Jinan Pilot Zone has released eight policies to support the development of metaverse and build innovation platform. The policies include providing financial subsidies and rewards, and prioritizing support for industrial carrier space and talent apartments.Jinan Pilot Zone Releases Eight Policies to Support the Development of Metaverse and Build Innovation Platform, Including Up to 30% Financial Subsidies for Newly Recognized National, Provincial, and Municipal Metaverse Platforms, with Rewards of Up to RMB 10 Million.

The virtual reality sector of cryptocurrency has experienced a surge of over 7.9% in the past 24 hours, as investors anticipate Apple's upcoming VR headset reveal. Apple's share price has also risen by 7.4% in the past two weeks, coinciding with the rise in virtual reality and metaverse crypto tokens. Despite the wider crypto market shedding 1.5% of its value over the past 24 hours, Decentraland (MANA) and Wilder World (WILD) have both seen gains, with WILD soaring by 18.8% in the past 24 hours. The metaverse sector has recently experienced a bounce, with a total of $905 million in trading volume exercised on metaverse tokens over the past 24 hours and an overall market cap of $8.65 billion.

The key to unlocking the Metaverse's potential may lie in offering users tangible experiences and value, rather than relying solely on lofty promises and grand visions.

The Animal Age is an animal metaverse that offers much more than the basic functions of virtual cat rearing, breeding, and P2E.

Devour, a restaurant engagement technology company, has announced a strategic partnership with AlterVerse, a gaming industry innovator.

Another World is a metaverse game that allows players to showcase their Bored Apes, Clone X, OnChainMonkey, and Azuki NFTs in a 3D environment inspired by the Apes' swampy homelands and Azuki's Japanese anime-inspired aesthetic.

Layaverse is a metaverse platform with Chinese characteristics, covering three aspects: e-commerce, social networking and entertainment.

The 0N1 Force has announced their comeback tour and a new partnership with Theia3D to expand their intellectual property across the metaverse, starting with 0N1 World in Fortnite Creative 2.0.

Kellogg's has filed for twelve trademarks for its various brands, indicating that the American cereal company may have plans to create NFTs with its intellectual property.

Blockchain technology is playing a crucial role in the development of the metaverse, a shared immersive platform combining spatial communications and the internet.