The chip may also use 26,400 times less energy and 180 times less VRAM and can be integrated in a portable device no larger than a smartphone. It is designed to simplify the conversion of 2D material into editable 3D models for the Metaverse.

That also explains why Axie, a metaverse "play-to-earn," animated-pet-training video game inspired by Pokemon but fueled by cryptocurrency rewards, has surged in popularity over the past year in the South American country.

Join gaming leaders, alongside GamesBeat and Facebook Gaming, for their 2nd Annual GamesBeat & Facebook Gaming Summit | GamesBeat: Into the Metaverse 2 this upcoming January 25-27, 2022. Learn more about the event. Fold is launching an augmented reality experience where players can earn Bitcoin in a kind of augmented reality environment.

After seven years of funding their Gemini cryptocurrency empire out of pocket, Tyler and Cameron Winklevoss are in the process of signing the last documents on their first round of capital, a $400 million investment that values the New York parent company, Gemini Space Station, LLC, at $7.1 billion.

Join gaming leaders, alongside GamesBeat and Facebook Gaming, for their 2nd Annual GamesBeat & Facebook Gaming Summit | GamesBeat: Into the Metaverse 2 this upcoming January 25-27, 2022. Learn more about the event. Echo3D has raised $4 million for cloud authoring of 3D, augmented reality, and virtual reality content for a wide range of applications.

Boson Protocol , the project using smart contracts to power real-world commerce, has signed a six-figure deal to purchase a plot of land in Decentraland , the decentralized virtual world governed by its users.