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Following the release of a digital mini-game called "Sheep a Sheep," which has recently gone viral in China, a new GameFi version has quietly been launched. Its token price has experienced roller coaster-like fluctuations within a short period of time.
Justin Sun, a Chinese cryptocurrency entrepreneur and the founder of Tron, a blockchain DAO ecosystem, is reportedly the core investor of Hong Kong-based investment company About Capital Management, which recently purchased crypto exchange Huobi Global.
Goolton Technology, a Chinese remote AR collaborative platform provider, and Intel (China) announced on Wednesday that they had reached an agreement on the ecological construction for the industrial Metaverse.
Mysten Labs, a Web3 infrastructure company and developer of the Sui Layer 1 blockchain, announced its completion of a $300 million Series B funding round on September 8. This fresh capital values the company at more than $2 billion.
Reddit co-founder Alexis Ohanian's venture capital arm Seven Seven Six (776 Management) funded the first round of funding of Doodles, a collection of 10,000 NFTs in the Web3 universe.
To prepare for the Ethereum Merge and secure the allocation of forked tokens in the case of a chain split, Binance said on September 5 that it would suspend deposits and withdrawals for Ethereum (ETH) and Wrapped Ethereum (WETH) on multiple networks.
Project Twelve (P12), a Web3 gaming platform, announced on Tuesday the close of $8 million in new funding, paving the way for an expanded ecosystem with an accessible and sustainable game creation platform.
As an advocate for social metaverse development in China, Tencent-backed platform Soul presented its two latest intelligent technology achievements – Ling OS and NAWA Engine – at the World Artificial Intelligence Conference on September 1.
TMELAND, the first virtual social music platform under Tencent Music Entertainment, opened a new metaverse zone for fans on October 24 during the Coca-Cola Fan Festival through WeChat mini programs in China.
This week: Rail operator MTR Corporations enters Web3 era by partnering with The Sandbox, Tsinghua University establishes China's first metaverse lab, and more.
OpenSea, a Web3 marketplace for NFTs and crypto collectibles, tweeted on July 28 that multiple creators can now receive earnings from a single OpenSea listing, and now projects that want to donate, or that have more than one creator, can split their fees.
Shadow Creator, one of the earliest companies in China to engage in the metaverse field, was reported by social media users on August 23 to be owing wages of more than 200 employees.