watch this week: BTC, LEO, MANA, KLAY, XTZ

February 20, 2022

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Russia’s massive build-up of soldiers, warplanes, equipment and extended military drills near Ukraine’s borders increased fears of a possible invasion within the next few days. That could have renewed selling in Bitcoin (BTC), which plummeted below the strong support at $39,600. Among the gloom and doom, there is a ray of hope for crypto investors […]

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Top 5 cryptocurrencies to watch this week: BTC, ETH, NEAR, MANA, LEO

February 6, 2022

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Bitcoin (BTC) surged above the $40,000 psychological resistance on Feb. 4 and successfully held the level over the weekend. This boosted the total crypto market capitalization from $1.78 trillion on Feb. 3 to about $2 trillion on Feb. 6, according to data from CoinGecko. A new financial disclosure by Senator Ted Cruz shows that he bought […]

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5 times quickfire crypto traders bought the news for double (or triple) digit profits

December 11, 2021

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Why do crypto traders “buy the rumor, sell the news”? Simple. Because whispers of exchange listings or big-name partnerships reach very few people… while an article in Cointelegraph can reach hundreds of thousands of crypto enthusiasts in seconds. While insiders are quietly amassing tokens on rumors, the rest of us are completely ignorant of what […]

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Digital land in Decentraland sells for $913K… to a virtual property developer

June 18, 2021

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A virtual plot of real estate situated within the Ethereum-based open-world game, Decentraland, has sold for more than $913,000 — valuing the intangible property on par with the average price of a real world house in Brooklyn, New York. Virtual real estate is sold in the form of nonfungible tokens (NFTs) dubbed LAND in Decentraland, […]

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