Solice Raises $4.36M to Build the First Cross-Platform VR Metaverse on Solana

Solice, a Solana-based 3D Metaverse, has successfully closed $4.36 million in a seed and private sale led by Three Arrows Capital, Animoca Brands and Defiance Capital. Solice’s vision is to offer a deeply immersive Metaverse in which users can play, build, own, socialize, and monetize their virtual experiences across multiple platforms.  Additional backers and partners in the round include Alameda Research, Solanium Ventures, Skyvision Capital, Jump Capital, Genblock Capital, Kucoin Labs, Solar Eco Fund, CMS Holdings, Maven Capital, A41 Ventures,…

Metaverse Frenzy Grips Chinese Investors, Despite Warnings From State Media

Small and medium Chinese investors are "licking the blood on the edge of a knife," when investing in the Metaverse. At least that is what a report in a Chinese state-owned paper claims. Since Mark Zuckerberg announced that Facebook will be rebranding into Meta Platforms, companies have been racing to claim the space. The Metaverse will be a digital space where users can interact with each other and their virtual environment. The tech could revolutionize the way we work, travel…

MetaSoccer Raises 2 million Euros to Launch the First Football Game in the Metaverse

The operation is backed by international funds such as Play Ventures, Defiance Capital, Parafi Capital, DAO Maker, Kyros Ventures, Metrix Capital, and Peech Capital.  The advisory board is comprised by Youtubers Willy Rex, Reven, and Kmanus88  The project has already issued 72 million of its token (MSU) in private sale and 18 million in public sale.  The company's goal is to elevate MetaSoccer's professional leagues to the current football leagues. With this round of financing, the founders will hire new…

The Metaverse and Its Dependency on Blockchain & Cryptocurrencies

The metaverse was once nothing more than a futuristic concept. However, it is now taking shape, and cryptocurrency and blockchain technologies have an integral role in its development. “The metaverse will be the gateway to most digital experiences, a key component of all physical ones, and the next great labor platform,” says Matthew Ball, a renowned venture capitalist. This statement defines the metaverse quite well in a nutshell. However, we still have a lot more to learn about the next…

vEMPIRE Seeks to Restore Order in the Metaverse

Anyone who has participated in metaverse gaming can attest that many of these platforms have become run by a select few gaming organizations. Much like real life, these groups have concentrated their power to retain their control within the ecosystem. Now, vEMPIRE seeks to return these communities to their rightful owners - you.  Notably, the project was selected as the fourth protocol out of 450 to be included on Unicrypt's Incubated ILO Launchpad. The network intends to release its native…