Post #66

Metaverse: May headlines - Alibaba Cloud Builds Metaverse Launchpad on Avalanche named Cloudverse, the launchpad is designed to provide an end-to-end platform for companies to customize and maintain their metaverse spaces (source) - Top metaverse property investments suffer massive losses - Report: Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value over the past year (source) - Chinese city releases policy draft for metaverse industry development - the policies include a series of cash benefits to attract metaverse-related companies to set up shop in the city (source) - BuzzAR and Cypher Capital team up for Metaverse project - the partnership will allow the companies to leverage proprietary generative AI technologies on its Metaport (source) #metaverse#trends#May2023