Blockchain & crypto news from India
Flipcart, the e-commerce platform that competes with Amazon in India, has launched its metaverse shopping experience. The metaverse is a 3D space where users enter with their digital avatars and carry out various activities. Flipcart’s service is called Flipverse, and can be accessed using its mobile app. “Our mission with FireDrops is to bring the…
Accelerated tech adoption has surged the fame of the metaverse around the globe, and real estate in the metaverse is the talk of the town. Real estate in the metaverse is a virtual ecosystem, a replica of real-world conditions. It links technologies like augmented reality, virtual reality, and video to develop a virtual space where…
Myraah, a Pune-based technology start-up, has raised $350,000 as pre-seed funding led by CEO and Co-founder of Xceedance, entrepreneur, and technology enthusiast Arun Balakrishnan, Gurgaon based angel investor. Mr. Arun is also one of the Venture Partners. This fund will help Myraah build a Web 3 platform enabling anyone to create their Web 3 digital…
Daler Mehndi has bought a piece of land in the metaverse and he’s named ‘Balle Balle Land’. According to reports, this is India’s first land acquisition in the metaverse. Mehndi revealed the land on Holi this year and it will house a store selling non-fungible tokens (NFTs). The land also owns a gold idol of…
The Oasis Foundation announced the launch of a $160 million investment fund in collaboration with a host of major venture capital firms. This foundation has been a long-term, inactive layer 1 project with a focus on privacy. With this announcement, there are signs of life coming back to this project. The following are the major…