Non-fungible token (NFT) gaming platform The Sandbox is looking to raise about $400 million in a funding round from new and previous backers at a valuation in excess of $4 billion, Bloomberg reported Tuesday (April 19), citing unnamed sources with insider information. Get the Full...
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As brands continue to explore the potential of metaverse commerce, more restaurants are making moves to create digital spaces. Los Angeles plant-based burger brand Honeybee Burger announced Tuesday (April 12) a collaboration with food metaverse OneRare to create a virtual restaurant. Get the Full Story...
In early April, the Internet Advertising Bureau (IAB) held what it called the “first event of its kind” convening agencies, brands, platforms and developers to get a grip on advertising opportunities in gaming that are seen as extremely promising, though underutilized. Get the Full Story...
Wendy’s has opened a virtual reality restaurant in the metaverse, a NJ.com report said Wednesday (April 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Sixteen years ago, a group of World of Warcraft (WoW) players organized an in-game funeral for a real-life guild member who had passed away. The player, whose in-game avatar was named Fayejin, liked snow and fishing, so they gathered by a good fishing lake in...
The Digital Pets Company will be debuting artificial intelligence (AI) driven 3D digital dogs as companions, a report said Tuesday (April 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Meta is rolling out a payments tools for creators of virtual mini-worlds and communities in its Horizon Worlds metaverse platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
With a series of patent and trademark filings, Mastercard has revealed plans to move into metaverse commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...