Metaverse
Meta Plans 30% Cut to Metaverse Budget as Reality Becomes Less Virtual: Bloomberg
Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people familiar with the matter told Bloomberg.

The Sandbox Cuts Half of Its Staff, Restructures as Animoca Brands Take Control
Metaverse platform The Sandbox is cutting more than half its staff and closing offices worldwide as Animoca Brands assumes direct control amid dwindling users.

Lamborghini to Debut Temerario Sports Car in the Metaverse
The metaverse is a virtual world allowing humans to interact with each other, play games and transact, often involving digital versions of real-life items

Donald Trump-Linked Firm May be Looking to Start NFT and Metaverse Platform
DTTM Operations filed a trademark application that hints at software that manages crypto, NFTs and virtual reality services.

Consensus Hong Kong 2025 Coverage
The Sandbox’s Sébastien Borget on the Future of Web3 Gaming
The co-founder of the popular metaverse platform discusses how Asia is driving the next wave of Web3 innovation.

The Sandbox's Largest Market for Creators Is Now India: Co-Founder Sebastien Borget
India has more than 66,000 creators on the Metaverse platform compared with 59,989 creators in the U.S. and 25,335 in Brazil.

The Sandbox Raises $20M at $1B Valuation, SAND Rises 4.5%
The company planned to raise $400 million at a $4 billion valuation two years ago.

Dolce & Gabbana Sued for Messing Up Delivery of Its NFTs: Bloomberg
The company promoted the NFTs telling customers that buying the DGFamily NFTs would grant them access to various digital rewards, the complaint alleges.

Vitalik Buterin Takes a Dig at the Metaverse, Calls It a Branding Ploy
Metaverse tokens have a $18 billion market cap, but we're not quite at Ready Player One yet.

