MetaTorch

Bandai Namco – the famous games developer – announces that it will be pouring $130 million into the creation of its own unique world within the metaverse.

For the moment, the world is dubbed ‘Mobile Suit Gundam Metaverse’ – named after the world-renowned manga/anime series, the world is set to include games, videos, live music among other kinds of content.

What do you think about this move from Bandai Namco? Let us know in the comments
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🔰HSBC, with 𝐚𝐥𝐦𝐨𝐬𝐭 $𝟑 𝐭𝐫𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐚𝐬𝐬𝐞𝐭𝐬, 𝐢𝐬 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭 𝐠𝐥𝐨𝐛𝐚𝐥 𝐛𝐚𝐧𝐤 𝐭𝐨 𝐞𝐧𝐭𝐞𝐫 The Sandbox metaverse.

The bank will buy a plot of land 𝐚𝐭 𝐓𝐡𝐞 𝐒𝐚𝐧𝐝𝐛𝐨𝐱 𝐦𝐞𝐭𝐚𝐯𝐞𝐫𝐬𝐞, which it will develop to engage with sports, e-sports and gaming fans, the statement said.

H𝐒𝐁𝐂 𝐬𝐞𝐞𝐬 "𝐠𝐫𝐞𝐚𝐭 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥" 𝐢𝐧 𝐜𝐫𝐞𝐚𝐭𝐢𝐧𝐠 "𝐧𝐞𝐰 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐞𝐦𝐞𝐫𝐠𝐢𝐧𝐠 𝐩𝐥𝐚𝐭𝐟𝐨𝐫𝐦𝐬."

Gucci, Warner Music Group, The Walking Dead, Snoop Dogg, and Adidas are among global brands that are working with The Sandbox.

🔹What do you think about this invsetment? Let us know in the comments

𝐀𝐫𝐜𝐡𝐢𝐭𝐞𝐜𝐭𝐮𝐫𝐞 𝐬𝐭𝐮𝐝𝐢𝐨 𝐙𝐚𝐡𝐚 𝐇𝐚𝐝𝐢𝐝 𝐀𝐫𝐜𝐡𝐢𝐭𝐞𝐜𝐭𝐬 𝐡𝐚𝐬 𝐫𝐞𝐯𝐞𝐚𝐥𝐞𝐝 𝐢𝐭𝐬 𝐧𝐞𝐰 𝐋𝐢𝐛𝐞𝐫𝐥𝐚𝐧𝐝 𝐌𝐞𝐭𝐚𝐯𝐞𝐫𝐬𝐞 concept in which virtual plots of land are up for sale and visitors can explore via avatars.

The virtual world is meant to serve as a template and aid in the development of the physical Liberland, and people who buy plots of land in the virtual city will also have a stake in the physical one.

Liberland Metaverse will be accessed via cloud-based platform Mytaverse with more launch details to follow.

Would you buy a virtual property rather than a real one? Let us know why in the comments
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Bored Ape Yacht Club Parent Company Valued at $5 Billion

Bored Ape Yacht Club’s parent company, Yuga Labs, is reportedly attempting to raise funds at a $5 billion valuation.

Yuga Labs is reportedly in contact with world renowned venture capital fund Andreessen Horowitz over a multi-million dollar equity deal.

The Bored Ape Yacht Club NFT collection includes 10,000 digital ape ethereum NFTs, and has become wildly popular since the collection launched last April.

Bored Ape’s have been purchased by A-list celebrities such as Justin Beiber and Snoop Dogg, and they have sold for as high as $2.9 million.

Do you think that Yuga Labs might be worth this massive valuation? How do you think they should use the money that they raise?
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