2022 Tag

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Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFT, has announced it is raising $450 million at a $4 billion valuation. The NFT company said the funds would be used to scale its team and operations, which it confirmed includes a new metaverse project called Otherside.

The metaverse project, Otherside, will integrate avatars from a number of NFT projects, including BAYC. Earlier this week, Yuga Labs tweeted a teaser that a metaverse project powered by its new ape-themed crypto coin, Ape...

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Unity spun that idea into an arm of its business and is now leveraging its game engine technology to help clients make “digital twins” of real-life objects, environments, and, recently, people. “The real world is so freaking limited,” said Danny Lange, Unity’s senior vice president of artificial intelligence, in Unity’s San Francisco headquarters last October. Speaking with WIRED in 2020, he had told me, “In a synthetic world, you can basically re-create a world that is better than the real world for...

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First, there was web1 – aka the internet we all know and love. Then there was web2 – the user-generated web, heralded by the arrival of social media. Now, wherever we look, people are talking about web3 (or sometimes, web 3.0) – the supposed next big evolutionary leap forward of the internet. But what is it, exactly?


What is Web3 All About? An Easy Explanation With Examples 


Well, opinions on this differ somewhat. Web3 is currently a work-in-progress and isn’t exactly...