Overview

Last week, the live broadcast platform Yingke issued an announcement to change "Yingke Interactive Entertainment Co., Ltd." to "Yingyu (Beijing) Technology Co., Ltd." On the same day, Inke Interactive Entertainment also announced at its online brand upgrade conference that the company's business will fully expand into the metaverse. Based on Web3.0 technology, it will create a multi-dimensional social matrix that combines reality and virtuality to create a world with unlimited vitality. and a vibrant social metaverse.

In addition to Inke, Tencent seems to have also begun to take action on the Yuanverse. This week, three people familiar with the matter revealed that Tencent announced to its employees the formal establishment of an “extended reality” (XR) department, betting on the metaverse concept of the virtual world.

Although Tencent declined to comment, the establishment of the XR department is not surprising. Under the new development trend, domestic and foreign Internet giants have entered the metaverse, and hardware such as VR/AR/MR has also entered the metaverse. It is considered an important entrance to the virtual world, so Tencent, as the leading domestic Internet company, will naturally participate in it.

In addition, in addition to the layout of software and hardware, technology giants such as Meta and Microsoft have formed an organization called the Metaverse Standards Forum. NVIDIA executive Neil Trevett ) serves as the chairman of the Metaverse Standards Forum.

The Metaverse Standards Forum is free and open to any organization. It is committed to unifying the standards of the Metaverse industry and building interoperability standard services for cooperation, thereby achieving mutual compatibility in the digital world.

Looking around the world, more and more companies are beginning to try to integrate Metaverse technology into their own businesses, targeting the Metaverse track. The competition surrounding the "Metaverse" is becoming increasingly fierce. Whether it is technology giants or leading capital, they all believe that the Metaverse field has broad prospects.

Although the Metaverse is still in the early stages of development, helping technology giants reach a standard and common sense as soon as possible will be more conducive to the development of technology and market.

The era of the metaverse is coming, and we are full of expectations. The following is the detailed content of this weekly issue. Our heart of the metaverse has divided it into two major sections: important news and this week’s news overview. Please Enjoy:

Important News

Informed Persons : Tencent officially announced the establishment of the "XR" department, betting on the Metaverse

According to news on June 20, three people familiar with the matter said that Tencent Holdings announced the formal establishment of the "Extended Reality" (XR) department to its employees on Monday. , officially placing its bets on the metaverse concept of the virtual world. The unit will be tasked with building Tencent's extended reality business, including software and hardware, and will become part of the company's Interactive Entertainment Group (IEG), sources said.

The metaverse sandbox game platform Roblox may be launched on Meta Quest2

According to a recent disclosure by Bloxy News on social media, the metaverse sandbox game platform Roblox may be launched on Meta Quest2. Bloxy News tweeted: “Get ready to experience the Metaverse in a new and immersive way. Roblox is officially coming to another device soon… anyone can guess what it is? Bloxy News used the logos of Roblox and Oculus in the tweet image, and added the tag "Meta Quest" below the image. But so far, Meta has not officially commented on this rumor.

NVIDIA announces completion of 5G-based VR collaboration proof-of-concept

Recently, NVIDIA and multiple partners announced a successful proof-of-concept that uses edge computing and 5G-enabled VR technology to enable remote Two engineering teams located approximately 70 miles apart were able to collaborate as if they were in the same room.

Snapchat cooperates with British Vogue to launch AR fashion exhibition

Snapchat recently announced that it has cooperated with British Vogue to launch the VoguexSnapchat AR exhibition "Redefining the Human Body", hosted by the editor-in-chief of British Vogue and Curated by Edward Enninful OBE, Vogue Europe Editorial Director. This AR exhibit showcases high-end fashion designs achieved using custom Snapchat filters.

Immutable X announces brand update

Immutable Reality. Immutable has released a new brand logo and a new website.

The Valerian NFT of the European comic "Valerian" will be released before July 10th

All NFT feature components and metadata of the Valerian NFT of the European comic "Valerian" have been updated to IPFS. It will be released before July 10, and Web3.0 will be launched at the same time. In addition, its ecosystem's first Web3.0 social network aggregator based on the creator economy will be announced soon. Valerian NFT is a series of NFT launched based on the European comic "Valerian" IP. It is reported that the total number of Valerian NFT is 9999, which will be issued simultaneously on Binance NFT and Valerian official website.

Industrial and Commercial Bank of China’s first digital collection of family enterprise prosperity commemorative medals NFT

According to the official public account of Industrial and Commercial Bank of China, ICBC Private Bank’s family trust business is used to achieve property isolation, value preservation and appreciation, and wealth The effective model of inheritance is well received by customers. The Prosperous Family Enterprises Commemorative Medal was designed by Mr. Zhu Xihua, a well-known domestic arts and crafts artist, for ICBC customers. This digital collection is based on the design of the Prosperous Family Enterprises bronze medal. The issuance is provided by the Financial Technology Innovation Experience Center of ICBC and ICBC Seal Chain. Technical support. It is ICBC's commitment to its entrepreneurial customers, a symbol and token of this commitment, and has become a classic symbol of entrepreneur's wealth and spirit being passed down from generation to generation.

Report: Recruitment information for Crypto, blockchain, and NFT increased by 804 from April 2020 to April 2022

A report shows that from April 2020 to 2022 In April this year, job postings for Crypto, blockchain, and NFT increased by 804. The report from global employment portal Indeed also shows that market demand is accelerating, growing by 315% by 2022. Job postings in April 2022 are 15 times higher than in 2019, highlighting the role of the pandemic in this continued growth. Reports reveal that the Covid-19 pandemic has fast-tracked the adoption of cross-functional technology in India and hence the demand for technology professionals is more than ever, especially with expertise in new areas such as Crypto, NFT and blockchain. The data also shows that crypto roles appear to have one of the largest shares of overall technology job postings, increasing from 41.22 in 2019 to 2020 to 67.48 in 2021 to 2022.

BitGo partners with Parallel Finance to launch first NFT custody platform for U.S. institutions

Digital asset security and liquidity provider BitGo announced on Wednesday that it has partnered with decentralized lending and staking protocol Parallel Finance collaborates to launch NFT hot wallet and custody solutions for developers, retail markets and institutions. BitGo chief product officer Chen Fang said this is the first U.S.-qualified custody solution that can be paired with a hot wallet. Customers can interact with decentralized marketplaces like OpenSea and LooksRare through BitGo’s new wallet service, similar to how MetaMask users can integrate their wallets.

The top luxury car brand Bentley announced its entry into the NFT market and will release a limited edition NFT in September

The top luxury car brand Bentley announced its entry into the NFT market in a post on social media, planning to launch this year In September, it released its limited edition (208 copies) NFT works based on the Polygon network.

People's Science and Technology will issue the Yuan Longping Digital Collection

People's Science and Technology, a subsidiary of People's Daily Online, will issue the first digital collection on the People's Science and Technology Digital Collection Platform (referred to as People's Digital Collection) on June 19 A digital collection - "People's Daily" front page digital collection - New China's first special invention award was awarded to Yuan Longping's team. The collection is limited to 5,000 copies and is available to the public for free in a public welfare manner. The collection contains the front page of "People's Daily" where Yuan Longping's team, my country's Indica Hybrid Rice Scientific Research Collaboration Group, won the first special invention award issued by the country since the founding of the People's Republic of China.

The number of domestic digital collection distribution platforms has exceeded 500

According to China Times, as of June 15, 2022, according to incomplete statistics, the number of domestic digital collection distribution platforms has exceeded 500 500 homes. In sharp contrast, in February 2022, there were more than 100 domestic digital collection platforms. However, digital collections are issued in large quantities but not refined, and homogeneity is serious. The strategy of focusing on the secondary market has led to the prevalence of hype. The digital collection industry has been dragged into the vicious circle of "fake stock competition" and is in urgent need of supervision.

WeChat may have banned a public account for the first time on the grounds of “involving secondary transactions of digital collections”

According to news on June 20, the official public account of “NFTea Digital Tea Tickets” has been blocked recently. , the reason for deactivation is "complained by users and reviewed by the platform, there are business activities related to virtual currency transactions or secondary transactions of digital collections", which is quite different from the previous statement of banning digital collection accounts. In March previously, a large number of digital collection WeChat official accounts were blocked, including Art Meta Yuan Yi Shu, Yidian Shu Zang, Guizang Yuan Universe, Hua Sheng Meta, Yuan Ben Space, Shen Da Shu Zang, One Meta, Earth Zero, and Most of the reasons for banning, such as Nuofangti, are "the behavior of publishing, disseminating or engaging in relevant business activities without obtaining legal permits or licenses", and a small number of the reasons for banning are suspected of fraud. Among them, some platforms have set up separate WeChat public accounts, including "Art Meta Digital World" owned by Hangzhou Yuanyisu Technology Co., Ltd., "Yidian Digital Creation" owned by Jiangxi Dianzang Technology Co., Ltd., etc.

Technology giants including Meta, Microsoft, Microsoft and other companies announced the establishment and launch of the Metaverse Standards Forum

Technology giants including Meta, Microsoft, Sony and other companies announced the establishment and launch of the Metaverse Standards Forum ( Metaverse Standards Forum, hosted by the Khronos Group, a non-profit consortium of 170 organizations supporting interoperability standards in industries including 3D graphics, VR, AR and machine learning. The new forum is free and open to any organization. It will focus on projects aimed at enabling prototyping, hackathons, plugins, and open source tools to promote testing and adoption of Metaverse standards. There are currently more than 37 founding members of the Metaverse Standards Forum, including Meta, Microsoft, Sony Interactive Entertainment, Epic Games, and Chinese technology giants Alibaba and Huawei.

Dapeng VR has received a new round of tens of millions of yuan in financing to launch game-level VR products

Recently, Dapeng VR, a full-stack VR technology and product company, announced that it has completed a tens of millions of yuan in financing. Financing, this round of financing was jointly invested by Huaqiang Capital, Qianyi Capital and Lianxin Fund, an industrial fund under United Optoelectronics (300691.SZ).

eBay has acquired NFT trading platform KnownOrigin

According to news on June 22, global e-commerce giant eBay has completed the acquisition of NFT trading platform KnownOrigin today. The specific amount and terms are temporarily Not disclosed. The acquisition aims to combine eBay's reach and reputation with KnownOrigin's leading technology to support a new generation of NFT creators, sellers and buyers.

KnownOrigin was founded in 2018 to enable artists and collectors to create, purchase and resell NFTs through blockchain-powered transactions.

Report: The NFT market size is expected to reach US$212 billion by 2030

On June 17, Acumen Research and Consulting released a report "NFT market size, share, 2022-2030, Analytical Reports and Regional Forecasts. According to the report, the global NFT market will be US$16 billion in 2021 and is expected to reach US$212 billion by 2030, with a compound annual growth rate (CAGR) of 33.7 between 2022 and 2030.

Study: Current Metaverse Still Not Suitable for Remote Work

A study released earlier this month found that working in a virtual world with the tools available today may reduce employee productivity and increase their frustration and anxiety associated with remote work. 11 percent of study participants felt so unwell that they couldn't even complete a day in the study, leaving them with an incomplete assignment. A recent study by researchers from the University of Coburg, University of Cambridge, University of Primorsky Krai, and Microsoft Research has charted the issue. The report, titled "Quantifying the Effects of a Week of Working in VR," compared 16 different people. Employees' performance on development tasks in a normal environment and a common virtual world setting with a 40-hour work week. The results were mostly negative, suggesting that today's virtual world may still be too limited to support work-based applications.

ChinaJoy: CJ Plus will be held in the MetaJoy metaverse digital world

According to ChinaJoy official news, the 2022 ChinaJoy Online Exhibition (CJPlus) will be held from August 27 to September It will be held in the MetaJoy digital world on the 2nd. All players can participate for free. Just register and log in to get limited edition ChinaJoy commemorative coin digital collections, as well as digital collections sold by different companies and different activities. You can also purchase and Collect various digital collections in the form of exchange.

Gome’s involvement in the Metaverse: it has been identified as the most important strategy, and it has recruited talents to establish a project team

Recently, Gome has identified the Metaverse as the most important strategic direction, and the Metaverse project has The person in charge has joined the company in June and is actively recruiting talents. A person familiar with the matter told reporters that the Metaverse project may be partially launched in early July. In addition, public information from the workplace social platform Maimai shows that the business scope of the above-mentioned Metaverse project includes Metaverse world, Metaverse e-commerce, digital people, virtual idols, digital collections, etc. In response to this, Gome responded that the company is indeed making a preliminary attempt in the direction of the metaverse, and the True Happiness App will soon launch the metaverse function.

KPMG’s U.S. and Canadian teams launch a collaboration center in the Metaverse

The U.S. and Canadian business units of KPMG, one of the top four international accounting firms, launch a collaboration center in the Metaverse. in helping its clients strategize across the metaverse. A spokesperson said the private center is a place for its employees, partners and customers to conduct virtual team meetings and share ideas. They will also be able to conduct training sessions, job interviews and employee assessments in the Metaverse, as well as meetings showcasing KPMG services and capabilities. Armughan Ahmad, president and managing partner of digital at KPMG Canada, said, “The Metaverse makes it possible for us to experience a ‘phygital’ world where the physical and digital worlds merge. The Metaverse offers a market opportunity worth $13 trillion by 2030. Up to 5 billion users.” KPMG’s business units in the United States and Canada have assembled a dedicated team with technology and innovation experience to provide support for Metaverse design, NFT use cases, crypto assets, community interaction and broader Web3 integration.

Immutable announced the launch of a US$500 million venture capital fund to promote the adoption of Web3 games

According to news on June 17, Immutable, a provider of Ethereum NFT expansion solutions, announced the launch of a US$500 million venture capital fund. To promote Web3 game adoption. The funding will be used to fund projects building Web3 games and NFTs on its L2 scaling platform, Immutable X. In addition, the fund will work with other investors focused on Web3 games and NFTs, including BITKRAFT, Animoca Brands, Arrington Capital, Double Peak, Air Tree, King River Capital and GameStop, to gain access to additional investment opportunities.

Axie Infinity plans to sponsor 200 creators to participate in Nas Academy’s new creator academy

NFT game Axie Infinity plans to sponsor 200 creators to participate in Nas Academy’s new creator academy to help Axie creators are able to take content to the next level. This training school is designed by Nas Academy specifically for Axie Infinity community members. It is independent but complementary to the Axie Creator Program operated by QU3ST. Registration is currently open and will end on July 20.

This week’s news overview

VR/AR/MR

The U.S. Patent and Trademark Office disclosed a patent application titled “Head-Mounted Display” submitted in December last year. Valve design patent application.

Meta announced plans to expand its Meta Avatars virtual fashion product lineup with the launch of the Meta Avatars Store.

The Cannes Lions International Festival of Creativity has partnered with Niantic to provide an interactive AR experience.

Arvizio, a provider of enterprise AR/MR solutions, recently announced that its AR Instructor solution for AR guided teaching is now available for iPad, iPhone and Android devices, expanding its range of capabilities and market reach.

Wang Feng cooperates with Pico to create a global camping music rafting trip, a new upgrade in visual experience!

AR product and service provider Blippar recently announced the integration of the company’s no-code AR creation tool Blippbuilder into the business communication and collaboration platform Microsoft Teams, aiming to make it accessible to everyone, from novices with no coding background to experienced developers) can build immersive 3D AR experiences.

Healthcare technology provider Novarad announced that its AR surgical navigation system VisAR has received FDA 510(k) clearance for precision-guided intraoperative spine surgery.

DiscoverFeed Company announced that it will officially launch its metaverse platform "DiscoverFeed" on July 23, which allows users to experience nightclubs around the world in VR. It will hold free events every week for 5 consecutive weeks, connecting Real nightclubs and virtual nightclubs.

"Rec Room" has been updated to allow its Plus members to create custom shirts.

HTC VIVE recently announced that it will expand the scope of application of VIVE Flow by launching a commercial version of VIVE Flow.

PaiPai Technology’s high-end headset 8K

New research from MIT points to the potential benefits of AR for people with autism.

Nvidia launches 3D MoMa, which converts 2D photos into editable 3D models.

American musical instrument manufacturer Fender cooperates with Meta to launch the music metaverse "Stratoverse".

Egyptian startup Beyooot announced the official establishment of Egypt’s first AR e-commerce platform for home and office furniture, aiming to provide furniture products displayed on the platform and exported to foreign markets.

The demo version of the MR stargazing experience application "Skygaze" has been launched on the Quest platform.

Moth Flame cooperates with SHRM to launch an enterprise-level VR immersive learning market.

Solana Labs announced the launch of the Solana Mobile Stack software ecosystem for Android and revealed that its team is developing a new Android phone Saga.

NFT/Chain Games

Blockchain Intelligence Group launches NFT risk and investigation tool NFT Explorer.

Under Armor Curry’s personal brand Curry Brand launched the cross-community NFT project Basketball Headz.

The open payment network Ripple has reached a cooperation with FLUF World and will open "The Open Metaverse" through The Root Network.

Animoca Brands, UCOLLEX and MADworld will launch NFT series targeting Japanese culture.

Mars has submitted an NFT-related trademark application for its brand Snickers.

The cross-chain oracle solution SupraOracles has reached cooperation with the NFT market MADworld.

BSCFA announces that Lucky Floki has been whitelisted by BSC STAR

Web3 Ventures announced that it has purchased 150 NFTs from digital identity and immersive land project PunkScapes.

Silicon Valley production team will launch Web3 project.

NFT market NuqtahNFT has reached a strategic cooperation with Consensys.

Blockchain Intelligence Group launches NFT risk and investigation tool NFTExplorer.

DEX aggregator ParaSwap launches peer-to-peer NFT trading application.

Web3 social application Palmare and Refinable have reached a strategic cooperation.

Beverly Hills, Los Angeles, USA has submitted NFT and Metaverse related trademark applications.

Rapper Snoop Dogg has submitted two NFT and Metaverse related trademark applications.

COACH, a well-known American affordable luxury brand, and Web3 studio 1BLOCK have reached a cooperation and will launch a limited edition NFT.

Web3 social network Showtime launches Showtime 2 with Free NFTs as its flagship feature.

Yuga Labs hires key members of Christie’s NFT team as CryptoPunks brand leaders.

Blockchain racing game K4 Rally cooperates with Xchange Monster to provide Web3 gaming experience.

The Sandbox and Time Magazine will develop TIME Square in the Metaverse

Luxury fashion brand Burberry and blockchain gaming company Mythical Games have partnered to launch game characters, decorations and virtual worlds.

Metaverse game developer Bison has launched the first playable demo of Forgottent Runiverse.

Web3 credential data network Project Galaxy has reached cooperation with the metaverse project AlterVerse.

BitWell stated that it has sufficient reserves and will expand global talent recruitment.

Poly Network launches a systematic development framework to provide developers with "interoperability as a service".

The "Boring Ape" NFT project announced that it will cooperate with Rolling Stone magazine to develop a joint NFT and will be publicly auctioned.

MoonPay officially launches HyperMint, a practical NFT casting service.

FTX has withdrawn from negotiations for a sponsorship deal with the Los Angeles Angels of Major League Baseball.

The chain game Crypto Kitties is regarded as an "illegal and harmful website" in South Korea.

British car company Lotus Cars announced its cooperation with Ripple to develop its first NFT series, with XRP Ledger (XRPL) and NFT PRO providing technical support and NFT solutions.

Coinbase NFT supports multiple wallets online, and a single account can connect to up to 10 wallet addresses.

Quidd launches the ability to mint and unmint digital collectibles into NFTs.

Meta will expand the scope of NFT testing in Instagram and Facebook.

Uniswap airdrop conditions have been corrected to require holding Genie Genesis NFT at the snapshot on April 15.

GSR announced its NFT investment portfolio "GSR Blue", including blue-chip PFP and generative art based on Ethereum and Solana.

Doodles announced that it will launch the second season of NFT.

The Sandbox announced that it will cooperate with the copyright holder of the anime "Captain Tsubasa" to introduce it into the Sandbox Metaverse.

Luxury brand Gucci has submitted 5 trademark applications for its name and logo, covering NFT-supported media, crypto brokerage services, exchanges, market services, virtual clothing, vehicles, real estate, fashion shows and currencies.

NFTGo announced that it will officially launch the aggregated trading function in July.

Ledger launched the NFT market Ledger Market and Web3 service platform for enterprises.

ConsenSys officially announced the release of the blockchain platform Infura NFT API Beta version. This product enables Infura users to easily and verify digital assets and create metadata templates, allowing them to customize and develop NFTs.

E-commerce giant Shopify provides merchants with new ways to connect with loyal customers through NFT.

The founder of RSS3 announced official support for RSS.

The Ethereum NFT project Doodles announced the appointment of musician Pharrell Williams as chief brand officer at the NFT.NYC conference. He will help shape the series in music, artwork, consumer products, animation and events. series of measures.

Web3 digital identity platform Unstoppable Domains announces integration with ShapeShift.

Stephen Curry’s BAYC avatar is displayed on the P01NT.co official website.

Techmeme, a technology media, is about to launch an NFT section.

Phantom already supports listing NFT directly on Magic Eden within the browser extension application.

Mars submitted Yuanverse and NFT trademark applications for its brand Dove.

ConsenSys has added NFT functionality to the MetaMask institutional portfolio dashboard.

Kakao’s Ground X will transfer the virtual asset wallet Kaikas business to Sfresso247.

The National Hockey League (NHL), composed of North American ice hockey teams, announced a partnership with NFT platform Sweet to create an NFT series and market that includes past and present NHL players.

Gucci, an Italian high-end luxury brand, purchased $25,000 of NFT market SuperRare token RARE to join SuperRare DAO. After Gucci joins the DAO, it will launch the "Vault Art Space" exhibition, which will include a selection of NFT artworks by 29 artists

Binance has formed a partnership with Ronaldo to issue a series of NFT collections Taste.

The NFT game "Blankos Block Party" will be launched on the Epic Games Store.

Others

Chongqing Hongyan Revolutionary History Museum released its first digital collection in limited edition.

Instagram launches parental control metaverse monitoring function.

HTC's new mobile phone product will be a "metaverse vehicle". By being closely connected with VIVERSE, various functions of the metaverse can be used on the mobile phone.

Iflytek, a leading domestic technology company, officially launched the "Xingzhi" digital collection platform and announced that it will go on sale at 12:00 on June 20 with two first-release digital collections.

CCTV launched the first large-scale immersive digital interactive space with metaverse concept "Sanxingdui Fantasy Journey".

Unstoppable Domains partners with the City of Miami to provide free Web3 education to Miami residents.

Dewu App officially launched the digital collection platform.

Meta is partnering with Balenciaga, Prada and Tom Brown to launch a digital fashion marketplace.

For the first time, Tuhu Automobile has issued a limited edition of 6 digital collections of the "Tiger General" series, limited to 10,000 pieces.

Jiujiyuan, a low-alcohol trendy drinking brand, announced the launch of its second work "Liuguang Weijiu" with the core element of Boring Ape BAYC#6686, with a limited edition of 999 pieces.

Beijing Winter Olympics figure skating "daughter" Anna Shcherbakova makes the world's first digital collection

China Record Group launches digital collection.

Shenzhen International Preparatory Academy releases digital collections.

Kugou Music released the country’s first digital music collection of intangible cultural instruments, “Ancient Lehua Chapter”.

Virtual human Mei Setian serves as the promotion officer of the Metaverse at the Beijing International Film Festival.

China Mobile Games launched the digital art copyright distribution platform "Youyu Art".

Yuanverse was selected into the start-up field of LG Startup Incubator North America Innovation Center.

The Gansu Provincial Department of Culture and Tourism issued the "Ruyi Gansu" digital commemorative ticket.

The chairman of HTC joins Lenovo’s board of directors and may explore the expansion of Yuanverse application development.

Luxury mobile phone brand Vertu partners with Binance to launch NFT and smartphones.

Twitter’s board of directors approves Musk’s $44 billion acquisition offer.

GF Securities pointed out that China’s digital collection industry is expected to move toward standardization and differentiation.

Market news: Meta’s Metaverse hardware and headphone business are slowing down.

Ming-Chi Kuo corrected his forecast for Metaverse hardware/headphone shipments in 2022 to be reduced by 25-35%.

Microsoft will stop selling AI emotion recognition technology and limit the use of facial recognition tools.

Zuckerberg announced that Facebook Pay will be renamed Meta Pay.

The official digital collection of CBA game floor is released.

Metaverse startup Translucia has partnered with software development company Two Bulls to allocate US$100 million to build a Metaverse research and development center.

Many Japanese parties mentioned Web3 and encryption tax reform in their July Senate election promises.

American guitar manufacturer Fender cooperates with Meta to launch the music metaverse Stratoverse.

The decentralized cloud service platform Ankr launched an application chain, allowing DApp developers to build exclusive chains.

Nanjing University of Aeronautics and Astronautics releases digital collections.

Hangzhou Public Transport’s first digital collection.

The ADAM Chinese community, the first data encryption computing network based on Web3.0, officially launched the "Volunteer Recruitment Activity".

Meta will reduce Yuanverse smart hardware shipments in 2022 by 3 million units.

Investment and Financing News

Chain game Earth From Another Sun completed US$4.5 million in financing.

Huobi Lianchuang Dujun and BMAN launched a US$400 million Web3 fund.

Blockchain gaming company Clockwork Labs completed US$22 million in Series A financing, led by a16z.

Blockchain company Ekta completed US$60 million in financing, led by Global Emerging Markets.

NFT smart wallet Castle completed a $1.5 million Pre-Seed round of financing, led by Dragonfly Capital.

Alchemy, an encryption infrastructure service provider, launches a $25 million developer grant program to support Web3 projects.

Crypto art platform Outland announced that it had completed a US$5 million seed round of financing in March 2022.

NFT startup Fika completed US$4 million in financing.

Dai Nippon Printing Co., Ltd. DNP cooperates with Alpha Code, which is responsible for VR/MR live video distribution business, to provide services that connect reality and virtuality.

Animoca Brands acquires over 80% of TinyTap’s issued capital.

Game company Admix will merge with Metaverse company LandVault, with the combined valuation reaching US$300 million.

NFT lending platform Astaria completed US$8 million in financing.

MachineFi Lab, the core developer of the IoT blockchain platform IoTeX, completed a US$50 million Series A financing, with participation from HashkeyCapital and others.

"Qihuo Technology" received tens of millions of yuan in angel round financing. This round of financing was led by Linear Capital, and the listed company Oya Design also participated.

Web infrastructure Platform.sh completed a $140 million Series D financing led by Digital Partners.

Afropolitan, an NFT-based “community-as-a-service” startup, completed a $2.1 million pre-seed round of financing.

Lingdi Style3D, a digital infrastructure service provider for the physical world, completed nearly US$100 million in Series B financing to build digital fashion infrastructure.

Chain game platform MetaOne completed a US$2 million private equity round of financing, with participation from Huobi Ventures and others.

Web3 education platform Neol completed a $5.2 million seed round of financing, led by Kyu Collective and Global Ventures***.

Magic Eden, the Solana ecological NFT market, completed US$130 million in Series B financing at a valuation of US$1.6 billion.

DeFi developer Coin98 Labs announced the acquisition of Vietnamese game studio Yunero Studios to accelerate the mass adoption of Web3 through GameFi.

Transfr VR, a provider of VR/AR training solutions, completed US$35 million in Series B financing.

Uniswap Labs acquires NFT aggregation market Genie and issues USDC airdrops to qualified users.

Authentic Artists, the metaverse music platform, announced the completion of strategic financing.

The venture capital institution 1confirmation announced the launch of a US$100 million NFT fund.

Game developer CloudFeather Games completed a $1.25 million seed round of financing.

Japanese virtual IP company Brave group Inc. completed US$10 million in financing, with participation from Dawn Capital and others.

Web3 news startup Capsule Social completed a $2.6 million seed round of financing, led by Beacon Fund.

Swiss encryption startup Nobank announced the completion of a seed round of financing of 1 million Swiss francs (approximately US$1.03 million).

AR industrial startup KIT-AR completed a seed round of financing of 2 million euros.

Opinion

Billionaire hedge fund manager Lee Cooperman: NFT and Crypto are “junk” and it will be difficult for the market to recover in the short term.

Tigran Gambaryan, Vice President of Global Intelligence and Investigations at Binance: India will become a global center for blockchain, encryption and Web3.

Report: The NFT market size will increase to US$7.3908 billion by 2028.

Bank for International Settlements (BIS): With the collapse of the Terra ecosystem, digital assets still face structural problems.

Well-known director Spike Lee: Using NFT to fund movies will "bring more democracy to filmmaking."

Lou Jianxun, Vice President of Digital Technology of Ant Group: Digital transformation has become a new driving force for promoting Chinese industries to move towards the middle and high end of the global value chain.

Shi Yi, Ant Group Digital Technology AIoT: Blockchain IoT builds a reliable source of links to the physical world.

Sun Xi, senior expert in strategic research at Ant Group Research Institute: Blockchain brings new opportunities to the development of the new energy industry.