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Wednesday, October 5, 2022

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Meta Ramping Up eCommerce in the Metaverse

Meta Ramping Up eCommerce in the Metaverse

Mark Zuckerberg's next big focus is the monetization of the metaverse. In a blog post, the Meta CEO announced that they are testing functionality that will make it possible for creators to sell virtual goods online worlds built on Horizon. "The ability to sell virtual items and access to things inside the worlds is...

Russian eCommerce Takes a Hit as Global Sanctions comes into effect

Russian eCommerce Takes a Hit as Global Sanctions comes into effect.

A modern-day digital iron curtain has fallen on the 12th largest e-commerce market in the world. eCommerce in Russia was the talk of the town in 2020-2021 as sales boomed and interest grew in the potential for significant gains in eCommerce sales and stocks in the sector. The darling of Russian eCommerce, Ozon launched...

Shiba Inu Launches SHIB Metaverse

Shiba Inu Launches SHIB Metaverse

Popular cryptocurrency coin Shiba Inu announces the launch of its own metaverse together with the sale of virtual plots of land. The development of Shib: The Metaverse comes as many other role players in the metaverse space continue to roll out new developments in the virtual world. The Shiba Inu team will offer 100,595...

Visa, Mastercard & American Express Halt Services in Russia

Visa, Mastercard & American Express Halt Services in Russia

The most accessible credit card networks globally have joined the sanction placed upon Russia by ceasing services. Credit cards issued by the network will still work for transactions and withdrawals in the country but not for any transactions outside of Russia. From Visa's announcement: "We are compelled to act following Russia's...

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