The report delved into specific categories of investment disclosing that $213 million was directed towards metaverse-related games and technology

: Gucci, a luxury fashion brand recently announced a new multi-faceted partnership with the creators of the Bored Ape Yacht Club NFT collection, Yuga Labs.

According to Interpol Secretary General Jurgen Stock, the global police agency is investigating how the organization could police crime in the metaverse.

According to the WEF article, the biggest impact of the implementation of the technology will be observed in industrial environments first.

The Seoul Metropolitan Government has launched its metaverse Seoul project, allowing residents of the South Korean capital city to access city services in a virtual environment.

The Argentine Soccer Association, AFA, has partnered with Upland, a virtual world platform, to introduce its fans to the metaverse.

Zhejiang, a coastal province of China, has presented a metaverse development plan that seeks to build a metaverse hub in its territory.

Meta recently hosted top Nigerian creators across music, art, fashion, tech, and comedy as part of their #FlexNaija campaign, a first-of-its-kind mixed reality event showcasing creativity and imagination as keys to the metaverse.

MTN Group has announced that it will host an Africa-first virtual concert on 30 November 2022 in Ubuntuland, Africa’s metaverse.

NFT Marketplace, Emsany has announced the launch of its NFT project for the Dahomey community.

Mastercard has outlined five key crypto areas it is working on in order to turn cryptocurrencies into an everyday way to pay.

Japan’s Prime Minister says that the country plans to invest in NFTs and Metaverse services.

UAE Ministry of Economy has revealed its new headquarters in the Metaverse.

Abuja will host a cyberchain conference in October. The conference includes discussions about cyber security and blockchain.

Singapore-based bank DBS has announced a partnership with the metaverse platform, The Sandbox.

MAD Metaverse has announced a $10 Million airdrop for September 2022.

Eminem and Snoop Dogg had metaverse-inspired performances at the 2022 VMAs which featured Otherside metaverse, a gamified, interoperable metaverse where NFTs can become players.

Chivas Regal and Nigerian musician BNXN, formally known as Buju, hosted the first ever EP listening party in the Metaverse.

Crypsense Digital Group is among the first African-based Web 3 startups to qualify for the Draper VeChain Web 3 Accelerator Program.

The University of Tokyo, will be offering a series of study programs later this year taking place on the Metaverse.

Cardano ecosystem accelerator Adaverse has announced its investment of a seed funding round into Afriguild.

Kuwait-based Warba Bank has announced its presence in the Decentraland and Sandbox metaverse making it the first Islamic bank to enter the metaverse globally.

UPYO has announced the launch of an NFT platform to help Arab artists to think, create and engage in the NFTs marketplace.

Mastercard and the Saudi Esports Federation (SEF) have partnered to launch new and unique products, services, and solutions, to be delivered to gamers and consumers across the Middle East and North Africa.

A media startup called Afropolitan which aims to enable black people around the world to access opportunities in the virtual world has raised $2.1 million.

According to economists, the worldwide adoption of the metaverse may have Africa contributing $40 billion to the global GDP in just a decade.

Amber has made it’s way to metaverse, launching their own platform Openverse.

Here’s what you need to know about the metaverse.

Volkswagen has started a metaverse campaign with an NFT Treasure Hunt.

By 2026, he estimates that 30% of the world’s organizations will have products and services in the metaverse.