Metaverse

Regulators Secure Reimbursement for Investors in Lydian.World Metaverse Scheme

Tuesday. September 10 at 4:00 AM

1 min. read

Securities regulators in 12 US states have reached a settlement with German companies linked to Josip Heit, ensuring reimbursement for investors who suffered losses in a scheme involving the Lydian.World metaverse, cryptocurrency, and tokenized ownership of a metaverse skyscraper. The North American Securities Administrators Association (NASAA) announced the return of all funds and cryptocurrency deposited with the GSB Group. US investors in participating states will receive compensation, with allegations of fraud being withdrawn. States like Alabama, Arizona, and Texas are part of the settlement. Regulators from multiple states and the British Columbia Securities Commission took action against the GSB Group for running a multilevel marketing scheme. Bloomberg reported that hundreds of millions of dollars will be refunded to affected investors in the US and Canada, with a 90-day window to file claims against the group.

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Arbitrum Collaborates with Lotte Group for Metaverse Expansion

Wednesday. January 8 at 12:00 PM

Ethereum Layer-2 network Arbitrum has partnered with South Korea’s Lotte Group to enhance its metaverse ambitions. The Arbitrum Foundation has granted Lotte the opportunity to drive blockchain development for Caliverse, Lotte’s metaverse gaming platform. Lotte Caliverse will offer an AI-driven 3D entertainment experience on the blockchain. The grant, issued in ARB tokens, signifies Arbitrum's commitment to ecosystem growth. This collaboration aims to bridge traditional businesses with emerging blockchain technologies, providing users with immersive virtual experiences and the ability to make crypto payments. The integration of Arbitrum's blockchain into Caliverse is expected to rekindle corporate interest in metaverse ventures. This partnership reinforces Arbitrum's position as a leading blockchain infrastructure for gaming and metaverse platforms, showcasing its flexibility and efficiency in the gaming sector.

Metaverse

The Future of Metaverse: Brendan Greene's Artemis

Monday. January 6 at 7:00 AM

Brendan Greene, the mind behind PUBG, is working on a new metaverse project named Artemis that may incorporate blockchain technology but is unlikely to involve NFTs. Greene, who departed from PUBG's development team in 2019, aims to create a gameplay-focused metaverse without NFTs. While NFTs may not be part of Artemis, Greene hinted at the potential integration of blockchain technology in the future. He emphasized the importance of a digital ledger within a digital world. Greene criticized the current metaverse efforts as creating intellectual property bubbles and expressed his vision for Artemis as a 3D internet where players can engage in multiplayer gameplay across various worlds. His project includes three games, with the first one, Prologue, set to launch in 2025. Greene's focus on user-generated content and creativity aligns with popular games like Minecraft and Star Trek Holodeck. Despite the hype surrounding the metaverse, Greene remains dedicated to developing innovative gaming experiences.

Metaverse

Unveiling TREAT: Shiba Inu's Next Big Token

Wednesday. January 1 at 5:00 AM

Shytoshi Kusama, the lead developer of the Shiba Inu project, has been sharing insights on the upcoming launch of TREAT, the final token in the ecosystem. TREAT is set to take center stage in early 2025, focusing on transactional rewards, engagement, and access. Kusama's recent comments hint at TREAT being more than just a tradable asset, aiming to incentivize participation and foster a 'Network State.' The podcast and partnership announcements further build anticipation for TREAT's debut, showcasing its role in fully homomorphic encryption and reputation systems. Kusama's vision for TREAT as the access token to advanced features sets it apart from other tokens in the ecosystem. As the Shiba Inu project continues to evolve, TREAT's launch promises to bring new dimensions to the global reach of the ecosystem.

Metaverse

Revolutionizing the Crypto Landscape

Thursday. December 26 at 7:00 PM

In the fast-paced realm of cryptocurrency, timing is crucial for maximizing investment returns. Discover how emerging projects utilizing cutting-edge technologies like VR, AI, and blockchain scalability are reshaping the market. 5thScape, a VR-powered metaverse project, is gaining traction with its innovative features and strong community support. With a successful presale and promising roadmap, early investors are poised for significant gains. Additionally, explore other new crypto coins with the potential for remarkable returns in the coming year. BlockDAG introduces a novel approach to blockchain scalability, while Artemis aims to revolutionize digital commerce. Dreamcars offers fractional ownership of luxury vehicles, and Pepe Unchained merges meme culture with blockchain technology. JetBolt addresses high gas fees and slow transactions, making it a standout platform in the Web3 space. Seize the opportunity to invest in these groundbreaking projects and be part of the future of blockchain technology.

Metaverse