Improbable strengthens focus on the metaverse, Reebok sets sights on 2024 virtual experience and so much more
Merry Christmas ya filthy animals! From all the team at XP3.
Each month we create the Metaverse Market Report, with all the latest information about the top web3 metaverse projects.
You can download your free copy of the December report here to get access to insights such as:
The top 3 projects have a combined market cap in excess of $2.5bn.
Only 35k+ unique wallets hold LAND NFTs from these projects.
On average only 2,313 holders from each project hold LAND NFTs and the relevant ERC-20 tokens.
And so much more info as we break down these top 3 projects to really understand the #web3 metaverse market as a whole.
The metaverse company, Improbable, has divested it’s gaming division and continues to strengthen its focus on the future of useful metaverse experiences and worlds. Their CEO, Herman Narula on CNBC this week, talked about the value generative AI will bring to this space.
Ubisofts Ethereum based NFTs ‘Champions Tactics’ are proving to be popular. The free to mint collection was minted out within 20 minutes and some of the digital collection were available on the second hand market for more than $600 shortly after. Read more here.
The VR Market seems to be shrinking, but what does that mean for the metaverse? Is there a correlation, or is their far more to metaverse experiences than putting on a headset. Read more here.
Reebok has partnered with the Futureverse, looking to create a metaverse experience in 2024. This sees the sports and lifestyle brand join the likes of Nike, Adidas and Puma. Read more here.
The Sandbox’s recent partnership with CoinDCX and Okto could make India its largest market. Whilst India’s position on web3 and crypto has been made clear, the country has yet to formally pass a bill on how to legislate it. Read more here.
Feel free to come and join the XP3 team over on X.com (formerly Twitter). We’d love to see you there and have you as part of our community.
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